Digital insurance provider Lemonade (NYSE:LMND) reported Q2 CY2025 results beating Wall Street’s revenue expectations, with sales up 34.5% year on year to $164.1 million. Its non-GAAP loss of $0.76 per share was in line with analysts’ consensus estimates.
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Shares of digital insurance provider Lemonade (NYSE:LMND) jumped 28.2% in the morning session after the company posted strong second-quarter financial results that beat Wall Street estimates and raised its full-year outlook. The AI-powered insurer posted revenue of $164.1 million and a loss of $0.60 per share, both of which topped analyst estimates. Company management attributed the strong performance to accelerating growth and healthy underwriting. Furthermore, Lemonade lifted its full-year 2025 revenue forecast to between $710 million and $716 million. The company also reported that its in-force premium, a key metric representing the value of all active policies, climbed 29% from the previous year to $1.08 billion, a sign of robust customer expansion.
Digital insurance provider Lemonade (NYSE:LMND) announced better-than-expected revenue in Q2 CY2025, with sales up 34.5% year on year to $164.1 million. Its GAAP loss of $0.60 per share was 24.9% above analysts’ consensus estimates.
