Every 8-K that Lemonade, Inc. (LMND) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow LMND and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LMND filings page.
Lemonade, Inc. (LMND) says its board approved CFO Tim Bixby’s transition to a Class III director and Nick Stead’s appointment as CFO, both effective January 1, 2027. Bixby will continue as CFO through that date.
As a director, Bixby will receive an annual $50,000 cash retainer and, beginning with the 2027 Annual Meeting of Stockholders, an annual restricted stock unit award with $185,000 grant date fair value, vesting on the first anniversary subject to continued service. He will receive no initial equity award; his existing equity awards continue vesting during director service, and the agreement provides no severance or separation payments. Stead’s annual base salary is $412,500, with 80,000 restricted stock units vesting quarterly over four years beginning March 1, 2027, subject to continued service.
Lemonade, Inc. reports leadership changes effective January 1, 2027. Chief Financial Officer Tim Bixby will transition from his CFO role to serve as a Class III member of the board of directors. The company plans to enter into a transition agreement with Bixby covering the terms and any compensation, to be detailed in a later public disclosure.
The board appointed Nick Stead, 33, currently Senior Vice President Finance, as the next Chief Financial Officer and as principal financial and accounting officer, also effective January 1, 2027. Stead has held senior finance, FP&A, investor relations and business operations roles at Lemonade and at Flex, a consumer payment platform. The company states that neither Bixby nor Stead has disclosable family relationships or related‑party transactions with the company.
Lemonade reported strong Q2 2026 growth, with in force premium of $1.43 billion, up 32% year over year, and customers rising 23% to 3.31 million. Premium per customer increased 8% to $433, while revenue grew 79% to $294.4 million as lower quota-share cessions boosted premium retention.
Profitability metrics improved despite continued losses. Gross profit rose 76% to $113.2 million and the ratio of adjusted gross profit to gross earned premium expanded to 34% from 26%. Adjusted EBITDA loss narrowed to $18.7 million from $40.9 million, though net loss remained $43.4 million. The loss-adjustment expense ratio fell to a record 5%, below industry averages, reflecting AI-driven claims automation.
Lemonade ended June 30, 2026 with approximately $1.2 billion in cash, cash equivalents and investments. Management continues to expect positive Adjusted EBITDA in Q4 2026, with guidance implying about $8 million, supported by reinsurance changes that reduce catastrophe volatility and a new up to $250 million synthetic agents financing facility at a ~9.8% cost of capital.
Lemonade, Inc. entered into a New Business Financing Agreement with Hannover Re (Ireland) DAC under which Hannover will provide up to $250 million of outstanding capital to finance sales and marketing growth from January 1, 2027 through December 31, 2028. The facility is subject to a maximum outstanding capital amount of $150 million from the funding begin date through December 31, 2027, and up to $250 million at any time from January 1, 2028 through December 31, 2028. At the start of each monthly growth period, Hannover may finance up to 80% of the company’s qualifying Growth Spend, not exceeding $20 million per reference cohort.
Repayments will be made from a specified percentage of premiums collected on customer cohorts linked to the funded spend, with a rate of return equal to the greater of 0% or the three-year U.S. Treasury Bill rate, plus 5.8%. Once a cohort is fully repaid, Lemonade retains all future premiums from that cohort. The agreement includes financial covenants, cancellation and commitment termination provisions, and standard representations and warranties, and remains in effect unless terminated under its terms.
Lemonade, Inc. reported the results of its annual stockholder meeting. Holders of 53,866,520 common shares, representing 70.12% of voting power as of the April 9, 2026 record date, were present or represented by proxy.
Stockholders elected Michael Eisenberg and Debra Schwartz as Class III directors, to serve until the 2029 annual meeting and until their successors are duly elected and qualified. They also ratified the appointment of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, and approved the compensation of the company’s named executive officers on an advisory, non-binding basis.
Lemonade, Inc. reported strong Q1 2026 growth with revenue of $258.0 million, up 71% year over year, driven by higher gross earned premium and increased premium retention.
In Force Premium reached $1.33 billion, up 32%, and customers grew 23% to 3.14 million. Gross profit rose to $100.1 million, a 159% increase, lifting gross margin to 39%. Net loss narrowed to ($35.8) million from ($62.4) million, while Adjusted EBITDA loss improved to ($17.1) million from ($47.0) million.
Adjusted free cash flow swung to a positive $17.4 million from ($31.0) million and cash, cash equivalents and investments totaled $1.14 billion. Guidance for 2026 calls for IFP of $1.63–$1.64 billion, revenue of $1.20 billion, and continued progress toward positive Adjusted EBITDA in Q4 2026.
Lemonade, Inc. reported its strongest quarter to date in Q4 2025, combining rapid growth with sharply improved profitability metrics. In force premium reached $1.24 billion, up 31% year over year, while revenue rose 53% to $228.1 million as the customer base grew 23% to about 3.0 million.
Gross profit increased 73% to $110.6 million, lifting gross profit margin to 48%, helped by an improved gross loss ratio of 52% versus 63% a year earlier. Net loss narrowed to ($21.7) million from ($30.0) million, and Adjusted EBITDA loss improved to ($4.6) million from ($23.8) million. Adjusted free cash flow was $36.7 million, up from $26.5 million, and cash, cash equivalents and investments totaled about $1.12 billion at year-end, with roughly $250 million required as regulatory surplus.
The company highlighted strong growth and underwriting trends in Pet, Car, and Europe, and set 2026 guidance for in force premium of $1.63 billion at the high end, revenue of up to $1.192 billion, and full-year Adjusted EBITDA loss between ($52) and ($48) million. Management reiterated expectations for positive Adjusted EBITDA in Q4 2026 and for 2027 to be its first full year of Adjusted EBITDA profitability.
Lemonade, Inc. filed an update on its publicly traded warrants that were originally issued in connection with its November 8, 2021 merger with Metromile, Inc. The company has 7,846,646 warrants outstanding, each with an exercise price of $218.51 and listed on the New York Stock Exchange under the symbol LMND-WS.
These warrants are scheduled to expire on Monday, February 9, 2026 at 5:00 p.m. Eastern Time. To allow for timely settlement of any final trades, the New York Stock Exchange has notified Lemonade that it will suspend trading of the warrants after the close of market on Thursday, February 5, 2026.
Lemonade, Inc. (LMND) reported it has released financial results for the three and nine months ended September 30, 2025, via a shareholder letter. The company furnished the full text as Exhibit 99.1 to a current report. The materials are furnished, not filed, under the Exchange Act, and are not subject to Section 18 liabilities or incorporated by reference except as specifically noted.
Lemonade, Inc. appointed Prashant Ratanchandani to its Board effective October 15, 2025. He will serve as a Class II director through the company’s 2028 annual meeting, continuing until a successor is elected and qualified or earlier departure events.
Under the company’s Non‑Employee Director Compensation Policy, he is eligible for an annual cash retainer of $30,000 (earned quarterly), an initial RSU award valued at $175,000 vesting in equal annual installments over three years, and, following each annual meeting, an annual RSU award of $150,000 vesting on the first anniversary of grant. He entered into the standard director indemnification agreement. The company states there were no appointment arrangements, no family relationships, and no related‑party transactions requiring disclosure.
Lemonade, Inc. reported that its Board of Directors appointed Geoff Seeley as a Class I director effective October 6, 2025. His term will run until the 2027 annual stockholders’ meeting, when his successor is elected and qualified, or earlier if he leaves the role.
Seeley will receive an annual cash retainer of $30,000 for Board service. He is also granted an initial restricted stock unit award valued at $175,000, vesting in equal annual installments over three years, and will be eligible for annual RSU awards of $150,000 after each stockholders’ meeting, vesting after one year. The company states there are no special arrangements or family relationships tied to his appointment and that he has no material interests in related-party transactions.