Lemonade Stock Dropped by 36% in February. Here's What Happened.
2026-03-05 12:35:00 ET
In the fourth quarter of 2025, Lemonade 's (NYSE: LMND) customer count increased by 23% year over year, its premiums per customer rose 7%, and its revenue grew by 53% -- all solid improvements.
The upstart insurance company believes its results are starting to validate its strategy of utilizing artificial intelligence (AI) at the core of its operations. While it isn't profitable now, management forecasts that it will report positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q4 2026.
Its recent earnings report was encouraging, but it still wasn't enough to prevent Lemonade's stock price from plummeting by roughly 36% in February.
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