Lemonade raises FY25 revenue view to $727M-$732M from $710M-$715M

Consensus $714.36M. Raises FY25 adjusted EBITDA view to loss of $127M-$130M from loss of $135M-$140M. The company said, “We continue to expect 30% IFP growth in FY 2026. Simultaneously, we’ll continue to leverage AI to scale the operation such that we can deliver relative stability in operating expenses excluding growth spend. As a result, we expect to drive Adj. EBITDA improvement that sees us generating positive Adj. EBITDA for the full quarter in Q4 2026.”