Want to see LMND full AI Analyst Report?
In Force Premium
The total value of active policies’ premiums at a point in time, reflecting the size of Lemonade’s revenue base and future premium flow; growth in in-force premium shows scale, while drops point to cancellations or pricing changes.In Force Premium has accelerated to $1.33B on broad-based product expansion—Pet reached $500M—and aggressive cross-sell, delivering sustained scale that’s materially improving unit economics and gross margins. Management’s reinsurance transition (Q1 retention ~30% moving toward ~20% by Q3) amplifies near-term revenue volatility and is inflating reported growth now, but higher retention should boost long-term revenue and margin capture. The key risk: translating IFP into sustainable GAAP profits given a still-elevated combined ratio and rising operating and stock‑based comp expenses.
Date | In Force Premium |
|---|---|
Jun 30, 2026 | $1.43B |
Mar 31, 2026 | $1.33B |
Dec 31, 2025 | $1.24B |
Sep 30, 2025 | $1.16B |
Jun 30, 2025 | $1.08B |
Mar 31, 2025 | $1.01B |
Dec 31, 2024 | $943.70M |
Sep 30, 2024 | $889.10M |
Jun 30, 2024 | $839.00M |
Mar 31, 2024 | $794.20M |