Lemonade IncStrong revenue growth and raised guidance signal financial outperformance.

Lemonade could deliver a tenfold return for shareholders by 2034, driven by its AI-powered insurance platform and rapid growth. The company reported a 79% surge in second-quarter 2026 revenue to $294.4 million, while its in-force premium reached $1.4 billion as of June 30, up 32% year over year. Management raised its full-year 2026 revenue forecast to $1.217 billion and outlined a 10-year plan to grow in-force premium to $10 billion. Lemonade's loss adjustment expense ratio fell to a record low of 5%, nearly half the industry average, and its gross loss ratio hit a record low of 60%. The stock trades at a price-to-sales ratio of 4.2, below its three-year average of 5.3.
Lemonade IncStrong revenue growth and raised guidance signal financial outperformance.