LMND Stock Soars After Q3 Beat and Guidance Raise: Revenue +42%, Loss Ratio at Record Low (Nov. 5, 2025)
Lemonade shares surged Wednesday after Q3 revenue jumped 42% to $194.5 million, beating forecasts, and the company raised its 2025 outlook. In-force premium climbed 30% to $1.16 billion, gross profit more than doubled, and the gross loss ratio hit a record low. Management now expects Q4 revenue of $217–$222 million. Annual dollar retention slipped to 85%.