NYSE$LMND
Lemonade Inc. · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Lemonade's Q3 2021 performance was marked by significant growth in in force premium and customer base, alongside the launch of Lemonade Car and acquisition of Metromile.
Lemonade reported a robust Q3 2021 with a 101% increase in revenue, driven by growth in gross earned premium and customer base. The company launched Lemonade Car and announced the acquisition of Metromile to enhance its car insurance capabilities. While growth was strong, the company experienced a higher net loss, reflecting increased investments in growth and product development.
- Launched Lemonade Car and announced the acquisition of Metromile.
- In force premium increased by 84% year-over-year, reaching $346.7 million.
- Customer count increased by 45% year-over-year, totaling 1,363,754 customers.
- Total revenue increased by 101% year-over-year, reaching $35.7 million.
Headline financials
Revenue & EPS history
Lemonade · Revenue · Quarterly
$35.7M
Forward guidance
For Q4 2021, Lemonade anticipates in force premium between $380 and $384 million, gross earned premium between $88 and $89 million, revenue between $39 and $40 million, and an adjusted EBITDA loss between $52 and $50 million.
Tailwinds
- In force premium at December 31 of $380 - $384 million
- Gross earned premium of $88 - $89 million
- Revenue of $39 - $40 million
Headwinds
- Adjusted EBITDA loss of ($52) - ($50) million
- Stock-based compensation expense of approximately $19 million
- Capital expenditures of approximately $3 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
+0.8%
Avg return
Earnings day
+3.7%
Avg return
5 days after
+10.5%
Avg return
30 days after
44%
11 / 25 earnings
Positive
+57.5%
Q3 2023
Best reaction
-25.2%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.7% | -13.6% | -11.5% | |
| Q4 2025 | -6.1% | -20.6% | -2.4% | |
| Q3 2025 | +34.3% | +34.5% | +34.6% | |
| Q1 2025 | +0.8% | +3.6% | +19.2% | |
| Q4 2024 | +12.6% | +18.5% | +3.1% | |
| Q3 2024 | +28.8% | +33.6% | +176.3% | |
| Q2 2024 | -23.6% | -26.6% | -18.1% | |
| Q1 2024 | +3.0% | +4.1% | -4.2% | |
| Q4 2023 | -25.2% | -20.6% | -24.4% | |
| Q3 2023 | +57.5% | +53.1% | +66.4% | |
| Q2 2023 | -22.4% | -26.8% | -36.3% | |
| Q1 2023 | +32.0% | +47.8% | +64.1% | |
| Q4 2022 | -2.9% | -0.7% | -21.1% | |
| Q3 2022 | +11.2% | +13.7% | -7.3% | |
| Q2 2022 | +14.1% | +27.5% | -3.2% | |
| Q1 2022 | -6.7% | +13.7% | +3.5% | |
| Q4 2021 | +2.3% | +5.8% | +12.7% | |
| Q3 2021 | -10.8% | -9.3% | -34.0% | |
| Q2 2021 | -10.0% | -7.6% | -14.0% | |
| Q1 2021 | -12.4% | -1.9% | +43.8% | |
| Q1 2020 | -12.4% | -1.9% | +43.8% | |
| Q4 2020 | -22.2% | -29.8% | -27.8% | |
| Q3 2020 | -15.0% | -1.0% | +38.9% | |
| Q2 2020 | -5.6% | -2.0% | -20.1% | |
| Q4 2019 | -5.6% | -2.0% | -20.1% | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q4 2018 | — | — | — | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro