Here's the 1 thing to Watch When Lemonade Releases Earnings on April 29

By Jennifer Saibil – Apr 19, 2026 at 12:47PM ESTKey PointsLemonade's revenue has been increasing, and growth has been accelerating.Its loss ratio is declining.It's still unprofitable on an adjusted EBITDA basis.Lemonade (LMND +3.59%) stock has seen a resurgence lately after several years of disappointing returns for shareholders, but it dropped after its last earnings report on Feb. 19. But the next report will be released later this month, and the company has a chance to redeem itself. Here's what investors should focus on when the innovative insurance company reports fiscal 2026 Q1 earnings on April 29. Image source: The Motley Fool. Lemonade has managed high growth in several metrics from its 2020 inception, and not only has it maintained that, but growth in in-force premiums (IFP), its top-line metric, has accelerated for the past seven quarters. That implies several positive things: Customers are spending more, people are attracted to the platform, and the machine learning algorithms are working. There's been significant progress over the past few years across the business, and management is confident it has the right approach to insurance. ExpandNYSE: LMNDLemonadeToday's Change(3.59%) $2.46Current Price$70.94Key Data PointsMarket Cap$5.4BDay's Range$70.21 - $72.5952wk Range$25.07 - $99.90Volume59KAvg Vol2.5M The main issue holding investors back has been profitability, and that's measured in several ways. The loss ratio is an insurance metric that demonstrates how much the company pays out in claims, and a lower number is better. Lemonade's loss ratio has been improving, which is likely the main reason the stock has recovered. However, Lemonade is still reporting net losses. It's actually still reporting adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) losses, but management is expecting that to turn positive in the fourth quarter of fiscal 2026 and significantly improve throughout the year. The main thing to watch in the first-quarter report is how well adjusted EBITDA is improving, which will give investors a sense of how likely it is to be positive by the end of the year.Read NextApr 18, 2026 •By Courtney CarlsenBetter Insurance Stock: Lemonade vs. ProgressiveApr 18, 2026 •By Jennifer SaibilShould You Buy Lemonade Stock Before April 29?Apr 2, 2026 •By Anders BylundLemonade Stock Turned 21% Sweeter Last Month. Here's How.Apr 2, 2026 •By Anthony Di Pizio2 Under-the-Radar Growth Stocks That Just Got Cheaper Thanks to the Market Sell-OffMar 22, 2026 •By Jack DelaneyIs Lemonade a Buy After Morgan Stanley's Upgrade?Mar 20, 2026 •By Eric VolkmanWhy Lemonade Stock Soared by 16% This WeekAbout the AuthorJennifer Saibil has been a contributing Motley Fool stock market analyst covering the consumer goods and financial sectors since 2019. She previously worked in the financial sector and has written for other finance publications. She holds a bachelor’s degree in finance from Yeshiva University and a master’s degree in public administration from New York University’s Wagner School of Public Service.TMFanibirdStocks MentionedLemonadeNYSE: LMND$70.94(+3.59%)+$2.46*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.