Nicholas Marsh
45 posts



24 hours to go.



Presenting @Lemonade_Inc’s Q4 2025: our strongest quarter ever! Recommended: Play this while reading- open.spotify.com/track/0FYdQA9F… Highlights (Y/Y) 🚀 9th consecutive quarter of accelerating growth 💵 $1.24 billion top line (+31%) 🔥 Revenue: up 53% 🔥 Gross profit: up 73% 🔥 Cash flow: generated $37m (adj. FCF) 🔥 ~3m customers 🔥 Adj. EBITDA loss improved 81%, now just -$5m Car and Autonomous ✅ Lemonade Car grew 53%, now at $187m ✅ Loss ratio: 70% (TTM, down 23 points) ✅ Launched Autonomous Car Insurance for @tesla FSD (Supervised) Europe ✅ Grew 150% ✅ 10th consecutive quarter of triple digit growth ✅ Loss ratio: 64% AI Spotlight ✅ In the last 13 quarters- headcount shrunk 6%, while adding 1.2m customers ✅ 68% reduction in Pet cost-per-claim: from $44 in 2021, to $14 now ✅ Claims LAE at a record 6% (vs. 9% industry avg.) More... ✅ Record breaking LMND gross loss ratio: now at 52% ✅ Growing cash (and investments) in the bank: $1.12B Up next ⬆️ Guiding to 32% IFP growth in 2026 ⬆️ 60%+ revenue growth ⬆️ Q4 2026 first positive adj. EBITDA quarter, 2027 - full positive year ⬆️ Announcing our upcoming investor day @ NYC, Nov ‘26. Full details + financials: lemonade.com/investor







If this happens - A lot of people are going to lose their shit. Literally $NVDA
























