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LMND's Q2 2025 financial report greatly exceeded expectations, with a pre-market increase of up to 📈 11%

1️⃣ Total premiums reached $1.083 billion, accelerating growth for the seventh consecutive quarter, a year-on-year increase of 29%

2️⃣ Loss ratio decreased by 12%

3️⃣ Gross margin increased to 39%, with gross profit growth of 109% and revenue growth of 35%

4️⃣ Auto loss ratio decreased by 13%

5️⃣ Growth engines in auto and Europe accelerated, and the company is expected to achieve profitability this year

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