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Trupanion, Inc. - (TRUP) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

NASDAQ · DATA UPDATED 2026-09-17

Trupanion, Inc. - (TRUP) operates in the NASDAQ industry and is headquartered in Seattle, United States with about 1,121 employees. Its market capitalization is roughly $1 billion. In the fiscal year ended 2025-12-31, TRUP reported $1.4B in revenue and $19M in net income.

Trupanion, Inc., together with its subsidiaries, provides medical insurance for cats and dogs on subscription basis in the United States, Canada, and Continental Europe. The company operates in two segments, Subscription Business and Other Business. It serves pet owners and veterinarians.

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TRUP Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-31
Total Revenue$1.5B$1.4B$1.3B$1.1B$905M$699M$502M$384M$304M$243M$188M$147M$116M$84M$56M$37M
Gross Profit$342M$410M$179M$131M$122M$104M$82M$65M$51M$43M$33M$25M$20M$16M$11M$8M
Gross Margin %22.5%28.5%13.9%11.8%13.5%14.9%16.3%16.9%16.9%17.7%17.7%17.2%17.2%18.7%20.2%21.7%
Operating Income (EBIT)$24M$22M($10M)($41M)($43M)($35M)($5M)($2M)($1M)($3M)($7M)($17M)($16M)($7M)($6M)($3M)
Operating Margin %1.6%1.5%-0.7%-3.7%-4.8%-5.0%-1.0%-0.5%-0.3%-1.1%-3.6%-11.4%-13.8%-8.3%-10.0%-8.0%
Net Income$24M$19M($10M)($45M)($45M)($36M)($6M)($2M)($1M)($2M)($7M)($17M)($21M)($8M)($6M)($4M)
Net Margin %1.6%1.4%-0.8%-4.0%-4.9%-5.1%-1.2%-0.5%-0.3%-0.6%-3.7%-11.7%-18.3%-9.8%-11.5%-10.6%
EBITDA$52M$52M$21M($20M)($29M)($23M)$3M$5M$5M$3M($3M)($14M)($13M)($7M)($5M)($3M)
Earnings Per Share (EPS)$0.53$0.45$-0.23$-1.08$-1.10$-0.89$-0.16$-0.05$-0.03$-0.05$-0.24$-0.62$-0.76$-6.23$-4.18$-0.21
Shares Outstanding (M)44M44M42M41M41M40M36M35M32M30M29M28M28M1M18M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TRUP Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$393M$384M$377M$367M$354M$342M$337M$327M
Gross Profit$65M$103M$114M$60M$55M$51M$53M$49M
Gross Margin %16.6%26.7%30.3%16.4%15.5%14.9%15.7%15.1%
Operating Income (EBIT)$6M$6M$6M$6M$2M($1M)$0M$2M
Operating Margin %1.6%1.6%1.7%1.6%0.7%-0.4%0.1%0.5%
Net Income$7M$5M$6M$6M$9M($1M)$2M$1M
Net Margin %1.7%1.3%1.5%1.6%2.7%-0.4%0.5%0.4%
EBITDA$13M$12M$14M$13M$18M$6M$9M$10M
Earnings Per Share (EPS)$0.16$0.11$0.13$0.13$0.22$-0.03$0.04$0.03
Shares Outstanding (M)44M44M44M44M43M43M42M43M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TRUP Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-31
Cash from Operations (CFO)$94M$89M$48M$19M($8M)$7M$22M$16M$13M$10M$5M($10M)($11M)($1M)($2M)$0M
Capital Expenditures (CapEx)$12M$14M$10M$18M$17M$12M$7M$5M$60M$3M$2M$5M$6M$1M$2M$1M
Free Cash Flow (FCF)$82M$75M$39M$0M($25M)($5M)$14M$11M($47M)$7M$3M($15M)($16M)($2M)($4M)($1M)
FCF Margin %5.4%5.2%3.0%0.0%-2.8%-0.7%2.8%2.8%-15.5%2.7%1.6%-10.4%-14.2%-3.0%-6.5%-2.0%
Dividends Paid$15M$7M$12M$16M$17M$0M$0M$0M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TRUP Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$21M$15M$29M$29M$15M$16M$24M$15M
Capital Expenditures (CapEx)$2M$1M$4M$5M$3M$2M$2M$2M
Free Cash Flow (FCF)$19M$14M$25M$24M$12M$14M$22M$13M
FCF Margin %4.9%3.6%6.7%6.5%3.4%4.1%6.5%4.1%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TRUP Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-31
Total Assets$931M$915M$807M$783M$672M$563M$498M$257M$208M$106M$82M$71M$98M$52M$28M
Cash & Cash Equivalents$149M$138M$160M$148M$66M$87M$140M$29M$27M$26M$24M$18M$53M$15M$4M
Total Liabilities$521M$531M$484M$479M$366M$230M$158M$120M$78M$57M$38M$26M$39M$85M$55M
Total Debt (Short + Long-Term)$107M$112M$129M$129M$69M$0M$0M$26M$13M$19M$10M$1M$30M$26M$15M
Total Shareholders' Equity$410M$384M$323M$304M$305M$332M$340M$137M$129M$48M$45M$45M$59M($33M)($27M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive TRUP viewer.

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