TRUP
Trupanion Inc
NASDAQ: TRUP · FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY
$25.08
+0.48% today
Updated 2026-04-29
Market cap
$1.09B
P/E ratio
55.73
P/S ratio
0.76x
EPS (TTM)
$0.45
Dividend yield
—
52W range
$24 – $58
Volume
0.4M
Trupanion Inc (TRUP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $37.05M | $55.53M | $83.83M | $115.91M | $146.96M | $188.23M | $242.67M | $303.96M | $383.94M | $502.03M | $698.99M | $905.18M | $1.11B | $1.29B | $1.44B |
| Revenue growth (YoY) | — | +49.9% | +51.0% | +38.3% | +26.8% | +28.1% | +28.9% | +25.3% | +26.3% | +30.8% | +39.2% | +29.5% | +22.5% | +16.0% | +11.9% |
| Cost of revenue | $29.00M | $44.32M | $68.19M | $96.04M | $121.73M | $154.94M | $199.62M | $252.59M | $319.01M | $420.13M | $594.64M | $782.99M | $977.59M | $1.11B | $1.03B |
| Gross profit | $8.04M | $11.21M | $15.64M | $19.87M | $25.23M | $33.29M | $43.05M | $51.37M | $64.92M | $81.90M | $104.35M | $122.19M | $131.02M | $178.80M | $410.33M |
| Gross margin | 21.7% | 20.2% | 18.7% | 17.1% | 17.2% | 17.7% | 17.7% | 16.9% | 16.9% | 16.3% | 14.9% | 13.5% | 11.8% | 13.9% | 28.5% |
| R&D | $1.50M | $3.41M | $4.89M | $9.90M | $11.21M | $9.53M | $9.77M | $5.80M | $7.03M | $9.95M | $16.87M | $25.13M | $21.40M | $31.25M | $37.85M |
| SG&A | $4.29M | $6.20M | $8.65M | $14.31M | $15.56M | $15.21M | $16.82M | $17.10M | $18.38M | $21.85M | $31.89M | $39.38M | $60.21M | $63.73M | $76.65M |
| Operating income | $-2.95M | $-5.54M | $-6.99M | $-15.95M | $-16.77M | $-6.70M | $-2.64M | $-1.04M | $-1.92M | $-4.93M | $-35.20M | $-43.00M | $-40.66M | $-9.51M | $21.99M |
| Operating margin | -8.0% | -10.0% | -8.3% | -13.8% | -11.4% | -3.6% | -1.1% | -0.3% | -0.5% | -1.0% | -5.0% | -4.8% | -3.7% | -0.7% | 1.5% |
| EBITDA | $-2.94M | $-5.44M | $-6.77M | $-12.78M | $-14.22M | $-2.79M | $2.83M | $4.78M | $5.34M | $2.73M | $-23.25M | $-29.01M | $-20.48M | $21.33M | $51.59M |
| EBITDA margin | -7.9% | -9.8% | -8.1% | -11.0% | -9.7% | -1.5% | 1.2% | 1.6% | 1.4% | 0.5% | -3.3% | -3.2% | -1.8% | 1.7% | 3.6% |
| EBIT | $-3.14M | $-5.79M | $-7.66M | $-14.46M | $-16.77M | $-6.64M | $-1.40M | $264000.00 | $-291000.00 | $-4.35M | $-35.21M | $-39.93M | $-32.96M | $4.86M | $35.75M |
| Interest expense | $690000.00 | $535000.00 | $609000.00 | $6.73M | $325000.00 | $218000.00 | $533000.00 | $1.20M | $1.35M | $1.38M | $10000.00 | $4.27M | $12.08M | $14.50M | $13.76M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-3.92M | $-6.41M | $-8.18M | $-21.18M | $-17.20M | $-6.90M | $-1.50M | $-927000.00 | $-1.81M | $-5.84M | $-35.53M | $-44.67M | $-44.69M | $-9.63M | $19.43M |
| Net income growth (YoY) | — | -63.6% | -27.5% | -159.0% | +18.8% | +59.9% | +78.2% | +38.3% | -95.1% | -222.8% | -508.4% | -25.7% | -0.0% | +78.4% | +301.7% |
| Profit margin | -10.6% | -11.5% | -9.8% | -18.3% | -11.7% | -3.7% | -0.6% | -0.3% | -0.5% | -1.2% | -5.1% | -4.9% | -4.0% | -0.7% | 1.4% |