Trupanion Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Premiums Earned	1,439	1,286	1,109	905.18	698.99
Revenue	1,439	1,286	1,109	905.18	698.99
Revenue Growth (YoY)	11.95%	15.97%	22.47%	29.50%	39.23%
Insurance Benefits & Claims	1,208	1,107	977.59	782.99	594.65
Other Operating Expenses	216.87	188.13	171.46	164.93	139.37
Operating Income	14.14	-9.33	-40.44	-42.75	-35.03
Interest Expense	13.76	14.5	12.08	4.27	0.01
Other Non-Operating Income (Expense)	21.61	14.19	7.48	3.33	0.16
Total Non-Operating Income (Expense)	35.37	28.69	19.56	7.59	0.17
Pretax Income	21.99	-9.64	-45.04	-44.2	-35.22
Provision for Income Taxes	2.56	-0.01	-0.34	0.48	0.31
Net Income	19.43	-9.63	-44.69	-44.67	-35.53
Net Income to Common	19.43	-9.63	-44.69	-44.67	-35.53
Shares Outstanding (Basic)	43	42	41	41	40
Shares Outstanding (Diluted)	44	42	41	41	40
Shares Change (YoY)	3.31%	1.74%	1.65%	1.56%	11.93%
EPS (Basic)	0.45	-0.23	-1.08	-1.10	-0.89
EPS (Diluted)	0.45	-0.23	-1.08	-1.10	-0.89
Free Cash Flow	75.36	38.57	0.36	-25.09	-4.9
Free Cash Flow Growth	95.38%	10674.02%	-	-	-
Free Cash Flow Per Share	1.73	0.91	0.01	-0.62	-0.12
Operating Margin	0.98%	-0.73%	-3.65%	-4.72%	-5.01%
Profit Margin	1.35%	-0.75%	-4.03%	-4.94%	-5.08%
FCF Margin	5.24%	3.00%	0.03%	-2.77%	-0.70%
EBITDA	29.98	7.13	-27.97	-31.83	-23.06
EBITDA Margin	2.08%	0.55%	-2.52%	-3.52%	-3.30%
EBIT	14.14	-9.33	-40.44	-42.75	-35.03
EBIT Margin	0.98%	-0.73%	-3.65%	-4.72%	-5.01%
Effective Tax Rate	11.64%	0.05%	0.76%	-1.08%	-0.88%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q