Trupanion, Inc. (TRUP) — Financial statements
Income statement, balance sheet, and cash flow for Trupanion, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,439↑11.9% | 1,286↑16.0% | 1,109↑22.5% | 905↑29.5% | 699 | |
| Cost of Revenue | 1,029↓7.0% | 1,107↑13.2% | 978↑24.9% | 783↑31.7% | 595 | |
| Gross Profit | 410↑129.5% | 179↑36.5% | 131↑7.2% | 122↑17.1% | 104 | |
| Operating Expenses | ||||||
| R&D Expenses | 38↑21.1% | 31↑46.0% | 21↓14.8% | 25↑49.0% | 17 | |
| General & Administrative Expenses | 77↑20.3% | 64↑5.9% | 60↑52.9% | 39↑23.5% | 32 | |
| Selling & Marketing Expenses | 85 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 162↑154.3% | 64↑5.9% | 60↑52.9% | 39↑23.5% | 32 | |
| Other Expenses | 188↑101.9% | 93↑3.6% | 90↓10.5% | 101↑10.9% | 91 | |
| Operating Expenses | 388↑106.2% | 188↑9.7% | 172↑3.9% | 165↑18.4% | 140 | |
| Total Costs & Expenses | 1,417↑9.4% | 1,295↑12.7% | 1,149↑21.2% | 948↑29.1% | 734 | |
| Operating Results | ||||||
| Operating Income | 22↑331.2% | -10↑76.6% | -41↑5.4% | -43↓22.2% | -35 | |
| Depreciation & Amortization | 16↓3.8% | 16↑32.0% | 12↑14.2% | 11↓8.7% | 12 | |
| EBITDA | 52↑141.9% | 21↑204.1% | -20↑29.4% | -29↓24.8% | -23 | |
| EBIT | 36↑635.7% | 5↑114.7% | -33↑17.5% | -40↓13.4% | -35 | |
| Interest & Other Income | ||||||
| Net Interest Income | -14↓555.8% | -2↑31.8% | -3↓142.9% | -1↓12570.0% | -0.01 | |
| Interest Income | 0.00↓100.0% | 12↑37.8% | 9↑200.0% | 3 | 0.00 | |
| Interest Expense | 14↓5.1% | 14↑20.0% | 12↑183.0% | 4↑42570.0% | 0.01 | |
| Non-Operating Income | -14↑4.3% | -14↓86.7% | -8↓150.7% | -3↓22042.9% | 0.01 | |
| Other Income / Expenses | 0.00↑100.0% | -0.12↑97.2% | -4↓266.2% | -1↓4879.2% | -0.02 | |
| Income Before Tax | 22↑328.2% | -10↑78.6% | -45↓1.9% | -44↓25.5% | -35 | |
| Income Tax Expense | 3↑51320.0% | -0.01↑98.5% | -0.34↓171.8% | 0.48↑53.5% | 0.31 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 19↑301.7% | -10↑78.4% | -45↓0.0% | -45↓25.7% | -36 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 19↑301.7% | -10↑78.4% | -45↓0.0% | -45↓25.7% | -36 | |
| Bottom-Line Net Income | 19↑301.7% | -10↑78.4% | -45↓0.0% | -45↓25.7% | -36 | |
| EPS (Basic) | 0.45↑295.7% | -0.23↑78.7% | -1.08↑1.8% | -1.10↓23.6% | -0.89 | |
| EPS (Diluted) | 0.45↑295.7% | -0.23↑78.7% | -1.08↑1.8% | -1.10↓23.6% | -0.89 | |
| Weighted Average Shares | 43↑1.9% | 42↑1.7% | 41↑1.6% | 41↑1.6% | 40 | |
| Weighted Average Diluted Shares | 44↑3.3% | 42↑1.7% | 41↑1.6% | 41↑1.6% | 40 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.