Trupanion, Inc. (TRUP) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	1.5B	1.4B	1.3B	1.1B	905.2M
Cost of Revenue	1.2B	1.0B	1.1B	977.6M	783.0M
Gross Profit	341.8M	410.3M	178.8M	131.0M	122.2M
Operating Expenses
R&D Expense	32.5M	37.8M	31.3M	21.4M	25.1M
SG&A Expense	98.4M	162.1M	63.7M	60.2M	39.4M
General & Admin Expense	75.3M	76.6M	63.7M	60.2M	39.4M
Selling & Marketing Expense	23.1M	85.4M	—	—	—
Other Expenses	186.5M	188.4M	93.3M	90.1M	100.7M
Total Operating Expenses	317.4M	388.3M	188.3M	171.7M	165.2M
Cost and Expenses	1.5B	1.4B	1.3B	1.1B	948.2M
Operating Income (EBIT)	24.5M	22.0M	(9.5M)	(40.7M)	(43.0M)
Non-Operating
Interest Income	—	—	12.4M	9.0M	3.0M
Interest Expense	10.6M	13.8M	14.5M	12.1M	4.3M
Net Interest Income	(10.6M)	(13.8M)	(2.1M)	(3.1M)	(1.3M)
Other Non-Op Income/Expense	1.7M	—	(124.0K)	(4.4M)	(1.2M)
Non-Operating Income (excl Interest)	(12.3M)	(13.8M)	(14.4M)	(7.7M)	(3.1M)
EBT (Pre-Tax Income)	26.2M	22.0M	(9.6M)	(45.0M)	(44.2M)
Income Tax Expense	3.0M	2.6M	(5.0K)	(342.0K)	476.0K
Bottom Line
Net Income	23.2M	19.4M	(9.6M)	(44.7M)	(44.7M)
Earnings from Cont. Ops	23.2M	19.4M	(9.6M)	(44.7M)	(44.7M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	23.2M	19.4M	(9.6M)	(44.7M)	(44.7M)
Per Share
Basic EPS	$0.53	$0.45	($0.23)	($1.08)	($1.10)
Diluted EPS	$0.53	$0.45	($0.23)	($1.08)	($1.10)
Revenue Per Share	$34.78	$33.50	$30.50	$26.75	$22.20
Shares
Basic Shares Outstanding	43.7M	43.0M	42.2M	41.4M	40.8M
Diluted Shares Outstanding	43.8M	43.6M	42.2M	41.4M	40.8M
Profitability Metrics
EBITDA	52.3M	51.6M	21.3M	(20.5M)	(29.0M)
D&A	15.5M	15.8M	16.5M	12.5M	10.9M
EBIT	36.8M	35.8M	4.9M	(33.0M)	(39.9M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026