TRUP
$28.76+4.58%
Trupanion Inc.Stock · FinancialsRussell 2000 · 0.03% of IWMRussell 3000 · 0.001% of IWVUS Stock Market · 0.001% of VTI
TRUP financial statements
The full income statement, balance sheet, and cash-flow statement for Trupanion Inc. (TRUP), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 42.2M2024-09 42.3M2024-12 42.5M2025-03 42.8M2025-06 43.0M2025-09 43.2M2025-12 43.4M2026-03 43.6M2026-06 43.9M+4.1% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 1.44B+11.9% | 1.29B+16.0% | 1.11B+22.5% | 905M+29.5% | 699M+39.2% | |
| Cost of revenue | 1.21B+9.2% | 1.11B+13.2% | 978M+24.9% | 783M+31.7% | 595M+41.5% | |
| 217M+15.3% | 188M+9.7% | 171M+4.0% | 165M+18.3% | 139M+60.7% | ||
| Selling, general & administrative | 76.6M+20.3% | 63.7M+5.9% | 60.2M+52.9% | 39.4M+23.5% | 31.9M+46.0% | |
| General & administrative | 76.6M+20.3% | 63.7M+5.9% | 60.2M+52.9% | 39.4M+23.5% | 31.9M+46.0% | |
| Selling & marketing | 85.4M+19.7% | 71.4M-7.7% | 77.4M-13.6% | 89.5M+13.8% | 78.6M+64.4% | |
| Amortization of intangibles | 4.60M-13.2% | 5.30M-7.0% | 5.70M+18.8% | 4.80M-2.0% | 4.90M+157.9% | |
| Operating income | 13.8M+245.4% | -9.51M+76.6% | -40.7M+5.4% | -43.0M-22.2% | -35.2M-614.3% | |
| Interest expense | 13.8M-5.1% | 14.5M+20.0% | 12.1M+183.0% | 4.27M+42570.0% | 10.0K-99.3% | |
| Other non-operating income | 21.9M+52.5% | 14.4M+86.7% | 7.70M+150.7% | 3.07M+22042.9% | -14.0K-102.4% | |
| Equity-method income | -305K-67.6% | -182K+16.9% | -219K+13.4% | -253K-48.0% | -171K-35.7% | |
| Pre-tax income | 22.0M+328.2% | -9.64M+78.6% | -45.0M-1.9% | -44.2M-25.5% | -35.2M-515.0% | |
| Income tax | 2.56M+51320.0% | -5.00K+98.5% | -342K-171.8% | 476K+53.5% | 310K+174.3% | |
| 19.4M+301.7% | -9.63M+78.4% | -44.7M-0.0% | -44.7M-25.7% | -35.5M-508.4% | ||
| Net income to common | 19.4M+301.7% | -9.63M+78.4% | -44.7M-0.0% | -44.7M-25.7% | -35.5M-508.4% | |
| $0.45+295.7% | -$0.23+78.7% | -$1.08+1.8% | -$1.10-23.6% | -$0.89-456.3% | ||
| EPS (basic) | $0.45+295.7% | -$0.23+78.7% | -$1.08+1.8% | -$1.10-23.6% | -$0.89-456.3% | |
| Weighted-avg shares (basic) | 43.0M+1.9% | 42.2M+1.7% | 41.4M+1.6% | 40.8M+1.6% | 40.1M+11.9% | |
| Weighted-avg shares (diluted) | 43.6M+3.3% | 42.2M+1.7% | 41.4M+1.6% | 40.8M+1.6% | 40.1M+11.9% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 691M+15.7% | 597M+6.3% | 562M+19.8% | 469M+20.0% | 391M+16.0% | ||
| Cash & equivalents | 138M-13.9% | 160M+8.7% | 148M+124.8% | 65.6M-24.9% | 87.4M-37.5% | |
| Short-term investments | 233M+58.2% | 147M+13.4% | 130M-17.3% | 157M+24.4% | 126M+40.2% | |
| 915M+13.4% | 807M+3.1% | 783M+16.6% | 672M+19.4% | 563M+12.9% | ||
| Property, plant & equipment | 105M+2.6% | 102M-1.4% | 104M+14.3% | 90.7M+16.4% | 78.0M+7.4% | |
| Operating lease right-of-use | 14.7M+3957.5% | 362K | — | — | 800K-11.1% | |
| Goodwill | 39.4M+6.5% | 37.0M-15.4% | 43.7M+4.1% | 42.0M+28.4% | 32.7M-1.0% | |
| Intangible assets | 24.1M+82.9% | 13.2M-29.7% | 18.7M-22.0% | 24.0M+6.0% | 22.7M-16.5% | |
| Long-term investments | 983K+163.5% | 373K-97.1% | 12.9M+64.1% | 7.84M+11.0% | 7.06M+26.9% | |
| Other non-current assets | 21.2M+20.8% | 17.6M-7.1% | 18.9M-0.1% | 18.9M+6.6% | 17.8M+7.4% | |
| 410M+17.2% | 350M+1.5% | 344M+18.9% | 290M+29.5% | 224M+48.7% | ||
| Accounts payable | 16.4M+42.6% | 11.5M+9.8% | 10.5M+10.9% | 9.47M+5.8% | 8.95M+47.7% | |
| Accrued liabilities | 56.5M+68.8% | 33.5M-1.7% | 34.1M+4.4% | 32.6M+15.8% | 28.2M+23.2% | |
| Deferred revenue | 271M+7.7% | 252M+6.9% | 235M+16.1% | 203M+38.0% | 147M+58.7% | |
| Short-term & current debt | 10.0M+640.7% | 1.35M+0.0% | 1.35M+22.4% | 1.10M | 0.00 | |
| Current lease liability | 767K | 0.00 | — | — | — | |
| 531M+9.8% | 484M+0.9% | 479M+30.8% | 366M+59.0% | 230M+45.5% | ||
| Long-term debt | 102M-20.2% | 128M-0.0% | 128M+86.6% | 68.4M | 0.00 | |
| Non-current lease liability | 13.4M+3600.8% | 362K | — | — | — | |
| Operating lease liability (total) | 14.2M+3812.7% | 362K | — | — | — | |
| Deferred tax liabilities | 1.51M-16.7% | 1.81M-32.5% | 2.69M-20.8% | 3.39M+20.0% | 2.83M-39.9% | |
| Other non-current liabilities | 18.0M+302.2% | 4.48M-0.2% | 4.49M-9.7% | 4.97M+28.7% | 3.86M+20.3% | |
| 384M+18.8% | 323M+6.4% | 304M-0.5% | 305M-8.1% | 332M-2.3% | ||
| Additional paid-in capital | 605M+6.4% | 568M+6.0% | 536M+7.3% | 500M+7.0% | 467M+6.3% | |
| Retained earnings | -206M+8.6% | -226M-4.5% | -216M-26.1% | -172M-35.2% | -127M-38.9% | |
| Treasury stock | 16.5M+0.0% | 16.5M+0.0% | 16.5M+0.0% | 16.5M+53.4% | 10.8M+0.0% | |
| Accumulated other comprehensive income | 2.10M+180.3% | -2.61M-748.1% | 403K+106.4% | -6.30M-304.8% | 3.08M+0.2% | |
| Total liabilities & equity | 915M+13.4% | 807M+3.1% | 783M+16.6% | 672M+19.4% | 563M+12.9% | |
| Common shares issued | 44.4M+2.1% | 43.5M+1.5% | 42.9M+2.0% | 42.0M+1.5% | 41.4M+2.5% | |
| Common shares outstanding | 43.4M+2.2% | 42.5M+1.5% | 41.9M+2.1% | 41.0M+1.3% | 40.5M+2.6% | |
| Shares outstanding (cover) | 43.4M+2.2% | 42.5M+1.6% | 41.8M+1.9% | 41.0M+1.3% | 40.5M+2.6% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 89.5M+85.3% | 48.3M+159.1% | 18.6M+333.0% | -8.00M-207.3% | 7.46M-65.4% | ||
| Depreciation & amortization | 15.8M-3.8% | 16.5M+32.0% | 12.5M+14.2% | 10.9M-8.7% | 12.0M+69.2% | |
| Intangible amortization | 4.60M-13.2% | 5.30M-7.0% | 5.70M+18.8% | 4.80M-2.0% | 4.90M+157.9% | |
| Share-based compensation | 38.3M+14.6% | 33.4M+0.8% | 33.2M-0.7% | 33.4M+18.3% | 28.2M+216.7% | |
| Deferred income taxes | -579K+21.2% | -735K+7.9% | -798K-90.0% | -420K+76.8% | -1.81M-1295.4% | |
| Change in receivables | 27.2M+305.1% | 6.72M-81.0% | 35.4M-47.1% | 67.0M+1.2% | 66.2M+52.9% | |
| Change in payables | 26.0M+1149.0% | 2.08M+26.8% | 1.64M-47.6% | 3.14M-64.3% | 8.80M-11.6% | |
| -95.9M-612.5% | -13.5M-276.2% | 7.64M+111.3% | -67.5M-30.1% | -51.9M+32.4% | ||
| Capital expenditure | 14.1M+45.4% | 9.72M-46.8% | 18.3M+7.0% | 17.1M+38.3% | 12.4M+65.8% | |
| Free cash flow | 75.4M+95.4% | 38.6M+10674.0% | 358K+101.4% | -25.1M-412.3% | -4.90M-134.7% | |
| Acquisitions | 0.00 | 0.00 | 0.00-100.0% | 15.0M | 0.00-100.0% | |
| Other investing activities | -1.66M+20.7% | -2.10M-32.4% | -1.58M-199.2% | 1.60M-8.9% | 1.75M+3178.9% | |
| -22.9M-477.8% | -3.96M-106.7% | 59.1M-2.7% | 60.7M+5499.4% | -1.13M-100.7% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 134M+9858.4% | 1.35M-21.4% | 1.72M+200.7% | 571K | 0.00-100.0% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Common stock repurchased | 0.00 | 0.00 | 0.00-100.0% | 5.75M | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | -614K+26.9% | -840K-122.2% | -378K | 0.00 | 0.00+100.0% | |
| FX effect on cash | 1.19M+163.3% | -1.88M-542.7% | 424K+129.1% | -1.46M-679.0% | 252K+1675.0% | |
| Net change in cash | -28.1M-196.8% | 29.0M-66.2% | 85.8M+628.8% | -16.2M+64.2% | -45.3M-139.2% | |
| Interest paid | 13.1M-0.8% | 13.2M+9.0% | 12.1M+260.9% | 3.35M+20856.3% | 16.0K-98.8% | |
| Income taxes paid | 1.04M+109.0% | 500K-16.7% | 600K-76.0% | 2.50M+785.8% | 282K+809.7% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 1.62B-20.8% | 2.05B+61.6% | 1.27B-34.8% | 1.94B-63.7% | 5.35B+13.2% | |
| P/E | 83.5× | — | — | — | — | |
| P/S | 1.1×-29.2% | 1.6×+33.1% | 1.2×-47.4% | 2.3×-70.2% | 7.7×-18.7% | |
| P/B | 4.2×-33.3% | 6.3×+44.7% | 4.4×-31.1% | 6.4×-60.5% | 16.1×+15.8% | |
| P/FCF | 21.5×-59.4% | 53.1× | — | — | — | |
| Earnings yield | 1.2% | — | — | — | — | |
| FCF yield | 4.6%+146.5% | 1.9% | — | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: TRUP’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TRUP filings on SEC EDGAR → Not investment advice.