Trupanion, Inc. income statement

In fiscal 2025, Trupanion, Inc. reported revenue of $1.44bn, up 11.9% on the year before, operating income of $13.8m (a 1.0% margin) and net income of $19.4m, or $0.45 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Trupanion, Inc.: income statement, annual
Fiscal year	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	56	84	116	147	188	243	304	384	502	699	905	1,109	1,286	1,439	1,521
Cost of revenue	—	—	—	—	—	—	253	319	420	595	783	978	1,107	1,208	1,269
Gross profit	11	16	20	25	33	43	51	65	82	104	122	131	179	231	252
Research and development	3	5	10	—	—	—	—	—	—	—	—	—	—	—	—
Selling and marketing	7	9	12	15	15	19	25	35	48	79	90	77	71	85	90
General and administrative	6	9	14	16	15	17	17	18	22	32	39	60	64	77	75
Operating income	−6	−7	−16	−17	−7	−3	−1	−2	−5	−35	−43	−41	−10	14	24
Interest expense	1	1	7	0	0	1	1	1	1	0	4	12	14	14	11
Income before tax	−6	−8	−21	−17	−7	−2	−1	−2	−6	−35	−44	−45	−10	22	26
Income tax	0	−0	−0	0	0	−0	−0	0	0	0	0	−0	−0	3	3
Net income	−6	−8	−21	−17	−7	−2	−1	−2	−6	−36	−45	−45	−10	19	23
Diluted EPS	−$0.98	−$0.62	−$1.64	−$0.62	−$0.24	−$0.05	−$0.03	−$0.05	−$0.16	−$0.89	−$1.10	−$1.08	−$0.23	$0.45	$0.53
Diluted shares (average)	8m	13m	13m	28m	29m	30m	32m	35m	36m	40m	41m	41m	42m	44m	44m
EBITDA	−5	−6	−14	−14	−3	2	3	4	2	−23	−32	−28	7	30	40

US$ millions unless shown otherwise. Fiscal quarters.

Trupanion, Inc.: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	327	337	342	354	367	377	384	393
Cost of revenue	278	284	291	299	307	312	323	328
Gross profit	49	53	51	55	60	65	61	65
Selling and marketing	18	18	21	20	22	23	23	23
General and administrative	17	17	20	20	18	18	19	20
Operating income	2	0	−1	2	6	7	5	6
Interest expense	4	3	3	4	3	4	2	2
Income before tax	1	2	−1	11	7	6	6	7
Income tax	0	0	0	1	1	1	1	1
Net income	1	2	−1	9	6	6	5	7
Diluted EPS	$0.03	$0.04	−$0.03	$0.22	$0.13	$0.13	$0.11	$0.16
EBITDA	6	4	2	6	10	11	8	10

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Trupanion, Inc.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Trupanion, Inc.