Company research
TRUPANION, INC.
CIK 1371285Updated Sep 27, 2026
SecurityTRUP · NASDAQ · equity
Name history
TRUPANION INC. · through May 2, 2018VETINSURANCE INTERNATIONAL INC · through Nov 9, 2011
TRUP price & chart
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NASDAQ:TRUP on TradingView ↗In the news
Trupanion Publishes 2025 Annual Letter to Shareholders ↗
Recent filings
144 filing
4 filing
144 filing
10-Q filing
Results of Operations and Financial Condition · Other Events
Items 2.02, 8.01, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 915,044,000Source | 806,853,000Source | 782,948,000Source | 671,627,000Source |
| Property, Plant and Equipment, NetUSD | 104,844,000Source | 102,191,000Source | 103,650,000Source | 90,701,000Source |
| GoodwillUSD | 39,382,000Source | 36,971,000Source | 43,713,000Source | 41,983,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 24,102,000Source | 13,177,000Source | 18,745,000Source | 24,031,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 138,024,000Source | 160,295,000Source | 147,501,000Source | 65,605,000Source |
| Assets, CurrentUSD | 691,062,000Source | 597,327,000Source | 562,089,000Source | 469,096,000Source |
| Operating Lease, Right-of-Use AssetUSD | 14,688,000Source | — | — | — |
| Other Assets, NoncurrentUSD | 21,237,000Source | 17,579,000Source | 18,922,000Source | 18,943,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 531,108,000Source | 483,585,000Source | 479,226,000Source | 366,330,000Source |
| Stockholders’ equity: | ||||
| Additional Paid in CapitalUSD | 604,828,000Source | 568,302,000Source | 536,108,000Source | 499,694,000Source |
| Retained Earnings (Accumulated Deficit)USD | -206,455,000Source | -225,888,000Source | -216,255,000Source | -171,562,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 2,097,000Source | -2,612,000Source | 403,000Source | -6,301,000Source |
| Stockholders' Equity Attributable to ParentUSD | 383,936,000Source | 323,268,000Source | 303,722,000Source | 305,297,000Source |
| Liabilities and EquityUSD | 915,044,000Source | 806,853,000Source | 782,948,000Source | 671,627,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 409,810,000Source | 349,626,000Source | 344,474,000Source | 289,616,000Source |
| Operating Lease, Liability, CurrentUSD | 767,000Source | — | — | — |
| Accounts Payable, CurrentUSD | 16,445,000Source | 11,532,000Source | 10,505,000Source | 9,471,000Source |
| Operating Lease, Liability, NoncurrentUSD | 13,397,000Source | — | — | — |
| Deferred Income Tax Liabilities, NetUSD | 1,324,000Source | — | — | — |
| Other Liabilities, NoncurrentUSD | 18,004,000Source | 4,476,000Source | 4,487,000Source | 4,968,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 56,509,000Source | 33,469,000Source | 34,052,000Source | 32,616,000Source |
| Deferred Revenue, CurrentUSD | 270,935,000Source | 251,640,000Source | 235,329,000Source | 202,692,000Source |
| Deferred Tax Liabilities, NetUSD | — | 1,813,000Source | 2,603,000Source | 3,330,000Source |
| Long-term DebtUSD | 101,784,000Source | 127,537,000Source | 127,580,000Source | 68,354,000Source |
| Long-term Debt, Current MaturitiesUSD | 10,000,000Source | 1,350,000Source | 1,350,000Source | 1,103,000Source |
| Short-term InvestmentsUSD | 232,706,000Source | 147,089,000Source | 129,667,000Source | 156,804,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 15,836,000Source | 16,466,000Source | 12,474,000Source | 10,921,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 38,312,000Source | 33,432,000Source | 33,161,000Source | 33,393,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 27,211,000Source | 6,717,000Source | 35,440,000Source | 66,982,000Source |
| Increase (Decrease) in Accounts PayableUSD | 26,029,000Source | 2,084,000Source | 1,644,000Source | 3,136,000Source |
| Deferred Income Tax Expense (Benefit)USD | -579,000Source | -735,000Source | -798,000Source | -420,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 89,488,000Source | 48,287,000Source | 18,638,000Source | -8,000,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | 0Source | 0Source | 15,034,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -95,887,000Source | -13,457,000Source | 7,639,000Source | -67,516,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -1,664,000Source | -2,099,000Source | -1,585,000Source | 1,598,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 14,129,000Source | 9,716,000Source | 18,280,000Source | 17,088,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 3,712,000Source | 2,519,000Source | 1,536,000Source | 4,359,000Source |
| Payments for Repurchase of Common StockUSD | — | 0Source | 0Source | 5,755,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -22,862,000Source | -3,957,000Source | 59,126,000Source | 60,743,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -614,000Source | -840,000Source | -378,000Source | 0Source |
| Repayments of Long-term DebtUSD | 134,438,000Source | 1,350,000Source | 1,717,000Source | 571,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -28,072,000Source | 28,996,000Source | 85,827,000Source | -16,232,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 171,458,000Source | 199,530,000Source | 170,464,000Source | 84,637,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 13,085,000Source | 13,191,000Source | 12,100,000Source | 3,353,000Source |
| Income Taxes Paid, NetUSD | 1,045,000Source | — | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,189,000Source | -1,877,000Source | 424,000Source | -1,459,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 4,600,000Source | 5,300,000Source | 5,700,000Source | 4,800,000Source |
| Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously RecordedUSD | — | 1,674,000Source | -1,674,000Source | — |
| DepreciationUSD | 11,200,000Source | 11,200,000Source | 6,700,000Source | 6,100,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 1,600,000Source | — | — | — |
| General and Administrative ExpenseUSD | 76,648,000Source | 63,731,000Source | 60,207,000Source | 39,379,000Source |
| GoodwillUSD | 39,382,000Source | 36,971,000Source | 43,713,000Source | 41,983,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | — | — | 0Source | — |
| Goodwill, Impairment LossUSD | 1,129,000Source | 5,299,000Source | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | -305,000Source | -182,000Source | -219,000Source | -253,000Source |
| Income Tax Expense (Benefit)USD | 2,561,000Source | -5,000Source | -342,000Source | 476,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 19,433,000Source | -9,633,000Source | -44,693,000Source | -44,672,000Source |
| Operating ExpensesUSD | 216,869,000Source | 188,130,000Source | 171,456,000Source | 164,933,000Source |
| Other Nonoperating Income (Expense)USD | 21,916,000Source | 14,374,000Source | 7,701,000Source | 3,072,000Source |
| Other Operating Income (Expense), NetUSD | -2,097,000Source | 1,748,000Source | -1,347,000Source | -1,051,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | 0Source |
| Proceeds from Stock Options ExercisedUSD | 1,694,000Source | 752,000Source | 2,655,000Source | 2,290,000Source |
| Realized Investment Gains (Losses)USD | — | — | — | 0Source |
| Share-based Payment Arrangement, Expensed and Capitalized, AmountUSD | 38,541,000Source | 33,937,000Source | 35,296,000Source | 35,026,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 1,439,305,000Source | 1,285,684,000Source | 1,108,605,000Source | 905,179,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Operating Income (Loss)USD | 13,837,000Source | -9,514,000Source | -40,659,000Source | -43,001,000Source |
| Other Nonoperating Income (Expense)USD | 21,916,000Source | 14,374,000Source | 7,701,000Source | 3,072,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 21,994,000Source | -9,638,000Source | -45,035,000Source | -44,196,000Source |
| Income Tax Expense (Benefit)USD | 2,561,000Source | -5,000Source | -342,000Source | 476,000Source |
| Earnings Per Share, BasicUSD per share | 0.45Source | -0.23Source | -1.08Source | -1.1Source |
| Earnings Per Share, DilutedUSD per share | 0.45Source | -0.23Source | -1.08Source | -1.1Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 42,958,654Source | 42,158,773Source | 41,436,882Source | 40,765,355Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 43,555,884Source | 42,158,773Source | 41,436,882Source | 40,765,355Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 4,600,000Source | 5,300,000Source | 5,700,000Source | 4,800,000Source |
| Current Income Tax Expense (Benefit)USD | 3,140,000Source | 730,000Source | 456,000Source | 896,000Source |
| General and Administrative ExpenseUSD | 76,648,000Source | 63,731,000Source | 60,207,000Source | 39,379,000Source |
| Goodwill, Impairment LossUSD | 1,129,000Source | 5,299,000Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 17,223,000Source | -758,000Source | -41,019,000Source | -43,794,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | -305,000Source | -182,000Source | -219,000Source | -253,000Source |
| Interest ExpenseUSD | 13,759,000Source | 14,498,000Source | 12,077,000Source | 4,267,000Source |
| Interest Income, OtherUSD | 12,300,000Source | 12,400,000Source | 9,000,000Source | 3,000,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 19,433,000Source | -9,633,000Source | -44,693,000Source | -44,672,000Source |
| Operating ExpensesUSD | 216,869,000Source | 188,130,000Source | 171,456,000Source | 164,933,000Source |
| Other Operating Income (Expense), NetUSD | -2,097,000Source | 1,748,000Source | -1,347,000Source | -1,051,000Source |
| Realized Investment Gains (Losses)USD | — | — | — | 0Source |
| Selling and Marketing ExpenseUSD | 85,408,000Source | 71,379,000Source | 77,372,000Source | 89,500,000Source |
| Share-based Payment Arrangement, Expensed and Capitalized, AmountUSD | 38,541,000Source | 33,937,000Source | 35,296,000Source | 35,026,000Source |