TRUPANION, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.4B | $1.3B | $1.1B | $905.2M | $699.0M |
| Operating expenses | $216.9M | $188.1M | $171.5M | $164.9M | $139.4M |
| Operating income | $13.8M | -$9.5M | -$40.7M | -$43.0M | -$35.2M |
| Interest expense | $13.8M | $14.5M | $12.1M | $4.3M | $10,000 |
| Pretax income | $22.0M | -$9.6M | -$45.0M | -$44.2M | -$35.2M |
| Income tax expense | $2.6M | -$5,000 | -$342,000 | $476,000 | $310,000 |
| Net income | $19.4M | -$9.6M | -$44.7M | -$44.7M | -$35.5M |
| Balance Sheet | |||||
| Cash and equivalents | $138.0M | $160.3M | $147.5M | $65.6M | $87.4M |
| Current assets | $691.1M | $597.3M | $562.1M | $469.1M | $391.0M |
| Total assets | $915.0M | $806.9M | $782.9M | $671.6M | $562.6M |
| Current liabilities | $409.8M | $349.6M | $344.5M | $289.6M | $223.7M |
| Total liabilities | $531.1M | $483.6M | $479.2M | $366.3M | $230.4M |
| Stockholders' equity | $383.9M | $323.3M | $303.7M | $305.3M | $332.2M |
| Cash Flow Statement | |||||
| Cash from operations | $89.5M | $48.3M | $18.6M | -$8.0M | $7.5M |
| Depreciation and amortization | $15.8M | $16.5M | $12.5M | $10.9M | $12.0M |
| Stock-based compensation | $38.3M | $33.4M | $33.2M | $33.4M | $28.2M |
| Capital expenditure | $14.1M | $9.7M | $18.3M | $17.1M | $12.4M |
| Free cash flow | $75.4M | $38.6M | $358,000 | -$25.1M | -$4.9M |
| Share repurchases | — | $0 | $0 | $5.8M | $0 |
| Impairments | $1.1M | $5.2M | $0 | $0 | — |
Shares outstanding 43.6M · Free float 77.9%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.