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Segments

By segment

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Subscription business$13.75M-0.2%
Other Segments$5.78M-8.9%

Other financials

Income statement

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Revenue$392.9M+11.1%
Gross profit$65.1M+18.8%
Operating income$6.4M+176%
Net income$6.8M-27.4%
EPS (diluted)$0.16-27.3%

Balance sheet

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Cash & equivalents$178.3M+8.4%
Total debt$106.9M-6.6%
Total equity$409.7M+15.3%
Total assets$930.8M+9.8%

Cash flow

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Operating cash flow$21.0M+39.7%
CapEx$1.8M-38.7%
Free cash flow$19.2M+59.0%

Valuation

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Market cap$1.18B-44.4%
Enterprise value$1.11B-46.4%
P/E51×
P/S0.8×-0.8×

Profitability

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Gross margin16.6%+1.2pp
Operating margin1.6%+1.4pp
Net margin1.5%
FCF margin5.4%+0.9pp

Returns & leverage

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Return on equity6.1%
Debt / equity0.3×-0.1×
Current ratio1.8×+0.1×

Where this comes from

Reported directly by Trupanion in its filing.

Tagged under the XBRL concept us-gaap:GeneralAndAdministrativeExpense.

The source filing: Trupanion’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 5:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001371285-26-000172
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total cost of revenue327,801298,730650,361589,602
Operating expenses:
Technology and development(1)12,7548,58624,04816,658
General and administrative(1)19,52520,12238,62740,014
New pet acquisition expense(1)22,80519,84345,41640,359
Depreciation and amortization3,6733,9627,3797,753
Total operating expenses58,75752,513115,470104,784
Loss from investment in joint venture(305)

Item 1. Financial Statements

FAQ

What is Trupanion's G&A?
Trupanion (TRUP) reported G&A of $19.53M in Q2 2026.
How has Trupanion's G&A changed year-over-year?
Trupanion's G&A decreased by 3.0% year-over-year, from $20.12M to $19.53M.
What is the long-term trend for Trupanion's G&A?
Over 4 years (2021 to 2025), Trupanion's G&A has grown at a 24.5% compound annual growth rate (CAGR), from $31.89M to $76.65M.
What does G&A mean?
Overhead costs not directly tied to production or sales — corporate management, legal, accounting, office rent, insurance, and other administrative functions.

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