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Trupanion TRUP Goodwill impairment

Goodwill impairment at other companies

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Segments

By segment

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Subscription business$1.13M

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:GoodwillImpairmentLoss.

The source filing: Trupanion’s 10-K, filed February 13, 2026.

Filed
Feb 13, 2026, 4:07 PM EST
Fiscal year
FY2025
Accession
0001371285-26-000018
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Technology and development(1)37,84831,25521,403
General and administrative(1)76,64863,73160,207
New pet acquisition expense(1)85,40871,37977,372
Goodwill impairment charges1,1295,299
Depreciation and amortization15,83616,46612,474
Total operating expenses216,869188,130171,456
Loss from investment in joint venture(305)(182)(219)
Operating income (loss)13,837(9,514)(40,659)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Trupanion's goodwill impairment?
Trupanion (TRUP) reported goodwill impairment of $282.25K in Q4 2025.
How has Trupanion's goodwill impairment changed year-over-year?
Trupanion's goodwill impairment decreased by 78.7% year-over-year, from $1.32M to $282.25K.
What does goodwill impairment mean?
Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.

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