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Trupanion TRUP Income Tax

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Segments

By geography

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United Kingdom$405K
Canada$250K
Oregon$149K
British Columbia, Canada$95K
Ontario, Canada$94K
State and Local Tax Jurisdiction, Other$47K

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:IncomeTaxExpenseBenefit.

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
Interest expense1,8323,6823,7076,893
Other (income), net(2,829)(11,914)(5,884)(15,154)
Income before income taxes7,37310,54613,3299,102
Income tax expense5421,1331,6181,172
Net income$6,831$9,413$11,711$7,930
Net income per share:
Basic$0.16$0.22$0.27$0.19
Diluted$0.16$0.22$0.27$0.18

Item 1. Financial Statements

FAQ

What is Trupanion's income tax?
Trupanion (TRUP) reported income tax of $542K in Q2 2026.
How has Trupanion's income tax changed year-over-year?
Trupanion's income tax decreased by 52.2% year-over-year, from $1.13M to $542K.
What is the long-term trend for Trupanion's income tax?
Over 2 years (2021 to 2025), Trupanion's income tax has grown at a 187.4% compound annual growth rate (CAGR), from $310K to $2.56M.
What does income tax mean?
Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

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