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Trupanion TRUP Reserve for insurance claims

Reserve for insurance claims at other companies

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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$1.27B-40.1%
Enterprise value$1.2B-42.1%
P/E54.9×
P/S0.8×-0.7×

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:LiabilityForClaimsAndClaimsAdjustmentExpense.

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
AssetsJune 30, 2026 / (unaudited)December 31, 2025
Current liabilities:
Accounts payable$11,965$16,445
Accrued liabilities and other current liabilities44,63856,509
Reserve for veterinary invoices51,72255,921
Deferred revenue287,156270,935
Long-term debt - current portion10,00010,000
Total current liabilities405,481409,810
Long-term debt96,909101,784

Item 1. Financial Statements

FAQ

What is Trupanion's reserve for insurance claims?
Trupanion (TRUP) reported reserve for insurance claims of $51.72M in Q2 2026.
How has Trupanion's reserve for insurance claims changed year-over-year?
Trupanion's reserve for insurance claims decreased by 1.5% year-over-year, from $52.52M to $51.72M.
What is the long-term trend for Trupanion's reserve for insurance claims?
Over 5 years (2020 to 2025), Trupanion's reserve for insurance claims has grown at a 98.3% compound annual growth rate (CAGR), from $1.82M to $55.92M.
What does reserve for insurance claims mean?
This represents the estimated liability for insurance claims that have been reported but not yet settled, as well as claims incurred but not yet reported. It is a critical measure of an insurance company's actuarial soundness and ability to meet future policyholder obligations. Significant fluctuations in this reserve can indicate changes in claim frequency or severity trends.

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