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Trupanion TRUP Operating Income

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Other financials

Income statement

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Revenue$392.9M+11.1%
Gross profit$65.1M+18.8%
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$1.24B-40.6%
Enterprise value$1.16B-42.7%
P/E53.2×
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:OperatingIncomeLoss.

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
Depreciation and amortization3,6733,9627,3797,753
Total operating expenses58,75752,513115,470104,784
Loss from investment in joint venture(305)
Operating income6,3762,31411,152841
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

Item 1. Financial Statements

FAQ

What is Trupanion's operating income?
Trupanion (TRUP) reported operating income of $6.38M in Q2 2026.
How has Trupanion's operating income changed year-over-year?
Trupanion's operating income increased by 175.5% year-over-year, from $2.31M to $6.38M.
What is the long-term trend for Trupanion's operating income?
Over 4 years (2021 to 2025), Trupanion's operating income has grown at a -20.8% compound annual growth rate (CAGR), from -$35.2M to $13.84M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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