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Trupanion TRUP Other Segments — Claims Expense

Other segment segments

Subscription business
$194.8M+12.7%

Similar metrics at other companies

Cigna logo
CIOther — Unpaid claims and claim expenses, current
$165M-2.4%
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GPORReportable Segments — Other segment expenses
$2.3M+2,833%
The Hanover Insurance Group logo
THGAll Other Segments — Liability For Claims And Claims Adjustment Expense
$29.6M-52.9%
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CIOther — Unpaid claims and claim expenses, non-current
$139M-25.3%
California Resources logo
CRCTotal Reportable Segments — Other segment expenses
$89M+45.9%
The Hanover Insurance Group logo
THGAll Other Segments — Liability For Unpaid Claims And Claims Adjustment Expense Net
$12.3M-2.4%

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 trup:ClaimsExpense.

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
Subscription business operating income8,3314,52314,8245,590
Other business:
Revenue116,244111,401230,839220,312
Veterinary invoice expense84,66582,706174,687161,975
Other cost of revenue22,88220,53638,96842,294
Technology and development3,7732,7057,1455,277
General and administrative5,7776,34011,47612,675
New pet acquisition expense15754379

Item 1. Financial Statements

FAQ

What is Trupanion's other segments — claims expense?
Trupanion (TRUP) reported other segments — claims expense of $84.67M in Q2 2026.
How has Trupanion's other segments — claims expense changed year-over-year?
Trupanion's other segments — claims expense increased by 2.4% year-over-year, from $82.71M to $84.67M.
What is the long-term trend for Trupanion's other segments — claims expense?
Over 4 years (2021 to 2025), Trupanion's other segments — claims expense has grown at a 26.2% compound annual growth rate (CAGR), from $129.61M to $328.82M.
What does other segments — claims expense mean?
Represents the total costs incurred by the insurance segment related to the settlement of policyholder claims, including both current and prior period adjustments. This metric is a primary indicator of underwriting performance and the accuracy of initial claim reserve estimates. Monitoring this expense is essential for assessing the profitability and risk profile of the insurance product portfolio.

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