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Trupanion TRUP Other Segments — Technology and Development Expense

Other segment segments

Subscription business
$8.98M+52.7%

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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$1.18B-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:TechnologyandDevelopmentExpense.

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
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
Depreciation and amortization1,0871,2482,1922,456
Other business operating loss(1,955)(2,209)(3,672)(4,444)

Item 1. Financial Statements

FAQ

What is Trupanion's other segments — technology and development expense?
Trupanion (TRUP) reported other segments — technology and development expense of $3.77M in Q2 2026.
How has Trupanion's other segments — technology and development expense changed year-over-year?
Trupanion's other segments — technology and development expense increased by 39.5% year-over-year, from $2.71M to $3.77M.
What is the long-term trend for Trupanion's other segments — technology and development expense?
Over 4 years (2021 to 2025), Trupanion's other segments — technology and development expense has grown at a 24.5% compound annual growth rate (CAGR), from $4.92M to $11.83M.
What does other segments — technology and development expense mean?
Captures expenditures related to the maintenance, enhancement, and innovation of the technology infrastructure supporting the business segment. This includes costs for software engineering, platform development, and technical consulting services. It reflects the company's commitment to digital transformation and long-term competitive positioning.

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