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Trupanion TRUP Subscription business — Other Cost of Services Sold

Other segment segments

Other Segments
$22.88M+11.4%

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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:OtherCostofServicesSold.

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:
Revenue$276,690$242,156$546,144$475,220
Veterinary invoice expense194,803172,874386,217341,055
Other cost of revenue25,45122,61450,48944,278
Technology and development8,9815,88116,90311,381
General and administrative13,74813,78227,15127,339
New pet acquisition expense22,79019,76845,37340,280
Depreciation and amortization2,5862,7145,1875,297

Item 1. Financial Statements

FAQ

What is Trupanion's subscription business — other cost of services sold?
Trupanion (TRUP) reported subscription business — other cost of services sold of $25.45M in Q2 2026.
How has Trupanion's subscription business — other cost of services sold changed year-over-year?
Trupanion's subscription business — other cost of services sold increased by 12.5% year-over-year, from $22.61M to $25.45M.
What is the long-term trend for Trupanion's subscription business — other cost of services sold?
Over 4 years (2021 to 2025), Trupanion's subscription business — other cost of services sold has grown at a 15.4% compound annual growth rate (CAGR), from $51.22M to $90.73M.
What does subscription business — other cost of services sold mean?
Includes direct operational costs associated with delivering subscription services, excluding primary claims expenses. This captures the variable costs required to maintain service levels and support the subscription infrastructure.

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