TRUPANION, INC.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.1B | $905.2M | $699.0M |
| Operating income | $13.8M | -$9.5M | -$40.7M | -$43.0M | -$35.2M |
| Operating expenses | $216.9M | $188.1M | $171.5M | $164.9M | $139.4M |
| Cash from operations | $89.5M | $48.3M | $18.6M | -$8.0M | $7.5M |
| Capital expenditure | $14.1M | $9.7M | $18.3M | $17.1M | $12.4M |
| Free cash flow | $75.4M | $38.6M | $358,000 | -$25.1M | -$4.9M |
| Share repurchases | — | $0 | $0 | $5.8M | $0 |
| Impairments | $1.1M | $5.2M | $0 | $0 | — |
| Total assets | $915.0M | $806.9M | $782.9M | $671.6M | $562.6M |
| Total liabilities | $531.1M | $483.6M | $479.2M | $366.3M | $230.4M |
Shares outstanding 43.6M · Free float 77.9%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.