TRUPNasdaqHospital & Medical Service PlansFiscal year ends December 31
TRUPANION, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$27.50−0.62 (-2.20%)
Close on Oct 19, 2026
- Market cap
- $1.21B
- P/E (TTM)
- 51.9
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
16.1%−0.3 pts over 5 years
Operating margin
1.0%+1.9 pts over 5 years
Net margin
–
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +11.9% | +16.7% | +23.4% | +25.6% | |
| Gross profit | +29.2% | +23.7% | +23.0% | +24.8% | |
| Free cash flow | +95.4% | – | +39.8% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Current ratio | 2.15 | 2.24 | 1.69 | |
| Debt to equity | 0.11 | 0.00 | 0.29 | |
| Net debt to EBITDA | 6.83× | -68.19× | -0.88× | |
| Interest coverage | -30.7× | -3.6× | 1.0× | |
| Capex to revenue | 1.0% | 1.5% | 1.0% | |
| Diluted shares | 29M | 36M | 44M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Trupanion generated $171.87M from operations and spent $77.32M on capital expenditure, dividends and share buybacks. 93% of that went back into the business.
Generated
$171.87M
Used
$77.32M
Capital expenditure$71.57M93%Dividends$00%Share buybacks$5.76M7%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero$89.49M
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income$89.49M vs –
- Less leverageLong-term debt to assets fell15.8% → 11.1%
- Better liquidityCurrent ratio rose1.71 → 1.69
- No dilutionShare count did not rise42M → 44M
- Gross margin improvedGross margin up on the prior year13.91% → 16.05%
- More efficientAsset turnover rose1.64 → 1.78