Tiptree (TIPT) Cost of Revenue (2012 - 2025)
Tiptree (TIPT) posted quarterly Cost of Revenue of $192.4 million for Q3 2025, up 9.36% year-over-year from $175.9 million in Q3 2024, and up 4068.15% quarter-over-quarter from $4.6 million in Q2 2025.
Tiptree (TIPT) Cost of Revenue (2012 - 2025) Analysis & Trends
Tiptree's Cost of Revenue history runs 14 years deep, the most recent figure standing at $192.4 million for Q3 2025.
- In Q3 2025, Cost of Revenue rose 9.36% year-over-year to $192.4 million; the TTM figure through Sep 2025 stood at -$211.0 million (down 173.17% YoY), while the FY2024 annual figure was $145.3 million, up 10.95% from the prior year.
- Cost of Revenue for Q3 2025 stood at $192.4 million, up from $4.6 million in the prior quarter.
- The five-year high for Cost of Revenue was $192.4 million in Q3 2025, with the low at -$411.3 million in Q4 2024.
- The 5-year median for Cost of Revenue is $33.1 million (2023), against an average of $23.5 million.
- Peak annual rise in Cost of Revenue reached 507.98% in 2024, while the deepest fall reached 1240.62% in 2024.
- Tiptree's Cost of Revenue stood at $37.7 million in 2021, then fell by 16.18% to $31.6 million in 2022, then gained by 14.11% to $36.1 million in 2023, then slumped by 1240.62% to -$411.3 million in 2024, then jumped by 146.78% to $192.4 million in 2025.
- Business Quant data shows TIPT's Cost of Revenue at $192.4 million in Q3 2025, $4.6 million in Q2 2025, and $3.3 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.65 Bn | 8.08 Bn | 3.59 Bn | 460.00 Mn |
| 2 | First American Financial | 7.36 Bn | 4.25 Bn | 1.77 Bn | 352.10 Mn |
| 3 | Axis Capital Holdings | 7.25 Bn | 6.47 Bn | 819.78 Mn | 933.13 Mn |
| 4 | Enact Holdings | 6.85 Bn | 6.36 Bn | 284.04 Mn | 33.26 Mn |
| 5 | Mgic Investment | 6.47 Bn | 6.25 Bn | 284.40 Mn | 10.99 Mn |
| 6 | Essent | 6.18 Bn | 6.18 Bn | 313.73 Mn | 48.96 Mn |
| 7 | Ryan Specialty Holdings | 5.43 Bn | 5.29 Bn | - | - |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn | 194.95 Mn |
| 9 | NMI Holdings | 3.42 Bn | 3.35 Bn | 157.40 Mn | 30.49 Mn |
| 10 | Tiptree | 683.12 Mn | 630.63 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 192.40 Mn |
| Sep 30, 2025 | 192.40 Mn |
| Jun 30, 2025 | 4.62 Mn |
| Jun 30, 2025 | 4.62 Mn |
| Mar 31, 2025 | 3.28 Mn |
| Mar 31, 2025 | 3.28 Mn |
| Dec 31, 2024 | -411.32 Mn |
| Dec 31, 2024 | -411.32 Mn |
| Sep 30, 2024 | 175.93 Mn |
| Sep 30, 2024 | 175.93 Mn |
| Jun 30, 2024 | 35.55 Mn |
| Jun 30, 2024 | 35.55 Mn |
| Mar 31, 2024 | 40.87 Mn |
| Mar 31, 2024 | 40.87 Mn |
| Dec 31, 2023 | 36.06 Mn |
| Dec 31, 2023 | 36.06 Mn |
| Sep 30, 2023 | 28.94 Mn |
| Sep 30, 2023 | 28.94 Mn |
| Jun 30, 2023 | 33.11 Mn |
| Jun 30, 2023 | 33.11 Mn |