Tiptree (TIPT) Gross Margin (2012 - 2025)
Tiptree's (TIPT) quarterly Gross Margin came in at 64.39% in Q3 2025, down 2857.0% year-on-year from 2.34% in Q3 2024, and down 28.34% quarter-over-quarter from 89.85% in Q2 2025.
Tiptree (TIPT) Gross Margin (2012 - 2025) Analysis & Trends
Tiptree's Gross Margin history runs 14 years deep, the most recent figure standing at 64.39% for Q3 2025.
- On a quarterly basis, Gross Margin fell 2857.0% year-over-year to 64.39% in Q3 2025; TTM through Sep 2025 was 81.17%, a 1011.0% decrease from a year earlier, with the FY2024 full-year figure at 92.89%, up 450.0% from the prior year.
- Gross Margin retreated to 64.39% in Q3 2025 per TIPT's latest filing, from 89.85% in the prior quarter.
- Across five years, Gross Margin topped out at 95.7% in Q4 2022 and bottomed at 741.54% in Q1 2025.
- The 5-year median for Gross Margin is 89.36% (2021), against an average of 44.95%.
- Across the five-year window, Gross Margin surged 1267 bps in 2021 and slumped 82977 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 94.63% in 2021, then climbed by 1 bps to 95.7% in 2022, then fell by 8 bps to 88.04% in 2023, then gained by 6 bps to 93.24% in 2024, then slumped by 31 bps to 64.39% in 2025.
- Per Business Quant, the three latest TIPT Gross Margin figures stand at 64.39% (Q3 2025), 89.85% (Q2 2025), and 741.54% (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | 98.08% |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | 41.42% |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | 83.37% |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | 84.70% |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | 88.81% |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | 81.46% |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | 75.61% |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | 79.27% |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | 86.65% |
| 10 | Tiptree | 659.64 Mn | 851.00 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 64.39% |
| Jun 30, 2025 | 89.85% |
| Mar 31, 2025 | -741.54% |
| Dec 31, 2024 | 93.24% |
| Sep 30, 2024 | 92.96% |
| Jun 30, 2024 | 93.50% |
| Mar 31, 2024 | 88.23% |
| Dec 31, 2023 | 88.04% |
| Sep 30, 2023 | 93.05% |
| Jun 30, 2023 | 87.73% |
| Mar 31, 2023 | 91.40% |
| Dec 31, 2022 | 95.70% |
| Sep 30, 2022 | 91.67% |
| Jun 30, 2022 | 81.70% |
| Mar 31, 2022 | 85.04% |
| Dec 31, 2021 | 94.63% |
| Sep 30, 2021 | 88.00% |
| Jun 30, 2021 | 87.12% |
| Mar 31, 2021 | 89.36% |
| Dec 31, 2020 | 88.96% |