Tiptree (TIPT) Gross Margin (2012 - 2025)

Tiptree (TIPT) recorded quarterly Gross Margin of 88.57% in Q3 2025, down 1.42% quarter-over-quarter from 89.85% in Q2 2025, and down 439.0% on a YoY basis from 26.13% in Q3 2024.

Tiptree (TIPT) Gross Margin (2012 - 2025) Analysis & Trends

Tiptree's Gross Margin history runs 14 years deep, the most recent figure standing at 88.57% for Q3 2025.

  • In Q3 2025, Gross Margin fell 439.0% year-over-year to 88.57%; the TTM figure through Sep 2025 stood at 83.88% (down 741.0% YoY), while the FY2024 annual figure was 90.13%, up 174.0% from the prior year.
  • Gross Margin was 88.57% for Q3 2025 at Tiptree, down from 89.85% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 150.57% in Q4 2024 to a low of 741.54% in Q1 2025.
  • Historically, Gross Margin has averaged 50.53% across 5 years, with a median of 89.85% in 2025.
  • The sharpest annual moves came in 2024 and 2025: Gross Margin surged 6253 bps in 2024, then slumped 83334 bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 119.29% in 2021, then decreased by 20 bps to 95.7% in 2022, then fell by 8 bps to 88.04% in 2023, then surged by 71 bps to 150.57% in 2024, then plunged by 41 bps to 88.57% in 2025.
  • The last three Gross Margin figures came in at 88.57% (Q3 2025), 89.85% (Q2 2025), and 741.54% (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Fidelity National Financial 12.87 Bn 10.21 Bn 2.62 Bn 81.15%
2 Axis Capital Holdings 7.52 Bn 6.65 Bn - -
3 First American Financial 6.80 Bn 3.91 Bn 1.24 Bn 67.24%
4 Enact Holdings 6.01 Bn 5.46 Bn 205.74 Mn 84.70%
5 Mgic Investment 5.57 Bn 5.32 Bn 202.12 Mn 85.88%
6 Essent 5.47 Bn 5.47 Bn - -
7 Radian 4.74 Bn 4.66 Bn 368.17 Mn 78.95%
8 Ryan Specialty Holdings 4.62 Bn 5.05 Bn - -
9 Assured Guaranty 3.42 Bn -495.48 Mn 216.00 Mn 82.76%
10 Tiptree 670.63 Mn 861.99 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 88.57%
Jun 30, 2025 89.85%
Mar 31, 2025 -741.54%
Dec 31, 2024 150.57%
Sep 30, 2024 92.96%
Jun 30, 2024 91.08%
Mar 31, 2024 91.80%
Dec 31, 2023 88.04%
Sep 30, 2023 93.05%
Jun 30, 2023 91.82%
Mar 31, 2023 91.40%
Dec 31, 2022 95.70%
Sep 30, 2022 87.27%
Jun 30, 2022 88.37%
Mar 31, 2022 85.04%
Dec 31, 2021 119.29%
Sep 30, 2021 80.36%
Jun 30, 2021 87.12%
Mar 31, 2021 89.36%
Dec 31, 2020 88.96%