Tiptree (TIPT) Operating Expenses (2011 - 2025)
Tiptree (TIPT) posted Operating Expenses of $502.0 million for Q3 2025, up 4096.84% on a QoQ basis from $12.0 million in Q2 2025, and up 9.71% year-over-year from $457.6 million in Q3 2024.
Analysis
Tiptree (TIPT) Operating Expenses (2011 - 2025) Analysis & Trends
Tiptree has reported Operating Expenses for 15 years, with the latest figure at $502.0 million in Q3 2025.
- On a quarterly basis, Operating Expenses rose 9.71% year-over-year to $502.0 million in Q3 2025; TTM through Sep 2025 was $988.4 million, a 46.53% decrease from a year earlier, with the FY2024 full-year figure at $1.9 billion, up 20.92% from the prior year.
- Operating Expenses was $502.0 million for Q3 2025 at Tiptree, up from $12.0 million in the prior quarter.
- The five-year high for Operating Expenses was $506.0 million in Q2 2024, with the low at $12.0 million in Q2 2025.
- Average Operating Expenses over 5 years is $340.3 million, with a median of $344.5 million recorded in 2022.
- The sharpest annual moves came in 2021 and 2025: Operating Expenses soared 47.98% in 2021, then slumped 97.64% in 2025.
- Over 5 years, Operating Expenses stood at $308.6 million in 2021, then increased by 11.62% to $344.5 million in 2022, then advanced by 20.85% to $416.3 million in 2023, then advanced by 10.83% to $461.4 million in 2024, then climbed by 8.8% to $502.0 million in 2025.
- The last three Operating Expenses figures came in at $502.0 million (Q3 2025), $12.0 million (Q2 2025), and $13.0 million (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 131.04 Bn | 117.27 Bn | 9.13 Bn | 12.19 Bn |
| 2 | Progressive | 125.75 Bn | 120.75 Bn | 9.04 Bn | 19.40 Bn |
| 3 | Travelers Companies | 77.29 Bn | 53.53 Bn | 6.23 Bn | 9.39 Bn |
| 4 | Allstate | 64.50 Bn | 25.77 Bn | 16.28 Bn | 14.45 Bn |
| 5 | Aflac | 57.61 Bn | -45.39 Bn | 2.27 Bn | 3.12 Bn |
| 6 | American International | 39.64 Bn | 1.82 Bn | 3.50 Bn | 5.82 Bn |
| 7 | Hartford Insurance | 37.29 Bn | 20.98 Bn | 3.18 Bn | 6.03 Bn |
| 8 | Cincinnati Financial | 26.08 Bn | 24.19 Bn | 2.39 Bn | 2.70 Bn |
| 9 | Loews | 22.35 Bn | 47.07 Mn | 2.57 Bn | 4.12 Bn |
| 10 | Tiptree | 668.09 Mn | 615.61 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 502.03 Mn |
| Jun 30, 2025 | 11.96 Mn |
| Mar 31, 2025 | 12.97 Mn |
| Dec 31, 2024 | 461.41 Mn |
| Sep 30, 2024 | 457.58 Mn |
| Jun 30, 2024 | 506.03 Mn |
| Mar 31, 2024 | 468.52 Mn |
| Dec 31, 2023 | 416.31 Mn |
| Sep 30, 2023 | 395.37 Mn |
| Jun 30, 2023 | 380.84 Mn |
| Mar 31, 2023 | 373.45 Mn |
| Dec 31, 2022 | 344.50 Mn |
| Sep 30, 2022 | 338.35 Mn |
| Jun 30, 2022 | 335.04 Mn |
| Mar 31, 2022 | 325.86 Mn |
| Dec 31, 2021 | 308.64 Mn |
| Sep 30, 2021 | 283.02 Mn |
| Jun 30, 2021 | 288.21 Mn |
| Mar 31, 2021 | 255.30 Mn |
| Dec 31, 2020 | 232.83 Mn |