Trupanion (TRUP) Cost of Revenue (2013 - 2026)
Trupanion (TRUP) reported Cost of Revenue of $322.6 million for Q1 2026, up 10.89% on a YoY basis from $290.9 million in Q1 2025, and up 139.77% quarter-over-quarter from -$811.1 million in Q4 2025.
Trupanion (TRUP) Cost of Revenue (2013 - 2026) Analysis & Trends
Trupanion has reported Cost of Revenue for 14 years, with the latest figure at $322.6 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 10.89% year-over-year to $322.6 million; the trailing twelve-month figure through Mar 2026 stood at $117.1 million (down 92.85% YoY), and the FY2025 full-year result was $85.4 million, down 92.28% from the prior year.
- Cost of Revenue for Q1 2026 stood at $322.6 million, up from -$811.1 million in the prior quarter.
- The five-year high for Cost of Revenue was $1.1 billion in Q4 2024, with the low at -$811.1 million in Q4 2025.
- Historically, Cost of Revenue has averaged $174.5 million across 5 years, with a median of $241.2 million in 2023.
- Annual changes were most pronounced in 2024 — Cost of Revenue jumped 6031.02% — and 2025, when it plunged 176.96%.
- Trupanion's Cost of Revenue stood at $22.5 million in 2022, then slipped by 23.46% to $17.2 million in 2023, then jumped by 6031.02% to $1.1 billion in 2024, then sank by 176.96% to -$811.1 million in 2025, then soared by 139.77% to $322.6 million in 2026.
- The last three Cost of Revenue figures came in at $322.6 million (Q1 2026), -$811.1 million (Q4 2025), and $306.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 6.13 Bn |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | 13.83 Bn |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 6.38 Bn |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 2.23 Bn |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 970.66 Mn |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 9.00 Mn |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | 1.17 Bn |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 2.18 Bn |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 769.10 Mn |
| 10 | Trupanion | 957.12 Mn | 573.46 Mn | 61.49 Mn | 322.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 322.56 Mn |
| Mar 31, 2026 | 322.56 Mn |
| Dec 31, 2025 | -811.06 Mn |
| Dec 31, 2025 | -811.06 Mn |
| Sep 30, 2025 | 306.87 Mn |
| Sep 30, 2025 | 306.87 Mn |
| Jun 30, 2025 | 298.73 Mn |
| Jun 30, 2025 | 298.73 Mn |
| Mar 31, 2025 | 290.87 Mn |
| Mar 31, 2025 | 290.87 Mn |
| Dec 31, 2024 | 1.05 Bn |
| Dec 31, 2024 | 1.05 Bn |
| Sep 30, 2024 | 18.31 Mn |
| Sep 30, 2024 | 18.31 Mn |
| Jun 30, 2024 | 274.53 Mn |
| Jun 30, 2024 | 274.53 Mn |
| Mar 31, 2024 | 269.89 Mn |
| Mar 31, 2024 | 269.89 Mn |
| Dec 31, 2023 | 17.19 Mn |
| Dec 31, 2023 | 17.19 Mn |