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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Trupanion (TRUP) Gross Margin (2016 - 2025)

Trupanion's Gross Margin history spans 13 years, with the latest figure at 93.87% for Q4 2025.

  • For Q4 2025, Gross Margin fell 69.0% year-over-year to 93.87%; the TTM value through Dec 2025 reached 74.69%, up 20.0%, while the annual FY2025 figure was 94.07%, 38.0% down from the prior year.
  • Gross Margin reached 93.87% in Q4 2025 per TRUP's latest filing, roughly flat from 94.02% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 295.58% in Q4 2022 to a low of 210.08% in Q4 2023.
  • Average Gross Margin over 5 years is 42.65%, with a median of 51.99% recorded in 2021.
  • Peak YoY movement for Gross Margin: soared 47124bps in 2022, then tumbled -50566bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 175.67% in 2021, then soared by 268bps to 295.58% in 2022, then crashed by -171bps to 210.08% in 2023, then skyrocketed by 145bps to 94.56% in 2024, then dropped by -1bps to 93.87% in 2025.
  • Per Business Quant, the three most recent readings for TRUP's Gross Margin are 93.87% (Q4 2025), 94.02% (Q3 2025), and 15.51% (Q2 2025).