Growth Metrics

Trupanion (TRUP) Gross Margin (2016 - 2025)

Trupanion (TRUP) has disclosed Gross Margin for 13 consecutive years, with 170.03% as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Gross Margin fell 8004.0% year-over-year to 170.03%, compared with a TTM value of 94.24% through Sep 2025, up 5452.0%, and an annual FY2024 reading of 94.45%, up 8263.0% over the prior year.
  • Gross Margin was 170.03% for Q3 2025 at Trupanion, up from 15.51% in the prior quarter.
  • Across five years, Gross Margin topped out at 295.58% in Q4 2022 and bottomed at 135.58% in Q4 2023.
  • Average Gross Margin over 5 years is 80.12%, with a median of 88.48% recorded in 2021.
  • The sharpest move saw Gross Margin tumbled -43116bps in 2023, then skyrocketed 23014bps in 2024.
  • Year by year, Gross Margin stood at 281.17% in 2021, then increased by 5bps to 295.58% in 2022, then tumbled by -146bps to 135.58% in 2023, then skyrocketed by 170bps to 94.56% in 2024, then skyrocketed by 80bps to 170.03% in 2025.
  • Business Quant data shows Gross Margin for TRUP at 170.03% in Q3 2025, 15.51% in Q2 2025, and 94.0% in Q1 2025.