Growth Metrics

Trupanion (TRUP) Gross Margin (2016 - 2026)

Trupanion filings provide 14 years of Gross Margin readings, the most recent being 16.01% for Q1 2026.

  • On a quarterly basis, Gross Margin rose 107.0% to 16.01% in Q1 2026 year-over-year; TTM through Mar 2026 was 92.1%, a 11601.0% increase, with the full-year FY2025 number at 94.07%, up 8016.0% from a year prior.
  • Gross Margin hit 16.01% in Q1 2026 for Trupanion, down from 315.22% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 315.22% in Q4 2025 to a low of 212.43% in Q4 2024.
  • Median Gross Margin over the past 5 years was 15.51% (2025), compared with a mean of 41.32%.
  • Biggest five-year swings in Gross Margin: tumbled -30662bps in 2024 and later skyrocketed 52765bps in 2025.
  • Trupanion's Gross Margin stood at 90.87% in 2022, then increased by 4bps to 94.19% in 2023, then tumbled by -326bps to 212.43% in 2024, then skyrocketed by 248bps to 315.22% in 2025, then plummeted by -95bps to 16.01% in 2026.
  • The last three reported values for Gross Margin were 16.01% (Q1 2026), 315.22% (Q4 2025), and 16.37% (Q3 2025) per Business Quant data.