Trupanion (TRUP) Net Margin (2013 - 2026)
Trupanion (TRUP) posted Net Margin of 1.27% for Q1 2026, down 14.95% quarter-over-quarter from 1.49% in Q4 2025, and up 170.0% year-on-year from 0.47% in Q1 2025.
Trupanion (TRUP) Net Margin (2013 - 2026) Analysis & Trends
Trupanion (TRUP) has reported Net Margin for 14 consecutive years, with 1.27% the latest figure, recorded in Q1 2026.
- Net Margin for Q1 2026 came in at 1.27%, up 170.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.74% (up 206.0% YoY), and the FY2025 annual result was 1.35%, up 210.0% from the prior year.
- Net Margin was 1.27% for Q1 2026 at Trupanion, down from 1.49% in the prior quarter.
- Over five years, Net Margin peaked at 2.66% in Q2 2025 and troughed at 9.67% in Q1 2023.
- Average Net Margin over 5 years is 1.96%, with a median of 1.41% recorded in 2023.
- Year-over-year, Net Margin sank 537 bps in 2023 and surged 743 bps in 2024.
- Over 5 years, Net Margin stood at 3.77% in 2022, then surged by 81 bps to 0.73% in 2023, then soared by 167 bps to 0.49% in 2024, then soared by 204 bps to 1.49% in 2025, then retreated by 15 bps to 1.27% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 1.27% in Q1 2026, 1.49% in Q4 2025, and 1.6% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | -5.76% |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | 12.70% |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 15.89% |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 10.52% |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 14.35% |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 14.33% |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | - |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 41.26% |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 7.02% |
| 10 | Trupanion | 1.14 Bn | 754.01 Mn | 61.49 Mn | 1.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.27% |
| Dec 31, 2025 | 1.49% |
| Sep 30, 2025 | 1.60% |
| Jun 30, 2025 | 2.66% |
| Mar 31, 2025 | -0.43% |
| Dec 31, 2024 | 0.49% |
| Sep 30, 2024 | 0.44% |
| Jun 30, 2024 | -1.86% |
| Mar 31, 2024 | -2.24% |
| Dec 31, 2023 | -0.73% |
| Sep 30, 2023 | -1.41% |
| Jun 30, 2023 | -5.07% |
| Mar 31, 2023 | -9.67% |
| Dec 31, 2022 | -3.77% |
| Sep 30, 2022 | -5.52% |
| Jun 30, 2022 | -6.21% |
| Mar 31, 2022 | -4.30% |
| Dec 31, 2021 | -3.62% |
| Sep 30, 2021 | -3.75% |
| Jun 30, 2021 | -5.48% |