Trupanion (TRUP) Net Margin (2013 - 2026)

Trupanion (TRUP) has 14 years of Net Margin data on file, last reported at 1.27% in Q1 2026.

• Quarterly Net Margin rose 170.0% year-over-year to 1.27% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.74% (up 206.0% YoY) and the FY2025 annual result came in at 1.35%, up 210.0% from the prior year.
• Net Margin slipped to 1.27% in Q1 2026, from 1.49% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 2.66% in Q2 2025 to a low of 9.67% in Q1 2023.
• A 5-year average of 1.96% and a median of 1.41% in 2023 frame the typical range for Net Margin.
• Annual changes were most pronounced in 2023 — Net Margin tumbled 537 bps — and 2024, when it soared 743 bps.
• Tracing TRUP's Net Margin over 5 years: 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 dropped by 15 bps to 1.27% in 2026.
• The last three Net Margin figures came in at 1.27% (Q1 2026), 1.49% (Q4 2025), and 1.6% (Q3 2025), per Business Quant data.