Growth Metrics

Trupanion (TRUP) Net Margin (2016 - 2025)

Trupanion's Net Margin history spans 13 years, with the latest figure at 1.49% for Q4 2025.

  • For Q4 2025, Net Margin rose 100.0% year-over-year to 1.49%; the TTM value through Dec 2025 reached 1.35%, up 210.0%, while the annual FY2025 figure was 1.35%, 210.0% up from the prior year.
  • Net Margin reached 1.49% in Q4 2025 per TRUP's latest filing, down from 1.6% 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.
  • Average Net Margin over 5 years is 2.77%, with a median of 2.93% recorded in 2021.
  • Peak YoY movement for Net Margin: crashed -703bps in 2021, then skyrocketed 743bps in 2024.
  • A 5-year view of Net Margin shows it stood at 3.62% in 2021, then fell by -4bps to 3.77% in 2022, then skyrocketed by 81bps to 0.73% in 2023, then surged by 167bps to 0.49% in 2024, then surged by 204bps to 1.49% in 2025.
  • Per Business Quant, the three most recent readings for TRUP's Net Margin are 1.49% (Q4 2025), 1.6% (Q3 2025), and 2.66% (Q2 2025).