Growth Metrics

Trupanion (TRUP) Operating Expenses (2016 - 2026)

Trupanion filings provide 14 years of Operating Expenses readings, the most recent being $56.7 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 8.5% to $56.7 million in Q1 2026 year-over-year; TTM through Mar 2026 was $221.3 million, a 11.69% increase, with the full-year FY2025 number at $216.9 million, up 15.28% from a year prior.
  • Operating Expenses hit $56.7 million in Q1 2026 for Trupanion, down from $57.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $57.9 million in Q4 2025 to a low of $38.7 million in Q3 2023.
  • Median Operating Expenses over the past 5 years was $45.7 million (2024), compared with a mean of $46.9 million.
  • The widest YoY moves for Operating Expenses: up 32.85% in 2024, down 16.75% in 2024.
  • Trupanion's Operating Expenses stood at $42.8 million in 2022, then fell by 7.49% to $39.6 million in 2023, then surged by 32.85% to $52.6 million in 2024, then grew by 10.11% to $57.9 million in 2025, then fell by 2.03% to $56.7 million in 2026.
  • The last three reported values for Operating Expenses were $56.7 million (Q1 2026), $57.9 million (Q4 2025), and $54.2 million (Q3 2025) per Business Quant data.