Trupanion (TRUP) Operating Expenses (2013 - 2026)

Trupanion has reported Operating Expenses for 14 years, with the latest figure at $56.7 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 8.5% year-over-year to $56.7 million; the trailing twelve-month figure through Mar 2026 stood at $221.3 million (up 11.69% YoY), and the FY2025 full-year result was $216.9 million, up 15.28% from the prior year.
• Operating Expenses for Q1 2026 stood at $56.7 million, down from $57.9 million in the prior quarter.
• The five-year high for Operating Expenses was $57.9 million in Q4 2025, with the low at $38.7 million in Q3 2023.
• Historically, Operating Expenses has averaged $46.9 million across 5 years, with a median of $45.7 million in 2024.
• The largest YoY upside for Operating Expenses was 32.85% in 2024 against a maximum downside of 16.75% in 2024.
• Trupanion's Operating Expenses stood at $42.8 million in 2022, then dropped by 7.49% to $39.6 million in 2023, then soared by 32.85% to $52.6 million in 2024, then advanced by 10.11% to $57.9 million in 2025, then dropped by 2.03% to $56.7 million in 2026.
• The last three Operating Expenses figures came in at $56.7 million (Q1 2026), $57.9 million (Q4 2025), and $54.2 million (Q3 2025), per Business Quant data.