Growth Metrics

Trupanion (TRUP) Operating Margin (2016 - 2025)

Trupanion (TRUP) has disclosed Operating Margin for 13 consecutive years, with 1.6% as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Operating Margin rose 106.0% year-over-year to 1.6%, compared with a TTM value of 1.3% through Dec 2025, up 204.0%, and an annual FY2024 reading of 0.74%, up 293.0% over the prior year.
  • Operating Margin was 1.6% for Q3 2025 at Trupanion, up from 0.65% in the prior quarter.
  • Across five years, Operating Margin topped out at 262.51% in Q4 2021 and bottomed at 9.55% in Q1 2023.
  • Average Operating Margin over 5 years is 10.99%, with a median of 2.0% recorded in 2024.
  • The sharpest move saw Operating Margin soared 26473bps in 2021, then crashed -26625bps in 2022.
  • Year by year, Operating Margin stood at 262.51% in 2021, then plummeted by -101bps to 3.75% in 2022, then skyrocketed by 104bps to 0.14% in 2023, then fell by -25bps to 0.1% in 2024, then skyrocketed by 1448bps to 1.6% in 2025.
  • Business Quant data shows Operating Margin for TRUP at 1.6% in Q3 2025, 0.65% in Q2 2025, and 0.43% in Q1 2025.