Trupanion (TRUP) Research & Development (2013 - 2026)

Trupanion has reported Research & Development for 14 years, with the latest figure at $11.3 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 39.92% year-over-year to $11.3 million; the trailing twelve-month figure through Mar 2026 stood at $41.1 million (up 26.89% YoY), and the FY2025 full-year result was $37.8 million, up 21.09% from the prior year.
• Research & Development for Q1 2026 stood at $11.3 million, roughly flat from $11.3 million in the prior quarter.
• The five-year high for Research & Development was $11.3 million in Q4 2025, with the low at $4.9 million in Q1 2023.
• Historically, Research & Development has averaged $7.5 million across 5 years, with a median of $7.0 million in 2024.
• Annual changes were most pronounced in 2022 — Research & Development surged 56.8% — and 2023, when it slipped 19.09%.
• Trupanion's Research & Development stood at $7.0 million in 2022, then dropped by 14.18% to $6.0 million in 2023, then soared by 36.91% to $8.2 million in 2024, then soared by 38.31% to $11.3 million in 2025, then decreased by 0.08% to $11.3 million in 2026.
• The last three Research & Development figures came in at $11.3 million (Q1 2026), $11.3 million (Q4 2025), and $9.9 million (Q3 2025), per Business Quant data.