Trupanion TRUP
NASDAQ TRUP
$28.26 +0.38 (+1.36%)
At close: Sep 2, 2026 · 4:00 PM EDT

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

Trupanion's (TRUP) quarterly Research & Development came in at $22.6 million in Q1 2026, up 180.12% YoY from $8.1 million in Q1 2025, and up 100.04% on a QoQ basis from $11.3 million in Q4 2025.

Analysis

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

Trupanion (TRUP) has 14 years of Research & Development data on file, last reported at $22.6 million in Q1 2026.

  • Quarterly Research & Development rose 180.12% year-over-year to $22.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $64.4 million (up 432.22% YoY) and the FY2025 annual result came in at $37.8 million, up 21.09% from the prior year.
  • Research & Development grew to $22.6 million in Q1 2026, from $11.3 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $23.0 million in Q2 2022 to a low of -$41.9 million in Q4 2022.
  • A 5-year average of $8.2 million and a median of $8.6 million in 2025 frame the typical range for Research & Development.
  • The widest YoY moves for Research & Development: up 410.91% in 2022, down 998.39% in 2022.
  • Tracing TRUP's Research & Development over 5 years: stood at -$41.9 million in 2022, then jumped by 114.24% to $6.0 million in 2023, then slumped by 464.72% to -$21.8 million in 2024, then jumped by 151.92% to $11.3 million in 2025, then jumped by 100.04% to $22.6 million in 2026.
  • The last three Research & Development figures came in at $22.6 million (Q1 2026), $11.3 million (Q4 2025), and $21.9 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Chubb 131.15 Bn 117.38 Bn 9.13 Bn -
2 Progressive 128.80 Bn 123.80 Bn 9.04 Bn -
3 Travelers Companies 76.99 Bn 53.24 Bn 6.23 Bn -
4 Allstate 66.35 Bn 27.62 Bn 16.28 Bn -
5 Fairfax Financial Holdings 35.82 Bn 35.82 Bn - -
6 Cincinnati Financial 26.40 Bn 24.51 Bn 2.39 Bn -
7 Markel 22.75 Bn 5.86 Bn 2.83 Bn -
8 Loews 22.37 Bn 67.62 Mn 2.57 Bn -
9 Assurant 14.04 Bn 12.01 Bn 2.71 Bn -
10 Trupanion 1.24 Bn 843.89 Mn 65.13 Mn 22.81 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 22.81 Mn
Mar 31, 2026 22.61 Mn
Dec 31, 2025 23.10 Mn
Sep 30, 2025 21.95 Mn
Jun 30, 2025 19.84 Mn
Mar 31, 2025 20.52 Mn
Dec 31, 2024 18.35 Mn
Sep 30, 2024 18.31 Mn
Jun 30, 2024 17.87 Mn
Mar 31, 2024 16.84 Mn
Dec 31, 2023 17.19 Mn
Sep 30, 2023 17.77 Mn
Jun 30, 2023 20.77 Mn
Mar 31, 2023 21.64 Mn
Dec 31, 2022 22.46 Mn
Sep 30, 2022 22.43 Mn
Jun 30, 2022 22.98 Mn
Mar 31, 2022 21.63 Mn
Dec 31, 2021 19.85 Mn
Sep 30, 2021 19.71 Mn