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

Trupanion (TRUP) has reported Research & Development for 14 consecutive years, with $11.3 million the latest figure, recorded in Q1 2026.

• Research & Development for Q1 2026 came in at $11.3 million, up 39.92% year-over-year; the trailing twelve-month figure through Mar 2026 was $41.1 million (up 26.89% YoY), and the FY2025 annual result was $37.8 million, up 21.09% from the prior year.
• Research & Development was $11.3 million for Q1 2026 at Trupanion, roughly flat from $11.3 million in the prior quarter.
• Over five years, Research & Development peaked at $11.3 million in Q4 2025 and troughed at $4.9 million in Q1 2023.
• Average Research & Development over 5 years is $7.5 million, with a median of $7.0 million recorded in 2024.
• Year-over-year, Research & Development jumped 56.8% in 2022 and declined 19.09% in 2023.
• Over 5 years, Research & Development stood at $7.0 million in 2022, then retreated 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 declined by 0.08% to $11.3 million in 2026.
• Per Business Quant data, the three most recent Research & Development figures were $11.3 million in Q1 2026, $11.3 million in Q4 2025, and $9.9 million in Q3 2025.