Trupanion Gross Margin Growth & History (TRUP)

Trupanion's gross margin was 16.91% for fiscal 2019.

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Trupanion annual gross margin history

Trupanion annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20192019-12-3116.91%+0.01 pp
20182018-12-3116.90%−0.84 pp
20172017-12-3117.74%+0.06 pp
20162016-12-3117.68%+0.52 pp
20152015-12-3117.17%+0.02 pp
20142014-12-3117.15%−1.52 pp
20132013-12-3118.66%−1.53 pp
20122012-12-3120.19%

Trupanion gross margin trends

Over the last five reported fiscal years, Trupanion's gross margin decreased from 17.15% to 16.91%, a change of −0.24 percentage points. The latest reported quarter, Q3 2020, shows 15.82%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Trupanion filings at SEC.gov ↗