Trupanion Operating Expenses Growth & History (TRUP)
Trupanion's operating expenses was $216.9M for fiscal 2025.
View full Trupanion company overviewTrupanion annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $216.9M | $28.7M | +15.28% |
| 2024 | 2024-12-31 | $188.1M | $16.7M | +9.72% |
| 2023 | 2023-12-31 | $171.5M | $6.5M | +3.95% |
| 2022 | 2022-12-31 | $164.9M | $25.6M | +18.34% |
| 2021 | 2021-12-31 | $139.4M | $52.7M | +60.75% |
| 2020 | 2020-12-31 | $86.7M | $20.2M | +30.39% |
| 2019 | 2019-12-31 | $66.5M | $14.1M | +26.87% |
| 2018 | 2018-12-31 | $52.4M | $6.7M | +14.70% |
| 2017 | 2017-12-31 | $45.7M | $5.7M | +14.27% |
| 2016 | 2016-12-31 | $40.0M | −$2.0M | −4.80% |
| 2015 | 2015-12-31 | $42.0M | $6.2M | +17.27% |
| 2014 | 2014-12-31 | $35.8M | $13.2M | +58.27% |
| 2013 | 2013-12-31 | $22.6M | $5.9M | +35.11% |
| 2012 | 2012-12-31 | $16.8M | — | — |
Trupanion quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $58.8M | $6.2M | +11.89% |
| Q1 2026 | 2026-03-31 | $56.7M | $4.4M | +8.50% |
| Q4 2025 | 2025-12-31 | $57.9M | $5.3M | +10.11% |
| Q3 2025 | 2025-09-30 | $54.2M | $6.6M | +13.86% |
| Q2 2025 | 2025-06-30 | $52.5M | $6.8M | +14.93% |
| Q1 2025 | 2025-03-31 | $52.3M | $10.0M | +23.69% |
| Q4 2024 | 2024-12-31 | $52.6M | $13.0M | +32.85% |
| Q3 2024 | 2024-09-30 | $47.6M | $8.9M | +22.91% |
| Q2 2024 | 2024-06-30 | $45.7M | $3.3M | +7.79% |
| Q1 2024 | 2024-03-31 | $42.3M | −$8.5M | −16.75% |
| Q4 2023 | 2023-12-31 | $39.6M | −$3.2M | −7.49% |
| Q3 2023 | 2023-09-30 | $38.7M | −$3.2M | −7.57% |
| Q2 2023 | 2023-06-30 | $42.4M | $1.1M | +2.61% |
| Q1 2023 | 2023-03-31 | $50.8M | $11.8M | +30.36% |
| Q4 2022 | 2022-12-31 | $42.8M | $6.5M | +17.93% |
| Q3 2022 | 2022-09-30 | $41.9M | $6.6M | +18.74% |
| Q2 2022 | 2022-06-30 | $41.3M | $7.3M | +21.28% |
| Q1 2022 | 2022-03-31 | $38.9M | $5.2M | +15.40% |
| Q4 2021 | 2021-12-31 | $36.3M | $9.6M | +35.76% |
| Q3 2021 | 2021-09-30 | $35.3M | $12.4M | +54.45% |
| Q2 2021 | 2021-06-30 | $34.1M | $15.7M | +85.82% |
| Q1 2021 | 2021-03-31 | $33.7M | $14.9M | +79.46% |
| Q4 2020 | 2020-12-31 | $26.7M | $9.6M | +56.25% |
| Q3 2020 | 2020-09-30 | $22.8M | $6.3M | +38.11% |
| Q2 2020 | 2020-06-30 | $18.3M | $1.8M | +10.73% |
| Q1 2020 | 2020-03-31 | $18.8M | $2.5M | +15.25% |
| Q4 2019 | 2019-12-31 | $17.1M | $2.7M | +18.73% |
| Q3 2019 | 2019-09-30 | $16.5M | $3.7M | +28.86% |
| Q2 2019 | 2019-06-30 | $16.6M | $3.9M | +31.28% |
| Q1 2019 | 2019-03-31 | $16.3M | $3.8M | +29.90% |
| Q4 2018 | 2018-12-31 | $14.4M | $1.5M | +11.66% |
| Q3 2018 | 2018-09-30 | $12.8M | $1.5M | +13.11% |
| Q2 2018 | 2018-06-30 | $12.6M | $1.7M | +15.28% |
| Q1 2018 | 2018-03-31 | $12.6M | $2.1M | +19.57% |
| Q4 2017 | 2017-12-31 | $12.9M | $2.0M | +18.64% |
| Q3 2017 | 2017-09-30 | $11.3M | $1.3M | +13.03% |
| Q2 2017 | 2017-06-30 | $10.9M | $1.7M | +18.61% |
| Q1 2017 | 2017-03-31 | $10.5M | $655,000 | +6.65% |
| Q4 2016 | 2016-12-31 | $10.9M | $622,000 | +6.07% |
| Q3 2016 | 2016-09-30 | $10.0M | −$1.2M | −10.34% |
| Q2 2016 | 2016-06-30 | $9.2M | −$1.2M | −11.39% |
| Q1 2016 | 2016-03-31 | $9.8M | −$297,000 | −2.93% |
| Q4 2015 | 2015-12-31 | $10.3M | $569,000 | +5.88% |
| Q3 2015 | 2015-09-30 | $11.2M | $1.3M | +13.69% |
| Q2 2015 | 2015-06-30 | $10.4M | $1.8M | +20.25% |
| Q1 2015 | 2015-03-31 | $10.1M | $2.5M | +32.94% |
| Q4 2014 | 2014-12-31 | $9.7M | — | — |
| Q3 2014 | 2014-09-30 | $9.9M | $4.6M | +89.37% |
| Q2 2014 | 2014-06-30 | $8.7M | $3.2M | +59.04% |
| Q1 2014 | 2014-03-31 | $7.6M | — | — |
| Q3 2013 | 2013-09-30 | $5.2M | — | — |
| Q2 2013 | 2013-06-30 | $5.4M | — | — |
Trupanion operating expenses trends
Over the last five fiscal years, Trupanion's operating expenses increased from $86.7M to $216.9M, a change of $130.2M. The latest reported quarter, Q2 2026, shows $58.8M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Trupanion source filings ↗