Trupanion annual r&d spending
2012
2013
2014
2022
2023
2024
2025
Trupanion R&D Spending Growth & History (TRUP)
Trupanion's r&d spending was $37.8M for fiscal 2025.
View full Trupanion company overviewTrupanion annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $37.8M | $6.6M | +21.09% |
| 2024 | 2024-12-31 | $31.3M | $9.9M | +46.03% |
| 2023 | 2023-12-31 | $21.4M | −$3.7M | −14.84% |
| 2022 | 2022-12-31 | $25.1M | — | — |
| 2014 | 2014-12-31 | $9.9M | $5.0M | +102.52% |
| 2013 | 2013-12-31 | $4.9M | $1.5M | +43.51% |
| 2012 | 2012-12-31 | $3.4M | — | — |
Trupanion quarterly r&d spending
Q2.13
Q3.13
Q2.14
Q3.14
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $12.8M | $4.2M | +48.54% |
| Q1 2026 | 2026-03-31 | $11.3M | — | — |
| Q4 2025 | 2025-12-31 | $11.3M | — | — |
| Q3 2025 | 2025-09-30 | $9.9M | — | — |
| Q2 2025 | 2025-06-30 | $8.6M | — | — |
| Q3 2014 | 2014-09-30 | $2.5M | $1.4M | +119.03% |
| Q2 2014 | 2014-06-30 | $2.6M | $1.4M | +121.61% |
| Q3 2013 | 2013-09-30 | $1.2M | — | — |
| Q2 2013 | 2013-06-30 | $1.2M | — | — |
Trupanion r&d spending trends
Between the periods ended 2012-12-31 and 2025-12-31, Trupanion's r&d spending increased from $3.4M to $37.8M, a change of $34.4M. The latest reported quarter, Q2 2026, shows $12.8M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Trupanion source filings ↗