Hospital & Medical Service Plans · SIC 6324

TRUPANION, INC.

TRUP

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Latest revenue

$384.0M

as of 2026-03-31

Latest net income

as of 2026-03-31

Net margin

as of 2026-03-31

Price · 5Y

-24.7% / yr 38.4 pts / yr vs S&P 500 75.6% total
Compare:

Live market

delayed ≤15 min
$21.98
0.59%
Market cap
$958.8M
Enterprise value
$958.8M
P/E (trailing)
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$57.88
52-wk low
$21.16
Beta
Shares out
43.6M

5-year trend

What this company does

AI

PART I Item 1. Business Our Mission Our mission is to help loving, responsible pet parents budget and care for their pets. Company Overview We provide medical insurance for cats and dogs in the United States, Canada, and certain countries in Continental Europe. Through our data-driven, vertically-integrated approach, we develop and offer high-value medical insurance products, priced to take into account each pet’s unique characteristics and coverage level. Our growing and loyal membership base provides us with highly predictable and recurring revenue. We operate in two reporting segments: subscription business and other business. We generate revenue in our subscription business segment…

AI summary unavailable — showing raw filing excerpt

Generated from TRUP's filing dated 2026-02-13

Key risks

AI

Item 1A. Risk Factors Investing in our common stock involves a high degree of risk. You should carefully consider the risks and uncertainties described below, together with all of the other information in this report, including our consolidated financial statements and related notes, as well as in our other filings with the SEC, in evaluating our business and before investing in our common stock. The risks and uncertainties described below are not the only ones we face. Additional risks and uncertainties that are not expressly stated, that we are unaware of, or that we currently believe are not material, may also become important factors that affect us. If any of the following risks occur,…

AI summary unavailable — showing raw filing excerpt

Generated from TRUP's filing dated 2026-02-13

Profitability

Operating margin

1.0%

229.9%

Leverage

Debt / equity

1.38×

16.5%

Long-term debt / equity

0.27×

36.9%

Debt / assets

58.0%

6.9%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$384.0M+12.3%

Q4 2025

2025-12-31

$376.9M+11.7%

Q3 2025

2025-09-30

$366.9M+12.1%

Q2 2025

2025-06-30

$353.6M+12.3%

Q1 2025

2025-03-31

$342.0M+11.7%

Q4 2024

2024-12-31

$337.3M

Q3 2024

2024-09-30

$327.5M+14.6%

Q2 2024

2024-06-30

$314.8M+16.3%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Hospital & Medical Service Plans · SIC 6324

No data yet for industry average

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Insider activity

Insider buying

$0

Insider selling

$5.8M

Net activity

−$5.8M

Distinct insiders

7

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-04-28

John R Gallagher

Chief Operating Officer

Sale431$27.47$11.8K
2026-03-30

John R Gallagher

Chief Operating Officer

Sale430$25.47$11.0K
2026-03-04

Emily Dreyer

Chief Revenue Officer

Sale7,792$28.15$219.3K
2026-02-27

Fawwad Qureshi

Chief Financial Officer

Sale2,837$26.46$75.1K
2026-02-27

John R Gallagher

Chief Operating Officer

Sale5,283$26.52$140.1K
2026-02-25

Fawwad Qureshi

Chief Financial Officer

Sale4,645$25.61$119.0K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns TRUP

Institutional value

$554.5M

Total shares held

21.8M

Distinct holders

114

-98 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BlackRock, Inc.5.4M$139.4M+60.7K (+1.1%)Added
2Capital World Investors3.8M$96.8M-341.6K (-8.3%)Trimmed
3Aflac Inc3.6M$93.1M+0 (+0.0%)No change
4VANGUARD PORTFOLIO MANAGEMENT LLC1.8M$45.1MNew
5VANGUARD CAPITAL MANAGEMENT LLC1.5M$37.2MNew
6GREENLEA LANE CAPITAL MANAGEMENT, LLC776.5K$19.9M+0 (+0.0%)No change
7DIMENSIONAL FUND ADVISORS LP702.1K$18.0M+95.1K (+15.7%)Added
8Clearbridge Investments, LLC441.5K$11.3M-6.4K (-1.4%)Trimmed
9Kopion Asset Management, LLC399.7K$10.2M+106.0K (+36.1%)Added
10Hosking Partners LLP303.0K$7.8M-162.9K (-35.0%)Trimmed
11VANGUARD FIDUCIARY TRUST CO239.4K$6.1MNew
12Bank of New York Mellon Corp188.7K$4.8M-7.4K (-3.8%)Trimmed
13PRINCIPAL FINANCIAL GROUP INC165.8K$4.2M-102.4K (-38.2%)Trimmed
14CITIGROUP INC163.7K$4.2M+32.5K (+24.8%)Added
15Public Sector Pension Investment Board163.7K$4.2M-6.4K (-3.8%)Trimmed
16BNP PARIBAS FINANCIAL MARKETS150.9K$3.9M-17.1K (-10.2%)Trimmed
17Invesco Ltd.138.0K$3.5M+25.9K (+23.1%)Added
18UBS Group AG124.4K$3.2M+18.4K (+17.4%)Added
19JANE STREET GROUP, LLC108.5K$2.8M+71.2K (+191.0%)Added
20Nuveen, LLC107.3K$2.7M+5.7K (+5.6%)Added

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once TRUP's latest filing finishes processing.