For the quarter ended March 2025, Trupanion (TRUP) reported revenue of $341.98 million, up 11.7% over the same period last year. EPS came in at -$0.03, compared to -$0.16 in the year-ago quarter.The reported revenue represents a surprise of +1.17% over the Zacks Consensus Estimate of $338.01 million. With the consensus EPS estimate being -$0.04, the EPS surprise was +25.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Trupanion (TRUP) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this provider of medical insurance covering cats and dogs would post earnings of $0.06 per share when it actually produced earnings of $0.04, delivering a surprise of -33.33%.Over the las ...

Enrollment and Subscription Growth - Total pets enrolled at the end of March 31, 2025, is 1,667,637, a decrease from 1,677,570 at the end of December 31, 2024[80] - Total subscription pets enrolled reached 1,052,845 as of March 31, 2025, compared to 1,041,212 at the end of December 31, 2024, indicating growth in the subscription segment[80] - Average monthly retention rate for enrolled subscription pets was 98.28% as of March 31, 2025, slightly up from 98.25% in December 2024, showing strong member satisfaction[80] - Subscription revenue as a percentage of total revenue was 71.8% in Q1 2025, compared to 70.0% in Q4 2024, showing a 1.8 percentage point increase[90] - Total pets enrolled at period end decreased by 2% to 1,667,637, while total subscription pets enrolled increased by 5% to 1,052,845[118] Financial Performance - Total revenue increased by $35.9 million, or 12%, to $341.975 million for the three months ended March 31, 2025[118] - Revenue from the subscription business segment increased by $31.9 million, or 16%, to $233.064 million, driven by an 11% increase in monthly average revenue per pet[118] - Monthly average revenue per pet rose to $77.53, an 11% increase compared to the previous year[118] - Net loss for the period was $1.483 million, compared to a net loss of $6.852 million for the same period last year[114] - Loss before income taxes improved to $1.444 million from a loss of $6.890 million in the prior year[114] Costs and Expenses - Average pet acquisition cost (PAC) rose to $267 in March 2025, compared to $261 in December 2024, indicating higher costs in acquiring new members[80] - New pet acquisition expense for Q1 2025 was $20,516, compared to $18,354 in Q4 2024, indicating an increase of 11.8%[93] - Total cost of revenue increased by $20.978 million, or 7.8%, to $290.872 million[114] - Operating expenses increased by $10.010 million, or 23.7%, to $52.271 million, with significant increases in general and administrative expenses[114] - General and administrative expense for Q1 2025 was $19,892, up from $16,828 in Q4 2024, reflecting an increase of 18.3%[90] Insurance and Risk Management - The subscription business segment generates revenue primarily through insurance premiums, with a focus on achieving a target margin before new pet acquisition expenses[75] - The company plans to assume full insurance risk for certain products currently underwritten by third parties, aiming for increased revenue recognition[75] - The company aims to assume full insurance risk for certain products in Continental Europe, transitioning from third-party underwriting[94] - The other business segment generates revenue primarily from underwriting policies on behalf of third parties, with a different margin profile than the subscription business[95] Cash and Investments - Net cash provided by operating activities was $15.964 million for the three months ended March 31, 2025, compared to $2.434 million for the same period in 2024[130] - As of March 31, 2025, the company had $321.8 million in cash, cash equivalents, and short-term investments[132] - The Credit Facility provides up to $150.0 million of credit, with $135.0 million issued as term loans as of March 31, 2025[137] Accounting and Compliance - Non-GAAP financial measures are used to evaluate operating performance, excluding non-recurring expenses and stock-based compensation to provide clearer insights into core business results[86] - There have been no material changes to critical accounting policies or estimates compared to the previous fiscal year[148] - Management believes there have been no material changes to market risk disclosures during the three months ended March 31, 2025[150]

Trupanion (TRUP) Q1 2025 Earnings Call May 01, 2025 04:30 PM ET Speaker0 Good day, and welcome to the Trupanion First Quarter twenty twenty five Earnings Conference Call. All participants will be in listen only mode. Please note that this event is being recorded. I would now like to turn the conference over to Gil Melchior, Director of Investor Relations. Please go ahead. Speaker1 Good afternoon, and welcome to Tupanion's first quarter twenty twenty five financial results conference call. Participating on t ...

SEATTLE, May 01, 2025 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP), a leading provider of medical insurance for cats and dogs, today announced financial results for the first quarter ended March 31, 2025. “Q1 was a strong start to the year, with performance ahead of plan across key metrics,” said Margi Tooth, Chief Executive Officer and President of Trupanion. “We saw early momentum in both retention and pet acquisition, and with expanded margins in our subscription business, we're well-positioned to ...

SEATTLE, April 30, 2025 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP), a leader in medical insurance for cats and dogs, has published its 2024 annual shareholder letter from CEO and President, Margi Tooth. The letter is now available on the Company’s Investor Relations website here. About Trupanion: Trupanion is a leader in medical insurance for cats and dogs throughout the United States, Canada, certain countries in Continental Europe, and Australia with over 1,000,000 pets currently enrolled. For ove ...

SEATTLE, April 17, 2025 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP), a leader in medical insurance for cats and dogs, announced today it will report financial results for its 2025 first quarter after the market closes on Thursday, May 1, 2025. The company will host a conference call that day beginning shortly after 1:30 p.m. PT / 4:30 p.m. ET. A live webcast discussing results, guidance and management observations will be available on Trupanion's Investor Relations site under Investor Events at http: ...

HIGHLANDS RANCH, Colo., March 28, 2025 (GLOBE NEWSWIRE) -- Destination Pet announced today it has resolved an ongoing legal dispute with Trupanion. The matter of Trupanion, Inc. and Trupanion Managers USA, Inc. v. Destination Pet, Inc., Destination Pet LLC, Roy Stein, William Rebozo, and Robert Christensen, was settled and dismissed. Neither Destination Pet, nor the individuals, acknowledge any liability or wrongdoing. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION For the transition period from ____ to ____ Commission File Number: 001-36537 TRUPANION, INC. (Exact name of registrant as specified in its charter) Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Delaware 83-0480694 (State or other jurisdict ...

SEATTLE, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP), a leader in medical insurance for cats and dogs, announced today that Fawwad Qureshi, Chief Financial Officer, will present at the 46th Annual Raymond James Institutional Investor Conference on Monday, March 3, 2025, at 8:05 a.m. ET and will participate in meetings with investors throughout the day. The presentation will be webcast live and can be accessed on Trupanion’s Investor Relations website at http://investors.trupanion.com. A ...