Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $188M | $243M | $304M | $384M | $502M | $699M | $905M | $1.11B | $1.29B | $1.44B |
| Revenue growth | — | 28.9% | 25.3% | 26.3% | 30.8% | 39.2% | 29.5% | 22.5% | 16.0% | 11.9% |
| Gross profit | $33.3M | $43.0M | $51.4M | $64.9M | — | — | — | — | — | — |
| Gross margin | 17.7% | 17.7% | 16.9% | 16.9% | — | — | — | — | — | — |
| Operating income | -$6.70M | -$2.64M | -$1.04M | -$1.92M | -$4.93M | -$35.2M | -$43.0M | -$40.7M | -$9.51M | $13.8M |
| Operating margin | -3.6% | -1.1% | -0.3% | -0.5% | -1.0% | -5.0% | -4.8% | -3.7% | -0.7% | 1.0% |
| EPS (diluted) | -$0.24 | -$0.05 | -$0.03 | -$0.05 | -$0.16 | -$0.89 | -$1.10 | -$1.08 | -$0.23 | $0.45 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $5.01M | $9.67M | $12.7M | $16.2M | $21.5M | $7.46M | -$8.00M | $18.6M | $48.3M | $89.5M |
| Capital expenditures | $1.94M | $3.13M | $56.9M | $5.37M | $7.45M | $12.4M | $17.1M | $18.3M | $9.72M | $14.1M |
| Free cash flow | $3.06M | $6.54M | -$44.3M | $10.8M | $14.1M | -$4.90M | -$25.1M | $358K | $38.6M | $75.4M |
| Share buybacks | — | — | — | — | — | $0.00 | $5.75M | $0.00 | $0.00 | — |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $23.6M | $25.7M | $26.6M | $29.2M | $140M | $87.4M | $65.6M | $148M | $160M | $138M |
| Total assets | $82.3M | $106M | $208M | $257M | $498M | $563M | $672M | $783M | $807M | $915M |
| Total liabilities | $37.6M | $57.4M | $78.3M | $120M | $158M | $230M | $366M | $479M | $484M | $531M |
| Long-term debt | $4.77M | $9.32M | $12.9M | $26.1M | $0.00 | $0.00 | $68.4M | $128M | $128M | $102M |
| Shareholders' equity | $44.7M | $48.4M | $129M | $137M | $340M | $332M | $305M | $304M | $323M | $384M |
| Retained earnings | -$81.3M | -$82.8M | -$83.7M | -$85.5M | -$91.4M | -$127M | -$172M | -$216M | -$226M | -$206M |
| Shares (wtd avg diluted) | 29.5M | 30.1M | 34.0M | 34.9M | 35.9M | 40.1M | 40.8M | 41.4M | 42.2M | 43.6M |
Every figure is extracted from TRUPANION, INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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