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Trupanion, Inc.. (TRUP) Stock Fundamental Analysis & AI Rating 2026

TRUP Nasdaq Hospital & Medical Service Plans DE CIK: 0001371285
Recently Updated • Analysis: Apr 17, 2026 • SEC Data: 2025-12-31
HOLD
58% Conf
Pending
Analysis scheduled

📊 TRUP Key Takeaways

Revenue: $1.4B
Net Margin: 1.4%
Free Cash Flow: $75.4M
Current Ratio: 1.69x
Debt/Equity: 0.27x
EPS: $0.45
AI Rating: HOLD with 58% confidence
Trupanion, Inc.. (TRUP) receives a HOLD rating with 58% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.4B, net profit margin of 1.4%, and return on equity (ROE) of 5.1%, Trupanion, Inc.. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete TRUP stock analysis for 2026.

Is Trupanion, Inc.. (TRUP) a Good Investment?

Claude

Trupanion demonstrates solid revenue growth and strong free cash flow generation ($75.4M), but razor-thin operating margins (1.0%) and critically tight interest coverage (1.0x) create significant operational vulnerability. The 301.7% net income surge requires scrutiny for sustainability.

Why Buy Trupanion, Inc.. Stock? TRUP Key Strengths

Claude
  • + Strong free cash flow generation of $75.4M with healthy 5.2% FCF margin demonstrating quality earnings
  • + Solid top-line growth of 11.9% YoY with capital-light business model requiring only $14.1M annual CapEx
  • + Conservative balance sheet with manageable debt-to-equity ratio of 0.27x and adequate liquidity (1.69x current ratio)

TRUP Stock Risks: Trupanion, Inc.. Investment Risks

Claude
  • ! Interest coverage ratio of 1.0x provides zero margin of safety; any operational decline risks debt covenant violations
  • ! Extremely thin operating margin (1.0%) and gross margin (4.1%) indicate weak pricing power and operational efficiency
  • ! Abnormal 301.7% net income growth requires investigation; likely driven by one-time items rather than sustainable operational improvements

Key Metrics to Watch

Claude
  • * Interest coverage ratio trend and debt refinancing timeline
  • * Operating margin sustainability and quarterly gross margin consistency
  • * Core earnings quality and organic net income growth excluding one-time items

Trupanion, Inc.. (TRUP) Financial Metrics & Key Ratios

Revenue
$1.4B
Net Income
$19.4M
EPS (Diluted)
$0.45
Free Cash Flow
$75.4M
Total Assets
$915.0M
Cash Position
$138.0M

💡 AI Analyst Insight

Trupanion, Inc.. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

TRUP Profit Margin, ROE & Profitability Analysis

Gross Margin 4.1%
Operating Margin 1.0%
Net Margin 1.4%
ROE 5.1%
ROA 2.1%
FCF Margin 5.2%

TRUP vs Healthcare Sector: How Trupanion, Inc.. Compares

How Trupanion, Inc.. compares to Healthcare sector averages

Net Margin
TRUP 1.4%
vs
Sector Avg 12.0%
TRUP Sector
ROE
TRUP 5.1%
vs
Sector Avg 15.0%
TRUP Sector
Current Ratio
TRUP 1.7x
vs
Sector Avg 2.0x
TRUP Sector
Debt/Equity
TRUP 0.3x
vs
Sector Avg 0.6x
TRUP Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Trupanion, Inc.. Stock Overvalued? TRUP Valuation Analysis 2026

Based on fundamental analysis, Trupanion, Inc.. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
5.1%
Sector avg: 15%
Net Profit Margin
1.4%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.27x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Trupanion, Inc.. Balance Sheet: TRUP Debt, Cash & Liquidity

Current Ratio
1.69x
Quick Ratio
1.69x
Debt/Equity
0.27x
Debt/Assets
58.0%
Interest Coverage
1.01x
Long-term Debt
$101.8M

TRUP Revenue & Earnings Growth: 5-Year Financial Trend

TRUP 5-year financial data: Year 2021: Revenue $699.0M, Net Income -$1.8M, EPS N/A. Year 2022: Revenue $905.2M, Net Income -$5.8M, EPS $-0.16. Year 2023: Revenue $1.1B, Net Income -$35.5M, EPS $-0.89. Year 2024: Revenue $1.3B, Net Income -$44.7M, EPS $-1.10. Year 2025: Revenue $1.4B, Net Income -$44.7M, EPS $-1.08.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Trupanion, Inc..'s revenue has grown significantly by 106% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.08 indicates the company is currently unprofitable.

TRUP Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
5.2%
Free cash flow / Revenue

TRUP Quarterly Earnings & Performance

Quarterly financial performance data for Trupanion, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $327.5M $1.4M $0.03
Q2 2025 $314.8M -$5.9M $-0.14
Q1 2025 $306.1M -$1.5M $-0.03
Q3 2024 $285.9M $1.4M $0.03
Q2 2024 $270.6M -$5.9M $-0.14
Q1 2024 $256.3M -$6.9M $-0.16
Q3 2023 $233.8M -$4.0M $-0.10
Q2 2023 $219.4M -$13.6M $-0.33

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Trupanion, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$89.5M
Cash generated from operations
Capital Expenditures
$14.1M
Investment in assets
Dividends
None
No dividend program

TRUP SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Trupanion, Inc.. (CIK: 0001371285)

📋 Recent SEC Filings

Date Form Document Action
Apr 1, 2026 4 xslF345X06/wk-form4_1775090031.xml View →
Mar 6, 2026 4 xslF345X05/wk-form4_1772843728.xml View →
Mar 3, 2026 4 xslF345X05/wk-form4_1772582987.xml View →
Mar 3, 2026 4 xslF345X05/wk-form4_1772582982.xml View →
Feb 27, 2026 4 xslF345X05/wk-form4_1772240597.xml View →

Frequently Asked Questions about TRUP

What is the AI rating for TRUP?

Trupanion, Inc.. (TRUP) has an AI rating of HOLD with 58% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TRUP's key strengths?

Claude: Strong free cash flow generation of $75.4M with healthy 5.2% FCF margin demonstrating quality earnings. Solid top-line growth of 11.9% YoY with capital-light business model requiring only $14.1M annual CapEx.

What are the risks of investing in TRUP?

Claude: Interest coverage ratio of 1.0x provides zero margin of safety; any operational decline risks debt covenant violations. Extremely thin operating margin (1.0%) and gross margin (4.1%) indicate weak pricing power and operational efficiency.

What is TRUP's revenue and growth?

Trupanion, Inc.. reported revenue of $1.4B.

Does TRUP pay dividends?

Trupanion, Inc.. does not currently pay dividends.

Where can I find TRUP SEC filings?

Official SEC filings for Trupanion, Inc.. (CIK: 0001371285) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TRUP's EPS?

Trupanion, Inc.. has a diluted EPS of $0.45.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is TRUP a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Trupanion, Inc.. has a HOLD rating with 58% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is TRUP stock overvalued or undervalued?

Valuation metrics for TRUP: ROE of 5.1% (sector avg: 15%), net margin of 1.4% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy TRUP stock in 2026?

Our dual AI analysis gives Trupanion, Inc.. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is TRUP's free cash flow?

Trupanion, Inc..'s operating cash flow is $89.5M, with capital expenditures of $14.1M. FCF margin is 5.2%.

How does TRUP compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin 1.4% (avg: 12%), ROE 5.1% (avg: 15%), current ratio 1.69 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 17, 2026 | Data as of: 2025-12-31 | Powered by Claude AI