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Trupanion — Third Quarter 2026 Earnings Summary

  • Total revenue rose 11% year-over-year to $405.6 million, while net income increased 58% to $9.3 million ($0.21 per share) compared to $5.9 million in Q3 2025.
  • Subscription enrolled pets grew 6% to 1,145,160, and monthly average revenue per pet reached $87.41 for the first nine months of 2026, up from $79.84 in the prior year period.
  • The company repurchased approximately 0.8 million shares for $25.0 million in Q3 2026, with $75.0 million remaining available under its $100.0 million authorization.
  • Management highlighted the seventh consecutive quarter of retention improvement and expressed confidence in long-term value creation, though risks regarding claims severity and regulatory constraints remain.
Company
TRUPANION INC
Sector
Financial Services
Industry
Insurance - Specialty