TRUPANION, INC.
For the period ended Dec 31, 2025. Filed Feb 13, 2026.
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FY2025 · Filed Feb 13, 2026
TRUP$35.50-3.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| Trupanion, Inc. Consolidated Balance Sheets(in thousands, except share data) | ||
|---|---|---|
| December 31, | ||
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $138,024 | $160,295 |
| Short-term investments | 232,706 | 147,089 |
| Accounts and other receivables, net of allowance for credit losses of $1,311 at December 31, 2025 and $1,117 at December 31, 2024 | 301,945 | 274,031 |
| Prepaid expenses and other assets | 18,387 | 15,912 |
| Total current assets | 691,062 | 597,327 |
| Restricted cash | 33,434 | 39,235 |
| Long-term investments | 983 | 373 |
| Property, equipment, and internal-use software, net | 104,844 | 102,191 |
| Intangible assets, net | 24,102 | 13,177 |
| Other long-term assets | 21,237 | 17,579 |
| Goodwill | 39,382 | 36,971 |
| Total assets | $915,044 | $806,853 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $16,445 | $11,532 |
| Accrued liabilities and other current liabilities | 56,509 | 33,469 |
| Reserve for veterinary invoices | 55,921 | 51,635 |
| Deferred revenue | 270,935 | 251,640 |
| Long-term debt - current portion | 10,000 | 1,350 |
| Total current liabilities | 409,810 | 349,626 |
| Long-term debt | 101,784 | 127,537 |
| Deferred tax liabilities | 1,510 | 1,946 |
| Other liabilities | 18,004 | 4,476 |
| Total liabilities | 531,108 | 483,585 |
| Stockholders’ equity: | ||
| Common stock: $0.00001 par value per share, 100,000,000 shares authorized; 44,430,267 and 43,402,081 shares issued and outstanding at December 31, 2025 and 43,516,631 and 42,488,445 shares issued and outstanding at December 31, 2024 | — | — |
| Preferred stock: $0.00001 par value per share, 10,000,000 shares authorized; no shares issued and outstanding | — | — |
| Additional paid-in capital | 604,828 | 568,302 |
| Accumulated other comprehensive income (loss) | 2,097 | (2,612) |
| Accumulated deficit | (206,455) | (225,888) |
| Treasury stock, at cost: 1,028,186 shares at December 31, 2025 and 2024 | (16,534) | (16,534) |
| Total stockholders’ equity | 383,936 | 323,268 |
| Total liabilities and stockholders’ equity | $915,044 | $806,853 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.