Trupanion Stock Price, News & Analysis

Trupanion (Nasdaq: TRUP), a leading provider of medical insurance for cats and dogs, has released its 2024 annual shareholder letter. The letter, authored by CEO and President Margi Tooth, is now accessible through the company's Investor Relations website.

This annual communication represents a key corporate governance document that provides insights into the company's performance and strategic direction in the pet insurance sector. Stakeholders and interested parties can access the complete shareholder letter through Trupanion's official investor relations platform.

Trupanion (TRUP), a leading provider of medical insurance for cats and dogs, has scheduled its 2025 first quarter earnings release for Thursday, May 1, 2025, after market close. The company will host a conference call at 1:30 p.m. PT / 4:30 p.m. ET on the same day.

A live webcast of the earnings discussion, including management observations and guidance, will be accessible through Trupanion's Investor Relations website. The presentation will remain archived online for 3 months following the call. Investors can join via phone using 1-866-250-8117 (US) or 1-412-317-6011 (International), with a replay available using pin number 10197710.

Trupanion (Nasdaq: TRUP), a leading provider of medical insurance for cats and dogs, has announced its participation in the 46th Annual Raymond James Institutional Investor Conference. Chief Financial Officer Fawwad Qureshi will deliver a presentation on Monday, March 3, 2025, at 8:05 a.m. ET.

The event will include investor meetings throughout the day, and interested parties can access the live webcast of the presentation through Trupanion's Investor Relations website at http://investors.trupanion.com.

Trupanion (TRUP) reported strong Q4 and full-year 2024 results, marking significant improvements in financial performance. Q4 total revenue reached $337.3 million, up 14% year-over-year, with subscription business revenue increasing 19% to $227.8 million. The company achieved a net income of $1.7 million in Q4, compared to a loss in the same period of 2023.

For the full year 2024, total revenue grew 16% to $1,286 million, with subscription revenue up 20% to $856.5 million. The company significantly improved its financial position, reducing net loss to $(9.6) million from $(44.7) million in 2023. Free cash flow reached a record $38.6 million for the year, compared to $0.4 million in 2023. Total enrolled pets slightly decreased by 2% to 1,677,570, while subscription enrolled pets increased by 5% to 1,041,212.

Trupanion (TRUP) has scheduled its Q4 and full-year 2024 earnings release and conference call for Wednesday, February 19, 2025. The financial results will be released after market close, followed by a conference call starting shortly after 1:30 p.m. PT / 4:30 p.m. ET.

The company will provide a live webcast with management observations and guidance on their Investor Relations website, which will remain accessible for 3 months after the call. A slide presentation will also be available. Investors can join via phone using 1-877-300-8521 (US) or 1-412-317-6026 (International). A replay will be available using 1-844-512-2921 (US) or 1-412-317-6671 (International) with pin number 10194900.

Trupanion (Nasdaq: TRUP), North America's leading provider of pet medical insurance, has been recognized as one of Built In's Best Places to Work in Seattle for 2025, marking its 6th consecutive year receiving this honor. The company secured positions on both the Best Places to Work in Seattle and 100 Best Large Places to Work in Seattle lists.

The selection process evaluated key workforce criteria including compensation, wellness benefits, time off, flexible work opportunities, DEI initiatives, and cultural offerings. CEO Margi Tooth emphasized the company's dedication to creating an environment that supports both personal and professional growth.

Built In's annual awards program encompasses companies of various sizes, from startups to enterprises, recognizing both remote-first employers and companies across major U.S. tech markets. Built In CEO Maria Christopoulos Katris highlighted that this recognition demonstrates the companies' commitment to fostering environments where innovation and individual growth flourish.

URvet Care has announced a partnership with Trupanion (TRUP) to implement their Vet Direct Pay solution, joining over 11,000 veterinary hospitals across North America. This collaboration enables Trupanion to directly pay their portion of pet medical bills to URvet Care at checkout in under a minute, addressing a significant financial barrier in veterinary care. According to Trupanion's survey data, pet parents typically stop treatment when costs reach $1,500. This partnership aims to reduce financial stress for pet owners and allow veterinary staff to focus on providing optimal care without concerns about payment uncertainty.

Trupanion (Nasdaq: TRUP) has been recognized with six 2024 VIBE Awards for outstanding employee benefits. The pet insurance provider secured top employer status in Work Flexibility, Retirement Benefits, Professional Development, Health and Wellness, Parental Benefits, and Vacation Benefits categories.

The VIBE (Voted In By Employees) Awards, presented by The Muse, are particularly significant as they are based on employee recommendations. The Muse, an online career resource platform, acknowledges companies that demonstrate exceptional commitment to employee well-being and benefits.

Brenna McGibney, Trupanion's Chief Administrative Officer, emphasized the company's dedication to offering competitive benefits that promote employee wellbeing. CEO Margi Tooth highlighted how these benefits support teams working around the clock to assist pet owners during emergencies.

Trupanion (Nasdaq:TRUP) reports significant musculoskeletal claims in 2023, including 61,000 limping, 35,000 CCL rupture, 32,000 arthritis, and 1,200 hip dysplasia cases. Cold weather particularly affects older pets, with seniors showing dramatically higher claim rates than younger animals.

Key findings show senior dogs are 2,476% more likely to develop arthritis than younger dogs, while senior cats face a 3,724% higher risk. The average arthritis claim costs $272 for dogs and $233 for cats, with the highest single claim reaching $19,829.

From 2019-2023, Trupanion handled over 208,138 limping claims, with 8% of insured dogs and 1.8% of cats affected. The company emphasizes the importance of early pet insurance enrollment to avoid pre-existing condition limitations, as cold weather can aggravate joint conditions through thickened joint fluid and barometric pressure changes.