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How Tiptree (TIPT) makes money

Tiptree (TIPT) made $540M of revenue in the third quarter 2025 (Q3 2025), +9% from a year earlier.

Drawing the Sankey…

Tiptree revenue by quarterTiptree revenue by quarter$497MQ1 2025$529MQ2 2025$540MQ3 2025
Tiptree: where each dollar of revenue goesTiptree: where each dollar of revenue goesIncome tax4¢Operating cash flow25¢Free cash flow25¢

Where each dollar of revenue goes

LineQ3 2025% of revenue
Revenue$540M100.0%
Income tax$22.7M4.2%
Operating cash flow$135M25.1%
Free cash flow$133M24.7%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2025$540M+9%
Q2 2025$529M-3%
Q1 2025$497M-0.2%

From Tiptree's 10-Q filed Oct 31, 2025 (on EDGAR).

Questions

How does Tiptree make money?

Tiptree (TIPT) made $540M of revenue in the third quarter 2025 (Q3 2025), +9% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.