Filing Flows › Trupanion (TRUP) › Q3 2026 › vs Q2 2026
Trupanion (TRUP) Q3 2026 vs Q2 2026 (quarter over quarter)
Trupanion's revenue rose $12.7M (+3%) from $393M in Q2 2026 to $406M in Q3 2026. The biggest changes: Subscription business +$11.2M (+4%); Other Segments +$1.4M (+1%). Operating margin 2.4% against 1.6% (+0.7 pts).
Trupanion, Q3 2026: revenue $406M (+10% year over year), operating margin 2.4%, net earnings $9.3M, operating cash flow $30.7M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 2.4% | 1.6% | +0.7 pts |
| Net margin | 2.3% | 1.7% | +0.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Subscription business | $288M | $277M | $11.2M | +4% |
| Other Segments | $118M | $116M | $1.4M | +1% |
| Revenue | $406M | $393M | $12.7M | +3% |
| Operating profit | $9.5M | $6.4M | $3.2M | +50% |
| Costs & expenses | $396M | $387M | $9.5M | +2% |
| Pre-tax earnings | $10.2M | $7.4M | $2.9M | +39% |
| Cost of revenue | $336M | $328M | $8.3M | +3% |
| Sales & marketing | $24.2M | $22.8M | $1.4M | +6% |
| General & admin | $19.4M | $19.5M | −$85K | -0.4% |
| Other operating costs | $16.3M | $16.4M | −$89K | -0.5% |
| Net earnings | $9.3M | $6.8M | $2.5M | +36% |
| Income tax | $964K | $542K | $422K | +78% |
| Depreciation & amortization | $3.8M | $3.7M | $154K | +4% |
| Share-based compensation | $8.1M | $10.0M | −$1.9M | -19% |
| Working capital & other | $9.6M | $511K | $9.0M | 19× |
| Operating cash flow | $30.7M | $21.0M | $9.7M | +46% |
Questions
How much did Trupanion's revenue grow quarter over quarter in Q3 2026?
Trupanion's revenue rose $12.7M (+3%) from $393M in Q2 2026 to $406M in Q3 2026.
What drove Trupanion's revenue change in Q3 2026?
Subscription business +$11.2M (+4%); Other Segments +$1.4M (+1%).