secwatch.observer — SEC 8-K summary
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Issuer:     TRUPANION, INC. (TRUP)
CIK:        0001371285
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001371285-25-000247
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 1.02, 2.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud

Trupanion Q3 2025 revenue $366.9M, net income $5.9M, secures $120M credit facility
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- Total revenue $366.9M, up 12% vs Q3 2024; subscription revenue $252.7M, up 15%.
- Net income $5.9M ($0.14 per share) vs $1.4M in Q3 2024; adjusted EBITDA $19.6M vs $14.5M.
- Operating cash flow $29.2M and free cash flow $23.9M in Q3 2025.
- Entered new $120M credit agreement with PNC Bank ($100M term loan, $20M revolving) to repay prior facility.
- Subscription enrolled pets up 5% to 1,082,412; total enrolled pets 1,654,414.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1371285/000137128525000247/0001371285-25-000247-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1371285/000137128525000247/trup-20251104.htm
  HTML page:      https://secwatch.observer/filing/0001371285-25-000247

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer