secwatch.observer — SEC 8-K summary
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Issuer:     TRUPANION, INC. (TRUP)
CIK:        0001371285
Form:       8-K
Filed at:   2026-02-12T23:59:59+00:00
Accession:  0001371285-26-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trupanion Q4 2025 net income $5.6M ($0.13 EPS); full-year net income $19.4M vs loss in 2024
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- Q4 total revenue $376.9M (+12% YoY); subscription revenue $261.4M (+15% YoY).
- Q4 adjusted EBITDA $21.8M vs $19.4M; free cash flow $25.3M vs $21.8M.
- Full-year net income $19.4M ($0.45 EPS) vs net loss $9.6M ($0.23 loss) in 2024.
- Subscription enrolled pets 1,096,173 (+5% YoY); total enrolled pets down 2%.
- Achieved 15% annual margin target; CEO cites four straight quarters of higher retention.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1371285/000137128526000008/0001371285-26-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1371285/000137128526000008/trup-20260212.htm
  HTML page:      https://secwatch.observer/filing/0001371285-26-000008

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