Quarterly ResultAug 5, 2026, 04:09 PM
Trupanion Authorizes $100M Buyback, $44M Dividend; Q2 Revenue $392.9M
AI Summary
Trupanion, Inc. announced its second quarter 2026 financial results, reporting an 11% increase in total revenue to $392.9 million. While net income decreased to $6.8 million from $9.4 million year-over-year, adjusted EBITDA improved to $19.8 million. The company also announced significant capital allocation news, including the approval of a $44 million extraordinary dividend and the authorization of a $100 million share repurchase program.
Key Highlights
- Board authorized a $100M share repurchase program.
- New York DFS approved a $44M extraordinary dividend.
- Q2 2026 total revenue increased 11% to $392.9M.
- Q2 2026 net income was $6.8M, or $0.16 per share.
- Q2 2026 adjusted EBITDA rose to $19.8M from $16.6M.
- Subscription business revenue grew 14% to $276.7M.
- Subscription enrolled pets increased 5% to 1,124,548.
- Operating cash flow was $21.0M and free cash flow $19.2M.
Price Impact
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