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Side-by-side financial comparison of APOGEE ENTERPRISES, INC. (APOG) and TRUPANION, INC. (TRUP). Click either name above to swap in a different company.

TRUPANION, INC. is the larger business by last-quarter revenue ($376.9M vs $351.4M, roughly 1.1× APOGEE ENTERPRISES, INC.). On growth, TRUPANION, INC. posted the faster year-over-year revenue change (11.7% vs 1.6%). Over the past eight quarters, TRUPANION, INC.'s revenue compounded faster (11.0% CAGR vs 2.9%).

Apogee Electronics is an American manufacturer of audio interfaces, analog-to-digital and digital-to-analog converters, USB & iOS microphones, and audio production software.

Trupanion, Inc. is a pet insurance provider headquartered in Seattle, Washington. Established in 1998, Trupanion operates across the United States, Canada, Australia, and Puerto Rico. The company offers coverage for pets and is self-underwritten by the American Pet Insurance Company (APIC).

APOG vs TRUP — Head-to-Head

Bigger by revenue
TRUP
TRUP
1.1× larger
TRUP
$376.9M
$351.4M
APOG
Growing faster (revenue YoY)
TRUP
TRUP
+10.1% gap
TRUP
11.7%
1.6%
APOG
Faster 2-yr revenue CAGR
TRUP
TRUP
Annualised
TRUP
11.0%
2.9%
APOG

Income Statement — Q4 FY2026 vs Q4 FY2025

Metric
APOG
APOG
TRUP
TRUP
Revenue
$351.4M
$376.9M
Net Profit
$16.6M
Gross Margin
22.4%
17.3%
Operating Margin
7.3%
1.9%
Net Margin
4.7%
Revenue YoY
1.6%
11.7%
Net Profit YoY
568.8%
EPS (diluted)
$0.78
$0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APOG
APOG
TRUP
TRUP
Q1 26
$351.4M
Q4 25
$348.6M
$376.9M
Q3 25
$358.2M
$366.9M
Q2 25
$346.6M
$353.6M
Q1 25
$345.7M
$342.0M
Q4 24
$341.3M
$337.3M
Q3 24
$342.4M
$327.5M
Q2 24
$331.5M
$314.8M
Net Profit
APOG
APOG
TRUP
TRUP
Q1 26
$16.6M
Q4 25
$16.5M
Q3 25
$23.6M
Q2 25
$-2.7M
Q1 25
$2.5M
Q4 24
$21.0M
Q3 24
$30.6M
Q2 24
$31.0M
Gross Margin
APOG
APOG
TRUP
TRUP
Q1 26
22.4%
Q4 25
23.8%
17.3%
Q3 25
23.1%
16.4%
Q2 25
21.7%
15.5%
Q1 25
21.6%
14.9%
Q4 24
26.1%
15.7%
Q3 24
28.4%
15.1%
Q2 24
29.8%
12.8%
Operating Margin
APOG
APOG
TRUP
TRUP
Q1 26
7.3%
Q4 25
7.1%
1.9%
Q3 25
7.5%
1.6%
Q2 25
2.0%
0.7%
Q1 25
1.8%
-0.4%
Q4 24
8.4%
0.1%
Q3 24
12.3%
0.5%
Q2 24
12.5%
-1.7%
Net Margin
APOG
APOG
TRUP
TRUP
Q1 26
4.7%
Q4 25
4.7%
Q3 25
6.6%
Q2 25
-0.8%
Q1 25
0.7%
Q4 24
6.1%
Q3 24
8.9%
Q2 24
9.4%
EPS (diluted)
APOG
APOG
TRUP
TRUP
Q1 26
$0.78
Q4 25
$0.77
$0.13
Q3 25
$1.10
$0.13
Q2 25
$-0.13
$0.22
Q1 25
$0.12
$-0.03
Q4 24
$0.96
$0.04
Q3 24
$1.40
$0.03
Q2 24
$1.41
$-0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APOG
APOG
TRUP
TRUP
Cash + ST InvestmentsLiquidity on hand
$39.5M
$370.7M
Total DebtLower is stronger
$232.3M
$101.8M
Stockholders' EquityBook value
$511.8M
$383.9M
Total Assets
$1.1B
$915.0M
Debt / EquityLower = less leverage
0.45×
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APOG
APOG
TRUP
TRUP
Q1 26
$39.5M
Q4 25
$41.3M
$370.7M
Q3 25
$39.5M
$348.5M
Q2 25
$32.8M
$319.6M
Q1 25
$41.4M
$321.8M
Q4 24
$43.9M
$307.4M
Q3 24
$51.0M
$293.1M
Q2 24
$30.4M
$277.2M
Total Debt
APOG
APOG
TRUP
TRUP
Q1 26
$232.3M
Q4 25
$101.8M
Q3 25
Q2 25
Q1 25
$285.0M
Q4 24
$127.5M
Q3 24
Q2 24
Stockholders' Equity
APOG
APOG
TRUP
TRUP
Q1 26
$511.8M
Q4 25
$512.3M
$383.9M
Q3 25
$500.2M
$368.6M
Q2 25
$481.8M
$355.5M
Q1 25
$487.9M
$333.7M
Q4 24
$522.1M
$323.3M
Q3 24
$506.4M
$320.2M
Q2 24
$480.0M
$305.8M
Total Assets
APOG
APOG
TRUP
TRUP
Q1 26
$1.1B
Q4 25
$1.1B
$915.0M
Q3 25
$1.2B
$880.2M
Q2 25
$1.2B
$847.8M
Q1 25
$1.2B
$837.2M
Q4 24
$1.2B
$806.9M
Q3 24
$917.1M
$816.1M
Q2 24
$889.0M
$795.9M
Debt / Equity
APOG
APOG
TRUP
TRUP
Q1 26
0.45×
Q4 25
0.27×
Q3 25
Q2 25
Q1 25
0.58×
Q4 24
0.39×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APOG
APOG
TRUP
TRUP
Operating Cash FlowLast quarter
$122.5M
$29.3M
Free Cash FlowOCF − Capex
$25.3M
FCF MarginFCF / Revenue
6.7%
Capex IntensityCapex / Revenue
7.8%
1.0%
Cash ConversionOCF / Net Profit
7.37×
TTM Free Cash FlowTrailing 4 quarters
$75.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APOG
APOG
TRUP
TRUP
Q1 26
$122.5M
Q4 25
$29.3M
$29.3M
Q3 25
$57.1M
$29.2M
Q2 25
$-19.8M
$15.0M
Q1 25
$30.0M
$16.0M
Q4 24
$31.0M
$23.7M
Q3 24
$58.7M
$15.3M
Q2 24
$5.5M
$6.9M
Free Cash Flow
APOG
APOG
TRUP
TRUP
Q1 26
Q4 25
$22.9M
$25.3M
Q3 25
$52.4M
$23.9M
Q2 25
$-26.9M
$12.0M
Q1 25
$19.1M
$14.0M
Q4 24
$22.0M
$21.8M
Q3 24
$50.2M
$13.4M
Q2 24
$-1.8M
$4.0M
FCF Margin
APOG
APOG
TRUP
TRUP
Q1 26
Q4 25
6.6%
6.7%
Q3 25
14.6%
6.5%
Q2 25
-7.8%
3.4%
Q1 25
5.5%
4.1%
Q4 24
6.4%
6.5%
Q3 24
14.7%
4.1%
Q2 24
-0.5%
1.3%
Capex Intensity
APOG
APOG
TRUP
TRUP
Q1 26
7.8%
Q4 25
1.9%
1.0%
Q3 25
1.3%
1.4%
Q2 25
2.1%
0.8%
Q1 25
3.2%
0.6%
Q4 24
2.6%
0.6%
Q3 24
2.5%
0.6%
Q2 24
2.2%
0.9%
Cash Conversion
APOG
APOG
TRUP
TRUP
Q1 26
7.37×
Q4 25
1.77×
Q3 25
2.41×
Q2 25
Q1 25
12.08×
Q4 24
1.48×
Q3 24
1.92×
Q2 24
0.18×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APOG
APOG

Architectural Services$127.1M36%
Architectural Metals$110.0M31%
Architectural Glass$67.4M19%
Performance Surfaces$54.3M15%

TRUP
TRUP

Subscriptionbusiness$261.4M69%
Other$115.4M31%

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