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Side-by-side financial comparison of ASTRONICS CORP (ATRO) 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 $240.1M, roughly 1.6× ASTRONICS CORP). On growth, ASTRONICS CORP posted the faster year-over-year revenue change (15.1% vs 11.7%). TRUPANION, INC. produced more free cash flow last quarter ($25.3M vs $15.8M). Over the past eight quarters, ASTRONICS CORP's revenue compounded faster (13.9% CAGR vs 11.0%).
Astronics Corporation is an American aerospace electronics corporation founded in 1968, headquartered in East Aurora, New York. It is traded on NASDAQ as Nasdaq: ATRO. It is known for lighting and electronics integrations on military, commercial, and business aircraft and semiconductor test systems.
TRUPANION, INC.TRUPEarnings & Financial Report
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).
ATRO vs TRUP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $240.1M | $376.9M |
| Net Profit | — | — |
| Gross Margin | 33.3% | 17.3% |
| Operating Margin | 14.8% | 1.9% |
| Net Margin | — | — |
| Revenue YoY | 15.1% | 11.7% |
| Net Profit YoY | — | — |
| EPS (diluted) | $0.82 | $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.
| Q4 25 | $240.1M | $376.9M | ||
| Q3 25 | $211.4M | $366.9M | ||
| Q2 25 | $204.7M | $353.6M | ||
| Q1 25 | $205.9M | $342.0M | ||
| Q4 24 | $208.5M | $337.3M | ||
| Q3 24 | $203.7M | $327.5M | ||
| Q2 24 | $198.1M | $314.8M | ||
| Q1 24 | $185.1M | $306.1M |
| Q4 25 | — | — | ||
| Q3 25 | $-11.1M | — | ||
| Q2 25 | $1.3M | — | ||
| Q1 25 | $9.5M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-11.7M | — | ||
| Q2 24 | $1.5M | — | ||
| Q1 24 | $-3.2M | — |
| Q4 25 | 33.3% | 17.3% | ||
| Q3 25 | 30.5% | 16.4% | ||
| Q2 25 | 25.8% | 15.5% | ||
| Q1 25 | 29.5% | 14.9% | ||
| Q4 24 | 29.8% | 15.7% | ||
| Q3 24 | 27.1% | 15.1% | ||
| Q2 24 | 28.0% | 12.8% | ||
| Q1 24 | 25.7% | 11.8% |
| Q4 25 | 14.8% | 1.9% | ||
| Q3 25 | 10.9% | 1.6% | ||
| Q2 25 | 2.3% | 0.7% | ||
| Q1 25 | 6.4% | -0.4% | ||
| Q4 24 | 4.3% | 0.1% | ||
| Q3 24 | 4.1% | 0.5% | ||
| Q2 24 | 3.8% | -1.7% | ||
| Q1 24 | 0.9% | -2.0% |
| Q4 25 | — | — | ||
| Q3 25 | -5.2% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 4.6% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -5.8% | — | ||
| Q2 24 | 0.8% | — | ||
| Q1 24 | -1.7% | — |
| Q4 25 | $0.82 | $0.13 | ||
| Q3 25 | $-0.31 | $0.13 | ||
| Q2 25 | $0.04 | $0.22 | ||
| Q1 25 | $0.26 | $-0.03 | ||
| Q4 24 | $-0.07 | $0.04 | ||
| Q3 24 | $-0.34 | $0.03 | ||
| Q2 24 | $0.04 | $-0.14 | ||
| Q1 24 | $-0.09 | $-0.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $18.2M | $370.7M |
| Total DebtLower is stronger | — | $101.8M |
| Stockholders' EquityBook value | $140.1M | $383.9M |
| Total Assets | $706.7M | $915.0M |
| Debt / EquityLower = less leverage | — | 0.27× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.2M | $370.7M | ||
| Q3 25 | $13.5M | $348.5M | ||
| Q2 25 | $13.5M | $319.6M | ||
| Q1 25 | $24.8M | $321.8M | ||
| Q4 24 | $9.3M | $307.4M | ||
| Q3 24 | $5.2M | $293.1M | ||
| Q2 24 | $2.9M | $277.2M | ||
| Q1 24 | $5.3M | $275.2M |
| Q4 25 | — | $101.8M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $127.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $140.1M | $383.9M | ||
| Q3 25 | $108.9M | $368.6M | ||
| Q2 25 | $271.6M | $355.5M | ||
| Q1 25 | $266.8M | $333.7M | ||
| Q4 24 | $256.1M | $323.3M | ||
| Q3 24 | $249.2M | $320.2M | ||
| Q2 24 | $257.9M | $305.8M | ||
| Q1 24 | $251.7M | $303.4M |
| Q4 25 | $706.7M | $915.0M | ||
| Q3 25 | $682.2M | $880.2M | ||
| Q2 25 | $646.7M | $847.8M | ||
| Q1 25 | $662.2M | $837.2M | ||
| Q4 24 | $648.8M | $806.9M | ||
| Q3 24 | $651.6M | $816.1M | ||
| Q2 24 | $644.9M | $795.9M | ||
| Q1 24 | $630.0M | $789.5M |
| Q4 25 | — | 0.27× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $27.6M | $29.3M |
| Free Cash FlowOCF − Capex | $15.8M | $25.3M |
| FCF MarginFCF / Revenue | 6.6% | 6.7% |
| Capex IntensityCapex / Revenue | 4.9% | 1.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $43.1M | $75.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.6M | $29.3M | ||
| Q3 25 | $34.2M | $29.2M | ||
| Q2 25 | $-7.6M | $15.0M | ||
| Q1 25 | $20.6M | $16.0M | ||
| Q4 24 | $26.4M | $23.7M | ||
| Q3 24 | $8.4M | $15.3M | ||
| Q2 24 | $-6.3M | $6.9M | ||
| Q1 24 | $2.0M | $2.4M |
| Q4 25 | $15.8M | $25.3M | ||
| Q3 25 | $21.0M | $23.9M | ||
| Q2 25 | $-12.2M | $12.0M | ||
| Q1 25 | $18.5M | $14.0M | ||
| Q4 24 | $23.2M | $21.8M | ||
| Q3 24 | $6.5M | $13.4M | ||
| Q2 24 | $-8.1M | $4.0M | ||
| Q1 24 | $439.0K | $-631.0K |
| Q4 25 | 6.6% | 6.7% | ||
| Q3 25 | 9.9% | 6.5% | ||
| Q2 25 | -6.0% | 3.4% | ||
| Q1 25 | 9.0% | 4.1% | ||
| Q4 24 | 11.1% | 6.5% | ||
| Q3 24 | 3.2% | 4.1% | ||
| Q2 24 | -4.1% | 1.3% | ||
| Q1 24 | 0.2% | -0.2% |
| Q4 25 | 4.9% | 1.0% | ||
| Q3 25 | 6.2% | 1.4% | ||
| Q2 25 | 2.2% | 0.8% | ||
| Q1 25 | 1.0% | 0.6% | ||
| Q4 24 | 1.5% | 0.6% | ||
| Q3 24 | 0.9% | 0.6% | ||
| Q2 24 | 0.9% | 0.9% | ||
| Q1 24 | 0.9% | 1.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -5.81× | — | ||
| Q1 25 | 2.17× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -4.08× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATRO
| Product Line Electrical Power And Motion | $113.8M | 47% |
| Product Line Avionics | $32.0M | 13% |
| Military Aircraft | $28.0M | 12% |
| General Aviation | $22.3M | 9% |
| Government And Defense | $20.5M | 9% |
| Product Line Systems Certification | $13.2M | 6% |
| Product Line Structures | $3.7M | 2% |
| Product Line Other | $2.3M | 1% |
TRUP
| Subscriptionbusiness | $261.4M | 69% |
| Other | $115.4M | 31% |
