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Side-by-side financial comparison of MONRO, INC. (MNRO) 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 $293.4M, roughly 1.3× MONRO, INC.). On growth, TRUPANION, INC. posted the faster year-over-year revenue change (11.7% vs -4.0%). TRUPANION, INC. produced more free cash flow last quarter ($25.3M vs $9.1M). Over the past eight quarters, TRUPANION, INC.'s revenue compounded faster (11.0% CAGR vs -2.7%).
Monro, Inc. is an automotive services company founded and headquartered in Rochester, New York, U.S. As of 2025, Monro has 1,260 locations making them the second-largest automotive services company in North America after Driven Brands by number of locations and by revenue.
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).
MNRO vs TRUP — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $293.4M | $376.9M |
| Net Profit | $11.1M | — |
| Gross Margin | 34.9% | 17.3% |
| Operating Margin | 6.3% | 1.9% |
| Net Margin | 3.8% | — |
| Revenue YoY | -4.0% | 11.7% |
| Net Profit YoY | 143.1% | — |
| EPS (diluted) | $0.35 | $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 | $293.4M | $376.9M | ||
| Q3 25 | $288.9M | $366.9M | ||
| Q2 25 | $301.0M | $353.6M | ||
| Q1 25 | $295.0M | $342.0M | ||
| Q4 24 | $305.8M | $337.3M | ||
| Q3 24 | $301.4M | $327.5M | ||
| Q2 24 | $293.2M | $314.8M | ||
| Q1 24 | $310.1M | $306.1M |
| Q4 25 | $11.1M | — | ||
| Q3 25 | $5.7M | — | ||
| Q2 25 | $-8.1M | — | ||
| Q1 25 | $-21.3M | — | ||
| Q4 24 | $4.6M | — | ||
| Q3 24 | $5.6M | — | ||
| Q2 24 | $5.9M | — | ||
| Q1 24 | $3.7M | — |
| Q4 25 | 34.9% | 17.3% | ||
| Q3 25 | 35.7% | 16.4% | ||
| Q2 25 | 35.5% | 15.5% | ||
| Q1 25 | 33.0% | 14.9% | ||
| Q4 24 | 34.3% | 15.7% | ||
| Q3 24 | 35.3% | 15.1% | ||
| Q2 24 | 37.2% | 12.8% | ||
| Q1 24 | 35.5% | 11.8% |
| Q4 25 | 6.3% | 1.9% | ||
| Q3 25 | 4.4% | 1.6% | ||
| Q2 25 | -2.0% | 0.7% | ||
| Q1 25 | -8.1% | -0.4% | ||
| Q4 24 | 3.3% | 0.1% | ||
| Q3 24 | 4.4% | 0.5% | ||
| Q2 24 | 4.5% | -1.7% | ||
| Q1 24 | 3.3% | -2.0% |
| Q4 25 | 3.8% | — | ||
| Q3 25 | 2.0% | — | ||
| Q2 25 | -2.7% | — | ||
| Q1 25 | -7.2% | — | ||
| Q4 24 | 1.5% | — | ||
| Q3 24 | 1.9% | — | ||
| Q2 24 | 2.0% | — | ||
| Q1 24 | 1.2% | — |
| Q4 25 | $0.35 | $0.13 | ||
| Q3 25 | $0.18 | $0.13 | ||
| Q2 25 | $-0.28 | $0.22 | ||
| Q1 25 | $-0.74 | $-0.03 | ||
| Q4 24 | $0.15 | $0.04 | ||
| Q3 24 | $0.18 | $0.03 | ||
| Q2 24 | $0.19 | $-0.14 | ||
| Q1 24 | $0.12 | $-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 | $4.9M | $370.7M |
| Total DebtLower is stronger | $45.0M | $101.8M |
| Stockholders' EquityBook value | $604.9M | $383.9M |
| Total Assets | $1.6B | $915.0M |
| Debt / EquityLower = less leverage | 0.07× | 0.27× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.9M | $370.7M | ||
| Q3 25 | $10.5M | $348.5M | ||
| Q2 25 | $7.8M | $319.6M | ||
| Q1 25 | $20.8M | $321.8M | ||
| Q4 24 | $10.2M | $307.4M | ||
| Q3 24 | $20.9M | $293.1M | ||
| Q2 24 | $18.7M | $277.2M | ||
| Q1 24 | $6.6M | $275.2M |
| Q4 25 | $45.0M | $101.8M | ||
| Q3 25 | $60.0M | — | ||
| Q2 25 | $71.5M | — | ||
| Q1 25 | $61.3M | — | ||
| Q4 24 | $59.3M | $127.5M | ||
| Q3 24 | $62.0M | — | ||
| Q2 24 | $112.0M | — | ||
| Q1 24 | $102.0M | — |
| Q4 25 | $604.9M | $383.9M | ||
| Q3 25 | $601.7M | $368.6M | ||
| Q2 25 | $604.9M | $355.5M | ||
| Q1 25 | $620.8M | $333.7M | ||
| Q4 24 | $648.9M | $323.3M | ||
| Q3 24 | $651.9M | $320.2M | ||
| Q2 24 | $654.4M | $305.8M | ||
| Q1 24 | $656.8M | $303.4M |
| Q4 25 | $1.6B | $915.0M | ||
| Q3 25 | $1.6B | $880.2M | ||
| Q2 25 | $1.6B | $847.8M | ||
| Q1 25 | $1.6B | $837.2M | ||
| Q4 24 | $1.7B | $806.9M | ||
| Q3 24 | $1.7B | $816.1M | ||
| Q2 24 | $1.7B | $795.9M | ||
| Q1 24 | $1.7B | $789.5M |
| Q4 25 | 0.07× | 0.27× | ||
| Q3 25 | 0.10× | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.10× | — | ||
| Q4 24 | 0.09× | 0.39× | ||
| Q3 24 | 0.10× | — | ||
| Q2 24 | 0.17× | — | ||
| Q1 24 | 0.16× | — |
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 | $17.8M | $29.3M |
| Free Cash FlowOCF − Capex | $9.1M | $25.3M |
| FCF MarginFCF / Revenue | 3.1% | 6.7% |
| Capex IntensityCapex / Revenue | 3.0% | 1.0% |
| Cash ConversionOCF / Net Profit | 1.60× | — |
| TTM Free Cash FlowTrailing 4 quarters | $49.6M | $75.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $17.8M | $29.3M | ||
| Q3 25 | $32.3M | $29.2M | ||
| Q2 25 | $-1.9M | $15.0M | ||
| Q1 25 | $28.9M | $16.0M | ||
| Q4 24 | $14.8M | $23.7M | ||
| Q3 24 | $62.6M | $15.3M | ||
| Q2 24 | $25.6M | $6.9M | ||
| Q1 24 | $-5.3M | $2.4M |
| Q4 25 | $9.1M | $25.3M | ||
| Q3 25 | $26.6M | $23.9M | ||
| Q2 25 | $-9.3M | $12.0M | ||
| Q1 25 | $23.2M | $14.0M | ||
| Q4 24 | $7.9M | $21.8M | ||
| Q3 24 | $57.6M | $13.4M | ||
| Q2 24 | $16.8M | $4.0M | ||
| Q1 24 | $-11.9M | $-631.0K |
| Q4 25 | 3.1% | 6.7% | ||
| Q3 25 | 9.2% | 6.5% | ||
| Q2 25 | -3.1% | 3.4% | ||
| Q1 25 | 7.9% | 4.1% | ||
| Q4 24 | 2.6% | 6.5% | ||
| Q3 24 | 19.1% | 4.1% | ||
| Q2 24 | 5.7% | 1.3% | ||
| Q1 24 | -3.8% | -0.2% |
| Q4 25 | 3.0% | 1.0% | ||
| Q3 25 | 2.0% | 1.4% | ||
| Q2 25 | 2.5% | 0.8% | ||
| Q1 25 | 1.9% | 0.6% | ||
| Q4 24 | 2.2% | 0.6% | ||
| Q3 24 | 1.6% | 0.6% | ||
| Q2 24 | 3.0% | 0.9% | ||
| Q1 24 | 2.1% | 1.0% |
| Q4 25 | 1.60× | — | ||
| Q3 25 | 5.71× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.23× | — | ||
| Q3 24 | 11.08× | — | ||
| Q2 24 | 4.37× | — | ||
| Q1 24 | -1.42× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MNRO
| Tires | $150.2M | 51% |
| Maintenance | $73.5M | 25% |
| Brakes | $35.1M | 12% |
| Steering | $24.9M | 8% |
| Batteries | $6.2M | 2% |
| Exhaust | $3.2M | 1% |
TRUP
| Subscriptionbusiness | $261.4M | 69% |
| Other | $115.4M | 31% |
