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Side-by-side financial comparison of TRUPANION, INC. (TRUP) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.
TRUPANION, INC. is the larger business by last-quarter revenue ($376.9M vs $334.0M, roughly 1.1× WYNDHAM HOTELS & RESORTS, INC.). On growth, TRUPANION, INC. posted the faster year-over-year revenue change (11.7% vs -76.3%). WYNDHAM HOTELS & RESORTS, INC. produced more free cash flow last quarter ($168.0M vs $25.3M). Over the past eight quarters, TRUPANION, INC.'s revenue compounded faster (11.0% CAGR vs -4.6%).
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).
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
TRUP vs WH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $376.9M | $334.0M |
| Net Profit | — | $-60.0M |
| Gross Margin | 17.3% | — |
| Operating Margin | 1.9% | — |
| Net Margin | — | -18.0% |
| Revenue YoY | 11.7% | -76.3% |
| Net Profit YoY | — | -170.6% |
| EPS (diluted) | $0.13 | $-0.80 |
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.
| Q1 26 | — | $334.0M | ||
| Q4 25 | $376.9M | $334.0M | ||
| Q3 25 | $366.9M | $382.0M | ||
| Q2 25 | $353.6M | $397.0M | ||
| Q1 25 | $342.0M | $316.0M | ||
| Q4 24 | $337.3M | $336.0M | ||
| Q3 24 | $327.5M | $396.0M | ||
| Q2 24 | $314.8M | $367.0M |
| Q1 26 | — | $-60.0M | ||
| Q4 25 | — | $-60.0M | ||
| Q3 25 | — | $105.0M | ||
| Q2 25 | — | $87.0M | ||
| Q1 25 | — | $61.0M | ||
| Q4 24 | — | $85.0M | ||
| Q3 24 | — | $102.0M | ||
| Q2 24 | — | $86.0M |
| Q1 26 | — | — | ||
| Q4 25 | 17.3% | — | ||
| Q3 25 | 16.4% | — | ||
| Q2 25 | 15.5% | — | ||
| Q1 25 | 14.9% | — | ||
| Q4 24 | 15.7% | — | ||
| Q3 24 | 15.1% | — | ||
| Q2 24 | 12.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.9% | -11.4% | ||
| Q3 25 | 1.6% | 46.6% | ||
| Q2 25 | 0.7% | 37.8% | ||
| Q1 25 | -0.4% | 35.4% | ||
| Q4 24 | 0.1% | 38.4% | ||
| Q3 24 | 0.5% | 43.2% | ||
| Q2 24 | -1.7% | 39.5% |
| Q1 26 | — | -18.0% | ||
| Q4 25 | — | -18.0% | ||
| Q3 25 | — | 27.5% | ||
| Q2 25 | — | 21.9% | ||
| Q1 25 | — | 19.3% | ||
| Q4 24 | — | 25.3% | ||
| Q3 24 | — | 25.8% | ||
| Q2 24 | — | 23.4% |
| Q1 26 | — | $-0.80 | ||
| Q4 25 | $0.13 | $-0.77 | ||
| Q3 25 | $0.13 | $1.36 | ||
| Q2 25 | $0.22 | $1.13 | ||
| Q1 25 | $-0.03 | $0.78 | ||
| Q4 24 | $0.04 | $1.06 | ||
| Q3 24 | $0.03 | $1.29 | ||
| Q2 24 | $-0.14 | $1.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $370.7M | $64.0M |
| Total DebtLower is stronger | $101.8M | — |
| Stockholders' EquityBook value | $383.9M | $468.0M |
| Total Assets | $915.0M | $4.2B |
| Debt / EquityLower = less leverage | 0.27× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $64.0M | ||
| Q4 25 | $370.7M | $64.0M | ||
| Q3 25 | $348.5M | $70.0M | ||
| Q2 25 | $319.6M | $50.0M | ||
| Q1 25 | $321.8M | $48.0M | ||
| Q4 24 | $307.4M | $103.0M | ||
| Q3 24 | $293.1M | $72.0M | ||
| Q2 24 | $277.2M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | $101.8M | $2.5B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.5B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | $127.5M | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B |
| Q1 26 | — | $468.0M | ||
| Q4 25 | $383.9M | $468.0M | ||
| Q3 25 | $368.6M | $583.0M | ||
| Q2 25 | $355.5M | $570.0M | ||
| Q1 25 | $333.7M | $579.0M | ||
| Q4 24 | $323.3M | $650.0M | ||
| Q3 24 | $320.2M | $583.0M | ||
| Q2 24 | $305.8M | $623.0M |
| Q1 26 | — | $4.2B | ||
| Q4 25 | $915.0M | $4.2B | ||
| Q3 25 | $880.2M | $4.3B | ||
| Q2 25 | $847.8M | $4.3B | ||
| Q1 25 | $837.2M | $4.2B | ||
| Q4 24 | $806.9M | $4.2B | ||
| Q3 24 | $816.1M | $4.2B | ||
| Q2 24 | $795.9M | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.27× | 5.37× | ||
| Q3 25 | — | 4.43× | ||
| Q2 25 | — | 4.44× | ||
| Q1 25 | — | 4.29× | ||
| Q4 24 | 0.39× | 3.72× | ||
| Q3 24 | — | 4.19× | ||
| Q2 24 | — | 3.83× |
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 | $29.3M | $367.0M |
| Free Cash FlowOCF − Capex | $25.3M | $168.0M |
| FCF MarginFCF / Revenue | 6.7% | 50.3% |
| Capex IntensityCapex / Revenue | 1.0% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $75.4M | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | $29.3M | $152.0M | ||
| Q3 25 | $29.2M | $86.0M | ||
| Q2 25 | $15.0M | $70.0M | ||
| Q1 25 | $16.0M | $59.0M | ||
| Q4 24 | $23.7M | $134.0M | ||
| Q3 24 | $15.3M | $79.0M | ||
| Q2 24 | $6.9M | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | $25.3M | $136.0M | ||
| Q3 25 | $23.9M | $75.0M | ||
| Q2 25 | $12.0M | $58.0M | ||
| Q1 25 | $14.0M | $52.0M | ||
| Q4 24 | $21.8M | $109.0M | ||
| Q3 24 | $13.4M | $71.0M | ||
| Q2 24 | $4.0M | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | 6.7% | 40.7% | ||
| Q3 25 | 6.5% | 19.6% | ||
| Q2 25 | 3.4% | 14.6% | ||
| Q1 25 | 4.1% | 16.5% | ||
| Q4 24 | 6.5% | 32.4% | ||
| Q3 24 | 4.1% | 17.9% | ||
| Q2 24 | 1.3% | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | 4.8% | ||
| Q3 25 | 1.4% | 2.9% | ||
| Q2 25 | 0.8% | 3.0% | ||
| Q1 25 | 0.6% | 2.2% | ||
| Q4 24 | 0.6% | 7.4% | ||
| Q3 24 | 0.6% | 2.0% | ||
| Q2 24 | 0.9% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.82× | ||
| Q2 25 | — | 0.80× | ||
| Q1 25 | — | 0.97× | ||
| Q4 24 | — | 1.58× | ||
| Q3 24 | — | 0.77× | ||
| Q2 24 | — | 0.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
TRUP
| Subscriptionbusiness | $261.4M | 69% |
| Other | $115.4M | 31% |
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |
