Trupanion, Inc. (TRUP) Q2 2026 Earnings Call Transcript

SA Transcripts 161.55K Followers Follow Trupanion, Inc. ( TRUP ) Q2 2026 Earnings Call August 5, 2026 4:30 PM EDT Company Participants Gil Melchior - Director of Investor Relations Margaret Tooth - President, CEO & Director Fawwad Qureshi - Chief Financial Officer Conference Call Participants Wilma Jackson Burdis - Raymond James & Associates, Inc., Research Division Joshua Shanker - BofA Securities, Research Division Brandon Vazquez - William Blair & Company L.L.C., Research Division Presentation Operator Hello and welcome to the Trupanion Second Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded. I will now turn the conference over to Gil Melchior. Please go ahead. Gil Melchior Director of Investor Relations Good afternoon and welcome to Trupanion's Second Quarter 2026 Financial Results Conference Call. Participating on today's call are Margi Tooth, Chief Executive Officer and President, and Fawwad Qureshi, Chief Financial Officer. Before we begin, please be advised that remarks today will contain forward-looking statements. All statements other than statements of historical facts are forward-looking statements. These include, but are not limited to, statements regarding our future operations, key operating metrics, opportunities and financial performance, pricing and veterinary industry inflation. These statements involve a high degree of known and unknown risks and uncertainties that could cause actual results to differ materially from those discussed. A detailed discussion of these and other risks and uncertainties are included in today's earnings release as well as the company's most recent reports, including Forms 10-K, 10-Q and 8-K filed with the Securities and Exchange Commission. Today's presentation contains references to non-GAAP financial measures that management uses to evaluate the company's performance, including, without limitation, cost of paying veterinary invoices, variable expenses, fixed expenses, adjusted operating income, acquisition costs, internal rate of return, adjusted EBITDA and free cash flow. When we use the term adjusted operating income or margin, it is intended to refer to our non-GAAP operating income or margin