Tiptree Inc. (TIPT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 0 | -72K | 523.4M | 526.97M | 496.7M | 503.07M | 494.05M | 547.39M | 504.73M | 446.22M | 416.56M | 404.52M | 381.63M | 369.49M | 363.44M | 339.84M | 324.9M | 320.2M | 286.61M | 299.69M |
| Revenue Growth % | -100% | -100.01% | 5.94% | -3.73% | -1.59% | 12.74% | 18.6% | 35.32% | 32.26% | 20.77% | 14.62% | 19.03% | 17.46% | 15.39% | 26.81% | 13.4% | 10.25% | 22.3% | 27.92% | 50.45% |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | -6.76M | -782.39M | 161.15M | 300.5M | 287.39M | 306.95M | 290.6M | 313.42M | 297.07M | 287.8M | 262.6M | 256.78M | 239.95M | 247.24M | 242.2M | 235.18M | 220.46M | 230.39M | 205.78M | 210.49M |
| Gross Margin % | - | 1086658.33% | 30.79% | 57.02% | 57.86% | 61.01% | 58.82% | 57.26% | 58.86% | 64.5% | 63.04% | 63.48% | 62.88% | 66.91% | 66.64% | 69.2% | 67.85% | 71.95% | 71.8% | 70.24% |
| Gross Profit Growth % | -102.35% | -354.9% | -44.55% | -4.12% | -3.26% | 6.65% | 10.66% | 22.06% | 23.8% | 16.41% | 8.42% | 9.19% | 8.84% | 7.31% | 17.7% | 11.73% | -3.1% | 19.57% | 23.73% | 40.29% |
| Operating Expenses | 377K | -627.14M | 122.87M | 247.79M | 262.04M | 264.75M | 253.82M | 272.77M | 267.37M | 257.73M | 241.46M | 233.11M | 231.78M | 222.2M | 217.08M | 230.37M | 221.41M | 219.5M | 202.19M | 199.02M |
| OpEx % of Revenue | - | 871034.72% | 23.48% | 47.02% | 52.76% | 52.63% | 51.38% | 49.83% | 52.97% | 57.76% | 57.96% | 57.63% | 60.73% | 60.14% | 59.73% | 67.79% | 68.15% | 68.55% | 70.55% | 66.41% |
| Selling, General & Admin | 0 | -216.07M | 89.22M | 79.98M | 80.7M | 75.81M | 74.45M | 70.81M | 72.7M | 69.17M | 65.88M | 64.59M | 61.69M | 57.05M | 55.95M | 68.99M | 71.14M | 80.41M | 67.8M | 45.69M |
| SG&A % of Revenue | - | 300097.22% | 17.05% | 15.18% | 16.25% | 15.07% | 15.07% | 12.94% | 14.4% | 15.5% | 15.82% | 15.97% | 16.16% | 15.44% | 15.39% | 20.3% | 21.89% | 25.11% | 23.66% | 15.25% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | -7.14M | -9.31M | 38.28M | 52.71M | 25.35M | 42.19M | 36.78M | 40.65M | 29.7M | 30.07M | 21.14M | 23.67M | 8.17M | 25.03M | 25.13M | 4.81M | -952K | 10.89M | 3.58M | 11.47M |
| Operating Margin % | - | 12925% | 7.31% | 10% | 5.1% | 8.39% | 7.44% | 7.43% | 5.88% | 6.74% | 5.08% | 5.85% | 2.14% | 6.77% | 6.91% | 1.41% | -0.29% | 3.4% | 1.25% | 3.83% |
| Operating Income Growth % | -128.16% | -122.06% | 4.06% | 29.69% | -14.64% | 40.34% | 73.98% | 71.69% | 263.38% | 20.11% | -15.86% | 392.49% | 958.51% | 129.83% | 601.03% | -58.11% | -102.42% | -55.67% | -74.21% | 158.8% |
| EBITDA | -6.78M | -22.92M | 43.53M | 57.64M | 30.23M | 47.59M | 42.18M | 45.94M | 35.27M | 36.06M | 27.49M | 29.55M | 13.43M | 30.29M | 30.67M | 10.82M | 5.2M | 17.07M | 9.7M | 17.68M |
| EBITDA Margin % | - | 31836.11% | 8.32% | 10.94% | 6.09% | 9.46% | 8.54% | 8.39% | 6.99% | 8.08% | 6.6% | 7.3% | 3.52% | 8.2% | 8.44% | 3.18% | 1.6% | 5.33% | 3.39% | 5.9% |
| EBITDA Growth % | -122.44% | -148.16% | 3.22% | 25.47% | -14.28% | 31.99% | 53.43% | 55.46% | 162.68% | 19.04% | -10.39% | 173.2% | 157.99% | 77.48% | 216.13% | -38.83% | -88.52% | -42.92% | -45.81% | 100.83% |
| D&A (Non-Cash Add-back) | 356K | -13.62M | 5.26M | 4.92M | 4.88M | 5.4M | 5.39M | 5.29M | 5.57M | 5.99M | 6.35M | 5.88M | 5.25M | 5.26M | 5.55M | 6.01M | 6.16M | 6.18M | 6.12M | 6.21M |
| EBIT | 0 | -192.85M | 48.97M | 63.57M | 35.71M | 50.52M | 44.4M | 48.66M | 37.99M | 37.53M | 27.86M | 30.72M | 14.64M | 30.43M | 30.63M | 13.94M | 9.25M | 21.68M | 12.24M | 20.46M |
| Net Interest Income | 0 | 0 | 10.01M | 7.25M | 8.45M | 9.55M | 9.31M | 5.98M | 5.4M | 18.21M | 5.82M | 8.5M | 4.56M | 523K | 124K | -3.12M | -3.6M | 2M | -3.31M | -3.81M |
| Interest Income | 0 | 0 | 20.7M | 18.11M | 18.81M | 17.88M | 16.93M | 13.99M | 13.69M | 25.68M | 12.53M | 15.54M | 11.03M | 5.93M | 5.63M | 6.02M | 6.6M | 12.78M | 5.34M | 5.17M |
| Interest Expense | 0 | 0 | 10.69M | 10.86M | 10.36M | 8.33M | 7.61M | 8.02M | 8.29M | 7.47M | 6.72M | 7.04M | 6.46M | 5.4M | 5.5M | 9.13M | 10.2M | 10.78M | 8.66M | 8.98M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | -9M | -8.62M | 38.28M | 52.71M | 25.35M | 42.19M | 36.78M | 40.65M | 29.7M | 30.07M | 21.14M | 23.67M | 8.17M | 25.03M | 25.13M | 4.81M | -952K | 10.89M | 3.58M | 11.47M |
| Pretax Margin % | - | 11965.28% | 7.31% | 10% | 5.1% | 8.39% | 7.44% | 7.43% | 5.88% | 6.74% | 5.08% | 5.85% | 2.14% | 6.77% | 6.91% | 1.41% | -0.29% | 3.4% | 1.25% | 3.83% |
| Income Tax | -1.15M | -62.35M | 22.67M | 21.61M | 12.38M | 12.85M | 16.31M | 18.67M | 13.82M | 13.94M | 12.27M | 11.82M | 5.02M | 18.91M | 5.07M | 26.55M | -86K | 9.88M | 237K | 2.43M |
| Effective Tax Rate % | 12.82% | 723.7% | 59.22% | 40.99% | 48.84% | 30.46% | 44.34% | 45.94% | 46.53% | 46.36% | 58.05% | 49.95% | 61.45% | 75.56% | 20.17% | 552.42% | 9.03% | 90.67% | 6.61% | 21.15% |
| Net Income | 14.25M | 3.91M | 6.42M | 18.96M | 5.63M | 19.55M | 11.91M | 12.85M | 9.05M | 6.87M | 2.15M | 5.99M | -1.06M | 871K | 14.22M | -22.41M | -960K | -426K | 2.01M | 7.97M |
| Net Margin % | - | -5431.94% | 1.23% | 3.6% | 1.13% | 3.89% | 2.41% | 2.35% | 1.79% | 1.54% | 0.52% | 1.48% | -0.28% | 0.24% | 3.91% | -6.59% | -0.3% | -0.13% | 0.7% | 2.66% |
| Net Income Growth % | 152.81% | -80% | -46.11% | 47.54% | -37.73% | 184.54% | 453.41% | 114.58% | 952.17% | 688.86% | -84.86% | 126.73% | -10.63% | 304.46% | 608.32% | -381.19% | -103.36% | -102.99% | -84.27% | 108.83% |
| Net Income (Continuing) | 14.25M | -98.59M | 15.61M | 31.1M | 12.97M | 29.34M | 20.47M | 21.97M | 15.88M | 16.13M | 8.87M | 11.85M | 3.15M | 6.12M | 20.06M | -21.75M | -866K | 1.02M | 3.35M | 9.05M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 246.22M | 243.85M | 236.24M | 223.53M | 209.74M | 199.07M | 194.25M | 181.62M | 173.9M | 159.7M | 147.48M | 144.18M | 140.91M | 136.21M | 132.29M | 134.94M | 16.52M | 17.23M | 16.93M | 18.03M |
| EPS (Diluted) | 0.34 | 0.06 | 0.13 | 0.37 | 0.13 | 0.47 | 0.29 | 0.31 | 0.22 | 0.15 | 0.24 | 0.16 | -0.03 | 0.02 | 0.38 | -0.62 | -0.03 | -0.01 | 0.06 | 0.22 |
| EPS Growth % | 161.54% | -86.36% | -55.17% | 19.35% | -40.91% | 213.33% | 20.83% | 93.75% | 856.01% | 541.03% | -36.84% | 125.81% | -15.02% | 287.2% | 533.33% | -381.82% | -103.12% | -103.13% | -82.86% | 120% |
| EPS (Basic) | 0.38 | 0.10 | 0.17 | 0.50 | 0.15 | 0.52 | 0.30 | 0.35 | 0.24 | 0.19 | 0.24 | 0.16 | -0.03 | 0.02 | 0.39 | -0.62 | -0.03 | -0.01 | 0.06 | 0.24 |
| Diluted Shares Outstanding | 37.79M | 37.82M | 38.58M | 38.62M | 38.45M | 38.36M | 37.82M | 37.75M | 37.78M | 37.74M | 37.68M | 37.59M | 36.52M | 37.16M | 36.78M | 35.23M | 34.23M | 34M | 34.13M | 33.57M |
| Basic Shares Outstanding | 37.79M | 37.82M | 37.57M | 37.5M | 37.35M | 36.87M | 36.79M | 36.79M | 36.77M | 36.76M | 36.75M | 36.74M | 35.4M | 36.33M | 36.3M | 35.01M | 34.23M | 34M | 33.56M | 32.9M |
| Dividend Payout Ratio | - | 64.05% | 60.1% | 20.26% | 68.78% | 67.78% | 32.06% | 30.55% | 42.21% | 50.17% | 159.17% | 56.95% | - | 352.47% | 13.3% | - | - | - | 67.73% | 16.74% |