TIPT · XBRL financial data

Tiptree financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (TIPT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	810	1,201	1,398	1,649	2,043	0
Revenue from contracts with customers	164	259	300	341	341	—
Selling, general and administrative	22	37	26	38	43	—
Total operating expenses	849	1,135	1,344	1,566	1,894	47
Other operating income (expense)	8	11	23	—	—	—
Operating income (loss)	—	—	—	(43)	(40)	(47)
Interest expense	33	38	30	28	32	—
Income tax expense (benefit)	(14)	21	50	43	62	(6)
Net income (loss)	(29)	38	(8)	14	53	35
Earnings per share, basic USD per share	(0.86)	1.13	(0.23)	0.38	1.44	0.93
Earnings per share, diluted USD per share	(0.86)	1.09	(0.23)	0.33	1.30	0.76
Weighted average shares, basic millions of shares	34	33	36	37	37	38
Weighted average shares, diluted millions of shares	34	34	36	38	38	38

Fiscal years (TIPT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	137	176	538	469	320	31
Marketable securities	—	—	—	—	15	22
Total current assets	—	—	—	—	38	55
Property and equipment, net	16	15	22	30	27	6
Right-of-use asset	27	24	31	31	28	8
Goodwill	179	179	187	206	207	—
Total assets	2,996	3,599	4,040	5,139	5,695	6,840
Total current liabilities	—	—	—	—	16	29
Long-term debt	—	—	—	—	0	64
Lease liability, non-current	—	—	—	—	11	9
Total liabilities	2,622	3,199	3,506	4,563	5,038	6,088
Retained earnings	35	68	54	61	96	122
Total stockholders' equity	356	383	397	417	458	509
Total liabilities and equity	2,996	3,599	4,040	5,139	5,695	6,840
Common shares outstanding (cover page) millions of shares	33	34	37	37	37	38

Fiscal years (TIPT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(29)	38	(8)	14	53	35
Stock-based compensation	8	11	10	8	18	11
Depreciation and amortization	18	24	23	23	22	1
Net cash from operating activities	140	204	463	71	241	168
Purchases of property and equipment	7	3	11	14	4	0
Net cash from investing activities	(123)	(274)	10	(245)	(323)	(202)
Share repurchases	14	8	2	0	0	—
Dividends paid	6	5	2	14	25	9
Proceeds from long-term debt	3,380	4,084	2,365	1,432	1,236	74
Net cash from financing activities	32	74	(115)	113	6	11
Net change in cash	48	4	356	(58)	(76)	(19)

SIC 6331 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6331 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Tiptree	198	0	(182)*	36.4M	16.1 quarters	Q3 FY26 10-QSep 30, 2026
Hippo Holdings	312	156	73*	26.6M	—	Q3 FY26 10-QSep 30, 2026
Heritage Insurance Holdings	588	214	142*	29.7M	—	Q2 FY26 10-QJun 30, 2026
Bowhead Specialty Holdings	232	172	193*	32.9M	—	Q3 FY26 10-QSep 30, 2026
United Fire Group	139	384	34*	25.7M	—	Q2 FY26 10-QJun 30, 2026
Universal Insurance Holdings	569	439	83*	27.7M	—	Q3 FY26 10-QSep 30, 2026
Employers Holdings	76	189	(11)*	17.5M	13.7 quarters	Q3 FY26 10-QSep 30, 2026
Amerisafe	40	80	2.8*	18.5M	—	Q3 FY26 10-QSep 30, 2026
Greenlight Capital Re	71	148	4.9*	32.2M	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.