Tiptree Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $488.0K | $1.5M | $2.1M | $1.40B | $1.20B | $810.3M | $772.7M | $625.8M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $42.6M | $38.1M | $26.2M | $36.7M | $22.3M | $18.6M | $16.2M |
| Operating Income | $-46.7M | $-40.3M | $-43.5M | $84.3M | $103.0M | $-6.3M | $56.2M | $7.2M |
| Operating Margin | -9,574.6% | -2,649.6% | -2,051.8% | 6.0% | 8.6% | -0.8% | 7.3% | 1.2% |
| Interest Expense | — | $32.2M | $27.7M | $30.2M | $37.7M | $32.6M | $27.1M | $27.0M |
| Pretax Income | $-44.6M | $-38.6M | $-43.5M | $54.0M | $65.3M | $-38.9M | $29.1M | $-19.8M |
| Income Tax Expense | $-5.7M | $-6.2M | $-4.7M | $50.5M | $21.3M | $-13.6M | $9.0M | $-5.9M |
| Net Income | $34.9M | $53.4M | $14.0M | $-8.3M | $38.1M | $-29.2M | $18.4M | $23.9M |
| Net Margin | 7,157.2% | 3,511.0% | 658.7% | -0.6% | 3.2% | -3.6% | 2.4% | 3.8% |
| EPS (Basic) | $0.93 | $1.44 | $0.38 | $-0.23 | $1.13 | $-0.86 | $0.52 | $0.69 |
| EPS (Diluted) | $0.76 | $1.34 | $0.34 | $-0.23 | $1.09 | $-0.86 | $0.50 | $0.69 |
| Shares Outstanding (Basic) | 37.6M | 36.9M | 36.7M | 35.5M | 33.2M | 33.9M | 34.6M | 34.7M |
| Shares Outstanding (Diluted) | 37.6M | 36.9M | 36.7M | 35.5M | 33.7M | 33.9M | 34.6M | 34.7M |
| Dividends Per Share | $0.24 | $0.49 | $0.20 | $0.16 | $0.16 | $0.16 | $0.16 | $0.14 |