Tiptree Inc. (TIPT) Financial Statements
Industry: Fire, Marine & Casualty Insurance
In fiscal 2025, Tiptree reported revenue of $488,000, down 100.0% from $2.04B the year before. Net income was $34.9M (a 7157.2% net margin), or $0.76 per diluted share. Operating margin was -9574.6%. Operating activities generated $168.2M of cash. At fiscal year end, Tiptree held $6.84B in total assets against $6.09B in total liabilities, including $30.8M of cash and equivalents.
Open the full interactive Tiptree financials → Quarterly statements, key ratios, valuation history and price charts.
Tiptree Key Stats
| Share Price | $17.28 |
|---|---|
| Market Cap | $648.0M |
| P/E Ratio | 22.7 |
| Revenue YoY Growth | -100.0% |
| 52-Week Range | $15.62 – $18.96 |
| Shares Outstanding | 37.5 million (basic, 2026 Q2) |
Tiptree Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $810.3M | $1.20B | $1.40B | $1.65B | $2.04B | $488,000 |
| Cost of Goods Sold | $178.2M | $253.5M | $361.6M | $482.5M | $722.2M | — |
| Gross Profit | $632.1M | $947.0M | $1.04B | $1.17B | $1.32B | — |
| Operating Income | -$217.1M | -$188.1M | -$307.6M | -$399.5M | -$572.9M | -$46.7M |
| Pre-Tax Income | -$38.9M | $65.3M | $54.0M | $83.1M | $149.3M | -$44.6M |
| Income Tax | -$13.6M | $21.3M | $50.5M | $43.1M | $61.7M | -$5.7M |
| Net Income | -$29.2M | $38.1M | -$8.3M | $14.0M | $53.4M | $34.9M |
| Diluted EPS | -$0.86 | $1.09 | -$0.23 | $0.33 | $1.30 | $0.76 |
Tiptree Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $540.3M | — | $0 | $0 |
| Net Income | $6.4M | $3.9M | $14.2M | $389.2M |
| Diluted EPS | $0.13 | $0.10 | $0.34 | $10.30 |
Tiptree Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $136.9M | $175.7M | $538.1M | $468.7M | $320.1M | $30.8M |
| Current Assets | — | — | — | — | — | $54.8M |
| Total Assets | $3.00B | $3.60B | $4.04B | $5.14B | $5.69B | $6.84B |
| Current Liabilities | — | — | — | — | — | $29.1M |
| Total Long-Term Debt | $366.2M | $393.3M | $259.4M | $402.4M | $427.1M | $63.9M |
| Total Liabilities | $2.62B | $3.20B | $3.51B | $4.56B | $5.04B | $6.09B |
| Shareholders' Equity | $356.1M | $383.0M | $397.4M | $416.9M | $457.7M | $508.6M |
Tiptree Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $140.2M | $204.3M | $463.1M | $71.5M | $240.8M | $168.2M |
| Cash From Investing | -$123.5M | -$273.8M | $9.5M | -$244.7M | -$323.0M | -$202.0M |
| Cash From Financing | $31.7M | $73.7M | -$115.2M | $113.4M | $6.3M | $11.5M |
| Free Cash Flow | $133.5M | $201.6M | $452.3M | $57.4M | $236.7M | $168.2M |
| Dividends Paid | — | — | $2.0M | — | — | — |
Figures from Tiptree's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Tiptree financials page for every line item.
Tiptree Company Profile
| Ticker | TIPT |
|---|---|
| Exchange | Nasdaq |
| Industry | Fire, Marine & Casualty Insurance |
| Headquarters | Greenwich, Connecticut |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer, smaller reporting company |
| SEC CIK | 0001393726 |
Frequently Asked Questions
What was Tiptree's revenue in fiscal 2025?
Tiptree (TIPT) reported revenue of $488,000 for fiscal 2025.
What is Tiptree's annual revenue history?
Tiptree's annual revenue by fiscal year: 2020: $810.3M; 2021: $1.20B; 2022: $1.40B; 2023: $1.65B; 2024: $2.04B; 2025: $488,000.
What was Tiptree's net income in fiscal 2025?
Tiptree reported net income of $34.9M for fiscal 2025.
What was Tiptree's earnings per share (EPS) in fiscal 2025?
Tiptree's diluted EPS was $0.76 for fiscal 2025 (adjusted for any later stock splits).
What was Tiptree's revenue last quarter?
In its most recent reported quarter (2026 Q2), Tiptree reported revenue of $0.
How much debt does Tiptree have?
Tiptree reported $63.9M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Tiptree are outstanding?
Tiptree reported a weighted average of 37.5 million basic shares outstanding in 2026 Q2.
What is Tiptree's market cap?
Based on its latest closing price, Tiptree (TIPT) has a market capitalization of about $648.0M.
When does Tiptree's fiscal year end?
Tiptree's fiscal year end, as registered with the SEC, is December 31.
Where is Tiptree headquartered?
Tiptree lists its business address in Greenwich, Connecticut in its SEC filings.