Tiptree Inc.
Tiptree Inc. (TIPT) Financial Performance & Income Statement Overview
Explore the financials of Tiptree Inc. (TIPT), including yearly and quarterly data on income, cash flow, and balance sheets.
Tiptree Inc. (TIPT) Income Statement & Financial Overview
View the income breakdown for Tiptree Inc. TIPT across both annual and quarterly reports.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $496.70M | $503.60M | $494.36M | $541.61M |
| Cost of Revenue | $54.36M | $0.00 | $52.34M | $49.92M |
| Gross Profit | $442.34M | $503.60M | $442.03M | $491.69M |
| Gross Profit Ratio | $0.89 | $1.00 | $0.89 | $0.91 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $80.70M | $75.81M | $95.36M | $70.81M |
| Operating Expenses | $471.35M | $461.40M | $95.36M | $258.97M |
| Total Costs & Expenses | $471.35M | $461.40M | $147.70M | -$492.95M |
| Interest Income | $18.81M | -$3.39M | $0.00 | $13.99M |
| Interest Expense | $10.36M | $8.33M | $7.61M | $8.02M |
| Depreciation & Amortization | $4.88M | $5.40M | $5.39M | $5.29M |
| EBITDA | $40.59M | $55.92M | $49.79M | $54.12M |
| EBITDA Ratio | $0.08 | $0.11 | $0.10 | $0.10 |
| Operating Income | $25.35M | $42.19M | $346.67M | $390.91M |
| Operating Income Ratio | $0.05 | $0.08 | $0.70 | $0.72 |
| Other Income/Expenses (Net) | $0.00 | $0.00 | -$309.88M | -$350.26M |
| Income Before Tax | $25.35M | $42.19M | $36.78M | $40.65M |
| Income Before Tax Ratio | $0.05 | $0.08 | $0.07 | $0.08 |
| Income Tax Expense | $12.38M | $12.85M | $16.31M | $18.67M |
| Net Income | $5.63M | $19.55M | $11.91M | $12.85M |
| Net Income Ratio | $0.01 | $0.04 | $0.02 | $0.02 |
| EPS | $0.15 | $0.56 | $0.30 | $0.35 |
| Diluted EPS | $0.13 | $0.55 | $0.29 | $0.31 |
| Weighted Avg Shares Outstanding | $37.35M | $36.87M | $36.79M | $36.79M |
| Weighted Avg Shares Outstanding (Diluted) | $38.45M | $37.93M | $37.82M | $37.75M |
Over the last four quarters, Tiptree Inc.'s revenue moved from $541.61M in Q2 2024 to $496.70M in Q1 2025. Operating income in Q1 2025 was $25.35M, with a strong operating margin of 5%. Despite fluctuations in R&D and SG&A expenses, EBITDA for Tiptree Inc. remained robust at $40.59M, reflecting operational efficiency. Net income dropped to $5.63M, with an EPS of $0.15. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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