Tiptree Inc. (TIPT) Financial Statements (2026 and earlier)

Company Profile

Business Address 660 STEAMBOAT ROAD
GREENWICH, CT 06830
State of Incorp. MD
Fiscal Year End December 31
Industry (SIC) 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments52,485428,687537,019623,841314,201260,758
Cash and cash equivalent30,784320,067468,711538,065175,718136,920
Short-term investments21,701108,62068,30885,776138,483123,838
Disposal group, including discontinued operation    9,1729,3604,879
Other current assets2,361     
Total current assets:54,846428,687537,019633,013323,561265,637
Noncurrent Assets
Operating lease, right-of-use asset8,30127,81631,46931,49923,87027,291
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization6,26227,32129,62421,82914,87815,798
Intangible asset, including goodwill, after accumulated amortization  309,565324,912303,623301,861317,451
Goodwill  206,706206,155186,608179,103179,236
Intangible asset, excluding goodwill, after accumulated amortization  102,859118,757117,015122,758138,215
Disposal group, including discontinued operation, noncurrent assets6,768,387     
Other noncurrent assets2,269     
Total noncurrent assets:6,785,219364,702386,005356,951340,609360,540
Other undisclosed assets  4,901,4004,216,2893,049,5992,934,9772,369,583
TOTAL ASSETS:6,840,0655,694,7895,139,3134,039,5633,599,1472,995,760
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt8,138     
Other liabilities20,964     
Total current liabilities:29,102     
Noncurrent Liabilities
Long-term debt and lease obligation63,948     
Long-term debt, excluding current maturities63,948     
Liabilities, other than long-term debt5,994,616170,802139,84590,39140,049 
Deferred income tax liabilities80,390170,802139,84590,39140,049 
Disposal group, including discontinued operation, liabilities5,905,572     
Operating lease, liability8,654     
Total noncurrent liabilities:6,058,564170,802139,84590,39140,049 
Other undisclosed liabilities  4,867,2164,422,9033,415,5993,158,9172,622,222
Total liabilities:6,087,6665,038,0184,562,7483,505,9903,198,9662,622,222
Equity
Equity, attributable to parent508,551457,698416,866397,365382,954356,144
Common stock383737363433
Additional paid in capital394,435389,693382,239382,645317,459315,014
Accumulated other comprehensive income (loss)(7,496)(27,750)(26,073)(39,429)(2,685)5,674
Retained earnings121,57495,71860,66354,11368,14635,423
Equity, attributable to noncontrolling interest243,848199,073159,699136,20817,227 
Other undisclosed equity      17,394
Total equity:752,399656,771576,565533,573400,181373,538
TOTAL LIABILITIES AND EQUITY:6,840,0655,694,7895,139,3134,039,5633,599,1472,995,760

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues4882,042,8541,649,0311,397,7521,200,514810,301
Premiums earned, net 1,471,9301,127,834904,765685,552477,991
Other operating income48866,80258,90376,18573,40751,910
Cost of revenue (657,599)(583,589)(479,125)(375,052)(265,781)
Provision for loan, lease, and other losses      
Deferred policy acquisition costs, amortization expense  (657,599)(583,589)(479,125)(375,052)(265,781)
Other undisclosed gross profit      
Gross profit:4881,385,2551,065,442918,627825,462544,520
Operating expenses(47,212)(1,893,535)(1,565,978)(1,343,741)(1,135,172)(849,153)
Operating loss:(46,724)(508,280)(500,536)(425,114)(309,710)(304,633)
Nonoperating income2,122     
Investment income, nonoperating(1,518)     
Other nonoperating income3,640     
Interest and debt expense (32,248)(27,692)(940)(37,674)(353)
Other undisclosed income from continuing operations before equity method investments, income taxes      
Loss from continuing operations before equity method investments, income taxes:(44,602)(540,528)(528,228)(426,054)(347,384)(304,986)
Other undisclosed income (loss) from continuing operations before income taxes 689,847611,281480,065412,726266,134
Income (loss) from continuing operations before income taxes:(44,602)149,31983,05354,01165,342(38,852)
Income tax expense (benefit)5,691(61,652)(43,056)(50,450)(21,291)13,627
Income (loss) from continuing operations:(38,911)87,66739,9973,56144,051(25,225)
Income (loss) before gain (loss) on sale of properties:✕✕✕✕✕44,051(25,225)
Income from discontinued operations73,838     
Other undisclosed net income      
Net income (loss):34,92787,66739,9973,56144,051(25,225)
Net loss attributable to noncontrolling interest (34,300)(26,046)(11,835)(5,919) 
Other undisclosed net income (loss) attributable to parent     (3,933)
Net income (loss) attributable to parent:34,92753,36713,951(8,274)38,132(29,158)
Other undisclosed net income (loss) available to common stockholders, basic (422)(100) (703) 
Net income (loss) available to common stockholders, basic:34,92752,94513,851(8,274)37,429(29,158)
Interest on convertible debt     9 
Dilutive securities, effect on basic earnings per share(6,428)(3,665)(1,298) (780) 
Other undisclosed net loss available to common stockholders, diluted      
Net income (loss) available to common stockholders, diluted:28,49949,28012,553(8,274)36,658(29,158)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income (loss):34,92787,66739,9973,56144,051(25,225)
Other comprehensive income (loss)27,471(2,552)18,111(47,668)(8,388)3,949
Comprehensive income (loss):62,39885,11558,108(44,107)35,663(21,276)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(7,217)(33,425)(30,801)(8,104)(5,890) 
Other undisclosed comprehensive loss, net of tax, attributable to parent      (3,948)
Comprehensive income (loss), net of tax, attributable to parent:55,18151,69027,307(52,211)29,773(25,224)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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