Tiptree (TIPT) Revenue & Revenue Breakdown
Tiptree Revenue Highlights
Latest Revenue (Y)
$1.63B
Latest Revenue (Q)
$546.67M
Main Segment (Y)
Service Contract Revenue
Tiptree Revenue by Period
Tiptree Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.63B | 16.91% |
| 2022-12-31 | $1.40B | 16.24% |
| 2021-12-31 | $1.20B | 48.39% |
| 2020-12-31 | $810.30M | 4.86% |
| 2019-12-31 | $772.73M | 23.47% |
| 2018-12-31 | $625.83M | 7.94% |
| 2017-12-31 | $579.80M | 2.23% |
| 2016-12-31 | $567.15M | 28.86% |
| 2015-12-31 | $440.12M | 448.00% |
| 2014-12-31 | $80.31M | -17.76% |
| 2013-12-31 | $97.66M | 511.81% |
| 2012-12-31 | $15.96M | 10.27% |
| 2011-12-31 | $14.48M | -57.44% |
| 2010-12-31 | $34.02M | 70.00% |
| 2009-12-31 | $20.01M | -10.11% |
| 2008-12-31 | $22.26M | 72.34% |
| 2007-12-31 | $12.92M | - |
Tiptree generated $1.63B in revenue during NA 2023, up 16.91% compared to the previous quarter, and up 261.11% compared to the same period a year ago.
Tiptree Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $546.67M | 10.33% |
| 2024-03-31 | $495.48M | 12.04% |
| 2023-12-31 | $442.22M | 6.17% |
| 2023-09-30 | $416.51M | 2.97% |
| 2023-06-30 | $404.52M | 6.00% |
| 2023-03-31 | $381.63M | 3.27% |
| 2022-12-31 | $369.53M | 1.66% |
| 2022-09-30 | $363.48M | 6.95% |
| 2022-06-30 | $339.84M | 4.60% |
| 2022-03-31 | $324.90M | 1.68% |
| 2021-12-31 | $319.53M | 11.34% |
| 2021-09-30 | $286.99M | -4.35% |
| 2021-06-30 | $300.05M | 1.82% |
| 2021-03-31 | $294.69M | 14.49% |
| 2020-12-31 | $257.39M | 14.89% |
| 2020-09-30 | $224.04M | 12.47% |
| 2020-06-30 | $199.19M | 53.61% |
| 2020-03-31 | $129.67M | -37.83% |
| 2019-12-31 | $208.57M | 10.25% |
| 2019-09-30 | $189.19M | 3.11% |
| 2019-06-30 | $183.47M | -0.23% |
| 2019-03-31 | $183.90M | 20.69% |
| 2018-12-31 | $152.38M | -11.75% |
| 2018-09-30 | $172.67M | 13.07% |
| 2018-06-30 | $152.71M | 3.13% |
| 2018-03-31 | $148.07M | 58.35% |
| 2017-12-31 | $93.51M | -43.16% |
| 2017-09-30 | $164.52M | 4.21% |
| 2017-06-30 | $157.87M | -3.68% |
| 2017-03-31 | $163.91M | -2.13% |
| 2016-12-31 | $167.47M | 24.87% |
| 2016-09-30 | $134.12M | 0.28% |
| 2016-06-30 | $133.75M | 1.48% |
| 2016-03-31 | $131.81M | -1.52% |
| 2015-12-31 | $133.84M | 12.38% |
| 2015-09-30 | $119.09M | 20.07% |
| 2015-06-30 | $99.18M | 12.69% |
| 2015-03-31 | $88.01M | -553.99% |
| 2014-12-31 | $-19.39M | -147.73% |
| 2014-09-30 | $40.62M | 39.61% |
| 2014-06-30 | $29.09M | -2.98% |
| 2014-03-31 | $29.99M | 2.85% |
| 2013-12-31 | $29.16M | 3.86% |
| 2013-09-30 | $28.07M | 1546.51% |
| 2013-06-30 | $1.71M | -62.27% |
| 2013-03-31 | $4.52M | 12.69% |
| 2012-12-31 | $4.01M | 0.28% |
| 2012-09-30 | $4.00M | 0.55% |
| 2012-06-30 | $3.98M | 0.05% |
| 2012-03-31 | $3.98M | 0.28% |
| 2011-12-31 | $3.96M | 12.71% |
| 2011-09-30 | $3.52M | 1.24% |
| 2011-06-30 | $3.47M | -1.33% |
| 2011-03-31 | $3.52M | -84.54% |
| 2010-12-31 | $22.77M | 515.34% |
| 2010-09-30 | $3.70M | 3.06% |
| 2010-06-30 | $3.59M | -9.32% |
| 2010-03-31 | $3.96M | 3.67% |
| 2009-12-31 | $3.82M | -23.83% |
| 2009-09-30 | $5.01M | -1.18% |
| 2009-06-30 | $5.07M | -17.39% |
| 2009-03-31 | $6.14M | -12.53% |
| 2008-12-31 | $7.02M | 6.10% |
| 2008-09-30 | $6.62M | 74.57% |
| 2008-06-30 | $3.79M | -21.58% |
| 2008-03-31 | $4.83M | -22.23% |
| 2007-12-31 | $6.22M | - |
Tiptree generated $546.67M in revenue during Q2 2024, up 10.33% compared to the previous quarter, and up 143.25% compared to the same period a year ago.
Tiptree Revenue Breakdown
Tiptree Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Vessels | $30.14M | $35.56M | $22.70M | $16.75M | - |
| Other contract revenue | $5.92M | $17.78M | $6.13M | $7.32M | $7.84M |
| Service Contract Revenue | $210.82M | $163.58M | - | - | - |
| Motor Club Revenue | $53.35M | $41.63M | - | - | - |
| Asset management fee income | - | - | - | $1.27M | $6.69M |
| Car club revenue | - | - | $36.16M | $36.08M | $32.24M |
| Warranty coverage revenue | - | - | $98.57M | $27.60M | $26.06M |
Tiptree's latest annual revenue breakdown by segment (product or service), as of Dec 22: Service Contract Revenue (70.22%), Motor Club Revenue (17.77%), Vessels (10.04%), and Other contract revenue (1.97%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other Contract Revenue | $1.76M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Service and Administrative Fees | $181.40M | $93.29M | $84.62M | $75.69M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Motor Club Revenue | $22.64M | $11.52M | $35.28M | $11.60M | $12.52M | $13.62M | $13.95M | $13.22M | $12.56M | - | - | - | - | - | - | - | - | - | - | - |
| Service Contract Revenue | $157.00M | $80.82M | $211.03M | $73.01M | $63.17M | $60.03M | $56.97M | $50.61M | $43.21M | - | - | - | - | - | - | - | - | - | - | - |
| Other contract revenue | - | $958.00K | $919.00K | $1.50M | $780.00K | $997.00K | $2.02M | $2.12M | $2.19M | $3.26M | $6.97M | $5.36M | $1.54M | $1.50M | $1.39M | $1.70M | $1.82M | $1.77M | $2.02M | - |
| Vessels | - | - | - | - | - | $1.81M | $7.83M | $11.65M | $8.86M | $10.52M | $11.43M | $7.92M | $5.70M | $5.48M | $5.52M | $4.46M | $7.25M | - | - | - |
| Warranty coverage revenue | - | - | - | - | - | - | - | - | - | - | $43.09M | $35.81M | $33.07M | $30.26M | $25.89M | $21.21M | $21.22M | $7.23M | $6.42M | $7.12M |
| Car club revenue | - | - | - | - | - | - | - | - | - | - | $11.04M | $9.47M | $9.18M | $8.83M | $8.57M | $9.03M | $9.73M | $9.40M | $9.13M | $8.84M |
| Asset management fee income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Tiptree's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Service and Administrative Fees (50.00%), Service Contract Revenue (43.27%), Motor Club Revenue (6.24%), and Other Contract Revenue (0.49%).
Tiptree Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| RYAN | Ryan Specialty | $2.08B | $695.44M |
| TIPT | Tiptree | $1.63B | $546.67M |
| AGO | Assured Guaranty | $1.37B | $202.00M |
| TRUP | Trupanion | $1.11B | $314.80M |
| ESNT | Essent Group | $1.09B | $312.94M |
| EIG | Employers | $850.90M | $216.90M |
| JRVR | James River Group | $812.01M | $185.82M |
| NMIH | NMI | $579.00M | $161.86M |
| AMSF | AMERISAFE | $306.91M | $75.83M |
| AMBC | Ambac Financial Group | $268.00M | $105.00M |
| ITIC | Investors Title Company | $224.75M | $65.38M |
| ICCH | ICC | $83.16M | $22.18M |
TIPT Revenue FAQ
What is Tiptree’s yearly revenue?
Tiptree's yearly revenue for 2023 was $1.63B, representing an increase of 16.91% compared to 2022. The company's yearly revenue for 2022 was $1.4B, representing an increase of 16.24% compared to 2021. TIPT's yearly revenue for 2021 was $1.2B, representing an increase of 48.39% compared to 2020.
What is Tiptree’s quarterly revenue?
Tiptree's quarterly revenue for Q2 2024 was $546.67M, a 10.33% increase from the previous quarter (Q1 2024), and a 35.14% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $495.48M, a 12.04% increase from the previous quarter (Q4 2023), and a 29.83% increase year-over-year (Q1 2023). TIPT's quarterly revenue for Q4 2023 was $442.22M, a 6.17% increase from the previous quarter (Q3 2023), and a 19.67% increase year-over-year (Q4 2022).
What is Tiptree’s revenue growth rate?
Tiptree's revenue growth rate for the last 3 years (2021-2023) was 35.90%, and for the last 5 years (2019-2023) was 111.47%.
What are Tiptree’s revenue streams?
Tiptree's revenue streams in c 22 are Vessels, Other contract revenue, Service Contract Revenue, and Motor Club Revenue. Vessels generated $30.14M in revenue, accounting 10.04% of the company's total revenue, down -15.24% year-over-year. Other contract revenue generated $5.92M in revenue, accounting 1.97% of the company's total revenue, down -66.73% year-over-year. Service Contract Revenue generated $210.82M in revenue, accounting 70.22% of the company's total revenue, up 28.87% year-over-year. Motor Club Revenue generated $53.35M in revenue, accounting 17.77% of the company's total revenue, up 28.13% year-over-year.
What is Tiptree’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Tiptree was Service Contract Revenue. This segment made a revenue of $210.82M, representing 70.22% of the company's total revenue.