Tiptree (TIPT) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

Tiptree Revenue Highlights

Latest Revenue (Y)

$1.63B

Latest Revenue (Q)

$494.36M

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
2024-09-30	$494.36M	-8.72%
2024-06-30	$541.61M	9.31%
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 $494.36M in revenue during Q3 2024, up -8.72% compared to the previous quarter, and up 122.21% 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
Service Contract Revenue	$210.82M	$163.58M	-	-	-
Motor Club Revenue	$53.35M	$41.63M	-	-	-
Other contract revenue	$5.92M	$17.78M	$6.13M	$7.32M	$7.84M
Vessels	$30.14M	$35.56M	$22.70M	$16.75M	-
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	Sep 24	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
Other Contract Revenue	$3.12M	$1.76M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service and Administrative Fees	$264.21M	$181.40M	$93.29M	$84.62M	$75.69M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service Contract Revenue	$227.88M	$157.00M	$80.82M	$211.03M	$73.01M	$63.17M	$60.03M	$56.97M	$50.61M	$43.21M	-	-	-	-	-	-	-	-	-	-
Motor Club Revenue	$33.20M	$22.64M	$11.52M	$35.28M	$11.60M	$12.52M	$13.62M	$13.95M	$13.22M	$12.56M	-	-	-	-	-	-	-	-	-	-
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	-
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	-	-
Car club revenue	-	-	-	-	-	-	-	-	-	-	-	$11.04M	$9.47M	$9.18M	$8.83M	$8.57M	$9.03M	$9.73M	$9.40M	$9.13M
Warranty coverage revenue	-	-	-	-	-	-	-	-	-	-	-	$43.09M	$35.81M	$33.07M	$30.26M	$25.89M	$21.21M	$21.22M	$7.23M	$6.42M
Asset management fee income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Tiptree's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Service and Administrative Fees (50.00%), Service Contract Revenue (43.13%), Motor Club Revenue (6.28%), and Other Contract Revenue (0.59%).

Tiptree Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
RYAN	Ryan Specialty	$2.08B	$604.69M
TIPT	Tiptree	$1.63B	$494.36M
AGO	Assured Guaranty	$1.37B	$269.00M
TRUP	Trupanion	$1.11B	$327.46M
ESNT	Essent Group	$1.09B	$316.58M
EIG	Employers	$850.90M	$224.00M
JRVR	James River Group	$812.01M	$188.29M
NMIH	NMI	$579.00M	$484.15B
AMSF	AMERISAFE	$306.91M	$78.69M
AMBC	Ambac Financial Group	$268.00M	$114.00M
ITIC	Investors Title Company	$224.75M	$68.83M
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 Q3 2024 was $494.36M, a -8.72% decrease from the previous quarter (Q2 2024), and a 18.69% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $541.61M, a 9.31% increase from the previous quarter (Q1 2024), and a 33.89% increase year-over-year (Q2 2023). TIPT'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).

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 Service Contract Revenue, Motor Club Revenue, Other contract revenue, and Vessels. 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. Other contract revenue generated $5.92M in revenue, accounting 1.97% of the company's total revenue, down -66.73% year-over-year. Vessels generated $30.14M in revenue, accounting 10.04% of the company's total revenue, down -15.24% 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.