Tiptree Inc., through its subsidiaries, underwrites and administers specialty insurance products primarily in the United States. The company operates in two segments, Insurance and Mortgage. It offers niche commercial and personal lines insurance, credit insurance and collateral protection products, and warranty and service contract products and solutions, as well as premium finance services. The company also offers mortgage loans for institutional investors; and maritime shipping services, as well as invests in shares. It markets its products through a network of independent insurance agents, consumer finance companies, auto dealers, retailers, brokers, and managing general agencies. The company was formerly known as Tiptree Financial Inc. and changed its name to Tiptree Inc. in December 2016. Tiptree Inc. was incorporated in 2007 and is based in New York, New York.
Revenue of Tiptree Inc. (TIPT)
Revenue in 2023 (TTM): $1.63 B
According to Tiptree Inc.'s latest financial reports the company's current revenue (TTM) is $1.63 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Tiptree Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $1.63 B | $429.29 M | $-2,680,000 | $83.05 M | $13.95 M |
| 2022 | $1.4 B | $1.22 B | $73.22 M | $54.01 M | $3.56 M |
| 2021 | $1.2 B | $995.12 M | $37.54 M | $65.34 M | $38.13 M |
| 2020 | $810.3 M | $637.56 M | $-77,117,000 | $-38,852,000 | $-25,225,000 |
| 2019 | $772.73 M | $643.25 M | $-18,941,000 | $29.14 M | $18.36 M |
| 2018 | $625.83 M | $211.27 M | $19.81 M | $-19,796,000 | $23.93 M |
| 2017 | $579.8 M | $463.86 M | $73.58 M | $-3,330,000 | $3.6 M |
| 2016 | $567.15 M | $427.54 M | $224.57 M | $43.32 M | $25.32 M |
| 2015 | $440.12 M | $438.26 M | $114.6 M | $-12,439,000 | $5.78 M |
| 2014 | $80.31 M | $70.2 M | $31.4 M | $788 K | $-1,710,000 |
| 2013 | $97.66 M | $100.91 M | $50.45 M | $6.25 M | $-9,199,000 |
| 2012 | $15.96 M | $14.52 M | $9.68 M | $-510,000 | $-510,000 |
| 2011 | $14.48 M | $14.48 M | $25.9 M | $16.53 M | $16.53 M |
| 2010 | $34.02 M | $34.02 M | $3.93 M | $-2,826,000 | $3.75 M |
| 2009 | $20.01 M | $20.01 M | $6.95 M | $-2,826,000 | $-2,826,000 |
| 2008 | $22.26 M | $22.26 M | $-7,538,000 | $-30,806,000 | $-30,806,000 |
| 2007 | $12.92 M | $12.92 M | $16.27 M | $ | $-1,557,000 |