PetIQ (PETQ) Revenue & Revenue Breakdown

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PetIQ Revenue Highlights

Latest Revenue (Y)

$1.10M

Latest Revenue (Q)

$328.94M

Main Segment (Y)

Product

Main Geography (Y)

Non-US

PetIQ Revenue by Period

PetIQ Revenue by Year

Date	Revenue	Change
2023-12-31	$1.10M	-99.88%
2022-12-31	$921.51M	-1.18%
2021-12-31	$932.53M	19.55%
2020-12-31	$780.05M	9.95%
2019-12-31	$709.43M	34.21%
2018-12-31	$528.61M	98.22%
2017-12-31	$266.69M	33.24%
2016-12-31	$200.16M	-2.69%
2015-12-31	$205.69M	-

PetIQ generated $1.10M in revenue during NA 2023, up -99.88% compared to the previous quarter, and up 0.21% compared to the same period a year ago.

PetIQ Revenue by Quarter

Date	Revenue	Change
2024-06-30	$328.94M	6.65%
2024-03-31	$308.44M	40.25%
2023-12-31	$219.93M	-20.61%
2023-09-30	$277.02M	-11.93%
2023-06-30	$314.55M	8.29%
2023-03-31	$290.47M	57.80%
2022-12-31	$184.08M	-12.23%
2022-09-30	$209.72M	-16.78%
2022-06-30	$252.01M	-8.59%
2022-03-31	$275.69M	40.21%
2021-12-31	$196.64M	-6.60%
2021-09-30	$210.53M	-22.32%
2021-06-30	$271.01M	6.55%
2021-03-31	$254.35M	54.89%
2020-12-31	$164.21M	1.31%
2020-09-30	$162.08M	-39.29%
2020-06-30	$266.98M	42.94%
2020-03-31	$186.78M	21.02%
2019-12-31	$154.34M	-17.03%
2019-09-30	$186.03M	-15.69%
2019-06-30	$220.63M	48.64%
2019-03-31	$148.44M	33.70%
2018-12-31	$111.02M	-15.50%
2018-09-30	$131.38M	-23.23%
2018-06-30	$171.14M	48.73%
2018-03-31	$115.07M	121.60%
2017-12-31	$51.93M	-14.25%
2017-09-30	$60.55M	-30.54%
2017-06-30	$87.18M	30.06%
2017-03-31	$67.03M	49.24%
2016-12-31	$44.91M	7.78%
2016-09-30	$41.67M	-32.00%
2016-06-30	$61.28M	17.17%
2016-03-31	$52.30M	-

PetIQ generated $328.94M in revenue during Q2 2024, up 6.65% compared to the previous quarter, and up 113.24% compared to the same period a year ago.

PetIQ Revenue Breakdown

PetIQ Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Service	$133.81M	$121.21M	$54.35M	-	-
Product	$968.15M	$800.30M	$825.39M	$725.71M	-
Product Segment	-	-	-	-	$610.99M
Services Segment	-	-	-	-	$92.31M

PetIQ's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (87.86%), and Service (12.14%).

Quarterly Revenue by Product

Product/Service	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	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	Mar 19
Product	$276.89M	$191.33M	$239.66M	$278.17M	$258.99M	$219.01M	$247.75M	$170.95M	$181.56M	$242.86M	$230.03M	$145.06M	$150.06M	$264.31M	$166.28M	$134.89M	$161.53M	$194.61M	$126.08M	-
Service	$31.55M	$28.60M	$37.35M	$36.38M	$31.48M	$33.00M	$28.98M	$28.15M	$24.31M	$19.15M	$12.02M	$2.67M	$20.50M	$19.44M	$24.49M	$26.03M	$22.35M	-	-	-
Product Segment	-	-	-	-	-	$176.22M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Services Segment	-	-	-	-	-	$33.51M	-	-	-	-	-	-	-	-	-	-	-	-	-	-

PetIQ's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Product (89.77%), and Service (10.23%).

PetIQ Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 20	Dec 19	Dec 18
Non-US	$7.80M	-	-	-
Services Segment	-	$54.35M	-	-
U	-	-	$92.31M	$78.39M
Non Us	-	-	$6.13M	$5.87M

PetIQ's latest annual revenue breakdown by geography, as of Dec 23: Non-US (100.00%).

Quarterly Revenue by Country

Country	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Sep 22	Jun 22	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18
Non-US	$1.16M	$6.10M	$1.70M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Services Segment	-	-	-	-	-	-	-	$28.98M	$28.15M	$24.31M	$19.15M	$12.02M	$2.67M	$20.50M	$19.44M	$24.49M	$26.03M	-	-	-
U	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$22.35M	-	-
Non Us	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.63M	$1.28M	$1.55M
United States	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$22.86M

PetIQ's latest quarterly revenue breakdown by geography, as of Mar 24: Non-US (100.00%).

PetIQ Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
RDY	Dr. Reddy's Laboratories	$279.16B	-
BHC	Bausch Health Companies	$8.76B	$2.51B
ZTS	Zoetis	$8.54B	$2.39B
NBIX	Neurocrine Biosciences	$1.89B	$622.10M
PBH	Prestige Consumer Healthcare	$1.13B	$283.55M
EBS	Emergent BioSolutions	$1.05B	$254.70M
PAHC	Phibro Animal Health	$977.89M	$273.16M
EVO	Evotec SE	$781.43M	$208.73M
PCRX	Pacira BioSciences	$674.98M	$168.57M
SUPN	Supernus Pharmaceuticals	$607.52M	$175.69M
COLL	Collegium Pharmaceutical	$566.77M	$159.30M
ANIP	ANI Pharmaceuticals	$486.82M	$148.33M
RGC	Regencell Bioscience	-	-

PETQ Revenue FAQ

What is PetIQ’s yearly revenue?

PetIQ's yearly revenue for 2023 was $1.1M, representing a decrease of -99.88% compared to 2022. The company's yearly revenue for 2022 was $921.51M, representing a decrease of -1.18% compared to 2021. PETQ's yearly revenue for 2021 was $932.53M, representing an increase of 19.55% compared to 2020.

What is PetIQ’s quarterly revenue?

PetIQ's quarterly revenue for Q2 2024 was $328.94M, a 6.65% increase from the previous quarter (Q1 2024), and a 4.58% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $308.44M, a 40.25% increase from the previous quarter (Q4 2023), and a 6.19% increase year-over-year (Q1 2023). PETQ's quarterly revenue for Q4 2023 was $219.93M, a -20.61% decrease from the previous quarter (Q3 2023), and a 19.47% increase year-over-year (Q4 2022).

What is PetIQ’s revenue growth rate?

PetIQ's revenue growth rate for the last 3 years (2021-2023) was -99.88%, and for the last 5 years (2019-2023) was -99.84%.

What are PetIQ’s revenue streams?

PetIQ's revenue streams in c 23 are Service, and Product. Service generated $133.81M in revenue, accounting 12.14% of the company's total revenue, up 10.40% year-over-year. Product generated $968.15M in revenue, accounting 87.86% of the company's total revenue, up 20.97% year-over-year.

What is PetIQ’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of PetIQ was Product. This segment made a revenue of $968.15M, representing 87.86% of the company's total revenue.