Trupanion (TRUP) Revenue & Revenue Breakdown

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Trupanion Revenue Highlights

Latest Revenue (Y)

$1.11B

Latest Revenue (Q)

$327.46M

Main Segment (Y)

Subscription business

Main Geography (Y)

UNITED STATES

Trupanion Revenue by Period

Trupanion Revenue by Year

Date	Revenue	Change
2023-12-31	$1.11B	22.47%
2022-12-31	$905.18M	29.50%
2021-12-31	$698.99M	39.23%
2020-12-31	$502.03M	30.76%
2019-12-31	$383.94M	26.31%
2018-12-31	$303.96M	25.26%
2017-12-31	$242.67M	28.92%
2016-12-31	$188.23M	28.08%
2015-12-31	$146.96M	26.79%
2014-12-31	$115.91M	38.27%
2013-12-31	$83.83M	50.96%
2012-12-31	$55.53M	49.90%
2011-12-31	$37.05M	-

Trupanion generated $1.11B in revenue during NA 2023, up 22.47% compared to the previous quarter, and up 364.73% compared to the same period a year ago.

Trupanion Revenue by Quarter

Date	Revenue	Change
2024-09-30	$327.46M	4.02%
2024-06-30	$314.80M	2.84%
2024-03-31	$306.12M	3.47%
2023-12-31	$295.86M	3.50%
2023-09-30	$285.85M	5.65%
2023-06-30	$270.57M	5.55%
2023-03-31	$256.33M	4.19%
2022-12-31	$246.01M	5.24%
2022-09-30	$233.76M	6.54%
2022-06-30	$219.41M	6.51%
2022-03-31	$206.00M	5.98%
2021-12-31	$194.38M	7.00%
2021-09-30	$181.67M	7.97%
2021-06-30	$168.26M	8.78%
2021-03-31	$154.69M	8.41%
2020-12-31	$142.69M	9.66%
2020-09-30	$130.12M	10.35%
2020-06-30	$117.92M	5.95%
2020-03-31	$111.30M	5.52%
2019-12-31	$105.48M	6.25%
2019-09-30	$99.28M	7.68%
2019-06-30	$92.20M	6.00%
2019-03-31	$86.98M	5.25%
2018-12-31	$82.64M	5.73%
2018-09-30	$78.16M	6.50%
2018-06-30	$73.39M	5.21%
2018-03-31	$69.76M	4.83%
2017-12-31	$66.55M	5.43%
2017-09-30	$63.12M	8.31%
2017-06-30	$58.27M	6.48%
2017-03-31	$54.73M	6.60%
2016-12-31	$51.34M	6.16%
2016-09-30	$48.36M	5.51%
2016-06-30	$45.83M	7.34%
2016-03-31	$42.70M	6.21%
2015-12-31	$40.20M	6.17%
2015-09-30	$37.87M	6.40%
2015-06-30	$35.59M	6.84%
2015-03-31	$33.31M	4.52%
2014-12-31	$31.87M	5.13%
2014-09-30	$30.31M	7.91%
2014-06-30	$28.09M	9.56%
2014-03-31	$25.64M	6.78%
2013-12-31	$24.01M	8.48%
2013-09-30	$22.13M	11.55%
2013-06-30	$19.84M	11.21%
2013-03-31	$17.84M	-

Trupanion generated $327.46M in revenue during Q3 2024, up 4.02% compared to the previous quarter, and up 121.03% compared to the same period a year ago.

Trupanion Revenue Breakdown

Trupanion Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Other Segments	$395.70M	$308.57M	$204.13M	$114.30M	$62.77M
Subscription business	$712.91M	$596.61M	$494.86M	$387.73M	$321.16M

Trupanion's latest annual revenue breakdown by segment (product or service), as of Dec 23: Subscription business (64.31%), and Other Segments (35.69%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	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
Subscription business	$218.99M	$201.13M	$191.54M	$182.91M	$173.25M	$165.21M	$158.56M	$152.40M	$145.81M	$139.84M	$134.12M	$127.08M	$120.37M	$113.29M	$106.42M	$99.38M	$92.45M	$89.48M	$86.59M	$82.61M
Other Operating Segment	$108.47M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Segments	-	$104.99M	$104.32M	$102.95M	$97.31M	$91.12M	$87.45M	$81.36M	$73.60M	$66.16M	$60.26M	$54.59M	$47.89M	$41.39M	$36.27M	$30.74M	$25.47M	$21.82M	$18.89M	$16.66M

Trupanion's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Subscription business (66.87%), and Other Operating Segment (33.13%).

Trupanion Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
UNITED STATES	$935.31M	$764.35M	$580.97M	$419.16M	$316.14M
CANADA	$173.29M	$140.83M	$118.03M	$82.87M	$67.80M

Trupanion's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (84.37%), and CANADA (15.63%).

Quarterly Revenue by Country

Country	Sep 24	Mar 24	Dec 23	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
Canada and other	$54.63M	$50.15M	$44.79M	$41.89M	$39.40M	$35.95M	$34.62M	$33.25M	$30.21M	$29.13M	$26.93M	-	-	-	-	-	-	-	-	-
UNITED STATES	$272.82M	$255.97M	$248.65M	$241.06M	$228.67M	$216.93M	$209.00M	$197.81M	$184.79M	$172.75M	$162.62M	$151.46M	$139.13M	$127.76M	$118.46M	$109.12M	$99.06M	$92.52M	$87.16M	$81.89M
CANADA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$24.22M	$21.00M	$18.86M	$18.78M	$18.32M	$17.39M

Trupanion's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (83.32%), and Canada and other (16.68%).

Trupanion Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AIZ	Assurant	$11.13B	$2.97B
FAF	First American Financial	$6.00B	$1.65B
AGO	Assured Guaranty	$1.37B	$269.00M
MTG	MGIC Investment	$1.16B	$306.65M
ACT	Enact	$1.15B	$309.59M
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

TRUP Revenue FAQ

What is Trupanion’s yearly revenue?

Trupanion's yearly revenue for 2023 was $1.11B, representing an increase of 22.47% compared to 2022. The company's yearly revenue for 2022 was $905.18M, representing an increase of 29.50% compared to 2021. TRUP's yearly revenue for 2021 was $698.99M, representing an increase of 39.23% compared to 2020.

What is Trupanion’s quarterly revenue?

Trupanion's quarterly revenue for Q3 2024 was $327.46M, a 4.02% increase from the previous quarter (Q2 2024), and a 14.55% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $314.8M, a 2.84% increase from the previous quarter (Q1 2024), and a 16.35% increase year-over-year (Q2 2023). TRUP's quarterly revenue for Q1 2024 was $306.12M, a 3.47% increase from the previous quarter (Q4 2023), and a 19.43% increase year-over-year (Q1 2023).

What is Trupanion’s revenue growth rate?

Trupanion's revenue growth rate for the last 3 years (2021-2023) was 58.60%, and for the last 5 years (2019-2023) was 188.75%.

What are Trupanion’s revenue streams?

Trupanion's revenue streams in c 23 are Other Segments, and Subscription business. Other Segments generated $395.7M in revenue, accounting 35.69% of the company's total revenue, up 28.24% year-over-year. Subscription business generated $712.91M in revenue, accounting 64.31% of the company's total revenue, up 19.49% year-over-year.

What is Trupanion’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Trupanion was Subscription business. This segment made a revenue of $712.91M, representing 64.31% of the company's total revenue.