Trupanion (TRUP) Revenue & Revenue Breakdown
Trupanion Revenue Highlights
Latest Revenue (Y)
$1.11B
Latest Revenue (Q)
$314.80M
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 |
|---|---|---|
| 2024-06-30 | $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 $314.80M in revenue during Q2 2024, up 2.84% compared to the previous quarter, and up 122.81% 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 | 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 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Subscription business | $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 | $77.74M |
| 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 | $14.46M |
Trupanion's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Subscription business (65.70%), and Other Segments (34.30%).
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 | 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 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Canada and other | $50.15M | $44.79M | $41.89M | $39.40M | $35.95M | $34.62M | $33.25M | $30.21M | $29.13M | $26.93M | - | - | - | - | - | - | - | - | - | - |
| UNITED STATES | $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 | $75.93M |
| CANADA | - | - | - | - | - | - | - | - | - | - | - | - | - | $24.22M | $21.00M | $18.86M | $18.78M | $18.32M | $17.39M | $16.27M |
Trupanion's latest quarterly revenue breakdown by geography, as of Mar 24: UNITED STATES (83.62%), and Canada and other (16.38%).
Trupanion Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| AIZ | Assurant | $11.13B | $2.92B |
| FAF | First American Financial | $6.00B | $1.37B |
| AGO | Assured Guaranty | $1.37B | $202.00M |
| MTG | MGIC Investment | $1.16B | $305.28M |
| ACT | Enact | $1.15B | $296.63M |
| 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 |
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 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). The company'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). TRUP's quarterly revenue for Q4 2023 was $295.86M, a 3.50% increase from the previous quarter (Q3 2023), and a 20.26% increase year-over-year (Q4 2022).
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.