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Inspire Veterinary Partners (IVP) Revenue & Revenue Breakdown

OverviewFinancialsChart

Inspire Veterinary Partners Revenue Highlights

Latest Revenue (Y)

$16.59M

Latest Revenue (Q)

$3.64M

Main Segment (Y)

Service

Inspire Veterinary Partners Revenue by Period

Inspire Veterinary Partners Revenue by Year

DateRevenueChange
2024-12-31$16.59M-0.50%
2023-12-31$16.68M69.56%
2022-12-31$9.83M285.81%
2021-12-31$2.55M100.00%
2020-12-31--

Inspire Veterinary Partners generated $16.59M in revenue during NA 2024, up -0.50% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Inspire Veterinary Partners Revenue by Quarter

DateRevenueChange
2025-03-31$3.64M9.58%
2024-12-31$3.32M-17.98%
2024-09-30$4.05M-7.78%
2024-06-30$4.39M-9.13%
2024-03-31$4.83M27.69%
2023-12-31$3.78M-8.15%
2023-09-30$4.12M-8.24%
2023-06-30$4.49M4.83%
2023-03-31$4.28M34.69%
2022-12-31$3.18M8.73%
2022-09-30$2.92M26.08%
2022-06-30$2.32M64.26%
2022-03-31$1.41M38.03%
2021-12-31$1.02M58.01%
2021-09-30$647.43K47.36%
2021-06-30$439.36K-0.00%
2021-03-31$439.36K-

Inspire Veterinary Partners generated $3.64M in revenue during Q1 2025, up 9.58% compared to the previous quarter, and up 96.18% compared to the same period a year ago.

Inspire Veterinary Partners Revenue Breakdown

Inspire Veterinary Partners Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23
Service$12.19M$11.88M
Product$4.40M$4.80M

Inspire Veterinary Partners's latest annual revenue breakdown by segment (product or service), as of Dec 24: Service (73.46%), and Product (26.54%).

Quarterly Revenue by Product

Product/ServiceMar 25Dec 24Sep 24Mar 24Dec 23Sep 23
Service$2.74M$5.67M$2.97M$3.55M$8.94M$2.94M
Product$898.18K$2.04M$1.08M$1.29M$3.61M$1.18M

Inspire Veterinary Partners's latest quarterly revenue breakdown by segment (product or service), as of Mar 25: Service (75.32%), and Product (24.68%).

IVP Revenue FAQ

What is Inspire Veterinary Partners’s yearly revenue?

Inspire Veterinary Partners's yearly revenue for 2024 was $16.59M, representing a decrease of -0.50% compared to 2023. The company's yearly revenue for 2023 was $16.68M, representing an increase of 69.56% compared to 2022. IVP's yearly revenue for 2022 was $9.83M, representing an increase of 285.81% compared to 2021.

What is Inspire Veterinary Partners’s quarterly revenue?

Inspire Veterinary Partners's quarterly revenue for Q1 2025 was $3.64M, a 9.58% increase from the previous quarter (Q4 2024), and a -24.68% decrease year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $3.32M, a -17.98% decrease from the previous quarter (Q3 2024), and a -12.23% decrease year-over-year (Q4 2023). IVP's quarterly revenue for Q3 2024 was $4.05M, a -7.78% decrease from the previous quarter (Q2 2024), and a -1.71% decrease year-over-year (Q3 2023).

What is Inspire Veterinary Partners’s revenue growth rate?

Inspire Veterinary Partners's revenue growth rate for the last 3 years (2022-2024) was 68.71%, and for the last 5 years (2020-2024) was 0%.

What are Inspire Veterinary Partners’s revenue streams?

Inspire Veterinary Partners's revenue streams in c 24 are Service, and Product. Service generated $12.19M in revenue, accounting 73.46% of the company's total revenue, up 2.60% year-over-year. Product generated $4.4M in revenue, accounting 26.54% of the company's total revenue, down -8.17% year-over-year.

What is Inspire Veterinary Partners’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Inspire Veterinary Partners was Service. This segment made a revenue of $12.19M, representing 73.46% of the company's total revenue.