Trupanion (TRUP) Revenue & Revenue Breakdown

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Trupanion Revenue Highlights

Latest Revenue (Y)

$1.29B

Latest Revenue (Q)

$341.98M

Main Segment (Y)

Subscription business

Main Geography (Y)

UNITED STATES

Trupanion Revenue by Period

Trupanion Revenue by Year

Date	Revenue	Change
2024-12-31	$1.29B	15.97%
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 $1.29B in revenue during NA 2024, up 15.97% compared to the previous quarter, and up 334.87% compared to the same period a year ago.

Trupanion Revenue by Quarter

Date	Revenue	Change
2025-03-31	$341.98M	1.38%
2024-12-31	$337.31M	3.01%
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 $341.98M in revenue during Q1 2025, up 1.38% compared to the previous quarter, and up 115.59% compared to the same period a year ago.

Trupanion Revenue Breakdown

Trupanion Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Subscription business	$856.52M	$712.91M	$596.61M	$494.86M	$387.73M
Other Operating Segment	$429.16M	-	-	-	-
Other Segments	-	$395.70M	$308.57M	$204.13M	$114.30M

Trupanion's latest annual revenue breakdown by segment (product or service), as of Dec 24: Subscription business (66.62%), and Other Operating Segment (33.38%).

Quarterly Revenue by Product

Product/Service	Mar 25	Dec 24	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
Other Operating Segment	$108.91M	$320.69M	$108.47M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subscription business	$233.06M	$436.40M	$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
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

Trupanion's latest quarterly revenue breakdown by segment (product or service), as of Mar 25: Subscription business (68.15%), and Other Operating Segment (31.85%).

Trupanion Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
CANADA	$212.53M	$173.29M	$140.83M	$118.03M	$82.87M
UNITED STATES	$1.07B	$935.31M	$764.35M	$580.97M	$419.16M

Trupanion's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (83.47%), and CANADA (16.53%).

Quarterly Revenue by Country

Country	Mar 25	Dec 24	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
UNITED STATES	$285.82M	$544.35M	$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
Canada and other	$56.15M	$54.63M	$50.15M	$44.79M	$41.89M	$39.40M	$35.95M	$34.62M	$33.25M	$30.21M	$29.13M	$26.93M	-	-	-	-	-	-	-	-
CANADA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$24.22M	$21.00M	$18.86M	$18.78M

Trupanion's latest quarterly revenue breakdown by geography, as of Mar 25: UNITED STATES (83.58%), and Canada and other (16.42%).

Trupanion Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
NMIH	NMI	$650.97B	$173.25B
AIZ	Assurant	$11.88B	$3.10B
FAF	First American Financial	$6.13B	$1.58B
TRUP	Trupanion	$1.29B	$341.98M
ESNT	Essent Group	$1.24B	$339.27M
MTG	MGIC Investment	$1.21B	$306.23M
ACT	Enact	$1.20B	$306.78M
EIG	Employers	$880.70M	$202.60M
AGO	Assured Guaranty	$872.00M	$152.00M
JRVR	James River Group	$707.63M	$172.29M
AMSF	AMERISAFE	$309.04M	$72.60M
AMBC	Ambac Financial Group	$235.81M	$62.76M
ITIC	Investors Title	$5.49M	$56.56M

TRUP Revenue FAQ

What is Trupanion’s yearly revenue?

Trupanion's yearly revenue for 2024 was $1.29B, representing an increase of 15.97% compared to 2023. The company's yearly revenue for 2023 was $1.11B, representing an increase of 22.47% compared to 2022. TRUP's yearly revenue for 2022 was $905.18M, representing an increase of 29.50% compared to 2021.

What is Trupanion’s quarterly revenue?

Trupanion's quarterly revenue for Q1 2025 was $341.98M, a 1.38% increase from the previous quarter (Q4 2024), and a 11.71% increase year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $337.31M, a 3.01% increase from the previous quarter (Q3 2024), and a 14.01% increase year-over-year (Q4 2023). TRUP'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).

What is Trupanion’s revenue growth rate?

Trupanion's revenue growth rate for the last 3 years (2022-2024) was 42.04%, and for the last 5 years (2020-2024) was 156.10%.

What are Trupanion’s revenue streams?

Trupanion's revenue streams in c 24 are Subscription business, and Other Operating Segment. Subscription business generated $856.52M in revenue, accounting 66.62% of the company's total revenue, up 20.15% year-over-year. Other Operating Segment generated $429.16M in revenue, accounting 33.38% of the company's total revenue

What is Trupanion’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Trupanion was Subscription business. This segment made a revenue of $856.52M, representing 66.62% of the company's total revenue.