Trupanion (TRUP) revenue breakdown

Financial Services · Insurance - Property & Casualty · Market cap $1.1B

By segment, Subscription business is the largest at 69% of fiscal 2025 revenue; Other Operating Segment grew fastest, 41% a year over 7 years.

By region, United States is the largest at 83% of fiscal 2024 revenue, growing 28% a year over 6 years.

Revenue by segment

Fiscal years, as Trupanion reports them in its 10-K filings; fiscal 2025 total $1.4B.

Segments20182019202020212022202320242025Share
Subscription business$264M$321M$388M$495M$597M$713M$857M$989M 69%
Other Operating Segment$40M$63M$114M$204M$309M$396M$429M$450M 31%

Revenue by region

Fiscal years, as Trupanion reports them in its 10-K filings; fiscal 2024 total $1.3B.

Regions2018201920202021202220232024Share
United States$246M$316M$419M$581M$764M$935M$1.1B 83%
Canada and other$58M$68M$83M$118M$141M$173M$213M 17%
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Questions

Where does Trupanion make its money?

In fiscal 2025, by segment: Subscription business $989M, Other Operating Segment $450M.

From Trupanion's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.