Subscription Business was Trupanion’s largest segment in fiscal 2025, bringing in $989.34M of $1.44B (69%).
| Segment | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Subscription Business | $596.61M | $712.91M | $856.52M | $989.34M | ||||||||||
| Other Operating | $308.57M | $395.70M | $429.16M | $449.97M | ||||||||||
| Other Segments | — | — | — | — | ||||||||||
| Total | $905.18M | $1.11B | $1.29B | $1.44B |
Trupanion brought in $1.44B from its two segments in fiscal 2025, the year ended December 31, 2025. That was up 11.9% from $1.29B in fiscal 2024. Subscription Business was the largest at $989.34M (68.7%), ahead of Other Operating at $449.97M (31.3%).
Compared with fiscal 2024, Subscription Business grew 15.5% to $989.34M and Other Operating grew 4.8% to $449.97M. From fiscal 2022 to 2025, combined revenue from these segments grew from $905.18M to $1.44B, a compound annual growth rate of 16.7%. Subscription Business' share of the total rose from 65.9% to 68.7%.
United States was Trupanion’s largest region in fiscal 2024, bringing in $1.07B of $1.29B (83%).
| Geography | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $580.97M | $764.35M | $935.31M | $1.07B | |||||||||
| Canada & Other | $118.03M | $140.83M | $173.29M | $212.53M | |||||||||
| Canada | — | — | — | — | |||||||||
| Total | $698.99M | $905.18M | $1.11B | $1.29B |
Trupanion brought in $1.29B from its two regions in fiscal 2024, the year ended December 31, 2024. That was up 16.0% from $1.11B in fiscal 2023. United States was the largest at $1.07B (83.5%), ahead of Canada & Other at $212.53M (16.5%).
Compared with fiscal 2023, Canada & Other grew 22.6% to $212.53M and United States grew 14.7% to $1.07B. From fiscal 2021 to 2024, combined revenue from these regions grew from $698.99M to $1.29B, a compound annual growth rate of 22.5%. United States' share held steady at about 83.5%.
Trupanion (TRUP) reports its revenue by segment and by geography. In fiscal 2025, Subscription Business was its largest segment, bringing in $989.34M (68.7% of the total), followed by Other Operating at $449.97M (31.3%).
Subscription Business was Trupanion's largest segment in fiscal 2025, bringing in $989.34M, or 68.7% of the $1.44B total across its two segments.
United States was Trupanion's largest region in fiscal 2024, bringing in $1.07B, or 83.5% of the $1.29B total across its two regions.
Subscription Business grew faster than Other Operating in fiscal 2025, up 15.5% from $856.52M to $989.34M. Other Operating grew 4.8% to $449.97M.
Every figure comes from Trupanion's annual financial filings, as reported. Each line keeps the name Trupanion gives it, and years follow its fiscal calendar.
Trupanion's revenue by segment goes back to fiscal 2012, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.