{"schema_version":"secwatch.filing_event.v1","accession":"0001371285-23-000141","form_type":"8-K","ticker":"TRUP","cik":"0001371285","company_name":"TRUPANION, INC.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.596328+00:00","generated_at":"2026-06-15T21:21:23.084736+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Trupanion Q1 revenue $256.3M (+24% YoY) but net loss widens to $(24.8)M; subscription pets +23%","bullets":["Total revenue $256.3M (+24% YoY); subscription revenue $165.2M (+18% YoY, +20% constant currency).","Net loss $(24.8)M ($(0.60)/share) vs $(8.9)M ($(0.22)/share) in Q1 2022; includes $8.6M non-recurring items.","Adjusted EBITDA $(4.9)M vs positive $1.2M last year; operating cash flow $(6.9)M; free cash flow $(12.0)M.","Total enrolled pets 1,616,865 (+28% YoY); subscription enrolled pets 906,369 (+23% YoY).","CEO cites 15% veterinary inflation pressuring margins but driving demand; focusing on margin targets."],"urls":{"canonical":"https://secwatch.observer/filing/0001371285-23-000141","json":"https://secwatch.observer/filing/0001371285-23-000141.json","markdown":"https://secwatch.observer/filing/0001371285-23-000141.md","text":"https://secwatch.observer/filing/0001371285-23-000141.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1371285/000137128523000141/0001371285-23-000141-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1371285/000137128523000141/trup-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T21:21:23.084736+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9b1c80f5d3aa05cb682fdd69c561926e30d72bae","claim":"TRUPANION, INC. reported the first quarter ended March 31, 2023 results: revenue $256.3 million, net income $(24.8) million, EPS $(0.60) per basic and diluted share.","evidence_excerpt":"on successfully executing the second half of our 60-month plan and achieving our margin targets.\" First Quarter 2023 Financial and Business Highlights • Total revenue was $256.3 million, an increase of 24% compared to the first quarter of 2022. • Total enrolled pets (including pets from our other business segment) was 1,616,865 at March 31, 2023, an increase of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1371285/000137128523000141/0001371285-23-000141-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$256.3 million"},{"label":"Net income","value":"$(24.8) million"},{"label":"EPS","value":"$(0.60) per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}