---
schema_version: "secwatch.filing_event.v1"
accession: "0001371285-23-000214"
form_type: "8-K"
ticker: "TRUP"
cik: "0001371285"
company_name: "TRUPANION, INC."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:35:45.264956+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Trupanion Q2 Revenue $270.6M (+23% YoY); Net Loss $(13.7)M; FCF Improves Sequentially

## Summary
- Revenue $270.6M, up 23% YoY; subscription revenue $173.3M, up 19% YoY (20% constant currency).
- Net loss $(13.7)M ($0.33/share) vs $(13.6)M ($0.33) in Q2 2022; Adj. EBITDA $(3.2)M vs $(1.7)M.
- Free cash flow $(8.1)M, improving $3.9M sequentially from Q1 2023; goal to be FCF positive by Q4 2023.
- Total enrolled pets 1.68M (+25% YoY); subscription enrolled pets 943,958 (+23% YoY).
- Company holds $236.1M cash/short-term investments; $40M available under credit facility.

## SEC filing metadata
- accession: 0001371285-23-000214
- form_type: 8-K
- ticker: TRUP
- cik: 0001371285
- company_name: TRUPANION, INC.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1371285/000137128523000214/0001371285-23-000214-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1371285/000137128523000214/trup-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001371285-23-000214
- JSON: https://secwatch.observer/filing/0001371285-23-000214.json
- Plain text: https://secwatch.observer/filing/0001371285-23-000214.txt

## Key facts
- Earnings Releases
  TRUPANION, INC. reported the second quarter ended June 30, 2023 results: revenue $270.6 million, net income $(13.7) million, EPS $(0.33) per basic and diluted share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $270.6 million
  - Net income: $(13.7) million
  - EPS: $(0.33) per basic and diluted share
  - Result: reported results
  source text: Total revenue was $270.6 million, an increase of 23% compared to the second quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1371285/000137128523000214/0001371285-23-000214-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.