---
schema_version: "secwatch.filing_event.v1"
accession: "0001371285-23-000299"
form_type: "8-K"
ticker: "TRUP"
cik: "0001371285"
company_name: "TRUPANION, INC."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-08T23:42:58.899738+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Trupanion Q3 2023 revenue up 22% to $285.9M; net loss improves to $4M

## Summary
- Total revenue $285.9M (+22% YoY); net loss $4.0M ($0.10/share) vs loss of $12.9M in Q3 2022.
- Adjusted EBITDA $6.1M vs $(0.9M) in Q3 2022; operating cash flow $11.4M, free cash flow $7.0M.
- Subscription business revenue $182.9M (+20% YoY); subscription enrolled pets 969,322 (+20% YoY).
- Total enrolled pets 1,712,177 (+19% YoY); cash and short-term investments $265.9M at Sept 30, 2023.
- CEO cites strong execution and over 40% sequential increase in discretionary profit.

## SEC filing metadata
- accession: 0001371285-23-000299
- form_type: 8-K
- ticker: TRUP
- cik: 0001371285
- company_name: TRUPANION, INC.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1371285/000137128523000299/0001371285-23-000299-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1371285/000137128523000299/trup-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001371285-23-000299
- JSON: https://secwatch.observer/filing/0001371285-23-000299.json
- Plain text: https://secwatch.observer/filing/0001371285-23-000299.txt

## Key facts
- Earnings Releases
  TRUPANION, INC. reported third quarter ended September 30, 2023 results: revenue Total revenue was $285.9 million, net income Net loss was $(4.0) million, EPS $(0.10) per basic and diluted share.
  - Period: third quarter ended September 30, 2023
  - Revenue: Total revenue was $285.9 million
  - Net income: Net loss was $(4.0) million
  - EPS: $(0.10) per basic and diluted share
  - Result: reported results
  source text: Total revenue was $285.9 million, an increase of 22% compared to the third quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1371285/000137128523000299/0001371285-23-000299-index.htm
- Earnings Releases
  TRUPANION, INC. reported third quarter ended September 30, 2023 results: revenue Total revenue was $285.9 million, net income Net loss was $(4.0) million, EPS $(0.10) per basic and diluted share.
  - Period: third quarter ended September 30, 2023
  - Revenue: Total revenue was $285.9 million
  - Net income: Net loss was $(4.0) million
  - EPS: $(0.10) per basic and diluted share
  - Result: reported results
  source text: of an over 40% sequential increase in discretionary profit driven by our core subscription business.” Third Quarter 2023 Financial and Business Highlights • Total revenue was $285.9 million, an increase of 22% compared to the third quarter of 2022. • Total enrolled pets (including pets from our other business segment) was 1,712,177 at September 30, 2023, an increase
  evidence_url: https://www.sec.gov/Archives/edgar/data/1371285/000137128523000299/0001371285-23-000299-index.htm

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