---
schema_version: "secwatch.filing_event.v1"
accession: "0001371285-24-000022"
form_type: "8-K"
ticker: "TRUP"
cik: "0001371285"
company_name: "TRUPANION, INC."
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T00:56:34.399324+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Trupanion Q4 rev $295.9M (+20% YoY); net loss narrows to $2.2M; two material weaknesses disclosed

## Summary
- Subscription revenue $191.5M (+21% YoY); total enrolled pets 1.71M (+12% YoY).
- Q4 net loss $(2.2)M vs $(9.3)M a year ago; adjusted EBITDA $8.5M vs $2.2M.
- Full-year 2023 revenue $1.1B (+22%); net loss $(44.7)M; free cash flow $0.4M.
- Two material weaknesses in internal controls identified (IT access/program change and Other Business segment); results preliminary.
- Cash and short-term investments $277.2M; $241.3M capital surplus at insurance subs.

## SEC filing metadata
- accession: 0001371285-24-000022
- form_type: 8-K
- ticker: TRUP
- cik: 0001371285
- company_name: TRUPANION, INC.
- filed_at: 2024-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1371285/000137128524000022/0001371285-24-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1371285/000137128524000022/trup-20240215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001371285-24-000022
- JSON: https://secwatch.observer/filing/0001371285-24-000022.json
- Plain text: https://secwatch.observer/filing/0001371285-24-000022.txt

## Key facts
- Earnings Releases
  TRUPANION, INC. reported fourth quarter and full year ended December 31, 2023 results: revenue Total revenue was $295.9 million, net income Net loss was $(2.2) million, EPS $(0.05) per basic and diluted share.
  - Period: fourth quarter and full year ended December 31, 2023
  - Revenue: Total revenue was $295.9 million
  - Net income: Net loss was $(2.2) million
  - EPS: $(0.05) per basic and diluted share
  - Result: preliminary results
  source text: margin expansion and efficient acquisition spend drove another quarter of positive free cash flow.” Fourth Quarter 2023 Financial and Business Highlights • Total revenue was $295.9 million, an increase of 20% compared to the fourth quarter of 2022. • Total enrolled pets (including pets from our other business segment) was 1,714,473 at December 31, 2023, an increase
  evidence_url: https://www.sec.gov/Archives/edgar/data/1371285/000137128524000022/0001371285-24-000022-index.htm

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