Loading...
•
Mar 31, 2021
Trupanion Q1 2021 Earnings Report
Trupanion's Q1 2021 results showed significant year-over-year revenue growth, driven by subscription pets, despite a net loss impacted by stock-based compensation.
Key Takeaways
Trupanion reported a 39% increase in total revenue year-over-year, reaching $154.7 million in Q1 2021. The growth was primarily driven by a rise in subscription pets. However, the company experienced a net loss of $(12.4) million, or $(0.31) per share, influenced by stock-based compensation expenses.
Total revenue increased by 39% year-over-year to $154.7 million.
Subscription business revenue grew by 27% year-over-year to $113.3 million.
Total enrolled pets increased by 37% year-over-year to 943,854.
Net loss was $(12.4) million, or $(0.31) per share, impacted by stock-based compensation.
Forward Guidance
Trupanion did not provide specific forward guidance in this earnings report.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...