v3.26.1
Segments (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Revenue and Gross Profit from Segments [Table Text Block] of the Company’s segments was as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Subscription business:
Revenue$276,690 $242,156 $546,144 $475,220 
Veterinary invoice expense194,803 172,874 386,217 341,055 
Other cost of revenue25,451 22,614 50,489 44,278 
Technology and development 8,981 5,881 16,903 11,381 
General and administrative 13,748 13,782 27,151 27,339 
New pet acquisition expense22,790 19,768 45,373 40,280 
Depreciation and amortization2,586 2,714 5,187 5,297 
Subscription business operating income8,331 4,523 14,824 5,590 
Other business:
Revenue116,244 111,401 230,839 220,312 
Veterinary invoice expense84,665 82,706 174,687 161,975 
Other cost of revenue22,882 20,536 38,968 42,294 
Technology and development3,773 2,705 7,145 5,277 
General and administrative 5,777 6,340 11,476 12,675 
New pet acquisition expense15 75 43 79 
Depreciation and amortization1,087 1,248 2,192 2,456 
Other business operating loss(1,955)(2,209)(3,672)(4,444)
Loss from investment in joint venture— — — (305)
Operating income6,376 2,314 11,152 841 
Interest expense1,832 3,682 3,707 6,893 
Other (income), net(2,829)(11,914)(5,884)(15,154)
Income before income taxes$7,373 $10,546 $13,329 $9,102 
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue [Table Text Block]
The following table presents the Company’s revenue by geographic region of the member (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
United States$325,918 $293,979 $644,096 $579,803 
Canada and other67,016 59,578 132,887 115,729 
Total revenue$392,934 $353,557 $776,983 $695,532