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Petiq Inc's Business Segments
Petiq Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q2 FY2024
Reportable Segments
2
Largest Segment
Product
Total Revenue
$ 328
Regions Reported
1
Revenue Share by Reportable Segment - Q2 FY2024
- Product88.7%
- Services11.5%
Revenue by Reportable Segment - Q2 FY2024
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Product | $ 291 | 88.7% |
| Services | $ 38 | 11.5% |
Revenue Share by Region - Q2 FY2024
- Non-US0.5%
Revenue by Geographic Region - Q2 FY2024
| Region | Revenue (Millions) | % of Total |
|---|---|---|
| Non-US | $ 2 | 0.5% |
Revenue by Product & Service Category - Q2 FY2024
- Product88.7%
- Service11.5%
Revenue by Product & Service Category - Q2 FY2024
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Product | $ 291 | 88.7% |
| Service | $ 38 | 11.5% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Petiq Inc
PetIQ Inc is a leading pet care company based in Eagle, Idaho, that specializes in providing a wide range of affordable pet health and wellness products and services. The company operates through three primary segments: veterinary services, retail and e-commerce, and product. PetIQ Inc has quickly established itself as a trusted provider of high-quality, affordable veterinary services, medications, and pet products for cats and dogs.
The veterinary services segment of PetIQ Inc comprises a rapidly growing network of veterinary clinics and hospitals, which offer a range of services such as routine checkups, preventive care, dental services, and vaccinations. The clinics are staffed by licensed veterinarians, trained veterinary technicians, and experienced support staff who are committed to exceptional care for pets. PetIQ's veterinary services aim to provide convenient, high-quality care at a reasonable cost and offer pet owners an alternative to traditional veterinary practices.
The retail and e-commerce segment offers pet owners a convenient way to purchase a wide range of pet products and medications online and in-store. PetIQ operates over 70 retail stores across the United States, which are located in high-traffic retail centers like Walmart and Target. Additionally, PetIQ has an online store that offers a wide range of pet products, including food, toys, grooming and hygiene products, flea and tick medications, and more. The company's e-commerce operations, like the retail stores, aim to offer affordable pet products to pet owners across the country.
The product segment of PetIQ consists of a wide range of patented pet health and wellness products, including well-known brands such as Advecta, PetArmor and VetIQ. The product segment features a range of affordable and effective pet health products, from flea and tick treatments to dental care products. PetIQ's product offerings alongside its veterinary services, aim to provide pet owners a one-stop-shop for their pets' health and wellness needs.
In conclusion, PetIQ Inc is a leading pet care company that offers high-quality veterinary services, affordable retail products, and innovative wellness products, thus positioning the company as a go-to provider for all pet care needs. PetIQ's focus on expanding its e-commerce capabilities, clinical offerings and established brands, makes it an important player in the rapidly growing pet care industry.
The veterinary services segment of PetIQ Inc comprises a rapidly growing network of veterinary clinics and hospitals, which offer a range of services such as routine checkups, preventive care, dental services, and vaccinations. The clinics are staffed by licensed veterinarians, trained veterinary technicians, and experienced support staff who are committed to exceptional care for pets. PetIQ's veterinary services aim to provide convenient, high-quality care at a reasonable cost and offer pet owners an alternative to traditional veterinary practices.
The retail and e-commerce segment offers pet owners a convenient way to purchase a wide range of pet products and medications online and in-store. PetIQ operates over 70 retail stores across the United States, which are located in high-traffic retail centers like Walmart and Target. Additionally, PetIQ has an online store that offers a wide range of pet products, including food, toys, grooming and hygiene products, flea and tick medications, and more. The company's e-commerce operations, like the retail stores, aim to offer affordable pet products to pet owners across the country.
The product segment of PetIQ consists of a wide range of patented pet health and wellness products, including well-known brands such as Advecta, PetArmor and VetIQ. The product segment features a range of affordable and effective pet health products, from flea and tick treatments to dental care products. PetIQ's product offerings alongside its veterinary services, aim to provide pet owners a one-stop-shop for their pets' health and wellness needs.
In conclusion, PetIQ Inc is a leading pet care company that offers high-quality veterinary services, affordable retail products, and innovative wellness products, thus positioning the company as a go-to provider for all pet care needs. PetIQ's focus on expanding its e-commerce capabilities, clinical offerings and established brands, makes it an important player in the rapidly growing pet care industry.
PetIQ Inc is a leading provider of pet health and wellness products and services in the United States. The company offers a broad range of high-quality pet products and services to customers in the retail and e-commerce markets.
Segments:
1. Retail: PetIQ operates a chain of retail stores across the country under the PetIQ and VETIQ brand names. These stores offer a wide range of pet products such as medicine, food, flea and tick treatments, hygiene products, and supplements.
2. E-commerce: In addition to its physical stores, PetIQ offers an online marketplace that provides customers with the convenience of shopping for pet products from the comfort of their homes. The PetIQ online store offers the same products as the brick-and-mortar stores.
Products:
1. Flea and tick products: PetIQ offers a wide range of products for flea and tick control, including powders, sprays, collars, and spot-on treatments. These products are designed to effectively treat and prevent flea and tick infestations in pets.
2. Health and wellness products: PetIQ offers a variety of health and wellness products for pets, including vitamins, supplements, and joint and mobility support products. These products help to improve the overall health and well-being of pets.
3. Hygiene products: PetIQ offers a range of hygiene products, including shampoo, dental care products, and grooming tools. These products help to keep pets clean and healthy.
Services:
1. Veterinary services: PetIQ provides veterinary services that include routine physical exams, vaccinations, and medical treatments. The company operates a network of clinics in its retail stores and provides affordable and accessible veterinary services to pet owners.
2. Prescription services: PetIQ offers prescription services for pets, which include medications for a variety of conditions such as allergies, infections, and chronic illnesses.
3. Preventative care plans: PetIQ offers preventative care plans that provide customers with discounted rates on routine checkups, vaccinations, and other preventive care services for their pets. These plans help to ensure that pets receive the necessary care they need to stay healthy.
In conclusion, PetIQ Inc is dedicated to providing a comprehensive range of pet health and wellness products and services to customers in the United States. With its wide range of products and services, PetIQ is committed to ensuring that pets receive the best care possible.
Segments:
1. Retail: PetIQ operates a chain of retail stores across the country under the PetIQ and VETIQ brand names. These stores offer a wide range of pet products such as medicine, food, flea and tick treatments, hygiene products, and supplements.
2. E-commerce: In addition to its physical stores, PetIQ offers an online marketplace that provides customers with the convenience of shopping for pet products from the comfort of their homes. The PetIQ online store offers the same products as the brick-and-mortar stores.
Products:
1. Flea and tick products: PetIQ offers a wide range of products for flea and tick control, including powders, sprays, collars, and spot-on treatments. These products are designed to effectively treat and prevent flea and tick infestations in pets.
2. Health and wellness products: PetIQ offers a variety of health and wellness products for pets, including vitamins, supplements, and joint and mobility support products. These products help to improve the overall health and well-being of pets.
3. Hygiene products: PetIQ offers a range of hygiene products, including shampoo, dental care products, and grooming tools. These products help to keep pets clean and healthy.
Services:
1. Veterinary services: PetIQ provides veterinary services that include routine physical exams, vaccinations, and medical treatments. The company operates a network of clinics in its retail stores and provides affordable and accessible veterinary services to pet owners.
2. Prescription services: PetIQ offers prescription services for pets, which include medications for a variety of conditions such as allergies, infections, and chronic illnesses.
3. Preventative care plans: PetIQ offers preventative care plans that provide customers with discounted rates on routine checkups, vaccinations, and other preventive care services for their pets. These plans help to ensure that pets receive the necessary care they need to stay healthy.
In conclusion, PetIQ Inc is dedicated to providing a comprehensive range of pet health and wellness products and services to customers in the United States. With its wide range of products and services, PetIQ is committed to ensuring that pets receive the best care possible.