The earnings call presented a mixed picture with notable achievements in cost reduction, strategic partnerships, and participant growth, but also highlighted challenges with revenue decline and profitability. The company remains committed to strategic growth and operational efficiency.

Company Guidance -

Q2 2025

During the Q1 2025 earnings call, Wag! provided guidance for the fiscal year 2025, projecting revenue in the range of $84 million to $88 million and adjusted EBITDA between $2 million and $4 million. The company reported Q1 revenue of $15.2 million and an adjusted EBITDA loss of $1.2 million, reflecting a slight decline from the previous quarter. The quarter saw a 6% growth in platform participants, totaling 472,000. Despite a year-over-year decline in revenue, Wag! achieved improved adjusted EBITDA through disciplined cost management, with total costs and expenses down 25% compared to the previous year. Sales and marketing expenses were $10.4 million, aligning with the historical range of 60% to 70% of revenue, while G&A expenses were $4 million, consistent with the 20% to 26% range. The company ended the quarter with $11.7 million in cash and equivalents, and remains focused on enhancing operational efficiencies and strategic partnerships to drive growth.

Improved Adjusted EBITDA

Despite a year-over-year decline in revenue, Wag! delivered improved adjusted EBITDA through disciplined cost management and operational efficiencies.

Cost and Expense Reduction

Total costs and expenses for Q1 were down 25% year-over-year, saving over $6 million.

Strategic Partnerships

All three major distribution partners went live at the end of Q1, expected to significantly impact the insurance comparison business starting Q2.

Increase in Platform Participants

The Wag! platform saw a sequential quarter-over-quarter growth of 6%, reaching 472,000 participants.

Wag! Group (PET) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PET Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 06, 2025	2025 (Q2)	- / -	-0.06	―	―	―
May 12, 2025	2025 (Q1)	- / -0.10	-0.11	9.09% (<+0.01)
Mar 24, 2025	2024 (Q4)	-0.08 / -0.10	-0.09	-11.11% (-0.01)	―
Nov 13, 2024	2024 (Q3)	-0.05 / -0.13	-0.06	-116.67% (-0.07)	―
Aug 07, 2024	2024 (Q2)	-0.07 / -0.06	-0.1	40.00% (+0.04)	―
May 09, 2024	2024 (Q1)	-0.11 / -0.11	-0.1	-10.00% (>-0.01)
Feb 14, 2024	2023 (Q4)	-0.07 / -0.09	0.07	-228.57% (-0.16)
Nov 08, 2023	2023 (Q3)	-0.08 / -0.06	-1.67	96.41% (+1.61)
Aug 08, 2023	2023 (Q2)	-0.09 / -0.10	-0.17	41.18% (+0.07)
May 09, 2023	2023 (Q1)	-0.07 / -0.10	-0.34	70.59% (+0.24)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PET Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 12, 2025	$0.15	$0.15	0.00%
Mar 24, 2025	$0.25	$0.20	-20.00%
Nov 13, 2024	$0.66	$0.21	-68.18%
Aug 07, 2024	$1.03	$1.03	0.00%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Wag! Group (PET) report earnings?

Wag! Group (PET) is schdueled to report earning on Aug 06, 2025, Before Open (Confirmed).

What is Wag! Group (PET) earnings time?

Wag! Group (PET) earnings time is at Aug 06, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

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What is PET EPS forecast?

Currently, no data Available

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