HealthWarehouse.com, a growing online pharmacy, announced record-breaking results for 2024, posting a 66% year-over-year revenue increase to $33.6 million.
The surge was driven by the company’s fast-growing business-to-business (B2B) ecommerce segment, which saw significant demand from partners for prescription fulfillment, including brand and compounded GLP-1 medications.
CEO Joseph Peters called 2024 a “historic year” for the company, highlighting the success of its expanded prescription catalog and improved operational efficiency.
“We proved that our proprietary tech platform scales,” Peters says. “Even as order volume soared, we processed faster — with less overhead.”
HealthWarehouse.com grows B2B revenue
HealthWarehouse.com specializes in delivering prescription and over-the-counter medications across all 50 states. But it’s the B2B arm — serving clinics, telehealth providers, and health care partners — that is now fueling its rapid rise. While direct-to-consumer sales remained steady, over-the-counter sales dipped slightly due to softer marketplace demand.
Q4 numbers were especially strong for HealthWarehouse.com, with revenue nearly tripling to $13.7 million. Net income for the quarter reached $189,000, marking a turnaround from a $649,000 loss in the same period last year.
HealthWarehouse continues to invest in proprietary technology, aiming to further streamline fulfillment for partners and improve the patient experience.
“Our team made this possible,” Peters says. “We’re not just selling medicine — we’re helping redefine health care access for businesses and consumers alike.”
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