Freshpet, Inc. (FRPT)

Freshpet Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,015	975.18	766.9	595.34	425.49	318.79
Revenue Growth (YoY)	23.24%	27.16%	28.82%	39.92%	33.47%	29.66%
Cost of Revenue	602.99	579.22	516.02	409.31	261.59	182.38
Gross Profit	411.59	395.96	250.87	186.03	163.9	136.41
Selling, General & Admin	353.37	335.62	264.65	223.11	171.88	121.14
Operating Expenses	375.98	357.37	280.5	236.89	185.8	132.69
Operating Income	35.6	38.59	-29.63	-50.85	-21.91	3.72
Interest Expense	-12.66	-12.26	-14.1	-5.21	-2.88	-1.21
Interest & Investment Income	10.93	11.87	13.03	1.71	0.01	-
Earnings From Equity Investments	-	-	-1.89	-3.73	-2.01	-
Other Non Operating Income (Expenses)	-	-	-0.11	-	-	0.03
EBT Excluding Unusual Items	33.87	38.19	-32.7	-58.08	-26.78	2.54
Merger & Restructuring Charges	-1.27	-	0.07	-0.73	-	-
Gain (Loss) on Sale of Investments	-	9.92	-	-	-	-
Gain (Loss) on Sale of Assets	-0.63	-0.59	-0.77	-0.4	-1	-1.81
Legal Settlements	-4.99	-	-	-	-	-
Other Unusual Items	-10.68	-	-	-	-1.76	-3.85
Pretax Income	16.3	47.52	-33.4	-59.21	-29.54	-3.12
Income Tax Expense	0.68	0.6	0.21	0.28	0.16	0.07
Net Income	15.63	46.93	-33.61	-59.49	-29.7	-3.19
Net Income to Common	15.63	46.93	-33.61	-59.49	-29.7	-3.19
Shares Outstanding (Basic)	49	48	48	46	43	40
Shares Outstanding (Diluted)	50	50	48	46	43	40
Shares Change (YoY)	2.59%	4.34%	4.27%	7.59%	7.98%	10.59%
EPS (Basic)	0.32	0.97	-0.70	-1.29	-0.69	-0.08
EPS (Diluted)	0.31	0.93	-0.70	-1.29	-0.69	-0.08
Free Cash Flow	-13.42	-32.8	-163.15	-273.3	-321.45	-113.38
Free Cash Flow Per Share	-0.27	-0.65	-3.39	-5.92	-7.49	-2.85
Gross Margin	40.57%	40.60%	32.71%	31.25%	38.52%	42.79%
Operating Margin	3.51%	3.96%	-3.86%	-8.54%	-5.15%	1.17%
Profit Margin	1.54%	4.81%	-4.38%	-9.99%	-6.98%	-1.00%
Free Cash Flow Margin	-1.32%	-3.36%	-21.27%	-45.91%	-75.55%	-35.56%
EBITDA	115.14	112.2	28.89	-16.3	8.56	24.84
EBITDA Margin	11.35%	11.51%	3.77%	-2.74%	2.01%	7.79%
D&A For EBITDA	79.54	73.62	58.52	34.56	30.47	21.13
EBIT	35.6	38.59	-29.63	-50.85	-21.91	3.72
EBIT Margin	3.51%	3.96%	-3.86%	-8.54%	-5.15%	1.17%
Effective Tax Rate	4.16%	1.26%	-	-	-	-
Advertising Expenses	-	127.68	97.88	71.72	53.69	38.48

Updated May 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q