Freshpet Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,136	1,102	975.18	766.9	595.34	425.49
Revenue Growth (YoY)	12.01%	13.01%	27.16%	28.82%	39.92%	33.47%
Cost of Revenue	669.9	652.39	579.22	516.02	409.31	263.34
Gross Profit	466.51	449.63	395.96	250.87	186.03	162.15
Selling, General & Admin	375.01	373.95	357.96	281.32	238.02	186.81
Total Operating Expenses	375.01	373.95	357.96	281.32	238.02	186.81
Operating Income	91.5	75.67	38	-30.45	-51.98	-24.66
Interest Income	9.71	9.22	11.87	13.03	1.71	0.01
Interest Expense	-14.25	-14.12	-12.26	-14.1	-5.21	-2.88
Other Non-Operating Income (Expense)	62.01	-	9.92	1.89	3.73	2.01
Total Non-Operating Income (Expense)	57.48	-4.9	9.52	0.82	0.23	-0.86
Pretax Income	148.98	70.77	47.52	-31.51	-55.48	-27.53
Provision for Income Taxes	-51.37	-68.36	0.6	0.21	0.28	0.16
Net Income	200.34	139.14	46.93	-33.61	-59.49	-29.7
Net Income to Common	200.34	139.14	46.93	-33.61	-59.49	-29.7
Net Income Growth	1182.11%	196.51%	-	-	-	-
Shares Outstanding (Basic)	49	49	48	48	46	43
Shares Outstanding (Diluted)	55	56	50	48	46	43
Shares Change (YoY)	10.17%	11.51%	4.34%	4.27%	7.59%	7.98%
EPS (Basic)	4.10	2.85	0.97	-0.70	-1.29	-0.69
EPS (Diluted)	3.74	2.64	0.93	-0.70	-1.29	-0.69
EPS Growth	1106.45%	183.87%	-	-	-	-
Shares Outstanding	49.14	48.97	48.7	48.26	48.04	43.44
Free Cash Flow	46.79	12.38	-32.8	-163.15	-273.3	-321.45
Free Cash Flow Growth	278.05%	-	-	-	-	-
Free Cash Flow Per Share	0.86	0.22	-0.65	-3.39	-5.92	-7.49
Gross Margin	41.05%	40.80%	40.60%	32.71%	31.25%	38.11%
Operating Margin	8.05%	6.87%	3.90%	-3.97%	-8.73%	-5.80%
Profit Margin	17.63%	12.63%	4.81%	-4.38%	-9.99%	-6.98%
FCF Margin	4.12%	1.12%	-3.36%	-21.27%	-45.91%	-75.55%
EBITDA	184.38	165.39	111.61	28.07	-17.43	5.81
EBITDA Margin	16.23%	15.01%	11.45%	3.66%	-2.93%	1.36%
EBIT	91.5	75.67	38	-30.45	-51.98	-24.66
EBIT Margin	8.05%	6.87%	3.90%	-3.97%	-8.73%	-5.80%
Effective Tax Rate	-34.48%	-96.60%	1.26%	-0.67%	-0.51%	-0.59%

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q