Freshpet financials
$57.15−0.04%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.10B | $975.2M | $766.9M | $595.3M | $425.5M | $318.8M | $245.9M | $193.2M | $152.4M | $129.7M |
| Gross profit | $449.6M | $396.0M | $250.9M | $186.0M | $162.1M | $132.9M | $114.2M | $90.0M | $72.4M | $60.4M |
| Gross margin | 40.8% | 40.6% | 32.7% | 31.2% | 38.1% | 41.7% | 46.4% | 46.6% | 47.5% | 46.5% |
| Operating income | $75.7M | $38.0M | -$30.4M | -$52.0M | -$24.7M | -$2.0M | -$253.0K | -$4.9M | -$2.8M | -$2.2M |
| Net income | $139.1M | $46.9M | -$33.6M | -$59.5M | -$29.7M | -$3.2M | -$1.4M | -$5.4M | -$4.3M | -$3.2M |
| Net margin | 12.6% | 4.8% | −4.4% | −10.0% | −7.0% | −1.0% | −0.6% | −2.8% | −2.8% | −2.4% |
| Diluted EPS | $2.64 | $0.93 | $-0.70 | $-1.29 | $-0.69 | $-0.08 | $-0.04 | $-0.15 | $-0.12 | $-0.09 |
| EBITDA | $165.4M | $111.6M | $28.1M | -$17.4M | $5.8M | $19.1M | $15.7M | $9.2M | $9.9M | $7.7M |
| Operating cash flow | $160.6M | $154.3M | $75.9M | -$43.2M | $647.0K | $21.2M | $16.3M | $18.6M | $10.3M | $12.8M |
| Free cash flow | $12.4M | -$32.8M | -$163.2M | -$273.3M | -$321.5M | -$113.4M | -$54.3M | $2.3M | -$2.7M | -$17.2M |
| Diluted shares | 56.0M | 50.3M | 48.2M | 46.2M | 42.9M | 39.8M | 36.0M | 35.3M | 34.5M | 33.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $278.0M | $268.6M | $296.9M | $132.7M | $72.8M | $67.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $427.7M | $420.6M | $421.2M | $0.00 | $0.00 | $0.00 |
| Total assets | $1.78B | $1.57B | $1.46B | $1.13B | $784.4M | $434.4M |
| Total liabilities | $569.1M | $519.5M | $511.0M | $93.8M | $64.7M | $40.2M |
| Shareholders' equity | $1.21B | $1.06B | $953.5M | $1.03B | $719.8M | $394.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology