The financials
Freshpet, Inc. by the numbers
Freshpet, Inc. (FRPT) reported revenue of $298M in Q1 2026 (quarter ended Mar 31, 2026), up 13% from the same quarter a year earlier. That came with a gross margin of 41% and net income of $49M (16% of revenue). For the full year FY2025, revenue was $1.10B (+13% year on year) and net income $139M. Its largest product in Q1 2024 (quarter ended Mar 31, 2024) was Grocery Including Online Mass And Club at $184M, 82% of the disclosed total, well ahead of Pet Specialty And Club at 18%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $298M | $263M | +13% |
| Gross profit | $121M | $104M | +16% |
| Operating income | $4.3M | −$11M | to a profit |
| Net income | $49M | −$13M | to a profit |
| Diluted EPS | $0.91 | −$0.26 | to a profit |
| Product | Revenue | Share |
|---|---|---|
| Grocery Including Online Mass And Club | $184M | 82% |
| Pet Specialty And Club | $39M | 18% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2024Total $223.8M (+0.81%)
Pet Specialty And Club grew +44% year on yearGrocery Including Online Mass And Club +32% year on year
Segment Latestquarter on quarteryear on year
- Grocery Including Online Mass And Club$184.4M$184.4MQoQ -8.5%year on year +32%-8.5%+32%
- Pet Specialty And Club$39.4M$39.4MQoQ -year on year +44%-+44%