Freshpet, Inc. (FRPT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 297.64M | 285.23M | 288.85M | 264.69M | 263.25M | 262.71M | 253.37M | 235.25M | 223.85M | 215.42M | 200.62M | 183.33M | 167.52M | 165.83M | 151.33M | 146.01M | 132.17M | 115.87M | 107.59M | 108.62M |
| Revenue Growth % | 13.07% | 8.57% | 14% | 12.51% | 17.6% | 21.95% | 26.29% | 28.32% | 33.62% | 29.9% | 32.57% | 25.56% | 26.75% | 43.12% | 40.66% | 34.42% | 41.49% | 37.09% | 27.79% | 35.8% |
| Cost of Goods Sold | 176.97M | 180.4M | 180.46M | 156.5M | 159.46M | 151.11M | 151.12M | 141.3M | 135.69M | 140.85M | 134.33M | 124.09M | 116.76M | 120.12M | 106.79M | 98.51M | 87.42M | 74.65M | 66.06M | 65.53M |
| COGS % of Revenue | 59.46% | 63.25% | 62.47% | 59.13% | 60.57% | 57.52% | 59.64% | 60.06% | 60.62% | 65.38% | 66.96% | 67.68% | 69.7% | 72.44% | 70.56% | 67.47% | 66.14% | 64.43% | 61.4% | 60.33% |
| Gross Profit | 120.67M | 104.83M | 108.39M | 108.19M | 103.79M | 111.6M | 102.25M | 93.95M | 88.16M | 74.58M | 66.29M | 59.24M | 50.76M | 45.71M | 44.55M | 47.49M | 44.75M | 41.22M | 41.52M | 43.09M |
| Gross Margin % | 40.54% | 36.75% | 37.53% | 40.87% | 39.43% | 42.48% | 40.36% | 39.94% | 39.38% | 34.62% | 33.04% | 32.32% | 30.3% | 27.56% | 29.44% | 32.53% | 33.86% | 35.57% | 38.6% | 39.67% |
| Gross Profit Growth % | 16.27% | -6.06% | 6.01% | 15.15% | 17.73% | 49.65% | 54.23% | 58.58% | 73.68% | 63.15% | 48.82% | 24.74% | 13.42% | 10.9% | 7.27% | 10.22% | 23.24% | 34.99% | 12.08% | 26.99% |
| Operating Expenses | 116.34M | 52.6M | 82.65M | 90.39M | 115.28M | 92.22M | 90.34M | 95.7M | 79.69M | 59.68M | 73.37M | 76M | 72.27M | 47.77M | 60.45M | 65.58M | 60.63M | 48.85M | 42.37M | 49.56M |
| OpEx % of Revenue | 39.09% | 18.44% | 28.61% | 34.15% | 43.79% | 35.1% | 35.66% | 40.68% | 35.6% | 27.7% | 36.57% | 41.45% | 43.14% | 28.81% | 39.94% | 44.92% | 45.87% | 42.16% | 39.38% | 45.63% |
| Selling, General & Admin | 116.34M | 52.6M | 82.65M | 90.39M | 115.28M | 92.22M | 90.34M | 95.7M | 79.69M | 59.68M | 73.37M | 76M | 68.34M | 64.63M | 60.45M | 65.58M | 60.63M | 48.85M | 42.37M | 49.56M |
| SG&A % of Revenue | 39.09% | 18.44% | 28.61% | 34.15% | 43.79% | 35.1% | 35.66% | 40.68% | 35.6% | 27.7% | 36.57% | 41.45% | 40.8% | 38.97% | 39.94% | 44.92% | 45.87% | 42.16% | 39.38% | 45.63% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | -1000K | 0 | 0 | -1K | 18K | 2K | -2K |
| Operating Income | 4.33M | 52.23M | 25.74M | 17.8M | -11.5M | 19.38M | 11.91M | -1.75M | 8.46M | 14.89M | -7.08M | -16.75M | -21.51M | -2.07M | -15.9M | -18.09M | -15.88M | -7.64M | -840K | -6.47M |
| Operating Margin % | 1.46% | 18.31% | 8.91% | 6.73% | -4.37% | 7.38% | 4.7% | -0.74% | 3.78% | 6.91% | -3.53% | -9.14% | -12.84% | -1.25% | -10.51% | -12.39% | -12.01% | -6.59% | -0.78% | -5.95% |
| Operating Income Growth % | 137.67% | 169.55% | 116.16% | 1117.37% | -235.85% | 30.08% | 268.25% | 89.55% | 139.34% | 820.96% | 55.5% | 7.38% | -35.48% | 72.95% | -1793.33% | -179.72% | -63.39% | -146.21% | -122.34% | -2899.13% |
| EBITDA | 4.33M | 73.03M | 49.38M | 38.41M | 10.33M | 40.74M | 30.83M | 15.67M | 24.36M | 27.98M | 9.32M | -1.86M | -7.02M | 8.07M | -7.37M | -9.84M | -7.87M | 678K | 7.24M | 1.19M |
| EBITDA Margin % | 1.46% | 25.6% | 17.1% | 14.51% | 3.92% | 15.51% | 12.17% | 6.66% | 10.88% | 12.99% | 4.65% | -1.02% | -4.19% | 4.86% | -4.87% | -6.74% | -5.96% | 0.59% | 6.73% | 1.09% |
| EBITDA Growth % | -58.07% | 79.24% | 60.15% | 145.11% | -57.6% | 45.63% | 230.8% | 940.77% | 447.13% | 246.8% | 226.47% | 81.06% | 10.82% | 1089.82% | -201.84% | -928.45% | -199.39% | -77.97% | -17.87% | -79.05% |
| D&A (Non-Cash Add-back) | 0 | 20.8M | 23.64M | 20.61M | 21.83M | 21.37M | 18.93M | 17.42M | 15.9M | 13.08M | 16.4M | 14.89M | 14.49M | 10.13M | 8.53M | 8.24M | 8.01M | 8.32M | 8.08M | 7.65M |
| EBIT | 4.33M | 46.74M | 27.26M | 20M | -9.1M | 22.09M | 14.87M | 1.11M | 21.72M | 18.74M | -2.95M | -12.64M | -21.36M | -2.61M | -15.65M | -18.16M | -15.62M | -7.62M | -838K | -6.47M |
| Net Interest Income | 3.59M | 1.23M | -3.55M | -1.55M | -1.07M | -818K | 40K | 110K | 275K | 395K | -18K | 779K | -2.23M | -1.15M | -1.56M | -1.69M | -571K | -650K | -677K | -654K |
| Interest Income | 0 | 4.59M | 0 | 2.2M | 2.39M | 2.71M | 2.96M | 2.86M | 3.33M | 3.84M | 4.13M | 4.11M | 946K | 0 | 256K | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -3.59M | 3.36M | 3.55M | 3.75M | 3.46M | 3.53M | 2.92M | 2.75M | 3.06M | 3.45M | 4.15M | 3.33M | 3.17M | 1.15M | 1.82M | 1.69M | 571K | 650K | 677K | 654K |
| Other Income/Expense | 61.31M | -8.85M | -2.04M | -1.55M | -1.07M | -818K | 40K | 110K | 10.19M | 395K | -18K | -130K | -3.21M | -692K | -2.5M | -2.46M | -1.62M | -1.51M | -1.21M | -993K |
| Pretax Income | 65.64M | 43.38M | 23.7M | 16.25M | -12.56M | 18.56M | 11.95M | -1.64M | 18.66M | 15.29M | -7.1M | -16.88M | -24.72M | -2.76M | -18.41M | -20.55M | -17.5M | -9.15M | -2.05M | -7.46M |
| Pretax Margin % | 22.05% | 15.21% | 8.21% | 6.14% | -4.77% | 7.06% | 4.72% | -0.7% | 8.33% | 7.1% | -3.54% | -9.21% | -14.75% | -1.66% | -12.16% | -14.07% | -13.24% | -7.9% | -1.91% | -6.87% |
| Income Tax | 17.13M | 9.56M | -77.96M | -102K | 134K | 436K | 54K | 54K | 54K | 0 | 70K | 70K | 70K | 159K | 41K | 41K | 41K | 114K | 16K | 16K |
| Effective Tax Rate % | 26.1% | 22.04% | -328.87% | -0.63% | -1.07% | 2.35% | 0.45% | -3.29% | 0.29% | 0% | -0.99% | -0.41% | -0.28% | -5.77% | -0.22% | -0.2% | -0.23% | -1.25% | -0.78% | -0.21% |
| Net Income | 48.51M | 33.81M | 101.66M | 16.36M | -12.7M | 18.12M | 11.89M | -1.69M | 18.6M | 15.29M | -7.17M | -16.95M | -24.79M | -2.92M | -18.45M | -20.59M | -17.54M | -9.27M | -2.07M | -7.47M |
| Net Margin % | 16.3% | 11.86% | 35.2% | 6.18% | -4.82% | 6.9% | 4.69% | -0.72% | 8.31% | 7.1% | -3.57% | -9.25% | -14.8% | -1.76% | -12.19% | -14.1% | -13.27% | -8% | -1.92% | -6.88% |
| Net Income Growth % | 482.04% | 86.6% | 754.67% | 1065.53% | -168.26% | 18.52% | 265.99% | 90.01% | 175.05% | 624.17% | 61.16% | 17.65% | -41.3% | 68.52% | -791.26% | -175.4% | -61.11% | -180.94% | -158.36% | -4985.62% |
| Net Income (Continuing) | 48.51M | 33.81M | 101.66M | 16.36M | -12.7M | 18.12M | 11.89M | -1.69M | 18.6M | 15.29M | -7.17M | -16.95M | -24.79M | -2.92M | -18.45M | -20.59M | -17.54M | -9.27M | -2.07M | -7.47M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.91 | 0.64 | 1.86 | 0.33 | -0.26 | 0.36 | 0.24 | -0.03 | 0.37 | 0.31 | -0.15 | -0.35 | -0.50 | -0.04 | -0.37 | -0.44 | -0.37 | -0.21 | -0.05 | -0.17 |
| EPS Growth % | 450% | 77.78% | 675% | 1200% | -170.27% | 16.13% | 260% | 91.43% | 174% | 790.42% | 59.46% | 20.45% | -35.14% | 78.62% | -675.68% | -158.82% | -42.31% | -162.5% | -153% | - |
| EPS (Basic) | 0.99 | 0.69 | 2.08 | 0.34 | -0.26 | 0.37 | 0.25 | -0.03 | 0.38 | 0.32 | -0.15 | -0.35 | -0.50 | -0.04 | -0.37 | -0.44 | -0.37 | -0.21 | -0.05 | -0.17 |
| Diluted Shares Outstanding | 56.06M | 56.04M | 55.88M | 50.2M | 48.73M | 50.41M | 50.28M | 48.46M | 50.05M | 49.89M | 48.19M | 48.13M | 48.05M | 48.01M | 47.86M | 45.64M | 43.44M | 43.4M | 43.37M | 43.3M |
| Basic Shares Outstanding | 49.06M | 48.8M | 48.79M | 48.78M | 48.73M | 48.64M | 48.51M | 48.46M | 48.32M | 48.24M | 48.19M | 48.13M | 48.05M | 48.01M | 47.31M | 45.64M | 43.44M | 43.4M | 41.4M | 43.3M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |