# Freshpet, Inc.: overview

FRPT · Nasdaq · CIK 1611647 · [Consumer staples](/sectors/consumer-staples.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/frpt.md) · [Financials](/companies/frpt/financials.md) · [Filings](/companies/frpt/filings.md) · [Insiders](/companies/frpt/insiders.md)

Latest reported revenue: [$305.6m](/filings/0001611647-26-000018.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001611647-26-000018).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [253](/filings/0001611647-25-000030.md) | [263 d](/filings/0001611647-26-000006.md) | [263](/filings/0001611647-26-000012.md) | [265](/filings/0001611647-26-000018.md) | [289](/filings/0001611647-25-000030.md) | [285 d](/filings/0001611647-26-000006.md) | [298](/filings/0001611647-26-000012.md) | [306](/filings/0001611647-26-000018.md) |
| Gross margin | % | [40.4%](/filings/0001611647-25-000030.md) | [42.5% d](/filings/0001611647-26-000006.md) | [39.4%](/filings/0001611647-26-000012.md) | [40.9%](/filings/0001611647-26-000018.md) | [39.5%](/filings/0001611647-25-000030.md) | [43.3% d](/filings/0001611647-26-000006.md) | [40.5%](/filings/0001611647-26-000012.md) | [42.1%](/filings/0001611647-26-000018.md) |
| Operating margin | % | [4.7%](/filings/0001611647-25-000030.md) | [7.4% d](/filings/0001611647-26-000006.md) | [(4.4%)](/filings/0001611647-26-000012.md) | [6.7%](/filings/0001611647-26-000018.md) | [8.6%](/filings/0001611647-25-000030.md) | [15.6% d](/filings/0001611647-26-000006.md) | [1.5%](/filings/0001611647-26-000012.md) | [7.1%](/filings/0001611647-26-000018.md) |
| Net margin | % | [4.7%](/filings/0001611647-25-000030.md) | [6.9% d](/filings/0001611647-26-000006.md) | [(4.8%)](/filings/0001611647-26-000012.md) | [6.2%](/filings/0001611647-26-000018.md) | [35.2%](/filings/0001611647-25-000030.md) | [11.9% d](/filings/0001611647-26-000006.md) | [16.3%](/filings/0001611647-26-000012.md) | [6.4%](/filings/0001611647-26-000018.md) |
| Diluted EPS | $ per share | [0.24](/filings/0001611647-25-000030.md) | not reported | [(0.26)](/filings/0001611647-26-000012.md) | [0.33](/filings/0001611647-26-000018.md) | [1.86](/filings/0001611647-25-000030.md) | not reported | [0.91](/filings/0001611647-26-000012.md) | [0.39](/filings/0001611647-26-000018.md) |
| Free cash flow | $m | [22.1 d](/filings/0001611647-25-000030.md) | [(7.9) d](/filings/0001611647-26-000006.md) | [(21.7)](/filings/0001611647-26-000012.md) | [0.4 d](/filings/0001611647-26-000018.md) | [31.6 d](/filings/0001611647-25-000030.md) | [2.1 d](/filings/0001611647-26-000006.md) | [12.7](/filings/0001611647-26-000012.md) | [14.7 d](/filings/0001611647-26-000018.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [425](/filings/0001437749-24-005542.md) | [595](/filings/0001611647-25-000007.md) | [767](/filings/0001611647-26-000006.md) | [975](/filings/0001611647-26-000006.md) | [1,102](/filings/0001611647-26-000006.md) |
| Gross margin | % | [38.1%](/filings/0001437749-24-005542.md) | [31.2%](/filings/0001611647-25-000007.md) | [32.7%](/filings/0001611647-26-000006.md) | [40.6%](/filings/0001611647-26-000006.md) | [40.8%](/filings/0001611647-26-000006.md) |
| Operating margin | % | [(5.8%)](/filings/0001437749-24-005542.md) | [(8.7%)](/filings/0001611647-25-000007.md) | [(4.0%)](/filings/0001611647-26-000006.md) | [3.9%](/filings/0001611647-26-000006.md) | [6.9%](/filings/0001611647-26-000006.md) |
| Net margin | % | [(7.0%)](/filings/0001437749-24-005542.md) | [(10.0%)](/filings/0001611647-25-000007.md) | [(4.4%)](/filings/0001611647-26-000006.md) | [4.8%](/filings/0001611647-26-000006.md) | [12.6%](/filings/0001611647-26-000006.md) |
| Diluted EPS | $ per share | [(0.69)](/filings/0001437749-24-005542.md) | [(1.29)](/filings/0001611647-25-000007.md) | [(0.70)](/filings/0001611647-26-000006.md) | [0.93](/filings/0001611647-26-000006.md) | [2.64](/filings/0001611647-26-000006.md) |
| Free cash flow | $m | [(321)](/filings/0001437749-24-005542.md) | [(273)](/filings/0001611647-25-000007.md) | [(163)](/filings/0001611647-26-000006.md) | [(32.8)](/filings/0001611647-26-000006.md) | [12.4](/filings/0001611647-26-000006.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/frpt/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $348.0m | 5,886,208 |  | Added +11,603 |
| [Capital World Investors](/funds/1422849.md) | 2026-06-30 | $180.0m | 3,044,165 |  | Added +58,279 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $173.6m | 2,936,578 |  | Added +104,973 |
| [WELLINGTON MANAGEMENT GROUP LLP](/funds/902219.md) | 2026-06-30 | $167.3m | 2,829,688 |  | Added +298,460 |
| [WASATCH ADVISORS LP](/funds/814133.md) | 2026-06-30 | $166.7m | 2,819,293 |  | Reduced −1,322,144 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $131.7m | 2,227,464 |  | Added +34,424 |
| [BANK OF MONTREAL /CAN/](/funds/927971.md) | 2026-06-30 | $117.4m | 1,984,961 |  | Added +117,585 |
| [ALLIANCEBERNSTEIN L.P.](/funds/1109448.md) | 2026-06-30 | $110.7m | 1,878,019 |  | Added +328,121 |
| [WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC](/funds/1644956.md) | 2026-06-30 | $107.1m | 1,810,994 |  | Reduced −2,191 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $94.8m | 1,603,257 |  | Added +54,150 |

## Recent filings

[All 1,017 filings](/companies/frpt/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-23 | 16:14 ET | [8-K](/filings/0000929638-26-004016.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0000929638-26-004016 |
| 2026-08-05 | 16:08 ET | [10-Q](/filings/0001611647-26-000018.md) | Quarterly report, period 2026-06-30 | 0001611647-26-000018 |
| 2026-08-05 | 06:33 ET | [8-K](/filings/0001611647-26-000016.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001611647-26-000016 |
| 2026-06-24 | 09:12 ET | [8-K](/filings/0000929638-26-002308.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0000929638-26-002308 |
| 2026-06-11 | 16:05 ET | [8-K](/filings/0000929638-26-002206.md) | 5.07 Shareholder vote results | 0000929638-26-002206 |
| 2026-05-06 | 16:12 ET | [10-Q](/filings/0001611647-26-000012.md) | Quarterly report, period 2026-03-31 | 0001611647-26-000012 |
| 2026-05-06 | 06:30 ET | [8-K](/filings/0001611647-26-000008.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001611647-26-000008 |
| 2026-04-27 | 16:06 ET | [DEF 14A](/filings/0001140361-26-017084.md) | Proxy statement, period 2026-06-10 | 0001140361-26-017084 |
| 2026-02-23 | 16:06 ET | [10-K](/filings/0001611647-26-000006.md) | Annual report, period 2025-12-31 | 0001611647-26-000006 |
| 2026-02-23 | 06:31 ET | [8-K](/filings/0001611647-26-000002.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001611647-26-000002 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001611647-26-000006.md), filed Feb 23, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/69a12935-48fc-4e2f-9241-a52c7f5545f4)

## About the filer

- CIK: 1611647
- Tickers: FRPT
- Exchange: Nasdaq
- SIC code: 2040 Grain Mill Products
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:44 ET. No prices; not investment advice.