FRPT
Freshpet Inc
NASDAQ: FRPT · CONSUMER DEFENSIVE · PACKAGED FOODS
$66.14
+0.75% today
Updated 2026-04-29
Market cap
$3.25B
P/E ratio
25.05
P/S ratio
2.95x
EPS (TTM)
$2.64
Dividend yield
—
52W range
$47 – $90
Volume
1.6M
Freshpet Inc (FRPT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $43.52M | $63.15M | $86.76M | $116.19M | $133.05M | $156.38M | $193.24M | $245.86M | $318.79M | $425.49M | $595.34M | $766.89M | $975.18M | $1.10B |
| Revenue growth (YoY) | — | +45.1% | +37.4% | +33.9% | +14.5% | +17.5% | +23.6% | +27.2% | +29.7% | +33.5% | +39.9% | +28.8% | +27.2% | +13.0% |
| Cost of revenue | $22.88M | $35.96M | $44.55M | $61.54M | $72.68M | $83.96M | $103.25M | $131.66M | $185.88M | $263.34M | $409.31M | $516.02M | $579.22M | $676.82M |
| Gross profit | $20.64M | $27.19M | $42.22M | $54.65M | $60.37M | $72.42M | $89.99M | $114.20M | $132.91M | $162.15M | $186.03M | $250.87M | $395.96M | $425.20M |
| Gross margin | 47.4% | 43.1% | 48.7% | 47.0% | 45.4% | 46.3% | 46.6% | 46.4% | 41.7% | 38.1% | 31.2% | 32.7% | 40.6% | 38.6% |
| R&D | — | — | $0.00 | $0.00 | $470150.00 | $284574.00 | $486797.00 | $1.16M | $800000.00 | — | — | — | — | — |
| SG&A | $19.55M | $20.66M | $20.72M | $41.43M | $44.41M | $55.42M | $66.75M | $90.07M | $104.32M | $135.97M | $159.21M | $8.11M | $277.20M | $373.95M |
| Operating income | $-14.75M | $-12.38M | $-6.42M | $-3.65M | $-2.21M | $-2.75M | $-4.89M | $-253000.00 | $-2.00M | $-24.66M | $-51.98M | $-30.45M | $38.00M | $94.96M |
| Operating margin | -33.9% | -19.6% | -7.4% | -3.1% | -1.7% | -1.8% | -2.5% | -0.1% | -0.6% | -5.8% | -8.7% | -4.0% | 3.9% | 8.6% |
| EBITDA | $-10.50M | $-6.97M | $-321669.00 | $4.37M | $7.31M | $9.42M | $9.08M | $15.67M | $19.21M | $5.82M | $-15.72M | $41.10M | $133.40M | $171.76M |
| EBITDA margin | -24.1% | -11.0% | -0.4% | 3.8% | 5.5% | 6.0% | 4.7% | 6.4% | 6.0% | 1.4% | -2.6% | 5.4% | 13.7% | 15.6% |
| EBIT | $-15.22M | $-12.92M | $-6.75M | $-3.20M | $-2.40M | $-3.28M | $-4.99M | $-248000.00 | $-1.91M | $-24.65M | $-50.27M | $-17.42M | $59.78M | $84.89M |
| Interest expense | $3.53M | $8.74M | $30.55M | $454567.00 | $698119.00 | $910492.00 | $296234.00 | $991000.00 | $1.21M | $2.88M | $5.21M | $14.10M | $12.26M | $14.12M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-18.66M | $-21.69M | $-37.34M | $-3.71M | $-3.16M | $-4.26M | $-5.36M | $-1.38M | $-3.19M | $-29.70M | $-59.49M | $-33.61M | $46.92M | $139.14M |
| Net income growth (YoY) | — | -16.2% | -72.2% | +90.1% | +14.8% | -34.9% | -25.8% | +74.2% | -130.5% | -831.6% | -100.3% | +43.5% | +239.6% | +196.5% |
| Profit margin | -42.9% | -34.3% | -43.0% | -3.2% | -2.4% | -2.7% | -2.8% | -0.6% | -1.0% | -7.0% | -10.0% | -4.4% | 4.8% | 12.6% |