Freshpet, Inc.

FRPT Consumer Defensive Packaged Foods

Freshpet, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 13.0% from fiscal 2024.

Revenue
+10.0%
EPS
−70.5%
Free cash flow
+19.9%
Total debt
−0.05%

Quarter to September 2026, against a year earlier

65.42 5.87 −8.23%
Market cap
$3.1B
P/E
24.3×
Fwd P/E
34.4×
Dividend yield
—
F-score
8/9
Altman Z
4.02
Beneish M
−1.93
Dividend safety
n/a

Freshpet, Inc. (FRPT) Gross margin

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Freshpet, Inc.'s gross margin over the twelve months to 30 September 2026 was 42.6%, up 1.8 percentage points from fiscal 2025 (40.8%). Over the past ten years it has ranged from 31.3% (fiscal 2022) to 47.5% (fiscal 2017); the current reading is higher than 45% of that period. That is above the Packaged Foods industry median of 28.4% and above the Consumer Defensive sector median of 34.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 40.8% 0.20
FY2024 40.6% 7.89
FY2023 32.7% 1.46
FY2022 31.3% (6.86)
FY2021 38.1% (3.58)
FY2020 41.7% (4.76)
FY2019 46.5% (0.12)
FY2018 46.6% (0.96)
FY2017 47.5% 0.99
FY2016 46.5% (0.50)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 44.5% 2.35
Jun 2026 42.1% 1.57
Mar 2026 40.5% (2.74)
Dec 2025 43.3% 3.75
43 more quarters

Against its own ten years

Low 31.3% High 47.5%
Ten-year median 41.7%
Current reading's percentile 56

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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