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Freshpet, Inc.

Freshpet, Inc.FRPTEarnings & Financial Report

Nasdaq

Freshpet, Inc. is an American pet food company. Its cat food and dog food products are marketed as fresh and need to be kept refrigerated. It is listed on the Nasdaq exchange with the ticker symbol FRPT.

NextMar 13, 2026

FRPT Q3 2025 Key Financial Metrics

Revenue

$288.8M

Gross Profit

$114.2M

Operating Profit

$24.9M

Net Profit

$101.7M

Gross Margin

39.5%

Operating Margin

8.6%

Net Margin

35.2%

YoY Growth

14.0%

EPS

$1.86

Financial Flow

Freshpet, Inc. Q3 2025 Financial Summary

Freshpet, Inc. reported revenue of $288.8M for Q3 2025, with a net profit of $101.7M (35.2% margin). Cost of goods sold was $174.7M, operating expenses totaled $89.3M.

Key Financial Metrics

Total Revenue$288.8M
Net Profit$101.7M
Gross Margin39.5%
Operating Margin8.6%
Report PeriodQ3 2025

Freshpet, Inc. Annual Revenue by Year

Freshpet, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $975.2M).

YearAnnual Revenue
2024$975.2M
2023$766.9M
2022$595.3M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$215.4M$223.8M$235.3M$253.4M$262.7M$263.2M$264.7M$288.8M
YoY Growth29.9%33.6%28.3%26.3%22.0%17.6%12.5%14.0%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$1.46B$1.48B$1.51B$1.53B$1.57B$1.56B$1.65B$1.75B
Liabilities$511.0M$502.7M$510.5M$510.3M$519.5M$509.5M$575.8M$567.1M
Equity$953.5M$977.8M$995.8M$1.02B$1.06B$1.05B$1.07B$1.18B

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$37.0M$5.4M$42.4M$56.1M$50.4M$4.8M$33.9M$66.8M