vs

Side-by-side financial comparison of Freshpet, Inc. (FRPT) and Mirion Technologies, Inc. (MIR). Click either name above to swap in a different company.

Freshpet, Inc. is the larger business by last-quarter revenue ($297.6M vs $257.6M, roughly 1.2× Mirion Technologies, Inc.). On growth, Mirion Technologies, Inc. posted the faster year-over-year revenue change (27.5% vs 13.1%). Over the past eight quarters, Freshpet, Inc.'s revenue compounded faster (12.5% CAGR vs 11.5%).

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.

Mirion Technologies, Inc. is a global provider of radiation detection, monitoring, and safety solutions. Its core offerings include personal dosimetry systems, radiation imaging equipment, and risk management software, serving nuclear power, healthcare, defense, and industrial sectors across North America, Europe, and the Asia Pacific.

FRPT vs MIR — Head-to-Head

Bigger by revenue
FRPT
FRPT
1.2× larger
FRPT
$297.6M
$257.6M
MIR
Growing faster (revenue YoY)
MIR
MIR
+14.5% gap
MIR
27.5%
13.1%
FRPT
Faster 2-yr revenue CAGR
FRPT
FRPT
Annualised
FRPT
12.5%
11.5%
MIR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FRPT
FRPT
MIR
MIR
Revenue
$297.6M
$257.6M
Net Profit
$48.5M
Gross Margin
40.5%
46.2%
Operating Margin
1.4%
Net Margin
16.3%
Revenue YoY
13.1%
27.5%
Net Profit YoY
482.0%
EPS (diluted)
$-0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FRPT
FRPT
MIR
MIR
Q1 26
$297.6M
$257.6M
Q4 25
$285.2M
$277.4M
Q3 25
$288.8M
$223.1M
Q2 25
$264.7M
$222.9M
Q1 25
$263.2M
$202.0M
Q4 24
$262.7M
$254.3M
Q3 24
$253.4M
$206.8M
Q2 24
$235.3M
$207.1M
Net Profit
FRPT
FRPT
MIR
MIR
Q1 26
$48.5M
Q4 25
$33.8M
$17.3M
Q3 25
$101.7M
$2.9M
Q2 25
$16.4M
$8.3M
Q1 25
$-12.7M
$300.0K
Q4 24
$18.1M
$15.0M
Q3 24
$11.9M
$-13.6M
Q2 24
$-1.7M
$-11.7M
Gross Margin
FRPT
FRPT
MIR
MIR
Q1 26
40.5%
46.2%
Q4 25
43.3%
48.8%
Q3 25
39.5%
46.8%
Q2 25
40.9%
46.0%
Q1 25
39.4%
47.6%
Q4 24
42.5%
48.1%
Q3 24
40.4%
44.9%
Q2 24
39.9%
47.0%
Operating Margin
FRPT
FRPT
MIR
MIR
Q1 26
1.4%
Q4 25
15.6%
9.2%
Q3 25
8.6%
3.3%
Q2 25
6.7%
4.4%
Q1 25
-4.4%
4.3%
Q4 24
7.4%
11.4%
Q3 24
4.7%
-0.8%
Q2 24
-0.7%
1.1%
Net Margin
FRPT
FRPT
MIR
MIR
Q1 26
16.3%
Q4 25
11.9%
6.2%
Q3 25
35.2%
1.3%
Q2 25
6.2%
3.7%
Q1 25
-4.8%
0.1%
Q4 24
6.9%
5.9%
Q3 24
4.7%
-6.6%
Q2 24
-0.7%
-5.6%
EPS (diluted)
FRPT
FRPT
MIR
MIR
Q1 26
$-0.01
Q4 25
$0.71
$0.07
Q3 25
$1.86
$0.01
Q2 25
$0.33
$0.03
Q1 25
$-0.26
$0.00
Q4 24
$0.35
$0.08
Q3 24
$0.24
$-0.07
Q2 24
$-0.03
$-0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FRPT
FRPT
MIR
MIR
Cash + ST InvestmentsLiquidity on hand
$381.4M
$397.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$1.9B
Total Assets
$1.8B
$3.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRPT
FRPT
MIR
MIR
Q1 26
$381.4M
$397.9M
Q4 25
$278.0M
$412.3M
Q3 25
$274.6M
$933.2M
Q2 25
$243.7M
$262.6M
Q1 25
$243.7M
$185.8M
Q4 24
$268.6M
$175.2M
Q3 24
$274.6M
$133.3M
Q2 24
$251.7M
$122.2M
Total Debt
FRPT
FRPT
MIR
MIR
Q1 26
Q4 25
Q3 25
$444.8M
Q2 25
$444.9M
Q1 25
$686.6M
Q4 24
$686.4M
Q3 24
$685.1M
Q2 24
$684.1M
Stockholders' Equity
FRPT
FRPT
MIR
MIR
Q1 26
$1.3B
$1.9B
Q4 25
$1.2B
$1.9B
Q3 25
$1.2B
$1.8B
Q2 25
$1.1B
$1.5B
Q1 25
$1.0B
$1.5B
Q4 24
$1.1B
$1.5B
Q3 24
$1.0B
$1.5B
Q2 24
$995.8M
$1.5B
Total Assets
FRPT
FRPT
MIR
MIR
Q1 26
$1.8B
$3.5B
Q4 25
$1.8B
$3.6B
Q3 25
$1.7B
$3.5B
Q2 25
$1.6B
$2.7B
Q1 25
$1.6B
$2.6B
Q4 24
$1.6B
$2.6B
Q3 24
$1.5B
$2.7B
Q2 24
$1.5B
$2.6B
Debt / Equity
FRPT
FRPT
MIR
MIR
Q1 26
Q4 25
Q3 25
0.24×
Q2 25
0.30×
Q1 25
0.46×
Q4 24
0.46×
Q3 24
0.45×
Q2 24
0.45×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FRPT
FRPT
MIR
MIR
Operating Cash FlowLast quarter
$18.9M
Free Cash FlowOCF − Capex
$12.7M
FCF MarginFCF / Revenue
4.3%
Capex IntensityCapex / Revenue
9.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$46.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRPT
FRPT
MIR
MIR
Q1 26
$18.9M
Q4 25
$55.1M
$73.0M
Q3 25
$66.8M
$22.3M
Q2 25
$33.9M
$12.4M
Q1 25
$4.8M
$35.6M
Q4 24
$50.4M
$60.8M
Q3 24
$56.1M
$17.1M
Q2 24
$42.4M
$15.2M
Free Cash Flow
FRPT
FRPT
MIR
MIR
Q1 26
$12.7M
Q4 25
$2.1M
$63.2M
Q3 25
$31.6M
$13.0M
Q2 25
$445.0K
$3.6M
Q1 25
$-21.7M
$27.1M
Q4 24
$-7.9M
$49.1M
Q3 24
$22.1M
$3.9M
Q2 24
$-5.9M
$4.1M
FCF Margin
FRPT
FRPT
MIR
MIR
Q1 26
4.3%
Q4 25
0.7%
22.8%
Q3 25
10.9%
5.8%
Q2 25
0.2%
1.6%
Q1 25
-8.2%
13.4%
Q4 24
-3.0%
19.3%
Q3 24
8.7%
1.9%
Q2 24
-2.5%
2.0%
Capex Intensity
FRPT
FRPT
MIR
MIR
Q1 26
9.3%
Q4 25
18.6%
3.5%
Q3 25
12.2%
4.2%
Q2 25
12.6%
3.9%
Q1 25
10.1%
4.2%
Q4 24
22.2%
4.6%
Q3 24
13.4%
6.4%
Q2 24
20.5%
5.4%
Cash Conversion
FRPT
FRPT
MIR
MIR
Q1 26
Q4 25
1.63×
4.22×
Q3 25
0.66×
7.69×
Q2 25
2.07×
1.49×
Q1 25
118.67×
Q4 24
2.78×
4.05×
Q3 24
4.72×
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FRPT
FRPT

Segment breakdown not available.

MIR
MIR

Product$197.0M76%
Service$60.6M24%

Related Comparisons