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Side-by-side financial comparison of Freshpet, Inc. (FRPT) and Priority Technology Holdings, Inc. (PRTH). Click either name above to swap in a different company.

Freshpet, Inc. is the larger business by last-quarter revenue ($285.2M vs $247.1M, roughly 1.2× Priority Technology Holdings, Inc.). Freshpet, Inc. runs the higher net margin — 11.9% vs 3.6%, a 8.2% gap on every dollar of revenue. On growth, Priority Technology Holdings, Inc. posted the faster year-over-year revenue change (8.8% vs 8.6%). Priority Technology Holdings, Inc. produced more free cash flow last quarter ($30.9M vs $2.1M). Over the past eight quarters, Freshpet, Inc.'s revenue compounded faster (12.9% CAGR vs 9.6%).

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.

Information technology (IT) is the study or use of computers, telecommunication systems and other devices to create, process, store, retrieve and transmit information. While the term is commonly used to refer to computers and computer networks, it also encompasses other information distribution technologies such as television and telephones. Information technology is an application of computer science and computer engineering.

FRPT vs PRTH — Head-to-Head

Bigger by revenue
FRPT
FRPT
1.2× larger
FRPT
$285.2M
$247.1M
PRTH
Growing faster (revenue YoY)
PRTH
PRTH
+0.3% gap
PRTH
8.8%
8.6%
FRPT
Higher net margin
FRPT
FRPT
8.2% more per $
FRPT
11.9%
3.6%
PRTH
More free cash flow
PRTH
PRTH
$28.8M more FCF
PRTH
$30.9M
$2.1M
FRPT
Faster 2-yr revenue CAGR
FRPT
FRPT
Annualised
FRPT
12.9%
9.6%
PRTH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FRPT
FRPT
PRTH
PRTH
Revenue
$285.2M
$247.1M
Net Profit
$33.8M
$8.9M
Gross Margin
43.3%
Operating Margin
15.6%
13.6%
Net Margin
11.9%
3.6%
Revenue YoY
8.6%
8.8%
Net Profit YoY
86.6%
23.9%
EPS (diluted)
$0.71
$0.10

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
PRTH
PRTH
Q4 25
$285.2M
$247.1M
Q3 25
$288.8M
$241.4M
Q2 25
$264.7M
$239.8M
Q1 25
$263.2M
$224.6M
Q4 24
$262.7M
$227.1M
Q3 24
$253.4M
$227.0M
Q2 24
$235.3M
$219.9M
Q1 24
$223.8M
$205.7M
Net Profit
FRPT
FRPT
PRTH
PRTH
Q4 25
$33.8M
$8.9M
Q3 25
$101.7M
$27.6M
Q2 25
$16.4M
$10.9M
Q1 25
$-12.7M
$8.3M
Q4 24
$18.1M
$7.2M
Q3 24
$11.9M
$10.6M
Q2 24
$-1.7M
$994.0K
Q1 24
$18.6M
$5.2M
Gross Margin
FRPT
FRPT
PRTH
PRTH
Q4 25
43.3%
Q3 25
39.5%
Q2 25
40.9%
Q1 25
39.4%
Q4 24
42.5%
Q3 24
40.4%
Q2 24
39.9%
Q1 24
39.4%
Operating Margin
FRPT
FRPT
PRTH
PRTH
Q4 25
15.6%
13.6%
Q3 25
8.6%
15.6%
Q2 25
6.7%
15.6%
Q1 25
-4.4%
14.5%
Q4 24
7.4%
15.0%
Q3 24
4.7%
16.8%
Q2 24
-0.7%
15.1%
Q1 24
3.8%
13.6%
Net Margin
FRPT
FRPT
PRTH
PRTH
Q4 25
11.9%
3.6%
Q3 25
35.2%
11.4%
Q2 25
6.2%
4.5%
Q1 25
-4.8%
3.7%
Q4 24
6.9%
3.2%
Q3 24
4.7%
4.7%
Q2 24
-0.7%
0.5%
Q1 24
8.3%
2.5%
EPS (diluted)
FRPT
FRPT
PRTH
PRTH
Q4 25
$0.71
$0.10
Q3 25
$1.86
$0.34
Q2 25
$0.33
$0.14
Q1 25
$-0.26
$0.10
Q4 24
$0.35
$-0.05
Q3 24
$0.24
$0.07
Q2 24
$-0.03
$-0.23
Q1 24
$0.37
$-0.10

Balance Sheet & Financial Strength

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

Metric
FRPT
FRPT
PRTH
PRTH
Cash + ST InvestmentsLiquidity on hand
$278.0M
$77.2M
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$1.2B
$-100.4M
Total Assets
$1.8B
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRPT
FRPT
PRTH
PRTH
Q4 25
$278.0M
$77.2M
Q3 25
$274.6M
$57.0M
Q2 25
$243.7M
$50.6M
Q1 25
$243.7M
$47.6M
Q4 24
$268.6M
$58.6M
Q3 24
$274.6M
$41.1M
Q2 24
$251.7M
$34.6M
Q1 24
$257.9M
$34.3M
Total Debt
FRPT
FRPT
PRTH
PRTH
Q4 25
$1.0B
Q3 25
$997.5M
Q2 25
$917.0M
Q1 25
$918.9M
Q4 24
$920.9M
Q3 24
$808.1M
Q2 24
$809.0M
Q1 24
$631.4M
Stockholders' Equity
FRPT
FRPT
PRTH
PRTH
Q4 25
$1.2B
$-100.4M
Q3 25
$1.2B
$-110.3M
Q2 25
$1.1B
$-146.1M
Q1 25
$1.0B
$-158.3M
Q4 24
$1.1B
$-166.8M
Q3 24
$1.0B
$-165.8M
Q2 24
$995.8M
$-172.1M
Q1 24
$977.8M
$-159.9M
Total Assets
FRPT
FRPT
PRTH
PRTH
Q4 25
$1.8B
$2.4B
Q3 25
$1.7B
$2.2B
Q2 25
$1.6B
$2.0B
Q1 25
$1.6B
$1.9B
Q4 24
$1.6B
$1.8B
Q3 24
$1.5B
$1.8B
Q2 24
$1.5B
$1.7B
Q1 24
$1.5B
$1.6B

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
PRTH
PRTH
Operating Cash FlowLast quarter
$55.1M
$36.8M
Free Cash FlowOCF − Capex
$2.1M
$30.9M
FCF MarginFCF / Revenue
0.7%
12.5%
Capex IntensityCapex / Revenue
18.6%
2.4%
Cash ConversionOCF / Net Profit
1.63×
4.12×
TTM Free Cash FlowTrailing 4 quarters
$12.4M
$75.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRPT
FRPT
PRTH
PRTH
Q4 25
$55.1M
$36.8M
Q3 25
$66.8M
$36.1M
Q2 25
$33.9M
$17.1M
Q1 25
$4.8M
$10.0M
Q4 24
$50.4M
$23.8M
Q3 24
$56.1M
$19.8M
Q2 24
$42.4M
$28.7M
Q1 24
$5.4M
$13.3M
Free Cash Flow
FRPT
FRPT
PRTH
PRTH
Q4 25
$2.1M
$30.9M
Q3 25
$31.6M
$30.1M
Q2 25
$445.0K
$9.2M
Q1 25
$-21.7M
$4.9M
Q4 24
$-7.9M
$19.1M
Q3 24
$22.1M
$14.5M
Q2 24
$-5.9M
$23.6M
Q1 24
$-41.1M
$6.7M
FCF Margin
FRPT
FRPT
PRTH
PRTH
Q4 25
0.7%
12.5%
Q3 25
10.9%
12.5%
Q2 25
0.2%
3.8%
Q1 25
-8.2%
2.2%
Q4 24
-3.0%
8.4%
Q3 24
8.7%
6.4%
Q2 24
-2.5%
10.7%
Q1 24
-18.3%
3.3%
Capex Intensity
FRPT
FRPT
PRTH
PRTH
Q4 25
18.6%
2.4%
Q3 25
12.2%
2.5%
Q2 25
12.6%
3.3%
Q1 25
10.1%
2.3%
Q4 24
22.2%
2.0%
Q3 24
13.4%
2.3%
Q2 24
20.5%
2.3%
Q1 24
20.8%
3.2%
Cash Conversion
FRPT
FRPT
PRTH
PRTH
Q4 25
1.63×
4.12×
Q3 25
0.66×
1.31×
Q2 25
2.07×
1.57×
Q1 25
1.20×
Q4 24
2.78×
3.29×
Q3 24
4.72×
1.87×
Q2 24
28.87×
Q1 24
0.29×
2.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FRPT
FRPT

Sales Channel Grocery Mass International And Digital$228.4M80%
Sales Channel Pet Specialty And Club$56.8M20%

PRTH
PRTH

Segment breakdown not available.

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