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

Freshpet, Inc. is the larger business by last-quarter revenue ($297.6M vs $287.8M, roughly 1.0× QUINSTREET, INC). QUINSTREET, INC runs the higher net margin — 17.4% vs 16.3%, a 1.2% gap on every dollar of revenue. On growth, Freshpet, Inc. posted the faster year-over-year revenue change (13.1% vs 1.9%). QUINSTREET, INC produced more free cash flow last quarter ($20.7M vs $12.7M). Over the past eight quarters, QUINSTREET, INC's revenue compounded faster (53.2% CAGR vs 12.5%).

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.

QuinStreet, Inc. is a publicly traded online marketing company based in Foster City, California. The company helps generate web traffic for clients by acquiring popular domain names.

FRPT vs QNST — Head-to-Head

Bigger by revenue
FRPT
FRPT
1.0× larger
FRPT
$297.6M
$287.8M
QNST
Growing faster (revenue YoY)
FRPT
FRPT
+11.2% gap
FRPT
13.1%
1.9%
QNST
Higher net margin
QNST
QNST
1.2% more per $
QNST
17.4%
16.3%
FRPT
More free cash flow
QNST
QNST
$8.0M more FCF
QNST
$20.7M
$12.7M
FRPT
Faster 2-yr revenue CAGR
QNST
QNST
Annualised
QNST
53.2%
12.5%
FRPT

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
FRPT
FRPT
QNST
QNST
Revenue
$297.6M
$287.8M
Net Profit
$48.5M
$50.2M
Gross Margin
40.5%
9.6%
Operating Margin
0.4%
Net Margin
16.3%
17.4%
Revenue YoY
13.1%
1.9%
Net Profit YoY
482.0%
3342.5%
EPS (diluted)
$0.87

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
QNST
QNST
Q1 26
$297.6M
Q4 25
$285.2M
$287.8M
Q3 25
$288.8M
$285.9M
Q2 25
$264.7M
Q1 25
$263.2M
$269.8M
Q4 24
$262.7M
$282.6M
Q3 24
$253.4M
$279.2M
Q2 24
$235.3M
$198.3M
Net Profit
FRPT
FRPT
QNST
QNST
Q1 26
$48.5M
Q4 25
$33.8M
$50.2M
Q3 25
$101.7M
$4.5M
Q2 25
$16.4M
Q1 25
$-12.7M
$4.4M
Q4 24
$18.1M
$-1.5M
Q3 24
$11.9M
$-1.4M
Q2 24
$-1.7M
$-2.2M
Gross Margin
FRPT
FRPT
QNST
QNST
Q1 26
40.5%
Q4 25
43.3%
9.6%
Q3 25
39.5%
9.4%
Q2 25
40.9%
Q1 25
39.4%
10.3%
Q4 24
42.5%
9.5%
Q3 24
40.4%
10.2%
Q2 24
39.9%
8.8%
Operating Margin
FRPT
FRPT
QNST
QNST
Q1 26
Q4 25
15.6%
0.4%
Q3 25
8.6%
1.7%
Q2 25
6.7%
Q1 25
-4.4%
1.8%
Q4 24
7.4%
-0.5%
Q3 24
4.7%
-0.4%
Q2 24
-0.7%
-0.7%
Net Margin
FRPT
FRPT
QNST
QNST
Q1 26
16.3%
Q4 25
11.9%
17.4%
Q3 25
35.2%
1.6%
Q2 25
6.2%
Q1 25
-4.8%
1.6%
Q4 24
6.9%
-0.5%
Q3 24
4.7%
-0.5%
Q2 24
-0.7%
-1.1%
EPS (diluted)
FRPT
FRPT
QNST
QNST
Q1 26
Q4 25
$0.71
$0.87
Q3 25
$1.86
$0.08
Q2 25
$0.33
Q1 25
$-0.26
$0.08
Q4 24
$0.35
$-0.03
Q3 24
$0.24
$-0.02
Q2 24
$-0.03
$-0.04

Balance Sheet & Financial Strength

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

Metric
FRPT
FRPT
QNST
QNST
Cash + ST InvestmentsLiquidity on hand
$381.4M
$107.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$294.4M
Total Assets
$1.8B
$493.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRPT
FRPT
QNST
QNST
Q1 26
$381.4M
Q4 25
$278.0M
$107.0M
Q3 25
$274.6M
$101.3M
Q2 25
$243.7M
Q1 25
$243.7M
$81.8M
Q4 24
$268.6M
$57.8M
Q3 24
$274.6M
$25.0M
Q2 24
$251.7M
$50.5M
Stockholders' Equity
FRPT
FRPT
QNST
QNST
Q1 26
$1.3B
Q4 25
$1.2B
$294.4M
Q3 25
$1.2B
$246.7M
Q2 25
$1.1B
Q1 25
$1.0B
$235.5M
Q4 24
$1.1B
$224.3M
Q3 24
$1.0B
$219.8M
Q2 24
$995.8M
$216.8M
Total Assets
FRPT
FRPT
QNST
QNST
Q1 26
$1.8B
Q4 25
$1.8B
$493.0M
Q3 25
$1.7B
$442.6M
Q2 25
$1.6B
Q1 25
$1.6B
$417.2M
Q4 24
$1.6B
$409.6M
Q3 24
$1.5B
$401.2M
Q2 24
$1.5B
$368.5M

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
QNST
QNST
Operating Cash FlowLast quarter
$21.6M
Free Cash FlowOCF − Capex
$12.7M
$20.7M
FCF MarginFCF / Revenue
4.3%
7.2%
Capex IntensityCapex / Revenue
9.3%
0.3%
Cash ConversionOCF / Net Profit
0.43×
TTM Free Cash FlowTrailing 4 quarters
$46.8M
$106.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRPT
FRPT
QNST
QNST
Q1 26
Q4 25
$55.1M
$21.6M
Q3 25
$66.8M
$19.6M
Q2 25
$33.9M
Q1 25
$4.8M
$30.1M
Q4 24
$50.4M
$38.7M
Q3 24
$56.1M
$-13.7M
Q2 24
$42.4M
$16.6M
Free Cash Flow
FRPT
FRPT
QNST
QNST
Q1 26
$12.7M
Q4 25
$2.1M
$20.7M
Q3 25
$31.6M
$18.4M
Q2 25
$445.0K
Q1 25
$-21.7M
$29.5M
Q4 24
$-7.9M
$38.2M
Q3 24
$22.1M
$-14.1M
Q2 24
$-5.9M
$15.4M
FCF Margin
FRPT
FRPT
QNST
QNST
Q1 26
4.3%
Q4 25
0.7%
7.2%
Q3 25
10.9%
6.4%
Q2 25
0.2%
Q1 25
-8.2%
10.9%
Q4 24
-3.0%
13.5%
Q3 24
8.7%
-5.1%
Q2 24
-2.5%
7.8%
Capex Intensity
FRPT
FRPT
QNST
QNST
Q1 26
9.3%
Q4 25
18.6%
0.3%
Q3 25
12.2%
0.4%
Q2 25
12.6%
Q1 25
10.1%
0.2%
Q4 24
22.2%
0.2%
Q3 24
13.4%
0.2%
Q2 24
20.5%
0.6%
Cash Conversion
FRPT
FRPT
QNST
QNST
Q1 26
Q4 25
1.63×
0.43×
Q3 25
0.66×
4.32×
Q2 25
2.07×
Q1 25
6.82×
Q4 24
2.78×
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.

QNST
QNST

Financial Service$216.8M75%
Home Services And Other Revenue$71.0M25%

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