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

Freshpet, Inc. is the larger business by last-quarter revenue ($297.6M vs $208.2M, roughly 1.4× SILICON LABORATORIES INC.). On growth, SILICON LABORATORIES INC. posted the faster year-over-year revenue change (25.2% vs 13.1%). Freshpet, Inc. produced more free cash flow last quarter ($12.7M vs $-1.6M). Over the past eight quarters, SILICON LABORATORIES INC.'s revenue compounded faster (39.9% 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.

Silicon Laboratories, Inc., commonly referred to as Silicon Labs, is a fabless global technology company that designs and manufactures semiconductors, other silicon devices and software, which it sells to electronics design engineers and manufacturers in Internet of Things (IoT) infrastructure worldwide.

FRPT vs SLAB — Head-to-Head

Bigger by revenue
FRPT
FRPT
1.4× larger
FRPT
$297.6M
$208.2M
SLAB
Growing faster (revenue YoY)
SLAB
SLAB
+12.2% gap
SLAB
25.2%
13.1%
FRPT
More free cash flow
FRPT
FRPT
$14.4M more FCF
FRPT
$12.7M
$-1.6M
SLAB
Faster 2-yr revenue CAGR
SLAB
SLAB
Annualised
SLAB
39.9%
12.5%
FRPT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FRPT
FRPT
SLAB
SLAB
Revenue
$297.6M
$208.2M
Net Profit
$48.5M
Gross Margin
40.5%
63.4%
Operating Margin
-1.6%
Net Margin
16.3%
Revenue YoY
13.1%
25.2%
Net Profit YoY
482.0%
EPS (diluted)
$-0.07

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
SLAB
SLAB
Q1 26
$297.6M
$208.2M
Q4 25
$285.2M
$206.0M
Q3 25
$288.8M
$192.8M
Q2 25
$264.7M
$177.7M
Q1 25
$263.2M
Q4 24
$262.7M
$166.2M
Q3 24
$253.4M
$166.4M
Q2 24
$235.3M
$145.4M
Net Profit
FRPT
FRPT
SLAB
SLAB
Q1 26
$48.5M
Q4 25
$33.8M
$-9.9M
Q3 25
$101.7M
$-21.8M
Q2 25
$16.4M
Q1 25
$-12.7M
Q4 24
$18.1M
Q3 24
$11.9M
$-28.5M
Q2 24
$-1.7M
$-82.2M
Gross Margin
FRPT
FRPT
SLAB
SLAB
Q1 26
40.5%
63.4%
Q4 25
43.3%
57.8%
Q3 25
39.5%
56.1%
Q2 25
40.9%
55.0%
Q1 25
39.4%
Q4 24
42.5%
54.3%
Q3 24
40.4%
54.3%
Q2 24
39.9%
52.7%
Operating Margin
FRPT
FRPT
SLAB
SLAB
Q1 26
-1.6%
Q4 25
15.6%
-6.0%
Q3 25
8.6%
-11.9%
Q2 25
6.7%
-18.1%
Q1 25
-4.4%
Q4 24
7.4%
-17.2%
Q3 24
4.7%
-17.9%
Q2 24
-0.7%
-33.0%
Net Margin
FRPT
FRPT
SLAB
SLAB
Q1 26
16.3%
Q4 25
11.9%
-4.8%
Q3 25
35.2%
-11.3%
Q2 25
6.2%
Q1 25
-4.8%
Q4 24
6.9%
Q3 24
4.7%
-17.1%
Q2 24
-0.7%
-56.5%
EPS (diluted)
FRPT
FRPT
SLAB
SLAB
Q1 26
$-0.07
Q4 25
$0.71
$-0.30
Q3 25
$1.86
$-0.67
Q2 25
$0.33
$-0.94
Q1 25
$-0.26
Q4 24
$0.35
$-0.72
Q3 24
$0.24
$-0.88
Q2 24
$-0.03
$-2.56

Balance Sheet & Financial Strength

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

Metric
FRPT
FRPT
SLAB
SLAB
Cash + ST InvestmentsLiquidity on hand
$381.4M
$443.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$1.1B
Total Assets
$1.8B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRPT
FRPT
SLAB
SLAB
Q1 26
$381.4M
$443.6M
Q4 25
$278.0M
$439.0M
Q3 25
$274.6M
$415.5M
Q2 25
$243.7M
$424.8M
Q1 25
$243.7M
Q4 24
$268.6M
$382.2M
Q3 24
$274.6M
$369.7M
Q2 24
$251.7M
$339.2M
Stockholders' Equity
FRPT
FRPT
SLAB
SLAB
Q1 26
$1.3B
$1.1B
Q4 25
$1.2B
$1.1B
Q3 25
$1.2B
$1.1B
Q2 25
$1.1B
$1.1B
Q1 25
$1.0B
Q4 24
$1.1B
$1.1B
Q3 24
$1.0B
$1.1B
Q2 24
$995.8M
$1.1B
Total Assets
FRPT
FRPT
SLAB
SLAB
Q1 26
$1.8B
$1.3B
Q4 25
$1.8B
$1.3B
Q3 25
$1.7B
$1.2B
Q2 25
$1.6B
$1.2B
Q1 25
$1.6B
Q4 24
$1.6B
$1.2B
Q3 24
$1.5B
$1.2B
Q2 24
$1.5B
$1.2B

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
SLAB
SLAB
Operating Cash FlowLast quarter
$8.3M
Free Cash FlowOCF − Capex
$12.7M
$-1.6M
FCF MarginFCF / Revenue
4.3%
-0.8%
Capex IntensityCapex / Revenue
9.3%
4.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$46.8M
$65.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRPT
FRPT
SLAB
SLAB
Q1 26
$8.3M
Q4 25
$55.1M
$34.3M
Q3 25
$66.8M
$4.9M
Q2 25
$33.9M
$48.1M
Q1 25
$4.8M
Q4 24
$50.4M
$10.1M
Q3 24
$56.1M
$31.6M
Q2 24
$42.4M
$16.1M
Free Cash Flow
FRPT
FRPT
SLAB
SLAB
Q1 26
$12.7M
$-1.6M
Q4 25
$2.1M
$27.9M
Q3 25
$31.6M
$-3.8M
Q2 25
$445.0K
$43.3M
Q1 25
$-21.7M
Q4 24
$-7.9M
$6.2M
Q3 24
$22.1M
$29.4M
Q2 24
$-5.9M
$12.6M
FCF Margin
FRPT
FRPT
SLAB
SLAB
Q1 26
4.3%
-0.8%
Q4 25
0.7%
13.6%
Q3 25
10.9%
-2.0%
Q2 25
0.2%
24.4%
Q1 25
-8.2%
Q4 24
-3.0%
3.7%
Q3 24
8.7%
17.7%
Q2 24
-2.5%
8.7%
Capex Intensity
FRPT
FRPT
SLAB
SLAB
Q1 26
9.3%
4.8%
Q4 25
18.6%
3.1%
Q3 25
12.2%
4.5%
Q2 25
12.6%
2.7%
Q1 25
10.1%
Q4 24
22.2%
2.4%
Q3 24
13.4%
1.3%
Q2 24
20.5%
2.4%
Cash Conversion
FRPT
FRPT
SLAB
SLAB
Q1 26
Q4 25
1.63×
Q3 25
0.66×
Q2 25
2.07×
Q1 25
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.

SLAB
SLAB

Sales Channel Through Intermediary$157.5M76%
Sales Channel Directly To Consumer$50.7M24%

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