Freshpet, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $278.0M | $268.6M | $296.9M | $132.7M | $72.8M | $67.2M | $9.5M | $7.6M |
| Accounts Receivable | $63.8M | $68.4M | $56.8M | $57.6M | $34.8M | $18.4M | $18.6M | $12.3M |
| Inventory | $76.8M | $80.8M | $63.2M | $58.3M | $35.6M | $19.1M | $12.5M | $9.3M |
| Total Current Assets | $435.7M | $437.0M | $427.3M | $262.0M | $150.3M | $109.1M | $54.3M | $31.0M |
| Property, Plant & Equipment | — | — | $979.2M | $800.6M | $583.9M | $281.1M | $165.3M | $102.1M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $1.78B | $1.57B | $1.46B | $1.13B | $784.4M | $434.4M | $236.1M | $140.0M |
| Liabilities | ||||||||
| Accounts Payable | $42.4M | $39.2M | $36.1M | $55.1M | $42.6M | $16.5M | $18.7M | $9.2M |
| Total Current Liabilities | $78.6M | $98.9M | $89.2M | $89.6M | $58.9M | $33.1M | $42.0M | $18.2M |
| Long-Term Debt | — | — | — | — | — | $0 | $54.5M | — |
| Total Liabilities | $569.1M | $519.5M | $511.0M | $93.8M | $64.7M | $40.2M | $104.9M | $18.5M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-142.7M | $-281.8M | $-328.7M | $-295.1M | $-235.6M | $-205.9M | $-202.7M | $-201.4M |
| Total Stockholders' Equity | $1.21B | $1.06B | $953.5M | $1.03B | $719.8M | $394.2M | $131.3M | $121.5M |