Freshpet, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $305.6M | $297.6M | $285.2M | $288.8M | $264.7M | $263.2M | $262.7M | $253.4M |
| Cost of Revenue | $176.9M | $177.0M | $161.8M | $174.7M | $156.5M | $159.5M | $151.1M | $151.1M |
| Gross Profit | $128.7M | $120.7M | $123.5M | $114.2M | $108.2M | $103.8M | $111.6M | $102.2M |
| Gross Margin | 42.1% | 40.5% | 43.3% | 39.5% | 40.9% | 39.4% | 42.5% | 40.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $107.0M | $116.3M | $79.0M | $89.3M | $90.4M | $115.3M | $92.2M | $90.3M |
| Operating Income | $21.7M | $4.3M | $44.5M | $24.9M | $17.8M | $-11.5M | $19.4M | $11.9M |
| Operating Margin | 7.1% | 1.5% | 15.6% | 8.6% | 6.7% | -4.4% | 7.4% | 4.7% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $25.6M | $65.6M | $43.4M | $23.7M | $16.3M | $-12.6M | $18.6M | $11.9M |
| Income Tax Expense | $6.1M | $17.1M | $9.6M | $-78.0M | $-102.0K | $134.0K | $436.0K | $54.0K |
| Net Income | $19.5M | $48.5M | $33.8M | $101.7M | $16.4M | $-12.7M | $18.1M | $11.9M |
| Net Margin | 6.4% | 16.3% | 11.9% | 35.2% | 6.2% | -4.8% | 6.9% | 4.7% |
| EPS (Basic) | $0.40 | $0.99 | $0.69 | $2.08 | $0.34 | $-0.26 | $0.37 | $0.25 |
| EPS (Diluted) | $0.39 | $0.91 | $0.71 | $1.86 | $0.33 | $-0.26 | $0.35 | $0.24 |
| Shares Outstanding (Basic) | 49.2M | 49.1M | 48.8M | 48.8M | 48.8M | 48.7M | 48.5M | 48.5M |
| Shares Outstanding (Diluted) | 55.8M | 56.1M | 56.0M | 55.9M | 50.2M | 48.7M | 50.3M | 50.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |