Financials in USD. Standardized financial statements.
A compact view of how Freshpet, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.10B | $975.18M | $766.89M | $595.34M | $425.49M | $318.79M | $245.86M | $193.24M | $156.38M | $133.05M |
| Revenue Growth? | +13.0% | +27.2% | +28.8% | +39.9% | +33.5% | +29.7% | +27.2% | +23.6% | +17.5% | 0.0% |
| Cost of Revenue? | $676.82M | $579.22M | $516.02M | $409.31M | $263.34M | $185.88M | $131.66M | $103.25M | $83.96M | $72.68M |
| Gross Profit? | $425.20M | $395.96M | $250.87M | $186.03M | $162.15M | $132.91M | $114.20M | $89.99M | $72.42M | $60.37M |
| Gross Margin? | +38.6% | +40.6% | +32.7% | +31.2% | +38.1% | +41.7% | +46.4% | +46.6% | +46.3% | +45.4% |
| Operating Expenses? | $330.24M | $357.96M | $281.32M | $238.02M | $186.81M | $134.91M | $114.45M | $94.88M | $75.17M | $62.59M |
| Operating Income? | $94.96M | $38.00M | -$30.45M | -$51.98M | -$24.66M | -$2.00M | -$253,000 | -$4.89M | -$2.75M | -$2.21M |
| EBITDA? | $171.76M | $133.40M | $41.10M | -$15.72M | $5.82M | $19.21M | $15.67M | $9.08M | $9.42M | $7.31M |
| Income Before Tax | $70.77M | $47.52M | -$33.40M | -$59.21M | -$29.54M | -$3.12M | -$1.24M | -$5.28M | -$4.19M | -$3.09M |
| Income Tax Expense | -$68.36M | $598,000 | $210,000 | $282,000 | $162,000 | $65,000 | $144,000 | $77,096 | $75,195 | $65,754 |
| Net Income? | $139.14M | $46.92M | -$33.61M | -$59.49M | -$29.70M | -$3.19M | -$1.38M | -$5.36M | -$4.26M | -$3.16M |
| EPS? | $2.85 | $0.97 | $-0.70 | $-1.29 | $-0.69 | $-0.08 | $-0.04 | $-0.15 | $-0.12 | $-0.09 |
| Diluted EPS? | $2.64 | $0.93 | $-0.70 | $-1.29 | $-0.69 | $-0.08 | $-0.04 | $-0.15 | $-0.12 | $-0.09 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality