NASDAQ$FRPT

Freshpet Inc · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Freshpet reported Q4 2025 net sales of $285.2M (+8.6%) and net income of $33.8M.

Freshpet grew Q4 net sales 8.6% to $285.2M with volume up 9.7%. Net income was $33.8M versus $18.1M; adjusted EBITDA $61.2M. FY2025 net sales rose 13% to $1.10B with net income of $139.1M and positive free cash flow of $12.4M. Management provided FY2026 outlook in the release.

  • Q4 net sales $285.2M (+8.6%); net income $33.8M.
  • FY2025 net sales $1.10B (+13%); FCF positive $12.4M.
  • Adjusted gross margin 48.4% in Q4.
  • Island fridge tests and new manufacturing line underway.

Headline financials

Total Revenue

$285M

Previous: $263M+8.6%
EPS (adj)

$0.64

Previous: $0.36+77.8%
Free Cash Flow

$12.4M

No prior period
Net Income

$33.8M

Previous: $18.1M+86.5%
Operating Income

$44.5M

Previous: $19.4M+129.5%
Gross Profit

$123M

Previous: $112M+10.6%

Revenue & EPS history

Freshpet · Revenue · Quarterly

$285M

Q4 2025+8.6%vs Q4 2024
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

FY2026 outlook provided in earnings release for net sales growth and margin expansion.

Tailwinds

  • Household penetration and e-commerce momentum.
  • First positive annual free cash flow.
  • New manufacturing technology may improve unit economics.

Headwinds

  • Input cost inflation partially offset price/mix.
  • Higher media spend as percent of sales.
  • Capacity expansion execution risk.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+1.4%

Avg return

Earnings day

+2.8%

Avg return

5 days after

+3.6%

Avg return

30 days after

67%

37 / 55 earnings

Positive

+22.0%

Q2 2016

Best reaction

-28.7%

Q3 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-8.7%-17.6%-17.4%
Q4 2025+5.5%+13.3%-19.3%
Q3 2025+11.3%+12.3%+26.4%
Q1 2025+3.7%+5.4%+7.0%
Q4 2024-18.5%-18.0%-33.6%
Q3 2024+13.4%+17.0%+17.0%
Q2 2024+4.1%+4.9%+13.8%
Q1 2024+10.1%+9.6%+20.0%
Q4 2023+17.7%+20.4%+25.8%
Q3 2023+16.5%+15.1%+24.4%
Q2 2023+8.5%+7.9%+1.3%
Q1 2023-1.5%-0.6%-5.8%
Q4 2022+1.8%+2.7%+6.1%
Q3 2022+7.1%+14.1%+10.2%
Q2 2022-12.2%-12.4%-28.4%
Q1 2022-11.2%-30.7%-27.7%
Q4 2021+17.4%+5.1%+12.2%
Q3 2021-16.8%-17.6%-28.3%
Q2 2021-3.9%-6.8%-11.2%
Q1 2021-5.1%-4.5%-6.1%
Q4 2020-9.8%-3.3%-10.4%
Q3 2020+9.5%+18.1%+17.0%
Q2 2020+9.1%+6.4%+18.8%
Q1 2020+5.8%+1.1%+5.8%
Q4 2019-9.0%-9.8%-13.9%
Q3 2019-0.5%+7.0%+6.0%
Q2 2019-17.8%-11.1%+8.9%
Q1 2019-0.4%+2.5%+2.1%
Q4 2018+4.1%+6.2%+12.1%
Q3 2018-4.7%+0.4%-11.7%
Q2 2018+6.8%+14.5%+28.2%
Q1 2018-3.5%+5.3%+19.4%
Q4 2017-8.6%-10.6%-20.0%
Q3 2017+7.6%+10.5%+20.3%
Q2 2017+1.8%-5.8%-0.9%
Q1 2017+12.2%+19.0%+33.8%
Q4 2016+15.8%+18.4%+16.3%
Q3 2016+2.9%-4.7%+5.3%
Q2 2016+22.0%+26.1%+17.7%
Q1 2016+4.7%
Q4 2015+9.9%
Q3 2015-28.7%
Q2 2015-13.5%
Q1 2014+0.7%
Q4 2012+1.2%
Q4 2014+1.2%
Q3 2012+1.2%
Q2 2014+1.2%
Q2 2013+1.2%
Q2 2012+1.2%
Q1 2013+1.2%
Q1 2012+1.2%
Q3 2013+3.1%
Q3 2014+3.1%
Q4 2013+3.1%

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