Freshpet, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.1B | $975.2M | $766.9M | $595.3M | $425.5M |
| Cost of revenue | $652.4M | $579.2M | $516.0M | $409.3M | $263.3M |
| Gross profit | $449.6M | $396.0M | $250.9M | $186.0M | $162.1M |
| Selling, general & administrative | $374.0M | $358.0M | $281.3M | $238.0M | $186.8M |
| Operating income | $75.7M | $38.0M | -$30.4M | -$52.0M | -$24.7M |
| Interest expense | $14.1M | $12.3M | $14.1M | $5.2M | $2.9M |
| Pretax income | $70.8M | $47.5M | -$31.5M | -$55.5M | -$27.5M |
| Income tax expense | -$68.4M | $598,000 | $210,000 | $282,000 | $162,000 |
| Net income | $139.1M | $46.9M | -$33.6M | -$59.5M | -$29.7M |
| Balance Sheet | |||||
| Cash and equivalents | $278.0M | $268.6M | $296.9M | $132.7M | $72.8M |
| Current assets | $435.7M | $437.0M | $427.3M | $262.0M | $150.3M |
| Total assets | $1.8B | $1.6B | $1.5B | $1.1B | $784.4M |
| Current liabilities | $78.6M | $98.9M | $89.2M | $89.6M | $58.9M |
| Total liabilities | $569.1M | $519.5M | $511.0M | $93.8M | $64.7M |
| Stockholders' equity | $1.2B | $1.1B | $953.5M | $1.0B | $719.8M |
| Cash Flow Statement | |||||
| Cash from operations | $160.6M | $154.3M | $75.9M | -$43.2M | $647,000 |
| Depreciation and amortization | $86.4M | $69.5M | $58.2M | $34.3M | $29.5M |
| Stock-based compensation | $13.9M | $51.8M | $24.9M | $26.1M | $25.0M |
| Capital expenditure | $148.2M | $187.1M | $239.1M | $230.1M | $322.1M |
| Free cash flow | $12.4M | -$32.8M | -$163.2M | -$273.3M | -$321.5M |
Shares outstanding 49.1M · Free float 93.5%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.