Freshpet Earnings Reports

Freshpet posted strong Q2 2025 results, achieving profitability with $16.4 million in net income and growing revenue to $264.7 million. Operational efficiencies and reduced SG&A helped expand margins amid economic pressures.

Freshpet's Q1 2025 performance reflected strong sales momentum with a 17.6% increase in revenue, but profitability declined due to significant non-recurring SG&A costs. Gross margin remained stable, and adjusted EBITDA grew year-over-year.

Freshpet delivered solid financial performance in Q4 2024 with a 22% increase in net sales and a significant rise in net income. The company's profitability improved due to lower input costs and enhanced operational efficiency.

Freshpet's Q3 2024 results showcased a 26.3% increase in net sales, reaching $253.4 million, alongside a net income of $11.9 million, a notable improvement from the previous year's net loss. The company's strong operating performance led to margin expansion and increased cash generation, prompting an upward revision of its 2024 net sales and Adjusted EBITDA guidance.

Freshpet reported a strong second quarter with a 28.3% increase in net sales, driven entirely by volume growth. The company significantly improved profitability, with gross margin increasing to 39.9% and adjusted EBITDA reaching $35.1 million. Freshpet raised its full-year net sales and adjusted EBITDA guidance, reflecting confidence in its ability to execute in the second half of the year.

Freshpet reported a strong first quarter with a 33.6% increase in net sales, driven by volume gains. The company's profitability improved significantly, with net income reaching $18.6 million compared to a net loss in the prior year. Adjusted EBITDA also saw substantial growth due to increased gross profit and operational efficiencies.

Freshpet reported a strong fourth quarter with a 29.9% increase in net sales, reaching $215.4 million. The company achieved a net income of $15.3 million, a significant improvement from the prior year's net loss of $2.9 million. This performance reflects the success of Freshpet's investments in scale and profitability.

Freshpet reported a 32.6% increase in net sales to $200.6 million for the third quarter of 2023. The company's net loss decreased to $7.2 million, and Adjusted EBITDA increased significantly to $23.2 million. As a result of the strong third quarter performance, the company is raising its 2023 guidance.

Freshpet reported a 25.6% increase in net sales to $183.3 million for Q2 2023, driven by volume gains and higher pricing. The company's adjusted EBITDA improved to $9.0 million from $(1.9) million in the prior year period. They are raising Adjusted EBITDA guidance and reaffirming net sales guidance.

Freshpet reported a strong start to 2023 with a focus on improving profitability while driving growth, as demonstrated by the first quarter results.

Freshpet reported a 43.1% increase in net sales to $165.8 million for the fourth quarter of 2022. The company's net loss decreased to $2.9 million compared to a net loss of $9.3 million in the prior year period. Adjusted EBITDA increased to $18.8 million, or 11.3% of net sales.

Freshpet reported a 40.7% increase in net sales to $151.3 million for the third quarter of 2022. However, the company experienced a net loss of $18.4 million, compared to a net loss of $2.1 million in the prior year. Adjusted EBITDA was $3.5 million, down from $13.5 million in the prior year.

Freshpet reported a 34.4% increase in net sales to $146.0 million for Q2 2022. Despite the strong topline growth, the company experienced a net loss of $20.6 million, and adjusted EBITDA decreased to $3.9 million due to inflation and operational challenges. The company has revised its adjusted EBITDA guidance for the full year to reflect these factors.

Freshpet reported a 41.5% increase in net sales, reaching $132.2 million, marking the strongest quarterly growth since its IPO. However, the company experienced a net loss of $17.5 million, and Adjusted EBITDA decreased to $5.1 million.

Freshpet, Inc. reported its Q4 2021 financial results, with net sales increasing by 37.1% to $115.9 million. However, the company experienced a net loss of $9.3 million, compared to a net loss of $3.3 million in the prior year period. The company is focusing on utilizing its new capacity to drive growth and ensure operational reliability.

Freshpet, Inc. reported a 27.8% increase in net sales for the third quarter of 2021, reaching $107.6 million. However, the company experienced a net loss of $2.1 million compared to a net income of $3.5 million in the prior year period, primarily due to increased SG&A expenses. Adjusted EBITDA decreased to $14.6 million from $17.0 million in the prior year period. The company estimates full year net sales of ~$445 million.

Freshpet reported a net sales increase of 35.8% to $108.6 million for the second quarter of 2021. However, the company experienced a net loss of $7.5 million compared to a net income of $0.2 million in the prior year period, and an Adjusted EBITDA of $10.9 million compared to $11.2 million in the prior year period. The company raised its full year 2021 net sales guidance to exceed $445.0 million.

Freshpet reported a strong first quarter with net sales increasing by 33.3% to $93.4 million and Adjusted EBITDA increasing by 35.3% to $7.8 million. The company surpassed 4 million Freshpet households and is on track to deliver its 2021 guidance.

Freshpet reported a 28.5% increase in net sales for the fourth quarter of 2020, reaching $84.5 million. However, the company experienced a net loss of $3.3 million, compared to a net income of $4.6 million in the prior year period. The increased loss was attributed to expenses related to COVID-19, plant start-up costs, beef inflation, and media spending.

Freshpet reported a 29.0% increase in net sales, reaching $84.2 million, and net income of $3.5 million for the third quarter of 2020. Adjusted EBITDA increased by 42.2% to $17.0 million. The company also announced the completion of Freshpet Kitchens 2.0, which will provide additional capacity for future growth.

Freshpet reported a strong second quarter with net sales increasing by 33.2% to $80.0 million and net income of $0.2 million, compared to a net loss of $5.7 million in the prior year period. Adjusted EBITDA increased significantly to $11.2 million. The company raised its full year 2020 outlook, expecting to exceed net sales of $320.0 million and Adjusted EBITDA of $46.0 million.

Freshpet reported a 27.9% increase in net sales, reaching $70.1 million, and a net loss of $3.6 million. Adjusted EBITDA increased by 106.1% to $5.7 million. The company reiterated its full-year net sales guidance and updated its Adjusted EBITDA guidance.

Freshpet, Inc. reported financial results for the fourth quarter and full year ended December 31, 2019. Net sales for the fourth quarter of 2019 were $65.8 million, an increase of 27.3%. Net income was $4.6 million, compared with prior year net income of $1.8 million, an increase of 163.7%. Adjusted EBITDA was $13.2 million, compared to $9.2 million, an increase of 43.1%.