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Freshpet (FRPT) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 10, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.22

Last Year’s EPS

0.33

Same Quarter Last Year

Analyst Consensus

Strong Buy

Based on 11 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:May 06, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call presents a constructive operating picture: strong top-line growth, expanding household penetration, digital/omnichannel momentum, improving adjusted gross margin and progress on proprietary manufacturing technology. These positives are tempered by elevated SG&A intensity, logistics and fuel cost headwinds, unfavorable price/mix in the quarter, and macro/retailer-related execution risks. Management raised 2026 sales guidance, reiterated adjusted EBITDA guidance, and set ambitious 2027 margin targets, while signaling prudence on capital deployment and the timing of larger technology investments.

Company Guidance

Freshpet raised 2026 net sales guidance to +8% to +11% (from +7% to +10%) while reiterating adjusted EBITDA of $205M–$215M (implying ~5%–10% YoY growth), and said it expects to be free cash flow positive in 2026 with capital expenditures of roughly $150M (Q1 CapEx $27.6M). Management forecast adjusted gross margin to improve ~50–100 basis points at the midpoint of the sales range (Q1 adjusted gross margin was 46.9%, +120 bps YoY) and reiterated that adjusted EBITDA dollars and margin should improve sequentially for the remainder of the year (Q1 adjusted EBITDA $37.9M, 12.7% margin). They expect media spend ~12.5% of sales for the year, front‑half weighted (Q1 media was 15.8%), flagged elevated logistics costs for the remainder of 2026 after Q1 logistics of 6.3% of sales (vs 5.8% a year ago), and noted operational actions (35% of bag capacity to use new technology by year‑end, potential incremental capex above $150M if accelerating additional lines). Management also reiterated 2027 targets: net sales growth well in excess of U.S. dog food category growth, at least 48% adjusted gross margin and 20%–22% adjusted EBITDA margin, while warning of easier comps through May and a tougher comp in Q3.

Strong Top-Line Growth

Net sales of $297.6 million in Q1, up 13.1% year-over-year; volume contributed ~14.6% growth while price/mix was unfavorable ~1.5%.

Improving Gross Margin

Adjusted gross margin of 46.9% in Q1 vs 45.7% prior year (+120 basis points); company expects adjusted gross margin to improve ~50–100 bps at the midpoint of the 2026 net sales range.

Adjusted EBITDA Dollar Growth and Guidance

Adjusted EBITDA of $37.9 million in Q1, up ~$2.4 million (~7%) year-over-year; company reiterated 2026 adjusted EBITDA guidance of $205–215 million.

Omnichannel & Digital Momentum

Digital orders grew 43% in Q1 and represented 16.1% of total sales (up from 14.6% in Q4); ~81% of digital volume was fulfilled through the fridge network; company operates >39,000 fridges and products are in 30,435 stores.

Household Penetration and Heavy-User Growth

Household penetration of 16.1 million households, up 8% year-over-year; total buy rate ~$114, up 6% YoY; MVP households (super/ultra heavy users) = 2.5 million, up 13% YoY with average buy rate ~$513.

Manufacturing Technology Progress

First bag line using the new technology started in January; a 'lite' version was installed and another conversion (Ennis) expected by late June/early July; target of ~35% of bag capacity on new technology by year-end to drive quality, throughput and yield improvements.

Healthy Balance Sheet & Cash Generation

Operating cash flow of $40.3 million in Q1, capital spending of $27.6 million; cash on hand $381.4 million (including $95.5 million from sale of Ollie); free cash flow of $12.7 million in the quarter; CapEx guidance ~ $150 million for 2026 and expectation to be free cash flow positive this year.

Raised 2026 Net Sales Guidance and 2027 Targets

Raised 2026 net sales growth guidance to 8%–11% (from 7%–10%) while reiterating adjusted EBITDA $205–215M; 2027 targets include adjusted gross margin ≥48% and adjusted EBITDA margin of 20%–22%.

Freshpet (FRPT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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FRPT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 10, 2026	2026 (Q2)	0.22 / -	0.33	―	―	―
May 06, 2026	2026 (Q1)	0.25 / -0.03	-0.26	87.31% (+0.23)
Feb 23, 2026	2025 (Q4)	0.39 / 0.64	0.36	77.78% (+0.28)
Nov 03, 2025	2025 (Q3)	0.42 / 1.86	0.24	675.00% (+1.62)
Aug 04, 2025	2025 (Q2)	0.10 / 0.33	-0.03	1200.00% (+0.36)
May 05, 2025	2025 (Q1)	0.10 / -0.26	0.37	-170.27% (-0.63)
Feb 20, 2025	2024 (Q4)	0.41 / 0.36	0.31	16.13% (+0.05)
Nov 04, 2024	2024 (Q3)	0.15 / 0.24	-0.15	260.00% (+0.39)
Aug 05, 2024	2024 (Q2)	-0.04 / -0.03	-0.35	91.43% (+0.32)
May 06, 2024	2024 (Q1)	-0.23 / 0.37	-0.52	171.15% (+0.89)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FRPT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 06, 2026	$60.17	$54.92	-8.72%
Feb 23, 2026	$74.51	$78.58	+5.46%
Nov 03, 2025	$49.21	$56.25	+14.31%
Aug 04, 2025	$65.85	$69.99	+6.29%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.