Education
About Us
Working with TipRanks
Follow Us
Freshpet (FRPT)
NASDAQ:FRPT
Earnings Data
Report Date
May 11, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.11Last Year’s EPS
-0.26Same Quarter Last Year
Moderate Buy
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted strong operational and financial achievements—exceeding $1 billion in sales, improved gross margins and EBITDA growth, positive free cash flow, ecommerce/omnichannel momentum, and a breakthrough manufacturing line—while acknowledging a meaningful slowdown in growth vs. 2024, ongoing commodity cost pressure (notably beef), elevated media/SG&A investment and competitive intensity. Management provided prudent 2026 guidance (7%–10% sales growth, $205M–$215M adjusted EBITDA), emphasized early-stage initiatives (fridge islands, DTC/omnichannel, new production technology) that could drive future upside, and stressed cautious execution given macro uncertainty.Company Guidance
Exceeded $1 Billion Net Sales Milestone
Fiscal 2025 net sales of $1,102,000,000, up 13% year over year, surpassing the $1,000,000,000 target set in 2020.
Quarterly Net Sales Growth
Fourth quarter net sales of $285,200,000, up 8.6% year over year; volume contributed ~9.7% growth while price/mix was unfavorable by 1.1%.
Improved Profitability and EBITDA Growth
Fourth quarter adjusted EBITDA of $61,200,000, up 16% year over year; full-year adjusted EBITDA of $195,700,000, up 21% year over year and representing 17.8% of net sales (vs 16.6% prior year).
Gross Margin Expansion
Adjusted gross margin improved to 48.4% in Q4 (up 30 basis points year over year) and 46.7% for the full year (up 20 basis points year over year).
Positive Net Income and Free Cash Flow
Fourth quarter net income of $33,800,000 (prior-year $18,100,000); fiscal 2025 net income $139,100,000 (prior-year $46,900,000) aided by a deferred tax benefit. Operating cash flow was $160,600,000 and the company was free cash flow positive in 2025.
Balance Sheet Strengthened by Strategic Investment Exit
Received approximately $95,500,000 in proceeds in January from the sale of Ollie, bringing cash on hand to roughly $400,000,000 post-quarter.
Ecommerce and Omnichannel Momentum
Digital business grew nearly 40% in 2025 and accounted for ~14% of total sales (Q4 ecommerce 14.6%); omnichannel initiatives include DTC, click-and-collect, pure-play ecommerce and tests of fridge islands and open-air concepts.
Household Penetration and MVP Growth
Household penetration reached 15.2 million (up 10% year over year); total buy rate ~$115 (up 4% year over year). MVPs (super heavy and ultra heavy users) represent 71% of net sales, totaling 2.4 million households (up 11% YoY); ultra buyers ~500,000 households spending >$1,100/year.
Distribution and Retail Footprint Expansion
Products in 30,235 stores with 39,347 fridges in operation; 24% of stores have multiple fridges; percent ACV in grocery 80% and xAOC 72%; 2025 was the best year in over a decade for new store growth.
Manufacturing Technology Breakthrough
Installed and started up a new production technology line producing product shipped to customers; first retrofit planned for Q2 with expected throughput, yield and quality benefits—16 lines across the network can support over $1.5 billion in sales when fully staffed, excluding further tech gains.
Prudent 2026 Guidance and 2027 Targets
2026 guidance: net sales growth 7%–10%; adjusted EBITDA $205M–$215M; CapEx ~ $150M; expect to be free cash flow positive in 2026. 2027 targets: adjusted gross margin ≥48% and adjusted EBITDA margin 20%–22% depending on growth scenario.
FRPT Earnings History
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 |
|---|---|---|---|
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% |
May 05, 2025 | $76.36 | $79.09 | +3.58% |
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.
FAQ
When does Freshpet (FRPT) report earnings?
Freshpet (FRPT) is schdueled to report earning on May 11, 2026, After Close (Confirmed).
What is Freshpet (FRPT) earnings time?
Freshpet (FRPT) earnings time is at May 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FRPT EPS forecast?
FRPT EPS forecast for the fiscal quarter 2026 (Q1) is 0.11.
