secwatch.observer — SEC 8-K summary
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Issuer:     Freshpet, Inc. (FRPT)
CIK:        0001611647
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0001611647-25-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Freshpet reports Q4 net sales up 22% to $262.7M; first full-year positive net income of $46.9M
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- Q4 net sales $262.7M (+22% YoY); FY net sales $975.2M (+27.2% YoY).
- Q4 net income $18.1M (vs $15.3M); FY net income $46.9M (vs net loss of $33.6M).
- Q4 adjusted EBITDA $52.6M (vs $31.3M); FY adjusted EBITDA $161.8M (vs $66.6M).
- Q4 adjusted gross margin 48.1% (vs 41.1% YoY); FY adjusted gross margin 46.5% (vs 40.0%).
- Provides FY 2025 outlook; raises long-term profit margin targets, expects free cash flow positive in 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611647/000161164725000005/0001611647-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611647/000161164725000005/frpt-20250220.htm
  HTML page:      https://secwatch.observer/filing/0001611647-25-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer