earnings
confidence high
sentiment positive
materiality 0.75
Freshpet Q1 net sales +13% to $297.6M; net income $48.5M vs loss; raises FY guidance
Freshpet, Inc.
2026-Q1 EPS reported
$0.91
revenue$297,644,000
- Net sales $297.6M, up 13.1% YoY; volume gains 14.6% offset by unfavorable price/mix -1.5%.
- Gross margin 40.5% (39.4% prior); Adjusted Gross Margin 46.9% (45.7%).
- Net income $48.5M vs net loss $12.7M, helped by gain on sale of non-controlling equity interest.
- Adjusted EBITDA $37.9M vs $35.5M; company raised 2026 net sales guidance (details in investor presentation).
- SG&A as % of sales improved to 39.1% from 43.8% due to lower non-recurring charges.