Freshpet Inc. (NASDAQ:FRPT) Surpasses Earnings Estimates with Strong Financial Performance

Font: Financial Modeling Prep  • Feb 23, 2026

• Freshpet Inc. (NASDAQ:FRPT) reported an EPS of $0.60, surpassing the estimated $0.43, backed by a significant increase in net income to $33.8 million.
• The company achieved a net sales growth of 8.6% for the fourth quarter, with full-year net sales growing by 13%, reaching $1.1 billion.
• Freshpet's financial health is solid, with a current ratio of 5.52 and a debt-to-equity ratio of approximately 0.42, indicating a strong ability to cover liabilities and a balanced approach to financing.

Freshpet Inc. (NASDAQ:FRPT) is a company that specializes in the production of fresh, natural pet food. It has carved a niche in the pet food industry by focusing on high-quality, refrigerated products. Freshpet competes with other pet food giants like Nestlé Purina and Mars Petcare, but it differentiates itself with its unique product offerings.

On February 23, 2026, Freshpet reported earnings per share (EPS) of $0.60, exceeding the estimated $0.43. This strong performance is supported by a significant rise in net income, which reached $33.8 million, up from $18.1 million in the same period the previous year. The company's adjusted EBITDA for the quarter was $61.2 million, an increase from $52.6 million in the prior year.

Freshpet generated revenue of approximately $285.2 million, slightly below the estimated $285.7 million. Despite this, the company achieved a net sales growth of 8.6% for the fourth quarter. For the full year, Freshpet's net sales grew by 13%, reaching $1.1 billion, highlighting its strong market presence and growth trajectory.

The company's gross margin for the quarter was 43.3%, a slight increase from 42.5% the previous year. The adjusted gross margin also saw a modest rise to 48.4% from 48.1%. These improvements indicate Freshpet's ability to manage costs effectively while maintaining product quality.

Freshpet's financial health is further underscored by its current ratio of about 5.52, indicating a strong ability to cover short-term liabilities. The debt-to-equity ratio stands at approximately 0.42, reflecting a balanced approach to financing. With a P/E ratio of 29.45 and an earnings yield of 3.40%, Freshpet presents a compelling investment opportunity for those interested in the pet food sector.