Freshpet annual gross margin
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Freshpet's gross margin was 40.80% for fiscal 2025.
View full Freshpet company overview| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 40.80% | +0.20 pp |
| 2024 | 2024-12-31 | 40.60% | +7.89 pp |
| 2023 | 2023-12-31 | 32.71% | +1.46 pp |
| 2022 | 2022-12-31 | 31.25% | −6.86 pp |
| 2021 | 2021-12-31 | 38.11% | −3.58 pp |
| 2020 | 2020-12-31 | 41.69% | −4.76 pp |
| 2019 | 2019-12-31 | 46.45% | −0.12 pp |
| 2018 | 2018-12-31 | 46.57% | −0.96 pp |
| 2017 | 2017-12-31 | 47.53% | +0.99 pp |
| 2016 | 2016-12-31 | 46.54% | −0.49 pp |
| 2015 | 2015-12-31 | 47.04% | −1.62 pp |
| 2014 | 2014-12-31 | 48.66% | +5.60 pp |
| 2013 | 2013-12-31 | 43.06% | −4.36 pp |
| 2012 | 2012-12-31 | 47.42% | — |
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 42.11% | +1.24 pp |
| Q1 2026 | 2026-03-31 | 40.54% | +1.12 pp |
| Q4 2025 | 2025-12-31 | 43.28% | +0.80 pp |
| Q3 2025 | 2025-09-30 | 39.53% | −0.82 pp |
| Q2 2025 | 2025-06-30 | 40.87% | +0.94 pp |
| Q1 2025 | 2025-03-31 | 39.43% | +0.04 pp |
| Q4 2024 | 2024-12-31 | 42.48% | +7.86 pp |
| Q3 2024 | 2024-09-30 | 40.36% | +7.31 pp |
| Q2 2024 | 2024-06-30 | 39.94% | +7.62 pp |
| Q1 2024 | 2024-03-31 | 39.38% | +9.08 pp |
| Q4 2023 | 2023-12-31 | 34.62% | +7.09 pp |
| Q3 2023 | 2023-09-30 | 33.04% | +3.61 pp |
| Q2 2023 | 2023-06-30 | 32.32% | −2.67 pp |
| Q1 2023 | 2023-03-31 | 30.30% | −3.56 pp |
| Q4 2022 | 2022-12-31 | 27.53% | −8.04 pp |
| Q3 2022 | 2022-09-30 | 29.44% | −9.16 pp |
| Q2 2022 | 2022-06-30 | 34.98% | −4.69 pp |
| Q1 2022 | 2022-03-31 | 33.86% | −5.02 pp |
| Q4 2021 | 2021-12-31 | 35.57% | −0.55 pp |
| Q3 2021 | 2021-09-30 | 38.60% | −4.94 pp |
| Q2 2021 | 2021-06-30 | 39.67% | −2.75 pp |
| Q1 2021 | 2021-03-31 | 38.88% | −6.48 pp |
| Q4 2020 | 2020-12-31 | 36.12% | −9.88 pp |
| Q3 2020 | 2020-09-30 | 43.54% | −3.51 pp |
| Q2 2020 | 2020-06-30 | 42.43% | −3.08 pp |
| Q1 2020 | 2020-03-31 | 45.35% | −1.95 pp |
| Q4 2019 | 2019-12-31 | 46.01% | +0.76 pp |
| Q3 2019 | 2019-09-30 | 47.05% | +0.56 pp |
| Q2 2019 | 2019-06-30 | 45.50% | −2.53 pp |
| Q1 2019 | 2019-03-31 | 47.30% | +0.67 pp |
| Q4 2018 | 2018-12-31 | 45.25% | −2.30 pp |
| Q3 2018 | 2018-09-30 | 46.49% | −2.12 pp |
| Q2 2018 | 2018-06-30 | 48.04% | +1.12 pp |
| Q1 2018 | 2018-03-31 | 46.63% | −0.30 pp |
| Q4 2017 | 2017-12-31 | 47.55% | −2.00 pp |
| Q3 2017 | 2017-09-30 | 48.60% | +4.16 pp |
| Q2 2017 | 2017-06-30 | 46.92% | +1.73 pp |
| Q1 2017 | 2017-03-31 | 46.93% | −0.41 pp |
| Q4 2016 | 2016-12-31 | 49.55% | +4.23 pp |
| Q3 2016 | 2016-09-30 | 44.45% | −1.50 pp |
| Q2 2016 | 2016-06-30 | 45.18% | −2.98 pp |
| Q1 2016 | 2016-03-31 | 47.33% | −1.65 pp |
| Q4 2015 | 2015-12-31 | 45.33% | −3.55 pp |
| Q3 2015 | 2015-09-30 | 45.95% | −2.34 pp |
| Q2 2015 | 2015-06-30 | 48.17% | −1.24 pp |
| Q1 2015 | 2015-03-31 | 48.99% | +0.96 pp |
| Q4 2014 | 2014-12-31 | 48.88% | +5.30 pp |
| Q3 2014 | 2014-09-30 | 48.29% | — |
| Q2 2014 | 2014-06-30 | 49.41% | — |
| Q1 2014 | 2014-03-31 | 48.03% | — |
| Q3 2013 | 2013-09-30 | 43.58% | — |
Over the last five reported fiscal years, Freshpet's gross margin decreased from 41.69% to 40.80%, a change of −0.89 percentage points. The latest reported quarter, Q2 2026, shows 42.11%.
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Freshpet filings at SEC.gov ↗