Freshpet annual operating margin
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Freshpet's operating margin was 6.87% for fiscal 2025.
View full Freshpet company overview| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 6.87% | +2.97 pp |
| 2024 | 2024-12-31 | 3.90% | +7.87 pp |
| 2023 | 2023-12-31 | −3.97% | +4.76 pp |
| 2022 | 2022-12-31 | −8.73% | −2.94 pp |
| 2021 | 2021-12-31 | −5.80% | −5.17 pp |
| 2020 | 2020-12-31 | −0.63% | −0.52 pp |
| 2019 | 2019-12-31 | −0.10% | +2.43 pp |
| 2018 | 2018-12-31 | −2.53% | −0.72 pp |
| 2017 | 2017-12-31 | −1.81% | −0.10 pp |
| 2016 | 2016-12-31 | −1.71% | +1.43 pp |
| 2015 | 2015-12-31 | −3.14% | +3.87 pp |
| 2014 | 2014-12-31 | −7.01% | +12.60 pp |
| 2013 | 2013-12-31 | −19.60% | +14.28 pp |
| 2012 | 2012-12-31 | −33.89% | — |
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 7.10% | +0.38 pp |
| Q1 2026 | 2026-03-31 | 1.46% | +5.82 pp |
| Q4 2025 | 2025-12-31 | 15.59% | +8.21 pp |
| Q3 2025 | 2025-09-30 | 8.62% | +3.92 pp |
| Q2 2025 | 2025-06-30 | 6.73% | +7.47 pp |
| Q1 2025 | 2025-03-31 | −4.37% | −8.15 pp |
| Q4 2024 | 2024-12-31 | 7.38% | +0.46 pp |
| Q3 2024 | 2024-09-30 | 4.70% | +8.23 pp |
| Q2 2024 | 2024-06-30 | −0.74% | +8.39 pp |
| Q1 2024 | 2024-03-31 | 3.78% | +16.62 pp |
| Q4 2023 | 2023-12-31 | 6.91% | +8.16 pp |
| Q3 2023 | 2023-09-30 | −3.53% | +6.98 pp |
| Q2 2023 | 2023-06-30 | −9.14% | +3.28 pp |
| Q1 2023 | 2023-03-31 | −12.84% | −0.83 pp |
| Q4 2022 | 2022-12-31 | −1.25% | +5.35 pp |
| Q3 2022 | 2022-09-30 | −10.51% | −9.73 pp |
| Q2 2022 | 2022-06-30 | −12.42% | −6.47 pp |
| Q1 2022 | 2022-03-31 | −12.01% | −1.61 pp |
| Q4 2021 | 2021-12-31 | −6.59% | −2.92 pp |
| Q3 2021 | 2021-09-30 | −0.78% | −5.25 pp |
| Q2 2021 | 2021-06-30 | −5.95% | −6.24 pp |
| Q1 2021 | 2021-03-31 | −10.40% | −6.29 pp |
| Q4 2020 | 2020-12-31 | −3.67% | −11.09 pp |
| Q3 2020 | 2020-09-30 | 4.47% | −0.95 pp |
| Q2 2020 | 2020-06-30 | 0.29% | +9.19 pp |
| Q1 2020 | 2020-03-31 | −4.12% | +1.94 pp |
| Q4 2019 | 2019-12-31 | 7.41% | +3.76 pp |
| Q3 2019 | 2019-09-30 | 5.42% | +5.33 pp |
| Q2 2019 | 2019-06-30 | −8.90% | −1.74 pp |
| Q1 2019 | 2019-03-31 | −6.05% | +1.84 pp |
| Q4 2018 | 2018-12-31 | 3.66% | −0.40 pp |
| Q3 2018 | 2018-09-30 | 0.09% | −0.41 pp |
| Q2 2018 | 2018-06-30 | −7.16% | −2.44 pp |
| Q1 2018 | 2018-03-31 | −7.90% | +0.24 pp |
| Q4 2017 | 2017-12-31 | 4.06% | −0.99 pp |
| Q3 2017 | 2017-09-30 | 0.50% | −1.84 pp |
| Q2 2017 | 2017-06-30 | −4.72% | +4.30 pp |
| Q1 2017 | 2017-03-31 | −8.14% | −3.05 pp |
| Q4 2016 | 2016-12-31 | 5.05% | −4.45 pp |
| Q3 2016 | 2016-09-30 | 2.34% | +8.93 pp |
| Q2 2016 | 2016-06-30 | −9.01% | −1.69 pp |
| Q1 2016 | 2016-03-31 | −5.08% | +3.88 pp |
| Q4 2015 | 2015-12-31 | 9.50% | +5.88 pp |
| Q3 2015 | 2015-09-30 | −6.59% | −0.64 pp |
| Q2 2015 | 2015-06-30 | −7.33% | +9.00 pp |
| Q1 2015 | 2015-03-31 | −8.96% | +2.93 pp |
| Q4 2014 | 2014-12-31 | 3.62% | +28.67 pp |
| Q3 2014 | 2014-09-30 | −5.94% | — |
| Q2 2014 | 2014-06-30 | −16.33% | — |
| Q1 2014 | 2014-03-31 | −11.89% | — |
| Q3 2013 | 2013-09-30 | −25.05% | — |
Over the last five reported fiscal years, Freshpet's operating margin increased from −0.63% to 6.87%, a change of +7.49 percentage points. The latest reported quarter, Q2 2026, shows 7.10%.
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
TickerStat calculates operating margin as SEC-reported operating income 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 ↗