← Freshpet, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $133.1m | $156.4m | $193.2m | $245.9m | $318.8m | $425.5m | $595.3m | $766.9m | $975.2m | $1.1b | |
| Cost of Revenue | $72.7m | $84.0m | $103.2m | $131.7m | $185.9m | $263.3m | $409.3m | $516.0m | $579.2m | $652.4m | |
| Gross Profit | $60.4m | $72.4m | $90.0m | $114.2m | $132.9m | $162.1m | $186.0m | $250.9m | $396.0m | $449.6m | |
| Operating Income (Loss) | ($2.2m) | ($2.8m) | ($4.9m) | ($253k) | ($2.0m) | ($24.7m) | ($52.0m) | ($30.4m) | $38.0m | $75.7m | |
| Additional Financial Items | |||||||||||
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $2.2m | $2.8m | $4.9m | $253k | $2.0m | $24.7m | $52.0m | $30.4m | $38.0m | $71.7m | |
| Income (Loss) from Equity Method Investments | — | — | — | $0 | $0 | ($2.0m) | ($3.7m) | ($1.9m) | $0 | $0 | |
| Preferred Stock Dividends and Other Adjustments | — | — | $0 | $0 | $0 | $0 | $0 | $0 | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($3.1m) | ($4.2m) | ($5.3m) | ($1.2m) | ($3.1m) | ($27.5m) | — | $30.4m | — | $70.8m | |
| Net Income (Loss) Attributable to Parent | ($3.2m) | ($4.3m) | ($5.4m) | ($1.4m) | ($3.2m) | ($29.7m) | ($59.5m) | ($33.6m) | $46.9m | $139.1m | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($3.2m) | ($4.3m) | ($5.4m) | ($1.4m) | ($3.2m) | ($29.7m) | ($59.5m) | ($33.6m) | $46.9m | $139.1m | |
| Earnings Per Share, Basic | ($0.09) | ($0.12) | ($0.15) | ($0.04) | ($0.08) | ($0.69) | ($1.29) | ($0.70) | $0.97 | $2.85 | |
| Earnings Per Share, Diluted | ($0.09) | ($0.12) | ($0.15) | ($0.04) | ($0.08) | ($0.69) | ($1.29) | ($0.70) | $0.93 | $2.64 | |
| Weighted Average Number of Shares Outstanding, Basic | 33.7m | 34.5m | 35.3m | 36.0m | 39.8m | 43k | 46.2m | 48.2m | 48.5m | 48.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 33.7m | 34.5m | 35.3m | 36.0m | 39.8m | 43k | 46.2m | 48.2m | 50.3m | 56.0m | |
| Selling, General and Administrative Expense | $62.6m | $75.2m | $94.9m | $114.5m | $134.9m | $186.8m | $238.0m | $281.3m | $358.0m | $374.0m | |
| Other Nonoperating Income (Expense) | ($182k) | ($525k) | — | $5k | $87k | $13k | $1.7m | $13.0m | $11.9m | $9.2m | |
| Interest Expense | $698k | $910k | $296k | $991k | $1.2m | $2.9m | $5.2m | $14.1m | $12.3m | $14.1m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $12.3m | $14.1m | |
| Current Income Tax Expense (Benefit) | $66k | $75k | $77k | $144k | $65k | $162k | $282k | $210k | $598k | $436k | |
| Interest Expense, Debt | $700k | $900k | $200k | $1.0m | $1.2m | $2.9m | $5.2m | $2.8m | — | — | |
| Research and Development Expense | — | — | $487k | $1.2m | $800k | — | — | — | — | — | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | — | — | $200k | $71k | $0 | — | — | — | |
| Income Tax Expense (Benefit) | $66k | $75k | $77k | $144k | $65k | $162k | $282k | $210k | $598k | ($68.4m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.