FRPT on Nasdaq

Freshpet

Logo: https://freshpet.com/, Non-free logo, via Wikipedia5

American pet food company

Freshpet, Inc. is an American pet food company.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 19, 2026.

Overview

2005Founded1

Compare with Forafric Global PLC, Ingredion or Post Holdings, or pick any stock.

  • TickerFRPT on Nasdaq1
  • IndustryGrain Mill Products1
  • HeadquartersSecaucus1
  • Websitewww.freshpet.com
  • Legal formDelaware corporation1
  • Incorporated inDE6
  • Business address1450 Us-206, Bedminster, Nj 079216
  • Filer categoryLarge accelerated filer6
  • LEI549300S4ZK8ZQ6HNPN594
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressc/o CORPORATION SERVICE COMPANY, 251 Little Falls Drive, 19808 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 38802844

See how the biggest companies compare on our leaderboards

Freshpet, Inc. is an American pet food company. Its cat food and dog food products are marketed as fresh and need to be kept refrigerated. It is listed on the Nasdaq exchange with the ticker symbol FRPT.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

40.8%Gross margin8
6.9%Operating margin8
12.6%Net margin8
13.0%Revenue growth, 20258
11.5%Return on equity8

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue53¢$652.4M
  • Selling, general and admin30¢$374.0M
  • Income tax6¢$68.4M
  • Profit11¢$139.1M

Out of $1.1B in revenue.8

Where each dollar of operating cash went, fiscal 2025

  • Kept or used elsewhere100¢$160.6M

Out of $160.6M of cash from operations.8

Financial statements

Revenue91011128$1.1B in 2025+348% since 2019
0$500.0M$1.0B$1.5B2019: $245.9M$245.9M20192020: $318.8M$318.8M2020+30%2021: $425.5M$425.5M2021+33%2022: $595.3M$595.3M2022+40%2023: $766.9M$766.9M2023+29%2024: $975.2M$975.2M2024+27%2025: $1.1B$1.1B2025+13%
Gross profit91011128$449.6M in 2025+294% since 2019
0$200.0M$400.0M$600.0M2019: $114.2M$114.2M20192020: $132.9M$132.9M2020+16%2021: $162.1M$162.1M2021+22%2022: $186.0M$186.0M2022+15%2023: $250.9M$250.9M2023+35%2024: $396.0M$396.0M2024+58%2025: $449.6M$449.6M2025+14%
Operating income91011128$75.7M in 2025
-$100.0M-$50.0M0$50.0M$100.0M2019: -$253.0K-$253.0K20192020: -$2.0M-$2.0M2020+690%2021: -$24.7M-$24.7M2021+1134%2022: -$52.0M-$52.0M2022+111%2023: -$30.4M-$30.4M2023−41%2024: $38.0M$38.0M20242025: $75.7M$75.7M2025+99%
Net income91011128$139.1M in 2025
-$100.0M-$50.0M0$50.0M$100.0M$150.0M2019: -$1.4M-$1.4M20192020: -$3.2M-$3.2M2020+131%2021: -$29.7M-$29.7M2021+832%2022: -$59.5M-$59.5M2022+100%2023: -$33.6M-$33.6M2023−44%2024: $46.9M$46.9M20242025: $139.1M$139.1M2025+197%

Every line of the income statement as filed: the last 3 fiscal years, latest first.8

Period ending2025-12-312024-12-312023-12-31
NET SALES$1.1B$975.2M$766.9M
COST OF GOODS SOLD$652.4M$579.2M$516.0M
GROSS PROFIT$449.6M$396.0M$250.9M
SELLING, GENERAL, AND ADMINISTRATIVE EXPENSES$374.0M$358.0M$281.3M
INCOME (LOSS) FROM OPERATIONS$75.7M$38.0M-$30.4M
Interest and Other Income, net$9.2M$11.9M$13.0M
Interest Expense-$14.1M-$12.3M-$14.1M
Gain on Equity Investment$0$9.9M$0
Other income (expenses)-$4.9M$9.5M-$1.1M
INCOME (LOSS) BEFORE INCOME TAXES$70.8M$47.5M-$31.5M
INCOME TAX (BENEFIT) EXPENSE-$68.4M$598.0K$210.0K
LOSS ON EQUITY METHOD INVESTMENT$0$0$1.9M
INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS$139.1M$46.9M-$33.6M
Change in foreign currency translation$1.1M-$196.0K-$2.0M
TOTAL OTHER COMPREHENSIVE INCOME (LOSS)$1.1M-$196.0K-$2.0M
TOTAL COMPREHENSIVE INCOME (LOSS)$140.3M$46.7M-$35.6M
-BASIC (in dollars per share)$2.85$0.97-$0.70
-DILUTED (in dollars per share)$2.64$0.93-$0.70
-BASIC (in shares)48.8M shares48.5M shares48.2M shares
-DILUTED (in shares)56.0M shares50.3M shares48.2M shares

Compare Freshpet with another company

The story

Freshpet was founded in Secaucus, New Jersey, in 2006 by Scott Morris, Cathal Walsh, and John Phelps, former pet food executives. It opened a factory in Quakertown, Pennsylvania, in 2006 and another in Bethlehem, Pennsylvania in 2013. Freshpet went public on the NASDAQ in November 2014, raising $164 million in its IPO with a market capitalization of $447 million.

In February 2020, the company was given a grant of $2.1 million by the Texas Enterprise Fund to build a plant in Ennis, Texas south of Dallas. In 2020, the company reported revenue of almost $319 million, an increase of about 30% and a net income loss of $3.19 million, up 130% on the previous year. It also reported losses in the four preceding years. In 2024, the company moved its headquarters to Bedminster, New Jersey.

From Wikipedia’s article on Freshpet, shared under CC BY-SA 4.0.7

Leadership

Who has led Freshpet, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Richard C. Thompson2014–2015
  2. William B. Cyr2016–now

Chair

  1. Richard A. Kassar2020

President

  1. Scott James Morris2016–now

Chief financial officer

  1. Richard A. Kassar2014–2020
  2. Heather Pomerantz2020
  3. Todd E. Cunfer2022–2025
  4. Ivan Garcia2025–2026
  5. John Gregory O'Connor2026–now

Chief operating officer

  1. Scott James Morris2016–2024
  2. Nicola J. Baty2024–now
2010201520202025
Board members and other officers (32)

Products and brands

  • pet food

Listed on Wikidata.1

Freshpet's cat food and dog food products are marketed as fresh, requiring refrigeration since the company's products have no preservatives. Freshpet was the first to distribute pet food in the fresh and refrigerated category across North America. After a 2007 crisis of wet and dried dog food tainted by melamine, Freshpet's uncontaminated fresh food products experienced rapid growth in many of stores carrying them.

As of 2021, the company's pet-food brands include Freshpet, Dog Joy, DogNation, Spring & Sprout, Vital, Homestyle Creations, and Nature's Fresh.

From Wikipedia’s article on Freshpet, shared under CC BY-SA 4.0.7

Timeline

  1. Sep 7, 2016New chief executive William B. Cyr becomes CEO16
  2. Nov 6, 2014New chief executive Richard C. Thompson becomes CEO17
  3. 2005Founded Founded1

Filings

422 filings to the SEC since October 2021: 8 annual reports, 15 quarterly reports, 49 major events, 196 insider forms, 56 large holders, 98 other. The latest 20:

  1. Sep 16, 20264 EDGAR
  2. Sep 3, 20264 EDGAR
  3. Aug 28, 20264 EDGAR
  4. Aug 26, 2026144 EDGAR
  5. Aug 26, 2026144 EDGAR
  6. Aug 26, 2026144 EDGAR
  7. Aug 25, 20264 EDGAR
  8. Aug 24, 2026144 EDGAR
  9. Aug 24, 2026144 EDGAR
  10. Aug 24, 2026144 EDGAR
  11. Aug 21, 2026144 EDGAR
  12. Aug 21, 2026144 EDGAR
  13. Aug 21, 2026144 EDGAR
  14. Aug 21, 20264 EDGAR
  15. Aug 19, 2026144 EDGAR
  16. Aug 19, 2026144 EDGAR
  17. Aug 19, 2026144 EDGAR
  18. Aug 19, 20264 EDGAR
  19. Aug 18, 20264 EDGAR
  20. Aug 17, 2026144 EDGAR

The 422 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

67 open-market trades by officers, directors and large owners since October 2021: 30 buys and 37 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 14, 2026GEORGE WALTER N.DirectorBuy1,000$64.92$64.9KForm 4
Aug 26, 2026Cyr William B.Chief Executive OfficerSale39,664$74.72$3.0MForm 4
Aug 24, 2026Cyr William B.Chief Executive OfficerSale43,960$75.85$3.3MForm 4
Aug 21, 2026Cyr William B.Chief Executive OfficerSale43,945$73.90$3.2MForm 4
Aug 19, 2026Cyr William B.Chief Executive OfficerSale44,078$74.72$3.3MForm 4
Aug 17, 2026Cyr William B.Chief Executive OfficerSale44,067$72.83$3.2MForm 4
Aug 14, 2026Cyr William B.Chief Executive OfficerSale44,069$72.90$3.2MForm 4
May 22, 2026Cyr William B.Chief Executive OfficerSale46,814$51.04$2.4MForm 4
May 20, 2026Cyr William B.Chief Executive OfficerSale47,582$47.88$2.3MForm 4
May 20, 2026BREWSTER DARYL GDirectorBuy211$47.52$10.0KForm 4
May 20, 2026Steeneck Craig D.DirectorBuy2,000$47.83$95.7KForm 4
May 18, 2026MCLEVISH TIMOTHY RDirectorBuy3,000$48.67$146.0KForm 4
May 18, 2026Biegger DavidDirectorBuy1,000$49.14$49.1KForm 4
May 18, 2026Kelley Jacki SueDirectorBuy1,000$48.05$48.0KForm 4
May 18, 2026Cyr William B.Chief Executive OfficerSale47,181$49.01$2.3MForm 4
May 15, 2026Cyr William B.Chief Executive OfficerSale47,183$49.30$2.3MForm 4
May 13, 2026Cyr William B.Chief Executive OfficerSale46,818$48.98$2.3MForm 4
May 11, 2026Cyr William B.Chief Executive OfficerSale46,502$50.72$2.4MForm 4
May 8, 2026GEORGE WALTER N.DirectorBuy2,000$54.67$109.3KForm 4
Feb 25, 2026GEORGE WALTER N.DirectorBuy630$79.04$49.8KForm 4

All 67 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.5,886,208$348.0M0.0%+11,603
Capital World Investors3,044,165$180.0M0.0%+58,279
Vanguard Portfolio Management LLC2,936,578$173.6M0.0%+104,973
Wellington Management Group Llp2,829,688$167.3M0.0%+298,460
Wasatch Advisors LP2,819,293$166.7M1.1%−1,322,144
Vanguard Capital Management LLC2,227,464$131.7M0.0%+34,424
Bank Of Montreal /can/1,984,961$117.4M0.0%+117,585
Alliancebernstein L.P.1,878,019$110.7M0.0%+328,121
William Blair Investment Management, LLC1,810,994$107.1M0.3%−2,191
State Street Corp1,603,257$94.8M0.0%+54,150
Ilex Capital Partners (UK) LLP1,540,220$91.1M1.9%−46,077
Alberta Investment Management Corp1,442,067$85.3M0.5%+449,067
Dimensional Fund Advisors LP1,430,401$84.6M0.0%+512,616
Balyasny Asset Management L.P.1,424,830$84.2M0.2%+24,221
Marshall Wace, Llp1,362,799$80.6M0.1%+555,707
Armistice Capital, LLC1,260,702$74.5M2.1%+167,395
Bank Of America Corp /de/1,180,471$69.8M0.0%+118,088
Ameriprise Financial Inc1,088,289$64.3M0.0%+51,358
Morgan Stanley1,048,646$62.0M0.0%+91,571
Jennison Associates LLC939,458$55.5M0.0%+288,256
Citadel Advisors LLC889,288$52.6M0.0%−21,130
Geode Capital Management, LLC883,240$52.2M0.0%−16,403
Goldman Sachs Group Inc739,067$43.7M0.0%+212,450
UBS Group AG727,727$43.0M0.0%+67,098
Raymond James Financial Inc719,459$42.5M0.0%+70,436

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

4 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Dec 18, 2024Markwayne Mullin, SenateSale$15,001 - $50,000+83.6%Report
Dec 18, 2024Markwayne Mullin, SenateSale$15,001 - $50,000+83.6%Report
Jan 4, 2024Markwayne Mullin, SenateBuy$1,001 - $15,000−84.5%Report
Jan 4, 2024Markwayne Mullin, SenateBuy$1,001 - $15,000−84.5%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64
  65. 65
  66. 66
  67. 67
  68. 68
  69. 69
  70. 70
  71. 71
  72. 72
  73. 73
  74. 74