Freshpet (FRPT) Gross Margin (2013 - 2026)
Freshpet's (FRPT) quarterly Gross Margin came in at 40.54% in Q1 2026, up 112.0% year-on-year from 19.12% in Q1 2025, and down 6.33% quarter-over-quarter from 43.28% in Q4 2025.
Freshpet (FRPT) Gross Margin (2013 - 2026) Analysis & Trends
Freshpet has disclosed Gross Margin across 14 years of filings, most recently posting 40.54% for Q1 2026.
- Gross Margin for Q1 2026 came in at 40.54%, up 112.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 41.05% (up 48.0% YoY), and the FY2025 annual result was 40.8%, up 20.0% from the prior year.
- Gross Margin came in at 40.54% for Q1 2026 at Freshpet, down from 43.28% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 43.28% in Q4 2025 to a low of 27.56% in Q4 2022.
- The 5-year median for Gross Margin is 39.38% (2024), against an average of 36.58%.
- Across the five-year window, Gross Margin sank 916 bps in 2022 and surged 908 bps in 2024, its largest moves.
- Freshpet's Gross Margin stood at 27.56% in 2022, then advanced by 26 bps to 34.62% in 2023, then gained by 23 bps to 42.48% in 2024, then gained by 2 bps to 43.28% in 2025, then retreated by 6 bps to 40.54% in 2026.
- The last three Gross Margin figures came in at 40.54% (Q1 2026), 43.28% (Q4 2025), and 39.53% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 75,216.52 Bn | 75,216.52 Bn | - | - |
| 2 | Kraft Heinz | 26.76 Bn | 22.68 Bn | 2.22 Bn | 36.70% |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn | 30.81% |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn | - |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn | 17.44% |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn | 37.83% |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - | - |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn | 35.39% |
| 9 | Smithfield Foods | 10.57 Bn | 9.49 Bn | 511.00 Mn | 13.45% |
| 10 | Freshpet | 2.44 Bn | 2.06 Bn | 120.67 Mn | 40.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.54% |
| Dec 31, 2025 | 43.28% |
| Sep 30, 2025 | 39.53% |
| Jun 30, 2025 | 40.87% |
| Mar 31, 2025 | 39.43% |
| Dec 31, 2024 | 42.48% |
| Sep 30, 2024 | 40.36% |
| Jun 30, 2024 | 39.94% |
| Mar 31, 2024 | 39.38% |
| Dec 31, 2023 | 34.62% |
| Sep 30, 2023 | 33.04% |
| Jun 30, 2023 | 32.32% |
| Mar 31, 2023 | 30.30% |
| Dec 31, 2022 | 27.56% |
| Sep 30, 2022 | 29.44% |
| Jun 30, 2022 | 34.98% |
| Mar 31, 2022 | 33.86% |
| Dec 31, 2021 | 35.57% |
| Sep 30, 2021 | 38.60% |
| Jun 30, 2021 | 39.67% |