Freshpet (FRPT) Gross Margin (2013 - 2026)
Freshpet (FRPT) reported Gross Margin of 42.11% for Q2 2026, up 1.24 percentage points from 40.87% a year earlier and up 1.57 percentage points from the prior quarter.
Freshpet (FRPT) Gross Margin (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Freshpet's Gross Margin came in at 41.37%, up 0.58 percentage points year-over-year; for FY2025, it came in at 40.80%, up 0.20 percentage points from FY2024.
- Gross Margin has increased for three consecutive years, though with a five-year change of -0.89 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 40.60% in FY2024 (+7.89 pp), 32.71% in FY2023 (+1.46 pp), 31.25% in FY2022 (-6.86 pp) and 38.11% in FY2021 (-3.58 pp).
- Five-year quarterly Gross Margin spans a low of 27.56% in Q4 2022 and a high of 43.28% in Q4 2025.
- Year over year, Gross Margin has now increased in each of the last three quarters, with an average year-over-year change of +2.31 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q1 2024 (a gain of 9.08 percentage points); the low point was Q3 2022 (a drop of 9.16 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 40.54% (Q1 2026), 43.28% (Q4 2025) and 39.53% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 133.59 Bn | 108.95 Bn | - | - |
| 2 | Mondelez International | 75.71 Bn | 69.03 Bn | 3.99 Bn | 42.61% |
| 3 | Hershey | 32.64 Bn | 28.88 Bn | 1.26 Bn | 45.32% |
| 4 | Kraft Heinz | 27.82 Bn | 14.35 Bn | 2.03 Bn | 32.39% |
| 5 | General Mills | 18.09 Bn | 15.75 Bn | 1.49 Bn | 33.88% |
| 6 | Mccormick | 13.03 Bn | 12.90 Bn | 778.20 Mn | 40.18% |
| 7 | J M Smucker | 12.89 Bn | 12.68 Bn | 979.60 Mn | 44.14% |
| 8 | Hormel Foods | 10.92 Bn | 7.61 Bn | 471.52 Mn | 15.92% |
| 9 | Chewy | 7.33 Bn | 4.62 Bn | 1.01 Bn | 30.36% |
| 10 | Freshpet | 2.78 Bn | 1.49 Bn | 128.69 Mn | 42.11% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.11% |
| 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% |
Freshpet Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=FRPT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "FRPT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=FRPT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();