Freshpet (FRPT) Gross Margin (2013 - 2026)
Freshpet (FRPT) posted Gross Margin of 40.54% for Q1 2026, down 6.33% sequentially from 43.28% in Q4 2025, and up 112.0% YoY from 19.12% in Q1 2025.
Freshpet (FRPT) Gross Margin (2013 - 2026) Analysis & Trends
Freshpet has reported Gross Margin for 14 years, with the latest figure at 40.54% in Q1 2026.
- Quarterly Gross Margin rose 112.0% year-over-year to 40.54% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 41.05% (up 48.0% YoY) and the FY2025 annual result came in at 40.8%, up 20.0% from the prior year.
- Gross Margin eased to 40.54% in Q1 2026 per FRPT's latest filing, from 43.28% in the prior quarter.
- Over five years, Gross Margin peaked at 43.28% in Q4 2025 and troughed at 27.56% in Q4 2022.
- A 5-year average of 36.58% and a median of 39.38% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2024: Gross Margin sank 916 bps in 2022, then jumped 908 bps in 2024.
- Over 5 years, Gross Margin stood at 27.56% in 2022, then grew by 26 bps to 34.62% in 2023, then climbed by 23 bps to 42.48% in 2024, then climbed by 2 bps to 43.28% in 2025, then slipped by 6 bps to 40.54% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 40.54%, 43.28%, and 39.53% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.34 Bn | 27.66 Bn | 2.03 Bn | 32.39% |
| 2 | General Mills | 21.35 Bn | 20.90 Bn | 1.60 Bn | 34.79% |
| 3 | Mccormick | 14.95 Bn | 14.61 Bn | 778.20 Mn | 40.18% |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | 10.79% |
| 5 | J M Smucker | 13.24 Bn | 13.18 Bn | 862.10 Mn | 38.01% |
| 6 | Hormel Foods | 13.13 Bn | 12.27 Bn | 518.51 Mn | 17.44% |
| 7 | Magnum Ice Cream | 12.15 Bn | 11.43 Bn | - | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn | 29.20% |
| 9 | Smithfield Foods | 8.76 Bn | 7.41 Bn | 478.00 Mn | 12.92% |
| 10 | Freshpet | 3.62 Bn | 3.27 Bn | 128.69 Mn | 42.11% |
Historic Data
Download 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% |