Freshpet (FRPT) Gross Margin (2013 - 2026)
Freshpet (FRPT) reported Gross Margin of 40.54% for Q1 2026, up 112.0% on a YoY basis from 19.12% in Q1 2025, and down 6.33% sequentially from 43.28% in Q4 2025.
Freshpet (FRPT) Gross Margin (2013 - 2026) Analysis & Trends
Freshpet (FRPT) has 14 years of Gross Margin data on file, last reported at 40.54% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 112.0% year-over-year to 40.54%; the trailing twelve-month figure through Mar 2026 stood at 41.05% (up 48.0% YoY), and the FY2025 full-year result was 40.8%, up 20.0% from the prior year.
- Gross Margin eased to 40.54% in Q1 2026, 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.
- A 5-year average of 36.58% and a median of 39.38% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin tumbled 916 bps in 2022 and surged 908 bps in 2024, its largest moves.
- Tracing FRPT's Gross Margin over 5 years: stood at 27.56% in 2022, then gained by 26 bps to 34.62% in 2023, then rose by 23 bps to 42.48% in 2024, then rose by 2 bps to 43.28% in 2025, then fell by 6 bps to 40.54% in 2026.
- Business Quant data shows FRPT's Gross Margin at 40.54% in Q1 2026, 43.28% in Q4 2025, and 39.53% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | 36.70% |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | 34.79% |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | 17.44% |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 40.18% |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | 13.45% |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | 26.11% |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | 24.43% |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | 20.42% |
| 10 | Freshpet | 2.78 Bn | 2.40 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% |