Freshpet, Inc. Reports Third Quarter 2026 Financial Results
Globe Newswire•04/11/2026•06:30 ET
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Key Highlights
- ➤Q3 net sales $317.8 million, up 10.0% year over year
- ➤Q3 Adjusted EBITDA $64.5 million, up from $54.6 million
- ➤Q3 Adjusted Gross Margin reached 50.0%, up from 46.0%
- ➤2026 net sales growth guidance raised to 12%-13% from 10%-12%
- ➤2026 Adjusted EBITDA guidance narrowed to $215 million-$220 million
Expert Statements
Billy Cyr, Chief Executive Officer of Freshpet
“Our third quarter results demonstrate the strength and durability of the Freshpet business model. In a challenging consumer and intense competitive environment, we delivered double-digit net sales growth, expanded margins and achieved our strongest Adjusted Gross Margin in more than seven years, while continuing to grow market share.”
Billy Cyr, Chief Executive Officer of Freshpet
“We are executing well against the priorities within our control and strengthening the competitive advantages that differentiate Freshpet, including the quality of our products, our manufacturing scale and expertise, our expanding omnichannel presence and our growing franchise of highly loyal pet parents. We believe these advantages provide a strong foundation to deliver sustainable, profitable growth, capture a meaningful share of the long-term opportunity in fresh pet food and fulfill our mission to help pets live longer, happier and healthier lives with the people who love them.”
Delivers 10% Net Sales Growth Achieves Gross Margin of 45% and Adjusted Gross Margin of 50% Raises and Narrows 2026 Outlook
BEDMINSTER, N.J., Nov. 04, 2026 (GLOBE NEWSWIRE) -- Freshpet, Inc. (“Freshpet” or the “Company”) (Nasdaq: FRPT) today reported financial results for its third quarter and nine months ended September 30, 2026.
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