Jun 2026 (Q2 FY26) — Aug 5, 2026
Freshpet Q2 FY26 — Strong Sales and Margin Growth Driven by Operational Efficiency and Omnichannel Expansion
Read the full callFreshpet earnings: last reported Wed, 5 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 306 | +15.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 7.1 | +0.4 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 19.5 | +19.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $51.58 on 14 Oct 2025 → $67.65. High $85.5 (4 Mar 2026), low $47.39 (19 May 2026).
Overview
Call summaries
Freshpet Q2 FY26 — Strong Sales and Margin Growth Driven by Operational Efficiency and Omnichannel Expansion
Read the full callEvery analysed call
Financials
Net profit, year on year: +19% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 253 | 263 | 263 | 265 | 289 | 285 | 298 | 306 |
| Operating profit | 12 | 19 | -11 | 18 | 25 | 44 | 4 | 22 |
| Operating margin | 4.7% | 7.4% | −4.4% | 6.7% | 8.6% | 15.6% | 1.5% | 7.1% |
| Other income | 0 | -1 | -1 | -2 | -1 | -1 | 61 | 4 |
| Interest | 3 | 4 | 3 | 4 | 4 | 3 | 4 | 3 |
| Profit before tax | 12 | 19 | -13 | 16 | 24 | 43 | 66 | 26 |
| Tax rate | 0.5% | 2.4% | −1.1% | −0.6% | −328.9% | 22.0% | 26.1% | 23.9% |
| Net profit | 12 | 18 | -13 | 16 | 102 | 34 | 49 | 19 |
| EPS ($ per share) | 0.25 | — | -0.26 | 0.34 | 2.08 | — | 0.99 | 0.40 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | -201 | -203 | -206 | -236 | -295 | -329 | -282 | -143 |
| Total liabilities | 18 | 105 | 40 | 65 | 94 | 511 | 520 | 569 |
| Fixed assets | 102 | 165 | 281 | 584 | 801 | 979 | 1,066 | 1,139 |
| Investments | — | 0 | — | 0 | 20 | 0 | 0 | — |
| Total assets | 140 | 236 | 434 | 784 | 1,125 | 1,464 | 1,575 | 1,778 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 19 | 16 | 21 | 1 | -43 | 76 | 154 | 161 |
| Cash from investing | -16 | -71 | -162 | -322 | -233 | -239 | -187 | -148 |
| Cash from financing | 3 | 56 | 199 | 327 | 337 | 327 | 5 | -3 |
| Net cash flow | — | — | — | — | 60 | 164 | -28 | 9 |
| Capital expenditure | -16 | -71 | -135 | -322 | -230 | -239 | -187 | -148 |
| Free cash flow | 2 | -54 | -113 | -321 | -273 | -163 | -33 | 12 |
166 filings between Oct 17, 2025 and Sep 14, 2026.
Purchases
$572.9K
10 purchases by 6 insiders
Sales
$37.02M
65 sales by 2 insiders
94% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Cyr William B. | — | $33.22M | Aug 26, 2026 |
| Morris Scott James | — | $3.81M | Dec 5, 2025 |
| GEORGE WALTER N. | $224.1K | — | Sep 14, 2026 |
| MCLEVISH TIMOTHY R | $146.0K | — | May 18, 2026 |
| Steeneck Craig D. | $95.7K | — | May 20, 2026 |
| Biegger David | $49.1K | — | May 18, 2026 |
| Kelley Jacki Sue | $48.0K | — | May 18, 2026 |
| BREWSTER DARYL G | $10.0K | — | May 20, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 14, 2026 | GEORGE WALTER N. Director | Purchase | 1,000 | $64.9K |
| Sep 1, 2026 | Baty Nicola J. Chief Operating Officer | Tax withheld | 395 | $27.8K |
| Sep 1, 2026 | Baty Nicola J. Chief Operating Officer | Tax withheld | 1,687 | $118.9K |
| Aug 26, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 56,442 | $577.4K |
| Aug 26, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 568 | $42.8K |
| Aug 26, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 1,110 | $83.7K |
| Aug 26, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 8,170 | $83.6K |
| Aug 26, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 7,209 | $73.7K |
| Aug 26, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 37,007 | $2.76M |
| Aug 26, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 979 | $73.8K |
| Aug 26, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 4,180 | $42.8K |
| Aug 24, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 1,250 | $92.5K |
| Aug 24, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 62,369 | $638.0K |
| Aug 24, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 9,030 | $92.4K |
| Aug 24, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 567 | $42.0K |
| Aug 24, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 40,398 | $3.07M |
| Aug 24, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 640 | $47.4K |
| Aug 24, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 1,105 | $81.8K |
| Aug 24, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 4,620 | $47.3K |
| Aug 24, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 7,981 | $81.6K |
| Aug 21, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 1,102 | $81.9K |
| Aug 21, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 639 | $47.5K |
| Aug 21, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 7,981 | $81.6K |
| Aug 21, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 4,620 | $47.3K |
| Aug 21, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 1,247 | $92.7K |
| Aug 21, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 9,030 | $92.4K |
| Aug 21, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 40,957 | $3.03M |
| Aug 21, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 62,369 | $638.0K |
| Aug 19, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 1,125 | $82.8K |
| Aug 19, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 7,981 | $81.6K |
| Aug 19, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 62,369 | $638.0K |
| Aug 19, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 1,273 | $93.7K |
| Aug 19, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 9,030 | $92.4K |
| Aug 19, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 652 | $48.0K |
| Aug 19, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 4,620 | $47.3K |
| Aug 19, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 41,028 | $3.07M |
| Aug 17, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 1,271 | $92.0K |
| Aug 17, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 9,030 | $92.4K |
| Aug 17, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 651 | $47.1K |
| Aug 17, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 4,620 | $47.3K |
| Aug 17, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 41,022 | $2.99M |
| Aug 17, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 62,369 | $638.0K |
| Aug 17, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 1,123 | $81.3K |
| Aug 17, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 7,981 | $81.6K |
| Aug 14, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 62,369 | $638.0K |
| Aug 14, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 1,124 | $81.8K |
| Aug 14, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 7,981 | $81.6K |
| Aug 14, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 41,023 | $2.99M |
| Aug 14, 2026 | Cyr William B. Chief Executive Officer | Sale 10b5-1 plan | 1,271 | $92.6K |
| Aug 14, 2026 | Cyr William B. Chief Executive Officer | Option exercise 10b5-1 plan | 9,030 | $92.4K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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