Quarterly ResultAug 5, 2026, 06:37 AM

Freshpet Q2 Net Sales $305.6M; Raises FY26 Outlook & Long-Term Margin

AI Summary

Freshpet, Inc. reported strong second quarter 2026 financial results, with net sales increasing 15.5% to $305.6 million and net income rising to $19.5 million. The company also delivered a 17.6% increase in Adjusted EBITDA to $52.2 million. Following this performance, Freshpet raised its full-year 2026 outlook for net sales growth and Adjusted EBITDA, and increased its long-term Adjusted Gross Margin target for 2027.

Key Highlights

Q2 2026 Net Sales increased 15.5% to $305.6 million.
Q2 2026 Net Income rose to $19.5 million from $16.4 million YoY.
Q2 2026 Adjusted EBITDA grew to $52.2 million from $44.4 million YoY.
Raised FY 2026 Net Sales growth outlook to 10-12% from 8-11%.
Raised FY 2026 Adjusted EBITDA outlook to $210-220 million from $205-215 million.
Updated long-term (FY 2027) Adjusted Gross Margin target to >49% from >48%.
Generated $14.7 million in Free Cash Flow for Q2 2026.
Repurchased $54.4 million of shares in the first six months of 2026.

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FRPT

Packaged Foods

Freshpet, Inc.

Price Impact