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Freshpet (FRPT) operating margin by quarter

Freshpet's operating margin was 11.1% in Q3 2026 (third quarter 2026), +3.9 pts from Q2 2026. Over the last 6 quarters it ranged from 1.5% (Q1 2026) to 15.6% (Q4 2025).

Freshpet operating margin by quarterFreshpet operating margin by quarter6.7%Q2 20258.6%Q3 202515.6%Q4 20251.5%Q1 20267.1%Q2 202611.1%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202611.1%+3.9 pts+2.4 pts
Q2 20267.1%+5.6 pts+0.4 pts
Q1 20261.5%-14.1 pts—
Q4 202515.6%+7.0 pts—
Q3 20258.6%+1.9 pts—
Q2 20256.7%——

Q3 2026 at a glance

Freshpet, Q3 2026: revenue $318M (+10% year over year), operating margin 11.1%, net earnings $29.7M, operating cash flow $60.8M. The chart follows the revenue to costs, profit and cash.

Questions

What is Freshpet's operating margin?

Freshpet's operating margin was 11.1% in Q3 2026 (third quarter 2026), +3.9 pts from Q2 2026.

How has Freshpet's operating margin changed?

Over the last 6 quarters it ranged from 1.5% (Q1 2026) to 15.6% (Q4 2025).

Q3 2026 results → · How Freshpet makes money →