Filing Flows › Freshpet (FRPT) › Q2 2026
Freshpet (FRPT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Freshpet (FRPT) reported revenue of $306M for the second quarter 2026 (Q2 2026), +15% from a year earlier and +3% from the quarter before. Operating margin was 7.1%, net earnings $19.5M (6.4% of revenue).
Freshpet, Q2 2026: revenue $306M (+16% year over year), operating margin 7.1%, net earnings $19.5M, operating cash flow $44.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $306M | +3% | +15% |
| Gross profit | $129M | +7% | +19% |
| Operating profit | $21.7M | +401% | +22% |
| Net earnings | $19.5M | -60% | +19% |
| Operating cash flow | $44.4M | +10% | +31% |
| Free cash flow | $14.7M | +15% | 33× |
What changed
Revenue was $305.6M in Q2 2026, up 15% year over year and up 3% from the previous quarter.
Gross margin was 42.1%, up 1.2 points from Q2 2025. Operating profit was $21.7M, a 7.1% margin (up 0.4 points year over year). Of the extra revenue versus Q2 2025, 10% reached operating profit, above the 7% margin then. Operating expenses grew 18% against revenue growth of 15%. Net earnings were $19.5M, up 19% year over year. The effective tax rate was 23.9%.
Operating cash flow was $44.4M (up 31% year over year), 228% of net earnings. Non-cash charges added back $25.0M of depreciation and amortization and $6.4M of share-based compensation. Working capital and other items used $6.4M. Capital expenditures of $29.7M left free cash flow of $14.7M.
Questions
What was Freshpet's revenue in the second quarter 2026?
Freshpet (FRPT) reported revenue of $306M for the second quarter 2026 (Q2 2026), +15% from a year earlier and +3% from the quarter before.
Was Freshpet profitable in the second quarter 2026?
Operating profit was $21.7M (7.1% of revenue) and net earnings $19.5M.
Source: Freshpet 10-Q on SEC EDGAR.