Filing Flows › Freshpet (FRPT) › Q3 2026
Freshpet (FRPT) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Freshpet (FRPT) reported revenue of $318M for the third quarter 2026 (Q3 2026), +10% from a year earlier and +4% from the quarter before. Operating margin was 11.1%, net earnings $29.7M (9.3% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $318M | +4% | +10% |
| Gross profit | $141M | +10% | +24% |
| Operating profit | $35.1M | +62% | +41% |
| Net earnings | $29.7M | +52% | -71% |
| Operating cash flow | $60.8M | +37% | -9% |
| Free cash flow | $37.8M | +157% | +20% |
What changed
Revenue was $317.8M in Q3 2026, up 10% year over year and up 4% from the previous quarter.
Gross margin was 44.5%, up 4.9 points from Q3 2025. Operating profit was $35.1M, a 11.1% margin (up 2.4 points year over year). Of the extra revenue versus Q3 2025, 35% reached operating profit, above the 9% margin then. Operating expenses grew 19% against revenue growth of 10%. Net earnings were $29.7M, down 71% year over year. The effective tax rate was 13.7%.
Operating cash flow was $60.8M (down 9% year over year), 205% of net earnings. Non-cash charges added back $23.8M of depreciation and amortization and $5.9M of share-based compensation. Capital expenditures of $22.9M left free cash flow of $37.8M.
Questions
What was Freshpet's revenue in the third quarter 2026?
Freshpet (FRPT) reported revenue of $318M for the third quarter 2026 (Q3 2026), +10% from a year earlier and +4% from the quarter before.
Was Freshpet profitable in the third quarter 2026?
Operating profit was $35.1M (11.1% of revenue) and net earnings $29.7M.
Source: Freshpet 10-Q on SEC EDGAR.