Freshpet Q4 EPS Beats by $0.23, Revenue Rises 8.6%, Raises FY26 Outlook
Freshpet reported Q4 adjusted EPS of $0.64, beating the $0.41 consensus by $0.23 while posting revenue of $285.2 million, just shy of estimates but up 8.6% year-over-year on a 9.7% volume increase. For fiscal 2026, the company forecasts net sales of $1.179–1.212 billion (7–10% growth) and adjusted EBITDA of $205–215 million.
1. Fourth-Quarter Earnings Beat
Freshpet delivered adjusted EPS of $0.64 in Q4, outperforming the $0.41 consensus by $0.23 and driving a 4% share price gain during the session.
2. Revenue Growth and Mix Dynamics
Revenue reached $285.2 million, up 8.6% year-over-year but marginally below the $285.7 million estimate, led by a 9.7% volume increase offset by a 1.1% unfavorable price/mix impact.
3. Fiscal 2026 Guidance
For fiscal 2026, Freshpet projects net sales growth of 7%–10% to $1.179–1.212 billion and adjusted EBITDA of $205–215 million, compared with $195.7 million in 2025.
4. Full-Year 2025 Financial Highlights
Full-year 2025 net sales rose 13% to $1.102 billion, adjusted EBITDA climbed to $195.7 million from $161.8 million, and free cash flow turned positive at $12.4 million versus a $32.8 million deficit in 2024.