
Freshpet Inc
NASDAQ:FRPT

Income Statement
Earnings Waterfall
Freshpet Inc
Revenue
|
975.2m
USD
|
Cost of Revenue
|
-578.5m
USD
|
Gross Profit
|
396.7m
USD
|
Operating Expenses
|
-357.4m
USD
|
Operating Income
|
39.3m
USD
|
Other Expenses
|
7.6m
USD
|
Net Income
|
46.9m
USD
|
Income Statement
Freshpet Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
87
N/A
|
95
+9%
|
103
+8%
|
111
+8%
|
116
+5%
|
121
+4%
|
125
+4%
|
129
+3%
|
133
+3%
|
136
+2%
|
143
+5%
|
150
+5%
|
156
+4%
|
165
+6%
|
173
+5%
|
182
+6%
|
193
+6%
|
205
+6%
|
217
+6%
|
232
+7%
|
246
+6%
|
261
+6%
|
281
+8%
|
300
+7%
|
319
+6%
|
342
+7%
|
371
+8%
|
394
+6%
|
426
+8%
|
464
+9%
|
502
+8%
|
545
+9%
|
595
+9%
|
631
+6%
|
668
+6%
|
717
+7%
|
767
+7%
|
823
+7%
|
875
+6%
|
928
+6%
|
975
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(45)
|
(48)
|
(53)
|
(58)
|
(62)
|
(64)
|
(68)
|
(70)
|
(73)
|
(75)
|
(79)
|
(81)
|
(84)
|
(88)
|
(91)
|
(97)
|
(103)
|
(109)
|
(117)
|
(125)
|
(132)
|
(140)
|
(152)
|
(162)
|
(176)
|
(193)
|
(213)
|
(233)
|
(257)
|
(285)
|
(311)
|
(344)
|
(383)
|
(417)
|
(452)
|
(487)
|
(512)
|
(535)
|
(552)
|
(568)
|
(579)
|
|
Gross Profit |
42
N/A
|
46
+9%
|
50
+8%
|
53
+6%
|
55
+3%
|
56
+3%
|
58
+2%
|
59
+2%
|
60
+3%
|
61
+1%
|
65
+5%
|
69
+6%
|
72
+5%
|
77
+6%
|
81
+6%
|
86
+5%
|
90
+5%
|
96
+6%
|
100
+5%
|
107
+7%
|
114
+6%
|
121
+6%
|
130
+7%
|
138
+6%
|
142
+3%
|
149
+5%
|
158
+6%
|
161
+2%
|
169
+5%
|
179
+6%
|
191
+6%
|
201
+5%
|
212
+6%
|
214
+1%
|
216
+1%
|
230
+6%
|
254
+11%
|
288
+13%
|
323
+12%
|
360
+11%
|
397
+10%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(48)
|
(53)
|
(55)
|
(58)
|
(58)
|
(59)
|
(61)
|
(60)
|
(63)
|
(65)
|
(67)
|
(72)
|
(75)
|
(80)
|
(87)
|
(91)
|
(95)
|
(101)
|
(107)
|
(111)
|
(114)
|
(119)
|
(119)
|
(122)
|
(128)
|
(139)
|
(154)
|
(165)
|
(181)
|
(196)
|
(214)
|
(229)
|
(224)
|
(236)
|
(245)
|
(262)
|
(278)
|
(287)
|
(307)
|
(324)
|
(357)
|
|
Selling, General & Administrative |
(43)
|
(47)
|
(49)
|
(53)
|
(42)
|
(54)
|
(56)
|
(54)
|
(51)
|
(60)
|
(62)
|
(67)
|
(56)
|
(73)
|
(79)
|
(83)
|
(71)
|
(93)
|
(99)
|
(102)
|
(85)
|
(109)
|
(108)
|
(111)
|
(89)
|
(127)
|
(141)
|
(152)
|
(167)
|
(182)
|
(200)
|
(216)
|
(210)
|
(222)
|
(231)
|
(246)
|
(262)
|
(269)
|
(288)
|
(304)
|
(336)
|
|
Depreciation & Amortization |
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
0
|
(5)
|
(5)
|
(5)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(12)
|
(12)
|
(13)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(15)
|
(16)
|
(16)
|
(17)
|
(19)
|
(20)
|
(22)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(6)
N/A
|
(6)
-2%
|
(5)
+20%
|
(5)
-4%
|
(4)
+29%
|
(3)
+25%
|
(4)
-33%
|
(1)
+64%
|
(2)
-69%
|
(3)
-50%
|
(2)
+36%
|
(3)
-29%
|
(3)
-4%
|
(3)
-21%
|
(5)
-47%
|
(5)
-4%
|
(5)
+6%
|
(5)
+2%
|
(7)
-40%
|
(3)
+52%
|
(0)
+91%
|
2
N/A
|
11
+414%
|
16
+48%
|
15
-8%
|
10
-31%
|
3
-67%
|
(4)
N/A
|
(13)
-207%
|
(16)
-30%
|
(23)
-42%
|
(28)
-20%
|
(12)
+57%
|
(23)
-90%
|
(29)
-25%
|
(32)
-11%
|
(24)
+26%
|
2
N/A
|
16
+852%
|
36
+120%
|
39
+10%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(5)
|
(4)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(8)
|
(9)
|
(12)
|
(13)
|
(4)
|
(3)
|
(2)
|
(2)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(5)
|
(10)
|
(17)
|
(19)
|
(19)
|
(16)
|
(12)
|
(14)
|
(19)
|
(30)
|
(40)
|
(35)
|
(28)
|
(16)
|
(7)
|
(2)
|
(2)
|
(2)
|
(1)
|
|
Total Other Income |
(27)
|
(25)
|
(23)
|
(16)
|
0
|
1
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
2
|
7
|
10
|
11
|
15
|
14
|
13
|
12
|
|
Pre-Tax Income |
(37)
N/A
|
(35)
+7%
|
(31)
+12%
|
(23)
+25%
|
(4)
+84%
|
(3)
+22%
|
(4)
-34%
|
(2)
+59%
|
(3)
-94%
|
(4)
-35%
|
(4)
+14%
|
(4)
-22%
|
(4)
+5%
|
(5)
-14%
|
(6)
-19%
|
(6)
+2%
|
(5)
+5%
|
(5)
+2%
|
(7)
-40%
|
(4)
+44%
|
(1)
+71%
|
(1)
-17%
|
4
N/A
|
5
+11%
|
(3)
N/A
|
(10)
-226%
|
(17)
-72%
|
(23)
-29%
|
(28)
-22%
|
(33)
-20%
|
(46)
-38%
|
(62)
-35%
|
(56)
+10%
|
(63)
-14%
|
(59)
+6%
|
(49)
+18%
|
(32)
+35%
|
11
N/A
|
25
+132%
|
44
+76%
|
48
+7%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
|
Income from Continuing Operations |
(37)
|
(35)
|
(31)
|
(23)
|
(4)
|
(3)
|
(4)
|
(2)
|
(3)
|
(4)
|
(4)
|
(5)
|
(4)
|
(5)
|
(6)
|
(6)
|
(5)
|
(5)
|
(7)
|
(4)
|
(1)
|
(2)
|
4
|
5
|
(3)
|
(10)
|
(18)
|
(23)
|
(28)
|
(33)
|
(46)
|
(62)
|
(56)
|
(63)
|
(60)
|
(49)
|
(32)
|
11
|
25
|
44
|
47
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(4)
|
(3)
|
(2)
|
(1)
|
0
|
0
|
0
|
|
Net Income (Common) |
(131)
N/A
|
(126)
+4%
|
(118)
+7%
|
(107)
+9%
|
(4)
+97%
|
(3)
+22%
|
(4)
-34%
|
(2)
+59%
|
(3)
-100%
|
(4)
-34%
|
(4)
+12%
|
(5)
-21%
|
(4)
+7%
|
(5)
-14%
|
(6)
-16%
|
(6)
+2%
|
(5)
+4%
|
(5)
+4%
|
(7)
-42%
|
(4)
+43%
|
(1)
+67%
|
(2)
-14%
|
4
N/A
|
5
+9%
|
(3)
N/A
|
(11)
-228%
|
(18)
-73%
|
(24)
-31%
|
(30)
-25%
|
(36)
-23%
|
(50)
-36%
|
(66)
-33%
|
(60)
+10%
|
(67)
-12%
|
(63)
+5%
|
(52)
+18%
|
(34)
+35%
|
10
N/A
|
25
+158%
|
44
+76%
|
47
+6%
|
|
EPS (Diluted) |
-3.91
N/A
|
-3.77
+4%
|
-3.53
+6%
|
-3.21
+9%
|
-0.11
+97%
|
-0.09
+18%
|
-0.12
-33%
|
-0.05
+58%
|
-0.09
-80%
|
-0.13
-44%
|
-0.11
+15%
|
-0.14
-27%
|
-0.12
+14%
|
-0.15
-25%
|
-0.17
-13%
|
-0.16
+6%
|
-0.15
+6%
|
-0.15
N/A
|
-0.21
-40%
|
-0.13
+38%
|
-0.04
+69%
|
-0.05
-25%
|
0.11
N/A
|
0.12
+9%
|
-0.08
N/A
|
-0.25
-213%
|
-0.42
-68%
|
-0.56
-33%
|
-0.69
-23%
|
-0.83
-20%
|
-1.08
-30%
|
-1.37
-27%
|
-1.29
+6%
|
-1.38
-7%
|
-1.32
+4%
|
-1.08
+18%
|
-0.7
+35%
|
0.19
N/A
|
0.5
+163%
|
0.89
+78%
|
0.93
+4%
|