Freshpet see second quarter sales rise 15.5% to $305.6 million

• Freshpet’s second-quarter net sales increased 15.5% to $305.6 million, driven by 15.7% volume growth.
• Net income rose to $19.5 million, while adjusted EBITDA increased to $52.2 million.
• Freshpet raised its 2026 sales and adjusted EBITDA guidance and increased its 2027 adjusted gross margin target.

Freshpet (NASDAQ:FRPT) reported second-quarter sales of $305.6 million, up 15.5%, as volume increased 15.7%.

Sales rose from $264.7 million, while gross margin improved to 42.1% from 40.9% one year earlier.

Net income rose to $19.5 million, adjusted EBITDA reached $52.2 million and adjusted gross margin increased to 48.6%.

Freshpet raised 2026 sales growth guidance to 10%–12%.

Following the announcement, Freshpet's share price was up 7.2% at $66.85.

First-half sales rose 14.3% to $603.2 million, while operating cash flow increased to $84.8 million.

The company repurchased $54.4 million of shares and raised its 2027 adjusted gross margin target to at least 49%.