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Freshpet revenue
Freshpet's revenue is $975.2 million.
What is Freshpet's revenue?
- Freshpet's revenue growth from 2013 to 2024 is 1,444.2%.
- Freshpet has 382 employees, and the revenue per employee ratio is $2,552,819.
- Freshpet's peak quarterly revenue was $262.7M in 2024(q4).
- Freshpet peak revenue was $975.2M in 2024.
- Freshpet annual revenue for 2023 was 766.9M, 28.82% growth from 2022.
- Freshpet annual revenue for 2024 was 975.2M, 27.16% growth from 2023.
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Freshpet historical revenue
Freshpet's peak revenue was $975.2M in 2024. The peak quarterly revenue was $262.7M in 2024(q4).
Freshpet's revenue increased from $63.2m in 2013 to $975.2M currently. That's a 1,444.2% change in annual revenue.
Freshpet annual revenue
Freshpet annual revenue over time
| Fiscal year / year | Freshpet revenue |
|---|---|
| 2013 | $63.2M |
| 2014 | $86.8M |
| 2015 | $116.2M |
| 2016 | $129.7M |
| 2017 | $152.4M |
| 2018 | $193.2M |
| 2019 | $245.9M |
| 2020 | $318.8M |
| 2021 | $425.5M |
| 2022 | $595.3M |
| 2023 | $766.9M |
| 2024 | $975.2M |
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Freshpet annual growth
Freshpet saw the greatest revenue growth in 2022, when revenue increased by 39.92%.
Freshpet had the lowest revenue growth in 2016, when revenue changed by 11.64%.
Freshpet annual growth rate over time
| Year | Freshpet growth |
|---|---|
| 2014 | 37%↑ |
| 2015 | 34%↑ |
| 2016 | 12%↑ |
| 2017 | 17%↑ |
| 2018 | 27%↑ |
| 2019 | 27%↑ |
| 2020 | 30%↑ |
| 2021 | 33%↑ |
| 2022 | 40%↑ |
| 2023 | 29%↑ |
| 2024 | 27%↑ |
Freshpet quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Freshpet quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2014 | - | - | $22.5M | $24.5M |
| 2015 | $27.1M | $28.4M | $30.6M | $30.2M |
| 2016 | $31.5M | $33.0M | $34.5M | $30.7M |
| 2017 | $33.7M | $38.7M | $40.1M | $39.8M |
| 2018 | $43.2M | $47.6M | $50.8M | $51.6M |
| 2019 | $54.8M | $60.1M | $65.3M | $65.8M |
| 2020 | $70.1M | $80.0M | $84.2M | $84.5M |
| 2021 | $93.4M | $108.6M | $107.6M | $115.9M |
| 2022 | $132.2M | $146.0M | $151.3M | $165.8M |
| 2023 | $167.5M | $183.3M | $200.6M | $215.4M |
| 2024 | $223.8M | $235.3M | $253.4M | $262.7M |
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Freshpet financial information
| CEO | William B. Cyr |
| Industry | Consumer Discretionary |
| Company Type | Public |
| Employees Number | 382 |
| Date Founded | 2006 |
| Headquarters | Secaucus, New Jersey |
| Number of Locations | 2 |
| Revenue | $975.2M |
| Net Income | -$59,494,000 |
| Gross Proft | $396.0M (2024) |
| PE Ratio | 10.54 |
| Tax Rate | 0.0% |
| Market Capitalization | $494.5M |
| Total Assets | $1,125,383,000 |
| Ticker | FRPT |
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Freshpet financing
Freshpet received early financing of $350.0M on 2022-05-03.
| Series | Round size | Date |
|---|---|---|
| Post Ipo Equity | $350M | 05/2022 |
Freshpet investors
| Investors | Security type |
|---|---|
| Ben Franklin Technology Partners of Northeastern Pennsylvania | Post-IPO Equity - Freshpet |
Freshpet competitors
Freshpet's top competitor, General Mills, earned an annual revenue of $19.9B.
Freshpet's smallest competitor is Hillshire Brands with revenue of $4.1B last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| General Mills | $51,370 | $19.9B | 35,000 | 161 |
| WhiteWave Foods | $58,390 | $4.2B | 3,800 | - |
| Beyond Meat | $54,141 | $464.7M | 472 | 8 |
| Big Heart Pet Brands | $58,313 | $2.2B | 7,500 | - |
| Jones Soda Co. | $52,156 | $19.2M | 20 | - |
| Wendy's | $26,046 | $2.2B | 12,500 | 2,629 |
| Sprouts Farmers Market | $31,358 | $7.7B | 35,000 | 865 |
| Dairy Farmers of America | $48,056 | $13.5B | 18,000 | 981 |
| Blue Buffalo | $49,216 | $870.0M | 1,700 | - |
| CANIDAE Pet Foods | $43,740 | $8.9M | 134 | 1 |
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Zippia gives an in-depth look into the details of Freshpet, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Freshpet. The employee data is based on information from people who have self-reported their past or current employments at Freshpet. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Freshpet. The data presented on this page does not represent the view of Freshpet and its employees or that of Zippia.
Freshpet may also be known as or be related to FRESHPET INC., Freshpet, Freshpet Inc and Freshpet, Inc.