Below are the financial statements of Freshpet, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 975.18a | 766.9a | 595.34a |
| Cost of goods sold | -579.22a | -516.02a | -409.31a |
| Gross profit | 395.96a | 250.87a | 186.03a |
| Selling, general, and administrative expenses | -357.96a | -281.32a | -238.02a |
| Income (loss) from operations | 38a | -30.45a | -51.98a |
| Other income (expenses) | — | — | — |
| Interest and other income, net | 11.87a | 13.03a | 1.71a |
| Interest expense | -12.26a | -14.1a | -5.21a |
| Gain on equity investment | 9.92a | 0a | 0a |
| Income (loss) before income taxes | 47.52a | -31.51a | -55.48a |
| Income tax expense | -0.6a | -0.21a | -0.28a |
| Loss on equity method investment | 0a | -1.89a | -3.73a |
| Income (loss) attributable to common stockholders | 46.93a | -33.61a | -59.49a |
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