Freshpet reports 10% Q3 sales rise and lifts 2026 net‑sales growth outlook to 12‑13%
Freshpet posted third‑quarter 2026 net sales of $317.8 million, up 10% year‑over‑year, and adjusted EBITDA of $64.5 million, a 20.3% margin. The company raised its full‑year 2026 net‑sales growth guidance to 12%‑13% and adjusted EBITDA guidance to $215 million‑$220 million. CEO Billy Cyr said the results were driven by volume growth, margin expansion to a 50.0% adjusted gross margin, and continued market‑share gains.
Why it matters
The higher sales‑growth outlook and EBITDA range increase Freshpet’s revenue and profit expectations for the year, which could lift analyst forecasts and affect the stock’s valuation. The guidance change also sets a new performance benchmark for investors tracking the pet‑food sector.
Key facts
- 1Q3 2026 net sales were $317.8 million, a 10.0% increase from the prior year period. stocktitan.net
- 2Adjusted EBITDA for the quarter was $64.5 million, or 20.3% of net sales. stocktitan.net
- 3Adjusted gross margin reached 50.0%, up from 46.0% YoY. finance.yahoo.com
- 4Full‑year 2026 net‑sales growth guidance was updated to 12%‑13% (previously 10%‑12%). stocktitan.net
- 5Full‑year 2026 adjusted EBITDA guidance was set to $215 million‑$220 million (previously $210 million‑$220 million). stocktitan.net
- 6CEO Billy Cyr highlighted volume‑driven sales growth, advertising, distribution expansion and new bag technology as key drivers. finance.yahoo.com
Summary written by AlphAI AI Desk from 14 of 14 sources. Not investment advice. Figures are as stated by the linked sources.