What is Freshpet's work-in-process and raw materials?

Freshpet (FRPT) reported work-in-process and raw materials of $21.95M in Q1 2026.

How has Freshpet's work-in-process and raw materials changed year-over-year?

Freshpet's work-in-process and raw materials increased by 22.9% year-over-year, from $17.86M to $21.95M.

What is the long-term trend for Freshpet's work-in-process and raw materials?

Over 2 years (2023 to 2025), Freshpet's work-in-process and raw materials has grown at a -2.0% compound annual growth rate (CAGR), from $16.06M to $15.41M.

Freshpet FRPT Work-in-process and raw materials

Other financials

Income statement

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Revenue$297.6M+13.1%

Gross profit$120.7M+16.3%

Operating income$4.3M+138%

Net income$48.5M+482%

EPS (diluted)$0.91+450%

Balance sheet

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Cash & equivalents$381.4M+56.5%

Total debt$98.5M+167%

Total equity$1.3B+20.3%

Total assets$1.8B+18.0%

Cash flow

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Operating cash flow$40.3M+739%

CapEx$27.6M+4.2%

Free cash flow$12.7M+159%

Valuation

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Market cap$2.62B-28.6%

Enterprise value$2.34B-32.1%

P/E13.1×-222×

P/S2.3×-1.3×

Profitability

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Gross margin41.1%+0.5pp

Operating margin8.1%+6.3pp

Net margin17.6%+16.1pp

FCF margin4.1%—

Returns & leverage

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Return on equity17.3%+15.8pp

Debt / equity0.1×0.0×

Current ratio6.2×+1.3×

Where this comes from

Reported directly by Freshpet in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcessAndRawMaterials.

The official record: Freshpet’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Freshpet's work-in-process and raw materials?: Freshpet (FRPT) reported work-in-process and raw materials of $21.95M in Q1 2026.
How has Freshpet's work-in-process and raw materials changed year-over-year?: Freshpet's work-in-process and raw materials increased by 22.9% year-over-year, from $17.86M to $21.95M.
What is the long-term trend for Freshpet's work-in-process and raw materials?: Over 2 years (2023 to 2025), Freshpet's work-in-process and raw materials has grown at a -2.0% compound annual growth rate (CAGR), from $16.06M to $15.41M.