Q3 2025 Financial Results and Guidance

This source presents the Q3 2025 Financial Results for an unnamed company, dated December 10, 2025, specializing in pet products, as indicated by the accompanying photos of animals in festive sweaters. The report details key financial highlights for the quarter, including 250,000 net sequential active customer additions and $55 million returned to shareholders through share repurchases. Detailed financial metrics are provided for both the quarterly and last twelve months (LTM) periods across several fiscal years, showing figures for net sales, Autoship customer sales, Net Sales Per Active Customer (NSPAC), gross margin, Adjusted EBITDA, and free cash flow. Furthermore, the document includes a section on forward-looking statements outlining potential risks and uncertainties, and offers guidance for the fiscal fourth quarter and full fiscal year 2025. Finally, the source thoroughly defines and reconciles various Non-GAAP Financial Measures, such as Adjusted EBITDA and Free Cash Flow, to their closest GAAP equivalents.