Alfredo 2 is a collaborative studio album by American rapper Freddie Gibbs and American hip-hop producer the Alchemist. It was released on July 25, 2025, through Gibbs's own record label ESGN Records, as well as ALC Records, being distributed by Virgin Music Group. The album serves as a sequel to Gibbs and the Alchemist's 2020 Grammy-nominated album Alfredo, making it their second project as a duo and third overall collaborative album with each other, counting 2018's Fetti with rapper Currensy. The album features guest appearances from Anderson .Paak, Larry June, and JID, and is divided into three acts.
Promoting the album, the duo starred in a short film located in Japan, released the lead single "1995", two music videos, limited-edition vinyl records, a video game, and went on a North American tour. The album received critical and commercial success, debuting at number 13 on the Billboard 200, number 6 on the US Top R&B/Hip-Hop Albums, and topping the US Independent Albums chart, alongside charts from various countries.