Vital Farms Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017
Revenue	471.86	362.05	260.9	214.28	140.73	106.71	74
Revenue Growth (YoY)	30.33%	38.77%	21.76%	52.26%	31.88%	44.21%	-
Cost of Revenue	309.53	252.61	178	139.75	97.86	71.89	55.61
Gross Profit	162.33	109.44	82.9	74.53	42.88	34.82	18.39
Selling, General & Admin	101.73	77.24	57.87	47.4	29.53	19.44	14.26
Other Operating Expenses	27.34	30.1	24.98	14.9	10	8.62	5.72
Operating Expenses	129.07	107.34	82.85	62.3	39.53	28.05	19.99
Operating Income	33.25	2.1	0.05	12.23	3.35	6.77	-1.6
Interest Expense / Income	0.78	0.11	0.05	0.49	0.35	0.42	0.52
Other Expense / Income	0.27	-0.86	-0.4	0.17	-0.49	-0.18	-0.23
Pretax Income	32.2	2.85	0.4	11.57	3.49	6.52	-1.89
Income Tax	6.64	1.6	-2.03	2.77	1.11	0.72	0.03
Net Income	25.57	1.25	2.43	8.8	2.39	5.8	-1.92
Net Income Growth	1943.65%	-48.50%	-72.40%	268.97%	-58.86%	-	-
Shares Outstanding (Basic)	41	41	40	29	26	26	26
Shares Outstanding (Diluted)	43	43	43	33	36	35	26
Shares Change	-0.36%	0.34%	31.62%	-8.75%	2.30%	36.68%	-
EPS (Basic)	0.62	0.03	0.06	0.31	0.09	0.22	-0.07
EPS (Diluted)	0.59	0.03	0.06	0.27	0.07	0.16	-0.07
EPS Growth	1866.67%	-50.00%	-77.78%	285.71%	-56.25%	-	-
Free Cash Flow	40.42	-18.56	0.97	1.21	-10.14	9.51	-16.19
Free Cash Flow Per Share	0.98	-0.46	0.02	0.04	-0.39	0.37	-0.63
Gross Margin	34.40%	30.23%	31.77%	34.78%	30.47%	32.63%	24.85%
Operating Margin	7.05%	0.58%	0.02%	5.71%	2.38%	6.34%	-2.16%
Profit Margin	5.42%	0.35%	0.93%	4.11%	1.69%	5.43%	-2.59%
Free Cash Flow Margin	8.57%	-5.12%	0.37%	0.57%	-7.21%	8.91%	-21.87%
Effective Tax Rate	20.60%	56.14%	-505.74%	23.94%	31.68%	11.09%	-
EBITDA	45.04	10.25	3.99	14.61	5.76	8.38	-0.54
EBITDA Margin	9.54%	2.83%	1.53%	6.82%	4.09%	7.85%	-0.73%
Depreciation & Amortization	12.05	7.28	3.54	2.55	1.92	1.44	0.82
EBIT	32.98	2.97	0.45	12.06	3.84	6.94	-1.36
EBIT Margin	6.99%	0.82%	0.17%	5.63%	2.73%	6.51%	-1.84%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).