Vital Farms Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY
Period Ending	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 25, 2022	Dec '21 Dec 26, 2021
Revenue	759.44	606.31	471.86	362.05	260.9
Revenue Growth (YoY)	25.26%	28.49%	30.33%	38.77%	21.76%
Cost of Revenue	473.76	376.38	309.53	252.61	178
Gross Profit	285.68	229.93	162.33	109.44	82.9
Selling, General & Admin	159.43	133.94	101.73	77.24	57.87
Other Operating Expenses	37.88	32.44	27.34	30.1	24.98
Total Operating Expenses	197.31	166.37	129.07	107.34	82.85
Operating Income	88.37	63.55	33.25	2.1	0.05
Interest Income	5.01	5.25	2.54	0.99	0.38
Interest Expense	-0.87	-1.01	-0.78	-0.11	-0.05
Other Non-Operating Income (Expense)	-1.25	-0.25	-2.81	-0.15	-0.03
Total Non-Operating Income (Expense)	2.89	3.99	-1.05	0.73	0.3
Pretax Income	91.26	67.54	32.2	2.83	0.35
Provision for Income Taxes	24.98	14.15	6.64	1.6	-2.03
Net Income	66.28	53.39	25.57	1.25	2.43
Minority Interest in Earnings	-	-	-	-0.02	-0.05
Net Income to Common	66.28	53.39	25.57	1.25	2.43
Net Income Growth	24.15%	108.82%	1943.64%	-48.50%	-72.40%
Shares Outstanding (Basic)	45	43	41	41	40
Shares Outstanding (Diluted)	46	45	43	43	43
Shares Change (YoY)	1.98%	4.19%	-0.36%	0.34%	31.62%
EPS (Basic)	1.49	1.25	0.62	0.03	0.06
EPS (Diluted)	1.44	1.18	0.59	0.03	0.06
EPS Growth	22.03%	100.00%	1866.67%	-50.00%	-77.78%
Shares Outstanding	44.8	44.04	41.68	40.75	40.49
Free Cash Flow	-48.24	36.18	39.37	-18.66	0.97
Free Cash Flow Growth	-	-8.10%	-	-	-19.88%
Free Cash Flow Per Share	-1.05	0.80	0.91	-0.43	0.02
Gross Margin	37.62%	37.92%	34.40%	30.23%	31.77%
Operating Margin	11.64%	10.48%	7.05%	0.58%	0.02%
Profit Margin	8.73%	8.81%	5.42%	0.34%	0.91%
FCF Margin	-6.35%	5.97%	8.34%	-5.15%	0.37%
EBITDA	111.82	80.84	45.31	9.39	3.59
EBITDA Margin	14.72%	13.33%	9.60%	2.59%	1.38%
EBIT	88.37	63.55	33.25	2.1	0.05
EBIT Margin	11.64%	10.48%	7.05%	0.58%	0.02%
Effective Tax Rate	27.37%	20.95%	20.61%	56.55%	-572.88%

Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q