Vital Farms, Inc.

Annual Trend FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Net revenue $106.7m $140.7m $214.3m $260.9m $362.1m $471.9m $606.3m $759.4m $765.7m
Cost of goods sold $71.9m
$97.9m +36.11%
$139.8m +42.81%
$178.0m +27.37%
$252.6m +41.91%
$309.5m +22.54%
$376.4m +21.60%
$473.8m +25.87%
$550.3m +16.17%
Gross profit $34.8m
$42.9m +23.14%
$74.5m +73.82%
$82.9m +11.23%
$109.4m +32.02%
$162.3m +48.32%
$229.9m +41.64%
$285.7m +24.25%
$215.3m -24.63%
Selling, general and administrative $19.4m $29.5m $47.4m $57.9m $77.2m $101.7m $133.9m $159.4m $215.0m
Total operating expenses $28.1m $39.5m $62.3m $82.8m $107.3m $129.1m $166.4m $197.3m $215.0m
Income from operations $6.8m
$3.4m -50.50%
$12.2m +265.01%
$52k -99.57%
$2.1m +3946.15%
$33.3m +1480.51%
$63.6m +91.11%
$88.4m +39.06%
$331k -99.63%
Interest expense ($424k) ($349k) ($488k) ($52k) ($114k) ($782k) ($1.0m) ($874k) $1.0m
Interest income $97k $381k $992k $2.5m $5.2m $5.0m $3.5m
Other expense, net $9k $1.4m ($86k) $354k ($151k) ($2.8m) ($250k) ($1.2m)
Total other income (expense), net ($415k) $1.1m ($574k) $302k $727k ($1.1m) $4.0m $2.9m
Net income before income taxes $6.4m $4.4m $11.7m $354k $2.8m $32.2m $67.5m $91.3m
Income tax provision $723k $1.1m $2.8m ($2.0m) $1.6m $6.6m $14.2m $25.0m
Net income $5.6m
$3.3m -41.16%
$8.9m +168.24%
$2.4m -73.19%
$1.2m -48.36%
$25.6m +1978.54%
$53.4m +108.82%
$66.3m +24.15%
$156k -99.76%
Basic: $0 $0 $0 $0 $0 $1 $2 $2 ($0)
Diluted: $0 $0 $0 $0 $0 $1 $1 $2 $156k
Shipping and distribution $8.6m $10.0m $14.9m $25.0m $30.1m $27.3m $32.4m $37.9m