Financials in USD. Standardized financial statements.
A compact view of how Vital Farms, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $759.44M | $606.31M | $471.86M | $362.05M | $260.90M | $214.28M | $140.73M | $106.71M | $74.00M |
| Revenue Growth? | +25.3% | +28.5% | +30.3% | +38.8% | +21.8% | +52.3% | +31.9% | +44.2% | 0.0% |
| Cost of Revenue? | $473.76M | $376.38M | $309.53M | $252.61M | $178.00M | $139.75M | $97.86M | $71.89M | $55.61M |
| Gross Profit? | $285.68M | $229.93M | $162.33M | $109.44M | $82.90M | $74.53M | $42.88M | $34.82M | $18.39M |
| Gross Margin? | +37.6% | +37.9% | +34.4% | +30.2% | +31.8% | +34.8% | +30.5% | +32.6% | +24.8% |
| Operating Expenses? | $197.31M | $166.37M | $129.07M | $107.34M | $82.85M | $62.30M | $39.53M | $28.05M | $19.98M |
| Operating Income? | $88.37M | $63.55M | $33.25M | $2.10M | $52,000 | $12.23M | $3.35M | $6.77M | -$1.60M |
| EBITDA? | $106.65M | $81.64M | $40.91M | $8.39M | $3.95M | $14.69M | $6.69M | $8.21M | -$767,000 |
| Income Before Tax | $91.26M | $67.54M | $32.20M | $2.83M | $354,000 | $11.65M | $4.42M | $6.35M | -$2.11M |
| Income Tax Expense | $24.98M | $14.15M | $6.63M | $1.60M | -$2.03M | $2.77M | $1.11M | $723,000 | $33,000 |
| Net Income? | $66.28M | $53.39M | $25.57M | $1.25M | $2.43M | $8.80M | $2.38M | $5.80M | -$1.92M |
| EPS? | $1.49 | $1.25 | $0.62 | $0.03 | $0.06 | $0.31 | $0.07 | $0.17 | $-0.06 |
| Diluted EPS? | $1.44 | $1.18 | $0.59 | $0.03 | $0.06 | $0.27 | $0.06 | $0.16 | $-0.06 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality