8-K Announcements
6Feb 26, 2026·SEC
Dec 16, 2025·SEC
Nov 4, 2025·SEC
Vital Farms, Inc. (VITL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Vital Farms, Inc. (VITL) stock price & volume — 10-year historical chart
Vital Farms, Inc. (VITL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Vital Farms, Inc. (VITL) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 26, 2026 | $0.35vs $0.38-7.9% | $214Mvs $214M-0.4% |
| Q4 2025 | Nov 4, 2025 | $0.36vs $0.30+20.0% | $199Mvs $213M-6.5% |
| Q3 2025 | Aug 7, 2025 | $0.36vs $0.27+33.3% | $185Mvs $191M-3.4% |
| Q2 2025 | May 8, 2025 | $0.37vs $0.26+42.3% | $162Mvs $171M-5.0% |
Vital Farms, Inc. (VITL) competitors in Animal Protein and Aquaculture — business model, growth, and fundamentals comparison
Vital Farms, Inc. (VITL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Vital Farms, Inc. (VITL) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 106.71M | 140.73M | 214.28M | 260.9M | 362.05M | 471.86M | 606.31M | 759.44M |
| Revenue Growth % | - | 31.88% | 52.26% | 21.76% | 38.77% | 30.33% | 28.49% | 25.26% |
| Cost of Goods Sold | 71.89M | 97.86M | 139.75M | 178M | 252.61M | 309.53M | 376.38M | 473.76M |
| COGS % of Revenue | 67.37% | 69.53% | 65.22% | 68.23% | 69.77% | 65.6% | 62.08% | 62.38% |
| Gross Profit | 34.82M▲ 0% | 42.88M▲ 23.1% | 74.53M▲ 73.8% | 82.9M▲ 11.2% | 109.44M▲ 32.0% | 162.33M▲ 48.3% | 229.93M▲ 41.6% | 285.68M▲ 24.2% |
| Gross Margin % | 32.63% | 30.47% | 34.78% | 31.77% | 30.23% | 34.4% | 37.92% | 37.62% |
| Gross Profit Growth % | - | 23.14% | 73.82% | 11.23% | 32.02% | 48.32% | 41.64% | 24.25% |
| Operating Expenses | 28.05M | 39.53M | 62.3M | 82.85M | 107.34M | 129.07M | 166.37M | 197.31M |
| OpEx % of Revenue | 26.29% | 28.09% | 29.07% | 31.75% | 29.65% | 27.35% | 27.44% | 25.98% |
| Selling, General & Admin | 28.05M | 39.53M | 62.3M | 82.85M | 107.34M | 129.07M | 166.37M | 159.43M |
| SG&A % of Revenue | 26.29% | 28.09% | 29.07% | 31.75% | 29.65% | 27.35% | 27.44% | 20.99% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37.88M |
| Operating Income | 6.77M▲ 0% | 3.35M▼ 50.5% | 12.23M▲ 265.0% | 52K▼ 99.6% | 2.1M▲ 3946.2% | 33.25M▲ 1480.5% | 63.55M▲ 91.1% | 88.37M▲ 39.1% |
| Operating Margin % | 6.34% | 2.38% | 5.71% | 0.02% | 0.58% | 7.05% | 10.48% | 11.64% |
| Operating Income Growth % | - | -50.5% | 265.01% | -99.57% | 3946.15% | 1480.51% | 91.11% | 39.06% |
| EBITDA | 8.2M | 5.27M | 14.78M | 3.59M | 7.54M | 41.18M | 76.64M | 88.37M |
| EBITDA Margin % | 7.69% | 3.75% | 6.9% | 1.38% | 2.08% | 8.73% | 12.64% | 11.64% |
| EBITDA Growth % | - | -35.75% | 180.36% | -75.69% | 110.05% | 445.78% | 86.13% | 15.3% |
| D&A (Non-Cash Add-back) | 1.44M | 1.92M | 2.55M | 3.54M | 5.44M | 7.92M | 13.09M | 0 |
| EBIT | 6.78M | 4.77M | 12.14M | 406K | 2.94M | 32.98M | 68.55M | 0 |
| Net Interest Income | -424K | -349K | -391K | 329K | 878K | 1.76M | 4.24M | 0 |
| Interest Income | 0 | 0 | 97K | 381K | 992K | 2.54M | 5.25M | 5.01M |
| Interest Expense | 424K | 349K | 488K | 52K | 114K | 782K | 1.01M | -874K |
| Other Income/Expense | -415K | 1.07M | -574K | 302K | 727K | -1.05M | 3.99M | 2.89M |
| Pretax Income | 6.35M▲ 0% | 4.42M▼ 30.4% | 11.65M▲ 163.8% | 354K▼ 97.0% | 2.83M▲ 699.7% | 32.2M▲ 1037.4% | 67.54M▲ 109.7% | 91.26M▲ 35.1% |
| Pretax Margin % | 5.95% | 3.14% | 5.44% | 0.14% | 0.78% | 6.82% | 11.14% | 12.02% |
| Income Tax | 723K | 1.11M | 2.77M | -2.03M | 1.6M | 6.63M | 14.15M | 24.98M |
| Effective Tax Rate % | 11.38% | 25.03% | 23.77% | -572.88% | 56.55% | 20.6% | 20.95% | 27.37% |
| Net Income | 5.8M▲ 0% | 2.38M▼ 58.9% | 8.8M▲ 269.0% | 2.43M▼ 72.4% | 1.25M▼ 48.5% | 25.57M▲ 1943.6% | 53.39M▲ 108.8% | 66.28M▲ 24.2% |
| Net Margin % | 5.43% | 1.69% | 4.11% | 0.93% | 0.35% | 5.42% | 8.81% | 8.73% |
| Net Income Growth % | - | -58.86% | 268.97% | -72.4% | -48.5% | 1943.65% | 108.82% | 24.15% |
| Net Income (Continuing) | 5.63M | 3.31M | 8.88M | 2.38M | 1.23M | 25.57M | 53.39M | 66.28M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 22.36M | 23.29M | 338K | 290K | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.16▲ 0% | 0.06▼ 59.8% | 0.27▲ 319.9% | 0.06▼ 79.2% | 0.03▼ 48.7% | 0.59▲ 1948.6% | 1.18▲ 100.0% | 1.44▲ 22.0% |
| EPS Growth % | - | -59.81% | 319.91% | -79.22% | -48.66% | 1948.61% | 100% | 22.03% |
| EPS (Basic) | 0.17 | 0.07 | 0.31 | 0.06 | 0.03 | 0.62 | 1.25 | 1.49 |
| Diluted Shares Outstanding | 37.12M | 37.12M | 32.91M | 43.32M | 43.47M | 43.31M | 45.13M | 46.02M |
| Basic Shares Outstanding | 34.14M | 34.14M | 28.67M | 40.03M | 40.65M | 41.19M | 42.85M | 44.59M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
Vital Farms, Inc. (VITL) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 27.09M | 34.65M | 137.26M | 141.29M | 149.61M | 195.52M | 246.04M | 262.55M |
| Cash & Short-Term Investments | 11.81M | 1.27M | 97.9M | 99.59M | 78.73M | 116.82M | 160.29M | 113.35M |
| Cash Only | 11.81M | 1.27M | 29.54M | 30.97M | 12.91M | 84.15M | 150.6M | 48.83M |
| Short-Term Investments | 0 | 0 | 68.36M | 68.62M | 65.81M | 32.67M | 9.69M | 64.52M |
| Accounts Receivable | 10.29M | 17.72M | 22.49M | 26.94M | 38.9M | 39.7M | 54.34M | 67.85M |
| Days Sales Outstanding | 35.19 | 45.97 | 38.31 | 37.69 | 39.21 | 30.71 | 32.71 | 32.61 |
| Inventory | 3.87M | 12.95M | 12.9M | 10.95M | 26.85M | 32.9M | 23.67M | 66.5M |
| Days Inventory Outstanding | 19.63 | 48.29 | 33.7 | 22.44 | 38.8 | 38.79 | 22.95 | 51.23 |
| Other Current Assets | 0 | 0 | 0 | 278K | 5.14M | 6.11M | 7.74M | 14.86M |
| Total Non-Current Assets | 22.76M | 27.3M | 34.12M | 48.66M | 65.05M | 79.65M | 113.29M | 256.19M |
| Property, Plant & Equipment | 18.66M | 22.46M | 30.12M | 44.61M | 61.05M | 75.75M | 104.14M | 240.99M |
| Fixed Asset Turnover | 5.72x | 6.27x | 7.11x | 5.85x | 5.93x | 6.23x | 5.82x | 3.15x |
| Goodwill | 3.86M | 3.86M | 3.86M | 3.86M | 4M | 3.86M | 3.86M | 15.2M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 246K | 982K | 142K | 110K | 0 | 46K | 3.9M | 0 |
| Total Assets | 49.85M▲ 0% | 61.95M▲ 24.3% | 171.37M▲ 176.6% | 189.94M▲ 10.8% | 214.67M▲ 13.0% | 275.18M▲ 28.2% | 359.33M▲ 30.6% | 518.74M▲ 44.4% |
| Asset Turnover | 2.14x | 2.27x | 1.25x | 1.37x | 1.69x | 1.71x | 1.69x | 1.46x |
| Asset Growth % | - | 24.26% | 176.64% | 10.83% | 13.02% | 28.19% | 30.58% | 44.36% |
| Total Current Liabilities | 16.8M | 25M | 25.91M | 37.99M | 47.65M | 65.22M | 78.53M | 121.58M |
| Accounts Payable | 9.36M | 13.51M | 15.49M | 22.52M | 25.97M | 33.48M | 38.58M | 55.14M |
| Days Payables Outstanding | 47.5 | 50.39 | 40.45 | 46.18 | 37.53 | 39.49 | 37.42 | 42.48 |
| Short-Term Debt | 671K | 2.16M | 0 | 0 | 0 | 0 | 0 | 10.34M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 2.56M | 1.4M | 3.83M | 3.04M | 7.45M | 9.13M | 15.07M | 111.23M |
| Current Ratio | 1.61x | 1.39x | 5.30x | 3.72x | 3.14x | 3.00x | 3.13x | 2.16x |
| Quick Ratio | 1.38x | 0.87x | 4.80x | 3.43x | 2.58x | 2.49x | 2.83x | 1.61x |
| Cash Conversion Cycle | 7.31 | 43.87 | 31.55 | 13.95 | 40.48 | 30.01 | 18.25 | 41.36 |
| Total Non-Current Liabilities | 5.58M | 5.1M | 3.07M | 192K | 8.68M | 17.28M | 11.5M | 45.9M |
| Long-Term Debt | 3.14M | 2.9M | 0 | 0 | 0 | 0 | 0 | 43.15M |
| Capital Lease Obligations | 1.14M | 797K | 327K | 0 | 7.92M | 16.25M | 10.93M | 0 |
| Deferred Tax Liabilities | 703K | 755K | 2.54M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 601K | 654K | 210K | 192K | 767K | 1.03M | 572K | 2.75M |
| Total Liabilities | 22.38M | 30.1M | 28.99M | 38.18M | 56.33M | 82.5M | 90.03M | 167.48M |
| Total Debt | 5.48M | 6.3M | 798K | 327K | 10.69M | 22.56M | 18.71M | 53.49M |
| Net Debt | -6.33M | 5.03M | -28.75M | -30.64M | -2.22M | -61.59M | -131.89M | 4.66M |
| Debt / Equity | 0.20x | 0.20x | 0.01x | 0.00x | 0.07x | 0.12x | 0.07x | 0.15x |
| Debt / EBITDA | 0.67x | 1.20x | 0.05x | 0.09x | 1.42x | 0.55x | 0.24x | 0.61x |
| Net Debt / EBITDA | -0.77x | 0.95x | -1.95x | -8.53x | -0.29x | -1.50x | -1.72x | 0.05x |
| Interest Coverage | 15.96x | 9.60x | 25.06x | 1.00x | 18.46x | 42.52x | 62.92x | - |
| Total Equity | 27.48M▲ 0% | 31.85M▲ 15.9% | 142.39M▲ 347.1% | 151.76M▲ 6.6% | 158.33M▲ 4.3% | 192.68M▲ 21.7% | 269.3M▲ 39.8% | 351.26M▲ 30.4% |
| Equity Growth % | - | 15.91% | 347.07% | 6.58% | 4.33% | 21.69% | 39.77% | 30.43% |
| Book Value per Share | 0.74 | 0.86 | 4.33 | 3.50 | 3.64 | 4.45 | 5.97 | 7.63 |
| Total Shareholders' Equity | 5.12M | 8.56M | 142.05M | 151.47M | 158.33M | 192.68M | 269.3M | 351.26M |
| Common Stock | 3K | 3K | 5K | 5K | 4K | 4K | 4K | 4K |
| Retained Earnings | 2.85M | 5.24M | 14.04M | 2.75M | 4.16M | 29.73M | 83.11M | 149.4M |
| Treasury Stock | - | -16.28M | -16.28M | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -2.34M | 0 | -31K | -281K | -1.55M | -377K | 3K | 41K |
| Minority Interest | 22.36M | 23.29M | 338K | 290K | 0 | 0 | 0 | 0 |
Vital Farms, Inc. (VITL) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 11.42M | -5.35M | 11.7M | 17.68M | -8.1M | 50.91M | 64.41M | 33.72M |
| Operating CF Margin % | 10.71% | -3.8% | 5.46% | 6.78% | -2.24% | 10.79% | 10.62% | 4.44% |
| Operating CF Growth % | - | -146.85% | 318.65% | 51.1% | -145.8% | 728.62% | 26.53% | -47.66% |
| Net Income | 5.63M | 3.31M | 8.88M | 2.38M | 1.23M | 25.57M | 53.39M | 66.28M |
| Depreciation & Amortization | 1.44M | 1.92M | 2.55M | 3.54M | 7.28M | 7.92M | 17.28M | 13.84M |
| Stock-Based Compensation | 600K | 1.03M | 2.51M | 4.44M | 6.04M | 7.42M | 0 | 12.39M |
| Deferred Taxes | 703K | 52K | 1.78M | -2.54M | 632K | -179K | -1.86M | 689K |
| Other Non-Cash Items | 363K | 572K | -131K | 1.64M | 895K | 7.68M | 11.82M | -59.49M |
| Working Capital Changes | 2.69M | -12.24M | -3.89M | 8.21M | -24.18M | 2.49M | -16.22M | 0 |
| Change in Receivables | -3.58M | -6.18M | -4.72M | -4.72M | -13.72M | -862K | -14.79M | -13.5M |
| Change in Inventory | -1.04M | -9.27M | 29K | 1.73M | -15.57M | -6.44M | 8.93M | -47.79M |
| Change in Payables | 4.95M | 3.19M | 1.81M | 6.8M | 2.35M | 6.67M | 5.81M | 16.93M |
| Cash from Investing | -1.91M | -5.62M | -77.84M | -18.44M | -10.04M | 22.38M | -7.03M | -134.25M |
| Capital Expenditures | -1.94M | -4.8M | -10.3M | -16.71M | -10.56M | -11.54M | -28.65M | -81.95M |
| CapEx % of Revenue | 1.82% | 3.41% | 4.81% | 6.41% | 2.92% | 2.45% | 4.72% | 10.79% |
| Acquisitions | 0 | 0 | 0 | 0 | -108K | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | 29K | -824K | 846K | 0 | 100K | -257K | 1K | 1.6M |
| Cash from Financing | -1.51M | 434K | 94.41M | 2.18M | 83K | -2.05M | 9.07M | 0 |
| Debt Issued (Net) | -1.08M | 813K | -5.57M | -471K | -554K | -2.25M | -3.52M | 0 |
| Equity Issued (Net) | 40K | 30K | 1000K | 1000K | 675K | 988K | 1000K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -15.19M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -469K | -409K | -192K | -152K | -38K | -796K | -1.51M | 0 |
| Net Change in Cash | 11.81M▲ 0% | -10.54M▼ 189.2% | 28.27M▲ 368.2% | 1.42M▼ 95.0% | -18.05M▼ 1369.5% | 71.23M▲ 494.6% | 66.45M▼ 6.7% | 0▼ 100.0% |
| Free Cash Flow | 9.48M▲ 0% | -10.15M▼ 207.0% | 1.4M▲ 113.8% | 971K▼ 30.7% | -18.66M▼ 2021.2% | 39.37M▲ 311.0% | 35.76M▼ 9.2% | -48.23M▼ 234.9% |
| FCF Margin % | 8.89% | -7.21% | 0.65% | 0.37% | -5.15% | 8.34% | 5.9% | -6.35% |
| FCF Growth % | - | -207.03% | 113.81% | -30.74% | -2021.22% | 311.03% | -9.15% | -234.87% |
| FCF per Share | 0.26 | -0.27 | 0.04 | 0.02 | -0.43 | 0.91 | 0.79 | -1.05 |
| FCF Conversion (FCF/Net Income) | 1.97x | -2.24x | 1.33x | 7.28x | -6.47x | 1.99x | 1.21x | 0.51x |
| Interest Paid | - | 0 | 414K | 43K | 114K | 775K | 950K | 0 |
| Taxes Paid | - | 0 | 2.21M | 102K | 99K | 6M | 16.58M | 0 |
Vital Farms, Inc. (VITL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 21.1% | 8.04% | 10.1% | 1.65% | 0.81% | 14.57% | 23.11% | 21.36% |
| Return on Invested Capital (ROIC) | 24% | 8.66% | 12.19% | 0.03% | 1.14% | 17.37% | 35.5% | 26.87% |
| Gross Margin | 32.63% | 30.47% | 34.78% | 31.77% | 30.23% | 34.4% | 37.92% | 37.62% |
| Net Margin | 5.43% | 1.69% | 4.11% | 0.93% | 0.35% | 5.42% | 8.81% | 8.73% |
| Debt / Equity | 0.20x | 0.20x | 0.01x | 0.00x | 0.07x | 0.12x | 0.07x | 0.15x |
| Interest Coverage | 15.96x | 9.60x | 25.06x | 1.00x | 18.46x | 42.52x | 62.92x | - |
| FCF Conversion | 1.97x | -2.24x | 1.33x | 7.28x | -6.47x | 1.99x | 1.21x | 0.51x |
| Revenue Growth | - | 31.88% | 52.26% | 21.76% | 38.77% | 30.33% | 28.49% | 25.26% |
Vital Farms, Inc. (VITL) SEC filings — annual & quarterly reports (10-K, 10-Q)
Feb 26, 2026·SEC
Dec 16, 2025·SEC
Nov 4, 2025·SEC
Vital Farms, Inc. (VITL) stock FAQ — growth, dividends, profitability & financials explained
Vital Farms, Inc. (VITL) reported $759.4M in revenue for fiscal year 2025. This represents a 612% increase from $106.7M in 2018.
Vital Farms, Inc. (VITL) grew revenue by 25.3% over the past year. This is strong growth.
Yes, Vital Farms, Inc. (VITL) is profitable, generating $66.3M in net income for fiscal year 2025 (8.7% net margin).
Vital Farms, Inc. (VITL) has a return on equity (ROE) of 21.4%. This is excellent, indicating efficient use of shareholder capital.
Vital Farms, Inc. (VITL) had negative free cash flow of $58.8M in fiscal year 2025, likely due to heavy capital investments.
Vital Farms, Inc. (VITL) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates