Vital Farms, Inc. (VITL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 187.16M | 213.55M | 198.94M | 184.77M | 162.19M | 165.99M | 145M | 147.39M | 147.93M | 135.81M | 110.43M | 106.44M | 119.17M | 110.08M | 92.04M | 82.87M | 77.06M | 77.41M | 64.63M | 60.32M |
| Revenue Growth % | 15.39% | 28.65% | 37.2% | 25.36% | 9.64% | 22.22% | 31.31% | 38.46% | 24.13% | 23.37% | 19.98% | 28.45% | 54.65% | 42.21% | 42.42% | 37.38% | 31.62% | 43.36% | 21.1% | 1.65% |
| Cost of Goods Sold | 134.15M | 137.13M | 123.97M | 112.98M | 99.68M | 106.11M | 91.53M | 89.71M | 89.03M | 90.62M | 73.76M | 68.64M | 76.5M | 76.77M | 62.55M | 57.93M | 55.36M | 57.61M | 44.79M | 38.39M |
| COGS % of Revenue | 71.68% | 64.21% | 62.32% | 61.15% | 61.46% | 63.93% | 63.12% | 60.87% | 60.19% | 66.72% | 66.8% | 64.49% | 64.2% | 69.74% | 67.96% | 69.91% | 71.84% | 74.42% | 69.3% | 63.64% |
| Gross Profit | 53.01M | 76.42M | 74.96M | 71.78M | 62.51M | 59.88M | 53.48M | 57.68M | 58.9M | 45.19M | 36.66M | 37.8M | 42.67M | 33.31M | 29.49M | 24.94M | 21.7M | 19.8M | 19.84M | 21.93M |
| Gross Margin % | 28.32% | 35.79% | 37.68% | 38.85% | 38.54% | 36.07% | 36.88% | 39.13% | 39.81% | 33.28% | 33.2% | 35.51% | 35.8% | 30.26% | 32.04% | 30.09% | 28.16% | 25.58% | 30.7% | 36.36% |
| Gross Profit Growth % | -15.2% | 27.64% | 40.18% | 24.45% | 6.14% | 32.49% | 45.85% | 52.59% | 38.04% | 35.66% | 24.33% | 51.57% | 96.63% | 68.27% | 48.65% | 13.71% | 1.73% | 12.32% | 8.11% | -3.37% |
| Operating Expenses | 55.34M | 55.02M | 53.56M | 47.99M | 40.74M | 46.87M | 44.24M | 40.54M | 34.73M | 36.1M | 31.44M | 29.76M | 31.77M | 29.87M | 27.47M | 24.22M | 25.79M | 24.04M | 21.64M | 18.92M |
| OpEx % of Revenue | 29.57% | 25.76% | 26.92% | 25.97% | 25.12% | 28.24% | 30.51% | 27.51% | 23.48% | 26.58% | 28.47% | 27.96% | 26.66% | 27.13% | 29.84% | 29.22% | 33.46% | 31.06% | 33.49% | 31.36% |
| Selling, General & Admin | 55.34M | 55.02M | 53.56M | 47.99M | 40.74M | 46.87M | 44.24M | 40.54M | 34.73M | 36.1M | 31.44M | 29.76M | 31.77M | 29.87M | 27.47M | 24.22M | 25.79M | 24.04M | 21.64M | 18.92M |
| SG&A % of Revenue | 29.57% | 25.76% | 26.92% | 25.97% | 25.12% | 28.24% | 30.51% | 27.51% | 23.48% | 26.58% | 28.47% | 27.96% | 26.66% | 27.13% | 29.84% | 29.22% | 33.46% | 31.06% | 33.49% | 31.36% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1K |
| Operating Income | -2.33M | 21.41M | 21.4M | 23.8M | 21.77M | 13M | 9.24M | 17.14M | 24.17M | 9.09M | 5.23M | 8.04M | 10.9M | 3.44M | 2.02M | 721K | -4.09M | -4.24M | -1.8M | 3.02M |
| Operating Margin % | -1.25% | 10.03% | 10.76% | 12.88% | 13.42% | 7.83% | 6.37% | 11.63% | 16.34% | 6.69% | 4.74% | 7.55% | 9.14% | 3.13% | 2.2% | 0.87% | -5.3% | -5.48% | -2.79% | 5% |
| Operating Income Growth % | -110.71% | 64.64% | 131.59% | 38.84% | -9.93% | 43.06% | 76.71% | 113.2% | 121.82% | 163.86% | 158.35% | 1014.98% | 366.67% | 181.21% | 212.13% | -76.09% | -232.49% | -97.3% | -174.8% | -66.73% |
| EBITDA | 5.01M | 30.21M | 24.66M | 25.58M | 26.71M | 19.12M | 8.06M | 21.33M | 28.14M | 11.42M | 5.69M | 10.68M | 13.38M | 5.7M | 3.93M | 2.48M | -2.73M | -3.23M | -899K | 3.85M |
| EBITDA Margin % | 2.68% | 14.15% | 12.4% | 13.84% | 16.47% | 11.52% | 5.56% | 14.47% | 19.02% | 8.41% | 5.16% | 10.04% | 11.23% | 5.18% | 4.27% | 2.99% | -3.54% | -4.17% | -1.39% | 6.38% |
| EBITDA Growth % | -81.25% | 58.03% | 205.94% | 19.93% | -5.06% | 67.42% | 41.59% | 99.61% | 110.27% | 100.25% | 44.82% | 331.5% | 591.08% | 276.67% | 537.26% | -35.69% | -170.43% | -176.37% | -129.7% | -59.73% |
| D&A (Non-Cash Add-back) | 7.34M | 8.8M | 3.26M | 1.78M | 4.95M | 6.12M | -1.18M | 4.19M | 3.97M | 2.33M | 464K | 2.65M | 2.49M | 2.26M | 1.91M | 1.75M | 1.36M | 1.01M | 906K | 835K |
| EBIT | -2.33M | 23.96M | 22.18M | 24.75M | 22.58M | 14.56M | 10.64M | 18.37M | 24.98M | 9.83M | 5.29M | 8.05M | 9.81M | 3.79M | 2.19M | 879K | -3.91M | -4.19M | -1.8M | 3.2M |
| Net Interest Income | 582K | -339K | 1.06M | 1.11M | 977K | 1.2M | 1.15M | 1.06M | 833K | 776K | 469K | 314K | 201K | 253K | 300K | 203K | 122K | -10K | -11K | -13K |
| Interest Income | 772K | 1.2M | 1.27M | 1.33M | 1.21M | 1.44M | 1.41M | 1.32M | 1.09M | 1.04M | 707K | 450K | 340K | 340K | 312K | 210K | 130K | 0 | 0 | 0 |
| Interest Expense | 190K | 1.54M | 213K | 218K | 234K | 239K | 259K | 257K | 255K | 269K | 238K | 136K | 139K | 87K | 12K | 7K | 8K | 10K | 11K | 13K |
| Other Income/Expense | 473K | 1.01M | 570K | 736K | 573K | 1.32M | 1.14M | 972K | 556K | 471K | -173K | -127K | -1.22M | 253K | 152K | 151K | 171K | 44K | -8K | 173K |
| Pretax Income | -1.86M | 22.42M | 21.97M | 24.53M | 22.34M | 14.32M | 10.38M | 18.11M | 24.73M | 9.56M | 5.06M | 7.91M | 9.67M | 3.7M | 2.18M | 872K | -3.92M | -4.2M | -1.81M | 3.19M |
| Pretax Margin % | -0.99% | 10.5% | 11.04% | 13.28% | 13.78% | 8.63% | 7.16% | 12.29% | 16.71% | 7.04% | 4.58% | 7.43% | 8.12% | 3.36% | 2.36% | 1.05% | -5.08% | -5.42% | -2.81% | 5.28% |
| Income Tax | -337K | 6.1M | 5.55M | 7.89M | 5.44M | 3.74M | 2.94M | 1.77M | 5.7M | 2.35M | 533K | 1.23M | 2.52M | 1.83M | 1.47M | 680K | -2.38M | -543K | -486K | -695K |
| Effective Tax Rate % | 18.13% | 27.2% | 25.26% | 32.18% | 24.35% | 26.12% | 28.28% | 9.78% | 23.06% | 24.59% | 10.54% | 15.53% | 26.08% | 49.57% | 67.33% | 77.98% | 60.72% | 12.93% | 26.81% | -21.8% |
| Net Income | -1.52M | 16.32M | 16.42M | 16.64M | 16.9M | 10.58M | 7.45M | 16.34M | 19.02M | 7.21M | 4.52M | 6.68M | 7.15M | 1.86M | 723K | 199K | -1.54M | -3.65M | -1.32M | 3.91M |
| Net Margin % | -0.81% | 7.64% | 8.25% | 9% | 10.42% | 6.37% | 5.14% | 11.09% | 12.86% | 5.31% | 4.1% | 6.28% | 6% | 1.69% | 0.79% | 0.24% | -1.99% | -4.71% | -2.04% | 6.48% |
| Net Income Growth % | -109.01% | 54.29% | 120.51% | 1.83% | -11.15% | 46.74% | 64.63% | 144.49% | 166.06% | 286.6% | 525.59% | 3258.29% | 565.49% | 151.11% | 154.73% | -94.91% | -144% | -364.84% | -178.77% | -34.49% |
| Net Income (Continuing) | -1.52M | 16.32M | 16.42M | 16.64M | 16.9M | 10.58M | 7.45M | 16.34M | 19.02M | 7.21M | 4.52M | 6.68M | 7.15M | 1.86M | 711K | 192K | -1.54M | -3.65M | -1.33M | 3.88M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 119K | 126K | 290K | 297K | 303K |
| EPS (Diluted) | -0.03 | 0.35 | 0.36 | 0.36 | 0.37 | 0.23 | 0.16 | 0.36 | 0.43 | 0.17 | 0.10 | 0.15 | 0.16 | 0.04 | 0.02 | 0.00 | -0.04 | -0.09 | -0.03 | 0.09 |
| EPS Growth % | -109.22% | 52.17% | 125% | 0% | -13.95% | 35.29% | 60% | 140% | 168.75% | 325% | 400% | - | 500% | 144.44% | 166.67% | -94.78% | -150% | -350% | -175% | -40% |
| EPS (Basic) | -0.03 | 0.37 | 0.37 | 0.37 | 0.38 | 0.24 | 0.17 | 0.38 | 0.46 | 0.17 | 0.11 | 0.16 | 0.18 | 0.05 | 0.02 | 0.00 | -0.04 | -0.09 | -0.03 | 0.10 |
| Diluted Shares Outstanding | 44.59M | 46.02M | 46.21M | 45.8M | 45.8M | 45.65M | 45.46M | 45.25M | 43.85M | 43.36M | 43.14M | 43.29M | 43.4M | 43.39M | 42.88M | 42.69M | 40.53M | 40.03M | 40.2M | 43.38M |
| Basic Shares Outstanding | 44.59M | 44.59M | 44.72M | 44.59M | 44.25M | 43.84M | 43.25M | 42.5M | 41.79M | 41.62M | 41.38M | 40.95M | 40.76M | 40.74M | 40.7M | 40.63M | 40.53M | 40.03M | 40.2M | 40M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |