VITL · Vital Farms, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $187.16M | - | $198.94M | $184.77M | $162.19M | - | $145.00M | $147.39M | $147.93M | - |
| Cost of Revenue | $134.15M | - | $123.97M | $112.98M | $99.68M | - | $91.53M | $89.71M | $89.03M | - |
| Gross Profit | $53.01M | - | $74.96M | $71.78M | $62.51M | - | $53.48M | $57.68M | $58.90M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $44.36M | - | $44.39M | $38.99M | $31.91M | - | $36.10M | $33.34M | $27.13M | - |
| Total Operating Expenses | $55.34M | - | $53.56M | $47.99M | $40.74M | - | $44.24M | $40.54M | $34.73M | - |
| D&A | $2.60M | - | $2.04M | $2.40M | $2.22M | - | $2.33M | $2.35M | $2.30M | - |
| Operating Income | ($2.33M) | - | $21.40M | $23.80M | $21.77M | - | $9.24M | $17.14M | $24.17M | - |
| Interest Expense | $190.0K | - | $213.0K | $257.0K | $234.0K | - | $238.0K | $257.0K | $255.0K | - |
| Income Tax | ($337.0K) | - | $5.55M | $7.89M | $5.44M | - | $2.94M | $1.77M | $5.70M | - |
| Net Income | ($1.52M) | - | $16.42M | $16.64M | $16.90M | - | $7.45M | $16.34M | $19.02M | - |
| EPS - Basic | ($0.03) | - | $0.37 | $0.37 | $0.38 | - | $0.17 | $0.38 | $0.46 | - |
| EPS - Diluted | ($0.03) | - | $0.36 | $0.36 | $0.37 | - | $0.16 | $0.36 | $0.43 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $36.63M | $48.83M | $93.80M | $108.22M | $156.31M | $150.60M | $149.53M | $133.17M | $113.82M | $84.15M |
| Accounts Receivable | $51.43M | $67.85M | $58.25M | $68.41M | $51.88M | $54.34M | $47.75M | $42.86M | $43.64M | $39.70M |
| Inventory | $90.22M | $66.50M | $51.81M | $42.71M | $34.52M | $23.67M | $33.39M | $31.45M | $30.81M | $32.90M |
| Accounts Payable | $54.59M | $55.14M | $35.44M | $66.35M | $38.76M | $38.58M | $35.88M | $33.36M | $33.12M | $33.48M |
| Current Assets | $209.18M | $262.55M | $271.97M | $275.21M | $259.83M | $246.04M | $251.59M | $234.21M | $218.17M | $195.52M |
| Total Assets | $492.64M | $518.74M | $481.50M | $430.75M | $376.89M | $359.33M | $344.67M | $320.49M | $300.16M | $275.18M |
| Current Liabilities | $118.42M | $121.58M | $102.59M | $110.85M | $77.51M | $78.53M | $77.75M | $66.99M | $70.37M | $65.22M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $161.74M | $167.48M | $150.29M | $120.97M | $87.98M | $90.03M | $91.31M | $82.07M | $86.85M | $82.50M |
| Stockholders' Equity | $330.91M | $351.26M | $331.22M | $309.78M | $288.90M | $269.30M | $253.36M | $238.42M | $213.30M | $192.68M |
| Retained Earnings | $147.87M | $149.40M | $133.07M | $116.65M | $100.01M | $83.11M | $72.53M | $65.09M | $48.75M | $29.73M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($18.55M) | - | - | - | $5.27M | - | - | - | $23.95M | - |
| Investing Cash Flow | $29.28M | - | - | - | $1.60M | - | - | - | $7.03M | - |
| Financing Cash Flow | ($22.93M) | - | - | - | ($1.17M) | - | - | - | ($1.30M) | - |
| CapEx | $20.76M | - | - | - | $3.13M | - | - | - | $1.32M | - |
| Free Cash Flow | ($39.31M) | - | - | - | $2.15M | - | - | - | $22.63M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 28.3% | - | 37.7% | 38.9% | 38.5% | - | 36.9% | 39.1% | 39.8% | - |
| Operating margin | -1.2% | - | 10.8% | 12.9% | 13.4% | - | 6.4% | 11.6% | 16.3% | - |
| EBITDA margin | 0.1% | - | 11.8% | 14.2% | 14.8% | - | 8.0% | 13.2% | 17.9% | - |
| Net margin | -0.8% | - | 8.3% | 9.0% | 10.4% | - | 5.1% | 11.1% | 12.9% | - |
| Free cash flow margin | -21.0% | - | - | - | 1.3% | - | - | - | 15.3% | - |
| FCF / Net income | 25.83 | - | - | - | 0.13 | - | - | - | 1.19 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 23.7% | - | 22.3% | 21.1% | 19.7% | - | 24.9% | 22.6% | 18.3% | - |
| Effective tax rate | - | - | 25.3% | 32.2% | 24.4% | - | 28.3% | 9.8% | 23.1% | - |
| Return on assets | -0.3% | - | 3.4% | 3.9% | 4.5% | - | 2.2% | 5.1% | 6.3% | - |
| Return on equity | -0.5% | - | 5.0% | 5.4% | 5.9% | - | 2.9% | 6.9% | 8.9% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.77 | 2.16 | 2.65 | 2.48 | 3.35 | 3.13 | 3.24 | 3.50 | 3.10 | 3.00 |
| Quick ratio | 1.00 | 1.61 | 2.15 | 2.10 | 2.91 | 2.83 | 2.81 | 3.03 | 2.66 | 2.49 |
| Cash ratio | 0.31 | 0.40 | 0.91 | 0.98 | 2.02 | 1.92 | 1.92 | 1.99 | 1.62 | 1.29 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -12.3x | - | 100.5x | 92.6x | 93.0x | - | 38.8x | 66.7x | 94.8x | - |
| Equity multiplier | 1.49 | 1.48 | 1.45 | 1.39 | 1.30 | 1.33 | 1.36 | 1.34 | 1.41 | 1.43 |
| Liabilities / Assets | 0.33 | 0.32 | 0.31 | 0.28 | 0.23 | 0.25 | 0.26 | 0.26 | 0.29 | 0.30 |
| Efficiency | ||||||||||
| Asset turnover | 0.38 | - | 0.41 | 0.43 | 0.43 | - | 0.42 | 0.46 | 0.49 | - |
| Inventory turnover | 1.49 | - | 2.39 | 2.65 | 2.89 | - | 2.74 | 2.85 | 2.89 | - |
| Days sales outstanding | 100d | - | 107d | 135d | 117d | - | 120d | 106d | 108d | - |
| Days inventory outstanding | 245d | - | 153d | 138d | 126d | - | 133d | 128d | 126d | - |
| Days payable outstanding | 149d | - | 104d | 214d | 142d | - | 143d | 136d | 136d | - |
| Cash conversion cycle | 197d | - | 155d | 59d | 101d | - | 110d | 98d | 98d | - |
| Valuation | ||||||||||
| P / E | - | - | 117.5x | 107.9x | 80.3x | - | 219.6x | 129.9x | 54.1x | - |
| P / B | 1.8x | - | 5.9x | 5.7x | 4.7x | - | 6.3x | 8.9x | 4.8x | - |
| P / S | 3.1x | - | 9.8x | 9.6x | 8.4x | - | 11.0x | 14.4x | 6.9x | - |
| EV / EBITDA | 2049.5x | - | 79.4x | 63.8x | 50.2x | - | 125.1x | 101.8x | 34.2x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 15.4% | - | 37.2% | 25.4% | 9.6% | - | 31.3% | 38.5% | 24.1% | - |
| Revenue CAGR (3y) | 16.2% | - | 29.3% | 30.6% | 28.2% | - | 30.9% | 34.7% | 36.2% | - |
| Revenue CAGR (5y) | 26.2% | - | 30.1% | 41.8% | - | - | - | - | - | - |
| Gross profit growth (YoY) | -15.2% | - | 40.2% | 24.5% | 6.1% | - | 45.9% | 52.6% | 38.0% | - |
| Operating income growth (YoY) | - | - | 131.6% | 38.8% | -9.9% | - | 76.7% | 113.2% | 121.8% | - |
| Net income growth (YoY) | - | - | 120.5% | 1.8% | -11.2% | - | 64.6% | 144.5% | 166.1% | - |
| EPS growth (YoY) | - | - | 125.0% | 0.0% | -14.0% | - | 60.0% | 140.0% | 168.8% | - |
| EPS CAGR (3y) | - | - | 162.1% | - | - | - | - | 58.7% | 75.2% | - |
| EPS CAGR (5y) | - | - | 55.2% | 35.1% | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | -90.5% | - | - | - | 528.3% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 14.5% | 30.4% | 30.7% | 29.9% | 35.4% | 39.8% | 38.5% | 42.3% | 27.3% | 21.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-28.
Business segments
$759.44M totalEggs And Butter Segment$759.44M · 100.0%
Product / service
$759.44M totalEggs And Egg Related Products$733.18M · 96.5%
Butter And Butter Related Products$26.27M · 3.5%
Peer comparison
Same SIC group: Food and Kindred Products
Comparing Vital Farms against the 5 most active filers in the same SIC group.