
Vital Farms Inc
NASDAQ:VITL

Income Statement
Earnings Waterfall
Vital Farms Inc
Revenue
|
606.3m
USD
|
Cost of Revenue
|
-376.4m
USD
|
Gross Profit
|
229.9m
USD
|
Operating Expenses
|
-166.4m
USD
|
Operating Income
|
63.6m
USD
|
Other Expenses
|
-10.2m
USD
|
Net Income
|
53.4m
USD
|
Income Statement
Vital Farms Inc
Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||
Revenue |
115
N/A
|
124
+8%
|
131
+6%
|
141
+7%
|
155
+10%
|
182
+17%
|
202
+11%
|
214
+6%
|
225
+5%
|
226
+0%
|
237
+5%
|
261
+10%
|
279
+7%
|
302
+8%
|
329
+9%
|
362
+10%
|
404
+12%
|
428
+6%
|
446
+4%
|
472
+6%
|
501
+6%
|
542
+8%
|
576
+6%
|
606
+5%
|
|
Gross Profit | |||||||||||||||||||||||||
Cost of Revenue |
(77)
|
(82)
|
(88)
|
(98)
|
(108)
|
(123)
|
(135)
|
(140)
|
(145)
|
(147)
|
(157)
|
(178)
|
(195)
|
(215)
|
(233)
|
(252)
|
(274)
|
(284)
|
(296)
|
(309)
|
(322)
|
(343)
|
(361)
|
(376)
|
|
Gross Profit |
38
N/A
|
42
+9%
|
44
+4%
|
43
-1%
|
47
+10%
|
59
+25%
|
67
+13%
|
75
+12%
|
80
+7%
|
79
-1%
|
81
+2%
|
83
+3%
|
84
+1%
|
87
+4%
|
97
+11%
|
110
+14%
|
131
+18%
|
143
+10%
|
151
+5%
|
162
+8%
|
179
+10%
|
198
+11%
|
215
+8%
|
230
+7%
|
|
Operating Income | |||||||||||||||||||||||||
Operating Expenses |
(29)
|
(31)
|
(33)
|
(40)
|
(45)
|
(52)
|
(59)
|
(62)
|
(68)
|
(73)
|
(79)
|
(83)
|
(89)
|
(96)
|
(102)
|
(106)
|
(113)
|
(119)
|
(123)
|
(129)
|
(132)
|
(143)
|
(156)
|
(166)
|
|
Selling, General & Administrative |
(29)
|
(31)
|
(33)
|
(40)
|
(45)
|
(52)
|
(58)
|
(62)
|
(68)
|
(73)
|
(79)
|
(83)
|
(89)
|
(94)
|
(100)
|
(106)
|
(113)
|
(119)
|
(123)
|
(129)
|
(132)
|
(143)
|
(156)
|
(166)
|
|
Operating Income |
10
N/A
|
11
+14%
|
11
-5%
|
3
-68%
|
2
-41%
|
7
+260%
|
8
+17%
|
12
+45%
|
12
+2%
|
6
-49%
|
2
-67%
|
0
-95%
|
(5)
N/A
|
(9)
-88%
|
(6)
+40%
|
4
N/A
|
17
+307%
|
24
+42%
|
28
+13%
|
33
+21%
|
46
+39%
|
56
+20%
|
60
+7%
|
64
+7%
|
|
Pre-Tax Income | |||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
1
|
1
|
1
|
2
|
2
|
2
|
3
|
4
|
4
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
(2)
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
1
|
1
|
1
|
1
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
(0)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
(0)
|
|
Pre-Tax Income |
11
N/A
|
12
+14%
|
11
-5%
|
4
-61%
|
2
-61%
|
7
+288%
|
8
+18%
|
12
+50%
|
12
+3%
|
7
-46%
|
2
-63%
|
0
-83%
|
(7)
N/A
|
(9)
-34%
|
(5)
+44%
|
3
N/A
|
17
+489%
|
24
+42%
|
26
+12%
|
32
+22%
|
47
+47%
|
57
+22%
|
63
+9%
|
68
+8%
|
|
Net Income | |||||||||||||||||||||||||
Tax Provision |
(2)
|
(3)
|
(3)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(2)
|
2
|
3
|
2
|
4
|
3
|
1
|
(2)
|
(7)
|
(7)
|
(6)
|
(7)
|
(10)
|
(10)
|
(13)
|
(14)
|
|
Income from Continuing Operations |
8
|
9
|
9
|
3
|
1
|
4
|
5
|
9
|
11
|
9
|
6
|
2
|
(3)
|
(6)
|
(4)
|
1
|
10
|
17
|
20
|
26
|
37
|
47
|
50
|
53
|
|
Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
8
N/A
|
8
+8%
|
8
-6%
|
2
-69%
|
1
-50%
|
4
+267%
|
5
+20%
|
9
+66%
|
10
+18%
|
8
-20%
|
5
-36%
|
2
-55%
|
(3)
N/A
|
(6)
-148%
|
(4)
+32%
|
1
N/A
|
10
+669%
|
17
+65%
|
20
+23%
|
26
+26%
|
37
+46%
|
47
+26%
|
50
+6%
|
53
+7%
|
|
EPS (Diluted) |
0.2
N/A
|
0.26
+30%
|
0.19
-27%
|
0.06
-68%
|
0.05
-17%
|
0.11
+120%
|
0.13
+18%
|
0.27
+108%
|
0.24
-11%
|
0.18
-25%
|
0.13
-28%
|
0.06
-54%
|
-0.07
N/A
|
-0.16
-129%
|
-0.11
+31%
|
0.03
N/A
|
0.22
+633%
|
0.37
+68%
|
0.47
+27%
|
0.59
+26%
|
0.85
+44%
|
1.04
+22%
|
1.1
+6%
|
1.18
+7%
|