Vital Farms Inc
NASDAQ:VITL

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Vital Farms Inc Logo
Vital Farms Inc
NASDAQ:VITL
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Price: 30.44 USD -1.9% Market Closed
Market Cap: 1.3B USD
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Income Statement

Earnings Waterfall
Vital Farms Inc

Revenue
576.1m USD
Cost of Revenue
-360.9m USD
Gross Profit
215.2m USD
Operating Expenses
-155.6m USD
Operating Income
59.6m USD
Other Expenses
-9.6m USD
Net Income
50m USD

Income Statement
Vital Farms Inc

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Income Statement
Currency: USD
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
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%
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)
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%
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)
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)
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%
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
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
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)
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%
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)
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
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
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%
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%

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