MARKETS / NASDAQ / VITL

NASDAQ · FOOD AND KINDRED PRODUCTS · LARGE CAP

Vital Farms, Inc. VITL

8 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$759.4M

▲ 25.3% YoY

Net income

$66.3M

▲ 24.2% YoY

Free cash flow

$-48.2M

▼ 233.3% YoY

In brief

What this company does

Vital Farms, Inc. produces products sourced from animals raised on family farms, including shell eggs, butter, hard-boiled eggs, and liquid whole eggs. In 2017, it opened Egg Central Station, a shell egg processing facility in Springfield, Missouri. Egg Central Station is capable of packing more than 7.5 million eggs per day. As of December 2025, it offered 23 retail SKUs through a multi-channel retail distribution network across more than 24,000 stores. As of December 28, 2025, it had approximately 739 full-time crew members, including 507 in operations, 76 in sales and marketing, 39 in finance, and 119 in general and administrative functions. It was founded in 2007, originally incorporated in Texas in July 2009, reincorporated in Delaware in June 2013, and converted into a public benefit corporation in Delaware in October 2017.

Written from the business description in Vital Farms, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth

USD 759.4M

Revenue, FY2025 · full 8-year series below

Revenue $M Net income $M

FY2025 · Revenue 759.4 · Net income 66.3

Compound annual growth

Revenue

+28.0%

+28.8%

Net income

+275.6%

+49.8%

EPS, diluted

+263.4%

+39.8%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +28.8% a year over five years — but profit grew faster: net income at +49.8%, earnings per share at +39.8%.

The share count rose from 0.04B to 0.04B over the period.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

9 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 11.6% · Net 8.7%

ROE

FY2025 · ROE 21.4%

Gross margin37.6%

Operating margin11.6%

Net margin8.7%

Return on assets15.1%

EBITDAUSD 97.6M

Each USD of equity produced 21 cents of profit this year.

Cash & shareholders

—

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF -48.2

Net buybacks $M Dividends $M

FY2019 · Dividends — · Net buybacks 14.1

Total assetsUSD 518.7M

EquityUSD 351.3M

CashUSD 48.8M

Current ratio2.16×

Equity funds 68% of total assets.

The 8-year record

8 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018
Revenue $B	0.8	0.6	0.5	0.4	0.3	0.2	0.1	0.1
Operating income $B	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0
EBITDA $B	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0
Income tax $B	0.0	0.0	0.0	0.0	−0.0	0.0	0.0	0.0
Net income $B	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0
Free cash flow $B	−0.0	0.0	0.0	−0.0	0.0	0.0	−0.0	0.0
EPS, diluted $	1.44	1.18	0.59	0.03	0.06	0.27	0.07	0.16
Dividend / sh $	·	·	·	·	·	·	·	·
Payout %	·	·	·	·	·	·	·	·
ROE %	21.4	23.1	14.6	0.8	1.7	11.7	27.9	·
Shares out B	0.04	0.04	0.04	0.04	0.04	0.04	0.03	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 38 reconciliationsAUDITED

Reconciled in 8 of 19 fiscal years. 57 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityFood and Kindred Products

Listed onNASDAQ

Incorporated inDelaware

Fiscal year endsDecember 27

Data on record since2018