Vital Farms Inc

For the period ended Dec 29, 2024. Filed Feb 27, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 27, 2025

VITL$10.01-0.4%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

(Amounts in thousands, except share and per share data)

	Fiscal Year Ended
	December 29,2024	December 31,2023	December 25,2022
Net revenue	$606,307	$471,857	$362,050
Cost of goods sold	376,381	309,531	252,606
Gross profit	229,926	162,326	109,444
Operating expenses:
Selling, general and administrative	133,939	101,728	77,236
Shipping and distribution	32,435	27,344	30,104
Total operating expenses	166,374	129,072	107,340
Income from operations	63,552	33,254	2,104
Other income (expense), net:
Interest expense	(1,010)	(782)	(114)
Interest income	5,246	2,542	992
Other expense, net	(250)	(2,813)	(151)
Total other income (expense), net	3,986	(1,053)	727
Net income before income taxes	67,538	32,201	2,831
Income tax provision	14,150	6,635	1,601
Net income	53,388	25,566	1,230
Less: Net loss attributable to noncontrolling interests	—	—	(21)
Net income attributable to Vital Farms, Inc. common stockholders	$53,388	$25,566	$1,251
Net income per share attributable to Vital Farms, Inc. stockholders:
Basic:	$1.25	$0.62	$0.03
Diluted:	$1.18	$0.59	$0.03
Weighted average common shares outstanding:
Basic:	42,849,660	41,192,544	40,648,592
Diluted:	45,127,128	43,312,836	43,469,586

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.