Vital Farms, Inc.
For the period ended Dec 28, 2025. Filed Feb 26, 2026.
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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.
FY2025 · Filed Feb 26, 2026
VITL$10.01-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
(Amounts in thousands, except share and per share data)
| Fiscal Year Ended | |||
|---|---|---|---|
| December 28,2025 | December 29,2024 | December 31,2023 | |
| Net revenue | $759,444 | $606,307 | $471,857 |
| Cost of goods sold | 473,762 | 376,381 | 309,531 |
| Gross profit | 285,682 | 229,926 | 162,326 |
| Operating expenses: | |||
| Selling, general and administrative | 159,426 | 133,939 | 101,728 |
| Shipping and distribution | 37,883 | 32,435 | 27,344 |
| Total operating expenses | 197,309 | 166,374 | 129,072 |
| Income from operations | 88,373 | 63,552 | 33,254 |
| Other income (expense), net: | |||
| Interest expense | (874) | (1,010) | (782) |
| Interest income | 5,013 | 5,246 | 2,542 |
| Other expense, net | (1,248) | (250) | (2,813) |
| Total other income (expense), net | 2,891 | 3,986 | (1,053) |
| Net income before income taxes | 91,264 | 67,538 | 32,201 |
| Income tax provision | 24,982 | 14,150 | 6,635 |
| Net income | $66,282 | $53,388 | $25,566 |
| Net income per share: | |||
| Basic: | $1.49 | $1.25 | $0.62 |
| Diluted: | $1.44 | $1.18 | $0.59 |
| Weighted average common shares outstanding: | |||
| Basic: | 44,587,030 | 42,849,660 | 41,192,544 |
| Diluted: | 46,019,607 | 45,127,128 | 43,312,836 |
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