Vital Farms, Inc.VITLEarnings & Financial Report
Vital Tomosi Dairy Limited is a dairy processing company in Uganda. The company is a joint venture between Vital Capital Fund, "an impact investing fund primarily focused on Sub-Saharan Africa", and "Tomosi Dairy Farms, a Ugandan producer of dairy products".
Revenue
$147.4M
Gross Profit
$57.7M
Operating Profit
$17.1M
Net Profit
$16.3M
Gross Margin
39.1%
Operating Margin
11.6%
Net Margin
11.1%
YoY Growth
38.5%
EPS
$0.36
Financial Flow
Vital Farms, Inc. Q2 2024 Financial Summary
Vital Farms, Inc. reported revenue of $147.4M (up 38.5% YoY) for Q2 2024, with a net profit of $16.3M (up 144.5% YoY) (11.1% margin). Cost of goods sold was $89.7M, operating expenses totaled $40.5M.
Key Financial Metrics
| Total Revenue | $147.4M |
|---|---|
| Net Profit | $16.3M |
| Gross Margin | 39.1% |
| Operating Margin | 11.6% |
| Report Period | Q2 2024 |
Revenue Breakdown
Vital Farms, Inc. Q2 2024 revenue of $147.4M breaks down across 2 segments, led by Eggs And Egg Related Products at $142.9M (97.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Eggs And Egg Related Products | $142.9M | 97.0% |
| Butter And Butter Related Products | $4.4M | 3.0% |
Vital Farms, Inc. Revenue by Segment — Quarterly Trend
Vital Farms, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Eggs And Egg Related Products and Butter And Butter Related Products) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Eggs And Egg Related Products | $205.8M | $192.6M | $178.4M | $156.3M |
| Butter And Butter Related Products | $7.7M | $6.3M | $6.3M | $5.9M |
Vital Farms, Inc. Annual Revenue by Year
Vital Farms, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $759.4M).
| Year | Annual Revenue |
|---|---|
| 2025 | $759.4M |
| 2024 | $606.3M |
| 2023 | $471.9M |
| 2022 | $362.1M |
Vital Farms, Inc. Quarterly Revenue & Net Profit History
Vital Farms, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $213.6M | +28.7% | $16.3M | 7.6% |
| Q3 2025 | $198.9M | +37.2% | $16.4M | 8.3% |
| Q2 2025 | $184.8M | +25.4% | $16.6M | 9.0% |
| Q1 2025 | $162.2M | +9.6% | $16.9M | 10.4% |
| Q4 2024 | $166.0M | +22.2% | $10.6M | 6.4% |
| Q3 2024 | $145.0M | +31.3% | $7.4M | 5.1% |
| Q2 2024 | $147.4M | +38.5% | $16.3M | 11.1% |
| Q1 2024 | $147.9M | +24.1% | $19.0M | 12.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $147.9M | $147.4M | $145.0M | $166.0M | $162.2M | $184.8M | $198.9M | $213.6M |
| YoY Growth | 24.1% | 38.5% | 31.3% | 22.2% | 9.6% | 25.4% | 37.2% | 28.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $300.2M | $320.5M | $344.7M | $359.3M | $376.9M | $430.8M | $481.5M | $518.7M |
| Liabilities | $86.9M | $82.1M | $91.3M | $90.0M | $88.0M | $121.0M | $150.3M | $167.5M |
| Equity | $213.3M | $238.4M | $253.4M | $269.3M | $288.9M | $309.8M | $331.2M | $351.3M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $23.9M | $16.1M | $10.0M | $14.8M | $5.3M | $-761000 | $23.4M | $5.8M |