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Side-by-side financial comparison of Vital Farms, Inc. (VITL) and Wingstop Inc. (WING). Click either name above to swap in a different company.

Vital Farms, Inc. is the larger business by last-quarter revenue ($213.6M vs $183.7M, roughly 1.2× Wingstop Inc.). Wingstop Inc. runs the higher net margin — 16.3% vs 7.6%, a 8.6% gap on every dollar of revenue. On growth, Vital Farms, Inc. posted the faster year-over-year revenue change (28.7% vs 7.4%). Over the past eight quarters, Vital Farms, Inc.'s revenue compounded faster (20.2% CAGR vs 8.6%).

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".

Wingstop Inc. is an American international fast food chain that primarily sells buffalo wings. Wingstop locations are decorated with a 1930s and 1940s pre-jet aviation theme.

VITL vs WING — Head-to-Head

Bigger by revenue
VITL
VITL
1.2× larger
VITL
$213.6M
$183.7M
WING
Growing faster (revenue YoY)
VITL
VITL
+21.3% gap
VITL
28.7%
7.4%
WING
Higher net margin
WING
WING
8.6% more per $
WING
16.3%
7.6%
VITL
Faster 2-yr revenue CAGR
VITL
VITL
Annualised
VITL
20.2%
8.6%
WING

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
VITL
VITL
WING
WING
Revenue
$213.6M
$183.7M
Net Profit
$16.3M
$29.9M
Gross Margin
35.8%
86.5%
Operating Margin
10.0%
27.4%
Net Margin
7.6%
16.3%
Revenue YoY
28.7%
7.4%
Net Profit YoY
54.3%
EPS (diluted)
$0.35
$1.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
VITL
VITL
WING
WING
Q1 26
$183.7M
Q4 25
$213.6M
$175.7M
Q3 25
$198.9M
$175.7M
Q2 25
$184.8M
$174.3M
Q1 25
$162.2M
$171.1M
Q4 24
$166.0M
$161.8M
Q3 24
$145.0M
$162.5M
Q2 24
$147.4M
$155.7M
Net Profit
VITL
VITL
WING
WING
Q1 26
$29.9M
Q4 25
$16.3M
$26.8M
Q3 25
$16.4M
$28.5M
Q2 25
$16.6M
$26.8M
Q1 25
$16.9M
$92.3M
Q4 24
$10.6M
$26.8M
Q3 24
$7.4M
$25.7M
Q2 24
$16.3M
$27.5M
Gross Margin
VITL
VITL
WING
WING
Q1 26
86.5%
Q4 25
35.8%
Q3 25
37.7%
Q2 25
38.9%
Q1 25
38.5%
Q4 24
36.1%
85.6%
Q3 24
36.9%
85.0%
Q2 24
39.1%
85.4%
Operating Margin
VITL
VITL
WING
WING
Q1 26
27.4%
Q4 25
10.0%
26.7%
Q3 25
10.8%
27.9%
Q2 25
12.9%
25.9%
Q1 25
13.4%
22.4%
Q4 24
7.8%
25.9%
Q3 24
6.4%
24.5%
Q2 24
11.6%
26.5%
Net Margin
VITL
VITL
WING
WING
Q1 26
16.3%
Q4 25
7.6%
15.2%
Q3 25
8.3%
16.2%
Q2 25
9.0%
15.4%
Q1 25
10.4%
53.9%
Q4 24
6.4%
16.5%
Q3 24
5.1%
15.8%
Q2 24
11.1%
17.7%
EPS (diluted)
VITL
VITL
WING
WING
Q1 26
$1.08
Q4 25
$0.35
$0.99
Q3 25
$0.36
$1.02
Q2 25
$0.36
$0.96
Q1 25
$0.37
$3.24
Q4 24
$0.23
$0.91
Q3 24
$0.16
$0.88
Q2 24
$0.36
$0.93

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
VITL
VITL
WING
WING
Cash + ST InvestmentsLiquidity on hand
$48.8M
$128.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$351.3M
Total Assets
$518.7M
$648.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
VITL
VITL
WING
WING
Q1 26
$128.8M
Q4 25
$48.8M
$196.6M
Q3 25
$93.8M
$237.6M
Q2 25
$108.2M
$227.9M
Q1 25
$156.3M
$251.4M
Q4 24
$150.6M
$315.9M
Q3 24
$149.5M
$84.0M
Q2 24
$133.2M
$96.7M
Total Debt
VITL
VITL
WING
WING
Q1 26
Q4 25
$1.2B
Q3 25
Q2 25
Q1 25
Q4 24
$1.2B
Q3 24
Q2 24
Stockholders' Equity
VITL
VITL
WING
WING
Q1 26
Q4 25
$351.3M
$-736.8M
Q3 25
$331.2M
$-702.6M
Q2 25
$309.8M
$-686.0M
Q1 25
$288.9M
$-715.0M
Q4 24
$269.3M
$-675.6M
Q3 24
$253.4M
$-447.5M
Q2 24
$238.4M
$-437.5M
Total Assets
VITL
VITL
WING
WING
Q1 26
$648.9M
Q4 25
$518.7M
$693.4M
Q3 25
$481.5M
$721.0M
Q2 25
$430.8M
$708.3M
Q1 25
$376.9M
$696.8M
Q4 24
$359.3M
$716.2M
Q3 24
$344.7M
$484.8M
Q2 24
$320.5M
$451.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
VITL
VITL
WING
WING
Operating Cash FlowLast quarter
$5.8M
Free Cash FlowOCF − Capex
$-32.1M
FCF MarginFCF / Revenue
-15.1%
Capex IntensityCapex / Revenue
17.8%
Cash ConversionOCF / Net Profit
0.35×
TTM Free Cash FlowTrailing 4 quarters
$-48.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
VITL
VITL
WING
WING
Q1 26
Q4 25
$5.8M
$57.3M
Q3 25
$23.4M
$63.9M
Q2 25
$-761.0K
$6.6M
Q1 25
$5.3M
$25.3M
Q4 24
$14.8M
$7.7M
Q3 24
$10.0M
$69.0M
Q2 24
$16.1M
$36.2M
Free Cash Flow
VITL
VITL
WING
WING
Q1 26
Q4 25
$-32.1M
$34.5M
Q3 25
$-10.6M
$61.7M
Q2 25
$-7.6M
$-7.8M
Q1 25
$2.1M
$17.3M
Q4 24
$-3.4M
$-8.6M
Q3 24
$6.4M
$54.9M
Q2 24
$10.5M
$25.9M
FCF Margin
VITL
VITL
WING
WING
Q1 26
Q4 25
-15.1%
19.6%
Q3 25
-5.3%
35.1%
Q2 25
-4.1%
-4.5%
Q1 25
1.3%
10.1%
Q4 24
-2.0%
-5.3%
Q3 24
4.4%
33.8%
Q2 24
7.2%
16.6%
Capex Intensity
VITL
VITL
WING
WING
Q1 26
Q4 25
17.8%
13.0%
Q3 25
17.1%
1.3%
Q2 25
3.7%
8.2%
Q1 25
1.9%
4.7%
Q4 24
10.9%
10.1%
Q3 24
2.5%
8.7%
Q2 24
3.8%
6.6%
Cash Conversion
VITL
VITL
WING
WING
Q1 26
Q4 25
0.35×
2.14×
Q3 25
1.43×
2.24×
Q2 25
-0.05×
0.25×
Q1 25
0.31×
0.27×
Q4 24
1.40×
0.29×
Q3 24
1.34×
2.68×
Q2 24
0.99×
1.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

VITL
VITL

Eggs And Egg Related Products$205.8M96%
Butter And Butter Related Products$7.7M4%

WING
WING

Royalty revenue, franchise fees and other$87.5M48%
Advertising fees$63.3M34%
Company-owned restaurant sales$33.0M18%

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