Vital Farms
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Vital Farms's past years’ income statements indicate that its last revenue has increased compared to the previous period by 30% to $471,857,000. The net income raised on $25,566,000 and profit margin reached 5%. Total operating expenses were $129,072,000.
Profit Margin
| 2017 | 74M | -1.92M | -2.59% |
|---|---|---|---|
| 2018 | 106.71M | 5.79M | 5.43% |
| 2019 | 140.73M | 3.31M | 2.35% |
| 2020 | 214.28M | 8.8M | 4.11% |
| 2021 | 260.90M | 2.42M | 0.93% |
| 2022 | 362.05M | 1.25M | 0.35% |
| 2023 | 471.85M | 25.56M | 5.42% |
VITL Income Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Revenue | |||||||
Revenue | 471.85M | 362.05M | 260.90M | 214.28M | 140.73M | 106.71M | 74M |
Cost of revenue | 309.53M | 252.60M | 178.00M | 139.75M | 97.85M | 71.89M | 55.61M |
Gross profit | 162.32M | 109.44M | 82.89M | 74.52M | 42.87M | 34.81M | 18.38M |
Operating exp. | |||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 30.10M | 24.97M | 14.90M | 10.00M | 8.61M | 5.72M |
Total operating expenses | 129.07M | 107.34M | 82.84M | 62.3M | 39.52M | 28.05M | 19.98M |
Operating income | 33.25M | 2.94M | 406K | 12.22M | 4.76M | 6.76M | -1.59M |
Other income (expenses), net | -1.05M | -114K | -52K | -574K | -349K | 9K | 9K |
Income before tax | 32.20M | 2.83M | 354K | 11.65M | 4.41M | 6.35M | -2.11M |
Income tax expense | 6.63M | 1.60M | -2.02M | 2.77M | 1.10M | 723K | 33K |
Net income | 25.56M | 1.25M | 2.42M | 8.8M | 3.31M | 5.79M | -1.92M |
Earnings per share | |||||||
Basic EPS | 0.62 | 0.03 | 0.06 | 0.31 | 0.09 | 0.17 | -0.05 |
Diluted EPS | 0.59 | 0.02 | 0.06 | 0.27 | 0.08 | 0.16 | -0.05 |
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