VITL Q1 2023 Earnings — Vital Farms, Inc. Revenue & Financial Results | Market Cap Arena

VITLVital Farms, Inc.

$841M

Q1 2023 Earnings

Consumer Defensive Agricultural Farm Products

Income Statement

Revenue

$119M+54.7% YoY

Gross Profit

$43M35.8% margin

Operating Income

$11M9.1% margin

Net Income

$7M6.0% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

+8.3%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$4M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$227M

Total Liabilities

$59M

Stockholders' Equity

$168M

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$119M	$77M	+54.7%
Gross Profit	$43M	$22M	+96.6%
Operating Income	$11M	-$4M	+366.7%
Net Income	$7M	-$2M	+565.5%

Revenue Segments

Egg And Egg Related

$113M95%

Butter And Butter Related Products

$6M5%