VITLVital Farms, Inc.

$841M

Q1 2024 Earnings

Consumer Defensive Agricultural Farm Products

Income Statement

Revenue

$148M+24.1% YoY

Gross Profit

$59M39.8% margin

Operating Income

$24M16.3% margin

Net Income

$19M12.9% margin

EPS (Diluted)

$0.43

QoQ Revenue Growth

+8.9%

Cash Flow

Operating Cash Flow

$24M

Free Cash Flow

$23M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$300M

Total Liabilities

$87M

Stockholders' Equity

$213M

Cash & Equivalents

$114M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$148M	$119M	+24.1%
Gross Profit	$59M	$43M	+38.0%
Operating Income	$24M	$11M	+121.8%
Net Income	$19M	$7M	+166.1%

Revenue Segments

Eggs And Egg Related Products

$144M97%

Butter And Butter Related Products

$4M3%

VITL Q1 2024 Earnings — Vital Farms, Inc. Revenue & Financial Results | Market Cap Arena