VITL Q2 2023 Earnings — Vital Farms, Inc. Revenue & Financial Results | Market Cap Arena

VITLVital Farms, Inc.

$841M

Q2 2023 Earnings

Consumer Defensive Agricultural Farm Products

Income Statement

Revenue

$106M+28.4% YoY

Gross Profit

$38M35.5% margin

Operating Income

$8M7.6% margin

Net Income

$7M6.3% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

-10.7%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$11M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$236M

Total Liabilities

$60M

Stockholders' Equity

$176M

Cash & Equivalents

$48M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$106M	$83M	+28.4%
Gross Profit	$38M	$25M	+51.6%
Operating Income	$8M	$721,000	+1015.0%
Net Income	$7M	$199,000	+3258.3%

Revenue Segments

Egg And Egg Related

$102M96%

Butter And Butter Related Products

$5M4%