Business
Vital Farms Reports Second Quarter 2025 Financial Results
Second Quarter Net Revenue of $184.8 Million, Up 25.4% Versus Prior Year Period Raises Fiscal Year 2025 Net Revenue Outlook to At Least $770 Million, 27%
About this update from Vital Farms, Inc.
[{"type":"text","content":"\nSecond Quarter Net Revenue of $184.8 Million, Up 25.4% Versus Prior Year Period\n\n\nRaises Fiscal Year 2025 Net Revenue Outlook to At Least $770 Million, 27% Increase from 2024 Results, Reflecting Strong Consumer Demand and Successful Strategic Pricing Actions; Increases Adjusted EBITDA Guidance to At Least $110 Million\n\n\nOn Track to Reach $1 Billion Net Revenue Target in 2027\n\n\n AUSTIN, Texas--(BUSINESS WIRE)--\nVital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today reported financial results for its second quarter ended June 29, 2025.\n\n\nFinancial highlights for the second quarter ended June 29, 2025, compared to the second quarter ended June 30, 2024, include:\n\n\n\nNet Revenue increased 25.4% to $184.8 million, compared to $147.4 million\n\n\n\nGross Margin of 38.9%, compared to 39.1%\n\n\n\nNet Income of $16.6 million, compared to $16.3 million\n\n\n\nNet Income per Diluted Share of $0.36, compared to $0.36\n\n\n\nAdjusted EBITDA of $29.9 million, compared to $23.3 million1\n\n\n\n\"We delivered second quarter results that exceeded our initial expectations, demonstrating the overall strength of our business model and expanding year-over-year consumer awareness of our strong brand,\" said Russell Diez-Canseco, Vital Farms' President and Chief Executive Officer. \"Our crew continues to successfully execute our supply chain expansion strategy, hitting several critical milestones since our last earnings call. These include an increase of 50 farms in the quarter to more 500 family farms with 9 million hens under contract, redesigning and breaking ground on our Seymour facility to bring additional production capacity online in 2027, continuing the installation of a third production line in Springfield for scheduled completion in the fourth quarter this year, and placing birds on our first accelerator farm. These critical initiatives, combined with the successful implementation of our strategic pricing actions and our continued strong brand loyalty, have enabled us to raise our full-year revenue guidance. As we continue to build America's most trusted food company, our commitment to ethical food production and sustainable growth remains unwavering, and we believe we're well-positioned to achieve our $1 billion revenue target by 2027.\"\n\n\n1Adjusted EBIT...