Business
Vital Farms Reports Third Quarter 2025 Financial Results
Third Quarter Net Revenue was a record $198.9 Million, Up 37.2% Versus Prior Year Period Raising Fiscal Year 2025 Net Revenue Outlook to At Least $775
About this update from Vital Farms, Inc.
[{"type":"text","content":"\nThird Quarter Net Revenue was a record $198.9 Million, Up 37.2% Versus Prior Year Period\nRaising Fiscal Year 2025 Net Revenue Outlook to At Least $775 Million, a 28% Increase from 2024, and Increasing Adjusted EBITDA Guidance to At Least $115 Million\nAdded ~75 Family Farms During the Quarter – Network Now 575 Family Farms\nRemains On Track to Reach $1 Billion Net Revenue Target by 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 third quarter ended September 28, 2025.\n\n\nFinancial highlights for the third quarter ended September 28, 2025, compared to the third quarter ended September 29, 2024, include:\n\n\n\nNet Revenue increased 37.2% to $198.9 million, compared to $145.0 million\n\n\n\nGross Margin of 37.7%, compared to 36.9%\n\n\n\nNet Income of $16.4 million, compared to $7.4 million\n\n\n\nNet Income per Diluted Share of $0.36, compared to $0.16\n\n\n\nAdjusted EBITDA of $27.4 million, compared to $15.2 million1\n\n\n\n\"Our third quarter results demonstrate the power of disciplined execution across our business,” said Russell Diez-Canseco, Vital Farms’ President and Chief Executive Officer. “This values-aligned approach is fueling strong growth as we build momentum heading into Q4 and lay the foundation for long-term success in 2026 and beyond.\n\n\n“We delivered on the supply expansion plans we laid out last year, rebuilt inventory to healthy levels and drove another quarter of sequential volume growth acceleration.\n\n\n“We also achieved several critical milestones that enhance our ability to scale efficiently: the go-live of our new ERP system, the addition of a third production line at Egg Central Station in Springfield and the expansion of our family farm network to 575 farms.\n\n\n“We believe we remain structurally advantaged with significant long-term tailwinds. Every investment we make and every partnership we forge is aligned with our mission to become America’s most trusted food company — and the progress we’ve made to date in 2025 represents a meaningful step toward that goal.”\n\n\n1Adjusted EBITDA is a non-GAAP financial measure defined in the section titled “Non-GAAP Financial Measures” below and is reconciled to net income, its closest comparable GAAP m...