Filing Flows › Vital Farms (VITL) › Q2 2025
Vital Farms (VITL) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Vital Farms (VITL) reported revenue of $185M for the second quarter 2025 (Q2 2025), +25% from a year earlier and +14% from the quarter before. Operating margin was 12.9%, net earnings $16.6M (9.0% of revenue).
Vital Farms, Q2 2025: revenue $185M (+25% year over year), operating margin 12.9%, net earnings $16.6M, operating cash flow −$761K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $185M | +14% | +25% |
| Gross profit | $71.8M | +15% | +24% |
| Operating profit | $23.8M | +9% | +39% |
| Net earnings | $16.6M | -2% | +2% |
| Operating cash flow | −$761K | -114% | — |
What changed
Revenue was $184.8M in Q2 2025, up 25% year over year and up 14% from the previous quarter. Eggs and Egg Related Products was the largest line at 97% of revenue. Eggs and Egg Related Products added $35.5M year over year (up 25%), 95% of the total change.
Gross margin was 38.9%, down 0.3 points from a year earlier. Operating profit was $23.8M, a 12.9% margin (up 1.2 points year over year). Of the extra revenue versus a year earlier, 18% reached operating profit, above the 12% margin then. Operating expenses grew 18% against revenue growth of 25%. The fastest-growing cost line was Other operating costs (+25%). Net earnings were $16.6M, up 2% year over year. The effective tax rate was 32.2%.
Operating cash flow was −$761K. Non-cash charges added back $3.5M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $23.9M. Capital expenditures of $6.9M exceeded it, leaving free cash flow of −$7.6M.
Questions
What was Vital Farms' revenue in the second quarter 2025?
Vital Farms (VITL) reported revenue of $185M for the second quarter 2025 (Q2 2025), +25% from a year earlier and +14% from the quarter before.
Was Vital Farms profitable in the second quarter 2025?
Operating profit was $23.8M (12.9% of revenue) and net earnings $16.6M.
Source: Vital Farms 10-Q on SEC EDGAR.