Filing Flows › Vital Farms (VITL) › Q3 2025
Vital Farms (VITL) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 4, 2025
Vital Farms (VITL) reported revenue of $199M for the third quarter 2025 (Q3 2025), +37% from a year earlier and +8% from the quarter before. Operating margin was 10.8%, net earnings $16.4M (8.3% of revenue).
Vital Farms, Q3 2025: revenue $199M (+37% year over year), operating margin 10.8%, net earnings $16.4M, operating cash flow $23.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $199M | +8% | +37% |
| Gross profit | $75.0M | +4% | +40% |
| Operating profit | $21.4M | -10% | +132% |
| Net earnings | $16.4M | -1% | +121% |
| Operating cash flow | $23.4M | — | +135% |
What changed
Revenue was $198.9M in Q3 2025, up 37% year over year and up 8% from the previous quarter. Eggs and Egg Related Products was the largest line at 97% of revenue. Eggs and Egg Related Products added $54.5M year over year (up 39%), 101% of the total change. Butter and Butter Related Products declined 8%.
Gross margin was 37.7%, up 0.8 points from a year earlier. Operating profit was $21.4M, a 10.8% margin (up 4.4 points year over year). Of the extra revenue versus a year earlier, 23% reached operating profit, above the 6% margin then. Operating expenses grew 21% against revenue growth of 37%. The fastest-growing cost line was SG&A (+23%). Net earnings were $16.4M, up 121% year over year. The effective tax rate was 25.3%.
Operating cash flow was $23.4M (up 135% year over year), 143% of net earnings. Non-cash charges added back $3.2M of depreciation and amortization and $3.2M of share-based compensation. Capital expenditures of $34.0M exceeded it, leaving free cash flow of −$10.6M.
Questions
What was Vital Farms' revenue in the third quarter 2025?
Vital Farms (VITL) reported revenue of $199M for the third quarter 2025 (Q3 2025), +37% from a year earlier and +8% from the quarter before.
Was Vital Farms profitable in the third quarter 2025?
Operating profit was $21.4M (10.8% of revenue) and net earnings $16.4M.
Source: Vital Farms 10-Q on SEC EDGAR.