---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-027586"
form_type: "8-K"
ticker: "VITL"
cik: "0001579733"
company_name: "Vital Farms, Inc."
filed_at: "2024-03-07T23:59:59+00:00"
generated_at: "2026-06-05T01:32:50.518724+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Vital Farms Q4 revenue $135.8M (+23.4% YoY), FY net income jumps to $25.6M

## Summary
- Q4 net revenue $135.8M, up 23.4% vs prior year; excluding extra week, up 15.7%.
- Q4 net income $7.2M ($0.17 diluted EPS) vs $1.9M ($0.04); adjusted EBITDA $13.9M vs $6.9M.
- FY 2023 (53 wks) net revenue $471.9M, +30.3% YoY; net income $25.6M ($0.59 diluted EPS) vs $1.2M ($0.03).
- FY adjusted EBITDA $48.3M vs $16.2M; operating cash flow expanded nearly $60M.
- No specific FY2024 numeric guidance provided; targets $1B revenue by 2027.

## SEC filing metadata
- accession: 0000950170-24-027586
- form_type: 8-K
- ticker: VITL
- cik: 0001579733
- company_name: Vital Farms, Inc.
- filed_at: 2024-03-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1579733/000095017024027586/0000950170-24-027586-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1579733/000095017024027586/vitl-20240307.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-027586
- JSON: https://secwatch.observer/filing/0000950170-24-027586.json
- Plain text: https://secwatch.observer/filing/0000950170-24-027586.txt

## Key facts
- Earnings Releases
  Vital Farms, Inc. updated its fiscal year 2024 guidance (initiated).
  - Period: fiscal year 2024
  - Guidance: initiated
  - Result: guidance update
  source text: Vital Farms Reports Fourth Quarter and Fiscal Year 2023 Financial Results Record Fourth Quarter Net Revenue of $135.8 million, up 23.4% versus Prior Year Period Provides Fiscal Year 2024 Outlook
  evidence_url: https://www.sec.gov/Archives/edgar/data/1579733/000095017024027586/0000950170-24-027586-index.htm
- Earnings Releases
  Vital Farms, Inc. reported fourth quarter (14 weeks) ended December 31, 2023 results: revenue $135.8 million, net income $7.2 million, EPS $0.17.
  - Period: fourth quarter (14 weeks) ended December 31, 2023
  - Revenue: $135.8 million
  - Net income: $7.2 million
  - EPS: $0.17
  - Result: reported results
  source text: Vital Farms Reports Fourth Quarter and Fiscal Year 2023 Financial Results Record Fourth Quarter Net Revenue of $135.8 million, up 23.4% versus Prior Year Period Provides Fiscal Year 2024 Outlook
  evidence_url: https://www.sec.gov/Archives/edgar/data/1579733/000095017024027586/0000950170-24-027586-index.htm
- Earnings Releases
  Vital Farms, Inc. reported fiscal year (53 weeks) ended December 31, 2023 results: revenue $471.9 million, net income $25.6 million, EPS $0.59.
  - Period: fiscal year (53 weeks) ended December 31, 2023
  - Revenue: $471.9 million
  - Net income: $25.6 million
  - EPS: $0.59
  - Result: reported results
  source text: Financial highlights for the fiscal year ended December 31, 2023 (53 weeks) compared to the fiscal year ended December 25, 2022 (52 weeks): • Net Revenue increased 30.3% to $471.9 million, compared to $362.1 million. Excluding the extra week in fiscal year 2023, Net Revenue increased 28.0%. • Net Income of $25.6 million, compared to $1.2 million. • Net Income per Diluted Share of $0.59, compared to $0.03. • Adjusted EBITDA of $48.3 million, compared to $16.2 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1579733/000095017024027586/0000950170-24-027586-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
