Vital Farms, a leading food company in the United States, has recently released its 10-K report. The company specializes in packaging, marketing, and distributing shell eggs, butter, and other products sourced from animals raised on family farms. Their mission is to bring ethical food to the table by raising the standards in the food industry and disrupting industrial, factory food norms. Vital Farms prides itself on its focus on animal welfare and sustainable farming practices, and it has become the leading U.S. brand of pasture-raised eggs and the second-largest U.S. egg brand by retail dollar sales.
In the Management’s Discussion and Analysis of Financial Condition and Results of Operations, Vital Farms reported net revenue of $759.4 million and $606.3 million, net income of $66.3 million and $53.4 million, and Adjusted EBITDA of $114.0 million and $86.7 million in the fiscal years ended December 28, 2025, and December 29, 2024, respectively. The company's products are primarily distributed through a broker-distributor-retailer network, with consistent sales growth experienced. Vital Farms also highlighted its commitment to Conscious Capitalism, prioritizing positive, long-term outcomes for all stakeholders.
The report also discussed known trends, events, and uncertainties that could impact the company's operations. For instance, Vital Farms has been closely monitoring the progression of Highly Pathogenic Avian Influenza (HPAI) and working to ensure the safety of its flocks. In fiscal 2024 and 2025, the company experienced an outbreak of a virus called Egg Drop Syndrome (EDS) in the Midwest, impacting several of its farms. Additionally, economic uncertainty and volatility, including inflationary factors and international trade restrictions, were identified as potential challenges that could affect the company's financial position and cash flows.
Furthermore, Vital Farms outlined its plans for expansion, including the construction of Vital Crossroads, a second egg washing and packing facility with onsite cold storage in Seymour, Indiana, anticipated to be fully operational in 2027. The company also purchased farmland in Indiana for development into "accelerator farms" to ensure an adequate supply for its future egg washing and packing facility.
Today the company's shares have moved -0.81% to a price of $29.25. If you want to know more, read the company's complete 10-K report here.
