10-Q quarterly report · filed May 7, 2026

Vital Farms, Inc. (VITL) Q1 2026 10-Q Quarterly Report

Short answer

Vital Farms, Inc. (VITL) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 29, 2026. Quarterly revenue was $187M (up 15.4% year over year) with net income of −$2M.

Q1 2026 key financials · XBRL

Revenue
$187M
+15.4% YoY
Net income
−$2M
−109.0% YoY
Operating margin
-1.2%
Gross margin
28.3%
EPS (diluted)
−$0.03
−108.1% YoY

Source: XBRL data from the Vital Farms, Inc. (VITL) Q1 2026 10-Q on SEC EDGAR. USD.

Vital Farms, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $187.2M, up $25.0M from $162.2M YoY
  • Gross margin 28% vs 39% YoY
  • Operating margin (1)% vs 14% YoY; net margin (1)% vs 11% YoY
  • Eggs and egg-related products $181.1M, approximately 97% of revenue
  • Oversupply reduced shell-egg velocities; capital expenditures reduced and supply controls continued through 2026

Risk Factors

  • Newly added market risk: commodity-shell-egg oversupply and wider price gaps caused declining shell-egg sales velocities during 2026
  • Most materially updated capital risk: Vital Crossroads construction slowed and accelerator-farm development paused after reduced 2026 capital-expenditure plans
  • Regulatory risk: FDA, USDA, and other regulations create potential noncompliance, enforcement, recall, and operating-disruption exposure
  • Operational risk: Egg Central Station concentration in Missouri makes facility shutdowns capable of disrupting substantial shell-egg processing
  • Financial risk: $60.0 million Credit Facility carries fixed-charge coverage and net-leverage covenants restricting financial flexibility

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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