Vital Farms, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-31.1M | $-1.5M | $16.4M | $16.6M | $16.9M | $7.4M | $16.3M | $19.0M |
| Depreciation & Amortization | $2.3M | $2.6M | $2.0M | $2.4M | $2.2M | $2.3M | $2.4M | $2.3M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | $744.0K | — | — | $0 | — | — | — |
| Stock-Based Compensation | — | $2.8M | — | — | $2.9M | — | — | $2.0M |
| Net Cash from Operating Activities | $-27.4M | $-18.6M | $23.4M | $-761.0K | $5.3M | $10.0M | $16.1M | $23.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $16.7M | $20.8M | $34.0M | $6.9M | $3.1M | $3.6M | $5.6M | $1.3M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | $29.3M | — | — | $1.6M | — | — | $7.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | $20.0M | — | — | $0 | — | — | — |
| Net Cash from Financing Activities | — | $-22.9M | — | — | $-1.2M | — | — | $-1.3M |
| Net Change in Cash | — | $-12.2M | — | — | $5.7M | — | — | $29.7M |
| Free Cash Flow | $-44.1M | $-39.3M | $-10.6M | $-7.6M | $2.1M | $6.4M | $10.5M | $22.6M |