Vital Farms Inc 2026年季度报告

(Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACTOF 1934 For the quarterly period ended March 29, 2026OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACTOF 1934 For the transition period from ______________ to ______________Commission File Number: 001-39411 Vital Farms, Inc. (Exact name of registrant as specified in its charter) 27-0496985(I.R.S. EmployerIdentification No.) (877) 455-3063(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has beensubject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was requiredto submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer,asmaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging Growth Company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐NoAs of May 4, 2026 the registrant had 42,848,454 shares of common stock, $0.0001 par value per share, outstanding. Table of Contents Special Note Regarding Forward-Looking Statements PART I.FINANCIAL INFORMATIONItem 1.Financial Statements (Unaudited)Condensed Consolidated Balance SheetsCondensed Consolidated Statements of OperationsCondensed Consolidated Statements of Comprehensive (Loss) IncomeCondensed Consolidated Statements of Stockholders’ EquityCondensed Consolidated Statements of Cash FlowsNotes to Unaudited Condensed Consolidated Financial StatementsItem 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and ProceduresPART II.OTHER INFORMATIONItem 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignatures SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q, or the Quarterly Report, contains “forward-looking statements” (within the meaning ofSection 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended)about us and our industry that involve substantial risks and uncertainties. All statements other than statements of historical factscontained in this Quarterly Report, including statements regarding our future results of operations or financial condition, businessstrategy and plans and objectives of management for future operations, are forward-looking statements. In some cases, you canidentify forward-looking statements because they contain words such as “anticipate,” “believe,” “continue,” “could,” “envision,”“estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will” or “would” or thenegative of these words or other similar terms or expressions. These forward-looking statements include, but are not limited to,statements concerning the following: •our expectations regarding our revenue, expenses and other operating results;•our ability to attract new customers and successfully retain existing customers;•our ability to attract and retain our suppliers, distributors and co-manufacturers;•our ability to maintain relationships with members of our existing farm network or further expand our farm network,our plans for operation of accelerator farms and the impact of our accelerator farms and our decision to pausedevelopment of future accelerator farms on our operations;•our ability to sustain or increase our profitability;•our expectations regarding our future growth in the foodservice channel;•our ability to procure sufficient high-quality eggs and other raw materials;•our ability to effectively manage our supply of eggs and the impact of our