AI brief of an SEC Form 8-K · Vital Farms, Inc. (VITL)

Vital Farms posts $31.1 million Q2 net loss as revenue falls 10.1%

Negative Impact 4 of 5 earnings Written later

Vital Farms reported a second-quarter net loss of $31.1 million, or $0.72 per diluted share, compared with net income of $16.6 million a year earlier, as net revenue fell 10.1% to $166.0 million. The company also closed a new $60.0 million asset-based revolving credit facility and a $125.0 million term loan, replacing its 2024 facility, and cancelled its stock repurchase program, while reaffirming its fiscal 2026 guidance.

Key points

  • Q2 net revenue of $166.0 million, down from $184.8 million; gross margin of 6.6% versus 38.9% a year earlier
  • Net loss of $31.1 million ($0.72 per diluted share) versus net income of $16.6 million; adjusted EBITDA loss of $26.6 million
  • New $125.0 million term loan and $60.0 million revolving credit facility; the revolver had $0 drawn at closing on August 4, 2026
  • Stock repurchase program cancelled; fiscal 2026 guidance reaffirmed at $775 million to $800 million net revenue and $0 to $10 million adjusted EBITDA

The filing

CompanyVital Farms, Inc. (VITL)
Form8-K, current report
Filed with the SECAug 6, 2026, 7:05 AM ET
Accession number0001193125-26-336692

Items reported: 1.01 Material Definitive Agreement1.02 Termination of Material Agreement2.02 Results of Operations2.03 New Direct Financial Obligation8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.