Natural Grocers by Vitamin Cottage, Inc.

Consumer Defensive · Grocery Stores

29.70$ -1.4% vs. previous close Closing price · As of: Sep 23, 2026

Statements

Income Statement

Natural Grocers by Vitamin Cottage, Inc. (NGVC) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (2025), "Revenue" came in at 1,331 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

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Income Statement NGVC
Line item	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	206	227	265	336	431	521	625	705	769	849	904	1,037	1,056	1,090	1,141	1,242	1,331
Cost of Revenue	146	160	187	237	305	369	443	504	557	623	665	754	763	785	814	877	933
Gross Profit	60	67	77	99	126	152	182	202	212	226	239	283	292	305	327	365	398
Research & Development	–	–	–	–	0.0	0.0	0.0	0.0	0.0	0.0	–	–	–	–	–	–	–
Selling, General & Administrative	52	58	10	13	13	15	18	19	20	22	23	27	28	32	34	37	41
Total Operating Expenses	52	58	70	87	107	127	153	181	198	211	222	255	264	275	295	318	336
Operating Income	8.3	9.0	7.4	12	19	24	29	20	14	15	17	28	28	30	32	47	62
Interest Expense	1.1	1.0	0.7	0.6	2.2	2.5	3.0	3.0	3.8	4.6	5.0	2.0	2.3	2.4	3.3	4.2	3.1
Pre-Tax Income	7.1	8.1	6.8	11	17	22	26	17	10	10	12	26	26	28	28	43	59
Income Tax Expense	2.0	2.5	2.2	4.0	6.4	8.3	9.4	5.9	3.4	-2.2	2.4	5.7	5.5	6.4	5.1	8.9	12
Net Income	3.5	4.4	3.5	6.6	11	13	16	11	6.9	13	9.4	20	21	21	23	34	46
EBITDA	13	15	15	22	33	41	50	20	14	15	46	60	59	59	62	78	94

Data as of: September 23, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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Income Statement

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