Natural Grocers by Vitamin Cottage, Inc.
NGVC · NYSE
Financial statements
Annual and quarterly income, balance-sheet, cash-flow and key-statistics data.
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2022 FY | 1.09B | 304.88M | 30.16M | 21.37M | 0.94 |
| 2023 FY | 1.14B | 326.93M | 31.67M | 23.24M | 1.02 |
| 2024 FY | 1.24B | 364.81M | 46.98M | 33.94M | 1.49 |
| 2025 FY | 1.33B | 397.88M | 61.99M | 46.44M | 2.02 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2022 FY | 663.11M | 507.30M | 12.04M | 393.37M | 155.81M |
| 2023 FY | 669.19M | 498.34M | 18.34M | 370.18M | 170.84M |
| 2024 FY | 655.48M | 481.22M | 8.87M | 346.51M | 174.25M |
| 2025 FY | 670.50M | 458.11M | 17.12M | 332.02M | 212.40M |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2022 FY | 39.69M | -31.44M | 8.25M | -9.07M | -11.64M |
| 2023 FY | 64.61M | -38.09M | 26.51M | -9.09M | 6.30M |
| 2024 FY | 73.76M | -38.68M | 35.08M | -31.87M | -9.47M |
| 2025 FY | 55.30M | -31.38M | 23.93M | -11.01M | 8.25M |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2022 FY | 244.57M | 625.91M | — | — | — |
| 2023 FY | 293.38M | 645.22M | — | — | — |
| 2024 FY | 676.18M | 1.01B | — | — | — |
| 2025 FY | 917.45M | 1.23B | — | — | — |
| 2026-09-30 | — | — | — | — | — |
| 2027-09-30 | — | — | — | — | — |
| 2028-09-30 | — | — | — | — | — |
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 Q3 | 328.71M | 98.28M | 15.59M | 11.61M | 0.51 |
| 2025 Q4 | 336.14M | 99.03M | 15.50M | 11.80M | 0.51 |
| 2026 Q1 | 335.58M | 98.86M | 14.65M | 11.33M | 0.49 |
| 2026 Q2 | 337.38M | 94.51M | 18.67M | 13.43M | 0.58 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2025 Q3 | 659.00M | 456.50M | 13.18M | 334.53M | 202.50M |
| 2025 Q4 | 670.50M | 458.11M | 17.12M | 332.02M | 212.40M |
| 2026 Q1 | 668.56M | 448.55M | 23.21M | 324.95M | 220.01M |
| 2026 Q2 | 684.70M | 453.81M | 20.72M | 323.07M | 230.90M |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2025 Q3 | 2.93M | -7.10M | -4.17M | -2.76M | -8.03M |
| 2025 Q4 | 50.06M | -8.08M | 41.98M | -2.75M | 3.94M |
| 2026 Q1 | 21.13M | -9.60M | 11.53M | -3.46M | 6.09M |
| 2026 Q2 | 22.71M | -20.78M | 1.92M | -3.46M | -2.49M |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2025 Q3 | 900.84M | 1.22B | — | — | — |
| 2025 Q4 | 918.17M | 1.23B | — | — | — |
| 2026 Q1 | 576.36M | 878.10M | — | — | — |
| 2026 Q2 | 597.22M | 899.57M | — | — | — |
| 2026-06-30 | — | — | — | — | — |
| 2026-09-30 | — | — | — | — | — |
| 2026-12-31 | — | — | — | — | — |