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NATURAL GROCERS BY VITAMIN COTTAGE, INC.

CIK: 1547459 SIC: 5411
$1.34B
Revenue
$47.84M
Net Income
29.78%
Gross Margin
4.74%
Op. Margin
$56.37M
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 13 of 40 quarterly reports available
Breakdown Q1 2026
(Dec 31, 2025)
Q4 2025
(Sep 30, 2025)
Q3 2025
(Jun 30, 2025)
Q2 2025
(Mar 31, 2025)
Q1 2025
(Dec 31, 2024)
Q4 2024
(Sep 30, 2024)
Q3 2024
(Jun 30, 2024)
Q2 2024
(Mar 31, 2024)
Q1 2024
(Dec 31, 2023)
Q4 2023
(Sep 30, 2023)
Q3 2023
(Jun 30, 2023)
Q2 2023
(Mar 31, 2023)
Q1 2023
(Dec 31, 2022)
+ Total Revenue $335.58M $336.14M $328.70M $335.77M $330.22M $322.66M $309.08M $308.09M $301.75M $295.07M $281.79M $283.25M $280.46M
Revenue Growth % (YoY) 1.6% 4.2% 6.3% 9.0% 9.4% 9.3% 9.7% 8.8% 7.6% nan% nan% nan% nan%
+ Gross Profit $98.86M $99.03M $98.28M $101.75M $98.82M $95.36M $90.33M $90.36M $88.76M $84.34M $81.39M $82.48M $78.72M
Gross Margin % 29.5% 29.5% 29.9% 30.3% 29.9% 29.6% 29.2% 29.3% 29.4% 28.6% 28.9% 29.1% 28.1%
Operating Expenses $78.81M - - - - - - - - - - - -
+ Operating Income $14.65M $15.50M $15.59M $17.55M $13.35M $12.07M $12.85M $11.26M $10.80M $7.74M $9.08M $8.43M $6.42M
Operating Margin % 4.4% 4.6% 4.7% 5.2% 4.0% 3.7% 4.2% 3.7% 3.6% 2.6% 3.2% 3.0% 2.3%
Interest Expense $713.00K $696.00K $694.00K $750.00K $923.00K $1.05M $1.05M $1.18M $894.00K $821.00K $848.00K $834.00K $796.00K
Income Before Tax $13.93M $14.81M $14.89M $16.80M $12.43M $11.01M $11.79M $10.08M $9.91M $6.92M $8.24M $7.60M $5.62M
Income Tax Expense $2.60M $3.01M $3.29M $3.70M $2.49M $2.00M $2.59M $2.12M $2.15M $1.04M $1.16M $1.71M $1.21M
+ Net Income $11.33M $11.80M $11.61M $13.10M $9.94M $9.01M $9.21M $7.96M $7.75M $5.88M $7.07M $5.88M $4.41M
Net Margin % 3.4% 3.5% 3.5% 3.9% 3.0% 2.8% 3.0% 2.6% 2.6% 2.0% 2.5% 2.1% 1.6%
Basic EPS 0.49 0.51 0.51 0.57 0.43 0.40 0.40 0.35 0.34 0.26 0.31 0.26 0.19
Diluted EPS 0.49 0.51 0.50 0.56 0.43 0.39 0.40 0.35 0.34 0.26 0.31 0.26 0.19
Basic Shares Outstanding 23.0M 6K 23.0M 22.9M 22.9M 8K 22.8M 22.8M 22.8M 2K 22.7M 22.7M 22.7M
Diluted Shares Outstanding 23.3M 8K 23.3M 23.3M 23.2M 32K 23.1M 23.1M 23.0M 9K 22.9M 22.8M 22.8M
Breakdown Q1 2026
(Dec 31, 2025)
Q4 2025
(Sep 30, 2025)
Q3 2025
(Jun 30, 2025)
Q2 2025
(Mar 31, 2025)
Q1 2025
(Dec 31, 2024)
Q4 2024
(Sep 30, 2024)
Q3 2024
(Jun 30, 2024)
Q2 2024
(Mar 31, 2024)
Q1 2024
(Dec 31, 2023)
Q4 2023
(Sep 30, 2023)
Q3 2023
(Jun 30, 2023)
Q2 2023
(Mar 31, 2023)
Q1 2023
(Dec 31, 2022)
Cash & Cash Equivalents $23.21M $17.12M $13.18M $21.21M $6.32M $8.87M $13.91M $10.97M $13.62M $18.34M $8.58M $18.96M $16.94M
Accounts Receivable $9.95M $11.97M $12.81M $12.45M $11.89M $12.61M $8.92M $8.74M $9.32M $10.80M $8.87M $6.92M $7.99M
Other Current Assets $5.76M $6.03M $6.36M $4.82M $4.49M $4.91M $5.03M $3.81M $4.24M $4.15M $6.07M $3.84M $3.83M
Total Current Assets $166.81M $168.07M $156.98M $163.25M $144.53M $147.06M $145.20M $140.87M $143.26M $152.55M $140.23M $145.78M $140.13M
Property Plant & Equipment $189.53M $182.74M $181.04M $180.85M $181.94M $178.61M $178.22M $178.34M $177.28M $169.06M $162.31M $157.71M $159.23M
Goodwill $5.20M - - - - - - - - - - - -
Intangible Assets $6.12M - - - - - - - - - - - -
Other Non-current Assets $5.52M $5.45M $4.22M $2.76M $1.44M $458.00K - - - $395.00K - - -
Total Assets $668.56M $670.50M $659.00M $664.59M $648.88M $655.48M $654.39M $656.57M $663.16M $669.18M $656.10M $652.05M $658.53M
Accounts Payable $83.95M $80.99M $82.45M $92.00M $75.58M $88.40M $79.31M $84.18M $81.59M $80.67M $72.75M $75.71M $75.51M
Accrued Liabilities $31.73M $37.24M $31.48M $35.38M $34.56M $35.85M $30.66M $32.31M $31.99M $33.06M $22.94M $25.01M $24.03M
Total Current Liabilities $156.39M $158.78M $154.49M $167.72M $150.13M $164.13M $151.52M $159.90M $158.87M $154.03M $135.83M $140.75M $139.54M
Long-term Debt - - - - $8.90M - - - - $5.94M $7.94M $9.94M $11.94M
Deferred Tax Liabilities $7.91M $7.86M $8.03M $8.67M $9.73M $10.47M $11.91M $12.79M $14.00M $14.43M $16.13M $16.05M $16.12M
Total Liabilities $448.55M $458.11M $456.50M $471.62M $467.00M $481.22M $486.58M $496.60M $509.30M $498.34M $489.16M $490.04M $500.34M
Common Stock $23.00K $23.00K $23.00K $23.00K $23.00K $23.00K $23.00K $23.00K $23.00K $23.00K $23.00K $23.00K $23.00K
Retained Earnings $157.22M $149.34M $140.29M $131.44M $121.09M $113.90M $107.17M $100.25M $94.56M $111.87M $108.26M $103.47M $99.85M
Total Stockholders Equity $220.01M $212.40M $202.50M $192.97M $181.88M $174.25M $167.80M $159.97M $153.86M $170.84M $166.94M $162.01M $158.19M
Total Liabilities & Equity $668.56M $670.50M $659.00M $664.59M $648.88M $655.48M $654.39M $656.57M $663.16M $669.18M $656.10M $652.05M $658.53M
Breakdown Q1 2026
(Dec 31, 2025)
Q4 2025
(Sep 30, 2025)
Q3 2025
(Jun 30, 2025)
Q2 2025
(Mar 31, 2025)
Q1 2025
(Dec 31, 2024)
Q4 2024
(Sep 30, 2024)
Q3 2024
(Jun 30, 2024)
Q2 2024
(Mar 31, 2024)
Q1 2024
(Dec 31, 2023)
Q4 2023
(Sep 30, 2023)
Q3 2023
(Jun 30, 2023)
Q2 2023
(Mar 31, 2023)
Q1 2023
(Dec 31, 2022)
Net Income $11.33M $11.80M $34.64M $23.04M $9.94M $9.01M $24.93M $7.96M $7.75M $5.88M $17.36M $5.88M $4.41M
Depreciation & Amortization $7.97M $8.02M $7.95M $7.89M $7.95M $7.93M $23.00M $7.70M $7.45M $7.48M $21.43M $7.15M $7.06M
Stock-based Compensation $857.00K $860.00K $3.10M $2.26M $1.44M $929.00K $1.90M $838.00K $406.00K $314.00K $1.05M $713.00K $357.00K
Deferred Income Tax $46.00K $-164.00K $-2.44M $-1.80M $-742.00K $-1.44M $-2.52M $-1.64M $-430.00K $-1.71M $231.00K $149.00K $218.00K
Change in Receivables $-2.08M $-644.00K $1.05M $368.00K $-144.00K $3.11M $-1.32M $-1.36M $-1.14M $1.87M $-2.19M $-3.36M $-2.30M
Change in Inventory $-5.08M $8.34M $3.95M $4.10M $1.15M $3.33M $-1.92M $-1.91M $-3.18M $2.55M $2.95M $2.30M $-2.38M
Operating Cash Flow $21.13M $15.63M $39.68M $36.74M $2.68M $24.48M $49.28M $36.85M $16.62M $28.45M $36.16M $34.86M $21.21M
Capital Expenditure $9.57M $8.08M $23.12M $16.04M $9.62M $6.53M $31.02M $22.18M $11.73M $13.33M $23.24M $16.98M $10.41M
Investing Cash Flow $-9.58M $-8.03M $-22.94M $-15.88M $-9.42M $-6.79M $-31.81M $-22.51M $-11.81M $-13.65M $-24.30M $-17.77M $-11.28M
Debt Repayment - - - - - $1.69M $6.00M $4.00M $2.00M $2.00M $6.00M $4.00M $2.00M
Stock Repurchased - - - - - - - - - - $181.00K $86.00K -
Dividends Paid $3.46M $2.75M $8.26M $5.50M $2.75M $2.28M $29.59M $27.31M $25.03M $2.27M $6.82M $4.54M $2.27M
Financing Cash Flow $-5.46M $-3.66M $-12.43M $-8.53M $4.18M $-22.73M $-21.90M $-21.71M $-9.54M $-5.03M $-15.32M $-10.17M $-5.03M
Net Change in Cash $6.09M $3.94M $4.31M $12.34M $-2.56M $-5.04M $-4.43M $-7.37M $-4.72M $9.77M $-3.46M $6.93M $4.90M
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
Description Dec 31, 2025
Current Prior Year
Total Revenue $335.58M $330.22M
Gross Profit $98.86M $98.82M
Operating Expenses $78.81M $80.33M
Operating Income $14.65M $13.35M
Interest Expense $713.00K $923.00K
Income Before Tax $13.93M $12.43M
Income Tax Expense $2.60M $2.49M
Net Income $11.33M $9.94M
Basic EPS 0.49 0.43
Diluted EPS 0.49 0.43
Condensed Consolidated Balance Sheets
Description Dec 31, 2025 Sep 30, 2025
Cash & Cash Equivalents $23.21M $17.12M
Accounts Receivable $9.95M $11.97M
Other Current Assets $5.76M $6.03M
Total Current Assets $166.81M $168.07M
Property Plant & Equipment $189.53M $182.74M
Goodwill $5.20M $5.20M
Intangible Assets $6.12M $6.56M
Other Non-current Assets $5.52M $5.45M
Total Assets $668.56M $670.50M
Accounts Payable $83.95M $80.99M
Accrued Liabilities $31.73M $37.24M
Total Current Liabilities $156.39M $158.78M
Deferred Tax Liabilities $7.91M $7.86M
Total Liabilities $448.55M $458.11M
Common Stock $23.00K $23.00K
Retained Earnings $157.22M $149.34M
Total Stockholders Equity $220.01M $212.40M
Total Liabilities & Equity $668.56M $670.50M
Condensed Consolidated Statements of Cash Flows
Description Dec 31, 2025
Current Prior Year
Net Income $11.33M $9.94M
Depreciation & Amortization $7.97M $7.95M
Stock-based Compensation $857.00K $1.44M
Deferred Income Tax $46.00K $-742.00K
Change in Receivables $-2.08M $-144.00K
Change in Inventory $-5.08M $1.15M
Operating Cash Flow $21.13M $2.68M
Capital Expenditure $9.57M $9.62M
Investing Cash Flow $-9.58M $-9.42M
Dividends Paid $3.46M $2.75M
Financing Cash Flow $-5.46M $4.18M
Net Change in Cash $6.09M $-2.56M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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