NGVC
Natural Grocers by Vitamin Cottage, Inc.
NYSE · Consumer Defensive · Grocery Stores · US
$27.93
+2.53%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.3B | 1.3B | 1.2B | 1.1B | 1.1B |
| Cost of Revenue | 953.4M | 933.0M | 876.8M | 813.6M | 784.7M |
| Gross Profit | 390.4M | 397.9M | 364.8M | 326.9M | 304.9M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 112.0M | 41.4M | 37.0M | 34.4M | 31.6M |
| General & Admin Expense | 40.4M | 41.4M | 37.0M | 34.4M | 31.6M |
| Selling & Marketing Expense | 71.6M | — | — | — | — |
| Other Expenses | 214.6M | 294.5M | 280.8M | 260.9M | 243.2M |
| Total Operating Expenses | 326.6M | 335.9M | 317.8M | 295.3M | 274.7M |
| Cost and Expenses | 1.3B | 1.3B | 1.2B | 1.1B | 1.1B |
| Operating Income (EBIT) | 63.8M | 62.0M | 47.0M | 31.7M | 30.2M |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 2.7M | 3.1M | 4.2M | 3.3M | 2.4M |
| Net Interest Income | (2.7M) | (3.1M) | (4.2M) | (3.3M) | (2.4M) |
| Other Non-Op Income/Expense | (3.3M) | (3.1M) | (4.2M) | (3.3M) | (2.4M) |
| Non-Operating Income (excl Interest) | 567.0K | — | — | — | — |
| EBT (Pre-Tax Income) | 60.5M | 58.9M | 42.8M | 28.4M | 27.8M |
| Income Tax Expense | 12.9M | 12.5M | 8.9M | 5.1M | 6.4M |
| Bottom Line | |||||
| Net Income | 47.6M | 46.4M | 33.9M | 23.2M | 21.4M |
| Earnings from Cont. Ops | 47.6M | 46.4M | 33.9M | 23.2M | 21.4M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 47.6M | 46.4M | 33.9M | 23.2M | 21.4M |
| Per Share | |||||
| Basic EPS | $2.06 | $2.02 | $1.49 | $1.02 | $0.94 |
| Diluted EPS | $2.06 | $2.00 | $1.47 | $1.02 | $0.94 |
| Revenue Per Share | $58.32 | $58.02 | $54.52 | $50.19 | $48.07 |
| Shares | |||||
| Basic Shares Outstanding | 23.0M | 22.9M | 22.8M | 22.7M | 22.7M |
| Diluted Shares Outstanding | 23.3M | 23.3M | 23.1M | 22.8M | 22.8M |
| Profitability Metrics | |||||
| EBITDA | 111.9M | 93.8M | 77.9M | 62.1M | 58.8M |
| D&A | 48.6M | 31.8M | 30.9M | 30.4M | 28.6M |
| EBIT | 63.3M | 62.0M | 47.0M | 31.7M | 30.2M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026