Natural Grocers by Vitamin Cottage, Inc. Income Statement
NGVC|13 years of annual SEC 10-K data (FY2013-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 13 fiscal years. All figures from audited SEC 10-K filings.
Natural Grocers by Vitamin Cottage, Inc. reported $1.3B in revenue and $46M in net income for FY2025. Revenue has grown at a 14.4% compound annual rate over the past 12 years.
Based on SEC 10-K filings.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.1B | $1.0B | $259.2M | $265.0M | $221.5M | $705.5M | $769.0M | $520.7M | $430.7M | $336.4M | $264.5M |
| Gross Profit | $397.9M | $364.8M | $326.9M | $283.1M | $292.2M | $283.1M | $212.3M | $201.8M | $212.3M | $151.5M | $125.7M | $99.1M | $77.4M |
| SG&A Expense | $44.4M | $38.7M | $36.0M | $26.8M | $28.4M | $26.8M | $20.1M | $19.2M | $20.1M | $14.8M | $13.5M | $12.7M | $10.4M |
| Operating Income | $62.0M | $47.0M | $31.7M | $27.7M | $28.3M | $27.7M | $14.1M | $20.4M | $14.1M | $24.2M | $19.1M | $12.0M | $7.4M |
| Interest Expense | $3.1M | $4.2M | $3.3M | $2.0M | $2.3M | $2.0M | $3.8M | $3.0M | $3.8M | $2.5M | $2.2M | $568.0K | $669.0K |
| Income Tax | $12.5M | $8.9M | $5.1M | $5.7M | $5.5M | $5.7M | $3.4M | $5.9M | $3.4M | $8.3M | $6.4M | $4.0M | $2.2M |
| Net Income | $46.4M | $33.9M | $23.2M | $20.0M | $20.6M | $20.0M | $6.9M | $11.5M | $6.9M | $13.5M | $10.6M | $7.5M | $4.6M |
| EPS (Basic) | $1.02 | $0.94 | $0.91 | $0.89 | $0.42 | $0.57 | $0.31 | $0.51 | $0.72 | $0.60 | $0.47 | $0.30 | $0.16 |
| EPS (Diluted) | $1.02 | $0.94 | $0.91 | $0.89 | $0.42 | $0.56 | $0.31 | $0.51 | $0.72 | $0.60 | $0.47 | $0.30 | $0.16 |
| Shares Outstanding | 22.9M | 22.7M | 22.7M | 22.6M | 22.5M | 22.5M | 22.4M | 22.4M | 22.5M | 22.5M | 22.5M | 22.4M | 22.4M |
| Gross Margin | 29.9% | 29.4% | 28.7% | 27.3% | 112.7% | 106.8% | 95.9% | 28.6% | 27.6% | 29.1% | 29.2% | 29.4% | 29.3% |
| Operating Margin | 4.7% | 3.8% | 2.8% | 2.7% | 10.9% | 10.5% | 6.4% | 2.9% | 1.8% | 4.7% | 4.4% | 3.6% | 2.8% |
| Profit Margin | 3.5% | 2.7% | 2.0% | 1.9% | 7.9% | 7.5% | 3.1% | 1.6% | 0.9% | 2.6% | 2.5% | 2.2% | 1.7% |