Natural Grocers by Vitamin Cottage, Inc. (NGVC)
NYSE · Retail-Grocery Stores · Retail trade · CIK 1547459 · fiscal year ends in Sep
Closing price $28.59 on 29 Oct 2026; 52-week range $23.71 to $38.61.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $1.3B
- Revenue growth
- 2.0%
- Net income, last twelve months
- $47.6M
- Earnings per share
- $2.06
- Gross margin
- 29.6%
- Operating margin
- 4.7%
- Net margin
- 3.5%
- Free cash flow
- $22.7M
- Return on equity
- 19.9%
- Market value
- $658.9M
- Price to earnings
- 13.9x
- Cash
- $17.5M
- Debt
- $1.5M
- Debt to equity
- 0.01
- Shares outstanding
- 23.0M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 30 Sep 2025 | $1.3B | $62.0M | $46.4M | $2.00 | $24.1M | 10-K filed 11 Dec 2025 |
| FY2024 | 30 Sep 2024 | $1.2B | $47.0M | $33.9M | $1.47 | $36.2M | 10-K filed 12 Dec 2024 |
| FY2023 | 30 Sep 2023 | $1.1B | $31.7M | $23.2M | $1.02 | $28.0M | 10-K filed 7 Dec 2023 |
| FY2022 | 30 Sep 2022 | $1.1B | $30.2M | $21.4M | $0.94 | $11.7M | 10-K filed 8 Dec 2022 |
| FY2021 | 30 Sep 2021 | $1.1B | $28.3M | $20.6M | $0.91 | $27.5M | 10-K filed 9 Dec 2021 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q3 FY2026 | 30 Jun 2026 | $334.7M | $11.1M | $0.48 |
| Q2 FY2026 | 31 Mar 2026 | $337.4M | $13.4M | $0.58 |
| Q1 FY2026 | 31 Dec 2025 | $335.6M | $11.3M | $0.49 |
| Q4 FY2025 | 30 Sep 2025 | $336.1M | $11.8M | $0.51 |
| Q3 FY2025 | 30 Jun 2025 | $328.7M | $11.6M | $0.50 |
| Q2 FY2025 | 31 Mar 2025 | $335.8M | $13.1M | $0.56 |
| Q1 FY2025 | 31 Dec 2024 | $330.2M | $9.9M | $0.43 |
| Q4 FY2024 | 30 Sep 2024 | $322.7M | $9.0M | $0.39 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Grocery | $952.2M | 71.1% |
| Dietary Supplements | $252.9M | 18.9% |
| Manufactured Product, Other | $125.7M | 9.4% |
| Vendor Reimbursements | $9.3M | 0.7% |
Company events
The newest 8-K filings of 106 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 15 Sep 2026 | 8-K | Shareholder vote | 5.07 |
| 6 Aug 2026 | 8-K | Results | 2.02, 9.01 |
| 7 May 2026 | 8-K | Results | 2.02, 9.01 |
| 10 Mar 2026 | 8-K | Shareholder vote | 5.07, 9.01 |
| 5 Feb 2026 | 8-K | Results | 2.02, 9.01 |
| 20 Nov 2025 | 8-K | Results, Investor update, Other events | 2.02, 7.01, 8.01, 9.01 |
| 29 Oct 2025 | 8-K | Leadership change | 5.02 |
| 7 Aug 2025 | 8-K | Results, Investor update | 2.02, 7.01, 9.01 |
| 8 May 2025 | 8-K | Results | 2.02, 9.01 |
| 11 Mar 2025 | 8-K | Shareholder vote, Bylaws or fiscal year change | 5.03, 5.07, 9.01 |
| 6 Feb 2025 | 8-K | Results | 2.02, 9.01 |
| 7 Jan 2025 | 8-K | Leadership change | 5.02 |
Every filing
The newest filings with the SEC of 236 held.
| Filed | Form | Period |
|---|---|---|
| 20 Oct 2026 | DEF 14C | 9 Sep 2026 |
| 15 Sep 2026 | PRE 14C | 9 Sep 2026 |
| 15 Sep 2026 | 8-K | 9 Sep 2026 |
| 6 Aug 2026 | 8-K | 6 Aug 2026 |
| 6 Aug 2026 | 10-Q | 30 Jun 2026 |
| 7 May 2026 | 8-K | 7 May 2026 |
| 7 May 2026 | 10-Q | 31 Mar 2026 |
| 10 Mar 2026 | 8-K | 4 Mar 2026 |
| 5 Feb 2026 | 8-K | 5 Feb 2026 |
| 5 Feb 2026 | 10-Q | 31 Dec 2025 |
| 22 Jan 2026 | ARS | 30 Sep 2025 |
| 22 Jan 2026 | DEFA14A | – |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 29 May 2026 | Isely Charity, Insider | Sale outside a trading plan | 3,000 | $29.04 | $87.1K | 10,697 | 2 Jun 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 27 May 2026 | Charity Isely, Affiliate | 3,000 | $86.3K | 26 May 2026 |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 990.7K | -7.57% | 9.62 |
| 30 Sep 2026 | 1.1M | +17.44% | 6.72 |
| 15 Sep 2026 | 912.7K | +11.6% | 6.22 |
| 31 Aug 2026 | 817.8K | +0.97% | 5.44 |
| 14 Aug 2026 | 809.9K | +9.64% | 4.17 |
| 31 Jul 2026 | 738.7K | +9.07% | 6.88 |
| 15 Jul 2026 | 677.3K | +6.64% | 6.54 |
| 30 Jun 2026 | 635.1K | +0.84% | 4.19 |
Funds that hold it
From each fund's latest Form 13F.
181 funds held it at 30 Jun 2026: 86 added and 38 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| BlackRock, Inc. | 991,823 | $30.8M | +65,475 |
| American Century Companies Inc. | 652,774 | $20.2M | +90,738 |
| Dimensional Fund Advisors LP | 651,746 | $20.2M | +7,224 |
| Royce & Associates LP | 600,263 | $18.6M | +600,263 |
| Vanguard Capital Management LLC | 534,646 | $16.6M | -10,348 |
| Morgan Stanley | 472,225 | $14.6M | -123,704 |
| Two Sigma Investments, LP | 337,311 | $10.5M | -70,701 |
| Geode Capital Management, LLC | 304,066 | $9.4M | +24,730 |
| AQR Capital Management LLC | 298,071 | $9.2M | +113,688 |
| Vanguard Portfolio Management LLC | 295,763 | $9.2M | +34,429 |
Peers
Companies in the same industry.
- Kroger Co. (KR): revenue $149.3B, market value $38.9B
- Albertsons Companies, Inc. (ACI): revenue $83.2B, market value $6.0B
- Sprouts Farmers Market, Inc. (SFM): revenue $9.1B, market value $4.4B
- Weis Markets Inc. (WMK): revenue $5.1B, market value $1.9B
- Ingles Markets Inc. (IMKTA): revenue $5.4B, market value $1.6B
- Grocery Outlet Holding Corp. (GO): revenue $4.7B, market value $1.3B