Natural Grocers by Vitamin Cottage (NGVC) Cost of Revenue (2011 - 2026)
Natural Grocers by Vitamin Cottage (NGVC) posted Cost of Revenue of $236.73 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 2.7% from $230.43 million a year earlier and up 0.8% from the prior quarter.
Natural Grocers by Vitamin Cottage (NGVC) Cost of Revenue (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Natural Grocers by Vitamin Cottage was $945.5 million, up 2.4% year-over-year; for FY2025 (ended Sep 30, 2025), it was $932.96 million, up 6.4% from FY2024.
- Annual Cost of Revenue has increased for 14 consecutive fiscal years, with a five-year compound annual growth rate of 4.4% (FY2020 to FY2025).
- In prior fiscal years, Natural Grocers by Vitamin Cottage's Cost of Revenue was $876.78 million in FY2024 (+7.8%), $813.64 million in FY2023 (+3.7%), $784.74 million in FY2022 (+2.8%) and $763.33 million in FY2021 (+1.3%).
- Quarterly Cost of Revenue has run from a low of $192.75 million in fiscal Q3 2022 to a high of $237.12 million in fiscal Q4 2025 over five years.
- On a year-over-year basis, Cost of Revenue has increased in each of the last 20 quarters, with growth averaging 4.9% over the last eight quarters.
- The year-over-year growth in Cost of Revenue has ranged between 0.4% (fiscal Q2 2026) and 9.2% (fiscal Q3 2024) over the last five years.
- According to Business Quant data, Cost of Revenue for the three prior fiscal quarters was $234.93 million (Q2 2026), $236.72 million (Q1 2026) and $237.12 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 827.17 Bn | 789.87 Bn | 49.13 Bn | 138.80 Bn |
| 2 | Costco Wholesale | 408.32 Bn | 337.62 Bn | 9.01 Bn | 61.52 Bn |
| 3 | Sysco | 37.11 Bn | 31.36 Bn | 4.13 Bn | 17.99 Bn |
| 4 | Kroger | 34.86 Bn | 21.01 Bn | 7.86 Bn | 26.76 Bn |
| 5 | Dollar General | 26.24 Bn | 20.91 Bn | 3.68 Bn | 7.61 Bn |
| 6 | Caseys General Stores | 22.83 Bn | 20.83 Bn | 1.24 Bn | 4.44 Bn |
| 7 | Dollar Tree | 21.05 Bn | 17.67 Bn | 2.10 Bn | 2.79 Bn |
| 8 | US Foods Holding | 20.97 Bn | 20.76 Bn | 1.92 Bn | 8.61 Bn |
| 9 | Tractor Supply | 16.22 Bn | 15.39 Bn | 1.68 Bn | 2.86 Bn |
| 10 | Natural Grocers by Vitamin Cottage | 704.74 Mn | 626.23 Mn | 98.01 Mn | 236.73 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 236.73 Mn |
| Mar 31, 2026 | 234.93 Mn |
| Dec 31, 2025 | 236.72 Mn |
| Sep 30, 2025 | 237.12 Mn |
| Jun 30, 2025 | 230.43 Mn |
| Mar 31, 2025 | 234.02 Mn |
| Dec 31, 2024 | 231.40 Mn |
| Sep 30, 2024 | 227.30 Mn |
| Jun 30, 2024 | 218.75 Mn |
| Mar 31, 2024 | 217.74 Mn |
| Dec 31, 2023 | 212.99 Mn |
| Sep 30, 2023 | 210.73 Mn |
| Jun 30, 2023 | 200.40 Mn |
| Mar 31, 2023 | 200.77 Mn |
| Dec 31, 2022 | 201.74 Mn |
| Sep 30, 2022 | 198.40 Mn |
| Jun 30, 2022 | 192.75 Mn |
| Mar 31, 2022 | 195.04 Mn |
| Dec 31, 2021 | 198.55 Mn |
| Sep 30, 2021 | 196.86 Mn |
Natural Grocers by Vitamin Cottage Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NGVC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "NGVC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NGVC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();