Natural Grocers by Vitamin Cottage (NGVC) Cost of Revenue (2011 - 2026)
Natural Grocers by Vitamin Cottage recorded quarterly Cost of Revenue of $234.9 million in Q1 2026, down 0.75% quarter-over-quarter from $236.7 million in Q4 2025, and little changed year-over-year from $234.0 million in Q1 2025.
Natural Grocers by Vitamin Cottage's Cost of Revenue history runs 16 years deep, the most recent figure standing at $234.9 million for Q1 2026.
- In Q1 2026, Cost of Revenue changed 0.39% year-over-year to $234.9 million; the TTM figure through Mar 2026 stood at $939.2 million (up 3.04% YoY), while the FY2025 annual figure was $933.0 million, up 6.41% from the prior year.
- Cost of Revenue came in at $234.9 million for Q1 2026 at Natural Grocers by Vitamin Cottage, down from $236.7 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $237.1 million in Q3 2025 to a low of $192.8 million in Q2 2022.
- A 5-year average of $216.5 million and a median of $217.7 million in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue grew 9.16% in 2024 and grew 0.39% in 2026, its largest moves.
- Natural Grocers by Vitamin Cottage's Cost of Revenue stood at $201.7 million in 2022, then rose by 5.58% to $213.0 million in 2023, then rose by 8.64% to $231.4 million in 2024, then rose by 2.3% to $236.7 million in 2025, then fell by 0.75% to $234.9 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $234.9 million, $236.7 million, and $237.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Kroger | 43.85 Bn | 40.52 Bn | 8.12 Bn | 26.60 Bn |
| 2 | Albertsons Companies | 8.84 Bn | 8.64 Bn | 5.51 Bn | 14.74 Bn |
| 3 | Sprouts Farmers Market | 8.22 Bn | 7.97 Bn | 917.28 Mn | 1.41 Bn |
| 4 | Weis Markets | 1.79 Bn | 1.59 Bn | 330.25 Mn | 925.67 Mn |
| 5 | Grocery Outlet Holding | 788.88 Mn | 729.89 Mn | 345.20 Mn | 821.15 Mn |
| 6 | Natural Grocers by Vitamin Cottage | 662.10 Mn | 641.38 Mn | 102.44 Mn | 234.93 Mn |
| 7 | Krispy Kreme | 562.50 Mn | 489.27 Mn | 356.92 Mn | 10.12 Mn |
| 8 | Ingles Markets | 393.09 Mn | -32.08 Mn | 325.26 Mn | 982.60 Mn |
| 9 | Village Super Market | 190.86 Mn | 30.76 Mn | - | - |
| 10 | VenHub Global | 116.00 Mn | 110.21 Mn | 3,689.00 | 64,147.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 234.93 Mn |
| Mar 31, 2026 | 234.93 Mn |
| Dec 31, 2025 | 236.72 Mn |
| Dec 31, 2025 | 236.72 Mn |
| Sep 30, 2025 | 237.12 Mn |
| Sep 30, 2025 | 237.12 Mn |
| Jun 30, 2025 | 230.43 Mn |
| Jun 30, 2025 | 230.43 Mn |
| Mar 31, 2025 | 234.02 Mn |
| Mar 31, 2025 | 234.02 Mn |
| Dec 31, 2024 | 231.40 Mn |
| Dec 31, 2024 | 231.40 Mn |
| Sep 30, 2024 | 227.30 Mn |
| Sep 30, 2024 | 227.30 Mn |
| Jun 30, 2024 | 218.75 Mn |
| Jun 30, 2024 | 218.75 Mn |
| Mar 31, 2024 | 217.74 Mn |
| Mar 31, 2024 | 217.74 Mn |
| Dec 31, 2023 | 212.99 Mn |
| Dec 31, 2023 | 212.99 Mn |
| Sep 30, 2023 | 210.73 Mn |
| Sep 30, 2023 | 210.73 Mn |
| Jun 30, 2023 | 200.40 Mn |
| Jun 30, 2023 | 200.40 Mn |
| Mar 31, 2023 | 200.77 Mn |
| Mar 31, 2023 | 200.77 Mn |
| Dec 31, 2022 | 201.74 Mn |
| Dec 31, 2022 | 201.74 Mn |
| Sep 30, 2022 | 198.40 Mn |
| Sep 30, 2022 | 198.40 Mn |
| Jun 30, 2022 | 192.75 Mn |
| Jun 30, 2022 | 192.75 Mn |
| Mar 31, 2022 | 195.04 Mn |
| Mar 31, 2022 | 195.04 Mn |
| Dec 31, 2021 | 198.55 Mn |
| Dec 31, 2021 | 198.55 Mn |
| Sep 30, 2021 | 196.86 Mn |
| Sep 30, 2021 | 196.86 Mn |
| Jun 30, 2021 | 187.08 Mn |
| Jun 30, 2021 | 187.08 Mn |
| Mar 31, 2021 | 187.37 Mn |
| Mar 31, 2021 | 187.37 Mn |
| Dec 31, 2020 | 192.02 Mn |
| Dec 31, 2020 | 192.02 Mn |
| Sep 30, 2020 | 191.77 Mn |
| Sep 30, 2020 | 191.77 Mn |
| Jun 30, 2020 | 192.73 Mn |
| Jun 30, 2020 | 192.73 Mn |
| Mar 31, 2020 | 199.70 Mn |
| Mar 31, 2020 | 199.70 Mn |
| Dec 31, 2019 | 169.51 Mn |
| Dec 31, 2019 | 169.51 Mn |
| Sep 30, 2019 | 168.24 Mn |
| Sep 30, 2019 | 168.24 Mn |
| Jun 30, 2019 | 165.99 Mn |
| Jun 30, 2019 | 165.99 Mn |
| Mar 31, 2019 | 168.23 Mn |
| Mar 31, 2019 | 168.23 Mn |
| Dec 31, 2018 | 162.37 Mn |
| Dec 31, 2018 | 162.37 Mn |
| Sep 30, 2018 | 160.22 Mn |
| Sep 30, 2018 | 160.22 Mn |
| Jun 30, 2018 | 156.30 Mn |
| Jun 30, 2018 | 156.30 Mn |
| Mar 31, 2018 | 157.63 Mn |
| Mar 31, 2018 | 157.63 Mn |
| Dec 31, 2017 | 149.32 Mn |
| Dec 31, 2017 | 149.32 Mn |
| Sep 30, 2017 | 145.30 Mn |
| Sep 30, 2017 | 145.30 Mn |
| Jun 30, 2017 | 141.93 Mn |
| Jun 30, 2017 | 141.93 Mn |
| Mar 31, 2017 | 138.05 Mn |
| Mar 31, 2017 | 138.05 Mn |
| Dec 31, 2016 | 131.42 Mn |
| Dec 31, 2016 | 131.42 Mn |
| Sep 30, 2016 | 130.10 Mn |
| Sep 30, 2016 | 130.10 Mn |
| Jun 30, 2016 | 128.34 Mn |
| Jun 30, 2016 | 128.34 Mn |
| Mar 31, 2016 | 125.79 Mn |
| Mar 31, 2016 | 125.79 Mn |
| Dec 31, 2015 | 119.49 Mn |
| Dec 31, 2015 | 119.49 Mn |
| Sep 30, 2015 | 115.61 Mn |
| Sep 30, 2015 | 115.61 Mn |
| Jun 30, 2015 | 112.51 Mn |
| Jun 30, 2015 | 112.51 Mn |
| Mar 31, 2015 | 110.87 Mn |
| Mar 31, 2015 | 110.87 Mn |
| Dec 31, 2014 | 103.59 Mn |
| Dec 31, 2014 | 103.59 Mn |
| Sep 30, 2014 | 96.96 Mn |
| Sep 30, 2014 | 96.96 Mn |
| Jun 30, 2014 | 95.42 Mn |
| Jun 30, 2014 | 95.42 Mn |
| Mar 31, 2014 | 91.59 Mn |
| Mar 31, 2014 | 91.59 Mn |
| Dec 31, 2013 | 85.20 Mn |
| Dec 31, 2013 | 85.20 Mn |
| Sep 30, 2013 | 81,689.00 |
| Sep 30, 2013 | 81,689.00 |
| Jun 30, 2013 | 80,571.00 |
| Jun 30, 2013 | 80,571.00 |
| Mar 31, 2013 | 74,668.00 |
| Mar 31, 2013 | 74,668.00 |
| Dec 31, 2012 | 67,994.00 |
| Dec 31, 2012 | 67,994.00 |
| Sep 30, 2012 | 63.56 Mn |
| Sep 30, 2012 | 63.56 Mn |
| Jun 30, 2012 | 61.31 Mn |
| Jun 30, 2012 | 61.31 Mn |
| Mar 31, 2012 | 59.22 Mn |
| Mar 31, 2012 | 59.22 Mn |
| Dec 31, 2011 | 53.24 Mn |
| Dec 31, 2011 | 53.24 Mn |