Growth Metrics

Natural Grocers by Vitamin Cottage (NGVC) Gross Margin (2016 - 2025)

Natural Grocers by Vitamin Cottage's Gross Margin history spans 15 years, with the latest figure at 29.46% for Q4 2025.

  • For Q4 2025, Gross Margin fell 47.0% year-over-year to 29.46%; the TTM value through Dec 2025 reached 29.78%, up 26.0%, while the annual FY2025 figure was 29.9%, 51.0% up from the prior year.
  • Gross Margin for Q4 2025 was 29.46% at Natural Grocers by Vitamin Cottage, roughly flat from 29.46% in the prior quarter.
  • Across five years, Gross Margin topped out at 30.3% in Q1 2025 and bottomed at 27.62% in Q2 2022.
  • The 5-year median for Gross Margin is 29.0% (2023), against an average of 28.82%.
  • The largest annual shift saw Gross Margin skyrocketed 135bps in 2023 before it plummeted -47bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 28.4% in 2021, then fell by -1bps to 28.07% in 2022, then rose by 5bps to 29.42% in 2023, then rose by 2bps to 29.93% in 2024, then fell by -2bps to 29.46% in 2025.
  • Per Business Quant, the three most recent readings for NGVC's Gross Margin are 29.46% (Q4 2025), 29.46% (Q3 2025), and 29.9% (Q2 2025).