Natural Grocers by Vitamin Cottage (NGVC) Gross Margin (2011 - 2026)
Natural Grocers by Vitamin Cottage's (NGVC) quarterly Gross Margin came in at 29.28% in Q2 2026, down 62.0% year-over-year from 77.05% in Q2 2025, and down 3.58% quarter-over-quarter from 30.36% in Q1 2026.
Analysis
Natural Grocers by Vitamin Cottage (NGVC) Gross Margin (2011 - 2026) Analysis & Trends
Natural Grocers by Vitamin Cottage has disclosed Gross Margin across 16 years of filings, most recently posting 29.28% for Q2 2026.
- In Q2 2026, Gross Margin fell 62.0% year-over-year to 29.28%; the TTM figure through Jun 2026 stood at 29.64% (down 28.0% YoY), while the FY2025 annual figure was 29.9%, up 51.0% from the prior year.
- Gross Margin came in at 29.28% for Q2 2026 at Natural Grocers by Vitamin Cottage, down from 30.36% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 30.36% in Q1 2026 to a low of 27.62% in Q2 2022.
- Average Gross Margin over 5 years is 29.13%, with a median of 29.3% recorded in 2026.
- Year-over-year, Gross Margin jumped 135 bps in 2023 and sank 62 bps in 2026.
- Over 5 years, Gross Margin stood at 28.07% in 2022, then advanced by 5 bps to 29.42% in 2023, then advanced by 2 bps to 29.93% in 2024, then decreased by 2 bps to 29.46% in 2025, then fell by 1 bps to 29.28% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 29.28% in Q2 2026, 30.36% in Q1 2026, and 29.46% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kroger | 37.09 Bn | 33.76 Bn | 8.12 Bn | 23.39% |
| 2 | Sprouts Farmers Market | 6.80 Bn | 6.57 Bn | 900.65 Mn | 38.72% |
| 3 | Albertsons Companies | 6.38 Bn | 6.19 Bn | 5.51 Bn | 27.22% |
| 4 | Weis Markets | 1.76 Bn | 1.55 Bn | 328.40 Mn | 25.75% |
| 5 | Ingles Markets | 1.56 Bn | 1.10 Bn | 332.44 Mn | 24.30% |
| 6 | Sally Beauty Holdings | 1.50 Bn | 1.33 Bn | 490.25 Mn | 52.41% |
| 7 | Grocery Outlet Holding | 1.10 Bn | 1.02 Bn | 360.72 Mn | 30.24% |
| 8 | Dingdong (Cayman) | 705.44 Mn | 439.26 Mn | 1.64 Mn | 15.21% |
| 9 | Petco Health & Wellness Company | 694.08 Mn | 400.58 Mn | 591.15 Mn | 39.70% |
| 10 | Natural Grocers by Vitamin Cottage | 646.35 Mn | 628.88 Mn | 98.01 Mn | 29.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.28% |
| Mar 31, 2026 | 30.36% |
| Dec 31, 2025 | 29.46% |
| Sep 30, 2025 | 29.46% |
| Jun 30, 2025 | 29.90% |
| Mar 31, 2025 | 30.30% |
| Dec 31, 2024 | 29.93% |
| Sep 30, 2024 | 29.55% |
| Jun 30, 2024 | 29.23% |
| Mar 31, 2024 | 29.33% |
| Dec 31, 2023 | 29.42% |
| Sep 30, 2023 | 28.58% |
| Jun 30, 2023 | 28.88% |
| Mar 31, 2023 | 29.12% |
| Dec 31, 2022 | 28.07% |
| Sep 30, 2022 | 27.64% |
| Jun 30, 2022 | 27.62% |
| Mar 31, 2022 | 28.25% |
| Dec 31, 2021 | 28.40% |
| Sep 30, 2021 | 27.80% |