Natural Grocers by Vitamin Cottage (NGVC) Gross Margin (2011 - 2026)
Natural Grocers by Vitamin Cottage recorded quarterly Gross Margin of 30.36% in Q1 2026, up 3.07% quarter-over-quarter from 29.46% in Q4 2025, and up 6.0% year-over-year from 28.65% in Q1 2025.
Natural Grocers by Vitamin Cottage's Gross Margin history runs 16 years deep, the most recent figure standing at 30.36% for Q1 2026.
- In Q1 2026, Gross Margin rose 6.0% year-over-year to 30.36%; the TTM figure through Mar 2026 stood at 29.8% (up 3.0% YoY), while the FY2025 annual figure was 29.9%, up 51.0% from the prior year.
- Gross Margin came in at 30.36% for Q1 2026 at Natural Grocers by Vitamin Cottage, up from 29.46% 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.
- A 5-year average of 29.12% and a median of 29.33% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 135 bps in 2023 and sank 47 bps in 2025, its largest moves.
- Natural Grocers by Vitamin Cottage's Gross Margin stood at 28.07% in 2022, then climbed by 5 bps to 29.42% in 2023, then climbed by 2 bps to 29.93% in 2024, then slipped by 2 bps to 29.46% in 2025, then increased by 3 bps to 30.36% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 30.36%, 29.46%, and 29.46% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kroger | 43.85 Bn | 40.52 Bn | 8.12 Bn | 23.39% |
| 2 | Albertsons Companies | 8.84 Bn | 8.64 Bn | 5.51 Bn | 27.22% |
| 3 | Sprouts Farmers Market | 8.22 Bn | 7.97 Bn | 917.28 Mn | 39.38% |
| 4 | Weis Markets | 1.79 Bn | 1.59 Bn | 330.25 Mn | 26.30% |
| 5 | Grocery Outlet Holding | 788.88 Mn | 729.89 Mn | 345.20 Mn | 29.60% |
| 6 | Natural Grocers by Vitamin Cottage | 662.10 Mn | 641.38 Mn | 102.44 Mn | 30.36% |
| 7 | Krispy Kreme | 562.50 Mn | 489.27 Mn | 356.92 Mn | 97.24% |
| 8 | Ingles Markets | 393.09 Mn | -32.08 Mn | 325.26 Mn | 24.87% |
| 9 | Village Super Market | 190.86 Mn | 30.76 Mn | - | - |
| 10 | VenHub Global | 116.00 Mn | 110.21 Mn | 3,689.00 | 5.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 27.66% |
| Mar 31, 2021 | 27.71% |
| Dec 31, 2020 | 27.55% |
| Sep 30, 2020 | 27.41% |
| Jun 30, 2020 | 27.30% |
| Mar 31, 2020 | 28.04% |
| Dec 31, 2019 | 26.31% |
| Sep 30, 2019 | 25.95% |
| Jun 30, 2019 | 26.03% |
| Mar 31, 2019 | 27.00% |
| Dec 31, 2018 | 26.70% |
| Sep 30, 2018 | 26.34% |
| Jun 30, 2018 | 26.66% |
| Mar 31, 2018 | 26.99% |
| Dec 31, 2017 | 26.25% |
| Sep 30, 2017 | 26.82% |
| Jun 30, 2017 | 27.11% |
| Mar 31, 2017 | 28.18% |
| Dec 31, 2016 | 28.41% |
| Sep 30, 2016 | 28.14% |
| Jun 30, 2016 | 28.41% |
| Mar 31, 2016 | 29.09% |
| Dec 31, 2015 | 28.78% |
| Sep 30, 2015 | 28.81% |
| Jun 30, 2015 | 29.08% |
| Mar 31, 2015 | 29.71% |
| Dec 31, 2014 | 28.99% |
| Sep 30, 2014 | 28.56% |
| Jun 30, 2014 | 28.81% |
| Mar 31, 2014 | 29.73% |
| Dec 31, 2013 | 29.34% |
| Sep 30, 2013 | 29.07% |
| Jun 30, 2013 | 28.80% |
| Mar 31, 2013 | 29.88% |
| Dec 31, 2012 | 29.05% |
| Sep 30, 2012 | 29.33% |
| Jun 30, 2012 | 29.29% |
| Mar 31, 2012 | 30.25% |
| Dec 31, 2011 | 28.86% |