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Natural Grocers by Vitamin Cottage (NGVC) Operating Expenses (2016 - 2025)

Natural Grocers by Vitamin Cottage's Operating Expenses history spans 15 years, with the latest figure at $5.0 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 6.93% year-over-year to $5.0 million; the TTM value through Dec 2025 reached $38.5 million, up 9.32%, while the annual FY2025 figure was $18.2 million, 7.82% down from the prior year.
  • Operating Expenses for Q4 2025 was $5.0 million at Natural Grocers by Vitamin Cottage, down from $11.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $11.4 million in Q1 2025 and bottomed at $4.7 million in Q4 2024.
  • The 5-year median for Operating Expenses is $9.0 million (2022), against an average of $8.8 million.
  • The largest annual shift saw Operating Expenses grew 24.29% in 2023 before it tumbled 52.67% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $7.4 million in 2021, then increased by 18.02% to $8.7 million in 2022, then increased by 14.23% to $9.9 million in 2023, then crashed by 52.67% to $4.7 million in 2024, then grew by 6.93% to $5.0 million in 2025.
  • Per Business Quant, the three most recent readings for NGVC's Operating Expenses are $5.0 million (Q4 2025), $11.0 million (Q3 2025), and $11.0 million (Q2 2025).