Natural Grocers by Vitamin Cottage NGVC
NYSE NGVC
$27.60 +0.23 (+0.84%)
As of: Sep 10, 2026 · 12:58 PM EDT

Natural Grocers by Vitamin Cottage (NGVC) Operating Expenses (2011 - 2026)

Natural Grocers by Vitamin Cottage's (NGVC) quarterly Operating Expenses came in at $79.0 million in Q2 2026, up 0.91% year-over-year from $78.3 million in Q2 2025, and little changed quarter-over-quarter from $79.3 million in Q1 2026.

Analysis

Natural Grocers by Vitamin Cottage (NGVC) Operating Expenses (2011 - 2026) Analysis & Trends

Natural Grocers by Vitamin Cottage has disclosed Operating Expenses across 16 years of filings, most recently posting $79.0 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 0.91% year-over-year to $79.0 million; the TTM figure through Jun 2026 stood at $315.9 million (up 27.13% YoY), while the FY2025 annual figure was $316.7 million, up 6.84% from the prior year.
  • Operating Expenses came in at $79.0 million for Q2 2026 at Natural Grocers by Vitamin Cottage, roughly flat from $79.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $80.3 million in Q4 2024 to a low of $7.8 million in Q2 2022.
  • Average Operating Expenses over 5 years is $36.5 million, with a median of $10.3 million recorded in 2023.
  • Year-over-year, Operating Expenses jumped 707.77% in 2024 and declined 1.89% in 2025.
  • Over 5 years, Operating Expenses stood at $8.7 million in 2022, then gained by 14.23% to $9.9 million in 2023, then jumped by 707.77% to $80.3 million in 2024, then decreased by 1.89% to $78.8 million in 2025, then rose by 0.24% to $79.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $79.0 million in Q2 2026, $79.3 million in Q1 2026, and $78.8 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Kroger 37.14 Bn 33.81 Bn 8.12 Bn 205.00 Mn
2 Sprouts Farmers Market 6.87 Bn 6.64 Bn 900.65 Mn 682.63 Mn
3 Albertsons Companies 6.38 Bn 6.18 Bn 5.51 Bn 6.00 Bn
4 Weis Markets 1.74 Bn 1.53 Bn 328.40 Mn 86.95 Mn
5 Ingles Markets 1.54 Bn 1.09 Bn 332.44 Mn 298.01 Mn
6 Sally Beauty Holdings 1.50 Bn 1.33 Bn 490.25 Mn 403.85 Mn
7 Grocery Outlet Holding 1.12 Bn 1.04 Bn 360.72 Mn 344.95 Mn
8 Petco Health & Wellness Company 708.07 Mn 414.58 Mn 591.15 Mn 543.34 Mn
9 Dingdong (Cayman) 705.44 Mn 439.26 Mn 1.64 Mn -21.14 Mn
10 Natural Grocers by Vitamin Cottage 639.32 Mn 621.86 Mn 98.01 Mn 79.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 79.00 Mn
Mar 31, 2026 79.28 Mn
Dec 31, 2025 78.81 Mn
Sep 30, 2025 78.84 Mn
Jun 30, 2025 78.29 Mn
Mar 31, 2025 79.20 Mn
Dec 31, 2024 80.33 Mn
Sep 30, 2024 10.69 Mn
Jun 30, 2024 9.91 Mn
Mar 31, 2024 9.89 Mn
Dec 31, 2023 9.95 Mn
Sep 30, 2023 10.75 Mn
Jun 30, 2023 9.68 Mn
Mar 31, 2023 8.85 Mn
Dec 31, 2022 8.71 Mn
Sep 30, 2022 9.20 Mn
Jun 30, 2022 7.78 Mn
Mar 31, 2022 8.31 Mn
Dec 31, 2021 7.38 Mn
Sep 30, 2021 7.68 Mn