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

Natural Grocers by Vitamin Cottage's Operating Expenses history runs 16 years deep, the most recent figure standing at $79.3 million for Q1 2026.

• In Q1 2026, Operating Expenses changed 0.1% year-over-year to $79.3 million; the TTM figure through Mar 2026 stood at $180.1 million (up 72.33% YoY), while the FY2025 annual figure was $18.2 million, down 7.82% from the prior year.
• Operating Expenses came in at $79.3 million for Q1 2026 at Natural Grocers by Vitamin Cottage, up from $78.8 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $79.3 million in Q1 2026 to a low of $4.7 million in Q4 2024.
• A 5-year average of $21.6 million and a median of $9.9 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses slumped 52.67% in 2024 and surged 1574.34% in 2025, its largest moves.
• Natural Grocers by Vitamin Cottage's Operating Expenses stood at $8.7 million in 2022, then advanced by 14.23% to $9.9 million in 2023, then plunged by 52.67% to $4.7 million in 2024, then surged by 1574.34% to $78.8 million in 2025, then climbed by 0.59% to $79.3 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $79.3 million, $78.8 million, and $11.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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