Natural Grocers by Vitamin Cottage (NGVC) Operating Income (2011 - 2026)
Natural Grocers by Vitamin Cottage (NGVC) posted Operating Income of $15 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 3.8% from $15.59 million a year earlier and down 17.2% from the prior quarter.
Natural Grocers by Vitamin Cottage (NGVC) Operating Income (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Income at Natural Grocers by Vitamin Cottage was $63.25 million, up 8.0% year-over-year; for FY2025 (ended Sep 30, 2025), it was $61.99 million, up 32.0% from FY2024.
- Annual Operating Income has increased for eight consecutive fiscal years, with a five-year compound annual growth rate of 17.4% (FY2020 to FY2025).
- In prior fiscal years, Natural Grocers by Vitamin Cottage's Operating Income was $46.98 million in FY2024 (+48.3%), $31.67 million in FY2023 (+5.0%), $30.16 million in FY2022 (+6.5%) and $28.33 million in FY2021 (+2.1%).
- Quarterly Operating Income has run from a low of $3.62 million in fiscal Q4 2022 to a high of $18.11 million in fiscal Q2 2026 over five years.
- On a year-over-year basis, Operating Income increased in seven of the last eight quarters, with growth averaging 24.3%.
- The strongest year-over-year quarter for Operating Income in the past five years was fiscal Q1 2022, with growth of 131.1%; the weakest was fiscal Q4 2022, with a decline of 61.4%.
- According to Business Quant data, Operating Income for the three prior fiscal quarters was $18.11 million (Q2 2026), $14.65 million (Q1 2026) and $15.5 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 847.32 Bn | 810.03 Bn | 49.13 Bn | 9.38 Bn |
| 2 | Costco Wholesale | 410.07 Bn | 339.37 Bn | 9.01 Bn | 2.82 Bn |
| 3 | Sysco | 37.60 Bn | 31.85 Bn | 4.13 Bn | 983.00 Mn |
| 4 | Kroger | 35.90 Bn | 22.05 Bn | 7.86 Bn | 971.00 Mn |
| 5 | Dollar General | 27.06 Bn | 21.73 Bn | 3.68 Bn | 769.16 Mn |
| 6 | Caseys General Stores | 22.17 Bn | 20.17 Bn | 1.24 Bn | 485.08 Mn |
| 7 | Dollar Tree | 21.26 Bn | 17.89 Bn | 2.10 Bn | 690.10 Mn |
| 8 | US Foods Holding | 20.27 Bn | 20.07 Bn | 1.92 Bn | 443.00 Mn |
| 9 | Tractor Supply | 16.44 Bn | 15.61 Bn | 1.68 Bn | 467.12 Mn |
| 10 | Natural Grocers by Vitamin Cottage | 700.36 Mn | 621.85 Mn | 98.01 Mn | 15.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.00 Mn |
| Mar 31, 2026 | 18.11 Mn |
| Dec 31, 2025 | 14.65 Mn |
| Sep 30, 2025 | 15.50 Mn |
| Jun 30, 2025 | 15.59 Mn |
| Mar 31, 2025 | 17.55 Mn |
| Dec 31, 2024 | 13.35 Mn |
| Sep 30, 2024 | 12.07 Mn |
| Jun 30, 2024 | 12.85 Mn |
| Mar 31, 2024 | 11.26 Mn |
| Dec 31, 2023 | 10.80 Mn |
| Sep 30, 2023 | 7.74 Mn |
| Jun 30, 2023 | 9.08 Mn |
| Mar 31, 2023 | 8.43 Mn |
| Dec 31, 2022 | 6.42 Mn |
| Sep 30, 2022 | 3.62 Mn |
| Jun 30, 2022 | 5.65 Mn |
| Mar 31, 2022 | 8.86 Mn |
| Dec 31, 2021 | 12.02 Mn |
| Sep 30, 2021 | 9.37 Mn |
Natural Grocers by Vitamin Cottage Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=NGVC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "NGVC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=NGVC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();