Natural Grocers by Vitamin Cottage (NGVC) Operating Income (2011 - 2026)
Natural Grocers by Vitamin Cottage's (NGVC) quarterly Operating Income came in at $15.0 million in Q2 2026, down 3.79% year-over-year from $15.6 million in Q2 2025, and down 17.17% quarter-over-quarter from $18.1 million in Q1 2026.
Analysis
Natural Grocers by Vitamin Cottage (NGVC) Operating Income (2011 - 2026) Analysis & Trends
Natural Grocers by Vitamin Cottage has disclosed Operating Income across 16 years of filings, most recently posting $15.0 million for Q2 2026.
- In Q2 2026, Operating Income fell 3.79% year-over-year to $15.0 million; the TTM figure through Jun 2026 stood at $63.2 million (up 8.02% YoY), while the FY2025 annual figure was $62.0 million, up 31.96% from the prior year.
- Operating Income came in at $15.0 million for Q2 2026 at Natural Grocers by Vitamin Cottage, down from $18.1 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $18.1 million in Q1 2026 to a low of $3.6 million in Q3 2022.
- Average Operating Income over 5 years is $11.5 million, with a median of $11.7 million recorded in 2024.
- Year-over-year, Operating Income tumbled 61.41% in 2022 and soared 113.97% in 2023.
- Over 5 years, Operating Income stood at $6.4 million in 2022, then surged by 68.35% to $10.8 million in 2023, then advanced by 23.56% to $13.3 million in 2024, then increased by 9.73% to $14.6 million in 2025, then gained by 2.38% to $15.0 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $15.0 million in Q2 2026, $18.1 million in Q1 2026, and $14.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Kroger | 36.87 Bn | 33.54 Bn | 8.12 Bn | 1.25 Bn |
| 2 | Sprouts Farmers Market | 6.91 Bn | 6.69 Bn | 900.65 Mn | 174.17 Mn |
| 3 | Albertsons Companies | 6.46 Bn | 6.26 Bn | 5.51 Bn | -506.70 Mn |
| 4 | Weis Markets | 1.73 Bn | 1.52 Bn | 328.40 Mn | 29.11 Mn |
| 5 | Ingles Markets | 1.54 Bn | 1.08 Bn | 332.44 Mn | 34.48 Mn |
| 6 | Sally Beauty Holdings | 1.52 Bn | 1.35 Bn | 490.25 Mn | 86.40 Mn |
| 7 | Grocery Outlet Holding | 1.12 Bn | 1.04 Bn | 360.72 Mn | 15.77 Mn |
| 8 | Petco Health & Wellness Company | 704.08 Mn | 410.58 Mn | 591.15 Mn | 47.81 Mn |
| 9 | Dingdong (Cayman) | 692.76 Mn | 426.58 Mn | 1.64 Mn | -10.38 Mn |
| 10 | Natural Grocers by Vitamin Cottage | 628.61 Mn | 611.14 Mn | 98.01 Mn | 15.00 Mn |
Historic Data
Download Data
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 |