Natural Grocers By Vitamin Cottage, Inc. revenue

Natural Grocers By Vitamin Cottage, Inc.'s revenue was $1.33bn in fiscal 2025, up 7.2% on the year before. Since fiscal 2011 ($265m) it has grown at a compound 12.2% a year. Over the last twelve months it was $1.34bn.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Natural Grocers By Vitamin Cottage, Inc.: revenue history, annual
Fiscal year	2011Sept 2011	2012Sept 2012	2013Sept 2013	2014Sept 2014	2015Sept 2015	2016Sept 2016	2017Sept 2017	2018Sept 2018	2019Sept 2019	2020Sept 2020	2021Sept 2021	2022Sept 2022	2023Sept 2023	2024Sept 2024	2025Sept 2025	LTMJun 2026
Revenue	265	336	431	521	625	705	769	849	904	1,037	1,056	1,090	1,141	1,242	1,331	1,344
Growth on the year before	—	+27.2%	+28.0%	+20.9%	+20.0%	+12.9%	+9.0%	+10.4%	+6.4%	+14.7%	+1.8%	+3.2%	+4.7%	+8.9%	+7.2%	—
Gross profit	77	99	126	152	182	202	212	226	239	283	292	305	327	365	398	398
Gross margin	29.3%	29.4%	29.2%	29.1%	29.2%	28.6%	27.6%	26.6%	26.4%	27.3%	27.7%	28.0%	28.7%	29.4%	29.9%	29.6%

US$ millions unless shown otherwise. Fiscal quarters.

Natural Grocers By Vitamin Cottage, Inc.: revenue history, quarterly
Quarter	2024 Q4Sept 2024	2025 Q1Dec 2024	2025 Q2Mar 2025	2025 Q3Jun 2025	2025 Q4Sept 2025	2026 Q1Dec 2025	2026 Q2Mar 2026	2026 Q3Jun 2026
Revenue	323	330	336	329	336	336	337	335
Growth on the same quarter a year before	—	—	—	—	+4.2%	+1.6%	+0.5%	+1.8%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to September 30, 2025

Products and services
Line of business	Revenue	Share	YoY
Grocery	$952M	71.1%	▲ 8.4%
Dietary Supplements	$253M	18.9%	▲ 3.7%
Manufactured Product Other	$126M	9.4%	▲ 5.3%
Vendor Reimbursements	$9.3M	0.7%	▲ 17.7%

From Natural Grocers By Vitamin Cottage, Inc.'s 10-K filed December 11, 2025, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Food Retail: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Natural Grocers By Vitamin Cottage, Inc.	$1.34bn	2.0%	6.3%
Village Super Market Inc	$2.41bn	3.7%	3.6%
Grocery Outlet Holding Corp.	$4.74bn	5.1%	7.4%
Weis Markets Inc	$5.07bn	4.7%	1.8%
Ingles Markets Inc	$5.42bn	1.0%	-2.0%
Sprouts Farmers Market, Inc.	$9.11bn	5.3%	10.7%

Compare with peers

Head to head: NGVC vs VLGEA GO vs NGVC NGVC vs WMK

More: Food Retail stocks compared, Consumer Staples sector, rankings of US companies

Figures from Natural Grocers By Vitamin Cottage, Inc.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Natural Grocers By Vitamin Cottage, Inc.