FY2025 · ended Sep 30, 2025 · Revenue $1.33B, +7.2% YoY · Filed Dec 11, 2025
Natural Grocers by Vitamin Cottage, Inc. (NGVC) files with the SEC under industry code 5411, Retail-Grocery Stores. In fiscal 2025, which ended Sep 30, 2025, it reported revenue of $1.3 billion and net income of $46.4 million. Free cash flow was $24.1 million. As of Jun 30, 2026 it held $17.5 million in cash and investments and $322.7 million in total debt.
Revenue (TTM)
$1.34B
+2.0% vs year-ago TTM
Net income (TTM)
$47.64M
+9.1% vs year-ago TTM
Operating cash flow (TTM)
$70.72M
+10.2% vs year-ago TTM
Free cash flow (TTM)
$22.71M
-34.2% vs year-ago TTM
EPS (TTM)
$2.05
+9.0% vs year-ago TTM
Dividend per share
None
Shares outstanding
23.03M
+0.6% vs prior year
Net cash
$-305.21M
as of Jun 30, 2026
Operating margin
4.7%
FY 2026
Company profile
- Industry
- Retail-Grocery Stores (SIC 5411)
- Listed as
- NGVC (NYSE)
- Fiscal year ends
- September 30
- Incorporated in
- DE
- Headquarters
- Lakewood, CO
- SEC filer status
- Accelerated filer
- SEC CIK
- 1547459
Other Retail-Grocery Stores companies
- Kroger Co KR
- BBB Foods Inc TBBB
- Albertsons Companies, Inc. ACI
- Sprouts Farmers Market, Inc. SFM
- Ingles Markets Inc IMKTA
- Grocery Outlet Holding Corp. GO
- Yesway, Inc. YSWY
- Village Super Market Inc VLGEA
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Sep 30, 2025 |
FY 2024 Sep 30, 2024 |
FY 2023 Sep 30, 2023 |
FY 2022 Sep 30, 2022 |
FY 2021 Sep 30, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.1B | $1.1B | $1.1B |
| Operating income | $62.0M | $47.0M | $31.7M | $30.2M | $28.3M |
| Net income | $46.4M | $33.9M | $23.2M | $21.4M | $20.6M |
| Diluted EPS | $2.00 | $1.47 | $1.02 | $0.94 | $0.91 |
| Operating cash flow | $55.3M | $73.8M | $64.6M | $39.7M | $53.9M |
| Free cash flow | $24.1M | $36.2M | $28.0M | $11.7M | $27.5M |
| Total assets | $670.5M | $655.5M | $669.2M | $663.1M | $655.1M |
| Total liabilities | $458.1M | $481.2M | $498.3M | $507.3M | $512.3M |
| Stockholders' equity | $212.4M | $174.3M | $170.8M | $155.8M | $142.7M |
| Cash and investments | $17.1M | $8.9M | $18.3M | $12.0M | $23.7M |
| Total debt | $332.0M | $346.5M | $370.2M | $393.4M | $401.5M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Shareholder vote results
|
Sep 15, 2026 | Sep 9, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 6, 2026 | Aug 6, 2026 |
| 10-Q | Quarterly report | Aug 6, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
May 7, 2026 | May 7, 2026 |
| 10-Q | Quarterly report | May 7, 2026 | Mar 31, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Mar 10, 2026 | Mar 4, 2026 |
All 514 Natural Grocers by Vitamin Cottage, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.