Natural Grocers by Vitamin Cottage annual gross margin
2011
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2025
Natural Grocers by Vitamin Cottage Gross Margin Growth & History (NGVC)
Natural Grocers by Vitamin Cottage's gross margin was 29.90% for fiscal 2025.
View full Natural Grocers by Vitamin Cottage company overviewNatural Grocers by Vitamin Cottage annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-09-30 | 29.90% | +0.51 pp |
| 2024 | 2024-09-30 | 29.38% | +0.72 pp |
| 2023 | 2023-09-30 | 28.66% | +0.68 pp |
| 2022 | 2022-09-30 | 27.98% | +0.30 pp |
| 2021 | 2021-09-30 | 27.68% | +0.37 pp |
| 2020 | 2020-09-30 | 27.31% | +0.89 pp |
| 2019 | 2019-09-30 | 26.42% | −0.14 pp |
| 2018 | 2018-09-30 | 26.57% | −1.04 pp |
| 2017 | 2017-09-30 | 27.61% | −0.99 pp |
| 2016 | 2016-09-30 | 28.60% | −0.55 pp |
| 2015 | 2015-09-30 | 29.15% | +0.05 pp |
| 2014 | 2014-09-30 | 29.10% | −0.10 pp |
| 2013 | 2013-09-30 | 29.20% | −0.25 pp |
| 2012 | 2012-09-30 | 29.45% | +0.20 pp |
| 2011 | 2011-09-30 | 29.25% | — |
Natural Grocers by Vitamin Cottage quarterly gross margin
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Q3.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-06-30 | 29.28% | −0.62 pp |
| Q2 2026 | 2026-03-31 | 30.36% | +0.06 pp |
| Q1 2026 | 2025-12-31 | 29.46% | −0.47 pp |
| Q4 2025 | 2025-09-30 | 29.46% | −0.10 pp |
| Q3 2025 | 2025-06-30 | 29.90% | +0.67 pp |
| Q2 2025 | 2025-03-31 | 30.30% | +0.98 pp |
| Q1 2025 | 2024-12-31 | 29.93% | +0.51 pp |
| Q4 2024 | 2024-09-30 | 29.55% | — |
| Q3 2024 | 2024-06-30 | 29.23% | +0.34 pp |
| Q2 2024 | 2024-03-31 | 29.33% | +0.21 pp |
| Q1 2024 | 2023-12-31 | 29.42% | — |
| Q3 2023 | 2023-06-30 | 28.88% | +1.26 pp |
| Q2 2023 | 2023-03-31 | 29.12% | +0.87 pp |
| Q4 2022 | 2022-09-30 | 27.64% | −0.15 pp |
| Q3 2022 | 2022-06-30 | 27.62% | −0.04 pp |
| Q2 2022 | 2022-03-31 | 28.25% | +0.54 pp |
| Q1 2022 | 2021-12-31 | 28.40% | +0.84 pp |
| Q4 2021 | 2021-09-30 | 27.80% | +0.39 pp |
| Q3 2021 | 2021-06-30 | 27.66% | +0.36 pp |
| Q2 2021 | 2021-03-31 | 27.71% | −0.33 pp |
| Q1 2021 | 2020-12-31 | 27.55% | +1.24 pp |
| Q4 2020 | 2020-09-30 | 27.41% | +1.46 pp |
| Q3 2020 | 2020-06-30 | 27.30% | +1.27 pp |
| Q2 2020 | 2020-03-31 | 28.04% | +1.04 pp |
| Q1 2020 | 2019-12-31 | 26.31% | −0.39 pp |
| Q4 2019 | 2019-09-30 | 25.95% | −0.39 pp |
| Q3 2019 | 2019-06-30 | 26.03% | −0.63 pp |
| Q2 2019 | 2019-03-31 | 27.00% | +0.00 pp |
| Q1 2019 | 2018-12-31 | 26.70% | +0.45 pp |
| Q4 2018 | 2018-09-30 | 26.34% | −0.47 pp |
| Q3 2018 | 2018-06-30 | 26.66% | −0.44 pp |
| Q2 2018 | 2018-03-31 | 26.99% | −1.18 pp |
| Q1 2018 | 2017-12-31 | 26.25% | −2.16 pp |
| Q4 2017 | 2017-09-30 | 26.82% | −1.32 pp |
| Q3 2017 | 2017-06-30 | 27.11% | −1.30 pp |
| Q2 2017 | 2017-03-31 | 28.18% | −0.91 pp |
| Q1 2017 | 2016-12-31 | 28.41% | −0.37 pp |
| Q4 2016 | 2016-09-30 | 28.14% | −0.67 pp |
| Q3 2016 | 2016-06-30 | 28.41% | −0.68 pp |
| Q2 2016 | 2016-03-31 | 29.09% | −0.62 pp |
| Q1 2016 | 2015-12-31 | 28.78% | −0.21 pp |
| Q4 2015 | 2015-09-30 | 28.81% | +0.26 pp |
| Q3 2015 | 2015-06-30 | 29.08% | +0.28 pp |
| Q2 2015 | 2015-03-31 | 29.71% | −0.02 pp |
| Q1 2015 | 2014-12-31 | 28.99% | −0.35 pp |
| Q4 2014 | 2014-09-30 | 28.56% | −0.52 pp |
| Q3 2014 | 2014-06-30 | 28.81% | +0.01 pp |
| Q2 2014 | 2014-03-31 | 29.73% | −0.15 pp |
| Q1 2014 | 2013-12-31 | 29.34% | +0.29 pp |
| Q4 2013 | 2013-09-30 | 29.07% | −0.25 pp |
| Q3 2013 | 2013-06-30 | 28.80% | −0.49 pp |
| Q2 2013 | 2013-03-31 | 29.88% | −0.37 pp |
| Q1 2013 | 2012-12-31 | 29.05% | +0.19 pp |
| Q4 2012 | 2012-09-30 | 29.33% | — |
| Q3 2012 | 2012-06-30 | 29.29% | — |
| Q2 2012 | 2012-03-31 | 30.25% | — |
| Q1 2012 | 2011-12-31 | 28.86% | — |
Natural Grocers by Vitamin Cottage gross margin trends
Over the last five fiscal years, Natural Grocers by Vitamin Cottage's gross margin increased from 27.31% to 29.90%, a change of +2.59 percentage points. The latest reported quarter, Q3 2026, shows 29.28%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Natural Grocers by Vitamin Cottage source filings ↗