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Other geography segments

CO
4,500%-2.2%
TX
2,500%+8.7%
OR
1,400%0.0%
AZ
1,100%-8.3%
KS
800%0.0%
UT
800%0.0%
MO
700%0.0%
IA
600%0.0%
ID
600%0.0%
NM
600%0.0%
OK
600%0.0%
WA
500%0.0%
MT
400%0.0%
AR
300%0.0%
ND
300%0.0%
NE
300%0.0%
WY
200%0.0%
LA
100%0.0%
MN
100%0.0%
SD
100%0.0%

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SHOONumber of Stores
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ULTAUS — Number Of Stores
1.5K

Other financials

Income statement

See full
Revenue$337.4M+0.5%
Gross profit$75.8M0.0%
Operating income$3.6M-61.4%
Net income$13.4M+2.5%
EPS (diluted)$0.09-71.9%

Balance sheet

See full
Cash & equivalents$20.7M-2.3%
Total debt$328.7M-3.2%
Total equity$230.9M+19.7%
Total assets$684.7M+3.0%

Cash flow

See full
Operating cash flow$22.7M-33.3%
CapEx$20.4M+217%
Free cash flow$2.3M-91.5%

Valuation

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Market cap$753.2M-20.5%
Enterprise value$1.06B-16.2%
P/E15.6×-7.3×
P/S0.6×-0.2×

Profitability

See full
Gross margin28%+0.3pp
Operating margin2.8%+0.1pp
Net margin3.6%+0.4pp
FCF margin3.3%

Returns & leverage

See full
Return on equity22.7%-0.6pp
Debt / equity1.4×-0.3×
Current ratio+0.1×

Where this comes from

Reported directly by Natural Grocers by Vitamin Cottage in its filing.

Tagged under the XBRL concept us-gaap:NumberOfStores.

The official record: Natural Grocers by Vitamin Cottage’s 10-K, filed December 11, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Natural Grocers by Vitamin Cottage's NV — number of stores?
Natural Grocers by Vitamin Cottage (NGVC) reported NV — number of stores of 400% in Q3 2025.
What does NV — number of stores mean?
This metric represents the total count of retail locations operating under the company's brand within a specific geographic or operational segment. It serves as a primary indicator of physical footprint expansion and market penetration strategy. Investors use this figure to assess the company's growth trajectory and the scalability of its retail store model.