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Side-by-side financial comparison of Climb Global Solutions, Inc. (CLMB) and Natural Grocers by Vitamin Cottage, Inc. (NGVC). Click either name above to swap in a different company.
Natural Grocers by Vitamin Cottage, Inc. is the larger business by last-quarter revenue ($335.6M vs $193.8M, roughly 1.7× Climb Global Solutions, Inc.). Climb Global Solutions, Inc. runs the higher net margin — 3.6% vs 3.4%, a 0.2% gap on every dollar of revenue. On growth, Climb Global Solutions, Inc. posted the faster year-over-year revenue change (19.8% vs 1.6%). Over the past eight quarters, Climb Global Solutions, Inc.'s revenue compounded faster (44.8% CAGR vs 4.4%).
Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.
Natural Grocers by Vitamin Cottage, Inc. is a U.S.-based specialty retail chain that offers certified organic groceries, dietary supplements, natural personal care items, and eco-friendly household products. It serves health-conscious consumers across multiple U.S. states, following strict quality standards that exclude artificial preservatives, colors, flavors and harmful additives.
CLMB vs NGVC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $193.8M | $335.6M |
| Net Profit | $7.0M | $11.3M |
| Gross Margin | 15.4% | 29.5% |
| Operating Margin | 4.9% | 4.4% |
| Net Margin | 3.6% | 3.4% |
| Revenue YoY | 19.8% | 1.6% |
| Net Profit YoY | -0.1% | 14.0% |
| EPS (diluted) | $1.51 | $0.49 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $193.8M | $335.6M | ||
| Q3 25 | $161.3M | $336.1M | ||
| Q2 25 | $159.3M | $328.7M | ||
| Q1 25 | $138.0M | $335.8M | ||
| Q4 24 | $161.8M | $330.2M | ||
| Q3 24 | $119.3M | $322.7M | ||
| Q2 24 | $92.1M | $309.1M | ||
| Q1 24 | $92.4M | $308.1M |
| Q4 25 | $7.0M | $11.3M | ||
| Q3 25 | $4.7M | $11.8M | ||
| Q2 25 | $6.0M | $11.6M | ||
| Q1 25 | $3.7M | $13.1M | ||
| Q4 24 | $7.0M | $9.9M | ||
| Q3 24 | $5.5M | $9.0M | ||
| Q2 24 | $3.4M | $9.2M | ||
| Q1 24 | $2.7M | $8.0M |
| Q4 25 | 15.4% | 29.5% | ||
| Q3 25 | 15.9% | 29.5% | ||
| Q2 25 | 16.5% | 29.9% | ||
| Q1 25 | 16.9% | 30.3% | ||
| Q4 24 | 19.3% | 29.9% | ||
| Q3 24 | 20.3% | 29.6% | ||
| Q2 24 | 20.2% | 29.2% | ||
| Q1 24 | 18.4% | 29.3% |
| Q4 25 | 4.9% | 4.4% | ||
| Q3 25 | 4.3% | 4.6% | ||
| Q2 25 | 5.0% | 4.7% | ||
| Q1 25 | 3.5% | 5.2% | ||
| Q4 24 | 7.2% | 4.0% | ||
| Q3 24 | 7.1% | 3.7% | ||
| Q2 24 | 4.6% | 4.2% | ||
| Q1 24 | 3.8% | 3.7% |
| Q4 25 | 3.6% | 3.4% | ||
| Q3 25 | 2.9% | 3.5% | ||
| Q2 25 | 3.7% | 3.5% | ||
| Q1 25 | 2.7% | 3.9% | ||
| Q4 24 | 4.3% | 3.0% | ||
| Q3 24 | 4.6% | 2.8% | ||
| Q2 24 | 3.7% | 3.0% | ||
| Q1 24 | 3.0% | 2.6% |
| Q4 25 | $1.51 | $0.49 | ||
| Q3 25 | $1.02 | $0.51 | ||
| Q2 25 | $1.30 | $0.50 | ||
| Q1 25 | $0.81 | $0.56 | ||
| Q4 24 | $1.52 | $0.43 | ||
| Q3 24 | $1.19 | $0.38 | ||
| Q2 24 | $0.75 | $0.40 | ||
| Q1 24 | $0.60 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $36.6M | $23.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $116.6M | $220.0M |
| Total Assets | $460.2M | $668.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.6M | $23.2M | ||
| Q3 25 | $49.8M | $17.1M | ||
| Q2 25 | $28.6M | $13.2M | ||
| Q1 25 | $32.5M | $21.2M | ||
| Q4 24 | $29.8M | $6.3M | ||
| Q3 24 | $22.1M | $8.9M | ||
| Q2 24 | $48.4M | $13.9M | ||
| Q1 24 | $43.6M | $11.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $1.2M | — |
| Q4 25 | $116.6M | $220.0M | ||
| Q3 25 | $109.3M | $212.4M | ||
| Q2 25 | $105.2M | $202.5M | ||
| Q1 25 | $95.6M | $193.0M | ||
| Q4 24 | $90.6M | $181.9M | ||
| Q3 24 | $87.7M | $174.3M | ||
| Q2 24 | $79.8M | $167.8M | ||
| Q1 24 | $76.4M | $160.0M |
| Q4 25 | $460.2M | $668.6M | ||
| Q3 25 | $376.1M | $670.5M | ||
| Q2 25 | $420.7M | $659.0M | ||
| Q1 25 | $370.1M | $664.6M | ||
| Q4 24 | $469.2M | $648.9M | ||
| Q3 24 | $371.9M | $655.5M | ||
| Q2 24 | $302.8M | $654.4M | ||
| Q1 24 | $298.3M | $656.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.02× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-11.9M | $21.1M |
| Free Cash FlowOCF − Capex | — | $11.6M |
| FCF MarginFCF / Revenue | — | 3.4% |
| Capex IntensityCapex / Revenue | — | 2.9% |
| Cash ConversionOCF / Net Profit | -1.70× | 1.86× |
| TTM Free Cash FlowTrailing 4 quarters | — | $42.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-11.9M | $21.1M | ||
| Q3 25 | $22.2M | $15.6M | ||
| Q2 25 | $-2.2M | $2.9M | ||
| Q1 25 | $8.5M | $34.1M | ||
| Q4 24 | $16.0M | $2.7M | ||
| Q3 24 | $-3.6M | $24.5M | ||
| Q2 24 | $7.3M | $12.4M | ||
| Q1 24 | $14.0M | $20.2M |
| Q4 25 | — | $11.6M | ||
| Q3 25 | — | $7.5M | ||
| Q2 25 | — | $-4.2M | ||
| Q1 25 | — | $27.6M | ||
| Q4 24 | — | $-6.9M | ||
| Q3 24 | — | $18.0M | ||
| Q2 24 | — | $3.6M | ||
| Q1 24 | — | $9.8M |
| Q4 25 | — | 3.4% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | — | -1.3% | ||
| Q1 25 | — | 8.2% | ||
| Q4 24 | — | -2.1% | ||
| Q3 24 | — | 5.6% | ||
| Q2 24 | — | 1.2% | ||
| Q1 24 | — | 3.2% |
| Q4 25 | — | 2.9% | ||
| Q3 25 | — | 2.4% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 2.9% | ||
| Q1 24 | — | 3.4% |
| Q4 25 | -1.70× | 1.86× | ||
| Q3 25 | 4.73× | 1.32× | ||
| Q2 25 | -0.37× | 0.25× | ||
| Q1 25 | 2.30× | 2.60× | ||
| Q4 24 | 2.29× | 0.27× | ||
| Q3 24 | -0.66× | 2.72× | ||
| Q2 24 | 2.13× | 1.35× | ||
| Q1 24 | 5.14× | 2.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLMB
| Distribution Segment | $187.9M | 97% |
| Solutions Segment | $6.0M | 3% |
NGVC
| Grocery | $243.8M | 73% |
| Dietary Supplements | $60.7M | 18% |
| Manufactured Product Other | $31.0M | 9% |
