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Side-by-side financial comparison of Cosmos Health Inc. (COSM) and NATURAL ALTERNATIVES INTERNATIONAL INC (NAII). Click either name above to swap in a different company.

NATURAL ALTERNATIVES INTERNATIONAL INC is the larger business by last-quarter revenue ($34.8M vs $19.7M, roughly 1.8× Cosmos Health Inc.). NATURAL ALTERNATIVES INTERNATIONAL INC runs the higher net margin — -7.3% vs -51.5%, a 44.2% gap on every dollar of revenue. On growth, Cosmos Health Inc. posted the faster year-over-year revenue change (38.5% vs 2.1%). Cosmos Health Inc. produced more free cash flow last quarter ($-4.6M vs $-7.3M). Over the past eight quarters, NATURAL ALTERNATIVES INTERNATIONAL INC's revenue compounded faster (17.7% CAGR vs 16.2%).

AgniKul Cosmos Private Limited is a private Indian aerospace manufacturer and commercial launch service provider based in National Centre for Combustion Research and Development (NCCRD) of IIT Madras, Chennai. The start up aims to develop and launch its own small-lift launch vehicle such as the Agnibaan, capable of placing 100 kg (220 lb) payload into a 700 km (430 mi) orbit.

Natural Alternatives International, Inc. (NAI) is an American company based in Carlsbad, California which manufactures nutritional supplements such as Juice Plus. NAI was founded in 1980 by Mark A. LeDoux, and had 241 employees in 2007. NAI's manufacturing facilities are located in Vista, California, Switzerland and Japan.

COSM vs NAII — Head-to-Head

Bigger by revenue
NAII
NAII
1.8× larger
NAII
$34.8M
$19.7M
COSM
Growing faster (revenue YoY)
COSM
COSM
+36.4% gap
COSM
38.5%
2.1%
NAII
Higher net margin
NAII
NAII
44.2% more per $
NAII
-7.3%
-51.5%
COSM
More free cash flow
COSM
COSM
$2.7M more FCF
COSM
$-4.6M
$-7.3M
NAII
Faster 2-yr revenue CAGR
NAII
NAII
Annualised
NAII
17.7%
16.2%
COSM

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
COSM
COSM
NAII
NAII
Revenue
$19.7M
$34.8M
Net Profit
$-10.1M
$-2.6M
Gross Margin
10.6%
7.2%
Operating Margin
-57.9%
-5.3%
Net Margin
-51.5%
-7.3%
Revenue YoY
38.5%
2.1%
Net Profit YoY
-203.0%
-16.5%
EPS (diluted)
$-0.33
$-0.42

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.

Revenue
COSM
COSM
NAII
NAII
Q4 25
$19.7M
$34.8M
Q3 25
$17.1M
$37.7M
Q2 25
$14.7M
$33.9M
Q1 25
$13.7M
$28.8M
Q4 24
$14.2M
$34.1M
Q3 24
$12.4M
$33.1M
Q2 24
$13.2M
$29.5M
Q1 24
$14.6M
$25.1M
Net Profit
COSM
COSM
NAII
NAII
Q4 25
$-10.1M
$-2.6M
Q3 25
$-5.4M
$-291.0K
Q2 25
$-2.8M
$-7.2M
Q1 25
$-818.1K
$-2.2M
Q4 24
$-3.3M
$-2.2M
Q3 24
$-8.4M
$-2.0M
Q2 24
$-2.6M
$-1.9M
Q1 24
$-1.9M
$-1.6M
Gross Margin
COSM
COSM
NAII
NAII
Q4 25
10.6%
7.2%
Q3 25
15.2%
11.7%
Q2 25
7.9%
10.4%
Q1 25
14.9%
6.3%
Q4 24
7.1%
4.9%
Q3 24
9.7%
6.8%
Q2 24
5.8%
4.8%
Q1 24
9.1%
7.6%
Operating Margin
COSM
COSM
NAII
NAII
Q4 25
-57.9%
-5.3%
Q3 25
-10.6%
0.8%
Q2 25
-17.9%
-5.7%
Q1 25
-6.1%
-7.3%
Q4 24
-63.0%
-8.2%
Q3 24
-18.0%
-5.5%
Q2 24
-18.9%
-8.6%
Q1 24
-12.6%
-7.8%
Net Margin
COSM
COSM
NAII
NAII
Q4 25
-51.5%
-7.3%
Q3 25
-31.3%
-0.8%
Q2 25
-19.2%
-21.3%
Q1 25
-6.0%
-7.6%
Q4 24
-23.5%
-6.4%
Q3 24
-67.5%
-6.0%
Q2 24
-19.6%
-6.4%
Q1 24
-12.8%
-6.3%
EPS (diluted)
COSM
COSM
NAII
NAII
Q4 25
$-0.33
$-0.42
Q3 25
$-0.17
$-0.05
Q2 25
$-0.10
$-1.21
Q1 25
$-0.03
$-0.37
Q4 24
$-0.46
$-0.37
Q3 24
$-0.45
$-0.33
Q2 24
$-0.15
$-0.32
Q1 24
$-0.11
$-0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
COSM
COSM
NAII
NAII
Cash + ST InvestmentsLiquidity on hand
$761.8K
$3.8M
Total DebtLower is stronger
$3.8M
Stockholders' EquityBook value
$18.4M
$67.0M
Total Assets
$65.5M
$153.3M
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COSM
COSM
NAII
NAII
Q4 25
$761.8K
$3.8M
Q3 25
$922.6K
$7.7M
Q2 25
$30.3K
$12.3M
Q1 25
$25.3K
$10.6M
Q4 24
$336.3K
$8.7M
Q3 24
$22.8K
$10.2M
Q2 24
$21.5K
$12.0M
Q1 24
$21.3K
$12.4M
Total Debt
COSM
COSM
NAII
NAII
Q4 25
$3.8M
Q3 25
$5.4M
Q2 25
$5.2M
Q1 25
$4.9M
Q4 24
$4.1M
Q3 24
$4.3M
Q2 24
$3.9M
Q1 24
$4.1M
Stockholders' Equity
COSM
COSM
NAII
NAII
Q4 25
$18.4M
$67.0M
Q3 25
$23.1M
$69.0M
Q2 25
$26.2M
$68.4M
Q1 25
$26.0M
$76.6M
Q4 24
$24.5M
$79.1M
Q3 24
$35.0M
$80.2M
Q2 24
$32.1M
$82.6M
Q1 24
$34.5M
$84.1M
Total Assets
COSM
COSM
NAII
NAII
Q4 25
$65.5M
$153.3M
Q3 25
$69.5M
$156.9M
Q2 25
$61.8M
$151.9M
Q1 25
$57.2M
$154.9M
Q4 24
$54.3M
$156.1M
Q3 24
$64.5M
$161.3M
Q2 24
$60.8M
$162.3M
Q1 24
$62.3M
$153.2M
Debt / Equity
COSM
COSM
NAII
NAII
Q4 25
0.20×
Q3 25
0.23×
Q2 25
0.20×
Q1 25
0.19×
Q4 24
0.17×
Q3 24
0.12×
Q2 24
0.12×
Q1 24
0.12×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
COSM
COSM
NAII
NAII
Operating Cash FlowLast quarter
$-4.6M
$-6.3M
Free Cash FlowOCF − Capex
$-4.6M
$-7.3M
FCF MarginFCF / Revenue
-23.4%
-20.9%
Capex IntensityCapex / Revenue
0.0%
2.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-8.5M
$-5.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COSM
COSM
NAII
NAII
Q4 25
$-4.6M
$-6.3M
Q3 25
$-2.5M
$-4.0M
Q2 25
$-1.2M
$3.3M
Q1 25
$-186.3K
$6.0M
Q4 24
$-3.8M
$37.0K
Q3 24
$739.8K
$-3.4M
Q2 24
$-1.2M
$-2.7M
Q1 24
$-3.4M
$-3.6M
Free Cash Flow
COSM
COSM
NAII
NAII
Q4 25
$-4.6M
$-7.3M
Q3 25
$-2.5M
$-5.1M
Q2 25
$-1.2M
$1.9M
Q1 25
$-198.8K
$5.2M
Q4 24
$-3.9M
$-1.0M
Q3 24
$511.0K
$-3.7M
Q2 24
$-1.2M
$-3.8M
Q1 24
$-3.5M
$-3.9M
FCF Margin
COSM
COSM
NAII
NAII
Q4 25
-23.4%
-20.9%
Q3 25
-14.4%
-13.4%
Q2 25
-8.4%
5.6%
Q1 25
-1.5%
18.0%
Q4 24
-27.5%
-3.0%
Q3 24
4.1%
-11.3%
Q2 24
-9.4%
-12.7%
Q1 24
-24.0%
-15.5%
Capex Intensity
COSM
COSM
NAII
NAII
Q4 25
0.0%
2.7%
Q3 25
0.1%
2.7%
Q2 25
0.2%
4.3%
Q1 25
0.1%
2.8%
Q4 24
0.5%
3.1%
Q3 24
1.8%
0.9%
Q2 24
0.3%
3.5%
Q1 24
0.6%
1.1%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

COSM
COSM

Segment breakdown not available.

NAII
NAII

Private Label Contract Manufacturing$32.8M94%
Patent And Trademark Licensing$2.0M6%

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