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Side-by-side financial comparison of Claritev Corp (CTEV) 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 $246.6M, roughly 1.4× Claritev Corp). Natural Grocers by Vitamin Cottage, Inc. runs the higher net margin — 3.4% vs -32.7%, a 36.1% gap on every dollar of revenue. On growth, Claritev Corp posted the faster year-over-year revenue change (6.2% vs 1.6%). Claritev Corp produced more free cash flow last quarter ($36.4M vs $11.6M). Over the past eight quarters, Natural Grocers by Vitamin Cottage, Inc.'s revenue compounded faster (4.4% CAGR vs 2.5%).
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.
CTEV vs NGVC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $335.6M |
| Net Profit | $-80.6M | $11.3M |
| Gross Margin | — | 29.5% |
| Operating Margin | -3.1% | 4.4% |
| Net Margin | -32.7% | 3.4% |
| Revenue YoY | 6.2% | 1.6% |
| Net Profit YoY | 41.6% | 14.0% |
| EPS (diluted) | $-4.88 | $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 | $246.6M | $335.6M | ||
| Q3 25 | $246.0M | $336.1M | ||
| Q2 25 | $241.6M | $328.7M | ||
| Q1 25 | $231.3M | $335.8M | ||
| Q4 24 | $232.1M | $330.2M | ||
| Q3 24 | $230.5M | $322.7M | ||
| Q2 24 | $233.5M | $309.1M | ||
| Q1 24 | $234.5M | $308.1M |
| Q4 25 | $-80.6M | $11.3M | ||
| Q3 25 | $-69.8M | $11.8M | ||
| Q2 25 | $-62.6M | $11.6M | ||
| Q1 25 | $-71.3M | $13.1M | ||
| Q4 24 | $-138.0M | $9.9M | ||
| Q3 24 | $-391.4M | $9.0M | ||
| Q2 24 | $-576.7M | $9.2M | ||
| Q1 24 | $-539.7M | $8.0M |
| Q4 25 | — | 29.5% | ||
| Q3 25 | — | 29.5% | ||
| Q2 25 | — | 29.9% | ||
| Q1 25 | — | 30.3% | ||
| Q4 24 | — | 29.9% | ||
| Q3 24 | — | 29.6% | ||
| Q2 24 | — | 29.2% | ||
| Q1 24 | — | 29.3% |
| Q4 25 | -3.1% | 4.4% | ||
| Q3 25 | 4.1% | 4.6% | ||
| Q2 25 | 6.9% | 4.7% | ||
| Q1 25 | 4.2% | 5.2% | ||
| Q4 24 | -17.8% | 4.0% | ||
| Q3 24 | -146.7% | 3.7% | ||
| Q2 24 | -224.4% | 4.2% | ||
| Q1 24 | -207.4% | 3.7% |
| Q4 25 | -32.7% | 3.4% | ||
| Q3 25 | -28.4% | 3.5% | ||
| Q2 25 | -25.9% | 3.5% | ||
| Q1 25 | -30.8% | 3.9% | ||
| Q4 24 | -59.4% | 3.0% | ||
| Q3 24 | -169.8% | 2.8% | ||
| Q2 24 | -247.0% | 3.0% | ||
| Q1 24 | -230.1% | 2.6% |
| Q4 25 | $-4.88 | $0.49 | ||
| Q3 25 | $-4.23 | $0.51 | ||
| Q2 25 | $-3.81 | $0.50 | ||
| Q1 25 | $-4.38 | $0.56 | ||
| Q4 24 | $-8.49 | $0.43 | ||
| Q3 24 | $-24.25 | $0.38 | ||
| Q2 24 | $-35.78 | $0.40 | ||
| Q1 24 | $-33.40 | $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 | $16.8M | $23.2M |
| Total DebtLower is stronger | $4.6B | — |
| Stockholders' EquityBook value | $-173.9M | $220.0M |
| Total Assets | $4.9B | $668.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.8M | $23.2M | ||
| Q3 25 | $39.2M | $17.1M | ||
| Q2 25 | $56.4M | $13.2M | ||
| Q1 25 | $23.1M | $21.2M | ||
| Q4 24 | $16.8M | $6.3M | ||
| Q3 24 | $86.6M | $8.9M | ||
| Q2 24 | $48.8M | $13.9M | ||
| Q1 24 | $58.7M | $11.0M |
| Q4 25 | $4.6B | — | ||
| Q3 25 | $4.5B | — | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.5B | — | ||
| Q2 24 | $4.5B | — | ||
| Q1 24 | $4.5B | — |
| Q4 25 | $-173.9M | $220.0M | ||
| Q3 25 | $-101.8M | $212.4M | ||
| Q2 25 | $-39.9M | $202.5M | ||
| Q1 25 | $14.8M | $193.0M | ||
| Q4 24 | $84.0M | $181.9M | ||
| Q3 24 | $207.6M | $174.3M | ||
| Q2 24 | $603.4M | $167.8M | ||
| Q1 24 | $1.2B | $160.0M |
| Q4 25 | $4.9B | $668.6M | ||
| Q3 25 | $5.0B | $670.5M | ||
| Q2 25 | $5.1B | $659.0M | ||
| Q1 25 | $5.1B | $664.6M | ||
| Q4 24 | $5.2B | $648.9M | ||
| Q3 24 | $5.3B | $655.5M | ||
| Q2 24 | $5.7B | $654.4M | ||
| Q1 24 | $6.4B | $656.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 304.87× | — | ||
| Q4 24 | 53.67× | — | ||
| Q3 24 | 21.73× | — | ||
| Q2 24 | 7.48× | — | ||
| Q1 24 | 3.85× | — |
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 | $66.3M | $21.1M |
| Free Cash FlowOCF − Capex | $36.4M | $11.6M |
| FCF MarginFCF / Revenue | 14.8% | 3.4% |
| Capex IntensityCapex / Revenue | 12.1% | 2.9% |
| Cash ConversionOCF / Net Profit | — | 1.86× |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | $42.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.3M | $21.1M | ||
| Q3 25 | $19.9M | $15.6M | ||
| Q2 25 | $61.2M | $2.9M | ||
| Q1 25 | $-30.1M | $34.1M | ||
| Q4 24 | $-33.4M | $2.7M | ||
| Q3 24 | $72.8M | $24.5M | ||
| Q2 24 | $18.5M | $12.4M | ||
| Q1 24 | $49.7M | $20.2M |
| Q4 25 | $36.4M | $11.6M | ||
| Q3 25 | $-16.3M | $7.5M | ||
| Q2 25 | $36.6M | $-4.2M | ||
| Q1 25 | $-68.9M | $27.6M | ||
| Q4 24 | $-63.8M | $-6.9M | ||
| Q3 24 | $41.1M | $18.0M | ||
| Q2 24 | $-7.0M | $3.6M | ||
| Q1 24 | $19.2M | $9.8M |
| Q4 25 | 14.8% | 3.4% | ||
| Q3 25 | -6.6% | 2.2% | ||
| Q2 25 | 15.2% | -1.3% | ||
| Q1 25 | -29.8% | 8.2% | ||
| Q4 24 | -27.5% | -2.1% | ||
| Q3 24 | 17.8% | 5.6% | ||
| Q2 24 | -3.0% | 1.2% | ||
| Q1 24 | 8.2% | 3.2% |
| Q4 25 | 12.1% | 2.9% | ||
| Q3 25 | 14.7% | 2.4% | ||
| Q2 25 | 10.2% | 2.2% | ||
| Q1 25 | 16.8% | 1.9% | ||
| Q4 24 | 13.1% | 2.9% | ||
| Q3 24 | 13.8% | 2.0% | ||
| Q2 24 | 10.9% | 2.9% | ||
| Q1 24 | 13.0% | 3.4% |
| Q4 25 | — | 1.86× | ||
| Q3 25 | — | 1.32× | ||
| Q2 25 | — | 0.25× | ||
| Q1 25 | — | 2.60× | ||
| Q4 24 | — | 0.27× | ||
| Q3 24 | — | 2.72× | ||
| Q2 24 | — | 1.35× | ||
| Q1 24 | — | 2.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CTEV
Segment breakdown not available.
NGVC
| Grocery | $243.8M | 73% |
| Dietary Supplements | $60.7M | 18% |
| Manufactured Product Other | $31.0M | 9% |
