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

ESCALADE INC is the larger business by last-quarter revenue ($62.6M vs $34.8M, roughly 1.8× NATURAL ALTERNATIVES INTERNATIONAL INC). ESCALADE INC runs the higher net margin — 5.9% vs -7.3%, a 13.3% gap on every dollar of revenue. On growth, NATURAL ALTERNATIVES INTERNATIONAL INC posted the faster year-over-year revenue change (2.1% vs -2.2%). ESCALADE INC produced more free cash flow last quarter ($13.7M vs $-7.3M). Over the past eight quarters, NATURAL ALTERNATIVES INTERNATIONAL INC's revenue compounded faster (17.7% CAGR vs 4.5%).

Escalade Inc is a global sporting goods manufacturer and distributor that offers basketball systems, archery equipment, table tennis gear, game tables, and outdoor recreation accessories. It operates primarily across North America, Europe, and Asia Pacific, serving consumer retail, commercial fitness, and specialty sports segments.

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.

ESCA vs NAII — Head-to-Head

Bigger by revenue
ESCA
ESCA
1.8× larger
ESCA
$62.6M
$34.8M
NAII
Growing faster (revenue YoY)
NAII
NAII
+4.3% gap
NAII
2.1%
-2.2%
ESCA
Higher net margin
ESCA
ESCA
13.3% more per $
ESCA
5.9%
-7.3%
NAII
More free cash flow
ESCA
ESCA
$20.9M more FCF
ESCA
$13.7M
$-7.3M
NAII
Faster 2-yr revenue CAGR
NAII
NAII
Annualised
NAII
17.7%
4.5%
ESCA

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
ESCA
ESCA
NAII
NAII
Revenue
$62.6M
$34.8M
Net Profit
$3.7M
$-2.6M
Gross Margin
27.7%
7.2%
Operating Margin
8.2%
-5.3%
Net Margin
5.9%
-7.3%
Revenue YoY
-2.2%
2.1%
Net Profit YoY
37.1%
-16.5%
EPS (diluted)
$0.27
$-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
ESCA
ESCA
NAII
NAII
Q4 25
$62.6M
$34.8M
Q3 25
$67.8M
$37.7M
Q2 25
$54.3M
$33.9M
Q1 25
$55.5M
$28.8M
Q4 24
$63.9M
$34.1M
Q3 24
$67.7M
$33.1M
Q2 24
$62.5M
$29.5M
Q1 24
$57.3M
$25.1M
Net Profit
ESCA
ESCA
NAII
NAII
Q4 25
$3.7M
$-2.6M
Q3 25
$5.6M
$-291.0K
Q2 25
$1.8M
$-7.2M
Q1 25
$2.6M
$-2.2M
Q4 24
$2.7M
$-2.2M
Q3 24
$5.7M
$-2.0M
Q2 24
$2.8M
$-1.9M
Q1 24
$1.8M
$-1.6M
Gross Margin
ESCA
ESCA
NAII
NAII
Q4 25
27.7%
7.2%
Q3 25
28.1%
11.7%
Q2 25
24.7%
10.4%
Q1 25
26.7%
6.3%
Q4 24
24.9%
4.9%
Q3 24
24.8%
6.8%
Q2 24
24.2%
4.8%
Q1 24
25.0%
7.6%
Operating Margin
ESCA
ESCA
NAII
NAII
Q4 25
8.2%
-5.3%
Q3 25
10.8%
0.8%
Q2 25
4.8%
-5.7%
Q1 25
6.6%
-7.3%
Q4 24
7.1%
-8.2%
Q3 24
11.8%
-5.5%
Q2 24
7.1%
-8.6%
Q1 24
5.3%
-7.8%
Net Margin
ESCA
ESCA
NAII
NAII
Q4 25
5.9%
-7.3%
Q3 25
8.2%
-0.8%
Q2 25
3.4%
-21.3%
Q1 25
4.7%
-7.6%
Q4 24
4.2%
-6.4%
Q3 24
8.4%
-6.0%
Q2 24
4.5%
-6.4%
Q1 24
3.1%
-6.3%
EPS (diluted)
ESCA
ESCA
NAII
NAII
Q4 25
$0.27
$-0.42
Q3 25
$0.40
$-0.05
Q2 25
$0.13
$-1.21
Q1 25
$0.19
$-0.37
Q4 24
$0.20
$-0.37
Q3 24
$0.40
$-0.33
Q2 24
$0.20
$-0.32
Q1 24
$0.13
$-0.27

Balance Sheet & Financial Strength

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

Metric
ESCA
ESCA
NAII
NAII
Cash + ST InvestmentsLiquidity on hand
$3.8M
Total DebtLower is stronger
$18.5M
Stockholders' EquityBook value
$173.2M
$67.0M
Total Assets
$222.1M
$153.3M
Debt / EquityLower = less leverage
0.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESCA
ESCA
NAII
NAII
Q4 25
$3.8M
Q3 25
$7.7M
Q2 25
$12.3M
Q1 25
$10.6M
Q4 24
$8.7M
Q3 24
$10.2M
Q2 24
$12.0M
Q1 24
$12.4M
Total Debt
ESCA
ESCA
NAII
NAII
Q4 25
$18.5M
Q3 25
Q2 25
Q1 25
Q4 24
$25.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ESCA
ESCA
NAII
NAII
Q4 25
$173.2M
$67.0M
Q3 25
$172.3M
$69.0M
Q2 25
$168.3M
$68.4M
Q1 25
$168.8M
$76.6M
Q4 24
$169.0M
$79.1M
Q3 24
$170.1M
$80.2M
Q2 24
$166.0M
$82.6M
Q1 24
$164.7M
$84.1M
Total Assets
ESCA
ESCA
NAII
NAII
Q4 25
$222.1M
$153.3M
Q3 25
$232.5M
$156.9M
Q2 25
$218.3M
$151.9M
Q1 25
$222.1M
$154.9M
Q4 24
$226.3M
$156.1M
Q3 24
$244.9M
$161.3M
Q2 24
$243.1M
$162.3M
Q1 24
$256.3M
$153.2M
Debt / Equity
ESCA
ESCA
NAII
NAII
Q4 25
0.11×
Q3 25
Q2 25
Q1 25
Q4 24
0.15×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
ESCA
ESCA
NAII
NAII
Operating Cash FlowLast quarter
$14.9M
$-6.3M
Free Cash FlowOCF − Capex
$13.7M
$-7.3M
FCF MarginFCF / Revenue
21.8%
-20.9%
Capex IntensityCapex / Revenue
2.0%
2.7%
Cash ConversionOCF / Net Profit
4.02×
TTM Free Cash FlowTrailing 4 quarters
$28.5M
$-5.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESCA
ESCA
NAII
NAII
Q4 25
$14.9M
$-6.3M
Q3 25
$-965.0K
$-4.0M
Q2 25
$13.3M
$3.3M
Q1 25
$3.8M
$6.0M
Q4 24
$12.3M
$37.0K
Q3 24
$10.5M
$-3.4M
Q2 24
$13.3M
$-2.7M
Q1 24
$7.0K
$-3.6M
Free Cash Flow
ESCA
ESCA
NAII
NAII
Q4 25
$13.7M
$-7.3M
Q3 25
$-1.3M
$-5.1M
Q2 25
$12.9M
$1.9M
Q1 25
$3.2M
$5.2M
Q4 24
$11.7M
$-1.0M
Q3 24
$10.2M
$-3.7M
Q2 24
$12.5M
$-3.8M
Q1 24
$-350.0K
$-3.9M
FCF Margin
ESCA
ESCA
NAII
NAII
Q4 25
21.8%
-20.9%
Q3 25
-1.9%
-13.4%
Q2 25
23.7%
5.6%
Q1 25
5.9%
18.0%
Q4 24
18.4%
-3.0%
Q3 24
15.0%
-11.3%
Q2 24
20.0%
-12.7%
Q1 24
-0.6%
-15.5%
Capex Intensity
ESCA
ESCA
NAII
NAII
Q4 25
2.0%
2.7%
Q3 25
0.4%
2.7%
Q2 25
0.8%
4.3%
Q1 25
1.0%
2.8%
Q4 24
0.9%
3.1%
Q3 24
0.5%
0.9%
Q2 24
1.3%
3.5%
Q1 24
0.6%
1.1%
Cash Conversion
ESCA
ESCA
NAII
NAII
Q4 25
4.02×
Q3 25
-0.17×
Q2 25
7.28×
Q1 25
1.45×
Q4 24
4.55×
Q3 24
1.85×
Q2 24
4.67×
Q1 24
0.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ESCA
ESCA

Segment breakdown not available.

NAII
NAII

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

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