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Side-by-side financial comparison of HighPeak Energy, Inc. (HPK) 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 $216.6M, roughly 1.5× HighPeak Energy, Inc.). Natural Grocers by Vitamin Cottage, Inc. runs the higher net margin — 3.4% vs -11.6%, a 15.0% gap on every dollar of revenue. On growth, Natural Grocers by Vitamin Cottage, Inc. posted the faster year-over-year revenue change (1.6% vs -23.3%). Over the past eight quarters, Natural Grocers by Vitamin Cottage, Inc.'s revenue compounded faster (4.4% CAGR vs -13.2%).
Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. The company serves over 7 million customers in the eastern United States. In 2024 it ranked as the 141st largest company in the United States – its highest-ever placement on the Fortune 500 list.
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.
HPK vs NGVC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $216.6M | $335.6M |
| Net Profit | $-25.2M | $11.3M |
| Gross Margin | — | 29.5% |
| Operating Margin | -7.6% | 4.4% |
| Net Margin | -11.6% | 3.4% |
| Revenue YoY | -23.3% | 1.6% |
| Net Profit YoY | -380.7% | 14.0% |
| EPS (diluted) | $-0.16 | $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 | $216.6M | $335.6M | ||
| Q3 25 | $188.9M | $336.1M | ||
| Q2 25 | $200.4M | $328.7M | ||
| Q1 25 | $257.4M | $335.8M | ||
| Q4 24 | $282.6M | $330.2M | ||
| Q3 24 | $271.6M | $322.7M | ||
| Q2 24 | $275.3M | $309.1M | ||
| Q1 24 | $287.8M | $308.1M |
| Q4 25 | $-25.2M | $11.3M | ||
| Q3 25 | $-18.3M | $11.8M | ||
| Q2 25 | $26.2M | $11.6M | ||
| Q1 25 | $36.3M | $13.1M | ||
| Q4 24 | $9.0M | $9.9M | ||
| Q3 24 | $49.9M | $9.0M | ||
| Q2 24 | $29.7M | $9.2M | ||
| Q1 24 | $6.4M | $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 | -7.6% | 4.4% | ||
| Q3 25 | 17.3% | 4.6% | ||
| Q2 25 | 21.7% | 4.7% | ||
| Q1 25 | 35.1% | 5.2% | ||
| Q4 24 | 26.1% | 4.0% | ||
| Q3 24 | 27.0% | 3.7% | ||
| Q2 24 | 31.7% | 4.2% | ||
| Q1 24 | 35.8% | 3.7% |
| Q4 25 | -11.6% | 3.4% | ||
| Q3 25 | -9.7% | 3.5% | ||
| Q2 25 | 13.1% | 3.5% | ||
| Q1 25 | 14.1% | 3.9% | ||
| Q4 24 | 3.2% | 3.0% | ||
| Q3 24 | 18.4% | 2.8% | ||
| Q2 24 | 10.8% | 3.0% | ||
| Q1 24 | 2.2% | 2.6% |
| Q4 25 | $-0.16 | $0.49 | ||
| Q3 25 | $-0.15 | $0.51 | ||
| Q2 25 | $0.19 | $0.50 | ||
| Q1 25 | $0.26 | $0.56 | ||
| Q4 24 | $0.06 | $0.43 | ||
| Q3 24 | $0.35 | $0.38 | ||
| Q2 24 | $0.21 | $0.40 | ||
| Q1 24 | $0.05 | $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 | $162.1M | $23.2M |
| Total DebtLower is stronger | $1.2B | — |
| Stockholders' EquityBook value | $1.6B | $220.0M |
| Total Assets | $3.2B | $668.6M |
| Debt / EquityLower = less leverage | 0.75× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $162.1M | $23.2M | ||
| Q3 25 | $164.9M | $17.1M | ||
| Q2 25 | $21.9M | $13.2M | ||
| Q1 25 | $51.6M | $21.2M | ||
| Q4 24 | $86.6M | $6.3M | ||
| Q3 24 | $135.6M | $8.9M | ||
| Q2 24 | $157.9M | $13.9M | ||
| Q1 24 | $173.4M | $11.0M |
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $1.1B | — |
| Q4 25 | $1.6B | $220.0M | ||
| Q3 25 | $1.6B | $212.4M | ||
| Q2 25 | $1.7B | $202.5M | ||
| Q1 25 | $1.6B | $193.0M | ||
| Q4 24 | $1.6B | $181.9M | ||
| Q3 24 | $1.6B | $174.3M | ||
| Q2 24 | $1.6B | $167.8M | ||
| Q1 24 | $1.5B | $160.0M |
| Q4 25 | $3.2B | $668.6M | ||
| Q3 25 | $3.2B | $670.5M | ||
| Q2 25 | $3.1B | $659.0M | ||
| Q1 25 | $3.1B | $664.6M | ||
| Q4 24 | $3.1B | $648.9M | ||
| Q3 24 | $3.1B | $655.5M | ||
| Q2 24 | $3.1B | $654.4M | ||
| Q1 24 | $3.1B | $656.6M |
| Q4 25 | 0.75× | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.63× | — | ||
| Q4 24 | 0.65× | — | ||
| Q3 24 | 0.67× | — | ||
| Q2 24 | 0.70× | — | ||
| Q1 24 | 0.73× | — |
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 | $93.1M | $21.1M |
| Free Cash FlowOCF − Capex | — | $11.6M |
| FCF MarginFCF / Revenue | — | 3.4% |
| Capex IntensityCapex / Revenue | — | 2.9% |
| Cash ConversionOCF / Net Profit | — | 1.86× |
| TTM Free Cash FlowTrailing 4 quarters | — | $42.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $93.1M | $21.1M | ||
| Q3 25 | $120.2M | $15.6M | ||
| Q2 25 | $141.2M | $2.9M | ||
| Q1 25 | $157.1M | $34.1M | ||
| Q4 24 | $139.5M | $2.7M | ||
| Q3 24 | $177.1M | $24.5M | ||
| Q2 24 | $202.3M | $12.4M | ||
| Q1 24 | $171.4M | $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 | — | 1.86× | ||
| Q3 25 | — | 1.32× | ||
| Q2 25 | 5.39× | 0.25× | ||
| Q1 25 | 4.32× | 2.60× | ||
| Q4 24 | 15.53× | 0.27× | ||
| Q3 24 | 3.55× | 2.72× | ||
| Q2 24 | 6.81× | 1.35× | ||
| Q1 24 | 26.63× | 2.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HPK
| Crude Oil Sales | $152.1M | 70% |
| Natural Gas And NGL Sales | $60.8M | 28% |
NGVC
| Grocery | $243.8M | 73% |
| Dietary Supplements | $60.7M | 18% |
| Manufactured Product Other | $31.0M | 9% |
