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Side-by-side financial comparison of IDACORP INC (IDA) and Natural Grocers by Vitamin Cottage, Inc. (NGVC). Click either name above to swap in a different company.
IDACORP INC is the larger business by last-quarter revenue ($360.1M vs $335.6M, roughly 1.1× Natural Grocers by Vitamin Cottage, Inc.). IDACORP INC runs the higher net margin — 12.1% vs 3.4%, a 8.7% 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 -4.2%). Natural Grocers by Vitamin Cottage, Inc. produced more free cash flow last quarter ($11.6M vs $-216.2M). Over the past eight quarters, Natural Grocers by Vitamin Cottage, Inc.'s revenue compounded faster (4.4% CAGR vs -7.2%).
IDACORP, Inc is an electricity holding company, incorporated in Idaho with headquarters in Boise. It comprises Idaho Power Company, IDACORP Financial and Ida-West Energy. It was formed on October 1, 1998.
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.
IDA vs NGVC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $360.1M | $335.6M |
| Net Profit | $43.6M | $11.3M |
| Gross Margin | — | 29.5% |
| Operating Margin | 14.9% | 4.4% |
| Net Margin | 12.1% | 3.4% |
| Revenue YoY | -4.2% | 1.6% |
| Net Profit YoY | 15.1% | 14.0% |
| EPS (diluted) | $0.78 | $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 | $360.1M | $335.6M | ||
| Q3 25 | $526.4M | $336.1M | ||
| Q2 25 | $449.3M | $328.7M | ||
| Q1 25 | $411.1M | $335.8M | ||
| Q4 24 | $375.9M | $330.2M | ||
| Q3 24 | $532.5M | $322.7M | ||
| Q2 24 | $442.6M | $309.1M | ||
| Q1 24 | $417.9M | $308.1M |
| Q4 25 | $43.6M | $11.3M | ||
| Q3 25 | $124.4M | $11.8M | ||
| Q2 25 | $95.8M | $11.6M | ||
| Q1 25 | $59.6M | $13.1M | ||
| Q4 24 | $37.9M | $9.9M | ||
| Q3 24 | $113.6M | $9.0M | ||
| Q2 24 | $89.5M | $9.2M | ||
| Q1 24 | $48.2M | $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 | 14.9% | 4.4% | ||
| Q3 25 | 27.5% | 4.6% | ||
| Q2 25 | 22.4% | 4.7% | ||
| Q1 25 | 13.4% | 5.2% | ||
| Q4 24 | 11.0% | 4.0% | ||
| Q3 24 | 25.1% | 3.7% | ||
| Q2 24 | 23.3% | 4.2% | ||
| Q1 24 | 11.9% | 3.7% |
| Q4 25 | 12.1% | 3.4% | ||
| Q3 25 | 23.6% | 3.5% | ||
| Q2 25 | 21.3% | 3.5% | ||
| Q1 25 | 14.5% | 3.9% | ||
| Q4 24 | 10.1% | 3.0% | ||
| Q3 24 | 21.3% | 2.8% | ||
| Q2 24 | 20.2% | 3.0% | ||
| Q1 24 | 11.5% | 2.6% |
| Q4 25 | $0.78 | $0.49 | ||
| Q3 25 | $2.26 | $0.51 | ||
| Q2 25 | $1.76 | $0.50 | ||
| Q1 25 | $1.10 | $0.56 | ||
| Q4 24 | $0.72 | $0.43 | ||
| Q3 24 | $2.12 | $0.38 | ||
| Q2 24 | $1.71 | $0.40 | ||
| Q1 24 | $0.95 | $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 | $215.7M | $23.2M |
| Total DebtLower is stronger | $3.3B | — |
| Stockholders' EquityBook value | $3.6B | $220.0M |
| Total Assets | $10.2B | $668.6M |
| Debt / EquityLower = less leverage | 0.93× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $215.7M | $23.2M | ||
| Q3 25 | $333.2M | $17.1M | ||
| Q2 25 | $474.5M | $13.2M | ||
| Q1 25 | $634.5M | $21.2M | ||
| Q4 24 | $368.9M | $6.3M | ||
| Q3 24 | $427.9M | $8.9M | ||
| Q2 24 | $169.6M | $13.9M | ||
| Q1 24 | $157.6M | $11.0M |
| Q4 25 | $3.3B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $3.6B | $220.0M | ||
| Q3 25 | $3.5B | $212.4M | ||
| Q2 25 | $3.4B | $202.5M | ||
| Q1 25 | $3.3B | $193.0M | ||
| Q4 24 | $3.3B | $181.9M | ||
| Q3 24 | $3.3B | $174.3M | ||
| Q2 24 | $3.2B | $167.8M | ||
| Q1 24 | $2.9B | $160.0M |
| Q4 25 | $10.2B | $668.6M | ||
| Q3 25 | $10.1B | $670.5M | ||
| Q2 25 | $9.9B | $659.0M | ||
| Q1 25 | $9.6B | $664.6M | ||
| Q4 24 | $9.2B | $648.9M | ||
| Q3 24 | $9.1B | $655.5M | ||
| Q2 24 | $8.7B | $654.4M | ||
| Q1 24 | $8.3B | $656.6M |
| Q4 25 | 0.93× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.92× | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $137.8M | $21.1M |
| Free Cash FlowOCF − Capex | $-216.2M | $11.6M |
| FCF MarginFCF / Revenue | -60.0% | 3.4% |
| Capex IntensityCapex / Revenue | 98.3% | 2.9% |
| Cash ConversionOCF / Net Profit | 3.16× | 1.86× |
| TTM Free Cash FlowTrailing 4 quarters | $-577.5M | $42.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $137.8M | $21.1M | ||
| Q3 25 | $162.8M | $15.6M | ||
| Q2 25 | $176.9M | $2.9M | ||
| Q1 25 | $124.3M | $34.1M | ||
| Q4 24 | $136.4M | $2.7M | ||
| Q3 24 | $201.9M | $24.5M | ||
| Q2 24 | $146.4M | $12.4M | ||
| Q1 24 | $109.7M | $20.2M |
| Q4 25 | $-216.2M | $11.6M | ||
| Q3 25 | $-127.9M | $7.5M | ||
| Q2 25 | $-156.4M | $-4.2M | ||
| Q1 25 | $-77.0M | $27.6M | ||
| Q4 24 | $-48.9M | $-6.9M | ||
| Q3 24 | $-16.1M | $18.0M | ||
| Q2 24 | $-199.6M | $3.6M | ||
| Q1 24 | $-150.3M | $9.8M |
| Q4 25 | -60.0% | 3.4% | ||
| Q3 25 | -24.3% | 2.2% | ||
| Q2 25 | -34.8% | -1.3% | ||
| Q1 25 | -18.7% | 8.2% | ||
| Q4 24 | -13.0% | -2.1% | ||
| Q3 24 | -3.0% | 5.6% | ||
| Q2 24 | -45.1% | 1.2% | ||
| Q1 24 | -36.0% | 3.2% |
| Q4 25 | 98.3% | 2.9% | ||
| Q3 25 | 55.2% | 2.4% | ||
| Q2 25 | 74.2% | 2.2% | ||
| Q1 25 | 49.0% | 1.9% | ||
| Q4 24 | 49.3% | 2.9% | ||
| Q3 24 | 41.0% | 2.0% | ||
| Q2 24 | 78.2% | 2.9% | ||
| Q1 24 | 62.2% | 3.4% |
| Q4 25 | 3.16× | 1.86× | ||
| Q3 25 | 1.31× | 1.32× | ||
| Q2 25 | 1.85× | 0.25× | ||
| Q1 25 | 2.08× | 2.60× | ||
| Q4 24 | 3.60× | 0.27× | ||
| Q3 24 | 1.78× | 2.72× | ||
| Q2 24 | 1.63× | 1.35× | ||
| Q1 24 | 2.28× | 2.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IDA
| Retailrevenues | $323.0M | 90% |
| Transmissionserviceswheeling | $18.6M | 5% |
| Energyefficiencyprogramrevenues | $11.7M | 3% |
| Wholesaleenergysales | $10.5M | 3% |
| Otherrevenues | $9.5M | 3% |
NGVC
| Grocery | $243.8M | 73% |
| Dietary Supplements | $60.7M | 18% |
| Manufactured Product Other | $31.0M | 9% |
