vs

Side-by-side financial comparison of Maison Solutions Inc. (MSS) 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 $27.6M, roughly 1.3× Maison Solutions Inc.). NATURAL ALTERNATIVES INTERNATIONAL INC runs the higher net margin — -7.3% vs -18.0%, a 10.6% gap on every dollar of revenue. On growth, NATURAL ALTERNATIVES INTERNATIONAL INC posted the faster year-over-year revenue change (2.1% vs -10.9%). Over the past eight quarters, Maison Solutions Inc.'s revenue compounded faster (42.5% CAGR vs 17.7%).

Maison Solutions Inc. is a specialty home goods retail company that provides a diverse portfolio of stylish, affordably priced furniture, home decor items, and daily household products. Its primary market is the Guangdong-Hong Kong-Macao Greater Bay Area in China, serving mass consumers through both offline physical stores and online e-commerce channels.

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.

MSS vs NAII — Head-to-Head

Bigger by revenue
NAII
NAII
1.3× larger
NAII
$34.8M
$27.6M
MSS
Growing faster (revenue YoY)
NAII
NAII
+13.0% gap
NAII
2.1%
-10.9%
MSS
Higher net margin
NAII
NAII
10.6% more per $
NAII
-7.3%
-18.0%
MSS
Faster 2-yr revenue CAGR
MSS
MSS
Annualised
MSS
42.5%
17.7%
NAII

Income Statement — Q2 FY2026 vs Q2 FY2026

Metric
MSS
MSS
NAII
NAII
Revenue
$27.6M
$34.8M
Net Profit
$-5.0M
$-2.6M
Gross Margin
23.4%
7.2%
Operating Margin
-4.9%
-5.3%
Net Margin
-18.0%
-7.3%
Revenue YoY
-10.9%
2.1%
Net Profit YoY
-1840.5%
-16.5%
EPS (diluted)
$-0.23
$-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
MSS
MSS
NAII
NAII
Q4 25
$27.6M
$34.8M
Q3 25
$27.2M
$37.7M
Q2 25
$34.4M
$33.9M
Q1 25
$32.3M
$28.8M
Q4 24
$29.4M
$34.1M
Q3 24
$28.2M
$33.1M
Q2 24
$16.9M
$29.5M
Q1 24
$13.6M
$25.1M
Net Profit
MSS
MSS
NAII
NAII
Q4 25
$-5.0M
$-2.6M
Q3 25
$-1.5M
$-291.0K
Q2 25
$-287.4K
$-7.2M
Q1 25
$1.0M
$-2.2M
Q4 24
$-256.0K
$-2.2M
Q3 24
$700.9K
$-2.0M
Q2 24
$-2.8M
$-1.9M
Q1 24
$-549.0K
$-1.6M
Gross Margin
MSS
MSS
NAII
NAII
Q4 25
23.4%
7.2%
Q3 25
24.1%
11.7%
Q2 25
9.5%
10.4%
Q1 25
21.8%
6.3%
Q4 24
26.9%
4.9%
Q3 24
28.9%
6.8%
Q2 24
13.0%
4.8%
Q1 24
23.4%
7.6%
Operating Margin
MSS
MSS
NAII
NAII
Q4 25
-4.9%
-5.3%
Q3 25
0.7%
0.8%
Q2 25
-15.9%
-5.7%
Q1 25
3.7%
-7.3%
Q4 24
3.2%
-8.2%
Q3 24
7.3%
-5.5%
Q2 24
-14.4%
-8.6%
Q1 24
-2.3%
-7.8%
Net Margin
MSS
MSS
NAII
NAII
Q4 25
-18.0%
-7.3%
Q3 25
-5.7%
-0.8%
Q2 25
-0.8%
-21.3%
Q1 25
3.1%
-7.6%
Q4 24
-0.9%
-6.4%
Q3 24
2.5%
-6.0%
Q2 24
-16.4%
-6.4%
Q1 24
-4.0%
-6.3%
EPS (diluted)
MSS
MSS
NAII
NAII
Q4 25
$-0.23
$-0.42
Q3 25
$-0.08
$-0.05
Q2 25
$-0.02
$-1.21
Q1 25
$0.06
$-0.37
Q4 24
$-0.01
$-0.37
Q3 24
$0.04
$-0.33
Q2 24
$-0.16
$-0.32
Q1 24
$-0.03
$-0.27

Balance Sheet & Financial Strength

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

Metric
MSS
MSS
NAII
NAII
Cash + ST InvestmentsLiquidity on hand
$3.8M
Total DebtLower is stronger
$2.6M
Stockholders' EquityBook value
$11.6M
$67.0M
Total Assets
$75.4M
$153.3M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSS
MSS
NAII
NAII
Q4 25
$3.8M
Q3 25
$1.1M
$7.7M
Q2 25
$775.4K
$12.3M
Q1 25
$445.4K
$10.6M
Q4 24
$355.7K
$8.7M
Q3 24
$588.9K
$10.2M
Q2 24
$2.1M
$12.0M
Q1 24
$9.4M
$12.4M
Total Debt
MSS
MSS
NAII
NAII
Q4 25
$2.6M
Q3 25
$2.6M
Q2 25
$2.6M
Q1 25
Q4 24
Q3 24
$2.5M
Q2 24
$2.6M
Q1 24
$2.6M
Stockholders' Equity
MSS
MSS
NAII
NAII
Q4 25
$11.6M
$67.0M
Q3 25
$10.1M
$69.0M
Q2 25
$11.7M
$68.4M
Q1 25
$12.0M
$76.6M
Q4 24
$10.9M
$79.1M
Q3 24
$11.2M
$80.2M
Q2 24
$10.5M
$82.6M
Q1 24
$13.3M
$84.1M
Total Assets
MSS
MSS
NAII
NAII
Q4 25
$75.4M
$153.3M
Q3 25
$73.3M
$156.9M
Q2 25
$77.4M
$151.9M
Q1 25
$82.7M
$154.9M
Q4 24
$82.7M
$156.1M
Q3 24
$82.1M
$161.3M
Q2 24
$82.4M
$162.3M
Q1 24
$44.2M
$153.2M
Debt / Equity
MSS
MSS
NAII
NAII
Q4 25
0.22×
Q3 25
0.26×
Q2 25
0.22×
Q1 25
Q4 24
Q3 24
0.23×
Q2 24
0.24×
Q1 24
0.19×

Cash Flow & Capital Efficiency

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

Metric
MSS
MSS
NAII
NAII
Operating Cash FlowLast quarter
$-1.7M
$-6.3M
Free Cash FlowOCF − Capex
$-7.3M
FCF MarginFCF / Revenue
-20.9%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-5.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSS
MSS
NAII
NAII
Q4 25
$-1.7M
$-6.3M
Q3 25
$1.1M
$-4.0M
Q2 25
$-1.6M
$3.3M
Q1 25
$1.7M
$6.0M
Q4 24
$1.1M
$37.0K
Q3 24
$3.6M
$-3.4M
Q2 24
$-2.6M
$-2.7M
Q1 24
$-1.4M
$-3.6M
Free Cash Flow
MSS
MSS
NAII
NAII
Q4 25
$-7.3M
Q3 25
$-5.1M
Q2 25
$1.9M
Q1 25
$5.2M
Q4 24
$-1.0M
Q3 24
$-3.7M
Q2 24
$-3.8M
Q1 24
$-3.9M
FCF Margin
MSS
MSS
NAII
NAII
Q4 25
-20.9%
Q3 25
-13.4%
Q2 25
5.6%
Q1 25
18.0%
Q4 24
-3.0%
Q3 24
-11.3%
Q2 24
-12.7%
Q1 24
-15.5%
Capex Intensity
MSS
MSS
NAII
NAII
Q4 25
2.7%
Q3 25
2.7%
Q2 25
4.3%
Q1 25
2.8%
Q4 24
3.1%
Q3 24
0.9%
Q2 24
3.5%
Q1 24
1.1%
Cash Conversion
MSS
MSS
NAII
NAII
Q4 25
Q3 25
Q2 25
Q1 25
1.66×
Q4 24
Q3 24
5.12×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MSS
MSS

Perishables$14.4M52%
Nonperishables$13.2M48%

NAII
NAII

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

Related Comparisons