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Side-by-side financial comparison of NATURAL ALTERNATIVES INTERNATIONAL INC (NAII) and PEDEVCO CORP (PED). 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 $23.1M, roughly 1.5× PEDEVCO CORP). NATURAL ALTERNATIVES INTERNATIONAL INC runs the higher net margin — -7.3% vs -36.8%, a 29.5% gap on every dollar of revenue. On growth, PEDEVCO CORP posted the faster year-over-year revenue change (118.2% vs 2.1%). Over the past eight quarters, PEDEVCO CORP's revenue compounded faster (68.6% CAGR vs 17.7%).

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.

PEDEVCO Corp is an independent energy company specializing in the acquisition, exploration, development, and production of oil and natural gas assets. It primarily holds and operates onshore resource properties across continental US basins, serving domestic wholesale, utility, and industrial energy customer segments.

NAII vs PED — Head-to-Head

Bigger by revenue
NAII
NAII
1.5× larger
NAII
$34.8M
$23.1M
PED
Growing faster (revenue YoY)
PED
PED
+116.1% gap
PED
118.2%
2.1%
NAII
Higher net margin
NAII
NAII
29.5% more per $
NAII
-7.3%
-36.8%
PED
Faster 2-yr revenue CAGR
PED
PED
Annualised
PED
68.6%
17.7%
NAII

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
NAII
NAII
PED
PED
Revenue
$34.8M
$23.1M
Net Profit
$-2.6M
$-8.5M
Gross Margin
7.2%
Operating Margin
-5.3%
-21.3%
Net Margin
-7.3%
-36.8%
Revenue YoY
2.1%
118.2%
Net Profit YoY
-16.5%
-243.5%
EPS (diluted)
$-0.42
$-2.23

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
NAII
NAII
PED
PED
Q4 25
$34.8M
$23.1M
Q3 25
$37.7M
$7.0M
Q2 25
$33.9M
$7.0M
Q1 25
$28.8M
$8.7M
Q4 24
$34.1M
$10.6M
Q3 24
$33.1M
$9.1M
Q2 24
$29.5M
$11.8M
Q1 24
$25.1M
$8.1M
Net Profit
NAII
NAII
PED
PED
Q4 25
$-2.6M
$-8.5M
Q3 25
$-291.0K
$-325.0K
Q2 25
$-7.2M
$-1.7M
Q1 25
$-2.2M
$140.0K
Q4 24
$-2.2M
$5.9M
Q3 24
$-2.0M
$2.9M
Q2 24
$-1.9M
$2.7M
Q1 24
$-1.6M
$773.0K
Gross Margin
NAII
NAII
PED
PED
Q4 25
7.2%
Q3 25
11.7%
Q2 25
10.4%
Q1 25
6.3%
Q4 24
4.9%
Q3 24
6.8%
Q2 24
4.8%
Q1 24
7.6%
Operating Margin
NAII
NAII
PED
PED
Q4 25
-5.3%
-21.3%
Q3 25
0.8%
-12.0%
Q2 25
-5.7%
-32.2%
Q1 25
-7.3%
1.7%
Q4 24
-8.2%
-12.9%
Q3 24
-5.5%
31.3%
Q2 24
-8.6%
22.3%
Q1 24
-7.8%
7.6%
Net Margin
NAII
NAII
PED
PED
Q4 25
-7.3%
-36.8%
Q3 25
-0.8%
-4.7%
Q2 25
-21.3%
-24.0%
Q1 25
-7.6%
1.6%
Q4 24
-6.4%
56.0%
Q3 24
-6.0%
32.2%
Q2 24
-6.4%
22.7%
Q1 24
-6.3%
9.5%
EPS (diluted)
NAII
NAII
PED
PED
Q4 25
$-0.42
$-2.23
Q3 25
$-0.05
$0.00
Q2 25
$-1.21
$-0.02
Q1 25
$-0.37
$0.00
Q4 24
$-0.37
$2.69
Q3 24
$-0.33
$0.03
Q2 24
$-0.32
$0.03
Q1 24
$-0.27
$0.01

Balance Sheet & Financial Strength

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

Metric
NAII
NAII
PED
PED
Cash + ST InvestmentsLiquidity on hand
$3.8M
$3.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$67.0M
$207.4M
Total Assets
$153.3M
$375.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NAII
NAII
PED
PED
Q4 25
$3.8M
$3.2M
Q3 25
$7.7M
$10.9M
Q2 25
$12.3M
$8.5M
Q1 25
$10.6M
$10.4M
Q4 24
$8.7M
$4.0M
Q3 24
$10.2M
$4.6M
Q2 24
$12.0M
$6.1M
Q1 24
$12.4M
$13.3M
Stockholders' Equity
NAII
NAII
PED
PED
Q4 25
$67.0M
$207.4M
Q3 25
$69.0M
$115.4M
Q2 25
$68.4M
$115.2M
Q1 25
$76.6M
$116.2M
Q4 24
$79.1M
$115.6M
Q3 24
$80.2M
$106.5M
Q2 24
$82.6M
$103.2M
Q1 24
$84.1M
$100.0M
Total Assets
NAII
NAII
PED
PED
Q4 25
$153.3M
$375.9M
Q3 25
$156.9M
$135.9M
Q2 25
$151.9M
$136.8M
Q1 25
$154.9M
$145.6M
Q4 24
$156.1M
$128.3M
Q3 24
$161.3M
$114.3M
Q2 24
$162.3M
$111.0M
Q1 24
$153.2M
$118.3M

Cash Flow & Capital Efficiency

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

Metric
NAII
NAII
PED
PED
Operating Cash FlowLast quarter
$-6.3M
$-2.1M
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
NAII
NAII
PED
PED
Q4 25
$-6.3M
$-2.1M
Q3 25
$-4.0M
$7.4M
Q2 25
$3.3M
$-420.0K
Q1 25
$6.0M
$5.9M
Q4 24
$37.0K
$4.2M
Q3 24
$-3.4M
$8.3M
Q2 24
$-2.7M
$4.6M
Q1 24
$-3.6M
$-4.3M
Free Cash Flow
NAII
NAII
PED
PED
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
NAII
NAII
PED
PED
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
NAII
NAII
PED
PED
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
NAII
NAII
PED
PED
Q4 25
Q3 25
Q2 25
Q1 25
42.34×
Q4 24
0.71×
Q3 24
2.83×
Q2 24
1.71×
Q1 24
-5.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NAII
NAII

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

PED
PED

Segment breakdown not available.

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