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Side-by-side financial comparison of NATURAL ALTERNATIVES INTERNATIONAL INC (NAII) and Vitesse Energy, Inc. (VTS). Click either name above to swap in a different company.

Vitesse Energy, Inc. is the larger business by last-quarter revenue ($58.6M vs $34.8M, roughly 1.7× NATURAL ALTERNATIVES INTERNATIONAL INC). Vitesse Energy, Inc. runs the higher net margin — -1.3% vs -7.3%, a 6.1% gap on every dollar of revenue. On growth, Vitesse Energy, Inc. posted the faster year-over-year revenue change (4.8% vs 2.1%). Over the past eight quarters, NATURAL ALTERNATIVES INTERNATIONAL INC's revenue compounded faster (17.7% CAGR vs -2.1%).

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.

Vitesse Energy, Inc. is a U.S.-headquartered independent energy company focused on exploration, development, and production of oil and natural gas assets. It operates primarily in high-potential onshore basins including North Dakota's Williston Basin, serving domestic and global upstream energy market demand.

NAII vs VTS — Head-to-Head

Bigger by revenue
VTS
VTS
1.7× larger
VTS
$58.6M
$34.8M
NAII
Growing faster (revenue YoY)
VTS
VTS
+2.7% gap
VTS
4.8%
2.1%
NAII
Higher net margin
VTS
VTS
6.1% more per $
VTS
-1.3%
-7.3%
NAII
Faster 2-yr revenue CAGR
NAII
NAII
Annualised
NAII
17.7%
-2.1%
VTS

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
NAII
NAII
VTS
VTS
Revenue
$34.8M
$58.6M
Net Profit
$-2.6M
$-739.0K
Gross Margin
7.2%
Operating Margin
-5.3%
-12.0%
Net Margin
-7.3%
-1.3%
Revenue YoY
2.1%
4.8%
Net Profit YoY
-16.5%
85.6%
EPS (diluted)
$-0.42
$-0.01

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
VTS
VTS
Q4 25
$34.8M
$58.6M
Q3 25
$37.7M
$67.4M
Q2 25
$33.9M
$81.8M
Q1 25
$28.8M
$66.2M
Q4 24
$34.1M
$55.9M
Q3 24
$33.1M
$58.3M
Q2 24
$29.5M
$66.6M
Q1 24
$25.1M
$61.2M
Net Profit
NAII
NAII
VTS
VTS
Q4 25
$-2.6M
$-739.0K
Q3 25
$-291.0K
$-1.3M
Q2 25
$-7.2M
$24.7M
Q1 25
$-2.2M
$2.7M
Q4 24
$-2.2M
$-5.1M
Q3 24
$-2.0M
$17.4M
Q2 24
$-1.9M
$10.9M
Q1 24
$-1.6M
$-2.2M
Gross Margin
NAII
NAII
VTS
VTS
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
VTS
VTS
Q4 25
-5.3%
-12.0%
Q3 25
0.8%
0.2%
Q2 25
-5.7%
22.8%
Q1 25
-7.3%
8.1%
Q4 24
-8.2%
3.7%
Q3 24
-5.5%
15.4%
Q2 24
-8.6%
25.2%
Q1 24
-7.8%
21.4%
Net Margin
NAII
NAII
VTS
VTS
Q4 25
-7.3%
-1.3%
Q3 25
-0.8%
-1.9%
Q2 25
-21.3%
30.2%
Q1 25
-7.6%
4.0%
Q4 24
-6.4%
-9.2%
Q3 24
-6.0%
29.9%
Q2 24
-6.4%
16.4%
Q1 24
-6.3%
-3.6%
EPS (diluted)
NAII
NAII
VTS
VTS
Q4 25
$-0.42
$-0.01
Q3 25
$-0.05
$-0.03
Q2 25
$-1.21
$0.60
Q1 25
$-0.37
$0.08
Q4 24
$-0.37
$-0.15
Q3 24
$-0.33
$0.53
Q2 24
$-0.32
$0.33
Q1 24
$-0.27
$-0.07

Balance Sheet & Financial Strength

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

Metric
NAII
NAII
VTS
VTS
Cash + ST InvestmentsLiquidity on hand
$3.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$67.0M
$629.3M
Total Assets
$153.3M
$893.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NAII
NAII
VTS
VTS
Q4 25
$3.8M
Q3 25
$7.7M
Q2 25
$12.3M
Q1 25
$10.6M
$4.5M
Q4 24
$8.7M
$3.0M
Q3 24
$10.2M
Q2 24
$12.0M
Q1 24
$12.4M
Stockholders' Equity
NAII
NAII
VTS
VTS
Q4 25
$67.0M
$629.3M
Q3 25
$69.0M
$650.3M
Q2 25
$68.4M
$671.9M
Q1 25
$76.6M
$667.7M
Q4 24
$79.1M
$500.3M
Q3 24
$80.2M
$520.4M
Q2 24
$82.6M
$518.5M
Q1 24
$84.1M
$522.7M
Total Assets
NAII
NAII
VTS
VTS
Q4 25
$153.3M
$893.4M
Q3 25
$156.9M
$932.9M
Q2 25
$151.9M
$951.5M
Q1 25
$154.9M
$975.2M
Q4 24
$156.1M
$810.9M
Q3 24
$161.3M
$791.2M
Q2 24
$162.3M
$778.4M
Q1 24
$153.2M
$749.7M

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
VTS
VTS
Operating Cash FlowLast quarter
$-6.3M
$37.4M
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
VTS
VTS
Q4 25
$-6.3M
$37.4M
Q3 25
$-4.0M
$49.4M
Q2 25
$3.3M
$66.0M
Q1 25
$6.0M
$17.5M
Q4 24
$37.0K
$34.7M
Q3 24
$-3.4M
$45.7M
Q2 24
$-2.7M
$35.2M
Q1 24
$-3.6M
$39.4M
Free Cash Flow
NAII
NAII
VTS
VTS
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
VTS
VTS
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
VTS
VTS
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
VTS
VTS
Q4 25
Q3 25
Q2 25
2.68×
Q1 25
6.56×
Q4 24
Q3 24
2.62×
Q2 24
3.22×
Q1 24

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%

VTS
VTS

Oil Reserves$54.5M93%
Natural Gas Reserves$4.2M7%

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