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Side-by-side financial comparison of New Fortress Energy Inc. (NFE) 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 $326.2M, roughly 1.0× New Fortress Energy Inc.). Natural Grocers by Vitamin Cottage, Inc. runs the higher net margin — 3.4% vs -259.7%, a 263.0% 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 -7.0%). Natural Grocers by Vitamin Cottage, Inc. produced more free cash flow last quarter ($11.6M vs $-134.8M). Over the past eight quarters, Natural Grocers by Vitamin Cottage, Inc.'s revenue compounded faster (4.4% CAGR vs -26.8%).
New Fortress Energy Inc. is a global energy infrastructure firm developing, owning and operating LNG import/export terminals, natural gas supply networks and low-carbon projects. It serves utility, industrial and public sector clients across the Americas and Caribbean, delivering affordable, lower-emission energy resources.
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.
NFE vs NGVC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $326.2M | $335.6M |
| Net Profit | $-847.1M | $11.3M |
| Gross Margin | 35.5% | 29.5% |
| Operating Margin | -193.0% | 4.4% |
| Net Margin | -259.7% | 3.4% |
| Revenue YoY | -7.0% | 1.6% |
| Net Profit YoY | -277.4% | 14.0% |
| EPS (diluted) | $-3.03 | $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 | $326.2M | $335.6M | ||
| Q3 25 | $240.3M | $336.1M | ||
| Q2 25 | $228.1M | $328.7M | ||
| Q1 25 | $384.9M | $335.8M | ||
| Q4 24 | $350.7M | $330.2M | ||
| Q3 24 | $446.0M | $322.7M | ||
| Q2 24 | $291.2M | $309.1M | ||
| Q1 24 | $609.5M | $308.1M |
| Q4 25 | $-847.1M | $11.3M | ||
| Q3 25 | $-263.0M | $11.8M | ||
| Q2 25 | $-546.5M | $11.6M | ||
| Q1 25 | $-175.4M | $13.1M | ||
| Q4 24 | $-224.4M | $9.9M | ||
| Q3 24 | $9.3M | $9.0M | ||
| Q2 24 | $-88.9M | $9.2M | ||
| Q1 24 | $54.1M | $8.0M |
| Q4 25 | 35.5% | 29.5% | ||
| Q3 25 | 18.1% | 29.5% | ||
| Q2 25 | 8.4% | 29.9% | ||
| Q1 25 | 21.4% | 30.3% | ||
| Q4 24 | 17.6% | 29.9% | ||
| Q3 24 | 27.1% | 29.6% | ||
| Q2 24 | 23.8% | 29.2% | ||
| Q1 24 | 62.4% | 29.3% |
| Q4 25 | -193.0% | 4.4% | ||
| Q3 25 | -37.4% | 4.6% | ||
| Q2 25 | -170.3% | 4.7% | ||
| Q1 25 | -3.3% | 5.2% | ||
| Q4 24 | 65.0% | 4.0% | ||
| Q3 24 | 17.8% | 3.7% | ||
| Q2 24 | 12.3% | 4.2% | ||
| Q1 24 | 30.4% | 3.7% |
| Q4 25 | -259.7% | 3.4% | ||
| Q3 25 | -109.4% | 3.5% | ||
| Q2 25 | -239.6% | 3.5% | ||
| Q1 25 | -45.6% | 3.9% | ||
| Q4 24 | -64.0% | 3.0% | ||
| Q3 24 | 2.1% | 2.8% | ||
| Q2 24 | -30.5% | 3.0% | ||
| Q1 24 | 8.9% | 2.6% |
| Q4 25 | $-3.03 | $0.49 | ||
| Q3 25 | $-0.96 | $0.51 | ||
| Q2 25 | $-1.99 | $0.50 | ||
| Q1 25 | $-0.65 | $0.56 | ||
| Q4 24 | $-1.10 | $0.43 | ||
| Q3 24 | $0.03 | $0.38 | ||
| Q2 24 | $-0.42 | $0.40 | ||
| Q1 24 | $0.23 | $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 | $226.5M | $23.2M |
| Total DebtLower is stronger | $8.2B | — |
| Stockholders' EquityBook value | $182.6M | $220.0M |
| Total Assets | $10.6B | $668.6M |
| Debt / EquityLower = less leverage | 44.78× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $226.5M | $23.2M | ||
| Q3 25 | $145.2M | $17.1M | ||
| Q2 25 | $551.1M | $13.2M | ||
| Q1 25 | $447.9M | $21.2M | ||
| Q4 24 | $492.9M | $6.3M | ||
| Q3 24 | $90.8M | $8.9M | ||
| Q2 24 | $133.0M | $13.9M | ||
| Q1 24 | $143.5M | $11.0M |
| Q4 25 | $8.2B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.9B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $182.6M | $220.0M | ||
| Q3 25 | $1.1B | $212.4M | ||
| Q2 25 | $1.3B | $202.5M | ||
| Q1 25 | $1.8B | $193.0M | ||
| Q4 24 | $1.9B | $181.9M | ||
| Q3 24 | $1.6B | $174.3M | ||
| Q2 24 | $1.6B | $167.8M | ||
| Q1 24 | $1.7B | $160.0M |
| Q4 25 | $10.6B | $668.6M | ||
| Q3 25 | $12.0B | $670.5M | ||
| Q2 25 | $12.0B | $659.0M | ||
| Q1 25 | $13.1B | $664.6M | ||
| Q4 24 | $12.9B | $648.9M | ||
| Q3 24 | $12.0B | $655.5M | ||
| Q2 24 | $11.4B | $654.4M | ||
| Q1 24 | $10.9B | $656.6M |
| Q4 25 | 44.78× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.74× | — | ||
| 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 | $-76.2M | $21.1M |
| Free Cash FlowOCF − Capex | $-134.8M | $11.6M |
| FCF MarginFCF / Revenue | -41.3% | 3.4% |
| Capex IntensityCapex / Revenue | 18.0% | 2.9% |
| Cash ConversionOCF / Net Profit | — | 1.86× |
| TTM Free Cash FlowTrailing 4 quarters | $-1.4B | $42.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-76.2M | $21.1M | ||
| Q3 25 | $-171.0M | $15.6M | ||
| Q2 25 | $-329.0M | $2.9M | ||
| Q1 25 | $-7.2M | $34.1M | ||
| Q4 24 | $445.3M | $2.7M | ||
| Q3 24 | $-20.0M | $24.5M | ||
| Q2 24 | $113.9M | $12.4M | ||
| Q1 24 | $63.0M | $20.2M |
| Q4 25 | $-134.8M | $11.6M | ||
| Q3 25 | $-231.6M | $7.5M | ||
| Q2 25 | $-726.7M | $-4.2M | ||
| Q1 25 | $-262.3M | $27.6M | ||
| Q4 24 | $-210.3M | $-6.9M | ||
| Q3 24 | $-367.0M | $18.0M | ||
| Q2 24 | $-493.2M | $3.6M | ||
| Q1 24 | $-457.9M | $9.8M |
| Q4 25 | -41.3% | 3.4% | ||
| Q3 25 | -96.4% | 2.2% | ||
| Q2 25 | -318.6% | -1.3% | ||
| Q1 25 | -68.2% | 8.2% | ||
| Q4 24 | -60.0% | -2.1% | ||
| Q3 24 | -82.3% | 5.6% | ||
| Q2 24 | -169.3% | 1.2% | ||
| Q1 24 | -75.1% | 3.2% |
| Q4 25 | 18.0% | 2.9% | ||
| Q3 25 | 25.2% | 2.4% | ||
| Q2 25 | 174.4% | 2.2% | ||
| Q1 25 | 66.3% | 1.9% | ||
| Q4 24 | 187.0% | 2.9% | ||
| Q3 24 | 77.8% | 2.0% | ||
| Q2 24 | 208.4% | 2.9% | ||
| Q1 24 | 85.5% | 3.4% |
| Q4 25 | — | 1.86× | ||
| Q3 25 | — | 1.32× | ||
| Q2 25 | — | 0.25× | ||
| Q1 25 | — | 2.60× | ||
| Q4 24 | — | 0.27× | ||
| Q3 24 | -2.15× | 2.72× | ||
| Q2 24 | — | 1.35× | ||
| Q1 24 | 1.16× | 2.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NFE
Segment breakdown not available.
NGVC
| Grocery | $243.8M | 73% |
| Dietary Supplements | $60.7M | 18% |
| Manufactured Product Other | $31.0M | 9% |
