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Side-by-side financial comparison of Natural Grocers by Vitamin Cottage, Inc. (NGVC) and PROCORE TECHNOLOGIES, INC. (PCOR). Click either name above to swap in a different company.
PROCORE TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($349.1M vs $335.6M, roughly 1.0× Natural Grocers by Vitamin Cottage, Inc.). Natural Grocers by Vitamin Cottage, Inc. runs the higher net margin — 3.4% vs -10.8%, a 14.1% gap on every dollar of revenue. On growth, PROCORE TECHNOLOGIES, INC. posted the faster year-over-year revenue change (15.6% vs 1.6%). PROCORE TECHNOLOGIES, INC. produced more free cash flow last quarter ($109.2M vs $11.6M). Over the past eight quarters, PROCORE TECHNOLOGIES, INC.'s revenue compounded faster (13.8% CAGR vs 4.4%).
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.
Procore Technologies is an American construction management software as a service company founded in 2002, with headquarters in Carpinteria, California. Procore hosts a platform to connect those involved in the construction industry on a global platform. The software allows for the creation of simplified workflows and displays a consolidated view of construction products that includes the tracking of tasks, management of project workflows, and scheduling.
NGVC vs PCOR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $335.6M | $349.1M |
| Net Profit | $11.3M | $-37.6M |
| Gross Margin | 29.5% | 80.1% |
| Operating Margin | 4.4% | -12.3% |
| Net Margin | 3.4% | -10.8% |
| Revenue YoY | 1.6% | 15.6% |
| Net Profit YoY | 14.0% | 39.6% |
| EPS (diluted) | $0.49 | $-0.25 |
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 | $335.6M | $349.1M | ||
| Q3 25 | $336.1M | $338.9M | ||
| Q2 25 | $328.7M | $323.9M | ||
| Q1 25 | $335.8M | $310.6M | ||
| Q4 24 | $330.2M | $302.0M | ||
| Q3 24 | $322.7M | $295.9M | ||
| Q2 24 | $309.1M | $284.3M | ||
| Q1 24 | $308.1M | $269.4M |
| Q4 25 | $11.3M | $-37.6M | ||
| Q3 25 | $11.8M | $-9.1M | ||
| Q2 25 | $11.6M | $-21.1M | ||
| Q1 25 | $13.1M | $-33.0M | ||
| Q4 24 | $9.9M | $-62.3M | ||
| Q3 24 | $9.0M | $-26.4M | ||
| Q2 24 | $9.2M | $-6.3M | ||
| Q1 24 | $8.0M | $-11.0M |
| Q4 25 | 29.5% | 80.1% | ||
| Q3 25 | 29.5% | 79.7% | ||
| Q2 25 | 29.9% | 79.1% | ||
| Q1 25 | 30.3% | 79.1% | ||
| Q4 24 | 29.9% | 81.2% | ||
| Q3 24 | 29.6% | 81.4% | ||
| Q2 24 | 29.2% | 83.1% | ||
| Q1 24 | 29.3% | 83.0% |
| Q4 25 | 4.4% | -12.3% | ||
| Q3 25 | 4.6% | -4.4% | ||
| Q2 25 | 4.7% | -9.3% | ||
| Q1 25 | 5.2% | -11.7% | ||
| Q4 24 | 4.0% | -21.9% | ||
| Q3 24 | 3.7% | -12.3% | ||
| Q2 24 | 4.2% | -5.2% | ||
| Q1 24 | 3.7% | -7.0% |
| Q4 25 | 3.4% | -10.8% | ||
| Q3 25 | 3.5% | -2.7% | ||
| Q2 25 | 3.5% | -6.5% | ||
| Q1 25 | 3.9% | -10.6% | ||
| Q4 24 | 3.0% | -20.6% | ||
| Q3 24 | 2.8% | -8.9% | ||
| Q2 24 | 3.0% | -2.2% | ||
| Q1 24 | 2.6% | -4.1% |
| Q4 25 | $0.49 | $-0.25 | ||
| Q3 25 | $0.51 | $-0.06 | ||
| Q2 25 | $0.50 | $-0.14 | ||
| Q1 25 | $0.56 | $-0.22 | ||
| Q4 24 | $0.43 | $-0.42 | ||
| Q3 24 | $0.38 | $-0.18 | ||
| Q2 24 | $0.40 | $-0.04 | ||
| Q1 24 | $0.35 | $-0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $23.2M | $768.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $220.0M | $1.3B |
| Total Assets | $668.6M | $2.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.2M | $768.5M | ||
| Q3 25 | $17.1M | $684.0M | ||
| Q2 25 | $13.2M | $620.9M | ||
| Q1 25 | $21.2M | $566.7M | ||
| Q4 24 | $6.3M | $775.4M | ||
| Q3 24 | $8.9M | $756.9M | ||
| Q2 24 | $13.9M | $735.4M | ||
| Q1 24 | $11.0M | $744.6M |
| Q4 25 | $220.0M | $1.3B | ||
| Q3 25 | $212.4M | $1.2B | ||
| Q2 25 | $202.5M | $1.2B | ||
| Q1 25 | $193.0M | $1.2B | ||
| Q4 24 | $181.9M | $1.3B | ||
| Q3 24 | $174.3M | $1.3B | ||
| Q2 24 | $167.8M | $1.3B | ||
| Q1 24 | $160.0M | $1.2B |
| Q4 25 | $668.6M | $2.2B | ||
| Q3 25 | $670.5M | $2.1B | ||
| Q2 25 | $659.0M | $2.0B | ||
| Q1 25 | $664.6M | $1.9B | ||
| Q4 24 | $648.9M | $2.1B | ||
| Q3 24 | $655.5M | $2.0B | ||
| Q2 24 | $654.4M | $2.0B | ||
| Q1 24 | $656.6M | $1.9B |
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 | $21.1M | $114.9M |
| Free Cash FlowOCF − Capex | $11.6M | $109.2M |
| FCF MarginFCF / Revenue | 3.4% | 31.3% |
| Capex IntensityCapex / Revenue | 2.9% | 1.6% |
| Cash ConversionOCF / Net Profit | 1.86× | — |
| TTM Free Cash FlowTrailing 4 quarters | $42.6M | $282.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $21.1M | $114.9M | ||
| Q3 25 | $15.6M | $88.5M | ||
| Q2 25 | $2.9M | $30.8M | ||
| Q1 25 | $34.1M | $66.0M | ||
| Q4 24 | $2.7M | $29.1M | ||
| Q3 24 | $24.5M | $39.3M | ||
| Q2 24 | $12.4M | $58.7M | ||
| Q1 24 | $20.2M | $69.1M |
| Q4 25 | $11.6M | $109.2M | ||
| Q3 25 | $7.5M | $83.1M | ||
| Q2 25 | $-4.2M | $27.9M | ||
| Q1 25 | $27.6M | $62.0M | ||
| Q4 24 | $-6.9M | $17.4M | ||
| Q3 24 | $18.0M | $35.7M | ||
| Q2 24 | $3.6M | $56.8M | ||
| Q1 24 | $9.8M | $67.1M |
| Q4 25 | 3.4% | 31.3% | ||
| Q3 25 | 2.2% | 24.5% | ||
| Q2 25 | -1.3% | 8.6% | ||
| Q1 25 | 8.2% | 20.0% | ||
| Q4 24 | -2.1% | 5.8% | ||
| Q3 24 | 5.6% | 12.1% | ||
| Q2 24 | 1.2% | 20.0% | ||
| Q1 24 | 3.2% | 24.9% |
| Q4 25 | 2.9% | 1.6% | ||
| Q3 25 | 2.4% | 1.6% | ||
| Q2 25 | 2.2% | 0.9% | ||
| Q1 25 | 1.9% | 1.3% | ||
| Q4 24 | 2.9% | 3.9% | ||
| Q3 24 | 2.0% | 1.2% | ||
| Q2 24 | 2.9% | 0.7% | ||
| Q1 24 | 3.4% | 0.8% |
| Q4 25 | 1.86× | — | ||
| Q3 25 | 1.32× | — | ||
| Q2 25 | 0.25× | — | ||
| Q1 25 | 2.60× | — | ||
| Q4 24 | 0.27× | — | ||
| Q3 24 | 2.72× | — | ||
| Q2 24 | 1.35× | — | ||
| Q1 24 | 2.54× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NGVC
| Grocery | $243.8M | 73% |
| Dietary Supplements | $60.7M | 18% |
| Manufactured Product Other | $31.0M | 9% |
PCOR
| US | $298.3M | 85% |
| Non Us | $50.9M | 15% |
