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Side-by-side financial comparison of Natural Grocers by Vitamin Cottage, Inc. (NGVC) and SOLAREDGE TECHNOLOGIES, INC. (SEDG). 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 $335.4M, roughly 1.0× SOLAREDGE TECHNOLOGIES, INC.). Natural Grocers by Vitamin Cottage, Inc. runs the higher net margin — 3.4% vs -39.4%, a 42.8% gap on every dollar of revenue. On growth, SOLAREDGE TECHNOLOGIES, INC. posted the faster year-over-year revenue change (70.9% vs 1.6%). SOLAREDGE TECHNOLOGIES, INC. produced more free cash flow last quarter ($43.3M vs $11.6M). Over the past eight quarters, SOLAREDGE TECHNOLOGIES, INC.'s revenue compounded faster (28.1% 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.
SolarEdge Technologies, Inc. is an Israeli company that developed a DC optimized inverter system.
NGVC vs SEDG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $335.6M | $335.4M |
| Net Profit | $11.3M | $-132.1M |
| Gross Margin | 29.5% | 22.2% |
| Operating Margin | 4.4% | -14.4% |
| Net Margin | 3.4% | -39.4% |
| Revenue YoY | 1.6% | 70.9% |
| Net Profit YoY | 14.0% | 54.0% |
| EPS (diluted) | $0.49 | $-2.21 |
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 | $335.4M | ||
| Q3 25 | $336.1M | $340.2M | ||
| Q2 25 | $328.7M | $289.4M | ||
| Q1 25 | $335.8M | $219.5M | ||
| Q4 24 | $330.2M | $196.2M | ||
| Q3 24 | $322.7M | $235.4M | ||
| Q2 24 | $309.1M | $265.4M | ||
| Q1 24 | $308.1M | $204.4M |
| Q4 25 | $11.3M | $-132.1M | ||
| Q3 25 | $11.8M | $-50.1M | ||
| Q2 25 | $11.6M | $-124.7M | ||
| Q1 25 | $13.1M | $-98.5M | ||
| Q4 24 | $9.9M | $-287.4M | ||
| Q3 24 | $9.0M | $-1.2B | ||
| Q2 24 | $9.2M | $-130.8M | ||
| Q1 24 | $8.0M | $-157.3M |
| Q4 25 | 29.5% | 22.2% | ||
| Q3 25 | 29.5% | 21.2% | ||
| Q2 25 | 29.9% | 11.1% | ||
| Q1 25 | 30.3% | 8.0% | ||
| Q4 24 | 29.9% | -57.2% | ||
| Q3 24 | 29.6% | -309.1% | ||
| Q2 24 | 29.2% | -4.1% | ||
| Q1 24 | 29.3% | -12.8% |
| Q4 25 | 4.4% | -14.4% | ||
| Q3 25 | 4.6% | -10.3% | ||
| Q2 25 | 4.7% | -39.9% | ||
| Q1 25 | 5.2% | -46.8% | ||
| Q4 24 | 4.0% | -134.4% | ||
| Q3 24 | 3.7% | -471.8% | ||
| Q2 24 | 4.2% | -60.4% | ||
| Q1 24 | 3.7% | -85.0% |
| Q4 25 | 3.4% | -39.4% | ||
| Q3 25 | 3.5% | -14.7% | ||
| Q2 25 | 3.5% | -43.1% | ||
| Q1 25 | 3.9% | -44.9% | ||
| Q4 24 | 3.0% | -146.5% | ||
| Q3 24 | 2.8% | -522.8% | ||
| Q2 24 | 3.0% | -49.3% | ||
| Q1 24 | 2.6% | -77.0% |
| Q4 25 | $0.49 | $-2.21 | ||
| Q3 25 | $0.51 | $-0.84 | ||
| Q2 25 | $0.50 | $-2.13 | ||
| Q1 25 | $0.56 | $-1.70 | ||
| Q4 24 | $0.43 | $-5.00 | ||
| Q3 24 | $0.38 | $-21.58 | ||
| Q2 24 | $0.40 | $-2.31 | ||
| Q1 24 | $0.35 | $-2.75 |
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 | $493.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $220.0M | $427.5M |
| Total Assets | $668.6M | $2.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.2M | $493.2M | ||
| Q3 25 | $17.1M | $498.6M | ||
| Q2 25 | $13.2M | $758.0M | ||
| Q1 25 | $21.2M | $651.6M | ||
| Q4 24 | $6.3M | $585.9M | ||
| Q3 24 | $8.9M | $678.8M | ||
| Q2 24 | $13.9M | $689.8M | ||
| Q1 24 | $11.0M | $680.6M |
| Q4 25 | $220.0M | $427.5M | ||
| Q3 25 | $212.4M | $479.8M | ||
| Q2 25 | $202.5M | $513.2M | ||
| Q1 25 | $193.0M | $594.2M | ||
| Q4 24 | $181.9M | $658.3M | ||
| Q3 24 | $174.3M | $930.9M | ||
| Q2 24 | $167.8M | $2.1B | ||
| Q1 24 | $160.0M | $2.2B |
| Q4 25 | $668.6M | $2.2B | ||
| Q3 25 | $670.5M | $2.2B | ||
| Q2 25 | $659.0M | $2.5B | ||
| Q1 25 | $664.6M | $2.5B | ||
| Q4 24 | $648.9M | $2.6B | ||
| Q3 24 | $655.5M | $2.8B | ||
| Q2 24 | $654.4M | $3.9B | ||
| Q1 24 | $656.6M | $4.2B |
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 | $52.6M |
| Free Cash FlowOCF − Capex | $11.6M | $43.3M |
| FCF MarginFCF / Revenue | 3.4% | 12.9% |
| Capex IntensityCapex / Revenue | 2.9% | 2.8% |
| Cash ConversionOCF / Net Profit | 1.86× | — |
| TTM Free Cash FlowTrailing 4 quarters | $42.6M | $80.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $21.1M | $52.6M | ||
| Q3 25 | $15.6M | $25.6M | ||
| Q2 25 | $2.9M | $-7.8M | ||
| Q1 25 | $34.1M | $33.8M | ||
| Q4 24 | $2.7M | $37.8M | ||
| Q3 24 | $24.5M | $-89.3M | ||
| Q2 24 | $12.4M | $-44.8M | ||
| Q1 24 | $20.2M | $-217.0M |
| Q4 25 | $11.6M | $43.3M | ||
| Q3 25 | $7.5M | $22.8M | ||
| Q2 25 | $-4.2M | $-9.1M | ||
| Q1 25 | $27.6M | $23.7M | ||
| Q4 24 | $-6.9M | $25.5M | ||
| Q3 24 | $18.0M | $-136.7M | ||
| Q2 24 | $3.6M | $-67.0M | ||
| Q1 24 | $9.8M | $-243.4M |
| Q4 25 | 3.4% | 12.9% | ||
| Q3 25 | 2.2% | 6.7% | ||
| Q2 25 | -1.3% | -3.1% | ||
| Q1 25 | 8.2% | 10.8% | ||
| Q4 24 | -2.1% | 13.0% | ||
| Q3 24 | 5.6% | -58.1% | ||
| Q2 24 | 1.2% | -25.2% | ||
| Q1 24 | 3.2% | -119.1% |
| Q4 25 | 2.9% | 2.8% | ||
| Q3 25 | 2.4% | 0.8% | ||
| Q2 25 | 2.2% | 0.4% | ||
| Q1 25 | 1.9% | 4.6% | ||
| Q4 24 | 2.9% | 6.2% | ||
| Q3 24 | 2.0% | 20.1% | ||
| Q2 24 | 2.9% | 8.4% | ||
| Q1 24 | 3.4% | 12.9% |
| 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% |
SEDG
| Other | $197.7M | 59% |
| Europe Except Netherlands | $99.4M | 30% |
| Others | $38.2M | 11% |
