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Side-by-side financial comparison of Natural Grocers by Vitamin Cottage, Inc. (NGVC) and XPLR Infrastructure, LP (XIFR). 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 $249.0M, roughly 1.3× XPLR Infrastructure, LP). XPLR Infrastructure, LP runs the higher net margin — 11.2% vs 3.4%, a 7.9% 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 -15.3%). Natural Grocers by Vitamin Cottage, Inc. produced more free cash flow last quarter ($11.6M vs $-88.0M). Over the past eight quarters, Natural Grocers by Vitamin Cottage, Inc.'s revenue compounded faster (4.4% CAGR vs -1.6%).
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.
XPLR Infrastructure is a publicly traded subsidiary of NextEra Energy, is a Juno Beach, Florida-based renewable energy company.
NGVC vs XIFR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $335.6M | $249.0M |
| Net Profit | $11.3M | $28.0M |
| Gross Margin | 29.5% | — |
| Operating Margin | 4.4% | -19.3% |
| Net Margin | 3.4% | 11.2% |
| Revenue YoY | 1.6% | -15.3% |
| Net Profit YoY | 14.0% | 124.3% |
| EPS (diluted) | $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 | $335.6M | $249.0M | ||
| Q3 25 | $336.1M | $315.0M | ||
| Q2 25 | $328.7M | $342.0M | ||
| Q1 25 | $335.8M | $282.0M | ||
| Q4 24 | $330.2M | $294.0M | ||
| Q3 24 | $322.7M | $319.0M | ||
| Q2 24 | $309.1M | $360.0M | ||
| Q1 24 | $308.1M | $257.0M |
| Q4 25 | $11.3M | $28.0M | ||
| Q3 25 | $11.8M | $-37.0M | ||
| Q2 25 | $11.6M | $79.0M | ||
| Q1 25 | $13.1M | $-98.0M | ||
| Q4 24 | $9.9M | $-115.0M | ||
| Q3 24 | $9.0M | $-40.0M | ||
| Q2 24 | $9.2M | $62.0M | ||
| Q1 24 | $8.0M | $70.0M |
| Q4 25 | 29.5% | — | ||
| Q3 25 | 29.5% | — | ||
| Q2 25 | 29.9% | — | ||
| Q1 25 | 30.3% | — | ||
| Q4 24 | 29.9% | — | ||
| Q3 24 | 29.6% | — | ||
| Q2 24 | 29.2% | — | ||
| Q1 24 | 29.3% | — |
| Q4 25 | 4.4% | -19.3% | ||
| Q3 25 | 4.6% | 1.6% | ||
| Q2 25 | 4.7% | 26.3% | ||
| Q1 25 | 5.2% | -82.6% | ||
| Q4 24 | 4.0% | -188.1% | ||
| Q3 24 | 3.7% | 15.4% | ||
| Q2 24 | 4.2% | 18.3% | ||
| Q1 24 | 3.7% | -8.2% |
| Q4 25 | 3.4% | 11.2% | ||
| Q3 25 | 3.5% | -11.7% | ||
| Q2 25 | 3.5% | 23.1% | ||
| Q1 25 | 3.9% | -34.8% | ||
| Q4 24 | 3.0% | -39.1% | ||
| Q3 24 | 2.8% | -12.5% | ||
| Q2 24 | 3.0% | 17.2% | ||
| Q1 24 | 2.6% | 27.2% |
| Q4 25 | $0.49 | — | ||
| Q3 25 | $0.51 | $-0.40 | ||
| Q2 25 | $0.50 | $0.84 | ||
| Q1 25 | $0.56 | $-1.05 | ||
| Q4 24 | $0.43 | — | ||
| Q3 24 | $0.38 | $-0.43 | ||
| Q2 24 | $0.40 | $0.66 | ||
| Q1 24 | $0.35 | $0.75 |
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 | $960.0M |
| Total DebtLower is stronger | — | $6.2B |
| Stockholders' EquityBook value | $220.0M | $10.9B |
| Total Assets | $668.6M | $19.6B |
| Debt / EquityLower = less leverage | — | 0.57× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.2M | $960.0M | ||
| Q3 25 | $17.1M | $711.0M | ||
| Q2 25 | $13.2M | $880.0M | ||
| Q1 25 | $21.2M | $1.5B | ||
| Q4 24 | $6.3M | $283.0M | ||
| Q3 24 | $8.9M | $290.0M | ||
| Q2 24 | $13.9M | $281.0M | ||
| Q1 24 | $11.0M | $245.0M |
| Q4 25 | — | $6.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $5.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $220.0M | $10.9B | ||
| Q3 25 | $212.4M | $11.0B | ||
| Q2 25 | $202.5M | $11.3B | ||
| Q1 25 | $193.0M | $12.6B | ||
| Q4 24 | $181.9M | $12.9B | ||
| Q3 24 | $174.3M | $13.6B | ||
| Q2 24 | $167.8M | $13.9B | ||
| Q1 24 | $160.0M | $14.0B |
| Q4 25 | $668.6M | $19.6B | ||
| Q3 25 | $670.5M | $19.1B | ||
| Q2 25 | $659.0M | $20.5B | ||
| Q1 25 | $664.6M | $21.4B | ||
| Q4 24 | $648.9M | $20.3B | ||
| Q3 24 | $655.5M | $20.9B | ||
| Q2 24 | $654.4M | $21.7B | ||
| Q1 24 | $656.6M | $22.3B |
| Q4 25 | — | 0.57× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.41× | ||
| 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 | $21.1M | $186.0M |
| Free Cash FlowOCF − Capex | $11.6M | $-88.0M |
| FCF MarginFCF / Revenue | 3.4% | -35.3% |
| Capex IntensityCapex / Revenue | 2.9% | 110.0% |
| Cash ConversionOCF / Net Profit | 1.86× | 6.64× |
| TTM Free Cash FlowTrailing 4 quarters | $42.6M | $-219.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $21.1M | $186.0M | ||
| Q3 25 | $15.6M | $231.0M | ||
| Q2 25 | $2.9M | $232.0M | ||
| Q1 25 | $34.1M | $90.0M | ||
| Q4 24 | $2.7M | $283.0M | ||
| Q3 24 | $24.5M | $208.0M | ||
| Q2 24 | $12.4M | $231.0M | ||
| Q1 24 | $20.2M | $78.0M |
| Q4 25 | $11.6M | $-88.0M | ||
| Q3 25 | $7.5M | $-283.0M | ||
| Q2 25 | $-4.2M | $151.0M | ||
| Q1 25 | $27.6M | $1.0M | ||
| Q4 24 | $-6.9M | $231.0M | ||
| Q3 24 | $18.0M | $152.0M | ||
| Q2 24 | $3.6M | $162.0M | ||
| Q1 24 | $9.8M | $14.0M |
| Q4 25 | 3.4% | -35.3% | ||
| Q3 25 | 2.2% | -89.8% | ||
| Q2 25 | -1.3% | 44.2% | ||
| Q1 25 | 8.2% | 0.4% | ||
| Q4 24 | -2.1% | 78.6% | ||
| Q3 24 | 5.6% | 47.6% | ||
| Q2 24 | 1.2% | 45.0% | ||
| Q1 24 | 3.2% | 5.4% |
| Q4 25 | 2.9% | 110.0% | ||
| Q3 25 | 2.4% | 163.2% | ||
| Q2 25 | 2.2% | 23.7% | ||
| Q1 25 | 1.9% | 31.6% | ||
| Q4 24 | 2.9% | 17.7% | ||
| Q3 24 | 2.0% | 17.6% | ||
| Q2 24 | 2.9% | 19.2% | ||
| Q1 24 | 3.4% | 24.9% |
| Q4 25 | 1.86× | 6.64× | ||
| Q3 25 | 1.32× | — | ||
| Q2 25 | 0.25× | 2.94× | ||
| Q1 25 | 2.60× | — | ||
| Q4 24 | 0.27× | — | ||
| Q3 24 | 2.72× | — | ||
| Q2 24 | 1.35× | 3.73× | ||
| Q1 24 | 2.54× | 1.11× |
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% |
XIFR
| Renewable Energy Sales | $238.0M | 96% |
| Related Party | $8.0M | 3% |
