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Natural Grocers by Vitamin Cottage, Inc.（NGVC）与Thryv Holdings, Inc.（THRY）财务数据对比。点击上方公司名可切换其他公司
Natural Grocers by Vitamin Cottage, Inc.的季度营收约是Thryv Holdings, Inc.的1.8倍（$335.6M vs $191.6M），Natural Grocers by Vitamin Cottage, Inc.净利率更高（3.4% vs -5.0%，领先8.4%），Thryv Holdings, Inc.同比增速更快（2.7% vs 1.6%），Thryv Holdings, Inc.自由现金流更多（$12.3M vs $11.6M），过去两年Natural Grocers by Vitamin Cottage, Inc.的营收复合增速更高（4.4% vs -9.4%）
Natural Grocers by Vitamin Cottage, Inc.是美国本土的特色零售连锁企业，主营认证有机食品、膳食补充剂、天然个护及环保家居类产品，面向健康意识较强的消费群体，门店覆盖美国多州，执行严格品控标准，拒绝售卖含人工添加剂的商品。
Thryv Holdings, Inc.是一家上市软件服务（SaaS）企业，面向中小企业提供客户关系管理与网络声誉管理软件解决方案。公司总部位于得克萨斯州达拉斯，业务覆盖美国48个州，现有员工超过2400名，其前身是多家黄页企业组成的集团。
NGVC vs THRY — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $335.6M | $191.6M |
| 净利润 | $11.3M | $-9.7M |
| 毛利率 | 29.5% | 68.0% |
| 营业利润率 | 4.4% | 5.3% |
| 净利率 | 3.4% | -5.0% |
| 营收同比 | 1.6% | 2.7% |
| 净利润同比 | 14.0% | -222.5% |
| 每股收益（稀释后） | $0.49 | $-0.21 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
| Q4 25 | $335.6M | $191.6M | ||
| Q3 25 | $336.1M | $201.6M | ||
| Q2 25 | $328.7M | $210.5M | ||
| Q1 25 | $335.8M | $181.4M | ||
| Q4 24 | $330.2M | $186.6M | ||
| Q3 24 | $322.7M | $179.9M | ||
| Q2 24 | $309.1M | $224.1M | ||
| Q1 24 | $308.1M | $233.6M |
| Q4 25 | $11.3M | $-9.7M | ||
| Q3 25 | $11.8M | $5.7M | ||
| Q2 25 | $11.6M | $13.9M | ||
| Q1 25 | $13.1M | $-9.6M | ||
| Q4 24 | $9.9M | $7.9M | ||
| Q3 24 | $9.0M | $-96.1M | ||
| Q2 24 | $9.2M | $5.5M | ||
| Q1 24 | $8.0M | $8.4M |
| Q4 25 | 29.5% | 68.0% | ||
| Q3 25 | 29.5% | 67.7% | ||
| Q2 25 | 29.9% | 69.7% | ||
| Q1 25 | 30.3% | 65.8% | ||
| Q4 24 | 29.9% | 65.9% | ||
| Q3 24 | 29.6% | 62.3% | ||
| Q2 24 | 29.2% | 66.3% | ||
| Q1 24 | 29.3% | 65.8% |
| Q4 25 | 4.4% | 5.3% | ||
| Q3 25 | 4.6% | 9.9% | ||
| Q2 25 | 4.7% | 14.0% | ||
| Q1 25 | 5.2% | -1.7% | ||
| Q4 24 | 4.0% | -3.9% | ||
| Q3 24 | 3.7% | -49.2% | ||
| Q2 24 | 4.2% | 14.0% | ||
| Q1 24 | 3.7% | 13.3% |
| Q4 25 | 3.4% | -5.0% | ||
| Q3 25 | 3.5% | 2.8% | ||
| Q2 25 | 3.5% | 6.6% | ||
| Q1 25 | 3.9% | -5.3% | ||
| Q4 24 | 3.0% | 4.2% | ||
| Q3 24 | 2.8% | -53.4% | ||
| Q2 24 | 3.0% | 2.5% | ||
| Q1 24 | 2.6% | 3.6% |
| Q4 25 | $0.49 | $-0.21 | ||
| Q3 25 | $0.51 | $0.13 | ||
| Q2 25 | $0.50 | $0.31 | ||
| Q1 25 | $0.56 | $-0.22 | ||
| Q4 24 | $0.43 | $0.28 | ||
| Q3 24 | $0.38 | $-2.65 | ||
| Q2 24 | $0.40 | $0.15 | ||
| Q1 24 | $0.35 | $0.22 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $23.2M | $10.8M |
| 总债务越低越好 | — | $253.5M |
| 股东权益账面价值 | $220.0M | $218.1M |
| 总资产 | $668.6M | $688.6M |
| 负债/权益比越低杠杆越低 | — | 1.16× |
8季度趋势，按日历期对齐
| Q4 25 | $23.2M | $10.8M | ||
| Q3 25 | $17.1M | $11.6M | ||
| Q2 25 | $13.2M | $10.8M | ||
| Q1 25 | $21.2M | $11.0M | ||
| Q4 24 | $6.3M | $16.3M | ||
| Q3 24 | $8.9M | $12.5M | ||
| Q2 24 | $13.9M | $15.5M | ||
| Q1 24 | $11.0M | $14.4M |
| Q4 25 | — | $253.5M | ||
| Q3 25 | — | $268.2M | ||
| Q2 25 | — | $275.6M | ||
| Q1 25 | — | $299.0M | ||
| Q4 24 | — | $284.3M | ||
| Q3 24 | — | $307.8M | ||
| Q2 24 | — | $342.1M | ||
| Q1 24 | — | $347.6M |
| Q4 25 | $220.0M | $218.1M | ||
| Q3 25 | $212.4M | $221.1M | ||
| Q2 25 | $202.5M | $214.9M | ||
| Q1 25 | $193.0M | $193.2M | ||
| Q4 24 | $181.9M | $196.9M | ||
| Q3 24 | $174.3M | $94.5M | ||
| Q2 24 | $167.8M | $183.1M | ||
| Q1 24 | $160.0M | $167.1M |
| Q4 25 | $668.6M | $688.6M | ||
| Q3 25 | $670.5M | $701.8M | ||
| Q2 25 | $659.0M | $687.7M | ||
| Q1 25 | $664.6M | $703.7M | ||
| Q4 24 | $648.9M | $712.2M | ||
| Q3 24 | $655.5M | $654.8M | ||
| Q2 24 | $654.4M | $785.5M | ||
| Q1 24 | $656.6M | $786.8M |
| Q4 25 | — | 1.16× | ||
| Q3 25 | — | 1.21× | ||
| Q2 25 | — | 1.28× | ||
| Q1 25 | — | 1.55× | ||
| Q4 24 | — | 1.44× | ||
| Q3 24 | — | 3.26× | ||
| Q2 24 | — | 1.87× | ||
| Q1 24 | — | 2.08× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $21.1M | $22.2M |
| 自由现金流经营现金流 - 资本支出 | $11.6M | $12.3M |
| 自由现金流率自由现金流/营收 | 3.4% | 6.4% |
| 资本支出强度资本支出/营收 | 2.9% | 5.2% |
| 现金转化率经营现金流/净利润 | 1.86× | — |
| 过去12个月自由现金流最近4个季度 | $42.6M | $31.1M |
8季度趋势，按日历期对齐
| Q4 25 | $21.1M | $22.2M | ||
| Q3 25 | $15.6M | $22.2M | ||
| Q2 25 | $2.9M | $29.6M | ||
| Q1 25 | $34.1M | $-10.5M | ||
| Q4 24 | $2.7M | $26.1M | ||
| Q3 24 | $24.5M | $36.0M | ||
| Q2 24 | $12.4M | $22.2M | ||
| Q1 24 | $20.2M | $5.4M |
| Q4 25 | $11.6M | $12.3M | ||
| Q3 25 | $7.5M | $14.6M | ||
| Q2 25 | $-4.2M | $21.8M | ||
| Q1 25 | $27.6M | $-17.6M | ||
| Q4 24 | $-6.9M | $17.3M | ||
| Q3 24 | $18.0M | $27.5M | ||
| Q2 24 | $3.6M | $13.3M | ||
| Q1 24 | $9.8M | $-1.8M |
| Q4 25 | 3.4% | 6.4% | ||
| Q3 25 | 2.2% | 7.2% | ||
| Q2 25 | -1.3% | 10.4% | ||
| Q1 25 | 8.2% | -9.7% | ||
| Q4 24 | -2.1% | 9.3% | ||
| Q3 24 | 5.6% | 15.3% | ||
| Q2 24 | 1.2% | 5.9% | ||
| Q1 24 | 3.2% | -0.8% |
| Q4 25 | 2.9% | 5.2% | ||
| Q3 25 | 2.4% | 3.8% | ||
| Q2 25 | 2.2% | 3.7% | ||
| Q1 25 | 1.9% | 3.9% | ||
| Q4 24 | 2.9% | 4.7% | ||
| Q3 24 | 2.0% | 4.7% | ||
| Q2 24 | 2.9% | 4.0% | ||
| Q1 24 | 3.4% | 3.1% |
| Q4 25 | 1.86× | — | ||
| Q3 25 | 1.32× | 3.93× | ||
| Q2 25 | 0.25× | 2.12× | ||
| Q1 25 | 2.60× | — | ||
| Q4 24 | 0.27× | 3.32× | ||
| Q3 24 | 2.72× | — | ||
| Q2 24 | 1.35× | 4.01× | ||
| Q1 24 | 2.54× | 0.65× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
NGVC
| Grocery | $243.8M | 73% |
| Dietary Supplements | $60.7M | 18% |
| Manufactured Product Other | $31.0M | 9% |
THRY
| Software As A Service | $119.0M | 62% |
| $56.2M | 29% | |
| Digital | $16.4M | 9% |
