Natural Alternatives International, Inc. (NAII) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Sales/Revenue | 35.3M | 34.5M | 37.33M | 33.87M | 28.77M | 34.08M | 33.15M | 29.49M | 25.14M | 25.2M | 33.97M | 35.89M | 32.7M | 42.3M | 43.13M | 52.53M | 42.37M | 37.73M | 38.34M | 44.39M |
| Revenue Growth % | 22.7% | 1.25% | 12.61% | 14.84% | 14.44% | 35.22% | -2.41% | -17.84% | -23.13% | -40.41% | -21.23% | -31.66% | -22.83% | 12.11% | 12.49% | 18.33% | -8.52% | -21.54% | -3.49% | 26.48% |
| Cost of Goods Sold | 35.1M | 32.3M | 33.33M | 30.33M | 26.94M | 32.41M | 30.89M | 28.07M | 23.21M | 24.82M | 30.83M | 30.7M | 31.32M | 36.08M | 37.76M | 44.24M | 34.98M | 31.18M | 30.06M | 36.46M |
| COGS % of Revenue | 99.44% | 93.62% | 89.3% | 89.56% | 93.65% | 95.1% | 93.19% | 95.19% | 92.35% | 98.46% | 90.77% | 85.52% | 95.79% | 85.31% | 87.55% | 84.22% | 82.55% | 82.65% | 78.4% | 82.14% |
| Gross Profit | 196K | 2.2M | 4M | 3.54M | 1.83M | 1.67M | 2.26M | 1.42M | 1.92M | 387K | 3.14M | 5.2M | 1.38M | 6.21M | 5.37M | 8.29M | 7.39M | 6.55M | 8.28M | 7.93M |
| Gross Margin % | 0.56% | 6.38% | 10.7% | 10.44% | 6.35% | 4.9% | 6.81% | 4.81% | 7.65% | 1.54% | 9.23% | 14.48% | 4.21% | 14.69% | 12.45% | 15.78% | 17.45% | 17.35% | 21.6% | 17.86% |
| Gross Profit Growth % | -89.27% | 31.82% | 76.89% | 149.12% | -4.99% | 331.27% | -27.99% | -72.7% | 39.68% | -93.77% | -41.59% | -37.3% | -81.39% | -5.07% | -35.14% | 4.57% | 8.15% | -32.33% | 37.9% | 21.36% |
| Operating Expenses | 4.3M | 4.24M | 4.01M | 5.48M | 3.93M | 4.45M | 4.09M | 3.94M | 3.87M | 3.9M | 3.68M | 2.02M | 3.86M | 3.73M | 3.83M | 4.51M | 4.12M | 4.14M | 4.05M | 4.43M |
| OpEx % of Revenue | 12.17% | 12.28% | 10.75% | 16.18% | 13.65% | 13.06% | 12.35% | 13.37% | 15.41% | 15.47% | 10.84% | 5.64% | 11.82% | 8.82% | 8.88% | 8.59% | 9.72% | 10.99% | 10.57% | 9.98% |
| Selling, General & Admin | 4.3M | 4.24M | 4.08M | 4.08M | 3.93M | 4.45M | 4.09M | 3.94M | 3.87M | 3.9M | 3.68M | 2.02M | 3.86M | 3.73M | 3.83M | 4.51M | 4.12M | 4.14M | 4.05M | 4.43M |
| SG&A % of Revenue | 12.17% | 12.28% | 10.93% | 12.04% | 13.65% | 13.06% | 12.35% | 13.37% | 15.41% | 15.47% | 10.84% | 5.64% | 11.82% | 8.82% | 8.88% | 8.59% | 9.72% | 10.99% | 10.57% | 9.98% |
| Research & Development | 0 | 0 | 1.8M | 1.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.1M | 0 | 0 | 0 | 2.5M | 0 | 0 | 0 | 1.9M |
| R&D % of Revenue | - | - | 4.82% | 5.32% | - | - | - | - | - | - | - | 5.85% | - | - | - | 4.76% | - | - | - | 4.28% |
| Other Operating Expenses | 0 | 0 | -1000K | -400K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 0 | -10K | -6K | -1000K | 0 | -7K | 0 | -1000K |
| Operating Income | -4.1M | -2.04M | -17K | -1.94M | -2.1M | -2.78M | -1.84M | -2.52M | -1.95M | -3.51M | -544K | 3.17M | -2.49M | 2.48M | 1.54M | 3.78M | 3.27M | 2.4M | 4.23M | 3.5M |
| Operating Margin % | -11.62% | -5.91% | -0.05% | -5.74% | -7.3% | -8.16% | -5.54% | -8.56% | -7.77% | -13.94% | -1.6% | 8.84% | -7.61% | 5.88% | 3.58% | 7.19% | 7.73% | 6.36% | 11.03% | 7.87% |
| Operating Income Growth % | -95.29% | 26.69% | 99.07% | 23.01% | -7.58% | 20.87% | -237.5% | -179.55% | 21.54% | -241.37% | -135.28% | -15.94% | -175.99% | 3.5% | -63.53% | 8.04% | 21.26% | -55.47% | 102.78% | 68.76% |
| EBITDA | -2.9M | -872K | 1.15M | -784K | -961K | -1.65M | -709K | -1.32M | -854K | -2.32M | 604K | 4.37M | -1.48M | 5.13M | 2.95M | 4.62M | 4.44M | 4.36M | 5.32M | 4.52M |
| EBITDA Margin % | -8.22% | -2.53% | 3.08% | -2.31% | -3.34% | -4.83% | -2.14% | -4.47% | -3.4% | -9.21% | 1.78% | 12.19% | -4.52% | 12.12% | 6.84% | 8.8% | 10.47% | 11.56% | 13.88% | 10.19% |
| EBITDA Growth % | -201.87% | 47.02% | 262.06% | 40.47% | -12.53% | 29.05% | -217.38% | -130.11% | 42.18% | -145.25% | -79.54% | -5.39% | -133.29% | 17.59% | -44.51% | 2.19% | 14.92% | -33.71% | 74.54% | 48.09% |
| D&A (Non-Cash Add-back) | 1.2M | 1.17M | 1.17M | 1.16M | 1.14M | 1.13M | 1.13M | 1.21M | 1.1M | 1.19M | 1.15M | 1.2M | 1.01M | 2.64M | 1.41M | 847K | 1.16M | 1.96M | 1.09M | 1.03M |
| EBIT | -4.1M | -2.04M | -17K | -544K | -2.4M | -2.59M | -2.23M | -2.66M | -1.89M | -3.76M | -791K | 3.17M | -2.67M | 2.34M | 1.39M | 3.78M | 3.21M | 2.4M | 4.21M | 3.5M |
| Net Interest Income | -270K | -224K | -196K | -169K | -195K | -237K | -145K | -48K | 5K | -57K | -84K | -197K | -104K | -46K | -71K | -38K | -19K | -13K | -13K | -8K |
| Interest Income | 0 | 0 | 30K | 43K | 51K | 41K | 33K | 76K | 79K | 13K | 9K | 8K | 12K | 9K | 4K | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 270K | 224K | 226K | 212K | 246K | 278K | 178K | 124K | 74K | 70K | 93K | 205K | 116K | 55K | 75K | 38K | 19K | 13K | 13K | 8K |
| Other Income/Expense | -142K | -291K | -182K | -875K | -542K | -86K | -577K | -256K | -16K | -318K | -340K | -435K | -300K | -199K | -224K | 103K | -88K | -9K | -26K | -94K |
| Pretax Income | -4.24M | -2.33M | -199K | -2.82M | -2.64M | -2.87M | -2.41M | -2.78M | -1.97M | -3.83M | -884K | 2.74M | -2.79M | 2.29M | 1.32M | 3.88M | 3.19M | 2.39M | 4.2M | 3.4M |
| Pretax Margin % | -12.02% | -6.75% | -0.53% | -8.32% | -9.18% | -8.41% | -7.28% | -9.43% | -7.83% | -15.2% | -2.6% | 7.63% | -8.53% | 5.4% | 3.06% | 7.38% | 7.52% | 6.34% | 10.96% | 7.66% |
| Income Tax | 68K | 224K | 92K | 4.4M | -456K | -675K | -431K | -907K | -390K | -761K | -189K | 702K | -407K | 473K | 265K | 774K | 682K | 545K | 946K | 439K |
| Effective Tax Rate % | -1.6% | -9.62% | -46.23% | -155.98% | 17.26% | 23.55% | 17.86% | 32.61% | 19.82% | 19.86% | 21.38% | 25.63% | 14.6% | 20.69% | 20.11% | 19.95% | 21.41% | 22.78% | 22.51% | 12.91% |
| Net Income | -4.31M | -2.55M | -291K | -7.22M | -2.19M | -2.19M | -1.98M | -1.87M | -1.58M | -3.07M | -695K | 2.04M | -2.38M | 1.81M | 1.05M | 3.1M | 2.5M | 1.85M | 3.26M | 2.96M |
| Net Margin % | -12.21% | -7.4% | -0.78% | -21.31% | -7.6% | -6.43% | -5.98% | -6.35% | -6.28% | -12.18% | -2.05% | 5.67% | -7.28% | 4.29% | 2.44% | 5.91% | 5.91% | 4.9% | 8.49% | 6.67% |
| Net Income Growth % | -97.21% | -16.52% | 85.32% | -285.06% | -38.53% | 28.63% | -185.18% | -192% | 33.73% | -269.33% | -166% | -34.4% | -195.09% | -1.84% | -67.66% | 4.83% | 30.69% | -49.15% | 44.2% | 64.74% |
| Net Income (Continuing) | -4.31M | -2.55M | -291K | -7.22M | -2.19M | -2.19M | -1.98M | -1.87M | -1.58M | -3.07M | -695K | 2.04M | -2.38M | 1.81M | 1.05M | 3.1M | 2.5M | 1.85M | 3.26M | 2.96M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.72 | -0.42 | -0.05 | -1.17 | -0.37 | -0.37 | -0.33 | -0.32 | -0.27 | -0.52 | -0.12 | 0.35 | -0.41 | 0.31 | 0.18 | 0.50 | 0.41 | 0.30 | 0.51 | 0.47 |
| EPS Growth % | -94.59% | -13.51% | 85.33% | -265.63% | -37.04% | 28.85% | -175% | -191.43% | 34.15% | -267.74% | -166.67% | -30% | -200% | 3.33% | -64.71% | 6.38% | 36.67% | -47.37% | 45.71% | 67.86% |
| EPS (Basic) | -0.72 | -0.42 | -0.05 | -1.17 | -0.37 | -0.37 | -0.33 | -0.32 | -0.27 | -0.52 | -0.12 | 0.35 | -0.41 | 0.31 | 0.18 | 0.52 | 0.42 | 0.30 | 0.52 | 0.47 |
| Diluted Shares Outstanding | 6.03M | 6.01M | 6.01M | 6.18M | 5.94M | 5.92M | 5.92M | 5.92M | 5.87M | 5.85M | 5.85M | 5.86M | 5.82M | 5.87M | 5.94M | 6.16M | 6.04M | 6.26M | 6.35M | 6.32M |
| Basic Shares Outstanding | 6.03M | 6.01M | 6.01M | 6.18M | 5.94M | 5.92M | 5.92M | 5.92M | 5.87M | 5.85M | 5.85M | 5.85M | 5.82M | 5.87M | 5.92M | 5.97M | 6M | 6.21M | 6.29M | 6.27M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |