Natural Grocers by Vitamin Cottage, Inc. employees and revenue per employee

NGVC · Grocery Stores · $684M market cap

Natural Grocers by Vitamin Cottage, Inc. had 3,455 employees at the end of fiscal Sep 2025, up 3.7% from a year earlier. Revenue for the year was $1.33B, up 7.2% from a year earlier, or $385K per employee. Revenue and headcount both grew, and revenue grew faster.

Employees

3,455

+3.7% YoY

Revenue

$1.33B

+7.2% YoY

Revenue / employee

$385K

Peer median $297K

Rank in industry

2 of 7

Grocery Stores

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Sep 2016
93144196'16'17'18'19'20'21'22'23'24'25Revenue 189Staff 130

Hover a year for the numbers.

NGVC employees and revenue by fiscal year
Year endingEmployeesRevenuePer employeeStaff YoYRevenue YoY
Sep 20253,455$1.33B$385K+3.7%+7.2%
Sep 20243,332$1.24B$373K+3.0%+8.9%
Sep 20233,235$1.14B$353K+0.0%+4.7%
Sep 20223,235$1.09B$337K+0.5%+3.2%
Sep 20213,218$1.06B$328K-5.2%+1.8%
Sep 20203,393$1.04B$306K+12.0%+14.7%
Sep 20193,029$904M$298K+0.3%+6.4%
Sep 20183,019$849M$281K+9.6%+10.4%
Sep 20172,755$769M$279K+3.9%+9.0%
Sep 20162,651$705M$266K——

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years
3,393'203,218'213,235'223,235'233,332'243,455'25
Revenue per employee, last six fiscal years
$306K'20$328K'21$337K'22$353K'23$373K'24$385K'25

Natural Grocers by Vitamin Cottage, Inc. against similar companies

The closest industry peers by revenue, from Grocery Stores.

CompanyEmployeesRevenueRevenue / employeeShape
GO
Grocery Outlet Holding Corp.
1,642$4.69B$2.86MLeaner
NGVC
Natural Grocers by Vitamin Cottage, Inc.
3,455$1.33B$385KEfficient growth
KR
The Kroger Co.
403,000$147.6B$366KLeaner
ACI
Albertsons Companies, Inc.
280,000$83.2B$297KLeaner
SFM
Sprouts Farmers Market, Inc.
36,000$8.81B$245KEfficient growth
WMK
Weis Markets, Inc.
22,000$4.96B$225KLeaner
IMKTA
Ingles Markets, Incorporated
25,551$5.33B$209KContracting
Every Consumer Defensive company

Questions about Natural Grocers by Vitamin Cottage, Inc.

How many employees does Natural Grocers by Vitamin Cottage, Inc. have?
Natural Grocers by Vitamin Cottage, Inc. reported 3,455 employees for the fiscal year ending Sep 2025, in the annual report it filed on December 11, 2025. That is up 3.7% from a year earlier.
What is Natural Grocers by Vitamin Cottage, Inc.'s revenue per employee?
Natural Grocers by Vitamin Cottage, Inc. brought in $1.33B of revenue in fiscal Sep 2025, which is $385K per employee. That ranks 2 of 7 companies we track in Grocery Stores, where the median is $297K.
Where do these numbers come from?
Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare NGVC with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

Source: employee counts and revenue as stated in Natural Grocers by Vitamin Cottage, Inc.'s annual reports (Form 10-K), latest filed December 11, 2025. This is data, not a recommendation to buy or sell NGVC.