Growth & profitability
- Revenue has declined 25.5% per year over the past 5 years.
- Operating margin has expanded, at -7.6% in the latest year.
NAII Financials NATURAL ALTERNATIVES INTERNATIONAL INC
15 years of revenue, profit, cash flow and balance-sheet history through FY2031, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2031 | $33M | -$2M | 4.2% | -7.6% | — | — | — | — | — |
| 2026 | $143M | -$21M | 6.3% | -13.2% | -41.4% | -16.4% | -$13M | — | $7M |
| 2025 | $130M | -$14M | 7.2% | -6.7% | -19.8% | -8.9% | $2M | — | $12M |
| 2024 | $114M | -$7M | 6.0% | -7.5% | -8.7% | -4.4% | -$5M | — | $12M |
| 2023 | $154M | $3M | 11.8% | 3.1% | 2.8% | 1.9% | -$7M | — | $14M |
| 2022 | $171M | $11M | 17.8% | 8.0% | 12.1% | 7.3% | -$15M | — | $22M |
| 2021 | $179M | $11M | 17.1% | 7.7% | 13.4% | 9.0% | $16M | — | $32M |
| 2020 | $119M | -$2M | 15.9% | -1.3% | -2.3% | -1.4% | -$850000 | — | $30M |
| 2020 | — | -$3M | — | — | -4.9% | -2.9% | — | — | $33M |
| 2019 | $138M | $7M | 17.0% | 4.3% | 8.6% | 7.0% | $1M | $0 | $25M |
| 2018 | $132M | $5M | 19.9% | 7.2% | 7.4% | 5.9% | -$2M | $0 | $24M |
| 2017 | — | $7M | — | — | 11.8% | 10.0% | $9M | $0 | $28M |
| 2016 | — | $10M | — | — | 17.8% | 12.9% | — | $0 | $20M |
| 2015 | — | $3M | — | — | 7.6% | 6.2% | $970000 | — | $19M |
| 2014 | — | $2M | — | — | 4.7% | 3.8% | $3M | — | $20M |
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $35M | -$14M | 5.0% | -38.2% | -27.1% | -10.7% | -$2M | — | $7M |
| Mar '26 | $35M | -$4M | 1.1% | -11.3% | -6.8% | -2.8% | $1M | — | $9M |
| Dec '25 | $35M | -$3M | 7.2% | -5.3% | -3.8% | -1.7% | -$7M | — | $4M |
| Sep '25 | $38M | -$291000 | 11.7% | 0.8% | -0.4% | -0.2% | -$5M | — | $8M |
| Jun '25 | $34M | -$7M | 10.4% | -5.7% | -10.5% | -4.7% | $2M | — | $12M |
| Mar '25 | $29M | -$2M | 6.3% | -7.3% | -2.9% | -1.4% | $5M | — | $11M |
| Dec '24 | $34M | -$2M | 4.9% | -8.2% | -2.8% | -1.4% | -$1M | — | $9M |
| Sep '24 | $33M | -$2M | 6.8% | -5.5% | -2.5% | -1.2% | -$4M | — | $10M |
| Jun '24 | $29M | -$2M | 4.8% | -8.6% | -2.3% | -1.2% | -$4M | — | $12M |
| Mar '24 | $25M | -$2M | 7.6% | -7.8% | -1.9% | -1.0% | -$4M | — | $12M |
| Dec '23 | $25M | -$3M | 1.5% | -13.9% | -3.6% | -2.0% | -$81000 | — | $17M |
| Sep '23 | $34M | -$695000 | 9.2% | -1.6% | -0.8% | -0.4% | $3M | — | $17M |
| Jun '23 | $36M | $2M | 14.5% | 8.8% | 2.3% | 1.5% | $7M | — | $14M |
| Mar '23 | $33M | -$2M | 4.2% | -7.6% | -2.7% | -1.7% | -$6M | — | $16M |
| Dec '22 | $42M | $2M | 14.7% | 5.9% | 2.0% | 1.3% | $4M | — | $13M |
| Sep '22 | $43M | $1M | 12.5% | 3.6% | 1.2% | 0.7% | -$12M | — | $12M |
| Jun '22 | $53M | $3M | 15.8% | 7.2% | 3.5% | 2.1% | $4M | — | $22M |
| Mar '22 | $42M | $3M | 17.4% | 7.7% | 2.9% | 1.8% | $2M | — | $19M |
| Dec '21 | $38M | $2M | 17.4% | 6.4% | 2.2% | 1.5% | $2M | — | $19M |
| Sep '21 | $38M | $3M | 21.6% | 11.0% | 3.9% | 2.5% | -$22M | — | $20M |
Valuation over time
How the market has priced NAII against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has risen from 4.7× (Mar '23) to 14.2× (Jun '24).
- The price-to-sales ratio has fallen from 0.3× (Mar '23) to 0.0× (Nov '26).
P/E
P/S
Frequently asked questions
Is NAII growing its revenue and profit?
Over the past 5 years, NATURAL ALTERNATIVES INTERNATIONAL INC's revenue has declined 25.5% per year. These are computed facts, not advice.
How much debt does NAII have?
As of FY2031, NATURAL ALTERNATIVES INTERNATIONAL INC reported — of total debt against — of cash.
What is NAII's profit margin?
In FY2031, gross margin was 4.2%, operating margin -7.6%, and net margin -7.3%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.