NAII
Natural Alternatives International
NASDAQ: NAII · CONSUMER DEFENSIVE · PACKAGED FOODS
$2.72
+4.21% today
Updated 2026-05-06
Market cap
$16.80M
P/E ratio
—
P/S ratio
0.12x
EPS (TTM)
$-2.05
Dividend yield
—
52W range
$2 – $5
Volume
0.0M
Natural Alternatives International (NAII) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $99.13M | $97.13M | $81.75M | $73.92M | $65.55M | $55.88M | $72.82M | $62.80M | $73.94M | $79.51M | $114.20M | $121.95M | $132.44M | $138.29M | $118.88M | $178.52M | $170.97M | $154.01M | $113.80M | $129.86M |
| Revenue growth (YoY) | — | -2.0% | -15.8% | -9.6% | -11.3% | -14.8% | +30.3% | -13.8% | +17.7% | +7.5% | +43.6% | +6.8% | +8.6% | +4.4% | -14.0% | +50.2% | -4.2% | -9.9% | -26.1% | +14.1% |
| Cost of revenue | $76.75M | $75.84M | $68.84M | $64.51M | $54.70M | $45.25M | $57.37M | $51.05M | $61.20M | $65.17M | $88.94M | $95.74M | $106.12M | $114.72M | $100.00M | $148.08M | $140.46M | $135.86M | $106.93M | $120.57M |
| Gross profit | $22.38M | $21.29M | $12.91M | $9.40M | $10.85M | $10.63M | $15.45M | $11.75M | $12.74M | $14.34M | $25.26M | $26.20M | $26.32M | $23.57M | $18.87M | $30.44M | $30.51M | $18.16M | $6.87M | $9.29M |
| Gross margin | 22.6% | 21.9% | 15.8% | 12.7% | 16.6% | 19.0% | 21.2% | 18.7% | 17.2% | 18.0% | 22.1% | 21.5% | 19.9% | 17.0% | 15.9% | 17.1% | 17.8% | 11.8% | 6.0% | 7.2% |
| R&D | $1.70M | $1.90M | $2.00M | $1.20M | $1.30M | $980000.00 | $1.10M | $1.20M | $1.00M | $1.10M | $1.10M | $1.60M | $1.50M | $1.80M | $1.80M | $1.90M | $2.50M | $2.10M | $1.90M | $1.80M |
| SG&A | $17.76M | $18.97M | $11.84M | $9.01M | $7.58M | $8.30M | $9.25M | $9.38M | $9.83M | $10.11M | $12.67M | $15.90M | $14.39M | $16.01M | $16.98M | $15.97M | $15.85M | $14.17M | $15.10M | $16.15M |
| Operating income | $4.62M | $-4.72M | $1.07M | $397000.00 | $3.27M | $2.33M | $6.20M | $2.15M | $2.78M | $4.16M | $12.26M | $9.70M | $9.53M | $5.96M | $-1.51M | $13.67M | $13.68M | $4.71M | $-8.53M | $-8.66M |
| Operating margin | 4.7% | -4.9% | 1.3% | 0.5% | 5.0% | 4.2% | 8.5% | 3.4% | 3.8% | 5.2% | 10.7% | 8.0% | 7.2% | 4.3% | -1.3% | 7.7% | 8.0% | 3.1% | -7.5% | -6.7% |
| EBITDA | $7.76M | $6.87M | $4.03M | $3.23M | $6.48M | $5.50M | $9.26M | $5.15M | $7.88M | $6.74M | $16.03M | $16.29M | $15.34M | $11.83M | $4.45M | $16.58M | $20.66M | $11.09M | $-4.46M | $-2.70M |
| EBITDA margin | 7.8% | 7.1% | 4.9% | 4.4% | 9.9% | 9.8% | 12.7% | 8.2% | 10.7% | 8.5% | 14.0% | 13.4% | 11.6% | 8.6% | 3.7% | 9.3% | 12.1% | 7.2% | -3.9% | -2.1% |
| EBIT | $4.62M | $3.29M | $1.07M | $83000.00 | $3.14M | $2.28M | $6.24M | $2.11M | $4.98M | $4.31M | $14.26M | $13.90M | $12.43M | $8.36M | $491000.00 | $12.24M | $13.74M | $4.01M | $-9.10M | $-7.26M |
| Interest expense | $0.00 | $660000.00 | $0.00 | $210000.00 | $109000.00 | $58000.00 | $105000.00 | $19000.00 | $11000.00 | $12000.00 | $2000.00 | $3000.00 | $9000.00 | $29000.00 | $67000.00 | $118000.00 | $83000.00 | $451000.00 | $361000.00 | $915000.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $2.67M | $-5.29M | $-371000.00 | $-4.08M | $4.13M | $5.09M | $4.16M | $1.57M | $1.99M | $3.35M | $9.55M | $7.24M | $5.05M | $6.54M | $-1.65M | $10.77M | $10.71M | $2.52M | $-7.22M | $-13.57M |
| Net income growth (YoY) | — | -297.9% | +93.0% | -999.7% | +201.2% | +23.2% | -18.2% | -62.2% | +27.0% | +67.8% | +185.3% | -24.2% | -30.2% | +29.5% | -125.1% | +754.6% | -0.5% | -76.5% | -386.2% | -88.1% |
| Profit margin | 2.7% | -5.4% | -0.5% | -5.5% | 6.3% | 9.1% | 5.7% | 2.5% | 2.7% | 4.2% | 8.4% | 5.9% | 3.8% | 4.7% | -1.4% | 6.0% | 6.3% | 1.6% | -6.3% | -10.5% |