Natural Alternatives International, Inc. (NAII) — Financial statements
Income statement, balance sheet, and cash flow for Natural Alternatives International, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 130↑14.1% | 114↓26.1% | 154↓9.9% | 171↓4.2% | 179 | |
| Cost of Revenue | 121↑12.8% | 107↓21.3% | 136↓3.3% | 140↓5.1% | 148 | |
| Gross Profit | 9↑35.3% | 7↓62.2% | 18↓40.5% | 31↑0.2% | 30 | |
| Operating Expenses | ||||||
| R&D Expenses | 2↓5.3% | 2↓9.5% | 2↓16.0% | 3↑31.6% | 2 | |
| General & Administrative Expenses | 16↑7.0% | 15↑6.6% | 14↓10.6% | 16↓0.8% | 16 | |
| Selling & Marketing Expenses | 0.40↑33.3% | 0.30↓57.1% | 0.70↓36.4% | 1↑37.5% | 0.80 | |
| SG&A Expenses | 17↑7.5% | 15↑3.6% | 15↓12.3% | 17↑1.1% | 17 | |
| Other Expenses | -0.40↑78.9% | -2↑46.1% | -4↓34.5% | -3↓37.9% | -2 | |
| Operating Expenses | 18↑16.6% | 15↑14.5% | 13↓20.1% | 17↑0.4% | 17 | |
| Total Costs & Expenses | 139↑13.2% | 122↓18.1% | 149↓5.1% | 157↓4.6% | 165 | |
| Operating Results | ||||||
| Operating Income | -9↓1.5% | -9↓281.1% | 5↓65.5% | 14↑0.1% | 14 | |
| Depreciation & Amortization | 5↓1.9% | 5↓34.4% | 7↑2.4% | 7↑59.4% | 4 | |
| EBITDA | -3↑39.4% | -4↓140.2% | 11↓46.3% | 21↑24.6% | 17 | |
| EBIT | -7↑20.2% | -9↓327.2% | 4↓70.8% | 14↑12.2% | 12 | |
| Interest & Other Income | ||||||
| Net Interest Income | -0.75↓303.8% | -0.19↑55.7% | -0.42↓403.6% | -0.08↑29.1% | -0.12 | |
| Interest Income | 0.17↓4.5% | 0.18↑433.3% | 0.03 | 0.00↓100.0% | 0.00 | |
| Interest Expense | 0.92↑153.5% | 0.36↓20.0% | 0.45↑443.4% | 0.08↓29.7% | 0.12 | |
| Non-Operating Income | -1↓346.0% | 0.57↓19.5% | 0.71↑1222.2% | -0.06↓104.4% | 1 | |
| Other Income / Expenses | -2↓123.7% | -0.93↑19.7% | -1↓5690.0% | -0.02↑98.7% | -2 | |
| Income Before Tax | -11↓13.5% | -9↓366.2% | 4↓74.0% | 14↑12.7% | 12 | |
| Income Tax Expense | 3↑226.2% | -2↓317.5% | 1↓64.9% | 3↑117.2% | 1 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -14↓88.1% | -7↓386.2% | 3↓76.5% | 11↓0.5% | 11 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -14↓88.1% | -7↓386.2% | 3↓76.5% | 11↓0.5% | 11 | |
| Bottom-Line Net Income | -14↓88.1% | -7↓386.2% | 3↓76.5% | 11↓0.5% | 11 | |
| EPS (Basic) | -2.28↓85.4% | -1.23↓386.0% | 0.43↓75.4% | 1.75↑2.3% | 1.71 | |
| EPS (Diluted) | -2.28↓85.4% | -1.23↓386.0% | 0.43↓75.3% | 1.74↑3.0% | 1.69 | |
| Weighted Average Shares | 6↑1.4% | 6↑0.1% | 6↓4.2% | 6↓2.8% | 6 | |
| Weighted Average Diluted Shares | 6↑1.3% | 6↓0.1% | 6↓4.5% | 6↓3.5% | 6 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.