NGVC (NGVC) financial statements
NGVC reported revenue of $1.3B in fiscal 2025, up 7.3% a year over 9 years.
Net income was $46M and the operating margin 4.7%, against 2.9% in 2016.
Free cash flow was $24M, and the company returned $11M in dividends.
The diluted share count rose 3% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from NGVC's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $705M | $769M | $849M | $904M | $1.0B | $1.1B | $1.1B | $1.1B | $1.2B | $1.3B |
| Gross profit | $202M | $212M | $226M | $239M | $283M | $292M | $305M | $327M | $365M | $398M |
| Selling, general and admin | $19M | $20M | $22M | $23M | $27M | $28M | $32M | $36M | $39M | $44M |
| Operating income | $20M | $14M | $15M | $17M | $28M | $28M | $30M | $32M | $47M | $62M |
| Interest expense | $3M | $4M | $5M | $5M | $2M | $2M | $2M | $3M | $4M | $3M |
| Pre-tax income | $17M | $10M | $10M | $12M | $26M | $26M | $28M | $28M | $43M | $59M |
| Income tax | $6M | $3M | -$2M | $2M | $6M | $5M | $6M | $5M | $9M | $12M |
| Net income | $11M | $7M | $13M | $9M | $20M | $21M | $21M | $23M | $34M | $46M |
| EPS (diluted) | $0.51 | $0.31 | $0.56 | $0.42 | $0.89 | $0.91 | $0.94 | $1.02 | $1.47 | $2.00 |
| Diluted shares | 23M | 22M | 22M | 23M | 23M | 23M | 23M | 23M | 23M | 23M |
| Gross margin | 28.6% | 27.6% | 26.6% | 26.4% | 27.3% | 27.7% | 28.0% | 28.7% | 29.4% | 29.9% |
| Operating margin | 2.9% | 1.8% | 1.8% | 1.9% | 2.7% | 2.7% | 2.8% | 2.8% | 3.8% | 4.7% |
| Net margin | 1.6% | 0.9% | 1.5% | 1.0% | 1.9% | 1.9% | 2.0% | 2.0% | 2.7% | 3.5% |
Balance sheet
Fiscal years, from NGVC's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $4M | $7M | $9M | $6M | $29M | $24M | $12M | $18M | $9M | $17M |
| Receivables | $4M | $5M | $5M | $5M | $9M | $8M | $10M | $11M | $13M | $12M |
| Total current assets | $97M | $108M | $111M | $115M | $143M | $136M | $141M | $153M | $147M | $168M |
| Property, plant and equipment | $178M | $184M | $189M | $202M | $148M | $151M | $157M | $169M | $179M | $183M |
| Goodwill | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $5M |
| Total assets | $282M | $300M | $307M | $327M | $682M | $655M | $663M | $669M | $655M | $671M |
| Total current liabilities | $67M | $72M | $80M | $83M | $129M | $134M | $138M | $154M | $164M | $159M |
| Long-term debt | — | — | — | — | $0 | $22M | $14M | $6M | $0 | $0 |
| Total liabilities | $156M | $166M | $160M | $170M | $509M | $512M | $507M | $498M | $481M | $458M |
| Shareholders' equity | $127M | $134M | $147M | $157M | $173M | $143M | $156M | $171M | $174M | $212M |
| Net debt | -$4M | -$7M | -$9M | -$6M | -$29M | $10,000 | $4M | -$11M | -$9M | -$17M |
Cash flow
Fiscal years, from NGVC's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $29M | $41M | $43M | $37M | $67M | $54M | $40M | $65M | $74M | $55M |
| Capital spending | $54M | $41M | $24M | $30M | $27M | $26M | $28M | $37M | $38M | $31M |
| Free cash flow | -$25M | -$290,000 | $19M | $7M | $40M | $28M | $12M | $28M | $36M | $24M |
| Stock-based compensation | $879,000 | $758,000 | $810,000 | $1M | $1M | $877,000 | $1M | $1M | $3M | $4M |
| Dividends paid | — | — | $0 | $0 | $6M | $51M | $9M | $9M | $32M | $11M |
| Share buybacks (net) | -$829,000 | -$261,000 | -$581,000 | $0 | $0 | $0 | $0 | -$181,000 | $0 | $0 |
| Net borrowing | — | — | — | $0 | $0 | $24M | -$8M | -$8M | -$8M | $0 |
| Free cash flow margin | -3.5% | -0.0% | 2.3% | 0.8% | 3.8% | 2.6% | 1.1% | 2.5% | 2.9% | 1.8% |
| Dividends per share | — | — | — | — | $0.28 | $2.27 | $0.40 | $0.40 | $1.38 | $0.47 |
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Open NGVC in InvestinglyQuestions
What was NGVC's revenue in 2025?
$1.3B in fiscal 2025, from its 10-K filing.
How much free cash flow does NGVC generate?
$24M in fiscal 2025 (operating cash flow minus capital spending).
From NGVC's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.