NATURAL ALTERNATIVES INTERNATIONAL INC
NAIINasdaq
$2.22
↓ -1.8%Jul 17 close · end-of-day
Price
1Y↓ -35.3%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$13.4M
Enterprise Value
$4.2M
P/E
—
P/S
0.1
P/B
0.2
EV/EBITDA
—
PEG
—
FCF Yield
-67.5%
Dividend Yield
—
Revenue (TTM)
$141.9M
Net Income (TTM)
-$14.4M
Free Cash Flow (TTM)
-$9.0M
Gross Margin
7.6%
Operating Margin
-5.3%
Net Margin
-10.1%
ROE
-22.8%
ROIC
-11.0%
Debt / Equity
—
Net Cash
$9.2M
Return 1Y
-34.9%
Company profile
Natural Alternatives International, Inc. engages in formulating, manufacturing, and marketing nutritional supplements. It offers private-label contract manufacturing services to companies that market and distribute vitamins, minerals, herbal, and other health care products. The company manufactures products in various forms, including capsules, tablets, chewable wafers and powders.
- CEO
- Mark A. LeDoux
- Sector
- Manufacturing
- Industry
- Pharmaceutical Products
- Employees
- 290
- Headquarters
- California
- Website
- nai-online.com
Management & directors
- Fortin Michael EChief Financial Officer
- Ledoux Mark ACEO/Chairman
- Wolf KennethPresident, COO, & Sec.
Roles derived from SEC Form 4 filings.
Earnings
NAII Q3 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$35.5M↑ +23.3%
Diluted EPS-$0.72↑ +94.6%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $178.5M | $171.0M | $154.0M | $113.8M | $129.9M |
| Gross profit | $30.4M | $30.5M | $18.2M | $6.9M | $9.3M |
| Operating income | $13.7M | $13.7M | $4.7M | -$8.5M | -$8.7M |
| Net income | $10.8M | $10.7M | $2.5M | -$7.2M | -$13.6M |
| Diluted EPS | $1.69 | $1.74 | $0.43 | -$1.23 | -$2.28 |
| Operating cash flow | $20.8M | $11.9M | $7.0M | -$1.5M | $5.9M |
| Free cash flow | $15.7M | -$14.6M | -$6.5M | -$4.5M | $2.3M |
| Gross margin | 17.1% | 17.8% | 11.8% | 6.0% | 7.2% |
| Operating margin | 7.7% | 8.0% | 3.1% | -7.5% | -6.7% |
| Net margin | 6.0% | 6.3% | 1.6% | -6.3% | -10.5% |
| Line item | Q4 '24 | Q1 '24 | Q2 '24 | Q3 '25 | Q4 '25 | Q1 '25 | Q2 '25 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $29.5M | $33.1M | $34.1M | $28.8M | $33.9M | $37.7M | $34.8M | $35.5M |
| Gross profit | $1.4M | $2.3M | $1.7M | $1.8M | $3.5M | $4.4M | $2.5M | $383,000.00 |
| Operating income | — | -$1.8M | -$2.8M | -$2.1M | -$1.9M | $284,000.00 | -$1.8M | -$4.0M |
| Net income | -$1.9M | -$2.0M | -$2.2M | -$2.2M | -$7.2M | -$291,000.00 | -$2.6M | -$4.3M |
| Diluted EPS | -$0.32 | -$0.33 | -$0.37 | -$0.37 | -$1.21 | -$0.05 | -$0.42 | -$0.72 |
| Operating cash flow | -$2.7M | -$3.4M | $37,000.00 | $6.0M | $3.3M | -$4.0M | -$6.3M | $2.5M |
| Free cash flow | -$3.8M | -$3.7M | -$1.0M | $5.2M | $1.9M | -$5.1M | -$7.3M | $1.4M |
| Gross margin | 4.8% | 6.8% | 4.9% | 6.3% | 10.4% | 11.7% | 7.2% | 1.1% |
| Operating margin | — | -5.5% | -8.2% | -7.3% | -5.7% | 0.8% | -5.3% | -11.3% |
| Net margin | -6.4% | -6.0% | -6.4% | -7.6% | -21.3% | -0.8% | -7.3% | -12.1% |
Company news
May 19, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-03-06 | WOLF KENNETH· President, COO, & Sec. | Tax withholding | 5,151 | $2.73 | $14,062.23 | filing |
| 2026-03-06 | Fortin Michael E· Chief Financial Officer | Tax withholding | 4,308 | $2.73 | $11,760.84 | filing |
| 2026-03-06 | LEDOUX MARK A· CEO/Chairman | Tax withholding | 3,484 | $2.73 | $9,511.32 | filing |
| 2026-03-06 | LEDOUX MARK A· CEO/Chairman | Buy | 532 | $2.80 | $1,489.60 | filing |
| 2026-03-06 | Matherly Laura Kay | Award | 8,000 | $0.00 | $0.00 | filing |
| 2026-03-06 | Ramanathan Guru | Award | 8,000 | $0.00 | $0.00 | filing |
| 2026-03-06 | Dunn Alan G | Award | 8,000 | $0.00 | $0.00 | filing |
| 2026-03-06 | WOLF KENNETH· President, COO, & Sec. | Award | 15,000 | $0.00 | $0.00 | filing |
| 2026-03-06 | Fortin Michael E· Chief Financial Officer | Award | 12,000 | $0.00 | $0.00 | filing |
| 2026-03-06 | LEDOUX MARK A· CEO/Chairman | Award | 20,000 | $0.00 | $0.00 | filing |
| 2026-03-05 | LEDOUX MARK A· CEO/Chairman | Buy | 218 | $2.75 | $599.50 | filing |
| 2026-03-04 | LEDOUX MARK A· CEO/Chairman | Buy | 500 | $2.77 | $1,385.00 | filing |
| 2026-03-02 | LEDOUX MARK A· CEO/Chairman | Buy | 500 | $2.79 | $1,395.00 | filing |
| 2026-02-27 | LEDOUX MARK A· CEO/Chairman | Buy | 500 | $2.85 | $1,425.00 | filing |
| 2026-02-27 | LEDOUX MARK A· CEO/Chairman | Buy | 250 | $2.80 | $700.00 | filing |
| 2026-02-26 | LEDOUX MARK A· CEO/Chairman | Buy | 500 | $2.85 | $1,423.00 | filing |
| 2026-02-25 | LEDOUX MARK A· CEO/Chairman | Buy | 500 | $2.81 | $1,405.00 | filing |
| 2026-02-24 | LEDOUX MARK A· CEO/Chairman | Buy | 1,000 | $2.71 | $2,710.00 | filing |
| 2026-02-23 | LEDOUX MARK A· CEO/Chairman | Buy | 750 | $2.70 | $2,025.00 | filing |
| 2026-02-20 | LEDOUX MARK A· CEO/Chairman | Buy | 250 | $2.66 | $663.75 | filing |
| 2026-02-19 | LEDOUX MARK A· CEO/Chairman | Buy | 1,500 | $2.56 | $3,832.50 | filing |
| 2026-02-18 | LEDOUX MARK A· CEO/Chairman | Buy | 500 | $2.56 | $1,281.50 | filing |
| 2026-02-17 | LEDOUX MARK A· CEO/Chairman | Buy | 2,500 | $2.60 | $6,490.00 | filing |
| 2025-12-23 | LEDOUX MARK A· CEO/Chairman | Gift | 10,000 | — | — | filing |
Latest 24 transactions.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.