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Natural Alternatives International Inc (NAII)

Natural Alternatives International Inc brought in $141.9M of revenue over the twelve months to March 31, 2026, up 13.1% from a year earlier. It posted a net loss of $14.4M. Operating cash flow minus capital spending left $2.3M of free cash flow in fiscal 2025. At March 31, 2026 it held $9.2M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on May 19, 2026.

Watch NAII in 60 seconds
Price
$1.75
+1.16% on the day · September 25, 2026
52-week range $1.73 to $4.96
Market cap
$11M
Revenue (last 12 months)
$141.9M
+13.1% year on year
Net margin
-10.1%

What Natural Alternatives International Inc does

Natural Alternatives International Inc is registered with the SEC under industry code SIC 2833 (Medicinal Chemicals & Botanical Products). Its shares trade on NASDAQ under the ticker NAII.

Revenue and profit by year

Revenue
FY18: $132.4M $132.4M FY18FY19: $138.3M $138.3M FY19FY20: $118.9M $118.9M FY20FY21: $178.5M $178.5M FY21FY22: $171M $171M FY22FY23: $154M $154M FY23FY24: $113.8M $113.8M FY24FY25: $129.9M $129.9M FY25
Net income
FY18: $5.1M $5.1M FY18FY19: $6.5M $6.5M FY19FY20: -$1.6M -$1.6M FY20FY21: $10.8M $10.8M FY21FY22: $10.7M $10.7M FY22FY23: $2.5M $2.5M FY23FY24: -$7.2M -$7.2M FY24FY25: -$13.6M -$13.6M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$129.9M-$8.7M-$13.6M-$2.28$2.3M
2024$113.8M-$8.5M-$7.2M-$1.23-$4.5M
2023$154M$4.7M$2.5M$0.43-$6.5M
2022$171M$13.7M$10.7M$1.74-$14.6M
2021$178.5M$13.7M$10.8M$1.69$15.7M
2020$118.9M-$1.5M-$1.6M-$0.25-$850K

Full financial statements: income, balance sheet and cash flow

A report was expected around September 22, 2026 and is not on file yet.

Estimated from its filing rhythm: 52 weeks after its report of September 23, 2025. Not a date the company has announced. See the report calendar

Where NAII ranks in Health care

Revenue$129.9M
#286 of 646 in Health care · Top 44%
Revenue growth+14.1%
#216 of 474 in Health care · Top 45%
Net margin-10.5%
#259 of 485 in Health care · Bottom 47%
Free cash flow margin1.8%
#198 of 440 in Health care · Top 45%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Health care

Latest SEC filings

What Natural Alternatives International Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. May 21, 2026
  2. May 19, 2026
    Quarterly report 10-Q · period to March 31, 2026Revenue rose 23% to $35.5M versus the same quarter last year; diluted EPS -$0.72 versus -$0.37.
  3. May 18, 2026
  4. May 1, 2026
  5. March 20, 2026
  6. February 13, 2026
    Quarterly report 10-Q · period to December 31, 2025Revenue rose 2.1% to $34.8M versus the same quarter last year; diluted EPS -$0.42 versus -$0.37.
  7. January 21, 2026
  8. December 17, 2025
  9. December 12, 2025
  10. November 12, 2025
    Quarterly report 10-Q · period to September 30, 2025Revenue rose 14% to $37.7M versus the same quarter last year; diluted EPS -$0.05 versus -$0.33.

Recent insider filings (Forms 3, 4 and 144): 10, the latest on March 10, 2026. Insider transactions on SEC

What is NAII worth? A DCF from its reported cash flow

Who owns NAII

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Joseph F. Helmer13G, passive with 1 related filers 7.8% 480,449 February 11, 2025
Dimensional Fund Advisors LP13G, passive 6.2% 384,497 January 21, 2026

Latest filings below 5%: Renaissance Technologies LLC 4.99% (February 13, 2025).

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

We have not read this company's Form 4 filings yet.

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about NAII

What does Natural Alternatives International Inc do?

Natural Alternatives International Inc is registered with the SEC under industry code SIC 2833 (Medicinal Chemicals & Botanical Products). Its shares trade on NASDAQ under the ticker NAII.

Is Natural Alternatives International Inc profitable?

No. Over the twelve months to March 31, 2026 it reported a net loss of $14.4M on revenue of $141.9M.

How much revenue does Natural Alternatives International Inc make?

Over the twelve months to March 31, 2026 Natural Alternatives International Inc reported revenue of $141.9M. That is 13.1% more than a year earlier.

When did Natural Alternatives International Inc last report?

Its most recent periodic report is the quarterly report (10-Q) filed on May 19, 2026. It covers the period to March 31, 2026. Its newest filing of any kind is the employee stock plan registration from May 21, 2026.

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Where the numbers come from

Financial figures are the values Natural Alternatives International Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.