NAII · Natural Alternatives International Inc
Substantial doubt about the company's ability to continue as a going concern.
“Management identified the following conditions that raised substantial doubt about the Company's ability to continue as a going concern: • Continued net losses and negative operating cash flows; • A forecasted inability to meet the financial covenant requirements of Legacy for the nine months ending September 30, 2026; and • Our inability to satisfy amounts owed under the current credit facility and term loan with cash currently available in the event Legacy elects to exercise its rights under the credit facility in the event of non-compliance regarding default actions against the Company. While management plans to take the actions noted above, there can be no assurance we will be successful in our efforts to obtain a waiver, amendment, or obtain alternative financing or avoid future issues maintaining compliance with financial covenants.”View the 10-K filed Sep 28, 2026
One customer — 27% of revenue (nine months ended March 31, 2026)
“Revenue concentration for our largest private-label contract manufacturing customer as a percentage of total net sales for the nine months ended March 31, 2026 was 27%”
One customer — 35% of revenue (nine months ended March 31, 2025)
“revenue concentration for our largest private-label contract manufacturing customer as a percentage of total net sales for the nine months ended March 31, 2025 was 35%”
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Technicals
trend & momentum for long-term holders SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Days sales outstanding | 45 | fiscal 2026 filing | — |
| Products manufactured by NAIE accounted for % of consolidated net sales in markets outside the U | 86% | fiscal 2026 filing | — |
| Products manufactured by NAIE and sold in the U.S. | $36,000 | fiscal 2026 filing | — |
| Rental expense | $5.7M | fiscal year ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Packaged Foods — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
NAII
this stock
Natural Alternatives International Inc
|
$25.43M | -67.6% | +8.6% | — | 0.0% |
|
JBS
Jbs N.V.
|
$42.43B | -11.9% | — | — | 1.3% |
|
KHC
Kraft Heinz Co
|
$27.48B | -1.7% | -0.1% | — | 7.8% |
|
GIS
General Mills Inc
|
$17.41B | -28.1% | +4.1% | — | 7.7% |
|
SJM
J M SMUCKER Co
|
$13.57B | +32.6% | +3.7% | — | 4.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| NAII | +0.9% | -39.0% | -56.6% | -22.2% | -67.6% |
| SPY | -1.2% | -0.6% | +8.1% | +0.8% | +12.8% |
| vs SPY | +2.0% | -38.4% | -64.6% | -23.0% | -80.4% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.