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Companies / Health Care / Natural Alternatives International, Inc.
NAII

Natural Alternatives International, Inc.

Health CareChemicals
Ticker NAIICARLSBAD, CAFiscal year ends JuneBook value per share $8.29Diluted shares 6.0M

Natural Alternatives International, Inc. (Nasdaq: NAII) formulates, manufactures, and markets nutritional supplements, primarily providing private-label contract manufacturing services to companies that sell vitamins, minerals, herbs, and other nutritional and health care products through direct sales, e-commerce, and… From the company’s description.

In fiscal 2026, Natural Alternatives International, Inc. reported revenue of $142.51M, up 9.7% from fiscal 2025, and a net loss of $20.70M. Its operating margin was −13.2%, and operations used $8.92M in cash.

Fiscal year 2026 · ends 06-30Changes are against fiscal 2025
Sales & profitability
$142.51MFY2026
+9.7% year over year
-13.16%FY2026
−6.5 percentage points
$-20.70MFY2026
−52.4% year over year
-21.03%FY2026
−1.2 percentage points
Cash & financing
$-8.92MFY2026
−250.3% year over year
$-12.62MFY2026
−644.3% year over year
0.37FY2026
Was 0.16× a year earlier
6.0MFY2026
+1.4% year over year

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure.

What Natural Alternatives International, Inc. does

In the company’s own words

Natural Alternatives International, Inc. (Nasdaq: NAII) formulates, manufactures, and markets nutritional supplements, primarily providing private-label contract manufacturing services to companies that sell vitamins, minerals, herbs, and other nutritional and health care products through direct sales, e-commerce, and retail channels. Its customer services include custom formulation, clinical research support, testing, regulatory and product-registration assistance, marketing support, and packaging. The company also sells beta-alanine ingredients and licenses related patents and trademarks, including CarnoSyn®, SR CarnoSyn®, CarnoSyn® 4X, and TriBsyn®; its products are used in sports nutrition, wellness, and other applications. Operations comprise two reportable segments: private-label contract manufacturing, which generated 94% of fiscal 2026 net sales, and royalty, licensing, and raw material sales, which generated 6%. Net sales totaled $142.5 million for the fiscal year ended June 30, 2026. Natural Alternatives International was founded in 1980 and operates manufacturing facilities in California and Switzerland. Its website is www.nai-online.com.

Company details
Sector
Health Care
Industry (SIC)
Chemicals
Headquarters
CARLSBAD, CA
Fiscal year end
June
CIK
787253
SIC
2833

Financial performance, year by year

Fiscal 2012–2026 · USD
$-40.62M$19.15M$78.91M$138.68M$198.44M201220132014201520162017201820192020202120222023202420252026

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Natural Alternatives International, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

20
funds hold it
0 of 35
superinvestors hold it
$1.56M
held by funds, at market
2.8%
of shares held by funds

Largest fund holders · Natural Alternatives International, Inc.’s weight in each

U.S. SMALL CAP VALUE PORTFOLIO
DFSVX · DFA INVESTMENT DIMENSIONS GROUP INC
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
U.S. MICRO CAP PORTFOLIO
DFSCX · DFA INVESTMENT DIMENSIONS GROUP INC
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Natural Alternatives International, Inc. and its peers compare on margins and cash generation over ten years?”
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  • “What changed in Natural Alternatives International, Inc.'s last four quarterly filings that the numbers alone won't show?”
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