MANNATECH INC Q1 FY26 Results

Summary

Mannatech reported net sales of $24.9 million for the first quarter of 2026, a decrease of $1.6 million compared to the same period in 2025. Gross profit as a percentage of net sales increased to 75.7%. The company reported a net income of $1.0 million, or $0.49 per diluted share, compared to a net loss of $1.5 million, or $0.80 per diluted share, for the same period last year. Cash and cash equivalents increased to $7.0 million as of March 31, 2026.

Key Highlights

1. 1

   Net sales for the three months ended March 31, 2026, were $24.9 million, a decrease of $1.6 million compared to the same period in 2025.

2. 2

   Gross profit as a percentage of net sales increased to 75.7% for the three months ended March 31, 2026, compared to 74.3% for the same period in 2025.

3. 3

   Selling and administrative expenses decreased by $0.7 million, or 7.3%, to $9.3 million for the three months ended March 31, 2026.

4. 4

   Loss from operations was $0.2 million for the three months ended March 31, 2026, compared to $0.8 million in the same period in 2025.

5. 5

   Net income was $1.0 million for the three months ended March 31, 2026, or $0.49 per diluted share, compared to a net loss of $1.5 million, or $0.80 per diluted share for the three months ended March 31, 2025.

6. 6

   Cash and cash equivalents increased 13.4%, or $0.8 million, to $7.0 million as of March 31, 2026, from $6.2 million as of December 31, 2025.

7. 7

   The number of independent associate and preferred customer positions was approximately 111,000 as of March 31, 2026, compared to 129,000 in the same period in 2025.