GlobeNewswire·May 14, 2026, 4:05 PM ET

Mannatech Reports Financial Results for First Quarter 2026

Mannatech reported first quarter 2026 net sales of $24.9 million, a decrease of $1.6 million compared to the same period in 2025.
On a constant dollar basis, net sales declined by $2.2 million or 8.1%, while foreign exchange provided a $0.5 million increase to GAAP net sales.
Gross profit margin improved to 75.7% in the first quarter of 2026 from 74.3% in the prior year period.
Selling and administrative expenses decreased by $0.7 million to $9.3 million, representing 37.3% of net sales compared to 37.7% in 2025.
The company recorded a $0.2 million loss from operations in Q1 2026, an improvement from the $0.8 million loss in Q1 2025.
Net income for the three months ended March 31, 2026, was $1.0 million ($0.49 per diluted share), contrasting with a $1.5 million net loss ($0.80 per diluted share) in 2025.
Cash and cash equivalents increased 13.4% to $7.0 million as of March 31, 2026, up from $6.2 million at the end of 2025.
The total number of active independent associate & preferred customer positions fell to approximately 111,000 from 129,000 in the same period in 2025, with recruiting decreasing 15.6%.
Management warned that current trade policies, including tariffs, could impact cost structure & profitability despite mitigation efforts.
Americas net sales were $6.7 million (26.9% of total), Asia/Pacific sales were $15.9 million (63.9%), & EMEA sales were $2.3 million (9.2%).