GlobeNewswire·Aug 12, 2026, 4:02 PM ET

Mannatech Reports Financial Results for Second Quarter 2026

MTEX

Mannatech reported second quarter 2026 net sales of $26.7 million, an increase of $1.0 million compared to the same period in 2025.
On a constant dollar basis, net sales increased by $1.3 million or 5.1%, while foreign exchange reduced GAAP net sales by $0.3 million.
Gross profit margin rose to 76.9% in the second quarter of 2026 from 73.6% in the same period in 2025.
Selling and administrative expenses decreased by $1.8 million or 16.7% to $9.0 million, representing 33.7% of net sales compared to 42.0% previously.
The company recorded income from operations of $1.0 million for the quarter ended June 30, 2026, reversing a $1.4 million loss from the prior year period.
Net income for the three months ended June 30, 2026, was $1.0 million, or $0.53 per diluted share, compared to a net loss of $4.3 million, or $2.27 per diluted share, in 2025.
Cash and cash equivalents stood at $6.0 million as of June 30, 2026, a 2.4% decrease from $6.2 million at the end of 2025.
The network comprised approximately 116,000 active independent associates & preferred customers as of June 30, 2026, down from 125,000 in 2025, though recruiting increased 33.3% year-over-year.
Management warned that current trade policies & tariffs could impact cost structures & profitability due to operational & supply chain constraints.
Non-GAAP constant dollar measures were disclosed to exclude foreign currency translation impacts on net sales, gross profit, & income from operations.
Regional sales for the quarter showed Asia/Pacific contributing 59.6% ($15.9 million), Americas 31.5% ($8.4 million), & EMEA 9.0% ($2.4 million).
Total assets were $27.469 million as of June 30, 2026, down from $29.993 million at December 31, 2025, while total shareholders' deficit improved to $4.970 million from $5.223 million.