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

Mannatech Reports Financial Results for Third Quarter 2026

MTEX

Mannatech reported third quarter 2026 net sales of $24.9 million, a 14.6% decrease from the same period in 2025.
Gross profit as a percentage of net sales declined to 74.7% in Q3 2026 from 76.4% in Q3 2025.
Selling and administrative expenses fell by 4.1% to $8.7 million, though their percentage of net sales rose to 35.0% from 31.1%.
Income from operations dropped to $0.3 million in Q3 2026 from $2.0 million in the prior year period.
Net income for Q3 2026 was $8.9 million ($4.61 per diluted share), primarily driven by a $10.9 million non-cash income tax benefit related to deferred tax liability remeasurements.
The company reported a pre-tax loss of approximately $2.0 million in Q3 2026 compared to pre-tax income of $2.5 million in Q3 2025.
Net realized 2 unrealized foreign currency losses totaled $2.1 million in Q3 2026, contrasting with gains of $0.6 million in the same period last year.
Cash 2 cash equivalents decreased 12.4% to $5.4 million as of September 30, 2026, from $6.2 million at the end of 2025.
The total number of independent associates 2 preferred customers decreased to approximately 111,000 in Q3 2026 from 119,000 in Q3 2025, with new recruiting down 30.5%.
Management warned that current trade policies 2 tariffs could impact cost structures 2 profitability due to supply chain constraints.
An internal restructuring of foreign subsidiaries completed on October 14, 2026, resulted in a non-cash increase in stockholders' equity 2 helped the company meet Nasdaq's minimum equity requirements.
Asia/Pacific remained the largest sales region for Q3 2026, generating $16.6 million or 66.7% of total net sales.

Company: Mannatech Inc
Keywords: Nasdaq:MTEX, Mannatech Inc