LifeVantage Corporation (Nasdaq: LFVN) released its financial results for the third quarter of fiscal 2026, ended March 31, 2026. The company continues to focus on expense management, share repurchases, and long-term growth in the health and wellness sector despite a challenging quarter.
Michael Beindorff, Interim CEO of LifeVantage, commented:
“Third quarter results were softer than we anticipated as lower sales of our MindBody GLP-1 System® were only partially offset by the addition of LoveBiome. Despite top-line headwinds, we stayed disciplined with expenses and capital allocation, allowing us to continue repurchasing shares while keeping a strong balance sheet. We are not satisfied with our performance and are fully focused on the changes needed to drive better results going forward. With our science-backed nutrigenomics approach, strong product portfolio, passionate consultants, and solid financial foundation, LifeVantage is well positioned for future growth in the expanding wellness market.”
Total revenue for the quarter was $43.7 million compared to $58.4 million in the same period last year. The decline was mainly driven by lower sales of the MindBody GLP-1 System® in the Americas, partially offset by contributions from LoveBiome, which was acquired in October 2025.
Gross margin was 79.0% (adjusted 79.4% excluding one-time inventory allowance). The company maintained strong cost control, with commissions and incentives at 43.5% of revenue. Operating income stood at $1.7 million, with Adjusted EBITDA of $3.2 million.
LifeVantage remains committed to its core strengths in nutrigenomics and cellular health while integrating new products to support future revenue growth.
LifeVantage Corporation (Nasdaq: LFVN) is a pioneer in nutrigenomics. The company develops science-backed products that activate the body’s natural processes for optimal health at the cellular level. Its flagship product lines include Protandim®, TrueScience® skincare, MindBody GLP-1 System®, LoveBiome P84, and AXIO® energy drinks. LifeVantage products are sold through independent Consultants across multiple markets. The company is headquartered in Lehi, Utah. For more information, visit www.lifevantage.com.
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