FLOWER MOUND, TX Mannatech Incorporated (NASDAQ: MTEX) released its Q1 2026 financial results today. The global health and wellness company posted stronger gross margins, lower operating expenses, and a return to net income.
Gross profit margin rose to 75.7% in Q1 2026, up from 74.3% in the same quarter last year. Selling and administrative expenses fell by $0.7 million, or 7.3%, reaching $9.3 million. These improvements reflect better cost management and operational efficiency.
Net sales for the quarter ended March 31, 2026 totaled $24.9 million, compared to $26.6 million in Q1 2025. On a constant-currency basis, sales declined 8.1%. Foreign currency exchange added a positive $0.5 million to reported revenue.
Mannatech reported net income of $1.0 million, or $0.49 per diluted share. This marks a significant turnaround from a net loss of $1.5 million, or $0.80 per diluted share, in Q1 2025. Loss from operations also improved to $0.2 million from $0.8 million a year earlier.
The company ended the quarter with approximately 111,000 new and continuing independent associates and preferred customers who purchased products during the period.
Mannatech closed Q1 2026 with $7.0 million in cash and cash equivalents a 13.4% increase from $6.2 million at the end of 2025.
Mannatech operates in China through a cross-border e-commerce platform separate from its network marketing model. The company is monitoring changing trade policies, including tariffs, which may affect costs and profitability. Mannatech continues to take steps to minimize supply chain disruptions and higher costs.
Mannatech is a leading global health and wellness company committed to transforming lives through science-backed nutritional products, patented technology, and a rewarding business opportunity. The company helps people live healthier, more fulfilling lives while creating positive social impact worldwide.
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