Global wellness company Mannatech, Incorporated has officially announced its financial results for the first quarter of 2026. The report highlights a significant shift toward profitability, driven by improved profit margins and reduced operating costs.
During the first quarter, Mannatech’s gross profit as a percentage of sales increased to 75.7%. This shows a positive rise from the 74.3% reported during the same period last year.
Additionally, the company successfully minimized its expenses. Selling and administrative costs decreased by $0.7 million, marking a 7.3% decline year-over-year to settle at $9.3 million.
Mannatech recorded a net income of $1 million, or $0.49 per diluted share, for Q1 2026. This is a massive recovery compared to the net loss of $1.5 million ($0.80 per diluted share) in Q1 2025.
However, net sales for the quarter experienced an 8.1% year-over-year drop on a constant dollar basis, totaling $24.9 million. Meanwhile, losses from operations shrank significantly to $0.2 million, down from $0.8 million in the first quarter of 2025.
The total number of active independent associates and preferred customers reached 111,000. This figure is a decrease from the 129,000 customers recorded in the same quarter of the previous year. Furthermore, new recruitment during Q1 2026 fell by 15.6% year-over-year.
Mannatech noted that ongoing changes in trade policies and tariffs might impact its future cost structure and profitability. Supply chain and operational constraints could limit the company’s short-term efforts to mitigate these disruptions.
Despite these challenges, the company maintains a stable financial position. Mannatech closed the quarter with $7 million in cash and cash equivalents, reflecting a 13.4% increase from the end of 2025.
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