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Nu Skin Q3 2026 Results: Revenue Falls 14.6%

Nu Skin Enterprises Reports Third Quarter 2026 Results

Nu Skin Enterprises Inc. (NYSE: NUS) has released its financial results for the third quarter of 2026. The company reported revenue within its guidance range while continuing to focus on strategic priorities in a challenging operating environment.

Third Quarter Performance Overview

Revenue for the third quarter reached $311.0 million, a decline of 14.6% compared to the prior-year quarter. Foreign currency impact accounted for about 1.1%, or $3.9 million. Earnings per share came in at $(0.02), or $0.10 when excluding certain charges, compared to $0.34 in the same period last year.

Key operating metrics showed year-over-year declines:

  • Customers: 609,469 (down 18%)

     

  • Paid Affiliates: 116,449 (down 10%)

     

  • Sales Leaders: 26,995 (down 13%)

     

Ryan Napierski, CEO of Nu Skin Enterprises, in an official portrait.

Gross margin stood at 65.0%, compared to 70.5% a year earlier. The Nu Skin business portion of gross margin was 76.6% versus 77.7%. Selling expenses improved to 33.2% of revenue from 35.8%, while G&A expenses rose to 30.2% from 28.8%. Operating margin was 1.6%, or 3.7% excluding certain charges, compared to 5.9% in the prior-year quarter.

Leadership Comments on Progress and Priorities

Ryan Napierski, Nu Skin president and CEO, said:

“Third quarter revenue came in within our guidance range as we continued executing on our strategic priorities amid a challenging operating environment. During the quarter, we held our Nu Skin LIVE global convention in Japan, where we were excited to gather with 12,000 of our sales leaders and preview our next anti-aging offerings focused on women’s health. We continue to see adoption of our Prysm iO platform, including year-to-date growth in revenue from our flagship LifePak nutritional supplements. Looking ahead, we are focused on driving affiliate and customer engagement through the holiday season and anticipate sequential growth in the fourth quarter.”

Outlook for Fourth Quarter and Full Year 2026

“For 2026, we project revenue of $1.26 billion to $1.29 billion and earnings per share of $(5.08) to $(4.98) with adjusted EPS of $0.55 to $0.65. For the fourth quarter, we project revenue between $310 million and $340 million, with earnings per share in the range of $0.05 to $0.15 or $0.11 to $0.21 on an adjusted basis.”

The company expects approximately 1% foreign currency impact in the fourth quarter and about (1)% for the full year.

Stockholder Returns and Financial Position

During the third quarter, Nu Skin paid $2.9 million in dividends. No shares were repurchased in the period. The company still has $137.3 million remaining under its current share repurchase authorization.

About Nu Skin Enterprises

Nu Skin Enterprises Inc. (NYSE: NUS) is an intelligent beauty and wellness company powered by a dynamic affiliate opportunity platform. It operates in nearly 50 markets worldwide. Backed by more than 40 years of scientific research, the company offers products designed to help people look, feel, and live their best. Its portfolio includes the Prysm iO intelligent wellness platform, an award-winning line of beauty device systems, and trusted personal care and wellness brands. Rhyz, the company’s strategic investment arm formed in 2018, focuses on innovation in the beauty, wellness, and lifestyle categories.

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