Mannatech Inc income statement
In fiscal 2025, Mannatech Inc reported revenue of $108m, down 8.3% on the year before, operating income of −$426,000 (a -0.4% margin) and net income of −$15.2m, or −$8.00 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 290 | 228 | 201 | 173 | 177 | 190 | 180 | 180 | 177 | 174 | 158 | 151 | 160 | 137 | 132 | 118 | 108 | 107 |
| Cost of revenue | 47 | 33 | 39 | 35 | 36 | 38 | 34 | 37 | 36 | 34 | 32 | 36 | 34 | 33 | 29 | 26 | 27 | 26 |
| Gross profit | 96 | 98 | 162 | 139 | 141 | 152 | 146 | 144 | 141 | 139 | 126 | 116 | 126 | 104 | 103 | 91 | 81 | 82 |
| Research and development | — | — | 3 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | — |
| Selling, general and administrative | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 42 | 40 | 37 |
| Selling and marketing | — | — | 3 | 3 | — | — | — | — | — | — | — | — | — | — | 25 | — | — | — |
| General and administrative | 70 | 63 | 48 | 37 | 34 | 36 | 34 | 37 | 35 | 34 | 31 | 28 | 29 | 47 | 50 | — | — | — |
| Operating income | −26 | −11 | −17 | −1 | 5 | 13 | 12 | 1 | 3 | −0 | 6 | 4 | 9 | −0 | −1 | 1 | −0 | 3 |
| Interest expense | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0 | 0 | 0 |
| Net interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −0 | 0 | 0 | 0 | 0 | −0 | — | — |
| Income before tax | −24 | −11 | −18 | −0 | 3 | 10 | 8 | −1 | 2 | 0 | 6 | 6 | 9 | −0 | −1 | 4 | −3 | 5 |
| Income tax | −7 | −0 | 3 | 1 | −0 | 3 | 2 | −0 | 4 | 4 | 2 | −1 | −1 | 4 | 1 | 1 | 12 | 12 |
| Net income | −17 | −11 | −21 | −1 | 3 | 6 | 6 | −1 | −2 | −4 | 3 | 6 | 10 | −4 | −2 | 2 | −15 | −7 |
| Diluted EPS | −$6.56 | −$4.01 | −$7.80 | −$0.52 | $1.18 | $2.40 | $2.14 | −$0.22 | −$0.66 | −$1.53 | $1.35 | $2.77 | $4.71 | −$2.35 | −$1.20 | $1.32 | −$8.00 | −$3.87 |
| Diluted shares (average) | 3m | 3m | 3m | 3m | 3m | 3m | 3m | 3m | 3m | 3m | 2m | 2m | 2m | 2m | 2m | 2m | 2m | 2m |
| EBITDA | −13 | 0 | −6 | 4 | 7 | 14 | 14 | 3 | 4 | 2 | 9 | 6 | 11 | 1 | 1 | 3 | 1 | 4 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 32 | 29 | 27 | 26 | 29 | 27 | 25 | 27 |
| Cost of revenue | 8 | 6 | 7 | 7 | 7 | 7 | 6 | 6 |
| Gross profit | 24 | 23 | 20 | 19 | 22 | 20 | 19 | 20 |
| Selling, general and administrative | 10 | 10 | 10 | 11 | 9 | 10 | 9 | 9 |
| Operating income | 1 | 1 | −1 | −1 | 2 | −0 | −0 | 1 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net interest income | −0 | −0 | −0 | — | — | — | — | — |
| Income before tax | −1 | 3 | −1 | −4 | 3 | 0 | 1 | 1 |
| Income tax | −0 | 1 | 0 | 0 | 1 | 12 | 0 | 0 |
| Net income | −0 | 2 | −2 | −4 | 2 | −11 | 1 | 1 |
| Diluted EPS | −$0.17 | $1.20 | −$0.80 | −$2.27 | $1.01 | −$5.94 | $0.49 | $0.53 |
| EBITDA | 1 | 1 | −1 | −1 | 2 | 0 | 0 | 1 |
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