MANNATECH INCMTEXEarnings & Financial Report
Mannatech Inc. is a publicly traded, multinational multi-level marketing firm that sells dietary supplements and personal care products. It was founded in November 1993 by Samuel Caster, and is headquartered in Flower Mound, Texas. The company's stock is traded on the NASDAQ exchange under the symbol MTEX. As of 2017, Mannatech employed 252 people and sold its products through some 220,000 independent sales associates.
Revenue
$27.7M
Gross Profit
$21.4M
Operating Profit
$-1.1M
Net Profit
$-624.0K
Gross Margin
77.1%
Operating Margin
-4.1%
Net Margin
-2.2%
YoY Growth
-14.9%
EPS
$-0.33
MANNATECH INC Q2 FY2024 Financial Summary
MANNATECH INC reported revenue of $27.7M (down 14.9% YoY) for Q2 FY2024, with a net profit of $-624.0K (up 43.5% YoY) (-2.2% margin). Cost of goods sold was $6.4M, operating expenses totaled $22.5M.
Key Financial Metrics
| Total Revenue | $27.7M |
|---|---|
| Net Profit | $-624.0K |
| Gross Margin | 77.1% |
| Operating Margin | -4.1% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
MANNATECH INC Q2 FY2024 revenue of $27.7M breaks down across 2 segments, led by Consolidated Product Sales at $26.3M (94.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Consolidated Product Sales | $26.3M | 94.8% |
| Consolidated Pack Sales | $1.0M | 3.6% |
MANNATECH INC Revenue by Segment — Quarterly Trend
MANNATECH INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Consolidated Product Sales and Consolidated Pack Sales) has evolved quarter over quarter.
| Segment | Q3 FY2025 | Q1 FY2025 | Q4 FY2024 | Q3 FY2024 |
|---|---|---|---|---|
| Consolidated Product Sales | — | $25.5M | $28.0M | $30.1M |
| Consolidated Pack Sales | — | — | $700.0K | $1.3M |
MANNATECH INC Annual Revenue by Year
MANNATECH INC annual revenue history includes year-by-year totals (for example, 2024 revenue was $117.9M).
| Year | Annual Revenue |
|---|---|
| 2024 | $117.9M |
| 2023 | $132.0M |
| 2022 | $137.2M |
MANNATECH INC Quarterly Revenue & Net Profit History
MANNATECH INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $29.2M | -8.1% | $1.9M | 6.6% |
| Q1 FY2025 | $26.6M | -9.6% | $-1.5M | -5.8% |
| Q4 FY2024 | $29.0M | -11.3% | $2.3M | 7.8% |
| Q3 FY2024 | $31.7M | -2.5% | $-328.0K | -1.0% |
| Q2 FY2024 | $27.7M | -14.9% | $-624.0K | -2.2% |
| Q1 FY2024 | $29.4M | -13.8% | $1.2M | 4.0% |
| Q4 FY2023 | $32.7M | -4.8% | $-1.8M | -5.4% |
| Q3 FY2023 | $32.6M | -8.3% | $18.0K | 0.1% |
Income Statement
| Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $32.6M | $32.7M | $29.4M | $27.7M | $31.7M | $29.0M | $26.6M | $29.2M |
| YoY Growth | -8.3% | -4.8% | -13.8% | -14.9% | -2.5% | -11.3% | -9.6% | -8.1% |
Balance Sheet
| Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $42.2M | $41.2M | $41.1M | $39.9M | $40.6M | $36.1M | $36.7M | $33.9M |
| Liabilities | $31.5M | $30.7M | $30.6M | $31.7M | $30.6M | $27.4M | $29.1M | $27.0M |
| Equity | $10.7M | $10.5M | $10.4M | $8.2M | $10.0M | $8.6M | $7.6M | $7.0M |
Cash Flow
| Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $287000 | $-1.3M | $1.9M | $-2.7M | $3.3M | $-219000 | $-1.4M | $-1.3M |