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Side-by-side financial comparison of HERBALIFE LTD. (HLF) and Lionsgate Studios Corp. (LION). Click either name above to swap in a different company.

HERBALIFE LTD. is the larger business by last-quarter revenue ($1.2B vs $724.3M, roughly 1.7× Lionsgate Studios Corp.). HERBALIFE LTD. runs the higher net margin — 5.0% vs -6.4%, a 11.4% gap on every dollar of revenue. On growth, Lionsgate Studios Corp. posted the faster year-over-year revenue change (52.5% vs 7.8%).

Herbalife Nutrition Ltd., also called Herbalife International, Inc. or simply Herbalife, is an American multinational multi-level marketing (MLM) corporation that develops and sells dietary supplements. The company has been alleged to have fraudulently operated a pyramid scheme; under an SEC agreement in 2016 the compensation and other benefits were restructured to include tying distributor rewards to verifiable sales. Some products sold by Herbalife have caused acute hepatitis. The business...

Lionsgate Canada is a Canadian entertainment company and a subsidiary of Lionsgate Studios. Based in the Entertainment District in the city of Toronto, the company is primarily involved in the acquisition and production of films and television series.

HLF vs LION — Head-to-Head

Bigger by revenue
HLF
HLF
1.7× larger
HLF
$1.2B
$724.3M
LION
Growing faster (revenue YoY)
LION
LION
+44.6% gap
LION
52.5%
7.8%
HLF
Higher net margin
HLF
HLF
11.4% more per $
HLF
5.0%
-6.4%
LION

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
HLF
HLF
LION
LION
Revenue
$1.2B
$724.3M
Net Profit
$61.2M
$-46.2M
Gross Margin
84.0%
Operating Margin
11.3%
5.0%
Net Margin
5.0%
-6.4%
Revenue YoY
7.8%
52.5%
Net Profit YoY
21.4%
59.3%
EPS (diluted)
$0.57
$-0.16

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HLF
HLF
LION
LION
Q1 26
$1.2B
Q4 25
$1.3B
$724.3M
Q3 25
$1.3B
$475.1M
Q2 25
$1.3B
$525.9M
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.3B
Net Profit
HLF
HLF
LION
LION
Q1 26
$61.2M
Q4 25
$85.4M
$-46.2M
Q3 25
$43.2M
$-113.5M
Q2 25
$49.3M
$-108.9M
Q1 25
$50.4M
Q4 24
$177.9M
Q3 24
$47.4M
Q2 24
$4.7M
Gross Margin
HLF
HLF
LION
LION
Q1 26
84.0%
Q4 25
77.5%
Q3 25
77.7%
Q2 25
78.0%
Q1 25
78.3%
Q4 24
77.8%
Q3 24
78.3%
Q2 24
77.9%
Operating Margin
HLF
HLF
LION
LION
Q1 26
11.3%
Q4 25
7.8%
5.0%
Q3 25
9.9%
-9.7%
Q2 25
10.5%
-2.0%
Q1 25
10.1%
Q4 24
8.8%
Q3 24
10.2%
Q2 24
6.3%
Net Margin
HLF
HLF
LION
LION
Q1 26
5.0%
Q4 25
6.7%
-6.4%
Q3 25
3.4%
-23.9%
Q2 25
3.9%
-20.7%
Q1 25
4.1%
Q4 24
14.7%
Q3 24
3.8%
Q2 24
0.4%
EPS (diluted)
HLF
HLF
LION
LION
Q1 26
$0.57
Q4 25
$0.81
$-0.16
Q3 25
$0.42
$-0.39
Q2 25
$0.48
$-0.40
Q1 25
$0.49
Q4 24
$1.75
Q3 24
$0.46
Q2 24
$0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HLF
HLF
LION
LION
Cash + ST InvestmentsLiquidity on hand
$451.2M
$182.4M
Total DebtLower is stronger
$2.0B
$1.8B
Stockholders' EquityBook value
$-1.3B
Total Assets
$2.9B
$5.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HLF
HLF
LION
LION
Q1 26
$451.2M
Q4 25
$353.1M
$182.4M
Q3 25
$305.5M
$202.4M
Q2 25
$320.9M
$186.1M
Q1 25
$329.4M
Q4 24
$415.3M
Q3 24
$402.5M
Q2 24
$374.0M
Total Debt
HLF
HLF
LION
LION
Q1 26
$2.0B
Q4 25
$2.0B
$1.8B
Q3 25
$2.0B
$1.8B
Q2 25
$2.1B
$1.5B
Q1 25
$2.2B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.3B
Stockholders' Equity
HLF
HLF
LION
LION
Q1 26
Q4 25
$-515.1M
$-1.3B
Q3 25
$-612.0M
$-1.3B
Q2 25
$-660.5M
$-1.1B
Q1 25
$-736.0M
Q4 24
$-801.1M
Q3 24
$-954.2M
Q2 24
$-1.0B
Total Assets
HLF
HLF
LION
LION
Q1 26
$2.9B
Q4 25
$2.8B
$5.2B
Q3 25
$2.7B
$5.2B
Q2 25
$2.7B
$5.2B
Q1 25
$2.7B
Q4 24
$2.7B
Q3 24
$2.7B
Q2 24
$2.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HLF
HLF
LION
LION
Operating Cash FlowLast quarter
$113.8M
$-108.9M
Free Cash FlowOCF − Capex
$-111.9M
FCF MarginFCF / Revenue
-15.4%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
1.86×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HLF
HLF
LION
LION
Q1 26
$113.8M
Q4 25
$98.3M
$-108.9M
Q3 25
$138.8M
$-104.0M
Q2 25
$96.0M
$-31.0M
Q1 25
$200.0K
Q4 24
$69.6M
Q3 24
$99.5M
Q2 24
$102.5M
Free Cash Flow
HLF
HLF
LION
LION
Q1 26
Q4 25
$79.8M
$-111.9M
Q3 25
$118.0M
$-107.2M
Q2 25
$73.2M
$-34.5M
Q1 25
$-18.1M
Q4 24
$43.9M
Q3 24
$72.4M
Q2 24
$66.2M
FCF Margin
HLF
HLF
LION
LION
Q1 26
Q4 25
6.2%
-15.4%
Q3 25
9.3%
-22.6%
Q2 25
5.8%
-6.6%
Q1 25
-1.5%
Q4 24
3.6%
Q3 24
5.8%
Q2 24
5.2%
Capex Intensity
HLF
HLF
LION
LION
Q1 26
Q4 25
1.4%
0.4%
Q3 25
1.6%
0.7%
Q2 25
1.8%
0.7%
Q1 25
1.5%
Q4 24
2.1%
Q3 24
2.2%
Q2 24
2.8%
Cash Conversion
HLF
HLF
LION
LION
Q1 26
1.86×
Q4 25
1.15×
Q3 25
3.21×
Q2 25
1.95×
Q1 25
0.00×
Q4 24
0.39×
Q3 24
2.10×
Q2 24
21.81×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HLF
HLF

Segment breakdown not available.

LION
LION

Television Production$303.1M42%
Digital Media$155.1M21%
Third Party Purchasers Individual Agreements$91.2M13%
Theatrical$70.7M10%
Domestic Television$43.1M6%
Starz Business$24.1M3%
Other Media$17.6M2%
Packaged Media$14.1M2%

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