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Side-by-side financial comparison of MEDIFAST INC (MED) and NATURES SUNSHINE PRODUCTS INC (NATR). Click either name above to swap in a different company.

NATURES SUNSHINE PRODUCTS INC is the larger business by last-quarter revenue ($123.8M vs $75.1M, roughly 1.6× MEDIFAST INC). On growth, NATURES SUNSHINE PRODUCTS INC posted the faster year-over-year revenue change (4.7% vs -36.9%). NATURES SUNSHINE PRODUCTS INC produced more free cash flow last quarter ($7.6M vs $-6.6M). Over the past eight quarters, NATURES SUNSHINE PRODUCTS INC's revenue compounded faster (5.6% CAGR vs -34.4%).

Medifast, Inc. is an American nutrition and weight loss company based in Baltimore, Maryland. Medifast produces, distributes, and sells weight loss and health-related products through websites, multi-level marketing, telemarketing, and franchised weight loss clinics.

Nature's Sunshine Products, Inc. also known as "NSP", is a manufacturer of dietary supplements, including herbs, vitamins, minerals, and personal care products. It is based in Lehi, Utah, with a manufacturing facility in Spanish Fork, Utah.

MED vs NATR — Head-to-Head

Bigger by revenue
NATR
NATR
1.6× larger
NATR
$123.8M
$75.1M
MED
Growing faster (revenue YoY)
NATR
NATR
+41.6% gap
NATR
4.7%
-36.9%
MED
More free cash flow
NATR
NATR
$14.2M more FCF
NATR
$7.6M
$-6.6M
MED
Faster 2-yr revenue CAGR
NATR
NATR
Annualised
NATR
5.6%
-34.4%
MED

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MED
MED
NATR
NATR
Revenue
$75.1M
$123.8M
Net Profit
$4.1M
Gross Margin
69.4%
72.5%
Operating Margin
-10.4%
4.3%
Net Margin
3.3%
Revenue YoY
-36.9%
4.7%
Net Profit YoY
1379.4%
EPS (diluted)
$-1.64
$0.23

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
MED
MED
NATR
NATR
Q4 25
$75.1M
$123.8M
Q3 25
$89.4M
$128.3M
Q2 25
$105.6M
$114.8M
Q1 25
$115.7M
$113.2M
Q4 24
$119.0M
$118.2M
Q3 24
$140.2M
$114.6M
Q2 24
$168.6M
$110.6M
Q1 24
$174.7M
$111.0M
Net Profit
MED
MED
NATR
NATR
Q4 25
$4.1M
Q3 25
$-2.3M
$5.3M
Q2 25
$2.5M
$5.3M
Q1 25
$-772.0K
$4.7M
Q4 24
$-321.0K
Q3 24
$1.1M
$4.3M
Q2 24
$-8.2M
$1.3M
Q1 24
$8.3M
$2.3M
Gross Margin
MED
MED
NATR
NATR
Q4 25
69.4%
72.5%
Q3 25
69.5%
73.3%
Q2 25
72.6%
71.7%
Q1 25
72.8%
72.1%
Q4 24
74.1%
72.0%
Q3 24
75.4%
71.3%
Q2 24
73.2%
71.4%
Q1 24
72.8%
71.2%
Operating Margin
MED
MED
NATR
NATR
Q4 25
-10.4%
4.3%
Q3 25
-4.6%
7.0%
Q2 25
-1.0%
3.7%
Q1 25
-1.1%
5.4%
Q4 24
0.6%
3.8%
Q3 24
1.5%
4.6%
Q2 24
-4.7%
5.1%
Q1 24
4.5%
4.2%
Net Margin
MED
MED
NATR
NATR
Q4 25
3.3%
Q3 25
-2.5%
4.2%
Q2 25
2.3%
4.6%
Q1 25
-0.7%
4.2%
Q4 24
-0.3%
Q3 24
0.8%
3.8%
Q2 24
-4.8%
1.2%
Q1 24
4.8%
2.1%
EPS (diluted)
MED
MED
NATR
NATR
Q4 25
$-1.64
$0.23
Q3 25
$-0.21
$0.30
Q2 25
$0.22
$0.28
Q1 25
$-0.07
$0.25
Q4 24
$0.08
$-0.02
Q3 24
$0.10
$0.23
Q2 24
$-0.75
$0.07
Q1 24
$0.76
$0.12

Balance Sheet & Financial Strength

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

Metric
MED
MED
NATR
NATR
Cash + ST InvestmentsLiquidity on hand
$167.3M
$93.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$198.9M
$161.6M
Total Assets
$248.0M
$261.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MED
MED
NATR
NATR
Q4 25
$167.3M
$93.9M
Q3 25
$173.5M
$95.6M
Q2 25
$162.7M
$81.3M
Q1 25
$164.6M
$86.5M
Q4 24
$162.3M
$84.7M
Q3 24
$170.0M
$78.7M
Q2 24
$163.5M
$68.7M
Q1 24
$156.4M
$77.8M
Total Debt
MED
MED
NATR
NATR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$2.1M
Stockholders' Equity
MED
MED
NATR
NATR
Q4 25
$198.9M
$161.6M
Q3 25
$214.7M
$166.7M
Q2 25
$216.0M
$163.7M
Q1 25
$211.0M
$167.1M
Q4 24
$210.1M
$161.0M
Q3 24
$207.3M
$162.6M
Q2 24
$205.3M
$156.4M
Q1 24
$211.0M
$159.7M
Total Assets
MED
MED
NATR
NATR
Q4 25
$248.0M
$261.1M
Q3 25
$268.2M
$264.8M
Q2 25
$269.3M
$254.9M
Q1 25
$280.0M
$252.7M
Q4 24
$284.2M
$240.9M
Q3 24
$291.2M
$245.3M
Q2 24
$293.5M
$235.8M
Q1 24
$302.8M
$247.3M
Debt / Equity
MED
MED
NATR
NATR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.01×

Cash Flow & Capital Efficiency

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

Metric
MED
MED
NATR
NATR
Operating Cash FlowLast quarter
$-5.3M
$9.9M
Free Cash FlowOCF − Capex
$-6.6M
$7.6M
FCF MarginFCF / Revenue
-8.8%
6.1%
Capex IntensityCapex / Revenue
1.8%
1.9%
Cash ConversionOCF / Net Profit
2.41×
TTM Free Cash FlowTrailing 4 quarters
$1.2M
$28.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MED
MED
NATR
NATR
Q4 25
$-5.3M
$9.9M
Q3 25
$12.1M
$18.5M
Q2 25
$-3.4M
$4.3M
Q1 25
$3.4M
$2.6M
Q4 24
$-4.9M
$12.2M
Q3 24
$9.1M
$9.6M
Q2 24
$13.1M
$1.3M
Q1 24
$7.3M
$2.2M
Free Cash Flow
MED
MED
NATR
NATR
Q4 25
$-6.6M
$7.6M
Q3 25
$10.8M
$16.8M
Q2 25
$-4.8M
$3.0M
Q1 25
$1.9M
$1.5M
Q4 24
$-7.2M
$10.0M
Q3 24
$7.7M
$7.9M
Q2 24
$11.1M
$-2.0M
Q1 24
$5.4M
$-1.5M
FCF Margin
MED
MED
NATR
NATR
Q4 25
-8.8%
6.1%
Q3 25
12.0%
13.1%
Q2 25
-4.5%
2.6%
Q1 25
1.6%
1.3%
Q4 24
-6.1%
8.5%
Q3 24
5.5%
6.9%
Q2 24
6.6%
-1.9%
Q1 24
3.1%
-1.4%
Capex Intensity
MED
MED
NATR
NATR
Q4 25
1.8%
1.9%
Q3 25
1.5%
1.3%
Q2 25
1.3%
1.2%
Q1 25
1.3%
1.0%
Q4 24
1.9%
1.9%
Q3 24
1.0%
1.5%
Q2 24
1.1%
3.0%
Q1 24
1.1%
3.3%
Cash Conversion
MED
MED
NATR
NATR
Q4 25
2.41×
Q3 25
3.46×
Q2 25
-1.36×
0.81×
Q1 25
0.55×
Q4 24
Q3 24
8.04×
2.21×
Q2 24
0.97×
Q1 24
0.88×
0.94×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MED
MED

Segment breakdown not available.

NATR
NATR

Other$68.1M55%
General Health Products$20.2M16%
Digestive Products$13.8M11%
Cardiovascular Products$12.1M10%
Personal Care Products$4.4M4%
Immunity Products$3.1M3%
Weight Management Products$2.1M2%

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