vs

Side-by-side financial comparison of MANNATECH INC (MTEX) and SOUTH PLAINS FINANCIAL, INC. (SPFI). Click either name above to swap in a different company.

SOUTH PLAINS FINANCIAL, INC. is the larger business by last-quarter revenue ($54.1M vs $29.2M, roughly 1.9× MANNATECH INC). SOUTH PLAINS FINANCIAL, INC. runs the higher net margin — 26.9% vs 6.6%, a 20.3% gap on every dollar of revenue. Over the past eight quarters, SOUTH PLAINS FINANCIAL, INC.'s revenue compounded faster (5.6% CAGR vs -5.4%).

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.

Ally Financial Inc. is an American bank holding company incorporated in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan. The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.

MTEX vs SPFI — Head-to-Head

Bigger by revenue
SPFI
SPFI
1.9× larger
SPFI
$54.1M
$29.2M
MTEX
Higher net margin
SPFI
SPFI
20.3% more per $
SPFI
26.9%
6.6%
MTEX
Faster 2-yr revenue CAGR
SPFI
SPFI
Annualised
SPFI
5.6%
-5.4%
MTEX

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
MTEX
MTEX
SPFI
SPFI
Revenue
$29.2M
$54.1M
Net Profit
$1.9M
$14.5M
Gross Margin
76.4%
Operating Margin
6.9%
Net Margin
6.6%
26.9%
Revenue YoY
-8.1%
Net Profit YoY
686.6%
18.3%
EPS (diluted)
$1.01

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
MTEX
MTEX
SPFI
SPFI
Q1 26
$54.1M
Q4 25
$53.9M
Q3 25
$29.2M
$54.2M
Q2 25
$54.7M
Q1 25
$26.6M
$49.2M
Q4 24
$29.0M
$51.9M
Q3 24
$31.7M
$47.9M
Q2 24
$27.7M
$48.6M
Net Profit
MTEX
MTEX
SPFI
SPFI
Q1 26
$14.5M
Q4 25
Q3 25
$1.9M
$16.3M
Q2 25
$14.6M
Q1 25
$-1.5M
$12.3M
Q4 24
$2.3M
Q3 24
$-328.0K
$11.2M
Q2 24
$-624.0K
$11.1M
Gross Margin
MTEX
MTEX
SPFI
SPFI
Q1 26
Q4 25
Q3 25
76.4%
Q2 25
Q1 25
74.3%
Q4 24
80.6%
Q3 24
74.5%
Q2 24
77.1%
Operating Margin
MTEX
MTEX
SPFI
SPFI
Q1 26
Q4 25
35.4%
Q3 25
6.9%
38.1%
Q2 25
34.1%
Q1 25
-3.1%
31.9%
Q4 24
3.0%
39.9%
Q3 24
2.8%
29.8%
Q2 24
-4.1%
29.3%
Net Margin
MTEX
MTEX
SPFI
SPFI
Q1 26
26.9%
Q4 25
Q3 25
6.6%
30.1%
Q2 25
26.7%
Q1 25
-5.8%
25.0%
Q4 24
7.8%
Q3 24
-1.0%
23.4%
Q2 24
-2.2%
22.9%
EPS (diluted)
MTEX
MTEX
SPFI
SPFI
Q1 26
Q4 25
$0.90
Q3 25
$1.01
$0.96
Q2 25
$0.86
Q1 25
$-0.80
$0.72
Q4 24
$1.19
$0.96
Q3 24
$-0.17
$0.66
Q2 24
$-0.33
$0.66

Balance Sheet & Financial Strength

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

Metric
MTEX
MTEX
SPFI
SPFI
Cash + ST InvestmentsLiquidity on hand
$7.1M
$722.0M
Total DebtLower is stronger
$2.9M
$3.0K
Stockholders' EquityBook value
$7.0M
$504.9M
Total Assets
$33.9M
$4.6B
Debt / EquityLower = less leverage
0.42×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTEX
MTEX
SPFI
SPFI
Q1 26
$722.0M
Q4 25
$552.4M
Q3 25
$7.1M
$635.0M
Q2 25
$470.5M
Q1 25
$9.3M
$536.3M
Q4 24
$11.4M
$359.1M
Q3 24
$12.2M
$471.2M
Q2 24
$9.2M
$298.0M
Total Debt
MTEX
MTEX
SPFI
SPFI
Q1 26
$3.0K
Q4 25
Q3 25
$2.9M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
MTEX
MTEX
SPFI
SPFI
Q1 26
$504.9M
Q4 25
$493.8M
Q3 25
$7.0M
$477.8M
Q2 25
$454.1M
Q1 25
$7.6M
$443.7M
Q4 24
$8.6M
$438.9M
Q3 24
$10.0M
$443.1M
Q2 24
$8.2M
$418.0M
Total Assets
MTEX
MTEX
SPFI
SPFI
Q1 26
$4.6B
Q4 25
$4.5B
Q3 25
$33.9M
$4.5B
Q2 25
$4.4B
Q1 25
$36.7M
$4.4B
Q4 24
$36.1M
$4.2B
Q3 24
$40.6M
$4.3B
Q2 24
$39.9M
$4.2B
Debt / Equity
MTEX
MTEX
SPFI
SPFI
Q1 26
0.00×
Q4 25
Q3 25
0.42×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
MTEX
MTEX
SPFI
SPFI
Operating Cash FlowLast quarter
$-1.3M
Free Cash FlowOCF − Capex
$-2.0M
FCF MarginFCF / Revenue
-6.8%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
-0.68×
TTM Free Cash FlowTrailing 4 quarters
$-1.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTEX
MTEX
SPFI
SPFI
Q1 26
Q4 25
$77.5M
Q3 25
$-1.3M
$24.2M
Q2 25
$14.7M
Q1 25
$-1.4M
$26.1M
Q4 24
$-219.0K
$59.4M
Q3 24
$3.3M
$17.9M
Q2 24
$-2.7M
$18.2M
Free Cash Flow
MTEX
MTEX
SPFI
SPFI
Q1 26
Q4 25
$71.8M
Q3 25
$-2.0M
$22.5M
Q2 25
$13.0M
Q1 25
$-1.9M
$25.0M
Q4 24
$-325.0K
$56.0M
Q3 24
$3.0M
$17.1M
Q2 24
$-2.7M
$17.1M
FCF Margin
MTEX
MTEX
SPFI
SPFI
Q1 26
Q4 25
133.3%
Q3 25
-6.8%
41.5%
Q2 25
23.8%
Q1 25
-7.0%
50.8%
Q4 24
-1.1%
108.0%
Q3 24
9.5%
35.7%
Q2 24
-9.9%
35.2%
Capex Intensity
MTEX
MTEX
SPFI
SPFI
Q1 26
Q4 25
10.5%
Q3 25
2.4%
3.2%
Q2 25
3.2%
Q1 25
1.8%
2.3%
Q4 24
0.4%
6.5%
Q3 24
0.8%
1.6%
Q2 24
0.3%
2.2%
Cash Conversion
MTEX
MTEX
SPFI
SPFI
Q1 26
Q4 25
Q3 25
-0.68×
1.48×
Q2 25
1.01×
Q1 25
2.12×
Q4 24
-0.10×
Q3 24
1.59×
Q2 24
1.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MTEX
MTEX

Segment breakdown not available.

SPFI
SPFI

Net Interest Income$42.9M79%
Noninterest Income$11.3M21%

Related Comparisons