vs

Side-by-side financial comparison of MANNATECH INC (MTEX) and WESTWOOD HOLDINGS GROUP INC (WHG). Click either name above to swap in a different company.

MANNATECH INC is the larger business by last-quarter revenue ($29.2M vs $25.0M, roughly 1.2× WESTWOOD HOLDINGS GROUP INC). MANNATECH INC runs the higher net margin — 6.6% vs 3.1%, a 3.5% gap on every dollar of revenue. On growth, WESTWOOD HOLDINGS GROUP INC posted the faster year-over-year revenue change (7.4% vs -8.1%). Over the past eight quarters, WESTWOOD HOLDINGS GROUP INC's revenue compounded faster (4.9% 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.

Westwood Studios, Inc. was an American video game developer based in Las Vegas, Nevada. It was founded by Brett Sperry and Louis Castle in 1985 as Brelous Software, but got changed after 2 months into Westwood Associates and was renamed to Westwood Studios when Virgin Games bought the company in 1992. The company was bought by Electronic Arts alongside Virgin Interactive's North American operations in 1998. In January 2003, it was announced that Westwood, alongside Westwood Pacific, would be ...

MTEX vs WHG — Head-to-Head

Bigger by revenue
MTEX
MTEX
1.2× larger
MTEX
$29.2M
$25.0M
WHG
Growing faster (revenue YoY)
WHG
WHG
+15.5% gap
WHG
7.4%
-8.1%
MTEX
Higher net margin
MTEX
MTEX
3.5% more per $
MTEX
6.6%
3.1%
WHG
Faster 2-yr revenue CAGR
WHG
WHG
Annualised
WHG
4.9%
-5.4%
MTEX

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
MTEX
MTEX
WHG
WHG
Revenue
$29.2M
$25.0M
Net Profit
$1.9M
$782.0K
Gross Margin
76.4%
Operating Margin
6.9%
Net Margin
6.6%
3.1%
Revenue YoY
-8.1%
7.4%
Net Profit YoY
686.6%
EPS (diluted)
$1.01
$0.09

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
WHG
WHG
Q1 26
$25.0M
Q4 25
$27.1M
Q3 25
$29.2M
$24.3M
Q2 25
$23.1M
Q1 25
$26.6M
$23.3M
Q4 24
$29.0M
$46.5M
Q3 24
$31.7M
$23.7M
Q2 24
$27.7M
$22.7M
Net Profit
MTEX
MTEX
WHG
WHG
Q1 26
$782.0K
Q4 25
$1.8M
Q3 25
$1.9M
$3.7M
Q2 25
$1.0M
Q1 25
$-1.5M
$478.0K
Q4 24
$2.3M
$3.7M
Q3 24
$-328.0K
$-1.2M
Q2 24
$-624.0K
$-378.0K
Gross Margin
MTEX
MTEX
WHG
WHG
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
WHG
WHG
Q1 26
Q4 25
8.0%
Q3 25
6.9%
8.3%
Q2 25
3.8%
Q1 25
-3.1%
-0.3%
Q4 24
3.0%
10.0%
Q3 24
2.8%
-2.1%
Q2 24
-4.1%
-18.4%
Net Margin
MTEX
MTEX
WHG
WHG
Q1 26
3.1%
Q4 25
6.8%
Q3 25
6.6%
15.4%
Q2 25
4.5%
Q1 25
-5.8%
2.1%
Q4 24
7.8%
14.5%
Q3 24
-1.0%
-5.0%
Q2 24
-2.2%
-1.7%
EPS (diluted)
MTEX
MTEX
WHG
WHG
Q1 26
$0.09
Q4 25
$0.21
Q3 25
$1.01
$0.41
Q2 25
$0.12
Q1 25
$-0.80
$0.05
Q4 24
$1.19
$0.45
Q3 24
$-0.17
$-0.15
Q2 24
$-0.33
$-0.05

Balance Sheet & Financial Strength

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

Metric
MTEX
MTEX
WHG
WHG
Cash + ST InvestmentsLiquidity on hand
$7.1M
$23.4M
Total DebtLower is stronger
$2.9M
Stockholders' EquityBook value
$7.0M
$126.1M
Total Assets
$33.9M
$150.4M
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTEX
MTEX
WHG
WHG
Q1 26
$23.4M
Q4 25
$47.7M
Q3 25
$7.1M
$41.3M
Q2 25
$35.2M
Q1 25
$9.3M
$29.1M
Q4 24
$11.4M
$46.5M
Q3 24
$12.2M
$48.3M
Q2 24
$9.2M
$44.1M
Total Debt
MTEX
MTEX
WHG
WHG
Q1 26
Q4 25
Q3 25
$2.9M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
MTEX
MTEX
WHG
WHG
Q1 26
$126.1M
Q4 25
$125.6M
Q3 25
$7.0M
$123.9M
Q2 25
$122.4M
Q1 25
$7.6M
$121.4M
Q4 24
$8.6M
$120.3M
Q3 24
$10.0M
$120.4M
Q2 24
$8.2M
$120.5M
Total Assets
MTEX
MTEX
WHG
WHG
Q1 26
$150.4M
Q4 25
$162.3M
Q3 25
$33.9M
$154.0M
Q2 25
$146.3M
Q1 25
$36.7M
$135.0M
Q4 24
$36.1M
$150.0M
Q3 24
$40.6M
$151.5M
Q2 24
$39.9M
$147.4M
Debt / Equity
MTEX
MTEX
WHG
WHG
Q1 26
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
WHG
WHG
Operating Cash FlowLast quarter
$-1.3M
$-2.6M
Free Cash FlowOCF − Capex
$-2.0M
FCF MarginFCF / Revenue
-6.8%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
-0.68×
-3.28×
TTM Free Cash FlowTrailing 4 quarters
$-1.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTEX
MTEX
WHG
WHG
Q1 26
$-2.6M
Q4 25
$18.9M
Q3 25
$-1.3M
$8.5M
Q2 25
$7.3M
Q1 25
$-1.4M
$-4.9M
Q4 24
$-219.0K
$21.1M
Q3 24
$3.3M
$529.0K
Q2 24
$-2.7M
$3.6M
Free Cash Flow
MTEX
MTEX
WHG
WHG
Q1 26
Q4 25
$18.8M
Q3 25
$-2.0M
$8.5M
Q2 25
Q1 25
$-1.9M
$-4.9M
Q4 24
$-325.0K
$21.0M
Q3 24
$3.0M
$519.0K
Q2 24
$-2.7M
$3.5M
FCF Margin
MTEX
MTEX
WHG
WHG
Q1 26
Q4 25
69.5%
Q3 25
-6.8%
34.8%
Q2 25
Q1 25
-7.0%
-21.1%
Q4 24
-1.1%
45.2%
Q3 24
9.5%
2.2%
Q2 24
-9.9%
15.6%
Capex Intensity
MTEX
MTEX
WHG
WHG
Q1 26
Q4 25
0.3%
Q3 25
2.4%
0.3%
Q2 25
0.0%
Q1 25
1.8%
0.0%
Q4 24
0.4%
0.2%
Q3 24
0.8%
0.0%
Q2 24
0.3%
0.1%
Cash Conversion
MTEX
MTEX
WHG
WHG
Q1 26
-3.28×
Q4 25
10.29×
Q3 25
-0.68×
2.29×
Q2 25
7.08×
Q1 25
-10.25×
Q4 24
-0.10×
5.69×
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MTEX
MTEX

Segment breakdown not available.

WHG
WHG

Asset-based$19.3M77%
Trust fees$5.3M21%

Related Comparisons