Earnings ·
Mannatech, Incorporated reported financial results for the second quarter ended June 30, 2026
MTEXMannatech Inc
Mannatech, Incorporated reported financial results for the second quarter ended June 30, 2026. Net sales increased to $26.7 million from $25.7 million in the prior year period, with constant dollar sales rising 5.1%. Gross profit margin expanded to 76.9% from 73.6%, while selling and administrative expenses decreased by 16.7% to $9.0 million. The company returned to profitability with net income of $1.0 million, or $0.53 per diluted share, compared to a net loss of $4.3 million in the same period last year. Operating cash reserves stood at $6.0 million as of June 30, 2026. The company operates in the global health and wellness industry, distributing products through a network marketing model.