Earnings ·
Mannatech reports Q2 net income of $1.0 million, or $0.53 per diluted share, as sales rise 5.1% to $26.7 million
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.