MANNATECH INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $108.0M | $117.9M | $132.0M | $137.2M | $159.8M |
| Cost of revenue | $27.1M | $26.4M | $29.1M | $33.1M | $34.1M |
| Gross profit | $81.0M | $91.5M | $102.9M | $104.1M | $125.6M |
| Selling, general & administrative | $39.7M | $41.7M | — | — | — |
| Research and development | $800,000 | $700,000 | $800,000 | $1.0M | $1.2M |
| Operating expenses | $81.4M | $90.0M | $103.8M | $104.6M | $116.6M |
| Operating income | -$426,000 | $1.4M | -$964,000 | -$405,000 | $9.0M |
| Interest expense | $406,000 | $279,000 | — | — | — |
| Pretax income | -$2.9M | $3.7M | -$1.1M | -$479,000 | $8.9M |
| Income tax expense | $12.3M | $1.2M | $1.1M | $4.0M | -$950,000 |
| Net income | -$15.2M | $2.5M | -$2.2M | -$4.5M | $9.8M |
| Balance Sheet | |||||
| Cash and equivalents | $6.2M | $11.4M | $7.7M | $13.8M | $24.2M |
| Current assets | $20.6M | $26.1M | $27.7M | $35.0M | $42.8M |
| Total assets | $30.0M | $36.1M | $41.2M | $49.1M | $59.6M |
| Current liabilities | $18.7M | $20.9M | $25.8M | $29.8M | $30.1M |
| Total liabilities | $35.2M | $27.4M | $30.7M | $35.0M | $35.2M |
| Total debt | — | $3.0M | — | — | — |
| Stockholders' equity | -$5.2M | $8.6M | $10.5M | $14.2M | $24.4M |
| Cash Flow Statement | |||||
| Cash from operations | -$3.0M | $2.3M | -$2.4M | -$2.6M | $10.8M |
| Depreciation and amortization | $1.1M | $1.5M | $1.6M | $1.6M | $1.7M |
| Stock-based compensation | $379,000 | $291,000 | $278,000 | $337,000 | $260,000 |
| Capital expenditure | $1.4M | $297,000 | $748,000 | $1.1M | $650,000 |
| Free cash flow | -$4.3M | $2.0M | -$3.1M | -$3.7M | $10.1M |
| Dividends paid | $0 | $0 | $748,000 | $1.5M | $4.3M |
| Share repurchases | — | $0 | $176,000 | $2.0M | $5.1M |
Shares outstanding 1.9M · Free float 57.5%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.