Filing Flows › Herbalife (HLF) › Q2 2025
Herbalife (HLF) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Herbalife (HLF) reported revenue of $1.3B for the second quarter 2025 (Q2 2025), -2% from a year earlier and +3% from the quarter before. Operating margin was 10.5%, net earnings $49.2M (3.9% of revenue).
Herbalife, Q2 2025: revenue $1.3B (-2% year over year), operating margin 10.5%, net earnings $49.2M, operating cash flow $96.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +3% | -2% |
| Gross profit | $982M | +3% | -2% |
| Operating profit | $133M | +8% | +65% |
| Net earnings | $49.2M | -2% | +947% |
| Operating cash flow | $96.0M | 480× | -6% |
| Free cash flow | $73.2M | — | +11% |
What changed
Revenue was $1.3B in Q2 2025, down 2% year over year and up 3% from the previous quarter.
Gross margin was 78.0%, up 0.1 points from a year earlier. Operating profit was $0.13B, a 10.5% margin (up 4.3 points year over year). Operating expenses fell 7% while revenue fell 2%. Net earnings were $0.05B, up 949% year over year. The effective tax rate was 37.7%.
Operating cash flow was $0.10B (down 6% year over year), 195% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.01B. Capital expenditures of $0.02B left free cash flow of $0.07B.
Questions
What was Herbalife's revenue in the second quarter 2025?
Herbalife (HLF) reported revenue of $1.3B for the second quarter 2025 (Q2 2025), -2% from a year earlier and +3% from the quarter before.
Was Herbalife profitable in the second quarter 2025?
Operating profit was $133M (10.5% of revenue) and net earnings $49.2M.
Source: Herbalife 10-Q on SEC EDGAR.