Filing Flows › Herbalife (HLF) › Q3 2026 › vs Q2 2026
Herbalife (HLF) Q3 2026 vs Q2 2026 (quarter over quarter)
Herbalife's revenue rose $23.4M (+2%) from $1.3B in Q2 2026 to $1.4B in Q3 2026. Gross margin 77.3% against 77.7% (-0.3 pts).
Herbalife, Q3 2026: revenue $1.4B (+6% year over year), operating margin 10.3%, net earnings $58.8M, operating cash flow $151M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 77.3% | 77.7% | -0.3 pts |
| Operating margin | 10.3% | 9.7% | +0.6 pts |
| Net margin | 4.4% | -2.0% | +6.3 pts |
| Free cash flow margin | 9.8% | 1.6% | +8.2 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $23.4M | +2% |
| Gross profit | $1.0B | $1.0B | $13.6M | +1% |
| Cost of revenue | $306M | $296M | $9.8M | +3% |
| Operating profit | $138M | $128M | $10.2M | +8% |
| Operating expenses | $906M | $902M | $3.4M | +0.4% |
| Pre-tax earnings | $107M | −$3.7M | $110M | — |
| Other expense, net | $31.9M | $132M | −$100M | -76% |
| Sales & marketing | $474M | $466M | $7.5M | +2% |
| General & admin | $432M | $436M | −$4.1M | -0.9% |
| Loss borne by minority interests | $1.7M | $200K | $1.5M | +750% |
| Net earnings | $58.8M | −$26.3M | $85.1M | — |
| Income tax | $49.5M | $22.8M | $26.7M | +117% |
| Depreciation & amortization | $30.5M | $31.4M | −$900K | -3% |
| Share-based compensation | $8.7M | $10.1M | −$1.4M | -14% |
| Working capital & other | $53.3M | $17.7M | $35.6M | +201% |
| Operating cash flow | $151M | $32.9M | $118M | +360% |
| Free cash flow (OCF − capex) | $133M | $21.6M | $111M | +515% |
| Capital expenditures | $18.5M | $11.3M | $7.2M | +64% |
Questions
How much did Herbalife's revenue grow quarter over quarter in Q3 2026?
Herbalife's revenue rose $23.4M (+2%) from $1.3B in Q2 2026 to $1.4B in Q3 2026. Gross margin 77.3% against 77.7% (-0.3 pts).