Filing Flows › Herbalife (HLF) › Q3 2026 › vs Q3 2025
Herbalife (HLF) Q3 2026 vs Q3 2025 (year over year)
Herbalife's revenue rose $76.5M (+6%) from $1.3B in Q3 2025 to $1.4B in Q3 2026. Gross margin 77.3% against 77.7% (-0.4 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 77.3% | 77.7% | -0.4 pts |
| Operating margin | 10.3% | 9.9% | +0.4 pts |
| Net margin | 4.4% | 3.4% | +1.0 pts |
| Free cash flow margin | 9.8% | 9.3% | +0.6 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $76.5M | +6% |
| Gross profit | $1.0B | $990M | $54.6M | +6% |
| Cost of revenue | $306M | $284M | $21.9M | +8% |
| Operating profit | $138M | $126M | $12.7M | +10% |
| Operating expenses | $906M | $864M | $41.9M | +5% |
| Pre-tax earnings | $107M | $74.8M | $31.8M | +43% |
| Other expense, net | $31.9M | $51.0M | −$19.1M | -37% |
| Loss borne by minority interests | $1.7M | $100K | $1.6M | 17× |
| Net earnings | $58.8M | $43.2M | $15.6M | +36% |
| Income tax | $49.5M | $31.7M | $17.8M | +56% |
| Depreciation & amortization | $30.5M | $30.7M | −$200K | -0.7% |
| Share-based compensation | $8.7M | $11.2M | −$2.5M | -22% |
| Working capital & other | $53.3M | $53.7M | −$400K | -0.7% |
| Operating cash flow | $151M | $139M | $12.5M | +9% |
| Free cash flow (OCF − capex) | $133M | $118M | $14.8M | +13% |
| Capital expenditures | $18.5M | $20.8M | −$2.3M | -11% |
Questions
How much did Herbalife's revenue grow year over year in Q3 2026?
Herbalife's revenue rose $76.5M (+6%) from $1.3B in Q3 2025 to $1.4B in Q3 2026. Gross margin 77.3% against 77.7% (-0.4 pts).