Filing Flows › Herbalife (HLF) › Q4 2025
Herbalife (HLF) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 18, 2026
Herbalife (HLF) reported revenue of $1.3B for the fourth quarter 2025 (Q4 2025), +6% from a year earlier and +0.7% from the quarter before. Operating margin was 7.8%, net earnings $85.1M (6.6% of revenue).
Herbalife, Q4 2025: revenue $1.3B (+6% year over year), operating margin 7.8%, net earnings $85.1M, operating cash flow $98.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +0.7% | +6% |
| Gross profit | $995M | +0.5% | +6% |
| Operating profit | $99.8M | -21% | -6% |
| Net earnings | $85.1M | +97% | -52% |
| Operating cash flow | $98.3M | -29% | +41% |
| Free cash flow | $79.8M | -32% | +82% |
What changed
Revenue was $1.3B in Q4 2025, up 6% year over year and up 1% from the previous quarter.
Gross margin was 77.5%, down 0.3 points from a year earlier. Operating profit was $0.10B, a 7.8% margin (down 1.0 points year over year). Operating profit fell $0.01B even though revenue rose $0.08B versus a year earlier, so costs grew faster than sales. Operating expenses grew 7% against revenue growth of 6%. Net earnings were $0.09B, down 52% year over year. The effective tax rate was -68.5%.
Operating cash flow was $0.10B (up 41% year over year), 116% 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 used $0.03B. Capital expenditures of $0.02B left free cash flow of $0.08B.
Questions
What was Herbalife's revenue in the fourth quarter 2025?
Herbalife (HLF) reported revenue of $1.3B for the fourth quarter 2025 (Q4 2025), +6% from a year earlier and +0.7% from the quarter before.
Was Herbalife profitable in the fourth quarter 2025?
Operating profit was $99.8M (7.8% of revenue) and net earnings $85.1M.
Source: Herbalife 10-K on SEC EDGAR.