Filing Flows › Mannatech (MTEX) › Q1 2026 › vs Q1 2025
Mannatech (MTEX) Q1 2026 vs Q1 2025 (year over year)
Mannatech's revenue fell $1.6M (-6%) from $26.6M in Q1 2025 to $24.9M in Q1 2026. The biggest changes: Product −$1.6M (-6%); Product and Service, Other −$100K (-25%); Associate Service Fees +$0 (0%).
Mannatech, Q1 2026: revenue $24.9M (-6% year over year), operating margin -0.7%, net earnings $950K, operating cash flow $1.1M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 4.0% | -7.0% | +11.0 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Product | $24.5M | $26.1M | −$1.6M | -6% |
| Product and Service, Other | $300K | $400K | −$100K | -25% |
| Associate Service Fees | $100K | $100K | $0 | 0% |
| Revenue | $24.9M | $26.6M | −$1.6M | -6% |
| Other income, net | $1.3M | −$491K | $1.8M | — |
| Costs & expenses | $26.2M | $28.1M | −$1.9M | -7% |
| Operating costs | $25.1M | $27.4M | −$2.3M | -8% |
| Income tax | $161K | $206K | −$45K | -22% |
| Net earnings | $950K | −$1.5M | $2.5M | — |
| Cost of revenue | $6.1M | $6.8M | −$771K | -11% |
| SG&A | $9.3M | $10.0M | −$734K | -7% |
| Other operating costs | $9.8M | $10.6M | −$794K | -8% |
| Operating cash sources | $1.5M | −$974K | $2.5M | — |
| Depreciation & amortization | $261K | $293K | −$32K | -11% |
| Share-based compensation | $274K | $263K | $11K | +4% |
| Working capital & other | $359K | $394K | −$35K | -9% |
| Operating cash flow | $1.1M | −$1.4M | $2.5M | — |
| Free cash flow (OCF − capex) | $997K | −$1.9M | $2.9M | — |
| Capital expenditures | $129K | $489K | −$360K | -74% |
Questions
How much did Mannatech's revenue grow year over year in Q1 2026?
Mannatech's revenue fell $1.6M (-6%) from $26.6M in Q1 2025 to $24.9M in Q1 2026.
What drove Mannatech's revenue change in Q1 2026?
Product −$1.6M (-6%); Product and Service, Other −$100K (-25%); Associate Service Fees +$0 (0%).