Filing Flows › Mannatech (MTEX) › Q2 2026 › vs Q2 2025
Mannatech (MTEX) Q2 2026 vs Q2 2025 (year over year)
Mannatech's revenue rose $971K (+4%) from $25.7M in Q2 2025 to $26.6M in Q2 2026. The biggest changes: Product +$1.0M (+4%); Product and Service, Other +$0 (0%); Associate Service Fees +$0 (0%). Gross margin 76.9% against 73.6% (+3.3 pts).
Mannatech, Q2 2026: revenue $26.6M (+4% year over year), operating margin 3.7%, net earnings $1.0M, operating cash flow −$792K. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 76.9% | 73.6% | +3.3 pts |
| Operating margin | 3.7% | -5.6% | +9.4 pts |
| Net margin | 3.8% | -16.8% | +20.6 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Product | $26.2M | $25.2M | $1.0M | +4% |
| Product and Service, Other | $400K | $400K | $0 | 0% |
| Associate Service Fees | $100K | $100K | $0 | 0% |
| Revenue | $26.6M | $25.7M | $971K | +4% |
| Gross profit | $20.5M | $18.9M | $1.6M | +8% |
| Cost of revenue | $6.2M | $6.8M | −$614K | -9% |
| Other income, net | $167K | −$2.8M | $3.0M | — |
| Operating profit | $998K | −$1.4M | $2.4M | — |
| Operating expenses | $19.5M | $20.3M | −$856K | -4% |
| Pre-tax earnings | $1.2M | −$4.3M | $5.5M | — |
| SG&A | $9.0M | $10.8M | −$1.8M | -17% |
| Other operating costs | $10.5M | $9.6M | $945K | +10% |
| Net earnings | $1.0M | −$4.3M | $5.3M | — |
| Income tax | $150K | $23K | $127K | +552% |
| Operating cash sources | $2.1M | −$158K | $2.3M | — |
| Depreciation & amortization | $259K | $278K | −$19K | -7% |
| Share-based compensation | $54K | $158K | −$104K | -66% |
| Cash used in operations | $792K | $3.7M | −$2.9M | -79% |
| Working capital & other | $2.1M | −$158K | $2.3M | — |
Questions
How much did Mannatech's revenue grow year over year in Q2 2026?
Mannatech's revenue rose $971K (+4%) from $25.7M in Q2 2025 to $26.6M in Q2 2026.
What drove Mannatech's revenue change in Q2 2026?
Product +$1.0M (+4%); Product and Service, Other +$0 (0%); Associate Service Fees +$0 (0%).