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Mannatech (MTEX) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 12, 2026

Mannatech (MTEX) reported revenue of $26.6M for the second quarter 2026 (Q2 2026), +4% from a year earlier and +7% from the quarter before. Operating margin was 3.7%, net earnings $1.0M (3.8% of revenue).

Revenue$26.6M
Year over year+4%
Quarter over quarter+7%
Operating margin3.7%
Net earnings$1.0M

Mannatech, Q2 2026: revenue $26.6M (+4% year over year), operating margin 3.7%, net earnings $1.0M, operating cash flow −$792K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$26.6M+7%+4%
Gross profit$20.5M+9%+8%
Operating profit$998K——
Net earnings$1.0M+7%—
Operating cash flow−$792K-170%—

What changed

Revenue was $26.6M in Q2 2026, up 4% year over year and up 7% from the previous quarter. Product was the largest line at 98% of revenue. Product added $1.0M year over year (up 4%), 103% of the total change.

Gross margin was 76.9%, up 3.3 points from Q2 2025. Operating profit was $1.0M, a 3.7% margin (up 9.4 points year over year). Operating expenses fell 4% while revenue rose 4%. Net earnings were $1.0M. The effective tax rate was 12.9%.

Operating cash flow was −$792K. Non-cash charges added back $259K of depreciation and amortization and $54K of share-based compensation. Working capital and other items used $2.1M. Capital expenditures of $10K exceeded it, leaving free cash flow of −$802K.

Questions

What was Mannatech's revenue in the second quarter 2026?

Mannatech (MTEX) reported revenue of $26.6M for the second quarter 2026 (Q2 2026), +4% from a year earlier and +7% from the quarter before.

Was Mannatech profitable in the second quarter 2026?

Operating profit was $998K (3.7% of revenue) and net earnings $1.0M.

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Source: Mannatech 10-Q on SEC EDGAR.