Filing Flows › Mannatech (MTEX) › Q3 2025
Mannatech (MTEX) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
Mannatech (MTEX) reported revenue of $29.2M for the third quarter 2025 (Q3 2025), -8% from a year earlier and +14% from the quarter before. Operating margin was 6.9%, net earnings $1.9M (6.6% of revenue).
Mannatech, Q3 2025: revenue $29.2M (-8% year over year), operating margin 6.9%, net earnings $1.9M, operating cash flow $2.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $29.2M | +14% | -8% |
| Gross profit | $22.3M | +18% | -6% |
| Operating profit | $2.0M | — | +126% |
| Net earnings | $1.9M | — | — |
| Operating cash flow | $2.4M | — | -26% |
| Free cash flow | $1.9M | — | -38% |
What changed
Revenue was $29.2M in Q3 2025, down 8% year over year and up 14% from the previous quarter. Product was the largest line at 98% of revenue. Product lost $2.6M year over year (down 8%), 101% of the total change.
Gross margin was 76.4%, up 1.9 points from a year earlier. Operating profit was $2.0M, a 6.9% margin (up 4.1 points year over year). Operating expenses fell 11% while revenue fell 8%. Net earnings were $1.9M. The effective tax rate was 23.5%. Non-operating items added $507K, 20% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $2.4M (down 26% year over year), 125% of net earnings. Non-cash charges added back $261K of depreciation and amortization. Working capital and other items added $227K. Capital expenditures of $548K left free cash flow of $1.9M.
Questions
What was Mannatech's revenue in the third quarter 2025?
Mannatech (MTEX) reported revenue of $29.2M for the third quarter 2025 (Q3 2025), -8% from a year earlier and +14% from the quarter before.
Was Mannatech profitable in the third quarter 2025?
Operating profit was $2.0M (6.9% of revenue) and net earnings $1.9M.
Source: Mannatech 10-Q on SEC EDGAR.