Filing Flows › Mannatech (MTEX) › Q4 2025
Mannatech (MTEX) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Apr 15, 2026
Mannatech (MTEX) reported revenue of $26.6M for the fourth quarter 2025 (Q4 2025), -8% from a year earlier and -9% from the quarter before. Operating margin was -0.6%, net loss $11.3M (42.4% of revenue).
Mannatech, Q4 2025: revenue $26.6M (-8% year over year), operating margin -0.6%, net loss $11.3M, operating cash flow −$289K. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $26.6M | -9% | -8% |
| Operating profit | −$157K | -108% | -118% |
| Net earnings | −$11.3M | -687% | -599% |
| Operating cash flow | −$289K | -112% | — |
What changed
Revenue was $26.6M in Q4 2025, down 8% year over year and down 9% from the previous quarter. Product was the largest line at 98% of revenue.
Gross margin was 75.3%, down 5.3 points from Q4 2024. Operating costs exceeded revenue by $157K, an operating margin of -0.6%. Operating expenses fell 10% while revenue fell 8%. The quarter ended with a net loss of $11.3M, after a profit of $1.9M the previous quarter. Non-operating items added $367K, 175% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$289K. Non-cash charges added back $260K of depreciation and amortization and $32K of share-based compensation. Working capital and other items added $10.7M. Capital expenditures of $174K exceeded it, leaving free cash flow of −$463K.
Questions
What was Mannatech's revenue in the fourth quarter 2025?
Mannatech (MTEX) reported revenue of $26.6M for the fourth quarter 2025 (Q4 2025), -8% from a year earlier and -9% from the quarter before.
Was Mannatech profitable in the fourth quarter 2025?
Operating loss was $157K (-0.6% of revenue) and net loss $11.3M.
Source: Mannatech 10-K on SEC EDGAR.