Filing Flows › Natural Health Trends (NHTC) › Q2 2025
Natural Health Trends (NHTC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 30, 2025
Natural Health Trends (NHTC) reported revenue of $9.8M for the second quarter 2025 (Q2 2025), -6% from a year earlier and -9% from the quarter before. Operating margin was -3.4%, net earnings $15K (0.2% of revenue).
Natural Health Trends, Q2 2025: revenue $9.8M (-6% year over year), operating margin -3.4%, net earnings $15K, operating cash flow −$5.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.8M | -9% | -6% |
| Operating profit | −$333K | — | — |
| Net earnings | $15K | -88% | — |
| Operating cash flow | −$5.6M | -1264% | — |
What changed
Revenue was $9.8M in Q2 2025, down 6% year over year and down 9% from the previous quarter.
Gross margin was 73.9%, down 0.3 points from a year earlier. Operating costs exceeded revenue by $333K, an operating margin of -3.4%. Operating expenses fell 5% while revenue fell 6%. Net earnings were $15K, down 91% year over year. The effective tax rate was 0.0%. Non-operating items added $348K, 2320% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$5.6M. Non-cash charges added back $29K of depreciation and amortization and $34K of share-based compensation. Working capital and other items used $5.7M. Capital expenditures of $4K exceeded it, leaving free cash flow of −$5.6M.
Questions
What was Natural Health Trends' revenue in the second quarter 2025?
Natural Health Trends (NHTC) reported revenue of $9.8M for the second quarter 2025 (Q2 2025), -6% from a year earlier and -9% from the quarter before.
Was Natural Health Trends profitable in the second quarter 2025?
Operating loss was $333K (-3.4% of revenue) and net earnings $15K.