Filing Flows › Natural Health Trends (NHTC) › Q3 2025
Natural Health Trends (NHTC) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Natural Health Trends (NHTC) reported revenue of $9.5M for the third quarter 2025 (Q3 2025), -11% from a year earlier and -3% from the quarter before. Operating margin was -5.2%, net loss $431K (4.5% of revenue).
Natural Health Trends, Q3 2025: revenue $9.5M (-11% year over year), operating margin -5.2%, net loss $431K, operating cash flow $113K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.5M | -3% | -11% |
| Operating profit | −$495K | — | — |
| Net earnings | −$431K | -2973% | — |
| Operating cash flow | $113K | — | — |
| Free cash flow | $70K | — | — |
What changed
Revenue was $9.5M in Q3 2025, down 11% year over year and down 3% from the previous quarter.
Gross margin was 73.7%, down 0.4 points from a year earlier. Operating costs exceeded revenue by $495K, an operating margin of -5.2%. Operating expenses fell 9% while revenue fell 11%. The quarter ended with a net loss of $431K, after a profit of $15K the previous quarter. Non-operating items added $206K, -71% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $113K. Non-cash charges added back $28K of depreciation and amortization and $35K of share-based compensation. Working capital and other items added $481K. Capital expenditures of $43K left free cash flow of $70K.
Questions
What was Natural Health Trends' revenue in the third quarter 2025?
Natural Health Trends (NHTC) reported revenue of $9.5M for the third quarter 2025 (Q3 2025), -11% from a year earlier and -3% from the quarter before.
Was Natural Health Trends profitable in the third quarter 2025?
Operating loss was $495K (-5.2% of revenue) and net loss $431K.