Filing Flows › Nu Skin Enterprises (NUS) › Q1 2025
Nu Skin Enterprises (NUS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Nu Skin Enterprises (NUS) reported revenue of $364M for the first quarter 2025 (Q1 2025), -13% from a year earlier and -18% from the quarter before. Operating margin was -2.7%, net earnings $108M (29.5% of revenue).
Nu Skin Enterprises, Q1 2025: revenue $364M (-13% year over year), operating margin -2.7%, net earnings $108M, operating cash flow $389K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $364M | -18% | -13% |
| Operating profit | −$9.9M | — | — |
| Net earnings | $108M | — | — |
| Operating cash flow | $389K | -98% | -88% |
What changed
Revenue was $364.5M in Q1 2025, down 13% year over year and down 18% from the previous quarter.
Gross margin was 67.8%, down 2.7 points from a year earlier. Operating costs exceeded revenue by $9.9M, an operating margin of -2.7%. Operating expenses fell 10% while revenue fell 13%. The fastest-growing cost line was Other operating costs (+252%). Net earnings were $107.5M. The effective tax rate was 20.1%. Non-operating items added $144.5M, 107% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $389K (down 88% year over year), 0% of net earnings. Non-cash charges added back $14.2M of depreciation and amortization and $9.3M of share-based compensation. Working capital and other items used $130.6M. Capital expenditures of $13.6M exceeded it, leaving free cash flow of −$13.2M.
Questions
What was Nu Skin Enterprises' revenue in the first quarter 2025?
Nu Skin Enterprises (NUS) reported revenue of $364M for the first quarter 2025 (Q1 2025), -13% from a year earlier and -18% from the quarter before.
Was Nu Skin Enterprises profitable in the first quarter 2025?
Operating loss was $9.9M (-2.7% of revenue) and net earnings $108M.