Mannatech Incorporated announced its financial results for the third quarter of 2025. Asia-Pacific continued to be the strongest region for the company, posting $18.8 million in net sales and representing 64.4% of the company’s total third quarter net sales. The Americas followed with $7.9 million in net sales.
Overall net sales during the quarter fell 8.1% to $29.2 million, down from $31.7 million in the third quarter of 2024, which the company attributes to slowing demand in certain regions. Sales during the quarter were still higher than the first two quarters of 2025. Gross profit as a percentage of net sales improved to 76.4%, compared to 74.5% in the same period last year, driven by higher sales prices, the timing of sales promotions and lower inventory reserve additions.
Income from operations during the quarter was $2 million, up from $0.9 million in Q3 2024. Net income was $1.9 million, or $1.01 per diluted share, compared to a net loss of $0.3 million and $0.17 per diluted share in the previous year’s quarter. New and continuing independent associate and preferred customer positions was 119,000, down from 136,000 in the third quarter of 2024. Recruitment of these positions fell 21.9% year-over-year.
The company ended the quarter with cash and cash equivalents of $7.1 million, a 37.3% decrease from $11.4 million at the end of 2024.
