Natural Health Trends Corp. (NHTC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2026, filed Apr 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the NHTC SEC filings page.
Natural Health Trends Corp. (NHTC) reported $38.2M in revenue over the twelve months to Mar 31, 2026, down 10.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Stable gross margins cannot offset shrinking sales and overhead, leaving a dividend-paying business with persistent operating cash deficits.
Revenue contracted34.0% across the reported period while gross margin stayed near74.0% . Operating margin shifted from2.6% to-4.6% , indicating that deterioration sits below direct product costs, where the smaller gross-profit base no longer absorbs operating expenses.
The latest year produced operating cash flow of
The company paid
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Natural Health Trends Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Natural Health Trends Corp. has an operating margin of -4.5%, meaning the company loses $5 on every $100 of revenue. This results in a profitability score of 26/100. This is down from -3.0% the prior year.
Natural Health Trends Corp.'s revenue declined 7.4% year-over-year, from $43.0M to $39.8M. This contraction results in a growth score of 17/100.
Natural Health Trends Corp. has a moderate D/E ratio of 0.64. This balance of debt and equity financing earns a leverage score of 56/100.
With a current ratio of 2.50, Natural Health Trends Corp. holds $2.50 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 71/100.
Natural Health Trends Corp.'s operations used $6.0M of cash, and capex of $68K added to the outflow, for a free cash flow shortfall of $6.1M. This results in a cash flow score of 11/100.
Natural Health Trends Corp. posts a -3.8% return on equity (ROE), meaning it loses $4 for every $100 of shareholders' equity. This results in a returns score of 24/100. This is down from 1.7% the prior year.
Natural Health Trends Corp. scores 0.73, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($13.5M) relative to total liabilities ($15.0M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Natural Health Trends Corp. passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). No profitability signals pass, all 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Natural Health Trends Corp. reported a net loss of $882K while operations used $6.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Natural Health Trends Corp. generated $9.2M in revenue in Q1 2026. This represents a decrease of 14.3% from the same quarter a year earlier. Against the prior quarter it is down 5.6%.
Natural Health Trends Corp.'s EBITDA was -$463K in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 47.0% from the same quarter a year earlier. Against the prior quarter it is up 24.5%.
Natural Health Trends Corp. reported -$154K in net income in Q1 2026. This represents a decrease of 226.2% from the same quarter a year earlier. Against the prior quarter it is up 73.8%.
Cash & Balance Sheet
Natural Health Trends Corp. recorded an outflow of $912K in free cash flow in Q1 2026, representing a cash shortfall after capex. This represents a decrease of 294.9% from the same quarter a year earlier. Against the prior quarter it is up 5.4%.
Natural Health Trends Corp. held $9.2M in cash as of Q1 2026; long-term debt is not reported for that period.
Natural Health Trends Corp. paid $0.10 per share in dividends in Q1 2026.
Margins & Returns
Natural Health Trends Corp.'s gross margin was 75.0% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is up 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.1 percentage points.
Natural Health Trends Corp.'s operating margin was -5.1% in Q1 2026, reflecting core business profitability. This is down 1.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.4 percentage points.
Natural Health Trends Corp.'s net profit margin was -1.7% in Q1 2026, showing the share of revenue converted to profit. This is down 2.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.4 percentage points.
Natural Health Trends Corp.'s ROE was -0.9% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is down 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.6 percentage points.
Capital Allocation
Natural Health Trends Corp. spent $5.9M on share buybacks in Q1 2026, returning capital to shareholders by reducing shares outstanding.
Natural Health Trends Corp. invested $115K in capex in Q1 2026, funding long-term assets and infrastructure. This represents an increase of 618.8% from the same quarter a year earlier. Against the prior quarter it is up 2200.0%.
Not reported for Q1 2026.
NHTC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.2M-14.3% | $9.7M-10.1% | $9.5M-11.4% | $9.8M-6.3% | $10.7M-2.0% | $10.8M-0.8% | $10.7M+0.7% | $10.5M-0.3% |
| Cost of Revenue | $2.3M-18.7% | $2.6M-5.7% | $2.5M-9.9% | $2.6M-5.2% | $2.8M-2.7% | $2.8M+0.5% | $2.8M+2.8% | $2.7M+1.2% |
| Gross Profit | $6.9M-12.7% | $7.1M-11.7% | $7.0M-11.8% | $7.3M-6.7% | $7.9M-1.7% | $8.0M-1.3% | $7.9M0.0% | $7.8M-0.9% |
| SG&A Expenses | $3.5M-6.3% | $3.8M-2.6% | $3.6M-6.8% | $3.6M-6.2% | $3.8M-4.0% | $3.9M+2.1% | $3.9M+0.3% | $3.8M-6.6% |
| Operating Income | -$474K-37.4% | -$635K-50.8% | -$495K-80.0% | -$333K-39.9% | -$345K+5.5% | -$421K-74.0% | -$275K+5.8% | -$238K+68.0% |
| EBITDA | -$463K-47.0% | -$613K-57.2% | -$467K-91.4% | -$304K-49.0% | -$315K+4.5% | -$390K-87.5% | -$244K+3.6% | -$204K+70.8% |
| Income Tax | -$25K-1150.0% | $175K+187.1% | $142K+8.4% | $0-100.0% | -$2K-120.0% | -$201K-286.1% | $131K+8.3% | $108K+231.7% |
| Net Income | -$154K-226.2% | -$588K-434.1% | -$431K-1331.4% | $15K-91.3% | $122K-35.1% | $176K-50.8% | $35K-79.7% | $173K+179.0% |
| EPS (Basic) | -$0.02-300.0% | -$0.05-350.0% | -$0.04 | $0.00-100.0% | $0.01-50.0% | $0.02-33.3% | $0.00-100.0% | $0.02+200.0% |
| EPS (Diluted) | -$0.02 | -$0.05-350.0% | -$0.04 | $0.00-100.0% | $0.01-50.0% | $0.02-33.3% | $0.00-100.0% | $0.02+200.0% |
| Diluted Shares (Avg) | 10M | N/A | 12M+0.1% | 11M+0.1% | 11M+0.1% | N/A | 11M+0.3% | 11M+0.4% |
Not reported in any period shown, so not listed: R&D Expenses, Interest Expense.
NHTC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $31.9M-39.9% | $38.4M-30.6% | $42.3M-27.5% | $45.2M-26.6% | $53.2M-21.4% | $55.4M-19.9% | $58.3M-18.8% | $61.5M-17.8% |
| Current Assets | $26.5M-45.6% | $34.2M-32.9% | $37.9M-29.6% | $40.9M-28.2% | $48.8M-22.2% | $51.0M-20.6% | $53.8M-19.6% | $56.9M-18.7% |
| Cash & Equivalents | $9.2M-57.5% | $6.8M-49.7% | $14.3M-37.4% | $10.5M-32.4% | $21.7M-16.0% | $13.5M-75.9% | $22.9M-60.8% | $15.6M-74.7% |
| Short-Term Investments | $12.0M-40.6% | $22.1M-27.5% | $17.7M-24.6% | $23.7M-28.3% | $20.2M-29.4% | $30.4M | $23.4M | $33.1M |
| Inventory | $2.0M-30.0% | $2.0M-37.4% | $2.2M-41.5% | $2.8M-34.8% | $2.8M-42.5% | $3.3M-23.8% | $3.7M-24.5% | $4.3M-9.9% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $15.5M-30.5% | $15.0M-33.3% | $16.1M-29.9% | $16.3M-32.7% | $22.3M-21.1% | $22.5M-18.2% | $23.0M-19.4% | $24.2M-17.5% |
| Current Liabilities | $13.2M-36.2% | $13.7M-34.2% | $14.8M-30.1% | $14.9M-32.5% | $20.7M-0.6% | $20.8M+4.1% | $21.1M+1.6% | $22.1M+2.7% |
| Non-Current Liabilities | $2.2M+44.3% | $1.3M-22.3% | $1.3M-28.1% | $1.4M-35.7% | $1.6M-79.0% | $1.7M-77.5% | $1.9M-75.8% | $2.1M-73.1% |
| Total Equity | $16.5M-46.7% | $23.4M-28.7% | $26.1M-25.9% | $28.9M-22.5% | $30.9M-21.6% | $32.9M-21.0% | $35.3M-18.5% | $37.3M-18.0% |
| Retained Earnings | -$37.4M-31.3% | -$36.4M-38.3% | -$33.5M-38.5% | -$30.8M-40.4% | -$28.5M-43.9% | -$26.3M-48.8% | -$24.2M-53.7% | -$21.9M-61.1% |
Not reported in any period shown, so not listed: Accounts Receivable, Goodwill, Long-Term Debt.
NHTC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$797K-264.7% | -$959K-1189.8% | $113K+125.9% | -$5.6M-57.9% | $484K-11.8% | $88K+227.5% | -$436K+49.8% | -$3.6M-34.9% |
| Depreciation & Amortization | $11K-63.3% | $22K-29.0% | $28K-9.7% | $29K-14.7% | $30K-14.3% | $31K-8.8% | $31K-20.5% | $34K-24.4% |
| Stock-Based Compensation | $0-100.0% | N/A | N/A | N/A | $34K-8.1% | N/A | N/A | N/A |
| Capital Expenditures | $115K+618.8% | $5K-75.0% | $43K+514.3% | $4K-78.9% | $16K+45.5% | $20K+42.9% | $7K-61.1% | $19K+171.4% |
| Free Cash Flow | -$912K-294.9% | -$964K-1517.6% | $70K+115.8% | -$5.6M-57.2% | $468K-13.0% | $68K+181.9% | -$443K+50.1% | -$3.6M-35.3% |
| Investing Cash Flow | $9.9M-0.3% | -$4.4M+37.1% | $5.9M-39.8% | -$3.3M+23.7% | $10.0M+135.0% | -$7.0M-49792.9% | $9.8M+54527.8% | -$4.4M-62214.3% |
| Financing Cash Flow | -$6.7M-192.1% | -$2.3M+0.1% | -$2.3M0.0% | -$2.3M0.0% | -$2.3M0.0% | -$2.3M0.0% | -$2.3M0.0% | -$2.3M0.0% |
| Dividends Paid | $858K-62.7% | $2.3M-0.1% | $2.3M0.0% | $2.3M0.0% | $2.3M0.0% | $2.3M0.0% | $2.3M0.0% | $2.3M0.0% |
| Share Buybacks | $5.9M | N/A | N/A | N/A | $0 | N/A | N/A | N/A |
NHTC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 75.0%+1.4pp | 72.9%-1.3pp | 73.7%-0.4pp | 73.9%-0.3pp | 73.6%+0.2pp | 74.2%-0.3pp | 74.1%-0.5pp | 74.2%-0.4pp |
| Operating Margin | -5.1%-1.9pp | -6.5%-2.6pp | -5.2%-2.7pp | -3.4%-1.1pp | -3.2%+0.1pp | -3.9%-1.7pp | -2.6%+0.2pp | -2.3%+4.8pp |
| Net Margin | -1.7%-2.8pp | -6.0%-7.6pp | -4.5%-4.9pp | 0.1%-1.5pp | 1.1%-0.6pp | 1.6%-1.7pp | 0.3%-1.3pp | 1.7%+3.7pp |
| Return on Equity | -0.9%-1.3pp | -2.5%-3.0pp | -1.7%-1.8pp | 0.1%-0.4pp | 0.4%-0.1pp | 0.5%-0.3pp | 0.1%-0.3pp | 0.5%+0.9pp |
| Return on Assets | -0.5%-0.7pp | -1.5%-1.8pp | -1.0%-1.1pp | 0.0%-0.3pp | 0.2%-0.1pp | 0.3%-0.2pp | 0.1%-0.2pp | 0.3%+0.6pp |
| Current Ratio | 2.00-0.3x | 2.500.0x | 2.570.0x | 2.73+0.2x | 2.35-0.7x | 2.45-0.8x | 2.55-0.7x | 2.57-0.7x |
| Debt-to-Equity | 0.94+0.2x | 0.640.0x | 0.620.0x | 0.57-0.1x | 0.720.0x | 0.680.0x | 0.650.0x | 0.650.0x |
| Asset Turnover | 0.29+0.1x | 0.25+0.1x | 0.220.0x | 0.220.0x | 0.200.0x | 0.200.0x | 0.180.0x | 0.170.0x |
| FCF Margin | -9.9%-14.3pp | -9.9%-10.5pp | 0.7%+4.9pp | -57.5%-23.2pp | 4.4%-0.5pp | 0.6%+1.4pp | -4.1%+4.2pp | -34.2%-9.0pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Natural Health Trends Corp. NHTC | FY2025 | $39.8M | -$882K | -2.2% | $13.5M | 34/100 |
| Oriental Culture Holding LTD OCG | FY2025 | $1.9M | -$3.9M | N/A | $3.0M | 40/100 |
| Hour Loop, Inc. HOUR | FY2025 | $142.4M | $1.7M | 1.2% | $64.8M | 38/100 |
| 1stdibs.com, Inc. DIBS | FY2025 | $89.6M | -$13.7M | -15.3% | $145.6M | 73/100 |
| Baozun Inc. American BZUN | FY2025 | $1.4B | -$34.6M | -2.4% | $158.7M | 41/100 |
| MOGU Inc. American MOGU | FY2026 | $18.2M | $266K | 1.5% | $15.4M | 42/100 |
Where Natural Health Trends Corp. Ranks
Frequently Asked Questions
What is Natural Health Trends Corp.'s annual revenue?
Natural Health Trends Corp. (NHTC) reported $39.8M in total revenue for fiscal year 2025. This represents a -7.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Natural Health Trends Corp.'s revenue growing?
Natural Health Trends Corp. (NHTC) revenue declined by 7.4% year-over-year, from $43.0M to $39.8M in fiscal year 2025.
Is Natural Health Trends Corp. profitable?
No, Natural Health Trends Corp. (NHTC) reported a net income of -$882K in fiscal year 2025, with a net profit margin of -2.2%.
What is Natural Health Trends Corp.'s EBITDA?
Natural Health Trends Corp. (NHTC) had EBITDA of -$1.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Natural Health Trends Corp.'s gross margin?
Natural Health Trends Corp. (NHTC) had a gross margin of 73.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Natural Health Trends Corp.'s operating margin?
Natural Health Trends Corp. (NHTC) had an operating margin of -4.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Natural Health Trends Corp.'s net profit margin?
Natural Health Trends Corp. (NHTC) had a net profit margin of -2.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Natural Health Trends Corp. pay dividends?
Yes, Natural Health Trends Corp. (NHTC) paid $0.80 per share in dividends during fiscal year 2025.
What is Natural Health Trends Corp.'s return on equity (ROE)?
Natural Health Trends Corp. (NHTC) has a return on equity of -3.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Natural Health Trends Corp.'s free cash flow?
Natural Health Trends Corp. (NHTC) recorded an outflow of $6.1M in free cash flow during fiscal year 2025. This represents a -77.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Natural Health Trends Corp.'s operating cash flow?
Natural Health Trends Corp. (NHTC) recorded an outflow of $6.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Natural Health Trends Corp.'s total assets?
Natural Health Trends Corp. (NHTC) had $38.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Natural Health Trends Corp.'s capital expenditures?
Natural Health Trends Corp. (NHTC) invested $68K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Natural Health Trends Corp.'s current ratio?
Natural Health Trends Corp. (NHTC) had a current ratio of 2.50 as of fiscal year 2025, which is generally considered healthy.
What is Natural Health Trends Corp.'s debt-to-equity ratio?
Natural Health Trends Corp. (NHTC) had a debt-to-equity ratio of 0.64 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Natural Health Trends Corp.'s return on assets (ROA)?
Natural Health Trends Corp. (NHTC) had a return on assets of -2.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Natural Health Trends Corp.'s P/E ratio?
Natural Health Trends Corp. (NHTC) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to March 31, 2026). The market capitalization is $13.5M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Natural Health Trends Corp.'s price-to-sales ratio?
Natural Health Trends Corp. (NHTC) trades at 0.4x sales, its market capitalization divided by revenue of $38.2M revenue, trailing 12 months to March 31, 2026. The market capitalization is $13.5M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Natural Health Trends Corp.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Natural Health Trends Corp. (NHTC) held $28.9M in cash, cash equivalents and investments, and reported an operating cash outflow of $6.0M over that year. Dividing the one by the other, the reported balance equals about 58 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Natural Health Trends Corp.'s Altman Z-Score?
Natural Health Trends Corp. (NHTC) has an Altman Z-Score of 0.73, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Natural Health Trends Corp.'s Piotroski F-Score?
Natural Health Trends Corp. (NHTC) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Natural Health Trends Corp.'s earnings high quality?
Natural Health Trends Corp. (NHTC) reported a net loss of $882K while operations used $6.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Natural Health Trends Corp.?
Natural Health Trends Corp. (NHTC) scores 34 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.