Welcome to our dedicated page for Mannatech news (Ticker: MTEX), a resource for investors and traders seeking the latest updates and insights on Mannatech stock.
Mannatech reports recurring developments for a global health and wellness company that develops, markets and sells nutritional supplements, topical and skin care products, anti-aging products and weight-management products. The company distributes through a global network of independent associates and members, with operations across the Americas, EMEA and Asia/Pacific and a separate cross-border e-commerce platform in China.
Company news commonly covers quarterly and annual financial results, net sales trends, gross margin, commissions, foreign currency effects, regional demand, supply chain costs and changes in independent associate and preferred customer activity. Updates also include shareholder meeting results, executive and operating leadership changes, and product or brand-related communications tied to Mannatech's wellness business.
Mannatech (NASDAQ: MTEX) announced the appointment of Yasir Haider as Chief Financial Officer, effective June 3, 2026. Haider joined Mannatech as Controller in January 2025 and became Interim CFO in March 2026 during the transition from former CFO James Clavijo.
He brings senior finance leadership experience in global operations, SEC reporting, M&A, and scalable financial infrastructure, and holds an MBA from West Texas A&M University. According to Mannatech, CEO Landen Fredrick expressed confidence in Haider’s ability to support performance improvements and long-term shareholder value.
Mannatech (Nasdaq: MTEX) reported results of its June 2, 2026 annual shareholders’ meeting. All proposals passed, including election of two Class III directors until 2029, ratification of BDO USA as auditor for 2026, and advisory approval of executive compensation. A total of 1,369,880 shares, or 71.0% of shares entitled to vote, were represented.
Director votes included 879,504 shares for John A. Seifrick and 937,930 for Robert Toth. Auditor ratification received 1,205,072 votes for. Executive pay received 947,313 votes for.
Mannatech (NASDAQ: MTEX) reported first quarter 2026 results. Net sales were $24.9 million, down about 6% year over year, or 8.1% in constant currency. Gross margin improved to 75.7%, and the operating loss narrowed to $0.2 million.
According to Mannatech, Q1 2026 net income was $0.95 million, or $0.49 per diluted share, versus a $1.53 million loss a year earlier. Cash rose 13.4% to $7.0 million, while network positions fell to 111,000 and shareholders’ equity remained in deficit.
Mannatech (NASDAQ: MTEX) reported fourth-quarter net sales of $26.6M (down 8.2% YoY) and a Q4 net loss of $11.3M (loss per diluted share $5.94). For fiscal 2025, net sales were $108.0M (down 8.3% YoY) and net loss was $15.2M (loss per diluted share $8.00).
Gross profit for 2025 was $81.0M (74.9% margin). Operating loss was $0.4M. The company recorded an $12.3M income tax provision, including an $11.5M deferred tax charge that produced a $9.7M deferred tax liability. Cash and cash equivalents were $6.2M at year-end.
Mannatech (NASDAQ: MTEX) filed a Form 12b-25 notifying the SEC of a late annual report filing for its 2025 Form 10-K.
The Form 12b-25 grants an automatic 15-calendar-day extension beyond the March 31, 2026 due date, and the company expects to file the 2025 Form 10-K by April 15, 2026. The 12b-25 filing is available on the company investor site.
Mannatech (NASDAQ: MTEX) reported third-quarter 2025 results: net sales $29.2M, down 8.1% year-over-year, while gross profit margin rose to 76.4%. Income from operations was $2.0M versus $0.9M a year earlier, and net income was $1.9M or $1.01 per diluted share, compared with a net loss of $0.3M in Q3 2024.
Key cash and balance-sheet items: cash and cash equivalents declined to $7.1M (down 37.3% vs Dec 31, 2024). Independent associate and preferred customer positions were ~119,000 vs 136,000 a year earlier (recruiting down 21.9%). Management cited regional demand slowdowns and foreign-exchange effects; constant-dollar net sales fell 7.3% for the quarter.
Mannatech (NASDAQ: MTEX) reported challenging second quarter 2025 financial results, with net sales declining to $25.7 million, down 7.4% from $27.7 million in Q2 2024. The company posted a significant net loss of $4.3 million ($2.27 per diluted share), compared to a loss of $0.6 million ($0.33 per share) in the same period last year.
Key financial metrics deteriorated across the board: gross profit margin decreased to 73.6% from 77.1%, cash and equivalents dropped 51.5% to $5.5 million, and the company's associate network shrunk to 125,000 from 142,000 year-over-year. The decline was attributed to weakened economic conditions in certain operating regions and increased operational costs.
Mannatech (NASDAQ: MTEX) has announced the promotion of Peter Griscom to Chief Operating Officer, effective July 1, 2025. Griscom, who has served as senior vice president of global operations since August 2024, brings over 10 years of experience in direct selling and extensive expertise in consumer goods.
Prior to his current role, Griscom served as senior vice president of product, innovation, & supply chain. He holds degrees from the University of Auburn and the University of Utah. CEO Landen Fredrick highlighted Griscom's ability to create operational efficiencies and streamline processes as key factors in reducing costs and advancing the company.