STOCK TITAN

Nature's Sunshine Reports Third Quarter 2026 Results

Asia sales fell 14.9% year over year, while nine-month operating cash flow declined to $9.7 million from $25.4 million.

(Very High)

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Nature’s Sunshine Products (Nasdaq: NATR) reported lower third-quarter 2026 sales and earnings and cut its full-year sales and adjusted earnings outlook. Sales fell 9% to $116.6 million from $128.3 million, or 7% excluding currency effects. GAAP earnings attributable to common shareholders fell to $1.9 million, or $0.11 per diluted share, from $5.3 million, or $0.30. Adjusted EBITDA, a non-GAAP earnings measure, declined to $11.1 million from $15.2 million.

The company now expects 2026 sales of $460–$470 million, down from $490–$500 million, and adjusted EBITDA of $44–$48 million, down from $48–$52 million. It cited a stronger U.S. dollar and challenges in China. Nine-month operating cash flow fell to $9.7 million from $25.4 million. Cash and cash equivalents totaled $89.4 million at September 30, with zero debt.

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7 points · 0 major

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1 major · 18 points

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Positive

  • Moderate pointSeptember 30 liquidity included $89.4 million in cash and cash equivalents and zero debt.
  • Moderate pointNine-month operating income rose to $20.308 million from $19.421 million a year earlier.
  • Minor pointThird-quarter SG&A fell to $42.3 million from $45.7 million, although its sales share rose to 36.3% from 35.6%.
  • Minor pointLatin America and Other third-quarter sales rose 3.4% to $5.462 million, but fell 0.1% excluding currency effects.
  • Minor pointNine-month sales increased to $356.480 million from $356.337 million a year earlier.
2 minor points
  • Minor pointThird-quarter income tax provision decreased to $3.478 million from $4.137 million a year earlier.
  • Minor pointManagement has begun rebuilding China’s consultant leadership base and continues investing in its Digital business.

Negative

  • Major point. Forward-looking: it has not happened yet and may not happen.Full-year 2026 sales guidance cut to $460–$470 million from $490–$500 million.
  • Moderate pointThird-quarter sales fell 9% to $116.6 million year over year, down 7% excluding currency effects.
  • Moderate pointThird-quarter common-shareholder earnings fell to $1.9 million, or $0.11 diluted EPS, from $5.3 million, or $0.30.
  • Moderate pointThird-quarter adjusted EBITDA fell to $11.1 million from $15.2 million a year earlier.
  • Moderate pointNine-month operating cash flow fell to $9.7 million from $25.4 million a year earlier.
13 minor points
  • Minor point. Forward-looking: it has not happened yet and may not happen.Full-year 2026 adjusted EBITDA guidance cut to $44–$48 million from $48–$52 million.
  • Minor pointAsia third-quarter sales fell 14.9% to $55.056 million, down 11.2% excluding currency effects.
  • Minor pointNorth America third-quarter sales fell 6.1% to $34.009 million, down 6.0% excluding currency effects.
  • Minor pointEurope third-quarter sales fell 0.1% to $22.076 million, although they rose 0.9% excluding currency effects.
  • Minor pointThird-quarter gross margin decreased to 72.9% from 73.3% a year earlier.
  • Minor pointThird-quarter volume incentives rose to 32.0% of sales from 30.7% a year earlier.
  • Minor pointThird-quarter operating income fell to $5.3 million, or 4.5% of sales, from $9.0 million, or 7.0%.
  • Minor pointThird-quarter other income, net, decreased to $86,000 from $697,000 a year earlier.
  • Minor pointNine-month capital expenditures increased to $6.8 million from $4.1 million a year earlier.
  • Minor pointCash and cash equivalents fell to $89.377 million at September 30 from $93.891 million at December 31, 2025.
  • Minor pointNine-month common-shareholder earnings fell to $10.546 million, or $0.59 diluted EPS, from $15.414 million, or $0.83.
  • Minor pointNine-month adjusted EBITDA decreased to $37.047 million from $37.421 million a year earlier.
  • Minor pointManagement said China operational disruptions affected its consultant leadership base more than anticipated.

News Explained

During the first nine months of 2026, Nature’s Sunshine repurchased 345,000 shares for a total cost of $6.1 million, or $17.66 per share, using company cash to buy shares from selling holders; the release reports these purchases as completed, not merely authorized.

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Key Figures

Net sales: $116.6 million vs. $128.3 million Gross profit margin: 72.9% vs. 73.3% GAAP net income attributable to common shareholders: $1.9 million vs. $5.3 million +4 more
Net sales
$116.6 million vs. $128.3 million
Q3 2026 vs. year-ago quarter; down 9%
Gross profit margin
72.9% vs. 73.3%
Q3 2026 vs. year-ago quarter
GAAP net income attributable to common shareholders
$1.9 million vs. $5.3 million
Q3 2026 vs. year-ago quarter
Diluted EPS
$0.11 vs. $0.30
Q3 2026 vs. year-ago quarter
Adjusted EBITDA
$11.1 million vs. $15.2 million
Q3 2026 vs. year-ago quarter
2026 net sales guidance
$460–$470 million; prior range $490–$500 million
Full-year 2026 outlook
2026 adjusted EBITDA guidance
$44–$48 million; prior range $48–$52 million
Full-year 2026 outlook

Previous Earnings Reports

1 past event · Latest: Aug 06
Same Type 1 event
  1. Aug 06

    Quarterly earnings

    24h Move
    -19.5%

    Q2 had reduced full-year sales guidance to $490–$500 million and adjusted EBITDA to $48–$52 million.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

gaap, adjusted ebitda, constant currency
3 terms
gaap financial
"GAAP net income attributable to common shareholders was $1.9 million"
GAAP, or Generally Accepted Accounting Principles, are a set of standardized rules and guidelines that companies follow when preparing their financial statements. They ensure consistency, transparency, and comparability across different companies, making it easier for investors to understand and compare financial information accurately. This helps investors make informed decisions based on trustworthy and uniform financial reports.
View in glossary
adjusted ebitda financial
"Adjusted EBITDA was $11.1 million compared to $15.2 million."
Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.
constant currency financial
"down 7% in constant currency"
Constant currency is a way of measuring financial results that removes the effects of changes in currency exchange rates. It allows for a clearer comparison of a company's performance over time by showing what the numbers would look like if exchange rates had stayed the same. This helps investors understand whether growth comes from actual business improvements or just currency fluctuations.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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LEHI, Utah, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Nature’s Sunshine Products, Inc. (Nasdaq: NATR) ("Nature’s Sunshine"), a global leader in manufacturing and marketing high-quality herbal and nutritional supplements, reported financial results for the third quarter ended September 30, 2026.

Third Quarter 2026 Financial Summary vs. Same Year-Ago Quarter

  • Net sales were down 9% to $116.6 million compared to $128.3 million (down 7% in constant currency).
  • Gross profit margin decreased 42 basis points to 72.9% compared to 73.3%.
  • GAAP net income attributable to common shareholders was $1.9 million, or $0.11 per diluted common share, compared to $5.3 million, or $0.30 per diluted common share.
  • Adjusted EBITDA was $11.1 million compared to $15.2 million.

Management Commentary

"Our third-quarter results were disappointing and fell short of our expectations,” said Ken Romanzi, CEO of Nature’s Sunshine. “We faced several challenges in our business, particularly in China and in our Digital business. In China, operational disruptions have had a more significant impact on our consultant leadership base than we initially anticipated which we have already begun rebuilding. Further, following several quarters of exceptional growth in our Digital business, we are continuing to invest in this critical part of our portfolio to position it for the next phase of growth."

"While our third quarter performance was far from our expectations, our confidence in the long-term potential of Nature's Sunshine remains strong."

Third Quarter 2026 Financial Results

  Net Sales by Operating Segment (Amounts in Thousands)
Three Months Ended September 30, 
2026
 
2025
 Percent
Change
 Impact of
Currency
Exchange
 Percent
Change
Excluding
Impact of
Currency
Asia $55,056 $64,725 (14.9)% $(2,437) (11.2)% 
Europe  22,076  22,107 (0.1)  (227) 0.9 
North America  34,009  36,224 (6.1)  (42) (6.0)
Latin America and Other  5,462  5,283 3.4   182  (0.1)
  $116,603 $128,339 (9.1)% $(2,524) (7.2)% 
               

Net sales in the third quarter of 2026 decreased 9% to $116.6 million compared to $128.3 million in the same year-ago quarter. Excluding the impact from foreign exchange rates, net sales in the third quarter of 2026 decreased 7% compared to the year-ago quarter.

Gross profit margin in the third quarter of 2026 decreased to 72.9% compared to 73.3% in the year-ago quarter. The decrease is primarily due to unfavorable foreign exchange.

Volume incentives as a percentage of net sales were 32.0% compared to 30.7% in the year-ago quarter. The increase was primarily due to timing of promotional incentives and market mix.

Selling, general and administrative expenses ("SG&A") in the third quarter of 2026 were $42.3 million compared to $45.7 million in the year‐ago quarter. The decrease was primarily related to a reduction in variable selling expenses and cost management. As a percentage of net sales, SG&A expenses were 36.3% for the third quarter of 2026 compared to 35.6% in the year-ago quarter.

Operating income in the third quarter of 2026 decreased to $5.3 million, or 4.5% of net sales, compared to $9.0 million, or 7.0% of net sales, in the year-ago quarter.

Other income (expense), net, in the third quarter of 2026 was $0.1 million compared to $0.7 million in the year-ago quarter. The provision for income taxes was $3.5 million in the third quarter of 2026 compared to $4.1 million for the year-ago quarter.

GAAP net income attributable to common shareholders decreased to $1.9 million, or $0.11 per diluted common share, compared to $5.3 million, or $0.30 per diluted common share, in the year-ago quarter. As a result of the December 2025 purchase of noncontrolling interests, there was no net income attributable to NSP China for the third quarter of 2026, compared to $1.0 million, or $0.06 per diluted common share, in the year-ago quarter.

Adjusted EBITDA in the third quarter of 2026 decreased to $11.1 million compared to $15.2 million in the year-ago quarter. Adjusted EBITDA, which is a non-GAAP financial measure, is defined here as net income from continuing operations before taxes, depreciation, amortization, and other income (expense) adjusted to exclude share-based compensation expense and certain noted adjustments. A reconciliation of net income to adjusted EBITDA is provided in the attached financial tables.

Balance Sheet and Cash Flow

Net cash provided by operating activities was $9.7 million for the nine months ended September 30, 2026, compared to $25.4 million in the prior year period. Capital expenditures during the nine months ended September 30, 2026, totaled $6.8 million compared to $4.1 million in the comparable period of 2025. During the nine months ended September 30, 2026, the Company repurchased 345,000 shares at a total cost of $6.1 million or $17.66 per share. As of September 30, 2026, the Company had cash and cash equivalents of $89.4 million and zero debt.

Outlook

Reflecting the impact of a stronger U.S. dollar and recent challenges in the China market, Nature's Sunshine now expects full year 2026 net sales to range between $460 and $470 million ($490 and $500 million prior). Adjusted EBITDA is now expected to range between $44 and $48 million ($48 and $52 million prior).

Conference Call

The Company will hold a conference call today at 5:00 p.m. Eastern time to discuss its third quarter of 2026 results.

Date: Wednesday, November 4, 2026
Time: 5:00 p.m. Eastern time (3:00 p.m. Mountain time)
Toll-free dial-in number: 1-800-717-1738
International dial-in number: 1-646-307-1865
Conference ID: 30563

Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Group at 1-949-574-3860.

The conference call will be broadcast live and available for replay here and via the Events section of the Nature’s Sunshine website here.

A replay of the conference call will be available after 8:00 p.m. Eastern time on the same day through Wednesday, November 18, 2026.

Toll-free replay number: 1-844-512-2921
International replay number: 1-412-317-6671
Replay ID: 1130563

About Nature’s Sunshine Products

Nature’s Sunshine Products (Nasdaq: NATR), a leading natural health and wellness company, markets and distributes nutritional and personal care products in more than 40 countries. Nature’s Sunshine manufactures most of its products through its own state-of-the-art facilities to ensure its products continue to set the standard for the highest quality, safety, and efficacy on the market today. Additional information about the company can be obtained at its website, www.naturessunshine.com.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements regarding the Company’s future business expectations, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may include, but are not limited to, statements relating to our objectives, plans, strategies and financial results, including expected improvements in gross profit and gross margin. All statements (other than statements of historical fact) that address activities, events or developments that we intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. These statements are often characterized by terminology such as “believe,” “hope,” “may,” “anticipate,” “should,” “intend,” “plan,” “will,” “expect,” “estimate,” “project,” “positioned,” “strategy” and similar expressions, and are based on assumptions and assessments made in light of our experience and perception of historical trends, current conditions, expected future developments and other factors we believe to be appropriate. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, including the following:

  • failure to comply with laws and regulations relating to trade restrictions and export controls;
  • laws and regulations regarding direct selling that may prohibit or restrict our ability to sell our products in some markets or require us to make changes to our business model in some markets;
  • corrective or remedial actions involving independent sales representatives that may disrupt their sales organizations or adversely affect our sales and results of operations;
  • current and potential future extensive government regulations to which the Company’s products, business practices and manufacturing activities are subject;
  • registration of products for sale in foreign markets, or difficulty or increased cost of importing products into foreign markets;
  • legal challenges to the Company’s direct selling program or to the classification of its independent consultants;
  • failure of the Company’s independent consultants to comply with advertising laws;
  • product liability claims;
  • impact of anti-bribery laws, including the U.S. Foreign Corrupt Practices Act;
  • the Company’s ability to attract and retain independent consultants;
  • the loss of one or more key independent consultants who have a significant sales network;
  • potential for liability relating to the Company’s full ownership of its China business;
  • the effect of fluctuating foreign exchange rates;
  • liabilities and obligations arising from improper activity by the Company’s independent consultants;
  • changes to the Company’s independent consultant compensation plans;
  • geopolitical issues, conflicts or other global events;
  • negative consequences resulting from difficult economic conditions, including the availability of liquidity or the willingness of the Company’s consumers to purchase products;
  • risks associated with the manufacturing of the Company’s products;
  • supply chain disruptions, manufacturing interruptions or delays or the failure to accurately forecast consumer demand;
  • failure to timely and effectively obtain shipments of products from our suppliers and deliver products to our independent consultants and consumers;
  • uncertainties relating to the application of transfer pricing, duties, value-added taxes and other tax regulations, and changes thereto;
  • failure to maintain an effective system of internal controls over financial reporting;
  • cybersecurity threats and exposure to data loss;
  • the storage, processing and use of data, some of which contain personal information, are subject to complex and evolving privacy and data protection laws and regulations;
  • reliance on information technology infrastructure; and
  • the sufficiency of trademarks and other intellectual property rights.

These and other risks and uncertainties that could cause actual results to differ from predicted results are more fully detailed under the caption “Risk Factors” in our reports filed with the Securities and Exchange Commission, including our Annual Report on Form 10-K and Quarterly Reports filed on Form 10-Q.

All forward-looking statements speak only as of the date of this press release and are expressly qualified in their entirety by the cautionary statements included in or incorporated by reference into this press release. Except as is required by law, the Company expressly disclaims any obligation to publicly release any revisions to forward-looking statements to reflect events after the date of this press release.

Non-GAAP Financial Measures

We have included information which has not been prepared in accordance with generally accepted accounting principles (GAAP), such as information concerning non-GAAP net income, adjusted EBITDA and net sales excluding the impact of foreign currency exchange fluctuations.

We believe that these non-GAAP measures provide investors with greater transparency to evaluate operational activities and financial results and facilitate consistent comparisons to the historical operating performance of prior periods. We utilize these non-GAAP measures of non-GAAP net income and adjusted EBITDA in the evaluation of our operations and believe that these measures are useful indicators of our operating performance and ability to fund our business. These non-GAAP financial measures should not be considered as an alternative to, or more meaningful than, U.S. GAAP net income (loss) as an indicator of our operating performance.

Other companies may use the same or similarly named measures, but exclude different items, which may not provide investors with a comparable view of Nature’s Sunshine Products’ performance in relation to other companies. We have included a reconciliation of net income, the most comparable GAAP measure, to adjusted EBITDA. We have also included a reconciliation of GAAP net income to non-GAAP net income and non-GAAP adjusted EPS, in the attached financial tables.

Net sales in local currency removes, from net sales in U.S. dollars, the impact of changes in exchange rates between the U.S. dollar and the functional currencies of our foreign subsidiaries. This is accomplished by translating the current period's net sales into U.S. dollars using the same foreign currency exchange rates that were used to translate the net sales for the previous comparable period.

We believe presenting the impact of foreign currency fluctuations is useful to investors because it allows a more meaningful comparison of net sales of our foreign operations from period to period. Net sales excluding the impact of foreign currency fluctuations should not be considered in isolation or as an alternative to net sales in U.S. dollar measures that reflect current period exchange rates, or to other financial measures calculated and presented in accordance with U.S. GAAP.

With respect to our adjusted EBITDA outlook for the full year 2026, a quantitative reconciliation to the corresponding GAAP information cannot be provided without unreasonable effort because of the inherent difficulty of accurately forecasting the occurrence and financial impact of the various adjusting items necessary for such reconciliation that have not yet occurred, are out of our control, or cannot be reasonably predicted, including stock based compensation and other potential adjustments. For the same reasons, we are unable to assess the probable significance of the unavailable information, which could have a material impact on our future GAAP financial results.

Investor Relations:

Gateway Group, Inc.
Cody Slach
1-949-574-3860
NATR@gateway-grp.com

    
NATURE’S SUNSHINE PRODUCTS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(Amounts in thousands, except per share information)
(Unaudited)
    
 Three Months Ended
September 30,
 Nine Months Ended
September 30,
  2026   2025   2026   2025 
Net sales$116,603  $128,339  $356,480  $356,337 
Cost of sales 31,641   34,290   95,367   98,392 
Gross profit 84,962   94,049   261,113   257,945 
        
Operating expenses:       
Volume incentives 37,365   39,348   110,075   108,552 
Selling, general and administrative 42,315   45,726   130,730   129,972 
Operating income 5,282   8,975   20,308   19,421 
Other income (expense):       
Interest and other income, net 101   51   336   524 
Interest expense (30)  (26)  (118)  (71)
Foreign exchange gains (losses), net 15   672   (1,637)  4,451 
  86   697   (1,419)  4,904 
Income before provision for income taxes 5,368   9,672   18,889   24,325 
Provision for income taxes 3,478   4,137   8,343   8,387 
Net income 1,890   5,535   10,546   15,938 
Net income attributable to noncontrolling interests —   201   —   524 
Net income attributable to common shareholders$1,890  $5,334  $10,546  $15,414 
        
Basic and diluted net income per common share:       
        
Basic earnings per share attributable to common shareholders$0.11  $0.30  $0.60  $0.85 
        
Diluted earnings per share attributable to common shareholders$0.11  $0.30  $0.59  $0.83 
        
Weighted average basic common shares outstanding 17,519   17,638   17,553   18,174 
Weighted average diluted common shares outstanding 17,870   18,034   17,906   18,563 
                


NATURE’S SUNSHINE PRODUCTS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(Amounts in thousands)
(Unaudited)
    
 September 30,
2026
 December 31,
2025
Assets   
Current assets:   
Cash and cash equivalents$89,377  $93,891 
Accounts receivable, net of allowance for doubtful accounts of $60 and $69, respectively 18,325   8,602 
Inventories 71,289   68,312 
Prepaid expenses and other 9,394   8,040 
Total current assets 188,385   178,845 
    
Property, plant and equipment, net 29,701   32,915 
Operating lease right-of-use assets 19,023   17,600 
Restricted investment securities - trading 1,225   1,132 
Deferred income tax assets 19,328   20,068 
Other assets 10,570   10,586 
Total assets$268,232  $261,146 
    
Liabilities and Shareholders’ Equity   
Current liabilities:   
Accounts payable$8,151  $8,021 
Accrued volume incentives and service fees 25,758   22,624 
Accrued liabilities 27,523   34,080 
Deferred revenue 5,910   5,840 
Income taxes payable 1,577   4,703 
Current portion of operating lease liabilities 4,569   3,270 
Total current liabilities 73,488   78,538 
    
Liability related to unrecognized tax benefits 1,748   428 
Long-term portion of operating lease liabilities 16,459   15,630 
Deferred compensation payable 1,225   1,132 
Deferred income tax liabilities 1,069   954 
Other liabilities 2,561   2,911 
Total liabilities 96,550   99,593 
    
Shareholders’ equity:   
Common stock, no par value, 50,000 shares authorized, 17,386 and 17,508 shares issued and outstanding, respectively 99,179   102,192 
Retained earnings 87,474   76,928 
Accumulated other comprehensive loss (14,971)  (17,567)
Total shareholders’ equity 171,682   161,553 
Total liabilities and shareholders’ equity$268,232  $261,146 
        


NATURE’S SUNSHINE PRODUCTS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Amounts in thousands)
(Unaudited)
         
Nine Months Ended September 30,  2026   2025 
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $10,546  $15,938 
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization  9,735   10,538 
Non-cash lease expense  3,123   3,792 
Share-based compensation expense  5,585   4,223 
Deferred income taxes  1,012   (2,104)
Purchase of trading investment securities  (220)  (94)
Proceeds from sale of trading investment securities  287   14 
Realized and unrealized gains on investments  (161)  (112)
Foreign exchange (gains) losses  1,637   (4,451)
Changes in assets and liabilities:    
Accounts receivable  (9,507)  (5,254)
Inventories  (2,900)  (6,428)
Prepaid expenses and other current assets  (1,334)  (1,323)
Other assets  398   (465)
Accounts payable  525   (2,401)
Accrued volume incentives and service fees  2,751   4,165 
Accrued liabilities  (7,219)  5,412 
Deferred revenue  (226)  4,615 
Lease liabilities  (2,421)  (3,883)
Income taxes payable  (3,286)  2,814 
Liability related to unrecognized tax benefits  1,320   235 
Deferred compensation payable  94   192 
Net cash provided by operating activities  9,739   25,423 
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment  (6,793)  (4,143)
Net cash used in investing activities  (6,793)  (4,143)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from revolving credit facility  30,935   1,823 
Principal payments of revolving credit facility  (30,935)  (1,823)
Payments related to tax withholding for net-share settled equity awards  (2,502)  (872)
Repurchase of common stock  (6,096)  (14,376)
Net cash used in financing activities  (8,598)  (15,248)
Effect of exchange rates on cash and cash equivalents  1,138   4,822 
Net increase (decrease) in cash and cash equivalents  (4,514)  10,854 
Cash and cash equivalents at the beginning of the period  93,891   84,700 
Cash and cash equivalents at the end of the period $89,377  $95,554 
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for income taxes, net of refunds $9,457  $7,699 
Cash paid for interest  118   71 
         


NATURE’S SUNSHINE PRODUCTS, INC. AND SUBSIDIARIES
RECONCILIATION OF NET INCOME TO ADJUSTED EBITDA
(Amounts in thousands)
(Unaudited)
    
 Three Months Ended
September 30,
 Nine Months Ended
September 30,
  2026   2025   2026  2025 
Net income$1,890  $5,535  $10,546 $15,938 
Adjustments:       
Depreciation and amortization 3,211   3,539   9,735  10,538 
Share-based compensation expense 1,955   1,285   5,585  4,223 
Other (income) expense, net* (86)  (697)  1,419  (4,904)
Provision for income taxes 3,478   4,137   8,343  8,387 
Other adjustments (1) 689   1,386   1,419  3,239 
Adjusted EBITDA$11,137  $15,185  $37,047 $37,421 
        
        
(1) Other adjustments       
Other non-recurring expenses$689  $1,386  $1,419 $3,239 
Total adjustments$689  $1,386  $1,419 $3,239 

* Other (income) expense, net is primarily comprised of foreign exchange (gains) losses, interest income, and interest expense.

    
NATURE’S SUNSHINE PRODUCTS, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP NET INCOME TO
NON-GAAP NET INCOME and NON-GAAP ADJUSTED EPS
(Amounts in thousands)
(Unaudited)
    
 Three Months Ended
September 30,
 Nine Months Ended
September 30,
  2026   2025   2026   2025 
Net income$1,890  $5,535  $10,546  $15,938 
Adjustments:       
Other non-recurring expenses 689   1,386   1,419   3,239 
Tax impact of adjustments (172)  (347)  (355)  (810)
Total adjustments 517   1,039   1,064   2,429 
Non-GAAP net income$2,407  $6,574  $11,610  $18,367 
        
Reported income attributable to common shareholders$1,890  $5,334  $10,546  $15,414 
Total adjustments 517   1,039   1,064   2,429 
Non-GAAP net income attributable to common shareholders$2,407  $6,373  $11,610  $17,843 
        
Basic income per share, as reported$0.11  $0.30  $0.60  $0.85 
Total adjustments, net of tax 0.03   0.06   0.06   0.13 
Basic income per share, as adjusted$0.14  $0.36  $0.66  $0.98 
        
Diluted income per share, as reported$0.11  $0.30  $0.59  $0.83 
Total adjustments, net of tax 0.03   0.06   0.06   0.13 
Diluted income per share, as adjusted$0.14  $0.36  $0.65  $0.96 
                



FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Nature’s Sunshine’s third-quarter 2026 sales and earnings?

Nature’s Sunshine reported sales of $116.6 million and GAAP earnings attributable to common shareholders of $1.9 million, or $0.11 per diluted share. A year earlier, sales were $128.3 million and common-shareholder earnings were $5.3 million, or $0.30 per diluted share.

What is Nature’s Sunshine’s updated full-year 2026 outlook?

Nature’s Sunshine now expects $460–$470 million in sales and $44–$48 million in adjusted EBITDA for 2026. The previous ranges were $490–$500 million and $48–$52 million, respectively. The company attributed the revision to a stronger U.S. dollar and recent challenges in China.

How is Nature’s Sunshine responding to its China and Digital business challenges?

Management said it has begun rebuilding China’s consultant leadership base and is continuing to invest in the Digital business to position it for its next phase of growth. Operational disruptions in China affected the consultant leadership base more than management initially anticipated.

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