Herbalife Nutrition Ltd. (HLF) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.32B | 1.28B | 1.27B | 1.26B | 1.22B | 1.21B | 1.24B | 1.28B | 1.26B | 1.22B | 1.28B | 1.31B | 1.25B | 1.18B | 1.3B | 1.39B | 1.34B | 1.32B | 1.43B | 1.55B |
| Revenue Growth % | 7.82% | 6.26% | 2.69% | -1.72% | -3.37% | -0.63% | -3.2% | -2.5% | 0.97% | 2.9% | -1.07% | -5.65% | -6.27% | -10.41% | -9.49% | -10.28% | -11.04% | -6.57% | -5.97% | 15.25% |
| Cost of Goods Sold | 291.1M | 319.2M | 318.6M | 276.9M | 265.2M | 267.5M | 268.7M | 283.1M | 285M | 287.6M | 303.2M | 301.6M | 298.6M | 265.6M | 285.1M | 315.8M | 307.1M | 296.6M | 305.2M | 323.2M |
| COGS % of Revenue | 22.1% | 24.88% | 25.01% | 21.99% | 21.71% | 22.16% | 21.66% | 22.1% | 22.54% | 23.67% | 23.66% | 22.95% | 23.85% | 22.49% | 22.01% | 22.68% | 22.99% | 22.5% | 21.33% | 20.82% |
| Gross Profit | 1.03B | 963.8M | 955.1M | 982.2M | 956.5M | 939.9M | 971.6M | 998M | 979.3M | 927.4M | 978.1M | 1.01B | 953.5M | 915.2M | 1.01B | 1.08B | 1.03B | 1.02B | 1.13B | 1.23B |
| Gross Margin % | 77.9% | 75.12% | 74.99% | 78.01% | 78.29% | 77.84% | 78.34% | 77.9% | 77.46% | 76.33% | 76.34% | 77.05% | 76.15% | 77.51% | 77.99% | 77.32% | 77.01% | 77.5% | 78.67% | 79.18% |
| Gross Profit Growth % | 7.28% | 2.54% | -1.7% | -1.58% | -2.33% | 1.35% | -0.66% | -1.42% | 2.71% | 1.33% | -3.16% | -5.99% | -7.31% | -10.4% | -10.28% | -12.38% | -13.36% | -7.26% | -6.12% | 14.43% |
| Operating Expenses | 893.2M | 887.4M | 832.3M | 849.6M | 833.7M | 833.4M | 844.5M | 917.6M | 907.4M | 871.6M | 871.4M | 889M | 883M | 826.3M | 862.6M | 921.1M | 875.6M | 937.1M | 936.3M | 991.2M |
| OpEx % of Revenue | 67.81% | 69.17% | 65.35% | 67.48% | 68.24% | 69.02% | 68.09% | 71.63% | 71.77% | 71.74% | 68.01% | 67.66% | 70.52% | 69.98% | 66.6% | 66.14% | 65.55% | 71.1% | 65.43% | 63.85% |
| Selling, General & Admin | 893.2M | 887.4M | 832.3M | 447.9M | 431.9M | 436.9M | 444M | 502.3M | 492.2M | 474.3M | 455.3M | 460.5M | 475.9M | 437.3M | 448.2M | 470M | 454.9M | 513.2M | 486.3M | 505.9M |
| SG&A % of Revenue | 67.81% | 69.17% | 65.35% | 35.57% | 35.35% | 36.19% | 35.8% | 39.21% | 38.93% | 39.04% | 35.53% | 35.05% | 38.01% | 37.03% | 34.61% | 33.75% | 34.05% | 38.94% | 33.99% | 32.59% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | -5.5M | 76.4M | 122.8M | 132.6M | 122.8M | 106.5M | 127.1M | 80.4M | 71.9M | 55.8M | 106.7M | 123.4M | 70.5M | 88.9M | 147.4M | 155.8M | 153.1M | 84.3M | 189.4M | 237.9M |
| Operating Margin % | -0.42% | 5.95% | 9.64% | 10.53% | 10.05% | 8.82% | 10.25% | 6.28% | 5.69% | 4.59% | 8.33% | 9.39% | 5.63% | 7.53% | 11.38% | 11.19% | 11.46% | 6.4% | 13.24% | 15.33% |
| Operating Income Growth % | -104.48% | -28.26% | -3.38% | 64.93% | 70.79% | 90.86% | 19.12% | -34.85% | 1.99% | -37.23% | -27.61% | -20.8% | -53.95% | 5.46% | -22.18% | -34.51% | -31.19% | -43.19% | -8.46% | 25.41% |
| EBITDA | -5.5M | 105.7M | 153.5M | 163.1M | 153.5M | 135.5M | 157.7M | 113M | 101.1M | 84M | 135.1M | 152.5M | 98.1M | 117.1M | 176M | 185.2M | 182.3M | 111.8M | 216M | 265M |
| EBITDA Margin % | -0.42% | 8.24% | 12.05% | 12.95% | 12.56% | 11.22% | 12.71% | 8.82% | 8% | 6.91% | 10.54% | 11.61% | 7.83% | 9.92% | 13.59% | 13.3% | 13.65% | 8.48% | 15.1% | 17.07% |
| EBITDA Growth % | -103.58% | -21.99% | -2.66% | 44.34% | 51.83% | 61.31% | 16.73% | -25.9% | 3.06% | -28.27% | -23.24% | -17.66% | -46.19% | 4.74% | -18.52% | -30.11% | -26.76% | -35.89% | -6.61% | 23.03% |
| D&A (Non-Cash Add-back) | 0 | 29.3M | 30.7M | 30.5M | 30.7M | 29M | 30.6M | 32.6M | 29.2M | 28.2M | 28.4M | 29.1M | 27.6M | 28.2M | 28.6M | 29.4M | 29.2M | 27.5M | 26.6M | 27.1M |
| EBIT | 0 | 76.4M | 127.8M | 134.4M | 125.4M | 109.5M | 130M | 72.6M | 77.8M | 59M | 110.9M | 126.1M | 72.9M | 93.3M | 148.8M | 157.3M | 154.8M | 85.2M | 190.5M | 214.3M |
| Net Interest Income | -46.8M | -49.3M | -51M | -53.6M | -52M | -53.9M | -56.5M | -57.7M | -37.9M | -38.1M | -38.5M | -38.4M | -39.4M | -37.3M | -34.5M | -31.7M | -29.7M | -36.7M | -37.7M | -36.8M |
| Interest Income | 0 | 2.1M | 2M | 1.8M | 2.6M | 3M | 2.9M | 2.7M | 3.7M | 3.2M | 3.2M | 2.7M | 2.4M | 1.5M | 1.4M | 1.5M | 1.7M | 900K | 1.1M | 1M |
| Interest Expense | 46.8M | 51.4M | 53M | 55.4M | 54.6M | 56.9M | 59.4M | 60.4M | 41.6M | 41.3M | 41.7M | 41.1M | 41.8M | 38.8M | 35.9M | 33.2M | 31.4M | 37.6M | 38.8M | 37.8M |
| Other Income/Expense | 97.1M | -25.9M | -48M | -53.6M | -52M | -53.9M | -56.5M | -68.2M | -37.9M | -38.1M | -37.5M | -38.4M | -39.4M | -24.5M | -34.5M | -31.7M | -29.7M | -36.7M | -37.7M | -61.4M |
| Pretax Income | 91.6M | 50.5M | 74.8M | 79M | 70.8M | 52.6M | 70.6M | 12.2M | 34M | 17.7M | 69.2M | 85M | 31.1M | 64.4M | 112.9M | 124.1M | 123.4M | 47.6M | 151.7M | 176.5M |
| Pretax Margin % | 6.95% | 3.94% | 5.87% | 6.27% | 5.8% | 4.36% | 5.69% | 0.95% | 2.69% | 1.46% | 5.4% | 6.47% | 2.48% | 5.45% | 8.72% | 8.91% | 9.24% | 3.61% | 10.6% | 11.37% |
| Income Tax | 29.7M | -35.1M | 31.7M | 29.8M | 20.4M | -125.3M | 23.2M | 7.5M | 9.7M | 7.5M | 26.4M | 25.1M | 1.8M | 10M | 30.7M | 37.6M | 25.2M | 9.4M | 34.3M | 32.3M |
| Effective Tax Rate % | 32.42% | -69.5% | 42.38% | 37.72% | 28.81% | -238.21% | 32.86% | 61.48% | 28.53% | 42.37% | 38.15% | 29.53% | 5.79% | 15.53% | 27.19% | 30.3% | 20.42% | 19.75% | 22.61% | 18.3% |
| Net Income | 61.9M | 85.4M | 43.2M | 49.3M | 50.4M | 177.9M | 47.4M | 4.7M | 24.3M | 10.2M | 42.8M | 59.9M | 29.3M | 54.4M | 82.2M | 86.5M | 98.2M | 38.2M | 117.4M | 144.2M |
| Net Margin % | 4.7% | 6.66% | 3.39% | 3.92% | 4.13% | 14.73% | 3.82% | 0.37% | 1.92% | 0.84% | 3.34% | 4.56% | 2.34% | 4.61% | 6.35% | 6.21% | 7.35% | 2.9% | 8.2% | 9.29% |
| Net Income Growth % | 22.82% | -52% | -8.86% | 948.94% | 107.41% | 1644.12% | 10.75% | -92.15% | -17.06% | -81.25% | -47.93% | -30.75% | -70.16% | 42.41% | -29.98% | -40.01% | -33.38% | -48.24% | -14.99% | 25.28% |
| Net Income (Continuing) | 61.9M | 85.6M | 43.1M | 49.2M | 50.4M | 177.9M | 47.4M | 4.7M | 24.3M | 10.2M | 42.8M | 59.9M | 29.3M | 54.4M | 82.2M | 86.5M | 98.2M | 38.2M | 117.4M | 144.2M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 7.3M | 5.7M | 6M | 6.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.57 | 0.81 | 0.42 | 0.48 | 0.49 | 1.74 | 0.46 | 0.05 | 0.24 | 0.10 | 0.43 | 0.60 | 0.29 | 0.55 | 0.83 | 0.88 | 0.97 | 0.37 | 1.09 | 1.31 |
| EPS Growth % | 16.33% | -53.45% | -8.7% | 860% | 104.17% | 1640% | 6.98% | -91.67% | -17.24% | -81.82% | -48.19% | -31.82% | -70.1% | 48.65% | -23.85% | -32.82% | -27.07% | -37.29% | 4.81% | 59.76% |
| EPS (Basic) | 0.60 | 0.83 | 0.42 | 0.48 | 0.50 | 1.76 | 0.47 | 0.05 | 0.24 | 0.10 | 0.43 | 0.60 | 0.30 | 0.55 | 0.84 | 0.88 | 0.98 | 0.38 | 1.11 | 1.33 |
| Diluted Shares Outstanding | 108.4M | 103.6M | 104M | 103.3M | 102.2M | 102M | 101.9M | 101.7M | 100.7M | 100.3M | 100.4M | 99.5M | 100.2M | 99M | 98.8M | 98.7M | 101.7M | 103.6M | 107.8M | 110.2M |
| Basic Shares Outstanding | 103.8M | 102.8M | 103.3M | 102.7M | 101.5M | 101.1M | 100.9M | 100.6M | 99.7M | 99.1M | 99.2M | 99.1M | 98.5M | 98.1M | 98M | 98.2M | 99.9M | 101.6M | 105.5M | 108M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |