Herbalife Reports 5.4% Sales Increase but $26.3 Million Net Loss in Q2 2026

Herbalife Ltd. reported its financial results for the second quarter of 2026, revealing a net sales increase of 5.4% to $1,326.8 million compared to $1,259.1 million in the same period of 2025. For the first half of 2026, net sales rose by 6.6% to $2,644.0 million, up from $2,480.8 million year-over-year. The growth in sales was attributed to a 5.8% increase in sales volume and a favorable impact from price increases, although it was partially offset by an unfavorable sales mix and foreign currency fluctuations.

Despite the increase in revenue, the company reported a net loss of $26.3 million, or $0.25 per diluted share, for the second quarter of 2026, a significant decline from the net income of $49.3 million, or $0.48 per diluted share, in the same quarter of the previous year. The loss was primarily driven by a $94.6 million loss on extinguishment of debt related to a refinancing transaction, alongside increased general and administrative expenses and selling expenses. For the first half of 2026, net income was $35.6 million, down from $99.7 million in the prior year.

Operationally, Herbalife's total assets increased to $2,857.7 million as of June 30, 2026, compared to $2,785.9 million at the end of 2025. The company’s cash and cash equivalents rose to $370.5 million from $353.1 million, while total liabilities also increased to $3,324.6 million from $3,295.3 million. The company’s shareholders’ deficit improved to $466.9 million from $509.4 million, reflecting a reduction in accumulated deficit and an increase in paid-in capital.

In terms of strategic developments, Herbalife completed several acquisitions, including the purchase of assets from Bioniq for $55 million, which is expected to enhance its personalized nutrition offerings. The company also initiated a restructuring program aimed at improving operational efficiency, which has already yielded significant cost savings. Additionally, Herbalife continues to expand its product offerings and enhance its digital capabilities to better serve its Members and customers.

Looking ahead, Herbalife remains focused on navigating the challenges posed by global inflation and geopolitical tensions while capitalizing on growth opportunities in existing markets. The company plans to continue investing in its infrastructure and product development to drive future sales growth.