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The financials
Herbalife Ltd. by the numbers
Herbalife Ltd. (HLF) reported revenue of $1.32B in Q1 2026 (quarter ended Mar 31, 2026), up 7.8% from the same quarter a year earlier. That came with a gross margin of 78% and net income of $62M (4.7% of revenue). For the full year FY2025, revenue was $5.04B (+0.9% year on year) and net income $228M. Its largest region in Jun 2026 was Others at $504M, 38% of the disclosed total, ahead of India at 20%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $1.32B | $1.22B | +7.8% |
| Gross profit | $1.03B | $957M | +7.3% |
| Operating income | $138M | $123M | +13% |
| Net income | $62M | $50M | +23% |
| Diluted EPS | $0.57 | $0.49 | +16% |
| Geographic | Revenue | Share |
|---|---|---|
| Others | $504M | 38% |
| India | $271M | 20% |
| United States | $266M | 20% |
| Mexico | $161M | 12% |
| Vietnam | $65M | 4.9% |
| China | $60M | 4.6% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Jun 2026Total $1.33B (+0.73%)
India grew +33% year on yearChina -25% year on year
Segment Latestquarter on quarteryear on year
- Others$503.9M$503.9MQoQ -1.6%year on year -1.7%-1.6%-1.7%
- India$270.6M$270.6MQoQ -1.7%year on year +33%-1.7%+33%
- United States$266.3M$266.3MQoQ +10%year on year +0.38%+10%+0.38%
- Mexico$161.0M$161.0MQoQ +4.5%year on year +17%+4.5%+17%
- Vietnam$64.6M$64.6MQoQ -17%year on year +7.3%-17%+7.3%
- China$60.4M$60.4MQoQ +6.0%year on year -25%+6.0%-25%