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Natural Health Trends Reports Third Quarter 2026 Financial Results

Key Takeaway: Natural Health Trends Corp. reported steady revenue of $7.6 million for Q3 2026, but a 20% decline from the previous year. The company narrowed its operating loss to $277,000, down from $643,000 in Q2 2026. Active Members increased to 27,040, reflecting efforts to improve member engagement despite ongoing challenges.
Price reaction · baseline $0.8593 (2026-10-27 close) · hit pre-market · clean, no other NHTC news in the window
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Market Sentiment Analysis

POSITIVE FACTORS

  • Active Member count increased to 27,040.
  • Operating loss narrowed by 57% compared to the prior quarter.
  • Company celebrated its 25th anniversary with 1,000 attendees.

CONCERNS & RISKS

  • Revenue declined 20% compared to Q3 2025.
  • Net loss increased to $232,000 from $451,000 in Q2 2026.
  • Year-to-date revenue decreased 19% compared to 2025.

Full Press Release Details

• Company successfully held its 25th anniversary celebration in Hong Kong in August
• Active Member count up, revenue steady with prior quarter
• Operating loss narrowed 57% compared to prior quarter
• Board of Directors authorized additional stock repurchases, with $15.8 million available
LOS ANGELES, Oct. 28, 2026 (GLOBE NEWSWIRE) -- Natural Health Trends Corp. (NASDAQ: NHTC), a leading direct-selling and e-commerce company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, today announced its financial results for the quarter ended September 30, 2026.
Third Quarter 2026 Financial Results
• Revenue of $7.6 million was steady compared to the $7.6 million in the second quarter of 2026 and declined 20% compared to $9.5 million in the third quarter of 2025.
• Operating loss was $277,000 compared to $643,000 in the second quarter of 2026 and $495,000 in the third quarter of 2025.
• Net loss was $232,000, or $0.03 per diluted share, compared to $451,000, or $0.05 per diluted share, in the second quarter of 2026 and $431,000, or $0.04 per diluted share, in the third quarter of 2025.
• The number of Active Members 1 was 27,040 at September 30, 2026 compared to 26,000 at June 30, 2026, 26,650 at December 31, 2025 and 28,030 at September 30, 2025.
Year-to-Date 2026 Financial Results
• Revenue of $24.4 million decreased 19% compared to $30.0 million in the first nine months of 2025.
• Operating loss was $1.4 million compared to $1.2 million in the first nine months of 2025.
• Net loss was $837,000, or $0.09 per diluted share, compared to $294,000, or $0.03 per diluted share, in the first nine months of 2025.
Management Commentary
“Consumer pessimism in our largest market, regulatory uncertainty and previously reported member code of conduct matters continued to weigh on purchasing and member activity. In response, we introduced additional incentives and lower-priced packages, which accounted for most of the year-on-year revenue decline but made our products more accessible and helped support a sequential increase in our Active Member count and steady the top line at the end of the third quarter,” commented Chris Sharng, President of Natural Health Trends Corp
Mr. Sharng continued, “Our 25th anniversary celebration brought together 1,000 attendees from around the world, sharing our vision for the future and building confidence in our business and products. We also launched a new AI-powered marketing and communication app and hosted follow-up appreciation events in three key markets. We continued our restructuring efforts to protect margins and reduce costs, contributing to a 57% reduction in operating loss compared with the preceding quarter. While conditions are still challenging, we remain focused on supporting our members.”
Balance Sheet and Cash Flow
• Net cash used in operating activities was $3.3 million in the first nine months of 2026 compared to $5.0 million in the first nine months of 2025.
• Total cash, cash equivalents and marketable securities were $17.6 million at September 30, 2026, down from $28.9 million at December 31, 2025 primarily due to the repurchase of shares of common stock and dividends paid during the first nine months of 2026, as well as cash used in operations.
• The Company repurchased 28,022 shares of its common stock on the open market for an aggregate purchase price of $27,000 during the third quarter of 2026 and an additional 57,269 shares for an aggregate purchase price of $56,000 in October 2026. The Company’s Board of Directors has since authorized additional share repurchases under its existing stock repurchase program, subject to market conditions and other relevant considerations.
Third Quarter 2026 Financial Results Conference Call
Management will host a conference call to discuss the third quarter 2026 financial results today, Wednesday, October 28, 2026 at 11:30 a.m. Eastern Time. The conference call details are as follows:
For those unable to participate during the live broadcast, a replay of the call will be available on the Company's Investor Relations website at https://ir.naturalhealthtrendscorp .
About Natural Health Trends Corp.
Natural Health Trends Corp. (NASDAQ: NHTC) is an international direct-selling and e-commerce company operating through its subsidiaries throughout Asia, the Americas, and Europe. The Company markets premium quality personal care products under the NHT Global brand. Additional information can be found on the Company’s website at www.naturalhealthtrendscorp.com .
Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Forward-looking statements in this press release do not constitute guarantees of future performance. Forward-looking statements in this press release include statements relating to the anticipated effect of restructuring activities, including expected operational efficiencies and cost savings resulting therefrom, statements regarding technology investments, future growth and profitability, and statements relating to future dividends, the declaration and payment of which will be at the sole discretion of the Company's Board of Directors. Such forward-looking statements are subject to risks and uncertainties that could cause the Company’s actual results to differ materially from those anticipated. Such risks and uncertainties include the risks and uncertainties detailed under the caption “Risk Factors” in Natural Health Trends Corp.’s Annual Report on Form 10-K filed on February 20, 2026 with the Securities and Exchange Commission (SEC), as well as in subsequent reports filed this year with the SEC. The Company assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
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CONTACT:
Scott Davidson Senior Vice President and Chief Financial Officer Natural Health Trends Corp. Tel (U.S.): 310-541-0888 investor.relations@nhtglobal.com
Released October 28, 2026

Frequently Asked Questions

What was Natural Health Trends' revenue for Q3 2026?

The revenue for Q3 2026 was $7.6 million.

How did the operating loss change in Q3 2026?

The operating loss narrowed to $277,000 from $643,000 in Q2 2026.

What was the Active Member count at the end of Q3 2026?

The Active Member count was 27,040.

How much did revenue decline compared to Q3 2025?

Revenue declined by 20% compared to Q3 2025.

Last updated: Oct 28, 2026