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Companies / Materials / MANNATECH INC
MTEX

MANNATECH INC

MaterialsChemicals
Ticker MTEXFLOWER MOUND, TXFiscal year ends DecemberBook value per share $-2.75Diluted shares 1.9M

Mannatech, Incorporated (Nasdaq: MTEX) is a global wellness solution provider that develops and sells innovative nutritional supplements, skin care and anti-aging products, and weight-management solutions targeting optimal health and wellness. The company operates through a single reporting segment focused on the… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024
Sales & profitability
$108.04M
−8.3% year over year
-0.39%
−1.6 percentage points
$-15.21M
−711.0% year over year
291.27%
+262.4 percentage points
Cash & financing
$-2.96M
−231.0% year over year
$-4.32M
−319.8% year over year
-0.66
Was 0.37× a year earlier
1.9M
+0.8% year over year

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What MANNATECH INC does

In the company’s own words

Mannatech, Incorporated (Nasdaq: MTEX) is a global wellness solution provider that develops and sells innovative nutritional supplements, skin care and anti-aging products, and weight-management solutions targeting optimal health and wellness. The company operates through a single reporting segment focused on the nutritional supplement industry, distributing products across twenty-five markets including the Americas, Europe/Middle East/Africa, and Asia/Pacific regions. The company website is https://www.mannatech.com.

Founded in November 1993, Mannatech built its business model around network marketing distribution channels, selling products through approximately 114,000 active associate and preferred customer positions as of December 31, 2025. Independent associates function as distributors and can participate in the company's global compensation plan, while preferred customers receive associate pricing without participating in the compensation structure. The company also operates a non-direct selling cross-border e-commerce subsidiary in mainland China called Meitai Daily Necessities & Health Products Co., Ltd., which allows Chinese consumers to purchase Mannatech products manufactured overseas through an online platform.

The company's product portfolio centers on proprietary glyconutrient technology, with flagship products including Ambrotose Life, TruHealth, Optimal Support Packets, and various Ambrotose formulations. Product categories span Integrative Health, Targeted Health, Weight and Fitness, Skin Care, and Essentials, with representative offerings such as Cognitate, PhytoMatrix, OsoLean, Luminovation, and EMPACT+. A significant portion of revenue derives from Ambrotose Life, TruHealth, and Optimal Support Packets.

Mannatech maintains competitive advantages through proprietary formulations based on scientific research into monosaccharides and glycoproteins, quality assurance programs requiring manufacturers to meet FDA Good Manufacturing Practices and international certifications, and extensive intellectual property protection including 57 patents across major global markets and 538 registered trademarks in 35 foreign jurisdictions. The company contracts with third-party manufacturers to maintain operational flexibility and control costs while managing supply chain risks, though it faces dependency on a single supplier for Arabinogalactan, a key ingredient in Ambrotose products.

Company details
Sector
Materials
Industry
Chemicals
Headquarters
FLOWER MOUND, TX
Fiscal year end
December
CIK
1056358
SIC
2833

Financial performance, year by year

Fiscal 2012–2025 · USD
$-35.74M$25.85M$87.43M$149.02M$210.61M20122013201420152016201720182019202020212022202320242025

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns MANNATECH INC — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

14
funds hold it
0 of 35
superinvestors hold it
$0.32M
held by funds, at market
3.2%
of shares held by funds

Largest fund holders · MANNATECH INC’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
VANGUARD INSTITUTIONAL TOTAL STOCK MARKET INDEX FUND
VITNX · VANGUARD INSTITUTIONAL INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do MANNATECH INC and its peers compare on margins and cash generation over ten years?”
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