Herbalife (HLF) Cost of Revenue (2009 - 2026)

Herbalife has disclosed Cost of Revenue across 18 years of filings, most recently posting $461.8 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $461.8 million, up 74.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 billion (down 25.63% YoY), and the FY2025 annual result was $1.1 billion, down 37.48% from the prior year.
• Cost of Revenue came in at $461.8 million for Q1 2026 at Herbalife, up from $288.3 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $946.0 million in Q4 2024 to a low of $265.2 million in Q1 2025.
• The 5-year median for Cost of Revenue is $287.6 million (2023), against an average of $336.7 million.
• Across the five-year window, Cost of Revenue surged 228.93% in 2024 and plunged 69.52% in 2025, its largest moves.
• Herbalife's Cost of Revenue stood at $265.6 million in 2022, then climbed by 8.28% to $287.6 million in 2023, then soared by 228.93% to $946.0 million in 2024, then sank by 69.52% to $288.3 million in 2025, then surged by 60.18% to $461.8 million in 2026.
• The last three Cost of Revenue figures came in at $461.8 million (Q1 2026), $288.3 million (Q4 2025), and $284.2 million (Q3 2025), per Business Quant data.