Herbalife (HLF) Net Margin (2009 - 2026)

Herbalife has disclosed Net Margin across 18 years of filings, most recently posting 4.65% for Q1 2026.

• Net Margin for Q1 2026 came in at 4.65%, up 52.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.68% (up 202.0% YoY), and the FY2025 annual result was 7.61%, up 252.0% from the prior year.
• Net Margin came in at 4.65% for Q1 2026 at Herbalife, down from 18.77% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 18.77% in Q4 2025 to a low of 37.47% in Q4 2022.
• The 5-year median for Net Margin is 3.91% (2025), against an average of 2.7%.
• Across the five-year window, Net Margin slumped 4036 bps in 2022 and jumped 3492 bps in 2023, its largest moves.
• Herbalife's Net Margin stood at 37.47% in 2022, then soared by 93 bps to 2.54% in 2023, then soared by 679 bps to 14.73% in 2024, then increased by 27 bps to 18.77% in 2025, then plunged by 75 bps to 4.65% in 2026.
• The last three Net Margin figures came in at 4.65% (Q1 2026), 18.77% (Q4 2025), and 3.38% (Q3 2025), per Business Quant data.