Herbalife Nutrition Ltd. (HLF) — Financial statements
Income statement, balance sheet, and cash flow for Herbalife Nutrition Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 5,038↑0.9% | 4,993↓1.4% | 5,062↓2.7% | 5,204↓10.3% | 5,803 | |
| Cost of Revenue | 1,229↑11.3% | 1,104↓7.3% | 1,191↑1.5% | 1,174↓5.3% | 1,239 | |
| Gross Profit | 3,809↓2.1% | 3,889↑0.4% | 3,871↓4.0% | 4,031↓11.7% | 4,564 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 1,664↓4.7% | 1,747 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 1,782↑3774.8% | 46 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 3,447↑92.2% | 1,793↓3.9% | 1,866↑3.1% | 1,810↓10.0% | 2,012 | |
| Other Expenses | -79↓104.6% | 1,710↑3.7% | 1,649↓1.6% | 1,675↓7.8% | 1,817 | |
| Operating Expenses | 3,367↓3.9% | 3,503↓0.3% | 3,515↑0.8% | 3,486↓9.0% | 3,829 | |
| Total Costs & Expenses | 4,596↓0.2% | 4,607↓2.1% | 4,706↑1.0% | 4,659↓8.1% | 5,069 | |
| Operating Results | ||||||
| Operating Income | 442↑14.4% | 386↑8.3% | 356↓34.6% | 545↓25.7% | 734 | |
| Depreciation & Amortization | 121↓0.2% | 121↑7.1% | 113↓1.8% | 115↑7.2% | 108 | |
| EBITDA | 563↑10.5% | 509↑5.6% | 482↓29.0% | 680↓17.3% | 822 | |
| EBIT | 442↑13.9% | 388↑5.1% | 369↓34.6% | 564↓21.0% | 714 | |
| Interest & Other Income | ||||||
| Net Interest Income | -206↑0.0% | -206↓33.4% | -154↓15.9% | -133↑10.4% | -149 | |
| Interest Income | 9↓30.9% | 12↑7.0% | 12↑88.5% | 6↑38.6% | 4 | |
| Interest Expense | 214↓1.8% | 218↑31.6% | 166↑19.1% | 139↓9.0% | 153 | |
| Non-Operating Income | 0.00↑100.0% | -2↑85.6% | -13↑33.9% | -19↓193.6% | 20 | |
| Other Income / Expenses | -166↑23.1% | -217↓41.1% | -153↓27.4% | -120↑30.5% | -173 | |
| Income Before Tax | 275↑62.4% | 169↓16.6% | 203↓52.2% | 425↓24.3% | 561 | |
| Income Tax Expense | 47↑155.1% | -85↓239.6% | 61↓41.3% | 104↓8.9% | 114 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 228↓10.2% | 254↑78.8% | 142↓55.7% | 321↓28.2% | 447 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 228↓10.2% | 254↑78.8% | 142↓55.7% | 321↓28.2% | 447 | |
| Bottom-Line Net Income | 228↓10.2% | 254↑78.8% | 142↓55.7% | 321↓28.2% | 447 | |
| EPS (Basic) | 2.22↓12.3% | 2.53↑75.7% | 1.44↓55.8% | 3.26↓22.7% | 4.22 | |
| EPS (Diluted) | 2.20↓12.0% | 2.50↑76.1% | 1.42↓56.0% | 3.23↓21.8% | 4.13 | |
| Weighted Average Shares | 103↑2.2% | 101↑1.6% | 99↑0.5% | 99↓7.0% | 106 | |
| Weighted Average Diluted Shares | 104↑2.0% | 102↑1.4% | 100↑0.7% | 100↓8.1% | 108 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.