Herbalife LTD. (HLF) Financial Statements
Industry: Drugs, Proprietaries & Druggists' Sundries (Wholesale)
In fiscal 2025, Herbalife reported revenue of $5.04B, up 0.9% from $4.99B the year before. Net income was $228.3M (a 4.5% net margin), or $2.20 per diluted share. Gross margin was 77.9% and operating margin was 9.5%. Operating activities generated $333.3M of cash, leaving $252.9M of free cash flow. At fiscal year end, Herbalife held $2.79B in total assets against $3.30B in total liabilities, including $353.1M of cash and equivalents.
Open the full interactive Herbalife financials → Quarterly statements, key ratios, valuation history and price charts.
Herbalife Key Stats
| Share Price | $14.21 |
|---|---|
| Market Cap | $1.48B |
| P/E Ratio | 6.5 |
| Revenue YoY Growth | +0.9% |
| 52-Week Range | $7.75 – $19.96 |
| Shares Outstanding | 104.5 million (basic, 2026 Q2) |
Herbalife Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $5.54B | $5.80B | $5.20B | $5.06B | $4.99B | $5.04B |
| Cost of Goods Sold | $1.15B | $1.24B | $1.17B | $1.19B | $1.10B | $1.11B |
| Gross Profit | $4.39B | $4.56B | $4.03B | $3.87B | $3.89B | $3.92B |
| Operating Income | $640.6M | $734.1M | $545.2M | $356.4M | $385.9M | $481.0M |
| Pre-Tax Income | $516.4M | $560.8M | $424.8M | $203.0M | $169.4M | $275.1M |
| Income Tax | $143.8M | $113.6M | $103.5M | $60.8M | -$84.9M | $47.3M |
| Net Income | $372.6M | $447.2M | $321.3M | $142.2M | $254.3M | $228.3M |
| Diluted EPS | $2.77 | $4.13 | $3.23 | $1.42 | $2.50 | $2.20 |
Herbalife Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.27B | $1.28B | $1.32B | $1.33B |
| Net Income | $43.2M | $85.4M | $61.9M | -$26.3M |
| Diluted EPS | $0.42 | $0.82 | $0.57 | -$0.25 |
Herbalife Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.05B | $601.5M | $508.0M | $575.2M | $415.3M | $353.1M |
| Current Assets | $1.78B | $1.43B | $1.36B | $1.40B | $1.14B | $1.14B |
| Total Assets | $3.08B | $2.82B | $2.73B | $2.81B | $2.73B | $2.79B |
| Current Liabilities | $1.13B | $1.08B | $976.6M | $1.28B | $1.23B | $1.01B |
| Total Long-Term Debt | $2.43B | $2.76B | $2.69B | $2.56B | $2.26B | $1.99B |
| Total Liabilities | $3.93B | $4.21B | $4.00B | $3.87B | $3.53B | $3.30B |
| Shareholders' Equity | -$856.1M | -$1.39B | -$1.27B | -$1.06B | -$801.1M | -$515.1M |
Herbalife Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $628.6M | $460.3M | $352.5M | $357.5M | $285.4M | $333.3M |
| Cash From Investing | -$123.2M | -$156.4M | -$156.2M | -$134.8M | -$84.6M | -$108.7M |
| Cash From Financing | -$320.9M | -$728.6M | -$264.7M | -$148.3M | -$335.3M | -$295.5M |
| Free Cash Flow | $516.6M | $308.9M | $196.1M | $222.5M | $163.4M | $252.9M |
Figures from Herbalife's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Herbalife financials page for every line item.
Herbalife Company Profile
| Ticker | HLF |
|---|---|
| Exchange | NYSE |
| Industry | Drugs, Proprietaries & Druggists' Sundries (Wholesale) |
| Headquarters | George Town, Cayman Islands |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001180262 |
Frequently Asked Questions
What was Herbalife's revenue in fiscal 2025?
Herbalife (HLF) reported revenue of $5.04B for fiscal 2025.
What is Herbalife's annual revenue history?
Herbalife's annual revenue by fiscal year: 2020: $5.54B; 2021: $5.80B; 2022: $5.20B; 2023: $5.06B; 2024: $4.99B; 2025: $5.04B.
What was Herbalife's net income in fiscal 2025?
Herbalife reported net income of $228.3M for fiscal 2025.
What was Herbalife's earnings per share (EPS) in fiscal 2025?
Herbalife's diluted EPS was $2.20 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Herbalife generate in fiscal 2025?
Herbalife generated $252.9M of free cash flow in fiscal 2025.
What was Herbalife's revenue last quarter?
In its most recent reported quarter (2026 Q2), Herbalife reported revenue of $1.33B.
How much debt does Herbalife have?
Herbalife reported $1.99B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Herbalife are outstanding?
Herbalife reported a weighted average of 104.5 million basic shares outstanding in 2026 Q2.
What is Herbalife's market cap?
Based on its latest closing price, Herbalife (HLF) has a market capitalization of about $1.48B.
When does Herbalife's fiscal year end?
Herbalife's fiscal year end, as registered with the SEC, is December 31.
Where is Herbalife headquartered?
Herbalife lists its business address in George Town, Cayman Islands in its SEC filings.