HERBALIFE LTD. (HLF) FY2025 10-K Annual Report

Filed: Feb 18, 2026
Consumer Staples
Wholesale-Drugs, Proprietaries & Druggists' SundriesSEC EDGAR

HERBALIFE LTD. (HLF) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 18, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

HERBALIFE LTD. FY2025 10-K Analysis

Business Overview

  • Core business: Global health and wellness company using direct-selling model with independent Members distributing nutrition and lifestyle products in 95 markets
  • New products: Launched HL/Skin skincare line in Europe/Africa, Protein Gelato in Brazil, MultiBurn metabolic supplement and Life I/O™ healthy lifespan brand in North America
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Management Discussion & Analysis

  • Revenue $5,037.5M, up 0.9% YoY (+$44.4M); local currency sales up 2.5%
  • Operating margin 9.6% in 2025 vs 7.7% in 2024; net income $228.3M, down 10.2% YoY due to $132.2M higher income taxes
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Risk Factors

  • Regulatory risk: Compliance with FTC Consent Order, failure could materially harm business and financial results
  • Geopolitical risk: China market requires modified business model amid political and legal uncertainties
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HERBALIFE LTD. FY2025 Key Financial Metrics
XBRL

Revenue

$5.0B

+0.9% YoY

Net Income

$228M

-10.2% YoY

Gross Margin

77.9%

-1bp YoY

Operating Margin

9.5%

+182bp YoY

Net Margin

4.5%

-56bp YoY

ROE

-44.3%

-1258bp YoY

Total Assets

$2.8B

+2.1% YoY

EPS (Diluted)

$2.20

-12.0% YoY

Operating Cash Flow

$333M

+16.8% YoY

Source: XBRL data from HERBALIFE LTD. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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