FITLIFE BRANDS, INC. (FTLF) Form 8-K — May 14, 2026
FitLife Brands reported Q1 2026 revenue of $25.3 million, a 59% year-over-year increase driven primarily by the acquisition of Irwin, which contributed $10.3 million in wholesale revenue. However, net income declined 15% to $1.7 million and gross margin compressed to 37.6% from 43.1% in the prior year, reflecting Irwin’s historically lower margins and higher amortization and interest expenses. Legacy FitLife revenue declined 22% year-over-year, with wholesale sales down 28% due to lower sales to partners like GNC and online sales down 18% driven by weaker performance from the MRC brand.
Key figures
- Eps
- 0.18
- Revenue
- 25325000
- Net Income
- 1720000
- Debt Amount
- 0
- Revenue Yoy
- 59%
- Cash Position
- 1192000
- Gross Proceeds
- 0
- Gross Margin
- 37.6%
- Online Revenue
- 11200000
- Adjusted Ebitda
- 3326000
- Wholesale Revenue
- 14100000
- Adjusted Ebitda Yoy
- -3%
- Irwin Amazon Run Rate
- 9600000
- Revolver Outstanding
- 4200000
- Term Loan Outstanding
- 37600000
- Gross Margin Prior Year
- 43.1%
Price after filing
Close on the filing date to close N calendar days later (from $10.24). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.