NATURAL HEALTH TRENDS CORP (NHTC) Form 10-Q — Oct 28, 2026
Natural Health Trends Corp. reported Q3 2026 net sales of $7.6 million, down 20% year-over-year, with a nine-month net loss of $837,000 versus $294,000 a year earlier. The decline was driven by Hong Kong (83% of revenue), where cautious Chinese consumer spending, regulatory uncertainty, and member misconduct terminations weighed on sales. A new risk factor highlights China's SAMR draft revision to anti-pyramid-selling regulations released May 29, 2026, which management says has already hurt sales in Q2 and Q3 and could force restructuring or direct-selling license efforts in the region.
Key figures
- Revenue
- 7560000
- Total Assets
- 27261000
- Cash Position
- 5818000
- Shares Outstanding
- 8492557
- Active members
- 27040
- Q3 2025 revenue
- 9477000
- Working capital
- 11600000
- Dividends paid 9m
- 1700000
- Dividend per share 2026
- 0.1
- Hk share of revenue pct
- 83
- Nine month revenue 2025
- 30027000
- Nine month revenue 2026
- 24369000
- Buyback program remaining
- 15900000
- Cash and marketable securities
- 17600000
- Share buyback broady trusts value
- 5900000
- Share buyback broady trusts shares
- 2935227
AI analysis
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