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Lifevantage Sales Plummet Amid GLP-1 System Decline
28 Aug
Summary
- Lifevantage's Q4 net revenue fell 23.1% to $42.4 million year-over-year.
- Sales declined due to fewer orders and lower average order sizes.
- Gross profit margin decreased slightly from 79.9% to 78.0%.
Lifevantage experienced a substantial 23.1% decrease in net revenue for its fourth quarter, concluding on June 30, 2026. The company's revenue for the quarter was $42.4 million, a decline from $55.1 million in the same period last year. This reduction was largely due to fewer customer orders and a smaller average order size.
The performance was also impacted by reduced sales of the MindBody GLP-1 System, although this was partially offset by contributions from the acquired LoveBiome. The Americas region saw a 24.8% revenue decrease. Despite the overall sales dip, subscriptions accounted for over 75% of fourth-quarter revenue, and customer retention metrics improved compared to the previous year.
Furthermore, Lifevantage's gross profit margin saw a slight decline to 78.0% in the fourth quarter, down from 79.9% a year prior. This was attributed to a shift in product mix, increased inventory obsolescence expenses, and higher shipping and warehouse costs.
