Herbalife Nutrition Ltd. (HLF) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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HLF Revenue Growth
Revenue Breakdown (FY 2025)
HLF's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
HLF Revenue Analysis (2014–2025)
As of May 8, 2026, Herbalife Nutrition Ltd. (HLF) generated trailing twelve-month (TTM) revenue of $5.13 billion, reflecting solid growth of +7.8% year-over-year. The most recent quarter (Q1 2026) recorded $1.32 billion in revenue, up 2.7% sequentially.
Looking at the longer-term picture, HLF's 5-year compound annual growth rate (CAGR) stands at -1.9%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $5.80 billion in 2021.
Revenue diversification analysis shows HLF's business is primarily driven by Weight Management (55%), Targeted Nutrition (30%), and Energy Sports And Fitness (12%). With over half of revenue concentrated in Weight Management, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Defensive sector peers including NUS (-14.3% YoY), USNA (+8.3% YoY), and NATR (+7.3% YoY), HLF has underperformed the peer group in terms of revenue growth. Compare HLF vs NUS →
HLF Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| HLFCurrent | $5.1B | +7.8% | -1.9% | 8.8% | |
 NUS | $1.5B | -14.3% | -10.5% | 6.1% | |
 USNA | $925M | +8.3% | -4.0% | 5.5% | |
 NATR | $480M | +7.3% | +4.5% | 5.2% | |
 MGPI | $536M | -20.4% | +6.3% | -17.6% | |
 RVLV | $1.2B | +10.0% | +16.1% | 6.1% |
HLF Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $5.04B | +0.9% | $3.81B | 75.6% | $441.5M | 8.8% |
| 2024 | $4.99B | -1.4% | $3.89B | 77.9% | $385.9M | 7.7% |
| 2023 | $5.06B | -2.7% | $3.87B | 76.5% | $356.4M | 7.0% |
| 2022 | $5.20B | -10.3% | $4.03B | 77.4% | $545.2M | 10.5% |
| 2021 | $5.80B | +4.7% | $4.56B | 78.6% | $734.1M | 12.7% |
| 2020 | $5.54B | +13.6% | $4.39B | 79.2% | $640.6M | 11.6% |
| 2019 | $4.88B | -0.3% | $3.92B | 80.4% | $568.1M | 11.6% |
| 2018 | $4.89B | +10.5% | $3.97B | 81.2% | $683.1M | 14.0% |
| 2017 | $4.43B | -1.4% | $3.58B | 80.8% | $617.1M | 13.9% |
| 2016 | $4.49B | +0.4% | $3.63B | 81.0% | $458.1M | 10.2% |
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Start ComparisonHLF — Frequently Asked Questions
Quick answers to the most common questions about buying HLF stock.
Is HLF's revenue growth accelerating or slowing?
HLF maintains +7.8% revenue growth, in line with its 5-year CAGR of -1.9%. TTM revenue stands at $5.1B. Growth rate remains consistent with historical average.
What is HLF's long-term revenue growth rate?
Herbalife Nutrition Ltd.'s 5-year revenue CAGR of -1.9% reflects the sustained expansion pattern. Current YoY growth of +7.8% is near this long-term average.
How is HLF's revenue distributed by segment?
HLF reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.