Key Highlights

  • A 65% rise carried Revenue to USD 26.5 million in the quarter ended June 30, 2026, up from USD 16.1 million, with the Irwin Naturals Acquisition supplying much of the increase.
  • The gross Margin slid to 37.0% from 42.8%, chiefly because the acquired Irwin Naturals operation carries a thinner margin profile.
  • Diluted earnings per share reached 0.20 for the June 2026 quarter, against 0.18, supported by USD 1.95 million of Net Income and USD 3.7 million of adjusted EBITDA.
  • On June 30, 2026, net Debt was USD 37.0 million, calculated as USD 36.1 million on the term Loan plus USD 2.0 million on the revolver, less USD 1.1 million of cash.

Irwin Naturals Acquisition Frames the November 16, 2026 Comparison for FitLife Brands (NASDAQ:FTLF)

On Monday, November 16, 2026, FitLife Brands (NASDAQ:FTLF) is slated to present third quarter 2026 numbers for the period ended September 30, 2026. Irwin Naturals was bought on August 8, 2025, which means last year's third quarter included that Business only from the acquisition date, a Factor that shrinks how comparable the year-over-year figures are. Six-month revenue of USD 51.9 million, with second quarter revenue at USD 26.5 million, implies first-quarter revenue of USD 25.4 million, a calculated figure.

Wholesale and Online Channels Drive Latest Profit Gains at FitLife Brands (NASDAQ:FTLF)

FitLife Brands (NASDAQ:FTLF) booked wholesale sales of USD 14.6 million in the June quarter, accounting for 55% of revenue, while online sales of USD 11.9 million grew 14%. Net income advanced roughly 12%, rising from USD 1.7 million to USD 1.95 million, and adjusted EBITDA improved 10%, moving from USD 3.3 million to USD 3.7 million. Six-month net income totalled USD 3.7 million. Dayton Judd, Chairman and Chief Executive Officer, said he was pleased by sequential expansion in wholesale and online revenue, and no formal financial guidance has been released.

Debt Paydown Priorities and Leverage Risk at FitLife Brands (NASDAQ:FTLF)

Basic earnings per share were USD 0.21, compared with USD 0.19 a year earlier. Annualizing second quarter adjusted EBITDA of USD 3.7 million gives roughly USD 14.7 million, so the USD 37.0 million of net debt equals about 2.5 times that figure, a calculated ratio. FitLife Brands (NASDAQ:FTLF) plans to direct excess free Cash Flow toward reducing debt, and it expects the Irwin sales mix to tilt further toward online over time. For FitLife Brands (NASDAQ:FTLF), the principal exposures are margin erosion tied to acquired products, borrowing levels, reliance on wholesale retail partners and oversight of supplements by regulators.

Where Things Stand

Revenue at FitLife Brands (NASDAQ:FTLF) climbed 65% to USD 26.5 million on the back of the acquisition, while the gross margin of 37.0%, versus 42.8%, reflects a different cost structure. The report due November 16, 2026 comes next, and net income of USD 1.95 million plus Diluted Earnings per Share of 0.20 suggest profit has kept up with the larger revenue base. Cash of USD 1.1 million is slim, but surplus cash flow is set aside for debt reduction. The third quarter release from FitLife Brands (NASDAQ:FTLF) should indicate whether sequential channel growth continued and how fast the USD 37.0 million of net debt comes down.