FTLF earnings analysis
What we found in FTLF's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
The supplied excerpt does not include the current-quarter income statement, balance sheet, cash-flow statement, segment results, or MD&A, so revenue, margin, EPS, cash flow, working-capital, and year-over-year trend analysis cannot be determined. The principal disclosed exposures are $36,055 of Irwin Term Loan borrowings, $2,000 of Credit Line borrowings, and unhedged foreign-currency exposure after the 2023 MRC acquisition. No quantitative guidance is provided, and management reports no material changes to the risk factors from the Form 10-K.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Partial interest-rate protection
- The company had $36,055 outstanding under the Irwin Term Loan, with $17,750 swapped to a fixed rate, reducing interest-rate variability on that portion. Credit Line borrowings were $2,000 as of June 30, 2026.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Debt and interest-rate exposure
- The company had $36,055 outstanding under the Irwin Term Loan and $2,000 under its Credit Line as of June 30, 2026. Borrowings under the Credit Agreement expose results to interest-rate changes, although $17,750 of the term loan was fixed through a swap.
- Unhedged foreign-currency exposure
- Following the 2023 MRC acquisition, the company has increased foreign-currency exposure. It entered into zero foreign-currency hedging transactions during the three months ended June 30, 2026, leaving results exposed to exchange-rate movements and foreign-market conditions.
- No updated risk-factor disclosure
- The filing states that management is not aware of any material changes to the risk factors in the Form 10-K for the year ended December 31, 2025, filed June 30, 2026. Consequently, no new quantified risk-factor update is disclosed in the supplied 10-Q text.
What they said about what is next.
No quantitative revenue or EPS outlook is provided in the supplied 10-Q text. The filing states that management is not aware of any material changes to the risk factors in the Form 10-K filed June 30, 2026.
The filing reads about the same as the one before it.
What came before.
- 10-Q · May 14, 2026
- FitLife Brands, Inc. reported Q1 2026 earnings with significant improvements in revenue and gross profit primarily due to the acquisition of Irwin Naturals, though net income reflects a decline year-over-year. While…
- 10-K · April 21, 2026
- FitLife Brands’ 10-K/A (filed Apr 21, 2026) shows a H2 2025 revenue pickup (Q3 $23.0M, Q4 $26.0M) after lower early-2025 quarters, but cash-flow volatility with a $39.0M negative free cash flow in 2025Q3 and recovery to…
- 10-K · March 31, 2026
- FitLife grew revenue 26% year-over-year to $81.458 million in 2025, driven primarily by the August 8, 2025 acquisition of Irwin (purchase price $42.5 million). However, gross margin compressed to 38.6% (from 43.6% in…
- 10-Q · November 13, 2025
- FitLife reported Q3 revenue of $23.485M (vs. $15.977M a year earlier), driven largely by the August 2025 Irwin acquisition which contributed $6.821M in the quarter. Gross margin compressed to 37.2% and diluted EPS fell…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
Read the next one first.
We read every filing FTLF makes the day it lands, and put it next to what the options market did about it. Members get both, and an alert when a filing arrives.
Cancel anytime · Month to month · Switch tiers whenever