earnings
confidence high
sentiment negative
materiality 0.65
FitLife Q1 revenue up 59% to $25.3M but net income falls to $1.7M; adjusted EBITDA down 3%
FITLIFE BRANDS, INC.
2026-Q1 EPS reported
$0.17
revenue$25,325,000
- Total revenue $25.3M (+59% YoY); wholesale $14.1M (+166%), online $11.2M (+6%).
- Net income $1.7M ($0.17 diluted EPS) vs. $2.0M ($0.20) YoY; adjusted EBITDA $3.3M (-3%).
- Gross margin 37.6% vs. 43.1% driven by lower-margin Irwin acquisition; Legacy FitLife revenue down 22%.
- Irwin added $10.3M wholesale revenue; Amazon run-rate reached ~$9.6M annual; out-of-stocks caused $1-1.5M lost revenue.
- Debt: $37.6M term loan + $4.2M revolver; net debt $40.6M; cash $1.2M.