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Segment Information (Tables)
9 Months Ended
Sep. 30, 2025
Segment Information [Abstract]  
Summarized Financial Information by Segment
Summarized financial information for the Company’s reportable segments is shown in the following tables. Asset information is not reviewed or included with the Company’s internal management reporting. Therefore, the Company has not disclosed asset information for each reportable segment.

 
Three Months Ended September 30, 2025
 
 
Nu Skin
 
Rhyz
     
 
Americas
 
Southeast Asia/
Pacific
 
Mainland
China
 
Japan
 
Europe &
Africa
 
South
Korea
 
Hong Kong/
Taiwan
 
Manufacturing (1)
 
Rhyz
Other
 
Total
Segments
 
Revenue
 
$
63,994
   
$
56,285
   
$
42,519
   
$
44,545
   
$
38,002
   
$
35,202
   
$
31,799
   
$
47,648
   
$
3,973
   
$
363,967
 
Cost of sales
   
16,682
     
13,734
     
7,365
     
9,319
     
9,717
     
6,952
     
5,218
     
36,795
     
890
     
106,672
 
Other segment items (2)
   
33,908
     
29,708
     
28,594
     
21,989
     
22,449
     
19,131
     
16,548
     
8,254
     
4,360
     
184,941
 
Segment contribution
 
$
13,404
   
$
12,843
   
$
6,560
   
$
13,237
   
$
5,836
   
$
9,119
   
$
10,033
   
$
2,599
   
$
(1,277
)
 
$
72,354
 

 
Three Months Ended September 30, 2024
 
 
Nu Skin
 
Rhyz
     
 
Americas
 
Southeast Asia/
Pacific
 
Mainland
China
 
Japan
 
Europe &
Africa
 
South
Korea
 
Hong Kong/
Taiwan
 
Manufacturing (1)
 
Rhyz
Other
 
Total
Segments
 
Revenue
 
$
77,194
   
$
59,515
   
$
53,020
   
$
47,222
   
$
38,577
   
$
45,201
   
$
33,749
   
$
51,773
   
$
21,376
   
$
427,627
 
Cost of sales
   
20,335
     
16,708
     
10,370
     
9,541
     
9,641
     
9,768
     
6,595
     
42,547
     
2,292
     
127,797
 
Other segment items (2)
   
40,978
     
32,810
     
35,373
     
24,190
     
23,743
     
21,150
     
17,929
     
8,684
     
22,007
     
226,864
 
Segment contribution
 
$
15,881
   
$
9,997
   
$
7,277
   
$
13,491
   
$
5,193
   
$
14,283
   
$
9,225
   
$
542
   
$
(2,923
)
 
$
72,966
 

 
Nine Months Ended September 30, 2025
 
 
Nu Skin
 
Rhyz
     
 
Americas
 
Southeast Asia/
Pacific
 
Mainland
China
 
Japan
 
Europe &
Africa
 
South
Korea
 
Hong Kong/
Taiwan
 
Manufacturing (1)
 
Rhyz
Other
 
Total
Segments
 
Revenue
 
$
205,998
   
$
159,291
   
$
143,518
   
$
131,860
   
$
108,351
   
$
101,785
   
$
87,773
   
$
163,338
   
$
11,725
   
$
1,113,639
 
Cost of sales
   
52,849
     
38,758
     
26,152
     
27,109
     
27,622
     
20,451
     
14,932
     
128,733
     
3,264
     
339,870
 
Other segment items (2)
   
107,182
     
83,318
     
85,797
     
67,707
     
64,311
     
51,387
     
44,789
     
26,527
     
12,254
     
543,272
 
Segment contribution
 
$
45,967
   
$
37,215
   
$
31,569
   
$
37,044
   
$
16,418
   
$
29,947
   
$
28,052
   
$
8,078
   
$
(3,793
)
 
$
230,497
 

 
Nine Months Ended September 30, 2024
 
 
Nu Skin
 
Rhyz
     
 
Americas
 
Southeast Asia/
Pacific
 
Mainland
China
 
Japan
 
Europe &
Africa
 
South
Korea
 
Hong Kong/
Taiwan
 
Manufacturing (1)
 
Rhyz
Other
 
Total
Segments
 
Revenue
 
$
237,160
   
$
179,921
   
$
178,797
   
$
134,046
   
$
121,563
   
$
130,283
   
$
98,061
   
$
153,548
   
$
49,967
   
$
1,283,346
 
Cost of sales
   
61,755
     
48,350
     
32,346
     
26,865
     
32,388
     
26,829
     
18,828
     
122,647
     
7,319
     
377,327
 
Other segment items (2)
   
127,169
     
99,784
     
113,548
     
69,980
     
75,301
     
63,665
     
54,227
     
26,635
     
56,986
     
687,295
 
Segment contribution
 
$
48,236
   
$
31,787
   
$
32,903
   
$
37,201
   
$
13,874
   
$
39,789
   
$
25,006
   
$
4,266
   
$
(14,338
)
 
$
218,724
 

(1) The Manufacturing segment had $9.9 million and $10.9 million of intersegment revenue for the three months ended September 30, 2025 and 2024, respectively, and $27.5 million and $28.5 million for the nine months ended September 30, 2025 and 2024, respectively. Intersegment revenue is eliminated in the consolidated financial statements, as well as the reported segment revenue in the table above.
(2)
Other segment items primarily include selling expenses and general and administrative expenses.
Reconciliation of Segment Revenue to Consolidated Revenue
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
 
2025
  2024   2025   2024  
Total segment revenue
 
$
363,967
    $ 427,627     $ 1,113,639     $ 1,283,346  
Core Nu Skin adjustment
   
244
      2,518     1,200       3,186  
Total revenue
 
$
364,211
    $
430,145     $ 1,114,839     $ 1,286,532  
Reconciliation of Segment Contribution to Consolidated Income (Loss) Before Provision for Income Taxes
   
Three Months Ended
September 30,
   
Nine Months Ended
September 30,
 
   
2025
   
2024
    2025     2024  
Total segment contribution
 
$
72,354
   
$
72,966
    $ 230,497     $ 218,724  
Corporate and Other
   
(50,712
)
   
(54,735
)
    (187,978 )     (317,228 )
Operating income (loss)
   
21,642
     
18,231
      42,519       (98,504 )
Interest expense
   
4,145
     
6,500
      9,954       20,545  
Gain on sale of business                 176,162        
Other income (expense), net
   
(1,503
)
   
1,567
      (30,721 )     1,800  
Income before provision for income taxes
 
$
15,994
   
$
13,298
    $ 178,006     $ (117,249 )
Depreciation and Amortization and Capital Expenditures
Depreciation and Amortization

 
Three Months Ended
September 30,
   
Nine Months Ended
September 30,
 
(U.S. dollars in thousands)
 
2025
   
2024
   
2025
   
2024
 
Nu Skin
                       
Americas
  $ 42     $ 85     $ 135     $ 283  
Southeast Asia/Pacific
    184       227       567       650  
Mainland China
   
1,966
     
2,697
     
6,066
     
8,197
 
Japan
   
54
     
65
     
169
     
217
 
South Korea
    196       256       522       762  
Europe & Africa
   
282
     
283
      823      
830
 
Hong Kong/Taiwan
   
333
     
451
     
1,063
     
1,348
 
Total Nu Skin
   
3,057
     
4,064
     
9,345
     
12,287
 
Rhyz
                               
Manufacturing
   
3,276
     
3,460
     
9,904
     
10,227
 
Rhyz Other
   
345
     
1,679
     
1,627
     
5,531
 
Total Rhyz
   
3,621
     
5,139
     
11,531
     
15,758
 
Corporate and other
   
5,413
     
8,118
     
18,473
     
25,316
 
Total
 
$
12,091
   
$
17,321
   
$
39,349
   
$
53,361
 

Capital Expenditures

 
Three Months Ended
September 30,
   
Nine Months Ended
September 30,
 
(U.S. dollars in thousands)
 
2025
   
2024
   
2025
   
2024
 
Nu Skin
                       
Americas
  $ 25     $ 38     $ 44     $ 71  
Southeast Asia/Pacific
    202       7       281       25  
Mainland China
   
151
     
690
     
1,099
     
4,957
 
Japan
   
128
     
101
      128       122  
South Korea
   
31
     
7
     
49
     
29
 
Europe & Africa
    2       97       13       386  
Hong Kong/Taiwan
   
11
     
174
     
131
     
410
 
Total Nu Skin
   
550
     
1,114
     
1,745
     
6,000
 
Rhyz
                               
Manufacturing
   
2,495
   
1,209
     
4,157
     
3,673
 
Rhyz Other
   
     
490
     
16
     
1,559
 
Total Rhyz
   
2,495
   
1,699
     
4,173
     
5,232
 
Corporate and other
   
6,869
     
5,783
     
17,599
     
17,768
 
Total
 
$
9,914
   
$
8,596
   
$
23,517
   
$
29,000