Nutriband 2026 Q2 Earnings Deepening Losses Amid Revenue Surge

Nutriband (NTRB) reported its fiscal 2026 Q2 earnings on September 9, 2025, showing a significant revenue increase but widening losses. While the company delivered strong top-line growth, the earnings shortfall worsened compared to the previous year. The performance missed positive expectations and no guidance adjustments were provided, signaling ongoing challenges.

Revenue

Nutriband's total revenue for 2026 Q2 increased by 40.6% year-over-year to $622,452, up from $442,830 in the same period in 2025. This marked a notable performance on the revenue front, driven by increased market demand and operational expansion in key markets.

Earnings/Net Income

Despite the strong revenue growth, Nutriband's earnings performance deteriorated significantly. The company reported a loss of $2.12 per share in 2026 Q2, a 1313.3% wider loss compared to $0.15 per share in 2025 Q2. Net losses also widened to $2 million for the quarter, a 17.3% increase from the $1.71 million loss in the prior year. This marks the seventh consecutive year of losses for the company during the same quarter, underscoring persistent financial challenges.

Price Action

The stock price of Nutriband has seen negative momentum in recent trading periods. Over the latest trading day, the stock dropped 2.09%, while it fell 1.46% over the full trading week. The decline accelerated to 14.73% month-to-date, reflecting investor concerns over the company’s earnings performance.

Post Earnings Price Action Review

Nutriband CEO John Mercer acknowledged the company's operational difficulties in 2026 Q2, citing challenges in market demand and supply chain inefficiencies that contributed to the negative financial results. He highlighted a negative EPS of $-2.12 and a net loss of $-2.00 million, which he attributed to higher-than-expected operational costs and reduced consumer spending in key markets. Mercer outlined strategic initiatives aimed at addressing these issues, including targeted investments in digital infrastructure and product diversification to strengthen the company’s long-term market position. He emphasized the importance of operational discipline and expressed cautious optimism about the company’s ability to adapt to evolving market conditions while delivering sustainable value for stakeholders.

Guidance

The CEO confirmed a revenue target of $622.45 million for 2026 Q2, aligning with the reported figures. He reiterated a commitment to cost optimization as a key strategy to mitigate ongoing losses. Forward-looking plans include selective capital expenditures to support innovation and improve market responsiveness, though the company did not provide specific EPS guidance for the current or future periods.

Additional News

In related Nigerian business news, the Nigerian Stock Exchange (NGX) recorded an uptick of N254 billion, signaling investor confidence in the market. Political developments saw the African Democratic Congress (ADC) calling on the media to hold public officials accountable. In education, Google reported that Nigerian students are increasingly relying on AI for academic support. Additionally, the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) announced the suspension of its ongoing strike.