XML 34 R20.htm IDEA: XBRL DOCUMENT
v3.26.1

Segment Information | 3 Months Ended
--- | ---
Mar. 31, 2026
Segment Information [Abstract] |
Segment Information | 11. Segment Information The Company reports revenue from nine segments, consisting of its seven geographic Nu Skin segments—Americas, Southeast Asia/Pacific, Mainland China, Japan, Europe & Africa, South Korea, and Hong Kong/Taiwan—and two Rhyz segments—Manufacturing and Rhyz Other. The Nu Skin Other category includes miscellaneous corporate revenue and related adjustments. The Rhyz Other segment includes two operating segments that are aggregated into one reporting segment and includes other investments by our Rhyz business arm. The Chief Executive Officer is the chief operating decision maker (“CODM”). These segments reflect the way the CODM evaluates the Company's business performance and allocates resources. Reported revenue includes only the revenue generated by sales to external customers. Profitability by segment as determined under US GAAP is driven primarily by the Company’s transfer pricing policies. Segment contribution, which is the Company’s segment profitability metric presented in the table below, excludes certain intercompany charges, specifically royalties, license fees, transfer pricing, discrete charges and other miscellaneous items. These charges have been included in Corporate and other expenses. Corporate and other expenses also include costs related to the Company’s executive and administrative offices, information technology, research and development, and marketing and supply chain functions not recorded at the segment level. The accounting policies of the segments are the same as those described in Note 2, “Summary of Significant Accounting Policies.” The Company evaluates the performance of its segments based on segment contribution. Each segment records direct expenses related to its employees and its operations. 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 March 31, 2026 |
|  | Nu Skin |  |  | Rhyz |  |  |  |
|  |  |  |  | Southeast Asia/ |  |  | Mainland |  |  |  |  |  | Europe & |  |  | Hong Kong/ |  |  | South |  |  |  |  |  | Rhyz |  |  | Total |
|  | Americas |  |  | Pacific |  |  | China |  |  | Japan |  |  | Africa |  |  | Taiwan |  |  | Korea |  |  | Manufacturing(1) |  |  | Other |  |  | Segments |
Revenue |  | $ | 57,818 |  |  | $ | 45,474 |  |  | $ | 45,148 |  |  | $ | 39,739 |  |  | $ | 31,218 |  |  | $ | 27,457 |  |  | $ | 25,329 |  |  | $ | 44,925 |  |  | $ | 3,734 |  |  | $ | 320,842 |
Cost of sales |  |  | 14,226 |  |  |  | 11,184 |  |  |  | 8,005 |  |  |  | 8,583 |  |  |  | 8,007 |  |  |  | 4,320 |  |  |  | 5,486 |  |  |  | 38,889 |  |  |  | 4,354 |  |  |  | 103,054 |
Other segment items(2) |  |  | 32,591 |  |  |  | 24,987 |  |  |  | 27,320 |  |  |  | 19,792 |  |  |  | 19,460 |  |  |  | 14,489 |  |  |  | 12,560 |  |  |  | 6,118 |  |  |  | 7,088 |  |  |  | 164,405 |
Segment contribution |  | $ | 11,001 |  |  | $ | 9,303 |  |  | $ | 9,823 |  |  | $ | 11,364 |  |  | $ | 3,751 |  |  | $ | 8,648 |  |  | $ | 7,283 |  |  | $ | (82 | ) |  | $ | (7,708 | ) |  | $ | 53,383 |
|  | Three Months Ended March 31, 2025 |
|  | Nu Skin |  |  | Rhyz |  |  |  |
|  |  |  |  | Southeast Asia/ |  |  | Mainland |  |  |  |  |  | Europe & |  |  | Hong Kong/ |  |  | South |  |  |  |  |  | Rhyz |  |  | Total |
|  | Americas |  |  | Pacific |  |  | China |  |  | Japan |  |  | Africa |  |  | Taiwan |  |  | Korea |  |  | Manufacturing(1) |  |  | Other |  |  | Segments |
Revenue |  | $ | 69,058 |  |  | $ | 52,172 |  |  | $ | 47,775 |  |  | $ | 42,765 |  |  | $ | 33,021 |  |  | $ | 28,447 |  |  | $ | 32,515 |  |  | $ | 55,290 |  |  | $ | 2,918 |  |  | $ | 363,961 |
Cost of sales |  |  | 17,766 |  |  |  | 12,999 |  |  |  | 8,988 |  |  |  | 8,755 |  |  |  | 8,374 |  |  |  | 5,052 |  |  |  | 6,441 |  |  |  | 44,975 |  |  |  | 1,289 |  |  |  | 114,639 |
Other segment items(2) |  |  | 35,545 |  |  |  | 27,023 |  |  |  | 28,235 |  |  |  | 22,156 |  |  |  | 19,985 |  |  |  | 13,705 |  |  |  | 15,321 |  |  |  | 8,536 |  |  |  | 4,009 |  |  |  | 174,515 |
Segment contribution |  | $ | 15,747 |  |  | $ | 12,150 |  |  | $ | 10,552 |  |  | $ | 11,854 |  |  | $ | 4,662 |  |  | $ | 9,690 |  |  | $ | 10,753 |  |  | $ | 1,779 |  |  | $ | (2,380 | ) |  | $ | 74,807 |
| (1) | The Manufacturing segment had $7.3 million and $8.9 million of intersegment revenue for the three months ended March 31, 2026 and 2025, 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.
|  | Three Months Ended |
|  | March 31, |
|  | 2026 |  |  | 2025 |
Total segment revenue |  | $ | 320,842 |  |  | $ | 363,961 |
Core Nu Skin Adjustments |  |  | (234 | ) |  |  | 529 |
Total revenue |  | $ | 320,608 |  |  | $ | 364,490 |
|  | Three Months Ended |
|  | March 31, |
|  | 2026 |  |  | 2025 |
Total segment contribution |  | $ | 53,383 |  |  | $ | 74,807 |
Corporate and Other |  |  | (49,357 | ) |  |  | (84,710 | )
Operating income (loss) |  |  | 4,026 |  |  |  | (9,903 | )
Interest expense |  |  | 4,250 |  |  |  | 3,283 |
Gain on sale of business |  |  | - |  |  |  | 176,162 |
Other income (expense), net |  |  | 2,823 |  |  |  | (28,375 | )
Income before provision for income taxes |  | $ | 2,599 |  |  | $ | 134,601 |
Depreciation and Amortization
|  | Three Months Ended |
|  | March 31, |
(U.S. dollars in thousands) |  | 2026 |  |  | 2025 |
Nu Skin |  |  |  |  |  |
Americas |  | $ | 41 |  |  | $ | 50 |
Southeast Asia/Pacific |  |  | 169 |  |  |  | 190 |
Mainland China |  |  | 1,785 |  |  |  | 2,068 |
Japan |  |  | 55 |  |  |  | 57 |
Europe & Africa |  |  | 171 |  |  |  | 264 |
Hong Kong/Taiwan |  |  | 250 |  |  |  | 377 |
South Korea |  |  | 87 |  |  |  | 174 |
Total Nu Skin |  |  | 2,558 |  |  |  | 3,180 |
Rhyz |  |  |  |  |  |  |  |
Manufacturing |  |  | 3,250 |  |  |  | 3,334 |
Rhyz Other |  |  | 340 |  |  |  | 912 |
Total Rhyz |  |  | 3,590 |  |  |  | 4,246 |
Corporate and Other |  |  | 6,194 |  |  |  | 6,780 |
Total |  | $ | 12,342 |  |  | $ | 14,206 |
Capital Expenditures
|  | Three Months Ended |
|  | March 31, |
(U.S. dollars in thousands) |  | 2026 |  |  | 2025 |
Nu Skin |  |  |  |  |  |
Americas |  | $ | 7 |  |  | $ | 13 |
Southeast Asia/Pacific |  |  | 10 |  |  |  | - |
Mainland China |  |  | 265 |  |  |  | 478 |
Japan |  |  | 3 |  |  |  | - |
Europe & Africa |  |  | 44 |  |  |  | 6 |
Hong Kong/Taiwan |  |  | 23 |  |  |  | 68 |
South Korea |  |  | 7 |  |  |  | - |
Total Nu Skin |  |  | 359 |  |  |  | 565 |
Rhyz |  |  |  |  |  |  |  |
Manufacturing |  |  | 4,692 |  |  |  | 5,674 |
Rhyz Other |  |  | - |  |  |  | 16 |
Total Rhyz |  |  | 4,692 |  |  |  | 5,690 |
Corporate and other |  |  | 8,663 |  |  |  | 7,329 |
Total |  | $ | 13,714 |  |  | $ | 13,584 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-15 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-42 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-1 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (ee) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 11: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 12: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 13: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 14: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 15: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 16: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 17: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-34 Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26C -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26B -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/280/tableOfContent Reference 24: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26 Reference 25: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration