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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