What were FitLife Brands’ (NASDAQ:FTLF) total revenues for Q1 2026?

FitLife Brands reported total revenue of $25.3 million for Q1 2026, a 59% increase compared to $15.9 million in the same period last year. This growth was primarily driven by the consolidation of the recently acquired Irwin Naturals business.

How did FitLife Brands’ wholesale division perform in Q1 2026?

FitLife’s wholesale division saw a dramatic 166% increase in revenue, reaching $14.1 million. This surge was largely due to the addition of Irwin Naturals’ brick-and-mortar retail relationships, significantly expanding the company’s wholesale distribution channel.

How did FitLife Brands’ online sales perform in Q1 2026?

FitLife’s online sales grew by a modest 6% to $11.2 million in Q1 2026. While this growth was positive, it was outpaced by the significant increase in wholesale revenue due to the Irwin Naturals acquisition.

How did the acquisition of Irwin Naturals impact FitLife Brands' profitability in Q1 2026?

The inclusion of Irwin Naturals’ lower-margin product profile pulled down overall gross margins, with gross margin falling to 37.6% from 43.1% in the prior year. This shift in the revenue mix led to a slight decline in net income for the quarter.

What was FitLife Brands' net income in Q1 2026?

FitLife Brands reported net income of $1.7 million, or $0.17 per diluted share, for Q1 2026. This was a 15% decrease from the $2.0 million, or $0.20 per share, reported in the same period last year. The decline was partly due to higher amortization and interest expenses related to the Irwin transaction.

FitLife Brands revenue jumps 59% on Irwin Naturals integration

Written by Isaac FrancisPublished May. 14 2026Last Updated May. 14 2026

FitLife Brands (NASDAQ:FTLF) reported a sharp increase in first-quarter revenue, driven by the consolidation of its recently acquired Irwin Naturals business.

While the acquisition massively expanded the company's wholesale distribution channel, the inclusion of Irwin’s lower-margin product profile pulled down overall gross margins and led to a slight decline in net income.

FitLife Brands announced that total revenue for the first quarter ended March 31, 2026, surged 59% to $25.3 million, up from $15.9 million in the same period last year.

The top-line growth was driven by the wholesale division, which skyrocketed 166% to $14.1 million, directly reflecting the addition of Irwin Naturals' brick-and-mortar retail relationships.

Online sales grew a modest 6% to $11.2 million.

The shift in the revenue mix heavily impacted the company's profitability metrics.

Gross margin fell to 37.6% from 43.1% in the prior year, a compression management attributed entirely to Irwin’s historically lower-margin structure compared to Legacy FitLife brands.

Net income for the quarter declined 15% to $1.7 million, or $0.17 per diluted share, down from $2.0 million, or $0.20 per diluted share, a year ago.

The earnings drop was exacerbated by higher amortization and interest expenses tied to the financing of the Irwin transaction.

Adjusted EBITDA dipped 3% to $3.3 million.

FitLife ended the quarter with approximately $40.6 million in net debt, consisting of $37.6 million outstanding on its term loan and $4.2 million drawn on its revolving credit facility.