FitLife Brands, Inc. Q1 2026 Earnings Recap

FitLife’s stock rallied 10.2% following a first quarter marked by revenue growth driven primarily by the Irwin acquisition and sequential improvement in monthly revenue, despite ongoing margin pressures and organic revenue declines in core segments.

Key Takeaways

• Total revenue grew 59% year-over-year to $25.3 million, led by the Irwin acquisition, with Legacy FitLife revenue declining 22% year-over-year.
• Gross margin contracted to 37.6% from 43.1% a year ago, reflecting Irwin’s lower margins, although both legacy and acquired businesses showed sequential margin improvement.
• Adjusted EBITDA declined 3% year-over-year to $3.3 million, mainly due to higher amortization and interest expense related to the acquisition.
• Legacy FitLife contribution decreased 27% to $4.3 million, with both online and wholesale sales down, impacted by lost revenue from major wholesale customers.
• Irwin reported a 13% organic revenue decline largely due to out-of-stock issues but showed promising growth in its Amazon channel, with subscriber counts on Amazon increasing more than tenfold during the quarter.