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Form 8-K

sec.gov

8-K — Lifevantage Corp

Accession: 0001193125-26-371265

Filed: 2026-08-27

Period: 2026-08-27

CIK: 0000849146

SIC: 2834 (PHARMACEUTICAL PREPARATIONS)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — lfvn-20260827.htm (Primary)

EX-99.1 (lfvn-ex99_1.htm)

GRAPHIC (img3529843_0.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: lfvn-20260827.htm · Sequence: 1

8-K

0000849146falseLifevantage Corp00008491462026-08-272026-08-27

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 27, 2026

Lifevantage Corporation

(Exact name of Registrant as Specified in Its Charter)

Delaware

001-35647

90-0224471

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

3300 N. Triumph Blvd, Suite 700

Lehi, Utah

84043

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (801) 432-9000

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.0001

LFVN

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On August 27, 2026, LifeVantage Corporation (the “Company”) issued a press release announcing its financial results for the fourth quarter and full fiscal year ended June 30, 2026. A copy of the Company’s press release is attached as Exhibit 99.1 to this report and incorporated by reference.

The information furnished in this Item 2.02 and the exhibit hereto shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.

Description

99.1

Press Release issued by the Company on August 27, 2026, announcing its financial results for the fourth quarter and full fiscal year ended June 30, 2026.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

LIFEVANTAGE CORPORATION

Date:

August 27. 2026

By:

/s/ Carl A. Aure

Name: Carl A. Aure

Title: Chief Financial Officer

EX-99.1

EX-99.1

Filename: lfvn-ex99_1.htm · Sequence: 2

EX-99.1

LifeVantage Announces Financial Results for the Fourth Fiscal Quarter and Full Fiscal Year 2026

Salt Lake City, UT, August 27, 2026, LifeVantage Corporation (Nasdaq: LFVN), a leading health and wellness company with products designed to activate optimal health processes at the cellular level, today reported financial results for its fourth fiscal quarter ended June 30, 2026.

Fourth Quarter Fiscal 2026 Summary*:

Revenue was $42.4 million, a decrease of 23.1% from the prior year period;

Revenue in the Americas decreased 24.8%, and revenue in Asia/Pacific & Europe decreased 16.9%;

Net income per diluted share was $0.10, versus $0.15 per diluted share a year ago;

Adjusted earnings per diluted share was $0.11, compared to $0.17 a year ago; and

Adjusted EBITDA was $2.7 million compared to $4.8 million a year ago.

* All comparisons are on a year over year basis and compare the fourth quarter of fiscal 2026 to the fourth quarter of fiscal 2025, unless otherwise noted.

Fiscal Year 2026 Summary*:

Revenue was $182.6 million, a decrease of 20.1% from the prior year period;

Revenue in the Americas decreased 23.2%, and revenue in Asia/Pacific & Europe decreased 6.9%;

Net income per diluted share was $0.40, versus $0.75 per diluted share a year ago;

Adjusted earnings per diluted share was $0.56, compared to $0.82 a year ago; and

Adjusted EBITDA was $13.7 million compared to $22.1 million a year ago.

* All comparisons are fiscal year 2026 to fiscal year 2025.

"It's a privilege to lead LifeVantage at this stage of its journey and my conviction about this Company is stronger today than when I accepted the role," said Terrence Moorehead, President and Chief Executive Officer. "With a differentiated, science-backed platform, strong gross margins and a debt-free balance sheet, our foundation is strong and I believe we have a real competitive advantage. Our early focus will be on strengthening the LifeVantage brand, building a more relevant consumer proposition, and driving operational excellence. Despite the challenges reflected in our recent results, I'm optimistic about what lies ahead. We intend to move forward with a real sense of urgency and look forward to sharing more about our strategy as our work progresses."

Fourth Quarter Fiscal 2026 Results

For the fourth quarter ended June 30, 2026, the Company reported revenue of $42.4 million, a 23.1% decrease compared to revenue of $55.1 million in the fourth quarter of fiscal 2025. Revenue in the Americas region decreased 24.8% and revenue in the Asia/Pacific & Europe region decreased 16.9%. These decreases were primarily due to due to downward pressure in the number of orders from our active account base and lower average order size, reflecting impacts from the broader macro-economic environment, as well lower sales of our MindBody GLP-1 System cycling the higher comparable fourth quarter of fiscal 2025, partially offset by sales of LoveBiome, which we acquired in October 2025.

Gross profit for the fourth quarter of fiscal 2026 was $33.0 million, or 78.0% of revenue, compared to $44.0 million, or 79.9% of revenue, for the same period in fiscal 2025. The decrease in gross profit as a percentage of revenue was primarily due to a shift in product mix, inventory obsolescence expenses, and increases in shipping related expenses.

Commissions and incentives expense for the fourth quarter of fiscal 2026 was $17.5 million, or 41.3% of revenue, compared to $23.2 million, or 42.1% of revenue, for the same period in fiscal 2025. The decrease in commissions and incentives expenses as a percentage of revenue compared to the prior year period is primarily due to the timing and magnitude of promotional and incentive programs and changes to the sales mix between customers and independent consultants.

Selling, general and administrative (SG&A) expense for the fourth quarter of fiscal 2026 was $13.9 million, or 32.7% of revenue, compared to $18.7 million, or 33.9% of revenue, for the same period in fiscal 2025. The decrease in SG&A expenses as a percentage of revenue was primarily due to decreases in variable employee compensation expenses and lower event related expenses.

Operating income for the fourth quarter of fiscal 2026 was $1.7 million compared to $2.1 million for the same period in fiscal 2025. Adjusted non-GAAP operating income for the fourth quarter of fiscal 2026 was $1.8 million compared to adjusted non-GAAP operating income of $2.5 million for the same period in fiscal 2025.

Net income for the fourth quarter of fiscal 2026 was $1.3 million, or $0.10 per diluted share, compared to $2.0 million, or $0.15 per diluted share for the same period in fiscal 2025. Adjusted non-GAAP net income for the fourth quarter of fiscal 2026 was $1.4 million, or $0.11 per diluted share, compared to adjusted non-GAAP income of $2.3 million, or $0.17 per diluted share, in the same period of fiscal 2025.

Adjusted EBITDA was $2.7 million for the fourth quarter of fiscal 2026, versus $4.8 million for the comparable period in fiscal 2025.

Full Year Fiscal 2026 Results

For the fiscal year ended June 30, 2026, the Company reported revenue of $182.6 million, a 20.1% decrease compared to revenue of $228.5 million in fiscal 2025. Revenue in the Americas region decreased 23.2% and revenue in the Asia/Pacific & Europe region decreased 6.9%. These decreases were primarily due to declines in sales of the MindBody GLP-1 SystemÒ, declines in the number of orders from our active account base, and average order size. These declines were partially offset by sales of LoveBiome, which the Company acquired in October 2025.

Gross profit for fiscal 2026 was $141.6 million, or 77.6% of revenue, compared to $183.7 million, or 80.4% of revenue in fiscal 2025. The decrease in gross profit as a percentage of revenue was primarily due to an allowance for inventory obsolescence related to the MindBody GLP-1 SystemÒ, along with a shift in product mix. Adjusted for the allowance for inventory obsolescence, non-GAAP gross profit for fiscal 2026 was $144.1 million, or 78.9% of revenue.

Commissions and incentives expense for fiscal 2026 was $77.1 million, or 42.2% of revenue, compared to $102.3 million, or 44.7% of revenue in fiscal 2025. The decrease in commissions and incentives expenses as a percentage of revenue compared to the prior year is primarily due to changes in the sales mix between our independent consultants and customers along with the timing and magnitude of promotional and incentive programs.

Selling, general and administrative (SG&A) expense for fiscal 2026 was $58.4 million, or 32.0% of revenue, compared to $69.2 million, or 30.3% of revenue in fiscal 2025. The increase in SG&A expenses as a percentage of

revenue was primarily due to an overall decrease in sales during the year partially offset by decreases in the variable portion of employee related compensation expenses.

Operating income for fiscal 2026 was $6.1 million compared to $12.2 million in fiscal 2025. Adjusted non-GAAP operating income for fiscal 2026 was $8.6 million compared to adjusted non-GAAP operating income of $13.3 million in fiscal 2025.

Net income for fiscal 2026 was $5.1 million, or $0.40 per diluted share, compared to $9.8 million, or $0.75 per diluted share in fiscal 2025. Adjusted non-GAAP net income for fiscal 2026 was $7.2 million, or $0.56 per diluted share, compared to adjusted non-GAAP income of $10.6 million, or $0.82 per diluted share in fiscal 2025.

Adjusted EBITDA was $13.7 million in fiscal 2026 versus $22.1 million in fiscal 2025.

Balance Sheet & Liquidity

The Company generated $10.2 million of cash from operations during fiscal 2026 compared to $11.9 million in fiscal 2025. The Company's cash and cash equivalents at June 30, 2026 were $14.9 million, compared to $20.2 million at June 30, 2025, and there was no debt outstanding.

Share Repurchase

During fiscal 2026, the Company repurchased approximately 336,000 of its common shares for an aggregate price of approximately $2.0 million. As of June 30th, there was $58.5 million remaining under the $60 million share repurchase program approved by the Company’s Board of Directors in January.

Fiscal 2027 Guidance

Due to the recent transition in the Chief Executive Officer role, the Company is not issuing formal guidance for fiscal 2027 at this time.

Conference Call Information

The Company will hold an investor conference call today at 2:30 p.m. MST (4:30 p.m. EST). Investors interested in participating in the live call can dial (877) 704-4453 from the U.S. or international callers can dial (201) 389-0920. A telephone replay will be available approximately two hours after the call concludes and will be available through Thursday, September 17, 2026, by dialing (844) 512-2921 from the U.S. and entering confirmation code 13761673, or (412) 317-6671 from international locations, and entering confirmation code 13761673.

There will also be a simultaneous, live webcast available on the Investor Relations section of the Company's web site at https://investor.lifevantage.com/events-and-presentations. The webcast will be archived for approximately 30 days.

About LifeVantage Corporation

LifeVantage Corporation (Nasdaq: LFVN), the Activation company, is a pioneer in nutrigenomics—the study of how nutrition and naturally occurring compounds can unlock your genes and the health coded within. Our products work with your unique biology and help your body make what it needs for health. The line of scientifically validated activators includes the flagship Protandim® family of products, TrueScience® Liquid Collagen, the MindBody GLP-1 SystemÒ, the newest comprehensive gut activator from LoveBiome P84, the Activation-supporting nutrients such as Omega, D3+, and the Rise AM & Reset PM System®, as well as AXIO® nootropic and hydration energy drink mixes, the full TrueScience® line of skin and hair care products, and Petandim®, a pet supplement formulated to combat oxidative stress in dogs. Our independent Consultants sell our products to Customers and share the business opportunity with entrepreneurs seeking to begin their own business. LifeVantage was founded in 2003 and is headquartered in Lehi, Utah. For more information, visit www.lifevantage.com.

Cautionary Note Regarding Forward Looking Statements

This document contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words and expressions reflecting optimism, satisfaction or disappointment with current prospects, as well as words such as "believe," "will," "hopes," "intends," "estimates," "expects," "projects," "plans," "anticipates," "look forward to," "goal," “may be,” and variations thereof, identify forward-looking statements, but their absence does not mean that a statement is not forward-looking. The declaration and/or payment of a dividend during any quarter provides no assurance as to future dividends, and the timing and amount of future dividends, if any, could vary significantly in comparison both to past dividends and to current expectations. Examples of forward-looking statements include, but are not limited to, expected financial performance, including revenue margins, statements we make regarding executing against and the benefits of our key initiatives, future growth, including geographic and product expansion, and expected dividend payments in future quarters. Such forward-looking statements are not guarantees of performance and the Company's actual results could differ materially from those contained in such statements. These forward-looking statements are based on the Company's current expectations and beliefs concerning future events affecting the Company and involve known and unknown risks and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein. These risks and uncertainties include, among others, further deterioration to the global economic and operating environments, as well as those discussed in greater detail in the Company's Annual Report on Form 10-K and the Company's Quarterly Report on Form 10-Q under the caption "Risk Factors," and in other documents filed by the Company from time to time with the Securities and Exchange Commission (the “SEC”). The Company cautions investors not to place undue reliance on the forward-looking statements contained in this document. All forward-looking statements are based on information currently available to the Company on the date

hereof, and the Company undertakes no obligation to revise or update these forward-looking statements to reflect events or circumstances after the date of this document, except as required by law.

About Non-GAAP Financial Measures

We define Non-GAAP EBITDA as earnings before interest expense, income taxes, depreciation and amortization and Non-GAAP Adjusted EBITDA as earnings before interest expense, income taxes, depreciation and amortization, stock compensation expense, other income, net, and certain other adjustments. Non-GAAP EBITDA and Non-GAAP Adjusted EBITDA may not be comparable to similarly titled measures reported by other companies. We define Non-GAAP Net Income as GAAP net income less certain tax adjusted non-recurring one-time expenses incurred during the period and Non-GAAP Earnings per Share as Non-GAAP Net Income divided by weighted-average shares outstanding.

We are presenting Non-GAAP EBITDA, Non-GAAP Adjusted EBITDA, Non-GAAP Net Income and Non-GAAP Earnings Per Share because management believes that they provide additional ways to view our operations when considered with both our GAAP results and the reconciliation to net income, which we believe provides a more complete understanding of our business than could be obtained absent this disclosure. Non-GAAP EBITDA, Non-GAAP Adjusted EBITDA, Non-GAAP Net Income and Non-GAAP Earnings Per Share are presented solely as supplemental disclosure because: (i) we believe these measures are a useful tool for investors to assess the operating performance of the business without the effect of these items; (ii) we believe that investors will find this data useful in assessing shareholder value; and (iii) we use Non-GAAP EBITDA, Non-GAAP Adjusted EBITDA, Non-GAAP Net Income and Non-GAAP Earnings Per Share internally as benchmarks to evaluate our operating performance or compare our performance to that of our competitors. The use of Non-GAAP EBITDA, Non-GAAP Adjusted EBITDA, Non-GAAP Net Income and Non-GAAP Earnings per Share has limitations and you should not consider these measures in isolation from or as an alternative to the relevant GAAP measure of net income prepared in accordance with GAAP, or as a measure of profitability or liquidity.

The tables set forth below present reconciliations of Non-GAAP EBITDA, Non-GAAP Adjusted EBITDA, Non-GAAP Net Income and Non-GAAP Earnings per Share, which are non-GAAP financial measures to Net Income and Earnings per Share, our most directly comparable financial measures presented in accordance with GAAP.

Investor Relations Contacts:

Reed Anderson, ICR

(646) 277-1260

reed.anderson@icrinc.com

LIFEVANTAGE CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

June 30, 2026

June 30, 2025

(In thousands, except per share data)

ASSETS

Current assets

Cash and cash equivalents

$

14,920

$

20,201

Accounts receivable

2,990

3,294

Income tax receivable

1,386

635

Inventory, net

16,167

20,669

Prepaid expenses and other

2,834

6,095

Total current assets

38,297

50,894

Property and equipment, net

7,310

6,207

Right-of-use assets

6,715

8,041

Intangible assets, net

3,058

245

Goodwill

465

Deferred income tax asset

5,629

5,970

Other long-term assets

637

601

TOTAL ASSETS

$

62,111

$

71,958

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current liabilities

Accounts payable

$

5,156

$

4,600

Commissions payable

5,724

7,237

Lease liabilities

1,935

1,867

Other accrued expenses

7,412

13,513

Total current liabilities

20,227

27,217

Long-term lease liabilities

7,933

9,811

Other long-term liabilities

362

289

Total liabilities

28,522

37,317

Commitments and contingencies

Stockholders’ equity

Preferred stock — par value $0.0001 per share, 5,000 shares authorized, no shares issued or outstanding

Common stock — par value $0.0001 per share, 40,000 shares authorized and 12,518 and 12,429 issued and outstanding as of June 30, 2026 and June 30, 2025, respectively

1

1

Additional paid-in capital

138,924

139,962

Accumulated deficit

(103,462

)

(104,147

)

Accumulated other comprehensive loss

(1,874

)

(1,175

)

Total stockholders’ equity

33,589

34,641

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

$

62,111

$

71,958

LIFEVANTAGE CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

Three Months Ended

June 30,

(unaudited)

Year Ended June 30,

2026

2025

2026

2025

(In thousands, except per share data)

Revenue, net

$

42,377

$

55,114

$

182,586

$

228,530

Cost of sales

9,334

11,065

40,973

44,864

Gross profit

33,043

44,049

141,613

183,666

Operating expenses:

Commissions and incentives

17,503

23,222

77,094

102,260

Selling, general and administrative

13,874

18,679

58,419

69,207

Total operating expenses

31,377

41,901

135,513

171,467

Operating income

1,666

2,148

6,100

12,199

Other income (expense):

Interest income, net

33

111

164

431

Other expense, net

(3

)

137

(198

)

(387

)

Total other income (expense)

30

248

(34

)

44

Income before income taxes

1,696

2,396

6,066

12,243

Income tax expense

(417

)

(437

)

(994

)

(2,438

)

Net income

$

1,279

$

1,959

$

5,072

$

9,805

Net income per share:

Basic

$

0.10

$

0.16

$

0.40

$

0.80

Diluted

$

0.10

$

0.15

$

0.40

$

0.75

Weighted-average shares outstanding:

Basic

12,472

12,326

12,534

12,251

Diluted

12,558

13,128

12,702

12,987

LIFEVANTAGE CORPORATION AND SUBSIDIARIES

Revenue by Region

Three Months Ended June 30,

(unaudited)

Year Ended June 30,

2026

2025

2026

2025

Americas

$

32,710

77.2

%

$

43,477

78.9

%

$

142,716

78.2

%

$

185,723

81.3

%

Asia/Pacific & Europe

9,667

22.8

%

11,637

21.1

%

39,870

21.8

%

42,807

18.7

%

Total

$

42,377

100.0

%

$

55,114

100.0

%

$

182,586

100.0

%

$

228,530

100.0

%

Active Accounts

(unaudited)

As of June 30,

2026

2025

Change from Prior Year

Percent Change

Active Independent Consultants

Americas

28,000

65.1

%

34,000

63.3

%

(6,000

)

(17.6

)%

Asia/Pacific & Europe

15,000

34.9

%

17,000

36.7

%

(2,000

)

(11.8

)%

Total Active Independent Consultants

43,000

100.0

%

51,000

100.0

%

(8,000

)

(15.7

)%

Active Customers

Americas

48,000

78.7

%

66,000

79.7

%

(18,000

)

(27.3

)%

Asia/Pacific & Europe

13,000

21.3

%

15,000

20.3

%

(2,000

)

(13.3

)%

Total Active Customers

61,000

100.0

%

81,000

100.0

%

(20,000

)

(24.7

)%

Active Accounts

Americas

76,000

73.1

%

100,000

73.4

%

(24,000

)

(24.0

)%

Asia/Pacific & Europe

28,000

26.9

%

32,000

26.6

%

(4,000

)

(12.5

)%

Total Active Accounts

104,000

100.0

%

132,000

100.0

%

(28,000

)

(21.2

)%

LIFEVANTAGE CORPORATION AND SUBSIDIARIES

Reconciliation of GAAP Net Income to Non-GAAP EBITDA and Non-GAAP Adjusted EBITDA:

(unaudited)

Three Months Ended June 30,

Year Ended June 30,

2026

2025

2026

2025

(In thousands)

GAAP Net Income

$

1,279

$

1,959

$

5,072

$

9,805

Interest income, net

(33

)

(111

)

(164

)

(431

)

Provision for income taxes

417

437

994

2,438

Depreciation and amortization

697

750

2,773

3,156

Non-GAAP EBITDA

2,360

3,035

8,675

14,968

Adjustments:

Stock compensation expense

263

1,542

2,346

5,702

Other expense (income), net

3

(137

)

198

387

Other adjustments(1)

123

343

2,513

1,054

Total adjustments

389

1,748

5,057

7,143

Non-GAAP Adjusted EBITDA

$

2,749

$

4,783

$

13,732

$

22,111

(1) Other adjustments breakout:

MB System allowance for inventory obsolescence

(56

)

2,495

LoveBiome acquisition costs

201

Change in fair value of earnout

(400

)

Executive and non-recurring severance expenses, net

41

57

41

244

Executive team recruiting and transition expenses

38

562

Other nonrecurring expenses, net of credits

138

248

176

248

Total adjustments

$

123

$

343

$

2,513

$

1,054

LIFEVANTAGE CORPORATION AND SUBSIDIARIES

Reconciliation of GAAP Net Income to Non-GAAP Net Income and Non-GAAP Adjusted EPS:

(unaudited)

Three Months Ended June 30,

Year Ended June 30,

2026

2025

2026

2025

(In thousands, except per share data)

GAAP Net Income

$

1,279

$

1,959

$

5,072

$

9,805

Adjustments:

MB System allowance for inventory obsolescence

(56

)

2,495

LoveBiome acquisition costs

201

Change in fair value of earnout

(400

)

Key management severance expenses

41

57

41

244

Executive team recruiting and transition expenses

38

562

Other nonrecurring expenses, net of credits

138

248

176

248

Tax impact of adjustments(1)

18

(46

)

(412

)

(210

)

Total adjustments, net of tax

141

297

2,101

844

Non-GAAP Net income:

$

1,420

$

2,256

$

7,173

$

10,649

June 30, 2026

June 30, 2025

2026

2025

2026

2025

Diluted earnings per share, as reported

$

0.10

$

0.15

$

0.40

$

0.75

Total adjustments, net of tax

0.01

0.02

0.17

0.06

Diluted earnings per share, as adjusted(2)

$

0.11

$

0.17

$

0.56

$

0.82

(1) Tax impact is based on the estimated annual tax rate for the years ended June 30, 2026 and 2025, respectively.

(2) May not add due to rounding.

Reconciliation of GAAP Gross Profit to Non-GAAP Gross Profit

(Unaudited)

Three Months Ended June 30,

Year Ended June 30,

2026

2025

2026

2025

(In thousands, except percentage data)

Revenue, net

$

42,377

$

55,114

$

182,586

$

228,530

Cost of sales

9,334

11,065

40,973

44,864

GAAP Gross profit

33,043

44,049

141,613

183,666

GAAP Gross profit percentage

78.0

%

79.9

%

77.6

%

80.4

%

Adjustments:

MindBody GLP-1 System™ allowance for inventory obsolescence

(56

)

2,495

GAAP Gross profit

32,987

44,049

144,108

183,666

GAAP Gross profit percentage

77.8

%

79.9

%

78.9

%

80.4

%

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v3.26.1

Document And Entity Information

Aug. 27, 2026

Cover [Abstract]

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8-K

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Aug. 27, 2026

Entity Registrant Name

Lifevantage Corp

Entity Central Index Key

0000849146

Entity Emerging Growth Company

false

Entity File Number

001-35647

Entity Incorporation, State or Country Code

DE

Entity Tax Identification Number

90-0224471

Entity Address, Address Line One

3300 N. Triumph Blvd, Suite 700

Entity Address, City or Town

Lehi

Entity Address, State or Province

UT

Entity Address, Postal Zip Code

84043

City Area Code

(801)

Local Phone Number

432-9000

Written Communications

false

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Common Stock, par value $0.0001

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LFVN

Security Exchange Name

NASDAQ

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