Herbalife Q4 Sales Grow 6.3% to $1.28B as Baupost Raises Holding 19%
Baupost Group boosted its Herbalife stake by 19% in Q4, making it one of its largest portfolio increases. Herbalife delivered Q4 CY2025 revenue of $1.28 billion (up 6.3% year-on-year) and adjusted EBITDA of $173.4 million (15.4% beat), while adjusted EPS of $0.45 fell 5.6% short.
1. Baupost Group Increases Herbalife Stake
In the fourth quarter, Seth Klarman’s Baupost Group raised its Herbalife position by 19%, marking it as one of the fund’s top portfolio increases and signaling confidence in the company’s long-term outlook.
2. Q4 CY2025 Financial Performance
Herbalife reported Q4 CY2025 revenue of $1.28 billion, up 6.3% year-on-year, and achieved adjusted EBITDA of $173.4 million, beating internal targets by 15.4%. Adjusted EPS came in at $0.45, missing forecasts by 5.6% and reflecting margin pressure.
3. Guidance and Future Outlook
For Q1 CY2026, Herbalife guided to $1.28 billion in revenue at the midpoint (1.4% above prior targets) and set full-year 2026 adjusted EBITDA guidance at $690 million, underscoring expectations for continued cash-flow generation and margin expansion.