Stocks
Niagen Bioscience Inc (NAGE)
Niagen Bioscience Inc Business Segments
Niagen Bioscience Inc (NASDAQ: NAGE )
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Description of Niagen Bioscience Inc's Business Segments
The company operates through three reportable business segments: Consumer Products, Ingredients, and Analytical Reference Standards and Services. The Consumer Products segment offers finished dietary supplement products containing proprietary ingredients under the Tru Niagen® brand. These products are marketed via direct-to-consumer channels and distributors, including proprietary e-commerce platforms, third-party online marketplaces, and strategic distribution partners. Internationally, Tru Niagen® products are sold in over 100 countries through strategic partners.
The Ingredients segment develops and commercializes proprietary ingredient technologies, including food-grade Niagen® and pharmaceutical-grade Niagen®. Food-grade Niagen® is supplied as a raw material to manufacturers of consumer products and is authorized for human consumption as a dietary supplement and recognized as Generally Recognized as Safe (GRAS) by the U.S. FDA. Pharmaceutical-grade Niagen® is supplied to U.S. FDA-registered 503B outsourcing facilities for compounding into injectable formulations. This segment focuses on regulatory compliance, safety, toxicology, clinical trials, supply chain management, and manufacturing support, selling ingredient products directly or licensing them to third parties.
The Analytical Reference Standards and Services segment, established in 1999, provides research and quality-control products and services globally to customers in the dietary supplement, food and beverage, cosmetic, pharmaceutical, and life sciences industries. It offers small quantities of highly characterized phytochemicals, natural products, and plant-based materials to support quality assurance.
Composition of Niagen Bioscience Inc Revenues by
Segments
Corporate and other
0.24 %
of total Revenue
Consumer Products segment
71.21 %
of total Revenue
Ingredients segment
27.21 %
of total Revenue
Analytical Reference Standards and Services segment
1.34 %
of total Revenue
Subtotal Niagen Related
97.13 %
of total Revenue
Tru Niagen Consumer Product
71.21 %
of total Revenue
Food-grade Niagen
23.22 %
of total Revenue
Pharmaceutical-grade Niagen
2.7 %
of total Revenue
Subtotal Other Goods and Services
2.87 %
of total Revenue
Other Ingredients
1.29 %
of total Revenue
Reference Standards
1.31 %
of total Revenue
Consulting and Other
0.27 %
of total Revenue
Consumer Products Subtotal Niagen Related
71.21 %
of total Revenue
Consumer Products Tru Niagen Consumer Product
71.21 %
of total Revenue
Ingredients Subtotal Niagen Related
25.92 %
of total Revenue
Ingredients Food-grade Niagen
23.22 %
of total Revenue
Ingredients Pharmaceutical-grade Niagen
2.7 %
of total Revenue
Ingredients Subtotal Other Goods and Services
1.29 %
of total Revenue
Ingredients Other Ingredients
1.29 %
of total Revenue
Analytical Reference Standards and Services Subtotal Other Goods and Services
1.34 %
of total Revenue
Analytical Reference Standards and Services Reference Standards
1.31 %
of total Revenue
Analytical Reference Standards and Services Consulting and Other
0.04 %
of total Revenue
Corporate and other Subtotal Other Goods and Services
0.24 %
of total Revenue
Corporate and other Consulting and Other
0.24 %
of total Revenue
Q1 three months ended (Mar 31 2026)
Revenues by Business Segments
Revenues (in millions $)
%
(of total Revenues)
Corporate and other
0.07
0.24 %
Consumer Products segment
22.41
71.21 %
Ingredients segment
8.56
27.21 %
Analytical Reference Standards and Services segment
0.42
1.34 %
Subtotal Niagen Related
30.57
97.13 %
Tru Niagen Consumer Product
22.41
71.21 %
Food-grade Niagen
7.31
23.22 %
Pharmaceutical-grade Niagen
0.85
2.7 %
Subtotal Other Goods and Services
0.90
2.87 %
Other Ingredients
0.41
1.29 %
Reference Standards
0.41
1.31 %
Consulting and Other
0.09
0.27 %
Consumer Products Subtotal Niagen Related
22.41
71.21 %
Consumer Products Tru Niagen Consumer Product
22.41
71.21 %
Ingredients Subtotal Niagen Related
8.16
25.92 %
Ingredients Food-grade Niagen
7.31
23.22 %
Ingredients Pharmaceutical-grade Niagen
0.85
2.7 %
Ingredients Subtotal Other Goods and Services
0.41
1.29 %
Ingredients Other Ingredients
0.41
1.29 %
Analytical Reference Standards and Services Subtotal Other Goods and Services
0.42
1.34 %
Analytical Reference Standards and Services Reference Standards
0.41
1.31 %
Analytical Reference Standards and Services Consulting and Other
0.01
0.04 %
Corporate and other Subtotal Other Goods and Services
0.07
0.24 %
Corporate and other Consulting and Other
0.07
0.24 %
Total
31.47
100 %
Q1 three months ended (Mar 31 2026)
Revenue Growth rates by Segment
Y/Y Revenue %
Q/Q Revenue %
Corporate and other
-
-
Consumer Products segment
4.24 %
-
Ingredients segment
4.84 %
-
Analytical Reference Standards and Services segment
-47.84 %
-
Subtotal Niagen Related
3.72 %
-
Tru Niagen Consumer Product
4.24 %
-
Food-grade Niagen
4.8 %
-
Pharmaceutical-grade Niagen
-15 %
-
Subtotal Other Goods and Services
-10.34 %
-
Other Ingredients
107.69 %
-
Reference Standards
-48.5 %
-
Consulting and Other
561.54 %
-
Consumer Products Subtotal Niagen Related
4.24 %
-
Consumer Products Tru Niagen Consumer Product
4.24 %
-
Ingredients Subtotal Niagen Related
2.32 %
-
Ingredients Food-grade Niagen
4.8 %
-
Ingredients Pharmaceutical-grade Niagen
-15 %
-
Ingredients Subtotal Other Goods and Services
107.69 %
-
Ingredients Other Ingredients
107.69 %
-
Analytical Reference Standards and Services Subtotal Other Goods and Services
-47.84 %
-
Analytical Reference Standards and Services Reference Standards
-48.5 %
-
Analytical Reference Standards and Services Consulting and Other
-7.69 %
-
Corporate and other Subtotal Other Goods and Services
-
-
Corporate and other Consulting and Other
-
-
Total
3.26 %
-75.68 %
Q1 three months ended (Mar 31 2026)
Income by Business Segments
Income (in millions $)
% (Profit Margin)
Corporate and other
0.03
45.95 %
Consumer Products segment
14.82
66.11 %
Ingredients segment
5.01
58.49 %
Analytical Reference Standards and Services segment
0.12
27.19 %
Total
6.32
20.07 %
Q1 three months ended (Mar 31 2026)
Income Growth rates by Segment
Y/Y Income %
Q/Q Income %
Corporate and other
-
-
Consumer Products segment
5.14 %
-
Ingredients segment
-1.16 %
-
Analytical Reference Standards and Services segment
-31.95 %
-
Total
24.79 %
-63.65 %
Annual Report on Niagen Bioscience Inc Divisions, Sales by Country
Consumer Products segment
75.47 %
of total Revenue
Ingredients segment
22.16 %
of total Revenue
Analytical Reference Standards and Services segment
2.38 %
of total Revenue
Subtotal Niagen Related
97.02 %
of total Revenue
Tru Niagen Consumer Product
75.47 %
of total Revenue
Food-grade Niagen
18.63 %
of total Revenue
Pharmaceutical-grade Niagen
2.92 %
of total Revenue
Subtotal Other Goods and Services
2.98 %
of total Revenue
Other Ingredients
0.6 %
of total Revenue
Reference Standards
2.32 %
of total Revenue
Consulting and Other
0.06 %
of total Revenue
Consumer Products Subtotal Niagen Related
75.47 %
of total Revenue
Consumer Products Tru Niagen Consumer Product
75.47 %
of total Revenue
Ingredients Subtotal Niagen Related
21.55 %
of total Revenue
Ingredients Food-grade Niagen
18.63 %
of total Revenue
Ingredients Pharmaceutical-grade Niagen
2.92 %
of total Revenue
Ingredients Subtotal Other Goods and Services
0.6 %
of total Revenue
Ingredients Other Ingredients
0.6 %
of total Revenue
Analytical Reference Standards and Services Subtotal Other Goods and Services
2.38 %
of total Revenue
Analytical Reference Standards and Services Reference Standards
2.32 %
of total Revenue
Analytical Reference Standards and Services Consulting and Other
0.06 %
of total Revenue
Consumer Products segments
75.47 %
of total Revenue
Ingredients segments
22.16 %
of total Revenue
Analytical Reference Standards and Services segments
2.38 %
of total Revenue
Twelve months ended 2025
NAGE s Annual Revenue by Geography and Business Segments
Sales (in millions $)
% (of total Sales)
Consumer Products segment
97.67
75.47 %
Ingredients segment
28.68
22.16 %
Analytical Reference Standards and Services segment
3.08
2.38 %
Subtotal Niagen Related
125.57
97.02 %
Tru Niagen Consumer Product
97.67
75.47 %
Food-grade Niagen
24.11
18.63 %
Pharmaceutical-grade Niagen
3.78
2.92 %
Subtotal Other Goods and Services
3.86
2.98 %
Other Ingredients
0.78
0.6 %
Reference Standards
3.00
2.32 %
Consulting and Other
0.07
0.06 %
Consumer Products Subtotal Niagen Related
97.67
75.47 %
Consumer Products Tru Niagen Consumer Product
97.67
75.47 %
Ingredients Subtotal Niagen Related
27.89
21.55 %
Ingredients Food-grade Niagen
24.11
18.63 %
Ingredients Pharmaceutical-grade Niagen
3.78
2.92 %
Ingredients Subtotal Other Goods and Services
0.78
0.6 %
Ingredients Other Ingredients
0.78
0.6 %
Analytical Reference Standards and Services Subtotal Other Goods and Services
3.08
2.38 %
Analytical Reference Standards and Services Reference Standards
3.00
2.32 %
Analytical Reference Standards and Services Consulting and Other
0.07
0.06 %
Total
129.42
100 %
Consumer Products segments
97.67
75.47 %
Ingredients segments
28.68
22.16 %
Analytical Reference Standards and Services segments
3.08
2.38 %
Twelve months ended 2025
NAGE s Annual Income by Country and Business Segments
Income (in millions $)
% (Profit Margin)
Total
17.38
13.43 %
Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments
% Y/Y Sales Growth
% Y/Y Income Growth
Consumer Products segment
27.22 %
-
Ingredients segment
44.72 %
-
Analytical Reference Standards and Services segment
2.16 %
-
Subtotal Niagen Related
30.78 %
-
Tru Niagen Consumer Product
27.22 %
-
Food-grade Niagen
37.46 %
-
Pharmaceutical-grade Niagen
122.59 %
-
Subtotal Other Goods and Services
7.59 %
-
Other Ingredients
36.06 %
-
Reference Standards
3.87 %
-
Consulting and Other
-39.17 %
-
Consumer Products Subtotal Niagen Related
27.22 %
-
Consumer Products Tru Niagen Consumer Product
27.22 %
-
Ingredients Subtotal Niagen Related
44.98 %
-
Ingredients Food-grade Niagen
37.46 %
-
Ingredients Pharmaceutical-grade Niagen
122.59 %
-
Ingredients Subtotal Other Goods and Services
36.06 %
-
Ingredients Other Ingredients
36.06 %
-
Analytical Reference Standards and Services Subtotal Other Goods and Services
2.16 %
-
Analytical Reference Standards and Services Reference Standards
3.87 %
-
Analytical Reference Standards and Services Consulting and Other
-39.17 %
-
Consumer Products segments
27.22 %
-
Ingredients segments
44.72 %
-
Analytical Reference Standards and Services segments
2.16 %
-
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