THE BEACHBODY COMPANY INC | 10-Q: FY2025 Q3 Revenue: USD 59.89 M

Revenue: As of FY2025 Q3, the actual value is USD 59.89 M.

EPS: As of FY2025 Q3, the actual value is USD 0.51.

EBIT: As of FY2025 Q3, the actual value is USD 5.742 M.

Segment Revenue

• Digital Revenue: $36.4 million for Q3 2025, a decrease of 32% from $53.7 million in Q3 2024.
• Nutrition and Other Revenue: $23.5 million for Q3 2025, a decrease of 50% from $47.4 million in Q3 2024.
• Connected Fitness Revenue: No revenue for Q3 2025, compared to $1.1 million in Q3 2024.

Operational Metrics

• Net Income: $3.6 million for Q3 2025, compared to a net loss of $12.0 million in Q3 2024.
• Gross Margin: 74.6% for Q3 2025, an increase of 730 basis points from 67.3% in Q3 2024.
• Operating Expenses: $39.7 million for Q3 2025, compared to $81.8 million in Q3 2024.

Cash Flow

• Net Cash Provided by Operating Activities: $16.8 million for the nine months ended September 30, 2025, compared to $9.3 million for the same period in 2024.

Unique Metrics

• Digital Subscriptions: 0.90 million as of September 30, 2025, compared to 1.11 million as of September 30, 2024.
• Nutritional Subscriptions: 0.07 million as of September 30, 2025, compared to 0.13 million as of September 30, 2024.

Future Outlook and Strategy

• Core Business Focus: The company is focusing on digital content and nutritional products, with a strategic shift from a multi-level marketing model to a single-level affiliate model, which has significantly reduced Partner compensation expenses.
• Non-Core Business: The company has ceased the sale of connected fitness inventory, reflecting a strategic decision to focus on core digital and nutritional offerings.
• Priority: The company is working on amending financial covenants in its ABL Facility to ensure compliance and maintain liquidity, with discussions expected to conclude by February 28, 2026.