THE BEACHBODY COMPANY INC | 8-K: FY2026 Q1 Revenue: USD 54.28 M

Revenue: As of FY2026 Q1, the actual value is USD 54.28 M.

EPS: As of FY2026 Q1, the actual value is USD 0.3.

EBIT: As of FY2026 Q1, the actual value is USD 3.812 M.

Segment Revenue

• Total Revenue: The Beachbody Company, Inc. (BODi) reported total revenue of $54.3 million for the first quarter of 2026, a decrease from $72.4 million in the prior year period.
• Digital Revenue: Digital revenue was $33.6 million in Q1 2026, down from $42.9 million in Q1 2025.
• Nutrition and Other Revenue: Nutrition and Other revenue totaled $20.7 million in Q1 2026, compared to $28.7 million in the prior year period.
• Connected Fitness Revenue: Connected Fitness revenue was $0.0 million in Q1 2026, a decrease from $0.8 million in Q1 2025, due to ceasing the sale of bike inventory in Q1 2025.

Operational Metrics

• Gross Margin: Gross margin improved to 71.8% in Q1 2026, up from 71.2% in Q1 2025.
• Total Operating Expenses: Total operating expenses significantly decreased to $35.9 million in Q1 2026 from $55.2 million in Q1 2025.
• Operating Income: The company reported an operating income of $3.1 million in Q1 2026, marking its third consecutive quarter of operating income, compared to an operating loss of - $3.7 million in the prior year period.
• Net Income: Net income was $2.3 million in Q1 2026, also its third consecutive quarter of net income, compared to a net loss of - $5.7 million in the prior year period.
• Adjusted EBITDA: Adjusted EBITDA increased to $8.0 million in Q1 2026 from $3.7 million in Q1 2025, marking the tenth consecutive quarter of positive Adjusted EBITDA.
• Adjusted Net Income: Adjusted net income was $2.5 million in Q1 2026, compared to a loss of - $5.1 million in the prior year period.

Cash Flow

• Operating Cash Flow: Cash used in operating activities was - $1.0 million for the three months ended March 31, 2026, compared to cash provided by operating activities of $2.3 million in the prior year period.
• Free Cash Flow: Free cash flow was - $1.7 million in Q1 2026, compared to $1.6 million in the prior year period.

Unique Metrics

• Digital Subscriptions: Totaled 0.81 million in Q1 2026, down from 1.02 million in Q1 2025.
• Nutritional Subscriptions: Totaled 0.06 million in Q1 2026, down from 0.08 million in Q1 2025.
• Total Subscriptions: Totaled 0.87 million in Q1 2026, down from 1.10 million in Q1 2025.
• Average Digital Retention: Was 95.9% in Q1 2026, compared to 97.0% in Q1 2025.
• Total Streams: Decreased to 17.8 million in Q1 2026 from 20.7 million in Q1 2025.
• DAU/MAU: Improved to 33.1% in Q1 2026 from 32.5% in Q1 2025.
• Connected Fitness Units Delivered: No units were delivered in Q1 2026, compared to 1.5 thousand units in Q1 2025.
• Net Cash Position: Was $13,037 thousand as of March 31, 2026, compared to $15,391 thousand as of December 31, 2025.

Outlook for The Second Quarter of 2026

For the second quarter ending June 30, 2026, BODi anticipates revenue to be between $46 million and $51 million. The company expects a net loss and adjusted net loss ranging from - $3 million to $0 million. Adjusted EBITDA is projected to be between $3 million and $6 million for the same period.