Beachbody

Q2 FY2026 EarningsQ2 FY2026 results significantly exceeded consensus expectations on the bottom line, marking the fourth consecutive quarter of GAAP profitability. Revenue of $49.6M slightly beat the $49.3M mean estimate (+0.63%), while gross margin outperformed at 72.0% vs. 70.8% expected. The most significant variance occurred in Diluted EPS, which reached $0.11 compared to a projected loss of $0.16, driven by aggressive cost containment following the 'Pivot' from a multi-level marketing (MLM) to a single-level affiliate model. Operating income of $1.7M surpassed the expected $0.6M loss, benefiting from a 39% YoY reduction in selling and marketing expenses.