Revenue: As of FY2025 Q4, the actual value is USD 55.54 M.

EPS: As of FY2025 Q4, the actual value is USD 0.71.

EBIT: As of FY2025 Q4, the actual value is USD 9.026 M.

The Beachbody Company, Inc. (BODi) released its financial results for the quarter and year ended December 31, 2025, showing significant improvements in profitability and cash flow, despite a decrease in total revenue compared to the prior year .

Fourth Quarter 2025 Financial Highlights

• Total Revenue: $55.5 million, compared to $86.4 million in the prior year period .
  • Digital Revenue: $34.3 million, down from $50.4 million in the prior year period .
  • Nutrition and Other Revenue: $21.2 million, down from $34.8 million in the prior year period .
  • Connected Fitness Revenue: $0.0 million, compared to $1.2 million in the prior year period, as the sale of bike inventory ceased in Q1 2025 .
• Gross Margin: 74.5%, an increase from 70.5% in the prior year period .
• Total Operating Expenses: $33.2 million, a substantial decrease from $93.8 million in the prior year period, which included a $20.0 million goodwill impairment .
• Operating Income: Improved by $41.1 million to $8.2 million, compared to an operating loss of $32.9 million in the prior year period .
• Net Income: $5.2 million, a significant improvement from a net loss of $34.6 million in the prior year period .
• Adjusted EBITDA: $12.9 million, up from $8.7 million in the prior year period .
• Adjusted Net Income: $7.2 million, compared to a loss of $4.7 million in the prior year period .

Full Year 2025 Financial Highlights

• Total Revenue: $251.7 million, compared to $418.8 million in the prior year .
  • Digital Revenue: $153.3 million, down from $224.3 million in the prior year .
  • Nutrition and Other Revenue: $97.6 million, down from $187.8 million in the prior year .
  • Connected Fitness Revenue: $0.9 million, down from $6.6 million in the prior year .
• Gross Margin: 73.0%, up from 68.6% in the prior year period .
• Total Operating Expenses: $178.3 million, compared to $353.6 million in the prior year .
• Operating Income: Increased by $71.7 million to $5.5 million, marking the Company’s first full year operating income since going public, compared to an operating loss of $66.2 million in the prior year .
• Net Loss: $2.9 million, a substantial reduction from a net loss of $71.6 million in the prior year .
• Adjusted EBITDA: $30.8 million, up from $28.3 million in the prior year .
• Adjusted Net Income: $3.5 million, the Company’s first full year adjusted net income since going public, compared to a loss of $31.2 million in the prior year .

Cash Flow and Liquidity

• Cash provided by operating activities (Full Year 2025): $21.8 million, significantly up from $2.6 million in the prior year .
• Cash used in investing activities (Full Year 2025): - $4.4 million, compared to cash provided by investing activities of $1.1 million in the prior year .
• Free Cash Flow (Full Year 2025): $17.4 million, a positive shift from - $2.0 million in the prior year .
• Cash and Cash Equivalents (as of December 31, 2025): $39.017 million, compared to $20.187 million as of December 31, 2024 .
• Net Cash Position (as of December 31, 2025): $15.391 million, up from $1.019 million as of December 31, 2024 .

Key Operational Metrics (as of or for the Year Ended December 31, 2025)

• Digital Subscriptions: 0.87 million, a decrease from 1.07 million in the prior year .
• Nutritional Subscriptions: 0.08 million, a decrease from 0.09 million in the prior year .
• Total Subscriptions: 0.95 million, a decrease from 1.16 million in the prior year .
• Average Digital Retention: 96.9%, an increase of 10 bps from 96.8% in the prior year .
• Total Streams: 72.5 million, a decrease from 87.4 million in the prior year .
• DAU/MAU: 31.8%, an increase of 10 bps from 31.7% in the prior year .
• Connected Fitness Units Delivered: 1.5 thousand, a decrease from 9.0 thousand in the prior year .

Outlook for the First Quarter of 2026

For the quarter ending March 31, 2026, The Beachbody Company, Inc. (BODi) expects revenue to range between $49 million and $54 million. The company anticipates net income (loss) and adjusted net income (loss) to be between - $2 million and $1 million. Adjusted EBITDA is projected to be between $4 million and $7 million .