Revenue: As of FY2026 Q2, the actual value is USD 261.25 M, beating the estimate of USD 260.93 M.

EPS: As of FY2026 Q2, the actual value is USD 0.23, beating the estimate of USD 0.2233.

EBIT: As of FY2026 Q2, the actual value is USD 24.51 M.

Second Quarter Fiscal 2026 Financial Highlights (Compared to Second Quarter Fiscal 2025)

Operational Performance

OneSpaWorld Holdings Limited’s income from operations increased 11% to $24.5 million, up from $22.1 million in the second quarter fiscal 2025. Net income rose 16% to $23.2 million, compared to $19.9 million in the prior year. Adjusted EBITDA saw a 13% increase, reaching $34.4 million from $30.5 million. Administrative expenses increased by 63% to $7.2 million, up from $4.4 million. Salaries, benefits, and payroll taxes remained consistent at $8.8 million in both periods. Interest expense decreased by $0.3 million. Adjusted net income rose to $29.8 million, up from $25.8 million.

Other Financial Metrics

Cost of services increased by $15.6 million. Cost of products decreased by $0.2 million. Capital expenditures were $2,286 thousand, down from $2,729 thousand in the second quarter fiscal 2025.

First Six Months Fiscal 2026 Financial Highlights (Compared to First Six Months Fiscal 2025)

Operational Performance

Net income increased to $44.5 million, up from $35.2 million in the first six months fiscal 2025. Adjusted EBITDA increased to $66.5 million, up from $57.1 million. Administrative expenses were $13.4 million, compared to $8.6 million, marking a 55% increase. Salaries, benefits, and payroll taxes decreased 13% to $17.2 million, from $19.8 million. Adjusted net income rose to $57.7 million, up from $48.4 million.

Other Financial Metrics

Cost of services increased by $35.8 million. Cost of products increased by $2.3 million. Capital expenditures were $6,631 thousand, up from $4,426 thousand in the first six months fiscal 2025.

Balance Sheet and Liquidity (as of June 30, 2026)

Cash totaled $41.6 million. Total liquidity was $91.6 million, which included a fully undrawn $50 million credit facility. Total debt, net of deferred financing costs, stood at $81.6 million.

Dividends and Share Repurchases

The Board declared a quarterly dividend payment of $0.05 per common share. During the second quarter of fiscal 2026, OneSpaWorld Holdings Limited repurchased 16,134 shares, returning $0.4 million to shareholders. As of June 30, 2026, $37.1 million remained available under the $75 million share repurchase program.

Operational Metrics (Second Quarter Fiscal 2026 vs. Second Quarter Fiscal 2025)

The period end cruise ship count increased to 208 from 200 ships, while the average cruise ship count rose to 202 from 191 ships. The period end destination resort count decreased to 25 from 51, and the average destination resort count declined to 32 from 50. Cruise ship personnel increased to 4,664 from 4,365. Average weekly revenue per ship grew to $96,614 from $92,936, and average revenue per shipboard staff per day increased to $622 from $608. Revenue days were 18,360, up from 17,426. Average weekly revenue per resort increased to $17,433 from $13,019.

Operational Metrics (First Six Months Fiscal 2026 vs. First Six Months Fiscal 2025)

The average cruise ship count increased to 202 from 192. Average weekly revenue per ship grew to $94,255 from $88,560, and average revenue per shipboard staff per day increased to $610 from $585. Revenue days were 36,535, up from 34,827. The average resort count decreased to 35 from 50. Average weekly revenue per resort increased to $17,472 from $14,116.

Outlook / Guidance

OneSpaWorld Holdings Limited introduced third-quarter 2026 guidance, forecasting Total Revenues between $268 million and $273 million, and Adjusted EBITDA between $35 million and $37 million. The company also increased its full-year 2026 guidance for Total Revenues to a range of $1.018 billion to $1.038 billion and Adjusted EBITDA to $130 million to $140 million. This updated fiscal year guidance reflects an expected 10% growth for both Total Revenues and Adjusted EBITDA at the midpoints of the ranges compared to actual Fiscal 2025 results, excluding exited and reorganized operations, marking a fourth consecutive fiscal year of record performance.