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 3.828 M.

The Beachbody Company, Inc. (BODi) operates as a single segment, focusing on digital content, supplements, and consumer health and fitness . The company’s strategic focus is to continue providing holistic health and fitness content and subscription-based solutions, aiming for wider market penetration by leveraging its history of content creation, nutrition innovation, and affiliates . Management ceased the sale of connected fitness inventory in the first quarter of 2025 .

Revenue

For the three months ended March 31, 2026, total revenue was $54.3 million, a 25% decrease compared to $72.4 million in the prior year period . Digital Revenue: $33.6 million, a 22% decrease from $42.9 million in the prior year . This decrease was primarily due to an $8.5 million reduction from digital streaming services, resulting from 21% fewer average digital subscriptions due to lower demand . Nutrition and Other Revenue: $20.7 million, a 28% decrease from $28.7 million in the prior year . This was mainly driven by an $8.2 million decrease from nutritional products, attributed to 9% fewer average nutritional subscriptions, changes to smaller serving sizes for certain products, and promotional offerings . A $0.5 million decrease in shipping revenue was partially offset by a $0.8 million increase in Amazon sales due to increased focus on that channel . Connected Fitness Revenue: $0, a 100% decrease from $0.8 million in the prior year, as management ceased the sale of bike inventory in the first quarter of 2025 .

Operational Metrics

• Gross Profit: Total gross profit was $39.0 million, a 24% decrease from $51.5 million in the prior year .
  • Digital Gross Profit: $29.3 million, a 20% decrease from $36.7 million . Digital gross margin increased to 87.4% from 85.5% .
  • Nutrition and Other Gross Profit: $9.7 million, a 36% decrease from $15.2 million . Nutrition and other gross margin decreased to 46.7% from 53.1% .
  • Connected Fitness Gross Profit: $0, compared to - $0.4 million in the prior year .
• Operating Expenses: Total operating expenses were $35.9 million, down from $55.2 million in the prior year .
  • Selling and Marketing: $18.8 million, a 39% decrease from $31.0 million . As a percentage of total revenue, selling and marketing decreased from 42.8% to 34.6% .
  • Enterprise Technology and Development: $9.4 million, a 25% decrease from $12.6 million . As a percentage of total revenue, it decreased from 17.4% to 17.3% .
  • General and Administrative: $7.7 million, a 34% decrease from $11.7 million . As a percentage of total revenue, it decreased from 16.1% to 14.2% .
• Operating Income (Loss): The company reported an operating income of $3.1 million, compared to an operating loss of - $3.7 million in the prior year period . This marks the third consecutive quarter of operating income .
• Net Income (Loss): Net income was $2.3 million, compared to a net loss of - $5.7 million in the prior year period . This is the third consecutive quarter of net income .
• Adjusted EBITDA: $8.0 million, compared to $3.7 million in the prior year period .
• Adjusted Net Income (Loss): $2.5 million, compared to a loss of - $5.1 million in the prior year period .

Cash Flow

• Net Cash from Operating Activities: - $1.0 million for the three months ended March 31, 2026, compared to $2.3 million in the prior year .
• Net Cash Used in Investing Activities: - $0.7 million for both periods .
• Net Cash Used in Financing Activities: - $0.6 million, compared to - $3.7 million in the prior year .
• Free Cash Flow: - $1.7 million for the three months ended March 31, 2026, compared to $1.6 million in the prior year .

Unique Metrics

• Digital Subscriptions: 0.81 million as of March 31, 2026, down from 1.02 million as of March 31, 2025 .
• Nutritional Subscriptions: 0.06 million as of March 31, 2026, down from 0.08 million as of March 31, 2025 .
• Average Digital Retention: 95.9% for the three months ended March 31, 2026, compared to 97.0% in the prior year .
• Total Streams: 17.8 million for the three months ended March 31, 2026, down from 20.7 million in the prior year .
• DAU/MAU: 33.1% for the three months ended March 31, 2026, up from 32.5% in the prior year .
• Net Cash Position: $13.0 million as of March 31, 2026, compared to $15.4 million as of December 31, 2025 .

Future Outlook and Strategy

The Beachbody Company, Inc. believes it will have adequate cash flows to support its ongoing operations for at least one year and for the longer term . The company plans to generate additional liquidity through continued cost control initiatives and may explore additional debt or equity financing to supplement working capital and strengthen its financial position .