Beachbody Reports Third Consecutive Quarter of Net Income, Beats Q1 Expectations
BODI has more than doubled off its 52-week low of $3.381 on elevated volume (1.9× avg).
Summary
Beachbody reported Q1 2026 financial results, achieving net income and operating income for the third consecutive quarter and beating analyst expectations, despite a decline in revenue and subscriptions.
Key Events · Earnings and Guidance · BODI
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Third Consecutive Quarter of Net Income
The company reported net income of $2.3 million for Q1 2026, a significant improvement from a $5.7 million net loss in Q1 2025, and its third consecutive profitable quarter.
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Operating Income and Adjusted EBITDA Improvement
Operating income improved by $6.8 million to $3.1 million, and Adjusted EBITDA increased to $8.0 million from $3.7 million in the prior year, marking the tenth consecutive quarter of positive Adjusted EBITDA.
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Revenue and Subscription Declines
Total revenue decreased 25% year-over-year to $54.3 million. Digital subscriptions fell 20.6% to 0.81 million, and nutritional subscriptions decreased 25% to 0.06 million.
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Q2 2026 Guidance Issued
The company provided Q2 2026 guidance, projecting revenue between $46 million and $51 million, and a net income (loss) ranging from $(3) million to $0 million.
Analysis · BODI · Trade & Services
The Beachbody Company reported its third consecutive quarter of net income and operating income, significantly beating analyst expectations for a loss. This marks a successful turnaround in profitability, driven by strategic restructuring and cost reductions, despite a year-over-year decline in revenue and subscriptions. The company also achieved its tenth consecutive quarter of positive Adjusted EBITDA, demonstrating a more resilient financial foundation. While Q2 guidance projects a potential net loss, the sustained profitability trend is a strong positive signal for the company's transformed business model.
At the time of this filing, BODI was trading at $13.41 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $93.7M. The 52-week trading range was $3.38 to $16.87. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.