Beachbody Reports Third Consecutive Quarter of Net Income Despite 25% Revenue Decline

summarizeSummary

Beachbody Company, Inc. reported Q1 2026 financial results, achieving net income and operating income for the third consecutive quarter, driven by cost reductions, despite a 25% decrease in total revenue and negative operating cash flow.

check_boxKey Events

• Return to Profitability

  The company achieved net income of $2.3 million and operating income of $3.1 million for the third consecutive quarter, a significant improvement from losses in the prior year period.

• Adjusted EBITDA Growth

  Adjusted EBITDA increased to $8.0 million in Q1 2026, up from $3.7 million in Q1 2025, reflecting successful cost management.

• Continued Revenue Decline

  Total revenue decreased by 25% to $54.3 million, with digital and nutrition segments experiencing declines, and digital/nutritional subscriptions also falling.

• Negative Operating Cash Flow

  Net cash used in operating activities was $(1.0) million for the quarter, compared to $2.3 million provided in the prior year, indicating a shift in cash generation.

auto_awesomeAnalysis

This quarterly report details Beachbody's Q1 2026 financial results, confirming its third consecutive quarter of net income and operating income. While the company achieved profitability and improved Adjusted EBITDA through strategic restructuring and cost reductions, total revenue decreased by 25% year-over-year, and both digital and nutritional subscriptions declined. Net cash used in operating activities also turned negative for the quarter. This filing provides the full financial context following the initial announcement of these results on the same day.