Earnings Releases·Nov 10, 2026, 4:06 PM ET

The Beachbody Company, Inc. — Third Quarter 2026 Earnings Summary

Total revenue declined 24.5% year-over-year to $45.2 million, with digital revenue down 23.5% and Nutrition/Other revenue down 26.1%, while gross margin contracted to 70.7% from 74.6% in the prior year.
Net income fell to $3.3 million from $3.6 million, and Adjusted EBITDA decreased to $6.4 million from $9.5 million, marking the fifth consecutive quarter of net income and the twelfth of positive Adjusted EBITDA.
Q4 2026 guidance projects revenue between $38 million and $42 million and Adjusted EBITDA between $6 million and $9 million, inclusive of a $3 million restructuring expense.
Free cash flow turned negative at $(12.1) million for the nine-month period compared to $13.1 million previously, and deferred revenue decreased to $42.962 million from $56.866 million at year-end 2025.
Management highlighted continued execution of a multi-channel distribution strategy across retail, DTC, and Amazon, alongside confidence in the BODi Wellness ecosystem despite intense competitive pressures.