BODI - The Beachbody Compa... Stock Analysis | Stock Taper
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The Beachbody Company, Inc.

BODI

The Beachbody Company, Inc. NASDAQ
$10.91 -0.82% (-0.09)

Market Cap $78.98 M
52w High $12.66
52w Low $3.38
P/E -26.61
Volume 43.05K
Outstanding Shares 7.18M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $55.54M $33.17M $5.22M 9.4% $0.74 $15.88M
Q3-2025 $59.89M $39.67M $3.57M 5.96% $0.51 $8.38M
Q2-2025 $63.94M $47.71M $-5.9M -9.23% $-0.85 $-182K
Q1-2025 $72.36M $55.22M $-5.75M -7.94% $-0.84 $1.48M
Q4-2024 $86.37M $93.77M $-34.56M -40.01% $-5.04 $-17.03M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $39.02M $147.03M $115.72M $31.32M
Q3-2025 $33.95M $146.41M $121.72M $24.69M
Q2-2025 $25.46M $145.89M $125.74M $20.16M
Q1-2025 $18.03M $152.54M $128.5M $24.04M
Q4-2024 $20.19M $174.56M $146.39M $28.17M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $5.22M $4.98M $-701K $519K $5.07M $4.28M
Q3-2025 $3.57M $10.19M $-1.19M $-274K $8.39M $9M
Q2-2025 $-5.9M $4.24M $-1.82M $4.51M $7.43M $2.42M
Q1-2025 $-5.75M $2.34M $-694K $-3.73M $-2.06M $1.65M
Q4-2024 $-34.56M $-6.73M $-568K $-4.06M $-12.13M $-7.3M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q4-2025
Connected Fitness
Connected Fitness
$10.00M $0 $0 $0
Digital
Digital
$110.00M $40.00M $40.00M $70.00M
Nutrition And Other
Nutrition And Other
$90.00M $30.00M $20.00M $40.00M

Revenue by Geography

Region Q4-2024Q1-2025Q2-2025Q4-2025
NonUS
NonUS
$20.00M $10.00M $0 $10.00M
UNITED STATES
UNITED STATES
$190.00M $70.00M $60.00M $110.00M

Q3 2025 Earnings Call Summary

Read Call Summary

5-Year Trend Analysis

A comprehensive look at The Beachbody Company, Inc.'s financial evolution and strategic trajectory over the past five years.

+ Strengths

Key strengths include strong gross margins, solid operating and free cash flow generation in the most recent period, and a balance sheet with low debt and net cash. The company also benefits from decades of brand equity, a deep content library, and a loyal community base built around well‑known programs and nutrition products. Its willingness to invest in technology and to rethink its business model shows strategic flexibility rather than complacency in the face of industry change.

! Risks

Major risks center on profitability, liquidity, and execution. Despite healthy gross margins and positive cash flow, BODI continues to post net losses and carries a large accumulated deficit, signaling that past attempts to scale have not generated durable earnings. Liquidity ratios are tighter than ideal, leaving less room for operational missteps, even though absolute debt is low. The competitive environment is intense, with low switching costs for customers and numerous alternatives. Finally, the transition away from an MLM model and into an affiliate‑driven, holistic digital platform involves significant execution risk, both operationally and culturally.

Outlook

The outlook is finely balanced. BODI has enough brand strength, content depth, and cash generation ability to potentially complete its pivot to a leaner, more modern digital wellness business. The strategic plan—centered on the BODi platform, Health Esteem positioning, retail expansion of nutrition products, and a new affiliate model—provides a clear path toward a lower break‑even point and eventual profitability. However, success is not guaranteed; it will depend on stabilizing revenue, improving operating efficiency, and maintaining cash discipline in a fiercely competitive and rapidly evolving fitness landscape. Monitoring the company’s ability to grow or at least stabilize its top line while lifting operating margins will be crucial for assessing how the story develops from here.