Logo

BODI

The Beachbody Company, Inc.

BODI

The Beachbody Company, Inc. • NASDAQ
$8.73 ▲ 3.07% (+0.26)
Market Cap $61.87 M
52w High $10.99
52w Low $3.38
Dividend Yield 0%
P/E -1.4
Volume 31.84K
Outstanding Shares 7.09M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $59.887M ▼ $39.675M ▼ $3.569M ▲ 5.96% ▲ $0.51 ▲ $8.382M ▲
Q2-2025 $63.941M ▼ $47.71M ▼ $-5.9M ▼ -9.227% ▼ $-0.85 ▼ $-182K ▼
Q1-2025 $72.363M ▼ $55.223M ▼ $-5.748M ▲ -7.943% ▲ $-0.84 ▲ $1.479M ▲
Q4-2024 $86.374M ▼ $93.768M ▲ $-34.558M ▼ -40.01% ▼ $-5.04 ▼ $-17.029M ▼
Q3-2024 $102.193M $81.821M $-12.003M -11.745% $-1.75 $1.598M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $33.949M ▲ $146.412M ▲ $121.722M ▼ $24.69M ▲
Q2-2025 $25.461M ▲ $145.894M ▼ $125.736M ▼ $20.158M ▼
Q1-2025 $18.026M ▼ $152.539M ▼ $128.504M ▼ $24.035M ▼
Q4-2024 $20.187M ▼ $174.556M ▼ $146.386M ▼ $28.17M ▼
Q3-2024 $36.563M $225.465M $167.09M $58.375M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $3.569M ▲ $10.187M ▲ $-1.187M ▲ $-274K ▼ $8.388M ▲ $9M ▲
Q2-2025 $-5.9M ▼ $4.238M ▲ $-1.817M ▼ $4.514M ▲ $7.435M ▲ $2.421M ▲
Q1-2025 $-5.748M ▲ $2.342M ▲ $-694K ▼ $-3.729M ▲ $-2.061M ▲ $1.648M ▲
Q4-2024 $-34.558M ▼ $-6.729M ▼ $-568K ▲ $-4.058M ▼ $-12.126M ▼ $-7.297M ▼
Q3-2024 $-12.003M $1.082M $-1.029M $-306K $-14K $53K

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Connected Fitness
Connected Fitness
 $0 ▲$10.00M ▲$0 ▼$0 ▲
Digital
Digital
 $50.00M ▲$110.00M ▲$40.00M ▼$40.00M ▲
Nutrition And Other
Nutrition And Other
 $50.00M ▲$90.00M ▲$30.00M ▼$20.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Revenue has been shrinking steadily over the last several years, and the business is now running at a much smaller scale than right after going public. The company still earns a healthy spread between what it sells and what it costs to deliver its services, but overhead costs remain too heavy, keeping operating profit and net income in the red every year. Losses per share look very large largely because of the reverse stock split, but the underlying story is simple: the company has not yet proven it can grow again or operate profitably on this reduced revenue base.

Balance Sheet

Balance Sheet The balance sheet has been shrinking, with total assets and cash both moving down over time, which suggests a business that has been drawing down resources rather than building them. Debt, in absolute terms, is not very large, but equity has fallen sharply from earlier years, indicating accumulated losses and a thinner cushion for setbacks. The result is a more fragile financial position: there is not much excess capital, and the company has less room for error if its turnaround takes longer than expected.

Cash Flow

Cash Flow Cash flow has been a weak spot, with several years of cash outflows from running the business. More recently, operating cash flow has moved closer to breakeven, helped by cost cuts and lower investment spending. Capital spending has been pared back to very modest levels, which supports near‑term cash but can also limit long‑term growth if underinvestment persists. Overall, cash generation looks to be stabilizing, but at a low level and with little margin for negative surprises.

Competitive Edge

Competitive Edge Beachbody sits in an intensely competitive digital fitness arena, going up against well‑funded hardware‑plus‑subscription players and a long list of low‑cost fitness apps and free online content. Its key advantages are a long history in at‑home fitness, a deep library of recognizable programs, and a large community built over decades. However, declining revenue suggests these strengths have not fully offset rising competition and changing consumer habits. The move away from multi‑level marketing toward a simpler affiliate and omnichannel model may help reposition the brand, but execution risk is high and competitors are not standing still.

Innovation and R&D

Innovation and R&D On the innovation side, the company has moved decisively into interactive and on‑demand streaming with BOD and BODi, offering live classes, real‑time trainer interaction, and integration with its MYX bike. It is experimenting with a freemium approach to lower the barrier for new customers and is planning a broader retail push for its nutrition products, which would diversify beyond pure subscriptions. These initiatives show a willingness to reinvent the model and modernize technology and distribution, but they are still in the proving phase; it remains uncertain whether they will be enough to reverse the multi‑year decline in the core business.

Summary

Beachbody is a turnaround story: a once‑larger at‑home fitness brand that has seen revenue shrink, losses persist, and its balance sheet contract over several years. Management is trying to pivot from a complex multi‑level marketing structure to a leaner affiliate and omnichannel model, while leaning on a strong content library, an engaged community, and new interactive technology. Early signs show some financial stabilization, mainly via cost cutting and lower investment, rather than renewed growth. The key questions ahead are whether the new model can reignite demand, restore durable profitability, and rebuild financial strength in a crowded and rapidly evolving fitness market.

NEWS

November 24, 2025 · 4:10 PM UTC

The Beachbody Company, Inc. to Present at NobleCon21 - Noble Capital Markets' Twenty-First Annual Emerging Growth Equity Conference

Read more

November 24, 2025 · 8:00 AM UTC

The Beachbody Company, Inc. to Participate in Upcoming Investor Conferences

Read more

November 18, 2025 · 8:00 AM UTC

BODi and Super Trainer Shaun T Launch “DIG IN,” a Low-Impact Cardio and Functional Strength Training Program Delivering Major Results in Just 30 Minutes a Day

Read more

November 10, 2025 · 4:05 PM UTC

Beachbody (BODi) Reports Third Quarter Financial Results

Read more

November 5, 2025 · 8:00 AM UTC

BODi to Power the Future of Extreme Home Fitness and Performance with the Launch of “P90X Generation Next” Set to Debut 90 Days From Today

Read more