Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025 -39.9% Revenue growth, 20252 What sells Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services Digital brought in 61% of the revenue Beachbody Company, Inc. broke down this way in fiscal 2025.
Digital $153.3M2 61% down 32% from 2024 Nutrition And Other $97.6M2 39% down 48% from 2024 Connected Fitness $875.0K2 0% down 87% from 2024 Products and services by year
Products and services 2024 2025 Digital $224.3M $153.3M Nutrition And Other $187.8M $97.6M Connected Fitness $6.6M $875.0K
Regions United States brought in 92% of the revenue Beachbody Company, Inc. broke down this way in fiscal 2025.
United States $232.6M2 92% down 38% from 2024 Outside the United States $19.2M2 8% down 54% from 2024 Regions by year
Regions 2024 2025 United States $377.2M $232.6M Outside the United States $41.6M $19.2M
Where the money goes Where each dollar of revenue went, fiscal 2025 Cost of revenue Other costs
Cost of revenue 27¢ $67.9M Research and development 1¢ $1.7M Other costs 70¢ $177.0M Interest 2¢ $5.0M Income tax 0¢ $125.0K Out of $251.7M in revenue.2
Where each dollar of operating cash went, fiscal 2025 Capital spending Kept or used elsewhere
Capital spending 20¢ $4.4M Kept or used elsewhere 80¢ $17.4M Out of $21.8M of cash from operations.2
Financial statements
Income statement Balance sheet Cash flow
Annual Quarterly
Revenue4 5 6 7 2 $251.7M in 2025−67% since 2019 0 $250.0M $500.0M $750.0M $1.0B 2019: $755.8M $755.8M 2019 2020: $863.6M $863.6M 2020 +14% 2021: $873.6M $873.6M 2021 +1% 2022: $692.2M $692.2M 2022 −21% 2023: $527.1M $527.1M 2023 −24% 2024: $418.8M $418.8M 2024 −21% 2025: $251.7M $251.7M 2025 −40% Gross profit4 5 6 7 2 $183.8M in 2025−66% since 2019 0 $200.0M $400.0M $600.0M $800.0M 2019: $545.5M $545.5M 2019 2020: $613.9M $613.9M 2020 +13% 2021: $545.0M $545.0M 2021 −11% 2022: $369.6M $369.6M 2022 −32% 2023: $323.1M $323.1M 2023 −13% 2024: $287.3M $287.3M 2024 −11% 2025: $183.8M $183.8M 2025 −36% Operating income4 5 6 7 2 $5.5M in 2025−71% since 2019 -$300.0M -$200.0M -$100.0M 0 $100.0M 2019: $18.9M $18.9M 2019 2020: -$6.3M -$6.3M 2020 2021: -$297.3M -$297.3M 2021 +4618% 2022: -$203.2M -$203.2M 2022 −32% 2023: -$141.0M -$141.0M 2023 −31% 2024: -$66.2M -$66.2M 2024 −53% 2025: $5.5M $5.5M 2025 Net income4 5 6 7 2 -$2.9M in 2025-$300.0M -$200.0M -$100.0M 0 $100.0M 2019: $32.3M $32.3M 2019 2020: -$21.4M -$21.4M 2020 2021: -$228.4M -$228.4M 2021 +966% 2022: -$194.2M -$194.2M 2022 −15% 2023: -$152.6M -$152.6M 2023 −21% 2024: -$71.6M -$71.6M 2024 −53% 2025: -$2.9M -$2.9M 2025 −96% Revenue8 9 10 $49.6M in Q2 FY2026−22% since Q2 FY2025 0 $20.0M $40.0M $60.0M $80.0M Q2 FY2025: $63.9M $63.9M Q2 FY2025 Q3 FY2025: $59.9M $59.9M Q3 FY2025 −6% Q1 FY2026: $54.3M $54.3M Q1 FY2026 −9% Q2 FY2026: $49.6M $49.6M Q2 FY2026 −9% Gross profit8 9 10 $35.7M in Q2 FY2026−23% since Q2 FY2025 0 $20.0M $40.0M $60.0M Q2 FY2025: $46.2M $46.2M Q2 FY2025 Q3 FY2025: $44.6M $44.6M Q3 FY2025 −3% Q1 FY2026: $39.0M $39.0M Q1 FY2026 −13% Q2 FY2026: $35.7M $35.7M Q2 FY2026 −8% Operating income8 9 10 $1.7M in Q2 FY2026-$5.0M -$2.5M 0 $2.5M $5.0M Q2 FY2025: -$4.0M -$4.0M Q2 FY2025 Q3 FY2025: $5.0M $5.0M Q3 FY2025 Q1 FY2026: $3.1M $3.1M Q1 FY2026 −38% Q2 FY2026: $1.7M $1.7M Q2 FY2026 −46% Net income8 9 10 $1.4M in Q2 FY2026-$7.5M -$5.0M -$2.5M 0 $2.5M $5.0M Q2 FY2025: -$5.9M -$5.9M Q2 FY2025 Q3 FY2025: -$5.9M -$5.9M Q3 FY2025 +0% Q3 FY2025: $3.6M $3.6M Q3 FY2025 Q1 FY2026: $2.3M $2.3M Q1 FY2026 −36% Q2 FY2026: $2.3M $2.3M Q2 FY2026 +0% Q2 FY2026: $1.4M $1.4M Q2 FY2026 −39% Fiscal year 2018 2019 2020 2021 2022 2023 2024 2025 Revenue $755.8M4 $863.6M5 $873.6M5 $692.2M6 $527.1M7 $418.8M2 $251.7M2 Cost of revenue $210.3M4 $249.7M5 $328.7M5 $322.6M6 $204.0M7 $131.5M2 $67.9M2 Gross profit $545.5M4 $613.9M5 $545.0M5 $369.6M6 $323.1M7 $287.3M2 $183.8M2 Research and development $4.6M4 $4.6M5 $4.6M5 $4.4M6 $2.7M7 $1.6M2 $1.7M2 Operating income $18.9M4 -$6.3M5 -$297.3M5 -$203.2M6 -$141.0M7 -$66.2M2 $5.5M2 Interest $790.0K4 $527.0K5 $536.0K5 $3.4M6 $8.9M7 $6.9M2 $5.0M2 Income tax -$13.4M4 $15.3M5 -$15.5M5 -$3.1M6 $37.0K7 $239.0K2 $125.0K2 Net income $32.3M4 -$21.4M5 -$228.4M5 -$194.2M6 -$152.6M7 -$71.6M2 -$2.9M2 Earnings per share $0.144 -$0.095 -$0.835 -$31.586 -$24.477 -$10.512 -$0.412 Earnings per share (diluted) $0.124 -$0.095 -$0.835 -$31.586 -$24.477 -$10.512 -$0.412
Total assets4 5 6 7 2 $147.0M in 2025−59% since 2020 0 $200.0M $400.0M $600.0M $800.0M 2020: $356.3M $356.3M 2020 2021: $637.6M $637.6M 2021 +79% 2022: $443.4M $443.4M 2022 −30% 2023: $276.8M $276.8M 2023 −38% 2024: $174.6M $174.6M 2024 −37% 2025: $147.0M $147.0M 2025 −16% Total liabilities4 5 6 7 2 $115.7M in 2025−55% since 2020 0 $100.0M $200.0M $300.0M 2020: $257.0M $257.0M 2020 2021: $252.2M $252.2M 2021 −2% 2022: $231.9M $231.9M 2022 −8% 2023: $194.1M $194.1M 2023 −16% 2024: $146.4M $146.4M 2024 −25% 2025: $115.7M $115.7M 2025 −21% Shareholders’ equity4 5 6 7 2 $31.3M in 2025−37% since 2018 0 $100.0M $200.0M $300.0M $400.0M 2018: $49.3M $49.3M 2018 2019: $87.4M $87.4M 2019 +77% 2020: $99.3M $99.3M 2020 +14% 2021: $385.4M $385.4M 2021 +288% 2022: $211.5M $211.5M 2022 −45% 2023: $82.8M $82.8M 2023 −61% 2024: $28.2M $28.2M 2024 −66% 2025: $31.3M $31.3M 2025 +11% Cash4 5 6 7 2 $39.0M in 2025−31% since 2020 0 $50.0M $100.0M $150.0M 2020: $56.8M $56.8M 2020 2021: $104.1M $104.1M 2021 +83% 2022: $80.1M $80.1M 2022 −23% 2023: $33.4M $33.4M 2023 −58% 2024: $20.2M $20.2M 2024 −40% 2025: $39.0M $39.0M 2025 +93% Long-term debt6 7 2 $22.6M in 2025−43% since 2022 0 $10.0M $20.0M $30.0M $40.0M 2022: $39.7M $39.7M 2022 2023: $21.5M $21.5M 2023 −46% 2024: $9.7M $9.7M 2024 −55% 2025: $22.6M $22.6M 2025 +133% Total assets11 9 10 8 $136.5M in Q2 FY2026−6% since Q2 FY2025 0 $50.0M $100.0M $150.0M Q2 FY2025: $145.9M $145.9M Q2 FY2025 Q3 FY2025: $146.4M $146.4M Q3 FY2025 +0% Q1 FY2025: $147.0M $147.0M Q1 FY2025 +0% Q2 FY2025: $147.0M $147.0M Q2 FY2025 +0% Q1 FY2026: $143.1M $143.1M Q1 FY2026 −3% Q2 FY2026: $136.5M $136.5M Q2 FY2026 −5% Total liabilities11 9 10 8 $99.3M in Q2 FY2026−21% since Q2 FY2025 0 $50.0M $100.0M $150.0M Q2 FY2025: $125.7M $125.7M Q2 FY2025 Q3 FY2025: $121.7M $121.7M Q3 FY2025 −3% Q1 FY2025: $115.7M $115.7M Q1 FY2025 −5% Q2 FY2025: $115.7M $115.7M Q2 FY2025 +0% Q1 FY2026: $108.8M $108.8M Q1 FY2026 −6% Q2 FY2026: $99.3M $99.3M Q2 FY2026 −9% Shareholders’ equity8 9 10 $37.2M in Q2 FY2026+84% since Q2 FY2025 0 $10.0M $20.0M $30.0M $40.0M Q2 FY2025: $20.2M $20.2M Q2 FY2025 Q3 FY2025: $20.2M $20.2M Q3 FY2025 +0% Q3 FY2025: $24.7M $24.7M Q3 FY2025 +22% Q1 FY2025: $31.3M $31.3M Q1 FY2025 +27% Q2 FY2025: $31.3M $31.3M Q2 FY2025 +0% Q1 FY2026: $34.4M $34.4M Q1 FY2026 +10% Q2 FY2026: $34.4M $34.4M Q2 FY2026 +0% Q2 FY2026: $37.2M $37.2M Q2 FY2026 +8% Cash11 9 10 8 $32.4M in Q2 FY2026+27% since Q2 FY2025 0 $10.0M $20.0M $30.0M $40.0M Q2 FY2025: $25.6M $25.6M Q2 FY2025 Q3 FY2025: $33.9M $33.9M Q3 FY2025 +33% Q1 FY2025: $39.0M $39.0M Q1 FY2025 +15% Q2 FY2025: $39.0M $39.0M Q2 FY2025 +0% Q1 FY2026: $36.6M $36.6M Q1 FY2026 −6% Q2 FY2026: $32.4M $32.4M Q2 FY2026 −11% Long-term debt11 9 10 8 $21.4M in Q2 FY2026−8% since Q2 FY2025 0 $10.0M $20.0M $30.0M Q2 FY2025: $23.3M $23.3M Q2 FY2025 Q3 FY2025: $22.9M $22.9M Q3 FY2025 −2% Q1 FY2025: $22.6M $22.6M Q1 FY2025 −2% Q2 FY2025: $22.6M $22.6M Q2 FY2025 +0% Q1 FY2026: $22.0M $22.0M Q1 FY2026 −3% Q2 FY2026: $21.4M $21.4M Q2 FY2026 −2% Fiscal year 2018 2019 2020 2021 2022 2023 2024 2025 Cash $56.8M4 $104.1M5 $80.1M6 $33.4M7 $20.2M2 $39.0M2 Current assets $169.1M4 $299.4M5 $186.5M6 $119.3M7 $78.7M2 $63.8M2 Total assets $356.3M4 $637.6M5 $443.4M6 $276.8M7 $174.6M2 $147.0M2 Current liabilities $219.9M4 $236.2M5 $184.6M6 $165.2M7 $127.6M2 $86.6M2 Long-term debt $39.7M6 $21.5M7 $9.7M2 $22.6M2 Total liabilities $257.0M4 $252.2M5 $231.9M6 $194.1M7 $146.4M2 $115.7M2 Shareholders’ equity $49.3M4 $87.4M5 $99.3M5 $385.4M6 $211.5M7 $82.8M2 $28.2M2 $31.3M2
Cash from operations4 5 6 7 2 $21.8M in 2025−48% since 2019 -$300.0M -$200.0M -$100.0M 0 $100.0M 2019: $42.0M $42.0M 2019 2020: $61.4M $61.4M 2020 +46% 2021: -$215.2M -$215.2M 2021 2022: -$47.2M -$47.2M 2022 −78% 2023: -$22.5M -$22.5M 2023 −52% 2024: $2.6M $2.6M 2024 2025: $21.8M $21.8M 2025 +749% Capital spending4 5 6 7 2 $4.4M in 2025−82% since 2019 0 $20.0M $40.0M $60.0M $80.0M 2019: $23.8M $23.8M 2019 2020: $37.9M $37.9M 2020 +59% 2021: $77.9M $77.9M 2021 +105% 2022: $26.5M $26.5M 2022 −66% 2023: $6.6M $6.6M 2023 −75% 2024: $4.5M $4.5M 2024 −31% 2025: $4.4M $4.4M 2025 −3% Free cash flow4 5 6 7 2 $17.4M in 2025−5% since 2019 -$300.0M -$200.0M -$100.0M 0 $100.0M 2019: $18.2M $18.2M 2019 2020: $23.5M $23.5M 2020 +29% 2021: -$293.2M -$293.2M 2021 2022: -$73.7M -$73.7M 2022 −75% 2023: -$29.1M -$29.1M 2023 −60% 2024: -$2.0M -$2.0M 2024 −93% 2025: $17.4M $17.4M 2025 Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Fiscal year 2018 2019 2020 2021 2022 2023 2024 2025 Cash from operations $42.0M4 $61.4M5 -$215.2M5 -$47.2M6 -$22.5M7 $2.6M2 $21.8M2 Capital spending $23.8M4 $37.9M5 $77.9M5 $26.5M6 $6.6M7 $4.5M2 $4.4M2 Free cash flow $18.2M $23.5M -$293.2M -$73.7M -$29.1M -$2.0M $17.4M
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