Key Highlights

● Second-quarter Revenue fell 22.4% to $49.6 million, with digital at $31.2 million.

● Net Income was $1.4 million, against a net loss of $5.9 million a year earlier.

● Adjusted EBITDA rose 45.7% to $6.7 million, the eleventh consecutive positive quarter.

● Third-quarter guidance calls for revenue of $44 million to $48 million.

Latest verified developments

The Beachbody Company, Inc. (NASDAQ:BODI), which brands its digital fitness service BODi, has recently announced product launches rather than financial news. On 2 October 2026 it expanded its P90X range with P90X energy drinks, and on 2 September it launched MAX BUILT by Shaun T, a strength-training programme. Neither announcement carried financial targets.

The most important company filing of the past quarter is the second-quarter Earnings release of 10 August. A second amendment to the Credit Facility was announced around 6 August.

Second-quarter results

For the quarter ended 30 June 2026, revenue was $49.6 million, down 22.4% from $63.9 million a year earlier. Digital revenue was $31.2 million and Nutrition & Other $18.5 million, while Connected Fitness revenue was zero. Digital accounted for about 63% of the total. The year-on-year fall in revenue was $14.3 million. Despite the fall in sales, the company reported net income of $1.4 million, against a net loss of $5.9 million in the second quarter of 2025.

Adjusted EBITDA was $6.7 million, up 45.7% from $4.6 million. Carl Daikeler said: "Q2 marks our fourth consecutive quarter of net income and operating income", and Mark Goldston described "our eleventh consecutive quarter of positive Adjusted EBITDA". Total subscribers were 0.83 million, comprising 0.76 million digital and 0.07 million nutrition, down 17.8% from 1.01 million, or 0.18 million fewer than a year earlier.

Balance sheet and guidance

Cash and cash equivalents were $32.4 million at 30 June. The company carried a term Loan of about $23.6 million, of which $2.1 million is current, leaving a net cash position of $8.8 million, a modest cushion relative to quarterly revenue. Adjusted EBITDA is a non-GAAP measure, and GAAP net income of $1.4 million is the more conservative profit figure.

For the third quarter, Beachbody guided to revenue of $44 million to $48 million, a net result between a $3 million loss and break-even, and adjusted EBITDA of $3 million to $6 million. At the midpoint of $46 million, revenue would be about 7% below the second quarter's $49.6 million, and the range includes a possible return to a quarterly net loss.

Subscribers, profit and the third-quarter guide

The central question is whether Beachbody can stabilise subscribers and revenue while preserving profitability. Subscribers fell almost 18% year on year, and the company's own third-quarter guidance points to a lower revenue base and thinner profit.

The energy drinks and the MAX BUILT programme are the newest additions to a product line that produced $18.5 million in Nutrition & Other revenue and $31.2 million in digital revenue last quarter. The midpoint of the guided net result is a loss of about $1.5 million, against second-quarter net income of $1.4 million, so the profit run is not assured to continue.