0001193125-26-100284
SEC filingThe Beachbody Company, Inc. (BODI) reported mixed financial results for fiscal year 2025. The company generated $251.7 million in revenue and achieved a gross profit of $183.8 million, resulting in a gross margin of 73.0%. Operating income was $5.5 million, but the company recorded a net loss of $2.9 million due to $5.0 million in interest expense and a $2.2 million loss on debt extinguishment. The balance sheet shows total assets of $147.0 million, with $39.0 million in cash and cash equivalents, and total liabilities of $115.7 million. Stockholders' equity stood at $31.3 million. Cash flow from operations was positive at $21.8 million, while investing activities used $4.4 million and financing activities provided $1.0 million, resulting in a net increase in cash of $18.8 million. The company ended the year with $33.4 million in cash, cash equivalents and restricted cash.
The Beachbody Company reported revenue of $251.7 million for fiscal year 2025, with cost of revenue totaling $67.9 million, resulting in gross profit of $183.8 million. Operating expenses were $178.3 million, comprising selling and marketing ($93.6 million), enterprise technology and development ($42.3 million), general and administrative ($39.9 million), and restructuring costs ($2.5 million). This resulted in operating income of $5.5 million. However, the company recorded a net loss of $2.9 million after accounting for interest expense ($5.0 million), loss on debt extinguishment ($2.2 million), change in fair value of warrant liabilities ($2.0 million), other income ($859K), and income tax provision ($125K).
The filing does not provide segment breakdown or geographic mix data for revenue. The XBRL data shows revenue of $251.7 million but does not disclose segment-level information. No growth drivers or product/service mix details are provided in the available data. The document content repeats the same financial figures without additional narrative about revenue composition or growth factors.
The company achieved a gross margin of 73.0% based on $183.8 million gross profit from $251.7 million revenue. Operating margin was 2.2% with $5.5 million operating income. The cost structure shows selling and marketing expenses represented 37.2% of revenue, enterprise technology and development was 16.8%, and general and administrative was 15.8%. Restructuring costs added 1.0% to operating expenses. No prior period margin data is provided for comparison.
Operating activities generated $21.8 million in cash, primarily from net loss adjustments including depreciation and amortization ($8.7M), amortization of content assets ($8.9M), equity-based compensation ($5.6M), and changes in working capital. Investing activities used $4.4 million for property and equipment purchases, partially offset by $5.6 million from asset sales. Financing activities provided $1.0 million from debt borrowings ($25.0M) net of repayments ($22.6M) and other items. The balance sheet shows $147.0 million in total assets with $63.8 million in current assets. Total liabilities of $115.7 million include $86.6 million in current liabilities, with $56.9 million in deferred revenue being the largest component. Debt includes $22.6 million in Term Loan and $1.1 million current portion.
The filing does not contain management guidance, strategic priorities, or forward-looking statements in the provided content. No risk factors, future plans, or outlook information is disclosed in the available document sections. The financial data is presented without accompanying narrative about future expectations or company strategy.