The Beachbody Company, Inc., now known as BODi, announced its financial results for the second quarter of 2025. Total revenue during the quarter was $63.9 million, compared to $110.2 million in the second quarter of 2024. Of this total, Digital revenue accounted for $39.7 million, down from $58.8 million; Nutrition and Other revenue was $24.2 million, down from $50.1 million; and Connected Fitness revenue was $0.1 million, down from $1.3 million following the company’s decision to stop selling its bike inventory during the first quarter of 2025.
Total operating expenses were $50.2 million, compared to $85.9 million in the second quarter of last year, and operating loss improved by $5.5 million year-over-year. Adjusted EBITDA was $4.6 million with cash provided by operating activities for the first half of the year at $6.6 million.
The company described these results as “better than expected” and says they reflect strategic decisions made during its transformation. BODi will now evolve its marketing and distribution models to reach more people and broaden its marketing opportunities. The company has significantly improved its cost structure and plans to continue to optimize its efficiencies while developing a product pipeline that will be introduced to new distribution channels that were previously unavailable to the brand.
“Looking ahead, we have a line of sight to achieving positive free cash flow for the full year 2025 for the first time since 2020, marking an important milestone in our company’s transformation,” said Carl Daikeler, BODi Co-Founder and Chief Executive Officer. “We are confident in our direction and encouraged by our progress, while we remain focused on the disciplined execution to position BODi for long-term success.”
