The Beachbody Company, now known as BODi, announced its financial results for the first quarter of 2026. The company experienced its third consecutive quarter of profitability, reporting net income and operating income, with net income and adjusted EBITDA exceeding the high end of guidance.
Total revenue was $54.3 million, down from $72.4 million in the first quarter of 2025. When compared to the previous year’s quarter, digital revenue was $33.6 million, down from $42.9 million; nutrition and other revenue was $20.7 million, down from $28.7 million; and connected fitness revenue was $0, compared to $0.8 million, as the company halted the sale of its bike inventory last year.
“Q1 marks our third consecutive quarter of profitability on both net income and operating income, validating the strength of our transformed business model,” said Carl Daikeler, BODi Co-founder and Chief Executive Officer. “We’re now deploying this efficient platform to capitalize on a major market opportunity in nutrition, a massive global category that’s more than 12 times the size of digital fitness. With attractively priced supplements under iconic brands like P90X and Shakeology, we can acquire nutrition customers and seamlessly migrate them to our digital fitness platform, delivering the Total Solution that has always driven our best customer results.”
Gross margin was 71.8%, up slightly year-over-year from 71.2%. Operating income was $3.1 million, compared to an operating loss of $3.7 million in Q1 2025. Net income was $2.3 million, compared to a net loss of $5.7 million in the prior year period. Adjusted net income was $2.5 million, compared to a loss of $5.1 million in Q1 2025.
“Our strong balance sheet and substantially improved financial position provide the flexibility to fund our retail expansion and innovation pipeline,” said Mark Goldston, BODi Executive Chairman. “With ten consecutive quarters of positive Adjusted EBITDA and a dramatically lowered breakeven point that creates massive operating leverage, we’ve built a resilient financial foundation that positions us to capitalize on significant growth opportunities in both nutrition and digital fitness.”
