The Beachbody Company, Inc., now known as BODi, reported its financial results for the third quarter of 2026. Adjusted EBITDA was $6.4 million, compared to $9.5 million in the third quarter of 2025, which represents the 12th consecutive quarter of positive adjusted EBITDA and the fifth consecutive quarter of double-digit adjusted EBITDA margins.
Total revenue for the company was $45.2 million, compared to $59.9 million in the third quarter of 2025. Digital revenue was $27.8 million, compared to $36.4 million in the same period last year, with digital subscriptions totaling 690,000. Nutrition and “Other” revenue was $17.5 million, down from $23.5 million last year. Nutritional subscriptions totaled 60,000.
“Net income and adjusted EBITDA exceeded the high end of our guidance and revenue met expectations as we continue to transform our business model,” said Carl Daikeler, BODi Co-founder and Chief Executive Officer. “As the proactive wellness company delivering nutrition, supplements and proven fitness programs that help people take control of their health, we are executing on our omni-channel strategy to place our iconic brands wherever shoppers are. Our innovation pipeline is strong and we expect to continue to benefit from our compelling digital fitness content along with our premium nutritional products as consumers increasingly focus on complete wellness solutions.”
Gross margin during the quarter was 70.7%, compared to 74.6% in Q3 2025. Total operating expenses were $30.7 million, compared to $39.7 million in the previous year’s quarter. Operating income fell to $1.3 million, a $3.7 million decline, while net income was $3.3 million, down from $3.6 million. This is the fifth consecutive quarter of both operating and net income for the company.
Adjusted EBITDA was $6.4 million, compared to $9.5 million in the same period last year. Adjusted net income was $0.6 million, compared to $4.3 million in the third quarter of 2025.
“Our third quarter results mark our twelfth consecutive quarter of positive Adjusted EBITDA and our fifth consecutive quarter of double-digit Adjusted EBITDA margins, reflecting the operating discipline we have built into this company,” said Mark Goldston, BODi Executive Chairman. “Additional cost efficiencies are lowering our breakeven point even further and our multi-channel distribution strategy is gaining traction as we bring on new partners and expand our rollout across retail, DTC and Amazon. Our focus on the wellness category, under the BODi Wellness umbrella, significantly broadens our total addressable market and we are well positioned to capitalize on this massive opportunity.”
