The Beachbody Company, now known as BODi, announced its financial results for the third quarter of 2025. Revenue during the quarter was $59.9 million, down from $102.2 million in the same period of 2024. Of this revenue, Digital was the strongest category, with $36.4 million in revenue, down from $53.7 million in the third quarter of 2024. Nutrition and Other revenue was $23.5 million, down from $47.4 million year-over-year. Connected Fitness is no longer an active category, given the ending of sales of the company’s bike inventory in Q1 2025.
Gross margin during the quarter was 74.6%, compared to 67.3% in the same period last year. Total operating expenses were $39.7 million, down from $81.8 million in the third quarter of last year, and operating income improved by $18 million to $5 million. This income represents the first income the company has posted since going public.
Net income was $3.6 million, its first posted net income since going public, and adjusted EBITDA was $9.5 million, compared to $10.1 million in the same period of 2024.
“Our strategic transformation continues to deliver better than expected results,” said Carl Daikeler, BODi Co-Founder and Chief Executive Officer. “As we continue building a more efficient operating model, we are pleased to have generated net income for the first time since becoming a public company in 2021. We have executed a significant turnaround focused on strengthening our financial position, significantly lowering our break-even point, and enabling the company to capitalize on the operating leverage that is now built into the business. Our improved financial position allows us to leverage our robust innovation pipeline that we have developed with a goal of returning the company to topline growth. Looking ahead, we’re building on a solid foundation with eight consecutive quarters of positive adjusted EBITDA and clear visibility to positive free cash flow for the full year. Our strengthened balance sheet positions us to expand distribution into new channels and capitalize on the significant opportunities in the health and wellness market. BODi is uniquely positioned to help more people achieve their fitness goals while driving sustainable growth for our shareholders.”
The post The Beachbody Company Reports Q3 2025 Financial Results first appeared on Direct Selling News.
