Beachbody Company, Inc.
For the period ended Mar 31, 2026. Filed May 12, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 12, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Statements of Operations
(in thousands, except per share data)
| Three months ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenue: | ||
| Digital | $33,562 | $42,911 |
| Nutrition and other | 20,722 | 28,653 |
| Connected fitness | — | 799 |
| Total revenue | 54,284 | 72,363 |
| Cost of revenue: | ||
| Digital | 4,230 | 6,211 |
| Nutrition and other | 11,055 | 13,451 |
| Connected fitness | — | 1,152 |
| Total cost of revenue | 15,285 | 20,814 |
| Gross profit | 38,999 | 51,549 |
| Operating expenses: | ||
| Selling and marketing | 18,759 | 30,970 |
| Enterprise technology and development | 9,407 | 12,596 |
| General and administrative | 7,719 | 11,657 |
| Total operating expenses | 35,885 | 55,223 |
| Operating income (loss) | 3,114 | (3,674) |
| Other income (expense): | ||
| Change in fair value of warrant liabilities | (191) | (689) |
| Interest expense | (1,014) | (1,565) |
| Other income, net | 409 | 225 |
| Income (loss) before income taxes | 2,318 | (5,703) |
| Income tax provision | (32) | (45) |
| Net income (loss) | $2,286 | $(5,748) |
| Net income (loss) per common share, basic (1) | $0.32 | $(0.84) |
| Net income (loss) per common share, diluted (1) | $0.30 | $(0.84) |
| Weighted-average common shares outstanding, basic | 7,114 | 6,883 |
| Weighted-average common shares outstanding, diluted | 7,569 | 6,883 |
(1)In computing basic and diluted net income per common share, net income is reduced by the amount of undistributed net income allocated to participating securities other than common shares, as required under the two-class method. See Note 14: Income (loss) per Share
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