Beachbody (NASDAQ:BODI) Posts Quarterly Earnings Results, Beats Estimates By $0.40 EPS

Beachbody (NASDAQ:BODI) announced its quarterly earnings data on Tuesday. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.40, Zacks reports. Beachbody had a net margin of 2.21% and a return on equity of 36.72%. The business had revenue of $54.28 million during the quarter, compared to analyst estimates of $51.77 million.

Here are the key takeaways from Beachbody’s conference call:

• BODi delivered a profitable Q1, with revenue of $54.3 million above guidance, net income of $2.3 million, operating income of $3.1 million, and its 10th straight quarter of positive adjusted EBITDA at $8.0 million.
• The company said its legacy MLM revenue will mostly wash out by Q3 2026, which should make year-over-year comparisons cleaner and provide a better read on the new omni-channel business model.
• Management emphasized a major pivot toward nutrition and retail distribution, highlighting Shakeology, P90X supplements, and energy drinks as a much larger market opportunity than digital fitness.
• The company announced growing retail traction for Shakeology, including Sprouts, KeHE, and The Vitamin Shoppe, with The Vitamin Shoppe carrying all five flavors across more than 640 stores later this year.
• For Q2 2026, BODi guided to revenue of $46 million-$51 million, net income of -$3 million to breakeven, and adjusted EBITDA of $3 million-$6 million, while noting the business is still early in its transition.

Beachbody Stock Down 2.6%

Shares of NASDAQ BODI opened at $12.61 on Thursday. The business has a fifty day moving average of $11.80 and a two-hundred day moving average of $10.03. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.63 and a current ratio of 0.74. Beachbody has a 52-week low of $3.38 and a 52-week high of $16.87. The stock has a market cap of $90.54 million, a PE ratio of 18.82 and a beta of 1.11.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on BODI. Craig Hallum initiated coverage on Beachbody in a report on Monday, March 2nd. They set a “buy” rating and a $15.00 price objective on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Beachbody in a research report on Friday, March 27th. Wall Street Zen lowered shares of Beachbody from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Roth Mkm restated a “neutral” rating and issued a $13.00 price objective on shares of Beachbody in a research note on Wednesday. Finally, Zacks Research lowered shares of Beachbody from a “strong-buy” rating to a “hold” rating in a research report on Monday. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Beachbody has an average rating of “Hold” and an average price target of $15.67.

Institutional Trading of Beachbody

Several hedge funds have recently modified their holdings of the company. Cruiser Capital Advisors LLC acquired a new position in shares of Beachbody in the 3rd quarter worth approximately $117,000. Renaissance Technologies LLC grew its holdings in shares of Beachbody by 54.0% during the fourth quarter. Renaissance Technologies LLC now owns 52,769 shares of the company’s stock worth $547,000 after purchasing an additional 18,505 shares during the last quarter. State Street Corp acquired a new stake in shares of Beachbody in the fourth quarter valued at $166,000. Jane Street Group LLC bought a new position in shares of Beachbody in the fourth quarter worth about $140,000. Finally, Geode Capital Management LLC raised its position in Beachbody by 3.6% in the 4th quarter. Geode Capital Management LLC now owns 32,503 shares of the company’s stock worth $337,000 after purchasing an additional 1,125 shares during the last quarter. Institutional investors and hedge funds own 74.48% of the company’s stock.

Beachbody Company Profile

Beachbody is a consumer-oriented health and fitness company based in Santa Monica, California. Founded in 1998 by Carl Daikeler and Jon Congdon, the company originally gained prominence through at-home workout programs distributed on DVD. Over time, Beachbody has transitioned much of its content delivery to a subscription-based digital platform, offering on-demand streaming of exercise routines, meal plans and wellness coaching.

The company’s portfolio includes a range of branded fitness programs—such as P90X, Insanity, 21 Day Fix and Body Beast—alongside nutrition and supplement products marketed under the Beachbody Nutrition brand.