← Beachbody Company, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | $755.8m |
$863.6m
+14.26%
|
$873.6m
+1.17%
|
$692.2m
-20.77%
|
$527.1m
-23.85%
|
$418.8m
-20.55%
|
$251.7m
-39.89%
|
|
| Cost of Revenue | $210.3m |
$249.7m
+18.73%
|
$328.7m
+31.62%
|
$322.6m
-1.84%
|
$204.0m
-36.76%
|
$131.5m
-35.57%
|
$67.9m
-48.31%
|
|
| Gross Profit | $545.5m |
$613.9m
+12.54%
|
$545.0m
-11.22%
|
$369.6m
-32.19%
|
$323.1m
-12.58%
|
$287.3m
-11.06%
|
$183.8m
-36.04%
|
|
| Research and Development Expense | — | $4.6m | $4.6m | $4.4m | $2.7m | $1.6m | $1.7m | |
| Enterprise technology and development | $84.1m | $93.0m | $119.9m | $104.4m | $74.4m | $76.4m | $42.3m | |
| Selling and Marketing Expense | $384.4m | $464.0m | $548.1m | $360.0m | $282.1m | $200.1m | $93.6m | |
| Marketing and Advertising Expense | — | $98.2m | $166.9m | $36.9m | $31.5m | $29.5m | $39.9m | |
| General and Administrative Expense | $56.9m | $64.8m | $79.7m | $78.4m | $57.9m | $49.2m | $39.9m | |
| Amortization of Intangible Assets | — | $4.1m | $10.6m | $18.3m | $5.1m | — | — | |
| Restructuring Costs | — | — | — | $10.0m | $6.5m | $7.8m | — | |
| Restructuring | — | ($1.7m) | ($320k) | $10.0m | $6.5m | $7.8m | $2.5m | |
| Operating Expenses | $526.6m | $620.2m | $842.3m | $572.7m | $464.1m | $353.6m | $178.3m | |
| Operating Income (Loss) | $18.9m |
($6.3m)
-133.38%
|
($297.3m)
-4617.84%
|
($203.2m)
+31.67%
|
($141.0m)
+30.60%
|
($66.2m)
+53.04%
|
$5.5m
+108.35%
|
|
| Interest Expense | ($790k) | $527k | $536k | $3.4m | $8.9m | $6.9m | $5.0m | |
| Investment Income, Interest | — | — | — | — | — | $1.2m | $1.1m | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | $200k | $0 | $600k | $200k | $600k | ($300k) | |
| Gain (Loss) on Investments | — | $288k | $3.1m | — | — | — | — | |
| Other Nonoperating Income (Expense) | $813k | $666k | $3.2m | $958k | $1.7m | $2.9m | $859k | |
| Other income, net | $813k | $666k | $3.2m | $958k | $1.7m | $2.9m | $859k | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | ($8.1m) | ($247.0m) | ($198.2m) | ($154.6m) | ($73.8m) | ($4.7m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $18.9m | ($6.2m) | ($243.9m) | ($197.2m) | ($152.6m) | ($71.4m) | ($2.7m) | |
| Current Income Tax Expense (Benefit) | — | ($326k) | $323k | $92k | ($228k) | ($234k) | $125k | |
| Income tax provision | $13.4m | ($15.3m) | $15.5m | $3.1m | ($37k) | ($239k) | ($125k) | |
| Net loss | $32.3m | ($531k) | ($228.4m) | ($194.2m) | ($152.6m) | ($71.6m) | ($2.9m) | |
| Net Income (Loss) Attributable to Parent | — | ($21.4m) |
($228.4m)
-965.61%
|
($194.2m)
+14.97%
|
($152.6m)
+21.40%
|
($71.6m)
+53.07%
|
($2.9m)
+96.01%
|
|
| Earnings Per Share, Basic | $0.14 | ($0.09) | ($0.83) | ($0.63) | ($24.47) | ($10.51) | ($0.41) | |
| Earnings Per Share, Diluted | $0.12 | ($0.09) | ($0.83) | ($0.63) | ($24.47) | ($10.51) | ($0.41) | |
| Weighted Average Number of Shares Outstanding, Basic | 236.3m | 239.5m | 275.4m | 307.5m | 6.2m | 6.8m | 7.0m | |
| Weighted-average common shares outstanding, basic | 236.3m | 239.5m | 275.4m | 307.5m | 6.2m | 6.8m | 7.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 236.3m | 239.5m | 275.4m | 307.5m | 6.2m | 6.8m | 7.0m | |
| Additional Financial Items | ||||||||
| Business Combination, Acquisition Related Costs | — | — | ($19.9m) | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | $52.6m | $0 | $40.0m | $20.0m | $0 | |
| Reclassification from AOCI, Current Period, before Tax, Attributable to Parent | — | ($92k) | ($550k) | ($108k) | ($222k) | ($64k) | — | |
| Impairment of goodwill | — | — | $52.6m | $0 | $40.0m | $20.0m | $0 | |
| Impairment of intangible assets | — | — | — | $19.9m | $3.1m | $0 | — | |
| Loss on debt extinguishment | — | — | — | — | ($3.2m) | ($2.4m) | ($2.2m) | |
| Impairment of other investment | — | — | — | — | ($4.0m) | $0 | — | |
| Change in fair value of warrant liabilities | $0 | $0 | $50.7m | $8.3m | $2.7m | $1.1m | ($2.0m) | |
| Weighted-average common share outstanding, diluted | $276,090,222.00 | $239,540,090.00 | $275,358,771.00 | $307,489,198.00 | $6,238,777.00 | $6,818,052.00 | $6,971,428.00 |