The Beachbody Company, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $251.7M | $418.8M | $527.1M | $692.2M | $873.6M | $863.6M | $755.8M |
| Cost of Revenue | $67.9M | $131.5M | $204.0M | $322.6M | $328.7M | $249.7M | $210.3M |
| Gross Profit | $183.8M | $287.3M | $323.1M | $369.6M | $545.0M | $613.9M | $545.5M |
| Gross Margin | 73.0% | 68.6% | 61.3% | 53.4% | 62.4% | 71.1% | 72.2% |
| Operating Expenses | |||||||
| Research & Development | $1.7M | $1.6M | $2.7M | $4.4M | $4.6M | $4.6M | $4.6M |
| SG&A Expense | $39.9M | $49.2M | $57.9M | $78.4M | $79.7M | $64.8M | $56.9M |
| Operating Income | $5.5M | $-66.2M | $-141.0M | $-203.2M | $-297.3M | $-6.3M | $18.9M |
| Operating Margin | 2.2% | -15.8% | -26.7% | -29.3% | -34.0% | -0.7% | 2.5% |
| Interest Expense | $5.0M | $6.9M | $8.9M | $3.4M | $536.0K | $527.0K | $790.0K |
| Pretax Income | $-2.7M | $-71.4M | $-152.6M | $-197.2M | $-243.9M | $-6.2M | $18.9M |
| Income Tax Expense | $125.0K | $239.0K | $37.0K | $-3.1M | $-15.5M | $15.3M | $-13.4M |
| Net Income | $-2.9M | $-71.6M | $-152.6M | $-194.2M | $-228.4M | $-21.4M | $32.3M |
| Net Margin | -1.1% | -17.1% | -29.0% | -28.1% | -26.1% | -2.5% | 4.3% |
| EPS (Basic) | $-0.41 | $-10.51 | $-24.47 | $-31.58 | $-0.83 | $-0.09 | $0.14 |
| EPS (Diluted) | $-0.41 | $-10.51 | $-24.47 | $-31.58 | $-0.83 | $-0.09 | $0.12 |
| Shares Outstanding (Basic) | 7.0M | 6.8M | 6.2M | 6.1M | 275.4M | 239.5M | 236.3M |
| Shares Outstanding (Diluted) | 7.0M | 6.8M | 6.2M | 6.1M | 275.4M | 239.5M | 276.1M |
| Dividends Per Share | — | — | — | — | — | — | — |