Beachbody Inc. Reports Strong Q1 Results and New Loan

Beachbody Company Inc ( (BODI) ) has released its Q1 earnings. Here is a breakdown of the information Beachbody Company Inc presented to its investors.

Beachbody Company Inc., known as BODi, is a prominent player in the fitness and nutrition industry, offering structured home fitness programs and nutritional supplements. In its latest earnings report, Beachbody announced a new three-year $25 million committed lending agreement, which has strengthened its balance sheet. The company reported revenues and net loss figures that were better than their guidance, with a gross margin of 71%, marking the sixth consecutive quarter of positive adjusted EBITDA.

Beachbody’s financial performance in the first quarter of 2025 showed a total revenue of $72.4 million, a decrease from $120 million in the previous year. Digital revenue was $42.9 million, and nutrition and other revenue stood at $28.7 million. Despite the decline in revenue, the company managed to improve its operating loss by $7.1 million, resulting in a net loss of $5.7 million, a significant improvement from the $14.2 million net loss in the prior year.

The company has also announced a new lending agreement with Tiger Finance, which includes a $35 million loan facility. This agreement allowed Beachbody to retire $17.3 million of outstanding debt and add approximately $5 million in capital to its balance sheet. The company sees this as a positive step towards optimizing its top-line potential and positioning itself for long-term success.

Looking ahead, Beachbody’s management acknowledges that 2025 will be a transition year as they implement strategic initiatives. However, with the new business model and financial backing, the company is optimistic about its opportunities to enhance its market reach and improve financial performance in the coming years.