OneSpaWorld Reports Strong Q2 2025 Earnings

Onespaworld Holdings ( (OSW) ) has released its Q2 earnings. Here is a breakdown of the information Onespaworld Holdings presented to its investors.

OneSpaWorld Holdings Limited, headquartered in Nassau, Bahamas, is a leading global provider of health and wellness services and products, primarily operating on cruise ships and in destination resorts worldwide.

In its second quarter of fiscal 2025, OneSpaWorld reported a total revenue of $240.7 million, a net income of $19.9 million, and an adjusted EBITDA of $30.5 million. The company also reaffirmed its annual revenue guidance and increased its annual adjusted EBITDA guidance, while introducing third-quarter guidance with expected revenues between $255-$260 million.

Key financial highlights include a 7% increase in total revenues compared to the previous year, driven by a 4% increase in average guest spend and fleet expansion. Net income saw a significant rise of 27%, and adjusted EBITDA increased by 13%. The company maintained a strong balance sheet with $86 million in total liquidity and declared a quarterly dividend of $0.04 per share.

Strategically, OneSpaWorld strengthened its market leadership by renewing its partnership with Windstar Cruises and commencing operations on new ship builds. The company is also exploring AI technologies to enhance guest experiences and operational efficiency.

Looking ahead, OneSpaWorld remains optimistic about its growth trajectory, expecting high single-digit growth in total revenues and adjusted EBITDA for fiscal 2025, reflecting the impact of its strategic initiatives to enhance profitability.