WW International, Inc. (WW)
NASDAQ:WW
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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.48Last Year’s EPS
14.43Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a balanced picture: clear operational and strategic positives driven by rapid Clinical growth, improving ARPU, strong program outcomes, high adjusted gross margins and reaffirmed full-year guidance. Offsetting these gains are meaningful declines in Behavioral subscribers and Behavioral revenue, a quarter with a small EBITDA loss and a front-loaded marketing spend that reduced cash in Q1. Management is executing a deliberate multiyear transformation, and while early signs are encouraging, near-term risks (subscriber base mix shift, marketing cadence, interest costs and legacy compounding churn) temper the outlook.Company Guidance
Strong Clinical Growth and Improving Revenue Mix
Clinical subscription revenue grew 32% year-over-year; end-of-period Clinical subscribers grew 46% year-over-year and reached 197,000 (a 51% sequential increase). Management expects Clinical subscription revenue to comprise ~25%–30% of 2026 revenue, up from 16% in 2025.
Higher ARPU and Successful Upsell Dynamics
Overall Q1 ARPU increased 13% year-over-year to $20.59. Clinical ARPU remained over 4x higher than Behavioral ARPU; Core+ ARPU is nearly 2x Core. More than 20,000 existing Behavioral members upgraded to Clinical, and members who attend virtual experiences are 3–4x more likely to upgrade to Core+.
Clinical Outcomes and Program Effectiveness
Med+ members who regularly engaged in the GLP-1 success program lost 29.1% more body weight at 12 months vs non-engaged members. Company real-world data showed 19.4% weight loss at 12 months, supporting the combined clinical + behavioral offering as a competitive advantage.
High Adjusted Gross Margin and Cost Discipline
Adjusted gross margin remained near record highs at 73.6% in Q1. Adjusted SG&A was 15% of revenue and adjusted product development was 5% of revenue. Management highlighted structural margin improvements and cost actions, including exiting the corporate headquarters lease.
Reaffirmed Full-Year Guidance and Planned Debt Reduction
Management reaffirmed 2026 guidance: revenue $620M–$635M and adjusted EBITDA $105M–$115M, and expects to generate cash in 2026. Cash on hand was $121M at quarter end and the company plans a $37M cash utilization in Q2 to reduce term loan principal (expected to lower annualized interest by ~ $4M).
Core+ Engagement and Digital Offerings Momentum
Core+ subscribers reached 537,000, a 6% year-over-year increase. Virtual workshop attendance among Core+ members in the U.S. rose nearly 40% year-over-year, with growth in members attending multiple meetings per week and tailored programs (GLP-1 success, menopause) driving engagement and conversions.
WW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $11.80 | $9.17 | -22.29% |
Mar 03, 2026 | $21.80 | $21.78 | -0.09% |
Nov 06, 2025 | $33.20 | $34.37 | +3.52% |
Jul 31, 2025 | $42.19 | $42.31 | +0.28% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does WW International, Inc. (WW) report earnings?
WW International, Inc. (WW) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is WW International, Inc. (WW) earnings time?
WW International, Inc. (WW) earnings time is at Jul 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WW EPS forecast?
WW EPS forecast for the fiscal quarter 2026 (Q2) is 0.48.
