Beachbody Fourth Quarter Revenue Falls 27 Percent to 86 Million; Books 20 Million Goodwill Charge

EL SEGUNDO, Calif., March 27, 2025 --

The Beachbody Company reported fourth-quarter 2024 revenue of 86.4 million dollars, down from 119.0 million dollars a year earlier and at the high end of guidance. Digital revenue fell to 50.4 million dollars and nutrition and other revenue to 34.8 million dollars. The net loss narrowed to 34.6 million dollars from 65.0 million dollars and included a 20.0 million dollar goodwill impairment, while adjusted EBITDA rose to 8.7 million dollars, its fifth straight positive quarter.

Co-founder and Chief Executive Carl Daikeler said the company streamlined its digital platform, lowered its breakeven point and rebuilt itself from a multi-level marketing network into a single-level affiliate model. Total subscriptions fell 21 percent to 1.16 million. Full-year revenue declined to 418.8 million dollars from 527.1 million dollars.

For the first quarter of 2025, the company forecast revenue of 60 million to 70 million dollars, a net loss of 7 million to 11 million dollars and adjusted EBITDA ranging from a 2 million dollar loss to a 2 million dollar gain.