The Beachbody Company, Inc. (BODI) Stock

The Beachbody Company, Inc. (BODI) is a Consumer Discretionary stock trading at $6.46 (as of 2026-08-20), with a market capitalization of $48.90M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

The Beachbody Company, Inc. is a health and wellness subscription business that offers digital fitness and nutrition programs through Beachbody on Demand and BODi, along with nutrition products and related offerings. It serves customers in the United States and internationally with content and consumer packaged goods.

Understand The Beachbody Company, Inc.: how it makes money

Beachbody provides subscription health and wellness programs, combining a digital fitness and nutrition content platform (Beachbody on Demand and BODi live programs) with nutrition products such as Shakeology and performance supplements, generating revenue from digital subscriptions and nutrition-related offerings.

The business model is structurally driven by retaining digital subscribers, with Average Digital Retention of 95.9%, so sustained engagement supports recurring Digital Revenue while the company also monetizes nutrition subscriptions.

Revenue by segment (latest quarter)
Digital	$0.0B
Nutrition	$0.0B
Connected Fit	$0.1B

Business quality (Weak): Strong digital retention is a clear operational strength, but the overall scale and profit generation remain modest in the latest quarter (operating margin 5.7%), making execution and subscriber monetization important.

Valuation: At 13× earnings, BODI trades 32% below the Retail average (19×). Note: one-time items can distort reported P/E.

Bull case

High digital retention: Average Digital Retention is 95.9%, which supports the subscription model behind Digital Revenue.
Recurring digital subscriber base: Digital Subscriptions total 810,000, indicating ongoing demand for the digital fitness and nutrition content library and live programs.

Bear case

Profit margin remains relatively thin: Even with a 71.8% gross margin, operating margin is 5.7%, so operating costs and investment decisions can materially impact results.
Contribution from connected fitness is unclear from the provided segment mix: Connected Fitness Revenue is shown as 0.0 in the segment candidates, while physical fulfillment metrics (Connected Fitness Units Delivered and Bikes Delivered) indicate activity that may not translate into material revenue in this snapshot.

Valuation — source: SEC EDGAR (first-party)
Price	$6.46
Market Cap	$48.90M
EV / EBITDA	3.8
Price / Book	1.42
Price / Sales	0.20
FCF Yield	34.9%
DCF Value (model)	$9.42
DCF Upside vs Price	45.8%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$251.73M
Net Margin	-1.1%
Revenue Growth (YoY)	-39.9%
EPS Growth (YoY)	-96.1%
FCF Growth (YoY)	-976.3%

Financial Health — source: SEC EDGAR
Altman Z-Score	-4.27 (distress)
Piotroski F-Score	5/9 (moderate)

Valuation vs Sector & Industry
Sector P/E (Consumer Discretionary)	20.5
Industry P/E (Retail)	19.5

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	Raine Capital LLC ($7.29M)
Institutional Holders Tracked	10

Company
Sector	Consumer Discretionary
Industry	Retail
CEO	Carl D. Daikeler
Employees	355
Country	US
IPO Date	2021-01-15

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Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.