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WW International (WW) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 7, 2026

WW International (WW) reported revenue of $168M for the first quarter 2026 (Q1 2026), -10% from a year earlier and +3% from the quarter before. Operating margin was -18.1%, net loss $52.0M (30.9% of revenue).

Revenue$168M
Year over year-10%
Quarter over quarter+3%
Operating margin-18.1%
Net earnings−$52.0M

WW International, Q1 2026: revenue $168M (-10% year over year), operating margin -18.1%, net loss $52.0M, operating cash flow −$33.5M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$168M+3%-10%
Operating profit−$30.4M——
Net earnings−$52.0M——
Operating cash flow−$33.5M—-324%

What changed

Revenue was $168.3M in Q1 2026, down 10% year over year and up 3% from the previous quarter. Behavioral Subscription Revenues was the largest line at 76% of revenue. Behavioral Subscription Revenues lost $27.2M year over year (down 17%), 149% of the total change.

Gross margin was 70.5%, down 0.7 points from Q1 2025. Operating costs exceeded revenue by $30.4M, an operating margin of -18.1%. Operating expenses fell 3% while revenue fell 10%. The fastest-growing cost line was SG&A (+35%). The quarter ended with a net loss of $52.0M, wider than the previous quarter's $5.8M loss.

Operating cash flow was −$33.5M. Non-cash charges added back $25.9M of depreciation and amortization and $391K of share-based compensation. Working capital and other items used $7.8M.

Questions

What was WW International's revenue in the first quarter 2026?

WW International (WW) reported revenue of $168M for the first quarter 2026 (Q1 2026), -10% from a year earlier and +3% from the quarter before.

Was WW International profitable in the first quarter 2026?

Operating loss was $30.4M (-18.1% of revenue) and net loss $52.0M.

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Source: WW International 10-Q on SEC EDGAR.