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How WW International (WW) makes money

WW International (WW) made $153M of revenue in the third quarter 2026 (Q3 2026), -17% from a year earlier. Subscription brought in $152M (99%); Other brought in $941K (1%). Of every dollar of revenue, 71¢ was left as gross profit, 24¢ was left as operating profit, 10¢ was left as net earnings.

Drawing the Sankey…

WW International revenue by segment, Q3 2026WW International revenue by segment, Q3 2026Subscription$152MOther$941K
WW International: revenue by line, Q4 2024 to Q3 2026WW International: revenue by line, Q4 2024 to Q3 2026SubscriptionOtherSubscription: $152M latest$152MOther: $941K latestQ4 2024Q1 2025Q3 2025Q1 2026Q2 2026Q3 2026
The mix barely moved between Q4 2024 and Q3 2026.
WW International revenue by quarterWW International revenue by quarter$184MQ4 2024$187MQ1 2025$184MQ3 2025$163MQ4 2025$168MQ1 2026$162MQ2 2026$153MQ3 2026
WW International: where each dollar of revenue goesWW International: where each dollar of revenue goesCost of revenue29¢Gross profit71¢Operating expenses47¢Operating profit24¢Income tax7¢Net earnings10¢Operating cash flow21¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Subscription$152M99.4%-6%-17%
  ↳ Behavioral Subscription Revenues$114M74.5%-6%-27%
  ↳ Clinical Subscription Revenues$38.0M24.9%-5%+38%
Other$941K0.6%+1%-25%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$153M100.0%
Cost of revenue$44.2M28.9%
Gross profit$109M71.1%
Operating expenses$72.2M47.2%
Operating profit$36.5M23.9%
Income tax$10.7M7.0%
Net earnings$15.1M9.9%
Operating cash flow$32.3M21.1%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$153M-17%
Q2 2026$162M—
Q1 2026$168M-10%
Q4 2025$163M-12%
Q3 2025$184M-4%
Q1 2025$187M-10%
Q4 2024$184M-10%

From WW International's 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does WW International make money?

WW International (WW) made $153M of revenue in the third quarter 2026 (Q3 2026), -17% from a year earlier. Subscription brought in $152M (99%); Other brought in $941K (1%). Of every dollar of revenue, 71¢ was left as gross profit, 24¢ was left as operating profit, 10¢ was left as net earnings.

What is WW International's biggest business?

Subscription: $152M in the third quarter 2026, 99% of revenue, -17% from a year earlier.

What is WW International's profit margin?

Net earnings were $15.1M, 9.9% of revenue, in the third quarter 2026; the operating margin was 23.9%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.