Weight Watchers Announces First Quarter 2026 Results
Weight Watchers reported Q1 revenue of $168 million, down 10% year-over-year, driven by a mix shift towards higher-value Clinical subscribers which grew 46% YoY to 197,000. Despite the revenue decline, Adjusted Gross Margin remained near record highs at 73.6% and the company reaffirmed its full-year 2026 guidance for revenue of $620M-$635M and Adjusted EBITDA of $105M-$115M.
Key figures
- Revenue
- 168261000
- Guidance
- FY26 revenue $620M-$635M; Adjusted EBITDA $105M-$115M (reaffirmed)
- Revenue Yoy
- -9.8%
- Cash and equivalents
- 120870000
- Adjusted gross margin
- 73.6%
- Clinical subscription revenue
- 39000000
- Clinical subscribers growth yoy
- 46%
- Annual interest expense reduction
- 4000000
- Clinical subscribers end of period
- 197000
- Debt prepayment principal reduction
- 42000000
- Clinical subscription revenue growth yoy
- 32%
AI analysis
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