NASDAQ$WW

Weight Watchers International Inc. · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

WW International reported Q4 2025 revenue of $163M and a net loss of $6M.

Q4 total revenue was $163 million (-12% YoY) with clinical subscription revenue up 32% to $27 million. Net loss was $6 million (3.6% margin); adjusted EBITDA $18 million (11.1% margin). FY25 revenue and adjusted EBITDA exceeded prior guidance.

  • Clinical subscribers +42% YoY to 130k; 17% of subscription revenue from clinical.
  • Behavioral business faces GLP-1 and post-Chapter 11 headwinds.
  • FY26 revenue guidance $620M–$635M; adjusted EBITDA $105M–$115M.
  • Cash $160M at year-end after elevated marketing days.
  • Integrated clinical + behavioral strategy evolving revenue mix.

Headline financials

Total Revenue

$163M

Previous: $184M-11.6%
Net Income

-$6M

Previous: $25.1M-123.9%

Revenue & EPS history

Weight Watchers · Revenue · Quarterly

$163M

Q4 2025-11.6%vs Q4 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Weight Watchers · $203M total across 1 segment · Q3 2023

  • Subscription Revenues
    $203M

Forward guidance

FY26 revenue $620M–$635M and adjusted EBITDA $105M–$115M; Q1 2026 EOP subscribers ~2.65M.

Tailwinds

  • Clinical growth offsets behavioral secular pressure.
  • 2025 results above prior guidance.

Headwinds

  • Total revenue still declining YoY.
  • Marketing calendar shift pressured Q4 adjusted EBITDA margin.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 3 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-1.5%

Avg return

Earnings day

-16.3%

Avg return

5 days after

-12.9%

Avg return

30 days after

45%

29 / 64 earnings

Positive

+63.1%

Q4 2022

Best reaction

-44.1%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-22.5%-18.2%+37.4%
Q4 2025+0.7%-16.2%-48.7%
Q3 2025+4.0%-14.4%-27.4%
Q1 2025-44.1%
Q4 2024-19.9%
Q3 2024-11.2%
Q2 2024-20.9%
Q1 2024+14.2%
Q4 2023-14.5%
Q3 2023-8.5%
Q2 2023-24.9%
Q1 2023+25.9%
Q4 2022+63.1%
Q3 2022-2.6%
Q2 2022-21.3%
Q1 2022+0.8%
Q4 2021+1.3%
Q3 2021+3.4%
Q2 2021-21.3%
Q1 2021+33.0%
Q3 2020-4.4%
Q2 2020-9.1%
Q1 2020+18.5%
Q4 2019-15.3%
Q3 2019-11.6%
Q2 2019+40.0%
Q1 2019+15.4%
Q4 2018-34.1%
Q3 2018-27.2%
Q2 2018-14.2%
Q1 2018-4.0%
Q4 2017-5.6%
Q3 2017+13.9%
Q2 2017+24.6%
Q1 2017+8.7%
Q4 2016+40.2%
Q3 2016+7.2%
Q2 2016-0.2%
Q1 2016+1.7%
Q4 2015-28.3%
Q3 2015+38.7%
Q2 2015+21.1%
Q1 2015-12.6%
Q4 2014-35.6%
Q3 2014-9.1%
Q2 2014+9.4%
Q1 2014+15.5%
Q4 2013-25.5%
Q3 2013-18.7%
Q2 2013-19.9%
Q1 2013+1.1%
Q4 2012-16.7%
Q3 2012+15.8%
Q2 2012-15.7%
Q1 2012+0.6%
Q4 2011-1.9%
Q3 2011+5.1%
Q2 2011+1.9%
Q4 2009-0.2%
Q1 2011+1.1%
Q3 2010+2.8%
Q2 2010-0.6%
Q4 2010-0.6%
Q1 2010-1.5%

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