WW International, Inc. (WW) Income Statement
WW 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsWW revenue and net income
Where WW's revenue goes
2025Each bar shows an amount and its share of revenue. WW kept 148.6% of revenue as net income.
WW profit margins
WW growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −9.6% | −11.9% | −12.4% | −4.8% |
| Gross profit | −4.2% | −6.3% | −8.1% | −1.2% |
| Operating income | −41.1% | — | −26.5% | −12.1% |
| Net income | — | — | +69.7% | +41.5% |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
WW quarterly EPS vs estimates
WW International beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.81).
WW income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $710.6M | $785.9M | $889.6M | $1.04B | $1.21B | $1.38B | $1.41B | $1.51B | $1.31B | $1.16B |
| Cost of revenue | $200.1M | $252.8M | $360.2M | $418.5M | $484.5M | $600.3M | $626.7M | $647.7M | $614.3M | $579.4M |
| Gross profit | $510.5M | $533.1M | $529.3M | $621.4M | $726.7M | $777.8M | $786.7M | $866.4M | $692.6M | $585.5M |
| Research & development | $42.4M | $42.2M | $47.4M | — | — | — | — | — | — | — |
| Sales, general & admin | $421.7M | $412.1M | $455.9M | $508.6M | $530.1M | $558.0M | $498.7M | $477.4M | $412.0M | $384.7M |
| Total operating expenses | $464.1M | $454.3M | $503.3M | $905.4M | $530.1M | $561.7M | $498.7M | $477.4M | $412.0M | $384.7M |
| Operating income | $46.4M | $78.8M | $26.0M | −$284.0M | $196.6M | $216.2M | $288.0M | $389.0M | $267.3M | $200.8M |
| Interest expense | $63.4M | $109.0M | $95.9M | $81.1M | $87.9M | $123.3M | $135.3M | $142.3M | $112.8M | $115.2M |
| Income before taxes | $1.09B | −$345.2M | −$73.6M | −$366.8M | $77.0M | $92.5M | $151.0M | $244.1M | $145.1M | $84.1M |
| Income taxes | $35.4M | $526,000 | $38.6M | −$109.9M | $9.9M | $17.5M | $31.5M | $20.5M | −$18.2M | $16.6M |
| Net income | $1.06B | −$345.7M | −$112.3M | −$256.9M | $67.1M | $75.1M | $119.6M | $223.7M | $163.5M | $67.7M |
| EBITDA | $1.22B | −$198.4M | $74.7M | −$241.9M | $213.4M | $266.5M | $331.2M | $433.0M | $331.5M | $253.4M |
| EPS (diluted) | −$5.51 | −$0.18 | −$0.62 | $0.17 | $1.45 | $1.71 | $1.79 | $2.78 | $1.66 | $1.02 |
| Gross margin | 71.8% | 67.8% | 59.5% | 59.8% | 60.0% | 56.4% | 55.7% | 57.2% | 53.0% | 50.3% |
| Operating margin | 6.5% | 10.0% | 2.9% | −27.3% | 16.2% | 15.7% | 20.4% | 25.7% | 20.5% | 17.2% |
| Net margin | 148.6% | −44.0% | −12.6% | −24.7% | 5.5% | 5.4% | 8.5% | 14.8% | 12.5% | 5.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $161.4M | $168.3M | $162.8M | $184.3M | $177.0M | $186.6M | $184.4M | $192.9M | $202.1M | $206.5M | $206.0M | $214.9M |
| Cost of revenue | $47.2M | $70.5M | $48.7M | $51.2M | $46.5M | $53.7M | $55.9M | $63.4M | $64.8M | $68.7M | $81.1M | $73.1M |
| Gross profit | $114.1M | $97.8M | $114.1M | $133.0M | $130.5M | $132.9M | $128.5M | $129.5M | $137.3M | $137.8M | $124.9M | $141.8M |
| Research & development | $6.4M | $8.1M | $8.9M | $8.2M | $14.2M | $11.1M | $8.9M | $10.0M | $10.7M | — | — | — |
| Sales, general & admin | $71.9M | $44.9M | $118.2M | $114.2M | $74.9M | $125.5M | $44.1M | $67.1M | $90.6M | $149.1M | $127.2M | $111.1M |
| Total operating expenses | $104.7M | $127.4M | $127.0M | $122.4M | $89.1M | $153.1M | $92.3M | $111.5M | $101.4M | $407.1M | $130.9M | $111.1M |
| Operating income | $9.5M | −$29.6M | −$12.9M | $10.6M | $41.4M | −$20.2M | $36.2M | $18.0M | $35.9M | −$269.3M | −$6.0M | $30.6M |
| Interest expense | $11.6M | $11.5M | $11.8M | $13.0M | $11.1M | $27.6M | $27.0M | $28.6M | $28.6M | $24.7M | $24.5M | $24.5M |
| Income before taxes | $2.9M | −$41.2M | −$24.7M | −$3.6M | $1.17B | −$50.0M | $13.4M | −$73.5M | $7.4M | −$292.5M | −$30.6M | $5.3M |
| Income taxes | −$11.2M | $10.8M | −$18.9M | $52.6M | −$20.9M | $22.6M | −$11.7M | −$27.3M | −$15.8M | $55.4M | $57.6M | −$38.4M |
| Net income | $14.1M | −$52.0M | −$5.8M | −$56.3M | $1.19B | −$72.6M | $25.1M | −$46.2M | $23.3M | −$347.9M | −$88.1M | $43.7M |
| EBITDA | $30.4M | −$3.8M | $13.4M | $36.5M | $1.19B | −$15.5M | $49.1M | −$35.8M | $50.2M | −$257.3M | $6.6M | $44.7M |
| EPS (diluted) | $1.41 | −$5.07 | −$0.49 | −$4.80 | $0.69 | −$0.91 | $0.32 | $0.24 | $0.32 | −$1.06 | −$0.06 | $0.06 |
| Gross margin | 70.7% | 58.1% | 70.1% | 72.2% | 73.7% | 71.2% | 69.7% | 67.1% | 67.9% | 66.7% | 60.6% | 66.0% |
| Operating margin | 5.9% | −17.6% | −7.9% | 5.8% | 23.4% | −10.8% | 19.6% | 9.3% | 17.8% | −130.4% | −2.9% | 14.2% |
| Net margin | 8.7% | −30.9% | −3.6% | −30.5% | 672.7% | −38.9% | 13.6% | −23.9% | 11.5% | −168.4% | −42.8% | 20.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in WW's financial statements (latest annual report filed March 16, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
WW financial results
In fiscal year 2025 (ended December 31, 2025), WW International reported revenue of $710.6 million, down 9.6% from the year before. It had net income of $1.1 billion, a net profit margin of 148.6%. Diluted earnings per share came to −$5.51. Over five years revenue grew at an average rate of −12.4% a year.
See the WW stock overview for the latest quote and news, or the WW chart for price history and technical indicators.
WW income statement FAQ
What is WW International's annual revenue?
WW International reported total revenue of $710.6 million for fiscal year 2025, which ended on December 31, 2025. That was down 9.6% from $785.9 million the previous year.
Is WW International profitable?
Yes. WW International reported net income of $1.1 billion in fiscal 2025, a net profit margin of 148.6%; its operating margin was 6.5%.
What is WW International's gross margin?
WW International's gross margin was 71.8% in fiscal 2025: for every $100 of revenue, WW International kept $72 after the direct cost of its products and services.
How much does WW International spend on research and development?
WW International spent $42.4 million on research and development in fiscal 2025, 6.0% of revenue.
How fast is WW International growing?
Revenue grew −12.4% a year on average over the last five fiscal years, from $1.4 billion to $710.6 million.
What are WW International's earnings per share?
WW International earned $-5.51 per diluted share in fiscal 2025, compared with $-0.18 a year earlier.
When will WW International report its next earnings?
WW International is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does WW International's fiscal year end?
WW International's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 16, 2026.