WW International (NASDAQ:WW) Posts Earnings Results, Misses Expectations By $2.75 EPS

WW International (NASDAQ:WW) issued its quarterly earnings results on Thursday. The company reported ($5.20) earnings per share for the quarter, missing analysts’ consensus estimates of ($2.45) by ($2.75), FiscalAI reports. The firm had revenue of $168.26 million for the quarter, compared to the consensus estimate of $158.53 million.

Here are the key takeaways from WW International’s conference call:

• Clinical (Med+) momentum — end-of-period clinical subscribers reached 197,000 (51% sequential growth) and clinical subscription revenue rose 32% year‑over‑year; clinical ARPU remains >4x behavioral and management expects clinical to be ~25–30% of 2026 revenue.
• Behavioral subscriber base continues to shrink — end-of-period behavioral subscribers were 2.5 million, down 25% year‑over‑year, contributing to Q1 revenue of $168 million, a 10% decline versus prior year.
• Company reaffirmed 2026 guidance (revenue $620–$635M; adjusted EBITDA $105–$115M), expects to generate cash in 2026, and will use $37 million in Q2 to reduce term‑loan principal, cutting ~$4 million of annual interest.
• Strategic positioning around GLP‑1s — management highlighted that combining FDA‑approved medications with WW behavioral support drives stronger outcomes (Med+ members in GLP‑1 Success lost 29.1% more body weight at 12 months) and sees orals/affordability expanding the addressable market.
• Margins and spending are mixed — Q1 adjusted gross margin stayed near a record at 73.6% despite a clinical mix shift, but marketing was front‑loaded at $93M and management expects modest gross‑margin pressure in 2026 while marketing as a percent of revenue increases slightly.

WW International Trading Up 11.2%

NASDAQ:WW traded up $1.03 on Friday, hitting $10.20. The company had a trading volume of 663,673 shares, compared to its average volume of 347,018. The stock has a market capitalization of $101.99 million, a price-to-earnings ratio of -1.76 and a beta of 1.30. The firm has a 50 day moving average of $15.33 and a two-hundred day moving average of $22.64. WW International has a 52 week low of $8.36 and a 52 week high of $46.95.

Analyst Ratings Changes

Several equities analysts recently commented on WW shares. Weiss Ratings reissued a “sell (d+)” rating on shares of WW International in a research note on Friday, January 9th. Zacks Research raised shares of WW International from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, WW International has a consensus rating of “Reduce”.

Hedge Funds Weigh In On WW International

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. bought a new position in WW International in the 3rd quarter valued at approximately $623,000. Quinn Opportunity Partners LLC bought a new position in shares of WW International during the fourth quarter valued at $1,010,000. Marshall Wace LLP bought a new position in shares of WW International during the fourth quarter valued at $1,108,000. Geode Capital Management LLC raised its stake in shares of WW International by 3.9% during the fourth quarter. Geode Capital Management LLC now owns 113,610 shares of the company’s stock valued at $3,321,000 after acquiring an additional 4,251 shares during the last quarter. Finally, Cooper Creek Partners Management LLC bought a new position in shares of WW International during the third quarter valued at $3,336,000. Institutional investors own 86.18% of the company’s stock.

About WW International

WW International, Inc (NASDAQ: WW) is a global wellness and weight management company that provides a range of subscription-based programs, digital tools and personalized coaching services. Originally founded in 1963 by Jean Nidetch as a small support group in New York City, the company grew into the well-known Weight Watchers brand before rebranding as WW in 2018 to reflect an expanded focus on overall health, fitness and nutrition. Over the years, WW has introduced innovations such as the SmartPoints® system, which assigns values to foods based on their nutritional composition, and the MyWW® personalized wellness plan, which tailors recommendations to individual lifestyles and goals.

WW’s offerings span digital and in-person channels.