WW International, Inc.
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Range $20 – $20
Price Chart
About the company
WW International, Inc. , founded in 1961 and based in New York, New York, is a leading global provider of services and goods aimed at weight management and overall wellness. The company, which operated as Weight Watchers International, Inc.
- CEO
- Felicia DellaFortuna
- IPO
- 2001
- Employees
- 3,500
- HQ
- New York City, NY, US
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Similar companies
Peers in the same neighborhood.
- Market Cap
- $149.98M
- P/E
- -1.50
- PEG
- 0.01
- P/S
- 0.22
- P/B
- 0.54
- EV/EBITDA
- 4.64
- Div Yield
- 0.00%
- Gross Margin
- 67.84%
- Op Margin
- -3.31%
- Net Margin
- -14.78%
- ROE
- -33.75%
- ROIC
- -3.05%
Latest fiscal year · YoY change
- Revenue
- $710.64M-9.6%
- Gross Profit
- $510.50M-4.2%
- Op Income
- $46.43M
- Net Income
- $1.06B+405.5%
- EPS
- $105.69+126.1%
- OCF Growth
- -71.6%
- FCF Growth
- -39.5%
- 52W High
- $38.38
- 52W Low
- $8.37
- 50D MA
- $15.87
- 200D MA
- $19.34
- Beta
- 1.77
- RSI (14)
- 50
- Avg Volume
- 211.23K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
WeightWatchers delivered improved profitability and cash generation in Q2 as Core+ and clinical tiers grew, while reaffirming full-year revenue and adjusted EBITDA guidance.· August 5, 2026
- Total subscribers ended at 2.5 million; Core+ grew 13.9% year over year to 541 thousand and clinical subscribers rose 55.7% year over year to 197 thousand.
- Q2 revenue was $162.3 million versus $189.2 million a year ago, while adjusted EBITDA was $39.8 million, or 24.5% margin.
- Gross margin remained strong at 70.3% and adjusted gross margin at 73.6%, both near record highs despite a larger clinical mix.
- Management reaffirmed 2026 guidance for revenue of $620 million to $635 million and adjusted EBITDA of $105 million to $115 million.
- Cash flow improved: operations generated approximately $24.3 million of cash, and the company paid down $36.8 million of term loan debt, leaving $423.6 million outstanding.
Q2 revenue was $162.3 million, down from $189.2 million in Q2 2025. Adjusted EBITDA was $39.8 million, a 24.5% margin, versus a loss of $1.8 million in Q1 2026 and $65.3 million in Q2 2025. Gross margin was 70.3% and adjusted gross margin was 73.6%. ARPU increased 10.2% year over year. Net income was $14.1 million, including a $4.6 million gain on extinguishment of debt, and the quarter included $25.9 million of depreciation and amortization. For the full year 2026, the company reaffirmed revenue guidance of $620 million to $635 million and adjusted EBITDA guidance of $105 million to $115 million. It also expects clinical subscription revenue to be 25% to 30% of total 2026 revenue, modestly lower adjusted gross margin than 2025 but still above 72%, modestly higher marketing expense as a percentage of revenue than 2025, and positive operating cash flow for the full year.
Jonathan Volkmann emphasized that WeightWatchers is differentiating itself by combining FDA-approved GLP-1 access with human support from clinicians, dietitians, coaches, and community. He framed the company’s offering as a “best of both worlds” model and said the platform is becoming more relevant as the market shifts toward medication-based weight loss. His tone was confident, with repeated emphasis on the company’s integrated ecosystem, flexibility across Core, Core+, and Med+, and the belief that the strategy is building momentum.
Felicia DellaFortuna said the quarter showed “ongoing progress” in the multiyear transformation, with 2 of 3 subscription tiers stable or growing and operating cash flow turning positive. She highlighted 541 thousand Core+ subscribers, 197 thousand clinical subscribers, $162.3 million in revenue, 70.3% gross margin, 73.6% adjusted gross margin, and $39.8 million of adjusted EBITDA. On the balance sheet, she said cash and cash equivalents were $101.5 million, operations generated approximately $24.3 million of cash, the company paid down $36.8 million of term loan debt, and the remaining term loan balance was $423.6 million; she also said annual interest expense should fall by approximately $4 million. She reaffirmed 2026 guidance and said interest costs should be about $45 million to $50 million, cash taxes $5 million to $10 million, and marketing spend should be lower in Q3 before ramping in Q4.
There were no analyst questions during the call. As a result, no management follow-up was needed on demand trends, GLP-1 mix shift, or the impact of lower marketing spend beyond the prepared remarks. The only implied investor focus areas were the durability of clinical subscriber growth, the expected moderate decline in clinical subs from lower marketing, and the company’s ability to keep margins above 72% while investing through the back half of the year.
The call showed clear progress in higher-value tiers: Core+ posted a third straight quarter of sequential growth and clinical revenue remained a growing share of the business. Management also pointed to strong cash generation, debt reduction, and near-record margins, while reaffirming full-year revenue and EBITDA targets. The company is positioning itself as a differentiated weight-loss platform combining medication, behavioral support, and technology.
Total revenue and behavioral subscribers were down year over year, with behavioral end-of-period subscribers falling 24.6% and the core tier described as the main source of decline. Management expects moderate declines in clinical subscribers in the remaining quarters because of lower marketing spend and the lapping of prior program launches. The company also still carries $423.6 million of term loan debt, and it expects adjusted gross margin to decline modestly versus 2025 even though it should stay above 72%.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 89.3%
- Shares Outstanding
- 10.00M
- Float Shares
- 8.93M
of shares held by institutions
105 13F filers
Buy/sell ratio 0.00. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Congressional trading
Senate and House stock disclosures for WW, newest first.
| Member | Type | Traded | |
|---|---|---|---|
| Thomas R. CarperSenate · DE | Buy | Aug 11, 21 | Filing → |
| Thomas R. CarperSenate · DE | Sell | Nov 20, 20 | Filing → |
| Thomas R. CarperSenate · DE | Sell | Nov 20, 20 | Filing → |
| Greg GianforteHouse · MT00 | Sell | Nov 12, 20 | Filing → |
| Thomas R. CarperSenate · DE | Buy | Feb 27, 19 | Filing → |
| Greg GianforteHouse · MT00 | Buy | Mar 2, 20 | Filing → |
| Greg GianforteHouse · MT00 | Buy | May 13, 19 | Filing → |
| Greg GianforteHouse · MT00 | Buy | May 14, 19 | Filing → |
Source: public STOCK Act disclosures. Filed weeks after the trade — a lagging signal, not a real-time one.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Invesco Senior Secured Management Inc /Adv | 170.75K | ▲ 170.75K |
| Vanguard Group Inc | 161.01K | ▲ 2.69K |
| Western Asset Management Company, LLC | 143.99K | ▲ 143.99K |
| Tucker Asset Management LLC | 1 | ▲ 1 |
Held by 39 ETFs
Biggest fund positions in WW by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Aug 18, 26 | Sjoqvist Nikolaj H | buy | 7,235 |
| Aug 10, 26 | GOVE SUE | other | 8,132 |
| Aug 10, 26 | Sjoqvist Nikolaj H | other | 8,132 |
| Aug 10, 26 | DAVIS EUGENE I | other | 8,132 |
| Aug 10, 26 | Gavales Lisa A | other | 8,132 |
| Aug 10, 26 | Hawks Carney | other | 8,132 |
| Aug 10, 26 | Thiltgen Heather | other | 8,132 |
| Jun 15, 26 | Gavales Lisa A | other | 813 |
| Jun 15, 26 | DAVIS EUGENE I | other | 1,997 |
| Jun 15, 26 | Sjoqvist Nikolaj H | other | 1,997 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our WW coverage
Recent articles, reports, and earnings notes.
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Weight Watchers Announces Second Quarter 2026 Results
globenewswire.com · Aug 5
Weight Watchers Schedules Second Quarter 2026 Earnings Conference Call
globenewswire.com · Jul 23
Sam's Club® and Weight Watchers® Collaborate to Expand Access to Affordable, Holistic Wellness Experiences for Members
globenewswire.com · Jul 9
Weight Watchers and FlavCity Announce Collaboration Focused on Strength, Nutrition, and Community
globenewswire.com · Jul 8
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