WW INTERNATIONAL, INC. WW
For more than sixty years, Weight Watchers has been one of the world's most effective weight management programs, designed to help millions of members live longer, healthier lives. Our unique approach to weight health was built on a simple idea: people trying to lose weight together succeed more often than those who go it alone.
In the early 1960s, founder Jean Nidetch invited friends to her apartment building for weight-loss meetings. Those informal meetings quickly evolved into an organized program, because Nidetch understood something about human psychology that has since been confirmed by modern behavioral science: accountability to others – not shame, but shared responsibility, encouragement, and belonging – is a catalyst for lasting change. That commitment to the transformative power of community, combined with the guidance of evidence-based science, helped turn Weight Watchers into the most recognized global brand in the field of weight loss.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Other
- Germany
- Canada
| Region | FY2024 | FY2023 |
|---|---|---|
| United States | $542.0M | $604.4M |
| Other | $131.6M | $154.3M |
| Germany | $82.6M | $97.1M |
| Canada | $29.7M | $33.8M |
As the company reported it, from the “Segment and Geographic Data - Sources of Revenue and Other Information by Geographic Area (Detail)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $785.9M | $889.6M | $1.04B | $1.21B | $1.38B | $1.41B | $1.51B | $1.31B | $1.16B |
| Cost of revenue | — | $252.8M | $360.2M | $418.5M | $484.5M | $600.3M | $626.7M | $647.7M | $614.3M | $579.4M |
| Gross profit | — | $533.1M | $529.3M | $621.4M | $726.7M | $777.8M | $786.7M | $866.4M | $692.6M | $585.5M |
| SG&A | — | $175.7M | $217.6M | $263.8M | $268.6M | $297.3M | $254.7M | $251.1M | $211.2M | $190.3M |
| Operating income | — | -$236.2M | $22.3M | -$284.0M | $196.6M | $216.2M | $288.0M | $389.0M | $267.3M | $200.8M |
| Interest expense | — | $110.6M | $108.8M | $81.1M | $87.9M | $123.3M | $135.3M | $142.3M | $112.8M | — |
| Pre-tax income | — | -$345.2M | -$73.6M | -$366.8M | $77.0M | $92.5M | $151.0M | $244.1M | $145.1M | $84.1M |
| Income tax | — | $526.0K | $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 |
| EPS, basic | — | -4.34 | -1.46 | -3.65 | 0.96 | 1.11 | 1.78 | 3.38 | 2.54 | 1.06 |
| EPS, diluted | — | -4.34 | -1.46 | -3.65 | 0.95 | 1.07 | 1.72 | 3.19 | 2.40 | 1.03 |
| Shares, diluted (wtd. avg.) | — | 79.6M | 76.7M | 70.3M | 70.7M | 70.0M | 69.5M | 70.1M | 68.2M | 65.9M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $140.6M | $53.0M | $109.4M | $178.3M | $153.8M | $165.9M | $182.7M | $237.0M | $83.1M | $108.7M |
| Receivables | $12.1M | $14.4M | $14.9M | $24.3M | $29.3M | $34.6M | $30.5M | $27.2M | $23.9M | $27.5M |
| Inventory | — | — | $68.0K | $20.5M | $30.6M | $39.5M | $27.2M | $25.9M | $31.7M | $32.6M |
| Total current assets | $252.3M | $102.6M | $179.5M | $281.3M | $271.2M | $299.2M | $295.4M | $366.4M | $209.0M | $235.2M |
| Property, plant and equipment | $9.7M | $15.8M | $19.7M | $28.2M | $37.2M | $51.9M | $54.1M | $52.2M | $48.0M | $49.6M |
| Goodwill | $199.1M | $239.6M | $243.4M | $156.0M | $157.4M | $155.6M | $157.9M | $152.5M | $156.3M | $166.1M |
| Other intangibles | $490.7M | $115.8M | — | — | — | — | — | — | — | $58.6M |
| Total assets | $1.02B | $550.3M | $982.0M | $1.03B | $1.43B | $1.48B | $1.50B | $1.41B | $1.25B | $1.27B |
| Accounts payable | $9.8M | $17.8M | $18.5M | $18.9M | $22.4M | $23.1M | $29.1M | $27.1M | $24.4M | $40.6M |
| Short-term debt | — | — | — | — | — | $77.0M | $96.2M | $77.0M | $82.8M | $21.0M |
| Total current liabilities | $133.1M | $173.3M | $205.5M | $196.6M | $229.1M | $340.1M | $394.1M | $341.3M | $343.0M | $292.4M |
| Long-term debt | $465.5M | $1.43B | $1.43B | $1.42B | $1.42B | $1.41B | $1.48B | $1.67B | $1.74B | $1.98B |
| Total liabilities | $645.0M | $1.66B | $1.74B | $1.71B | $1.89B | $2.03B | $2.18B | $2.22B | $2.26B | $2.47B |
| Retained earnings | -$62.1M | $1.94B | $2.31B | $2.42B | $2.68B | $2.62B | $2.50B | $2.38B | $2.20B | $2.06B |
| Total equity | $378.5M | -$1.11B | -$761.1M | -$685.8M | -$452.9M | -$544.9M | -$685.5M | -$808.9M | -$1.02B | -$1.21B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | — | -$16.8M | $6.7M | $76.6M | $157.3M | $135.9M | $182.4M | $295.6M | $222.3M | $119.0M |
| Depreciation and amortisation | — | $4.2M | $10.0M | $10.1M | $54.7M | $59.5M | $54.3M | $52.6M | $57.0M | $58.7M |
| Stock-based compensation | — | $7.8M | $15.2M | $13.0M | $21.3M | $55.0M | $20.5M | $20.2M | $14.9M | $6.5M |
| Capital expenditure | — | $718.0K | $2.5M | $2.1M | $2.4M | $21.5M | $17.2M | $19.1M | $13.7M | $5.6M |
| Investing cash flow | — | -$16.4M | -$74.7M | -$42.6M | -$52.8M | -$65.6M | -$52.6M | -$64.0M | -$40.8M | -$37.5M |
| Financing cash flow | — | -$17.3M | -$2.7M | -$4.7M | -$111.5M | -$95.5M | -$183.0M | -$74.4M | -$211.5M | -$212.2M |
| Dividends paid | — | — | — | — | — | — | — | $0 | $0 | $11.0K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-197135.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.16B | $1.31B | $1.51B | $1.41B | $1.38B | $1.21B | $1.04B | $889.6M | $785.9M | — |
| Gross profit | $585.5M | $692.6M | $866.4M | $786.7M | $777.8M | $726.7M | $621.4M | $529.3M | $533.1M | — |
| Net income | $67.7M | $163.5M | $223.7M | $119.6M | $75.1M | $67.1M | -$256.9M | -$112.3M | -$345.7M | $1.06B |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Results announced Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Officer or director change Item 5.02
- Regulation FD disclosure Item 7.01
- Officer or director change Item 5.02
- Officer or director change Item 5.02
- Regulation FD disclosure Item 7.01
- Officer or director change Item 5.02
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 7200
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| SCI | SERVICE CORP INTERNATIONAL | $11.38B | 21.9x | 2.9% |
| HRB | H&R BLOCK INC | $6.13B | 8.8x | 4.9% |
| UNF | UNIFIRST CORP | $5.09B | 35.2x | 0.2% |
| YELP | YELP INC | $1.08B | 8.9x | 3.7% |
| CSV | CARRIAGE SERVICES INC | $562.4M | 10.9x | 3.3% |
| EVI | EVI INDUSTRIES, INC. | $257.4M | 40.8x | 10.3% |
| RGS | REGIS CORP | $73.5M | 12.2x | 6.8% |
| DLPN | Dolphin Entertainment, Inc. | $13.2M | — | 9.7% |