WW (WW) financial statements
WW reported revenue of $786M in fiscal 2024, down 4.3% a year over 9 years.
Net income was -$346M and the operating margin -30.1%, against 14.4% in 2015.
Free cash flow was -$33M.
The diluted share count rose 35% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from WW's 10-K filings with the SEC.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.3B | $1.5B | $1.4B | $1.4B | $1.2B | $1.0B | $890M | $786M |
| Cost of revenue | $590M | $579M | $614M | $648M | $627M | $600M | $484M | $418M | $360M | $253M |
| Gross profit | $574M | $586M | $693M | $866M | $787M | $778M | $727M | $621M | $529M | $533M |
| Selling, general and admin | $205M | $190M | $211M | $251M | $255M | $297M | $269M | $264M | $218M | $176M |
| Operating income | $168M | $201M | $267M | $389M | $288M | $216M | $197M | -$284M | $22M | -$236M |
| Interest expense | $122M | $115M | $113M | $142M | $135M | $123M | $88M | $81M | $96M | $109M |
| Pre-tax income | $56M | $84M | $145M | $244M | $151M | $93M | $77M | -$367M | -$74M | -$345M |
| Income tax | $23M | $17M | -$18M | $20M | $32M | $17M | $10M | -$110M | $39M | $526,000 |
| Net income | $33M | $68M | $164M | $224M | $120M | $75M | $67M | -$257M | -$112M | -$346M |
| EPS (diluted) | $0.56 | $1.03 | $2.40 | $3.19 | $1.72 | $1.07 | $0.95 | -$3.65 | -$1.46 | -$4.34 |
| Diluted shares | 59M | 66M | 68M | 70M | 70M | 70M | 71M | 70M | 77M | 80M |
| Gross margin | 49.3% | 50.3% | 53.0% | 57.2% | 55.7% | 56.4% | 60.0% | 59.8% | 59.5% | 67.8% |
| Operating margin | 14.4% | 17.2% | 20.5% | 25.7% | 20.4% | 15.7% | 16.2% | -27.3% | 2.5% | -30.1% |
| Net margin | 2.8% | 5.8% | 12.5% | 14.8% | 8.5% | 5.4% | 5.5% | -24.7% | -12.6% | -44.0% |
Balance sheet
Fiscal years, from WW's 10-K filings with the SEC.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $242M | $109M | $83M | $237M | $183M | $166M | $154M | $178M | $109M | $53M |
| Receivables | $29M | $28M | $24M | $27M | $31M | $35M | $29M | $24M | $15M | $14M |
| Inventory | $28M | $33M | $32M | $26M | $27M | $39M | $31M | $21M | $68,000 | — |
| Total current assets | $351M | $235M | $209M | $366M | $295M | $299M | $271M | $281M | $179M | $103M |
| Property, plant and equipment | $58M | $50M | $48M | $52M | $54M | $52M | $37M | $28M | $20M | $16M |
| Goodwill | $159M | $166M | $156M | $153M | $158M | $156M | $157M | $156M | $243M | $240M |
| Total assets | $1.4B | $1.3B | $1.2B | $1.4B | $1.5B | $1.5B | $1.4B | $1.0B | $982M | $550M |
| Total current liabilities | $503M | $292M | $343M | $341M | $394M | $340M | $229M | $197M | $205M | $173M |
| Long-term debt | $2.0B | $2.0B | $1.7B | $1.7B | $1.5B | $1.4B | $1.4B | $1.4B | $1.4B | $1.4B |
| Total liabilities | $2.7B | $2.5B | $2.3B | $2.2B | $2.2B | $2.0B | $1.9B | $1.7B | $1.7B | $1.7B |
| Shareholders' equity | -$1.3B | -$1.2B | -$1.0B | -$809M | -$686M | -$548M | -$453M | -$686M | -$761M | -$1.1B |
| Net debt | $2.0B | $1.9B | $1.7B | $1.5B | $1.4B | $1.3B | $1.3B | $1.2B | $1.3B | $1.4B |
Cash flow
Fiscal years, from WW's 10-K filings with the SEC.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $55M | $119M | $222M | $296M | $182M | $136M | $157M | $77M | $7M | -$17M |
| Capital spending | $36M | $34M | $41M | $47M | $48M | $50M | $38M | $38M | $36M | $16M |
| Free cash flow | $19M | $85M | $182M | $249M | $134M | $86M | $120M | $38M | -$30M | -$33M |
| Stock-based compensation | $25M | $7M | $15M | $20M | $20M | $55M | $21M | $13M | $15M | $8M |
| Dividends paid | $42,000 | $11,000 | $0 | $0 | — | — | — | — | — | — |
| Net borrowing | -$158M | -$165M | -$179M | -$58M | -$177M | -$96M | -$64M | — | — | — |
| Free cash flow margin | 1.6% | 7.3% | 13.9% | 16.4% | 9.5% | 6.2% | 9.9% | 3.7% | -3.3% | -4.2% |
| Dividends per share | $0.00 | $0.00 | — | — | — | — | — | — | — | — |
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Open WW in InvestinglyQuestions
What was WW's revenue in 2024?
$786M in fiscal 2024, from its 10-K filing.
How much free cash flow does WW generate?
-$33M in fiscal 2024 (operating cash flow minus capital spending).
From WW's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.