OneSpaWorld Q2 results beat estimates, lifts FY outlook

ONESPAWORLD HOLDINGS

29/07/2026 11:57

Overview
Global cruise wellness provider's Q2 revenue rose 9%, slightly beating analyst expectations
Adjusted EPS and adjusted EBITDA for Q2 beat analyst expectations
Company raised FY 2026 revenue and adjusted EBITDA guidance

Outlook
OneSpaWorld sees Q3 2026 revenue of $268 mln to $273 mln
Company expects Q3 2026 adjusted EBITDA of $35 mln to $37 mln
OneSpaWorld raises FY 2026 revenue guidance to $1.018 bln to $1.038 bln

Result Drivers
CRUISE SHIP EXPANSION - Revenue growth was driven by a 4% increase in revenue days and health and wellness center expansion from new ship builds
HIGHER GUEST SPEND - A 1.2% increase in average guest spend, including more pre-booked services, contributed to revenue gains
AI INITIATIVES - Early revenue gains realized from introducing AI-driven strategies to health and wellness centers at sea

Company press release: ID:nBwbhtLM9a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Beat*
$261.20 mln
$260.92 mln (6 Analysts)
Q2 Adjusted EPS
Beat
$0.29
$0.28 (6 Analysts)
Q2 Adjusted Net Income
Beat
$29.80 mln
$29.18 mln (5 Analysts)
Q2 Adjusted EBITDA
Beat
$34.40 mln
$33.99 mln (5 Analysts)
Q2 Operating Income
 
$24.50 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the leisure & recreation peer group is "buy."
Wall Street's median 12-month price target for OneSpaWorld Holdings Ltd is $28.00, about 1% above its July 28 closing price of $27.73
The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 20 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)