OneSpaWorld Holdings Limited reported a total revenue of $258.5 million for the third quarter of 2025, marking a 7% increase from $241.7 million in the same period last year. This growth was primarily driven by a 4% rise in average guest spending, an expansion of the fleet due to new vessel launches, and a 1% increase in revenue days. Service revenues accounted for $208.0 million, up from $194.4 million, while product revenues rose to $50.5 million from $47.3 million. For the nine months ending September 30, 2025, total revenues reached $718.9 million, a 6% increase compared to $677.8 million in the prior year.

The company's net income for the third quarter was $24.3 million, a 13% increase from $21.6 million in the same quarter of 2024. This increase was attributed to improved operational income and a significant reduction in interest expenses, which fell to $1.4 million from $2.5 million. For the nine-month period, net income was $59.6 million, up 2% from $58.5 million in the previous year. The company’s basic earnings per share for the third quarter were $0.24, compared to $0.21 in the prior year.

In terms of operational metrics, OneSpaWorld operated health and wellness centers on an average of 199 cruise ships during the third quarter, up from 195 ships in the same period last year. The period-end ship count also increased to 204 from 196. However, the average resort count decreased to 50 from 52, reflecting a reduction in destination resorts where the company operates. The average weekly revenue per ship rose to $95,675, while the average revenue per shipboard staff per day increased to $622.

The company has been actively managing its capital structure, repaying $13.8 million in debt and repurchasing $55.5 million worth of common shares under its share repurchase programs. As of September 30, 2025, OneSpaWorld had total assets of $732.6 million, down from $746.4 million at the end of 2024, with total liabilities decreasing to $179.8 million from $191.9 million. The company maintains a positive outlook, expecting to continue generating sufficient liquidity to meet its operational and capital requirements in the coming year.

About ONESPAWORLD HOLDINGS Ltd

OneSpaWorld Holdings Limited is a global provider of health, fitness, beauty, and wellness services primarily onboard cruise ships and at destination resorts. It offers comprehensive treatments, advanced medi-spa services, and retail products, serving over 26 million guests annually. The company operates through long-term, asset-light agreements with major cruise lines and resorts, leveraging extensive infrastructure, industry expertise, and exclusive brand partnerships to deliver premium guest experiences.

This description was generated via AI from an annual report. Updated 8 months ago.

About 10-Q Filings

A 10-Q form is an important financial report that public companies in the United States must submit every three months. It gives a clear picture of a company's financial health and recent performance.

Key points about the 10-Q:

  • Frequency: Companies file it three times a year, covering the first three quarters. The fourth quarter is covered in a more comprehensive annual report.
  • Content: It includes:
    • Financial statements showing the company's current financial position
    • Updates from management on the performance and projections of the business
    • Information about potential risks the company faces
    • Details on how the company is run internally
  • Deadline: Must be filed within 40 or 45 days after the quarter ends, depending on the size of the company.

Our Methodology

AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.

Our method:

  1. Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
  2. AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
  3. Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
  4. Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
  5. Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Read more about AssetRoom

Feedback & Corrections

Spot an error or have a suggestion? Contact us.