OneSpaWorld (NASDAQ:OSW) Announces Quarterly Earnings Results

OneSpaWorld (NASDAQ:OSW) posted its quarterly earnings data on Wednesday. The company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02), FiscalAI reports. The company had revenue of $242.13 million during the quarter, compared to analyst estimates of $243.07 million. OneSpaWorld had a return on equity of 16.38% and a net margin of 7.90%.OneSpaWorld’s revenue was up 11.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.20 earnings per share.

Here are the key takeaways from OneSpaWorld’s conference call:

• OneSpaWorld reported a record Q4 and FY2025 with double-digit revenue and Adjusted EBITDA growth, 19 consecutive quarters of YoY growth, and reiterated 2026 guidance expecting total revenues of $1.01B–$1.03B and Adjusted EBITDA of $128M–$138M.
• Management is rolling out AI and machine‑learning tools — including a pre-booking dynamic price optimization engine and an onboard virtual assistant (deployed on 180 vessels) — to boost utilization and yield, though potential benefits are not included in current 2026 guidance.
• The company took restructuring and impairment charges tied to exiting land-based Asian operations and reorganizing the U.K. and Italy (Q4 restructuring $2.7M; long‑lived asset impairment $3.0M), which reduced net income in the quarter.
• Higher‑value MedSpa services and new technologies (Morpheus8 FLX, CoolSculpting Elite, Acupuncture LED) drove strong growth (23%–40% revenue gains in Q4 vs. prior year) and MedSpa availability increased to 153 ships, targeting 157 by year‑end 2026.
• The balance sheet and capital allocation remain focused on shareholder returns and deleveraging — ~$93M returned via buybacks/dividends in 2025, $75.4M spent to repurchase 3.9M shares, paid $15M on the term loan, and net debt declined to $84M with $67.5M total liquidity at year‑end.

OneSpaWorld Price Performance

Shares of OSW traded down $0.00 during trading hours on Thursday, hitting $22.26. 516,992 shares of the stock were exchanged, compared to its average volume of 1,448,254. The stock’s 50-day moving average price is $21.04 and its two-hundred day moving average price is $21.27. OneSpaWorld has a 12-month low of $14.21 and a 12-month high of $23.54. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.09 and a current ratio of 1.84. The company has a market cap of $2.27 billion, a price-to-earnings ratio of 31.35 and a beta of 1.03.

OneSpaWorld Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 11th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.9%. OneSpaWorld’s payout ratio is currently 28.17%.

Analyst Upgrades and Downgrades

OSW has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of OneSpaWorld in a research note on Monday, December 29th. Truist Financial increased their target price on shares of OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Tuesday. Stifel Nicolaus decreased their price target on shares of OneSpaWorld from $27.00 to $26.00 and set a “buy” rating for the company in a research note on Thursday, January 15th. Wall Street Zen lowered shares of OneSpaWorld from a “buy” rating to a “hold” rating in a report on Sunday, November 30th. Finally, TD Cowen reduced their target price on OneSpaWorld from $27.00 to $24.00 and set a “buy” rating for the company in a research note on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $25.00.

Insider Activity

In related news, Director Andrew R. Heyer sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $20.19, for a total transaction of $403,800.00. Following the completion of the sale, the director directly owned 509,817 shares in the company, valued at approximately $10,293,205.23. This trade represents a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Stephen Lazarus sold 8,569 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $21.12, for a total transaction of $180,977.28. Following the completion of the transaction, the chief executive officer owned 351,250 shares in the company, valued at $7,418,400. The trade was a 2.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 33,569 shares of company stock worth $685,827 over the last three months. Insiders own 3.90% of the company’s stock.

Institutional Trading of OneSpaWorld

Several institutional investors have recently made changes to their positions in OSW. Brown Brothers Harriman & Co. purchased a new position in OneSpaWorld in the fourth quarter worth approximately $31,000. Arax Advisory Partners grew its holdings in shares of OneSpaWorld by 428.8% during the 4th quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock worth $33,000 after purchasing an additional 1,295 shares during the period. Aquatic Capital Management LLC purchased a new position in shares of OneSpaWorld during the 3rd quarter worth $50,000. Empowered Funds LLC acquired a new position in OneSpaWorld in the fourth quarter valued at about $66,000. Finally, CIBC Private Wealth Group LLC acquired a new stake in shares of OneSpaWorld during the third quarter valued at about $87,000. Hedge funds and other institutional investors own 95.98% of the company’s stock.

More OneSpaWorld News

Here are the key news stories impacting OneSpaWorld this week:

• Positive Sentiment: Truist raised its price target and reiterated a buy stance, forecasting further upside; this analyst upgrade helped drive the stock to a new 12‑month high. Truist Financial Forecasts Strong Price Appreciation for OneSpaWorld (NASDAQ:OSW) Stock
• Positive Sentiment: OneSpaWorld reported record Q4 and full‑year fiscal 2025 results with revenue up ~11.5% year‑over‑year, which supports the company’s growth narrative. OneSpaWorld Reports Record Fourth Quarter and Fiscal Year 2025 Results
• Positive Sentiment: Management issued first‑quarter fiscal 2026 revenue guidance ($241M–$246M) above consensus, and declared a $0.05 quarterly dividend (ex‑dividend March 11), both of which are supportive for investor confidence and yield-seeking flows.
• Neutral Sentiment: Multiple transcripts of the Q4 earnings call and conference remarks (InsiderMonkey, Seeking Alpha, AOL) provide management commentary and color — useful for assessing forward outlook, margin drivers, and cruise industry dynamics but not an immediate catalyst by themselves. OneSpaWorld Holdings Limited (NASDAQ:OSW) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Reported EPS of $0.24 missed the consensus of $0.26 and revenue of $242.13M narrowly missed estimates — this earnings miss triggered a near‑term pullback and was cited as the reason for a sharp intraday drop in some reports. OneSpaWorld (OSW) Q4 Earnings and Revenues Miss Estimates
• Negative Sentiment: Market reaction included a reported ~6.6% drop in OSW in some coverage immediately after the results, reflecting investor sensitivity to the EPS miss despite revenue growth and guidance. Why OneSpaWorld Holdings Limited’s (OSW) Stock Is Down 6.63%

About OneSpaWorld

OneSpaWorld Holdings Ltd is a global provider of spa and wellness services, catering primarily to the cruise line, hospitality and venue-based leisure industries. The company designs and operates on-board spa facilities, salon services and retail boutiques, offering treatments such as massage, facial and body therapies, nail care, hair styling and aesthetic enhancements. Additionally, OneSpaWorld provides program consulting, management, training and product distribution services to its partners, enabling tailored spa experiences across diverse passenger and guest demographics.

OneSpaWorld’s core operations span major cruise lines—such as Carnival Corporation, Royal Caribbean Group, MSC Cruises and Virgin Voyages—as well as luxury resort and hotel brands.