OneSpaWorld Holdings Limited (NASDAQ:OSW), a provider of health and wellness spa services and products aboard cruise ships and at destination resorts, filed its quarterly report on Form 10-Q for the period ended September 30, 2026 with the U.S. Securities and Exchange Commission on October 29, 2026.

Key Highlights

  • Total revenues of $276.5 million for the three months ended September 30, 2026, compared to $258.5 million in the same period of 2025, according to the filing.
  • Net income of $28.241 million for Q3 2026, up from $24.345 million in Q3 2025, as reported in the condensed consolidated statements of operations.
  • Nine-month total revenues of $785.409 million for the period ended September 30, 2026, versus $718.874 million for the same nine months of 2025.
  • Long-term debt, net, declined to $70.522 million as of September 30, 2026, from $83.967 million at December 31, 2025.
  • Share repurchases and retirements totaled approximately $37.549 million in aggregate during the nine months ended September 30, 2026, reducing shares outstanding from 101,390,002 to 100,104,908.
  • Dividends of $15.227 million were paid through the nine-month period ended September 30, 2026, the filing disclosed.
  • Total shareholders' equity rose to $570.903 million at September 30, 2026, from $542.577 million at December 31, 2025.

OneSpaWorld's Third-Quarter 2026 Financial Performance and Balance Sheet Movements

OneSpaWorld, incorporated in the Commonwealth of The Bahamas and registered on the Nasdaq Capital Market under the symbol OSW, generates revenue through two streams: service revenues and product revenues delivered primarily aboard cruise ships and at destination resort spa facilities. For the three months ended September 30, 2026, service revenues were $226.378 million and product revenues were $50.154 million, for combined total revenues of $276.532 million, according to the filing. Cost of services for the same quarter was $184.263 million, while cost of products was $42.568 million.

For the nine months ended September 30, 2026, the company reported income from operations of $77.327 million, compared to $65.266 million for the comparable nine-month period of 2025. Net interest expense, net, was $3.418 million for the nine-month period. Diluted earnings per share for the nine months ended September 30, 2026 were $0.71, versus $0.57 for the same period of 2025, the filing stated. Weighted-average diluted shares outstanding for the nine-month period were 102,216 thousand.

On the balance sheet, cash and cash equivalents increased to $32.142 million as of September 30, 2026 from $16.306 million at December 31, 2025. Intangible assets, net, were $498.796 million at September 30, 2026, down from $511.007 million at December 31, 2025, reflecting amortization of $12.211 million recorded in the nine-month period. The accumulated deficit narrowed to $206.598 million from $252.964 million at year-end 2025, reflecting the net income earned during the period. As of October 26, 2026, the registrant had 100,104,908 common shares issued and outstanding, the filing noted.

What Was Disclosed

OneSpaWorld filed its unaudited Form 10-Q for the quarter ended September 30, 2026, disclosing revenue growth in both service and product segments, improved net income year-over-year, reduced long-term debt, share repurchase activity of approximately $37.549 million for the nine-month period, and a higher total shareholders' equity position.