OneSpaWorld (OSW) Q1 2026 Earnings Transcript Motley Fool Transcribing, The Motley Fool May 4, 2026 26 min read OSW . DATE Wednesday, April 29, 2026 at 8 a.m. ET CALL PARTICIPANTS Executive Chairman & CEO — Leonard Fluxman Chief Financial Officer & COO — Stephen M.
Lazarus Full Conference Call Transcript Leonard will begin with a review of our first quarter of 2026 performance and provide an update on our key priorities. Then Stephen will provide more details on the financials and guidance. Following our prepared remarks, we will turn the call over to the operator to begin the question-and-answer portion of the call.
I would now like to turn the call over to Leonard. Leonard Fluxman: Thank you, Allison. Good morning, and welcome to OneSpaWorld's First Quarter 2026 Earnings Conference Call.
We began the year with continued strong momentum in the first quarter, reporting better-than-expected top and bottom line results. The period marked our 20th consecutive quarter of record total revenues and adjusted EBITDA, evidencing the strength of our global operations and the disciplined execution of our strategy by our outstanding team. Our highly trained and motivated staff delivered exceptional experiences for our health and wellness center guests, driven by ongoing innovation in our product and service offerings.
The long-standing strength reinforces our leading position in the global operations of health and wellness services at sea. I continue to be very proud of our exceptional team members worldwide for their unwavering commitment and the outstanding performance, which has led to our ongoing strong results. As outlined in our earnings release, based on our first quarter performance and favorable momentum, we currently expect to deliver 10% growth in total revenues and adjusted EBITDA for the second quarter at the midpoint of our guidance ranges, excluding the results of exited and reorganized operations.
Turning to the highlights of the quarter. Total revenues increased 13% to $247.6 million. Income from operations increased 36% to $22.9 million.
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