OneSpaWorld Holdings (OSW) delivered record results in the second quarter and raised its 2026 revenue outlook from US$1.018 billion to US$1.038 billion. The performance is reportedly underpinned by the continued expansion of its wellness services and demand for premium treatments.
OneSpaWorld Holdings reported record results for the second quarter and raised its full-year revenue outlook. The expansion of its onboard wellness centers and increased use of premium treatments appear to have been the main drivers of performance.
Under the new full-year outlook, the company raised its 2026 revenue forecast from US$1.018 billion to US$1.038 billion. This reportedly reflects management’s confidence in demand for onboard wellness services.
However, the company’s earnings remain closely tied to conditions in the cruise industry. While the addition of wellness centers and expansion of premium services could improve profitability over the long term, the cruise industry’s trajectory remains a significant risk factor, according to the report.
An analysis report forecasts revenue of $1.2 billion and profit of approximately $129.1 million by 2029, together with assumptions including annual growth rates. With multiple fair value estimates presented, analysis continues into the factors behind the gap between the estimates and the current share price.