---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-060550"
form_type: "8-K"
ticker: "OSW"
cik: "0001758488"
company_name: "ONESPAWORLD HOLDINGS Ltd"
filed_at: "2025-04-30T23:59:59+00:00"
generated_at: "2026-05-23T02:33:05.526313+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OneSpaWorld Q1 revenue $219.6M (+4% YoY), Adj. EBITDA $26.6M (+5%); new $75M buyback

## Summary
- Net income $15.3M vs $21.2M YoY, impacted by $2.5M severance and $7.7M warrant fair value change in prior year.
- Adjusted EBITDA $26.6M; reaffirms FY2025 guidance, guides Q2 revenue $235-240M and Adj. EBITDA $28-30M.
- Board declares $0.04/share dividend (unchanged) and authorizes $75M share repurchase program, extending prior $50M program.
- Ended Q1 with $73.8M total liquidity ($23.8M cash + undrawn $50M credit facility); repurchased $37.9M shares in Q1.
- Added 11 ships via P&O/Cunard agreement post-quarter; expects health/wellness centers on 8 new builds in FY2025.

## SEC filing metadata
- accession: 0000950170-25-060550
- form_type: 8-K
- ticker: OSW
- cik: 0001758488
- company_name: ONESPAWORLD HOLDINGS Ltd
- filed_at: 2025-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758488/000095017025060550/0000950170-25-060550-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758488/000095017025060550/osw-20250430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-060550
- JSON: https://secwatch.observer/filing/0000950170-25-060550.json
- Plain text: https://secwatch.observer/filing/0000950170-25-060550.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.