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OneSpaWorld Holdings Limited OSW Service — Capitalized Contract Cost Amortization

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Other financials

Income statement

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Revenue$261.2M+8.5%
Operating income$24.5M+10.8%
Net income$23.2M+16.4%
EPS (diluted)$0.23+21.1%

Balance sheet

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Cash & equivalents$16.1M-28.9%
Total debt$92.6M-16.6%
Total equity$561.8M+5.9%
Total assets$709.9M+0.2%

Cash flow

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Operating cash flow$9.1M-10.0%
CapEx$4.3M+156%
Free cash flow$4.7M-43.5%

Valuation

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Market cap$2.69B+16.6%
Enterprise value$2.77B+30.3%
P/E33.3×+0.8×
P/S2.7×+0.2×

Profitability

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Operating margin8.9%+0.1pp
Net margin8%+0.3pp
FCF margin6.6%-0.8pp

Returns & leverage

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Return on equity14.2%+1.4pp
Debt / equity0.2×0.0×
Current ratio2.5×+0.8×

Where this comes from

Reported directly by OneSpaWorld Holdings Limited in its filing.

Tagged under the XBRL concept us-gaap:CapitalizedContractCostAmortization.

The source filing: OneSpaWorld Holdings Limited’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 9:16 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-199522

Costs incurred to enter into new or renew long-term contracts are capitalized and amortized to cost of revenues over the term of the contract. Deferred contract costs, which relate to fees accrued to cruise line partners, amounted to $19.7 million and $20.8 million as of March 31, 2026 and December 31, 2025, respectively, and is presented within other non-current assets in the accompanying condensed consolidated balance sheets. Amortization of the deferred contract cost was $1.0 million and $0.9 million for the three months ended March 31, 2026 and 2025, respectively. Amortization of deferred costs are included in cost of services in the accompanying condensed consolidated statements of operations.

Item 1. Unaudited Financial Statements

FAQ

What is OneSpaWorld Holdings Limited's service — capitalized contract cost amortization?
OneSpaWorld Holdings Limited (OSW) reported service — capitalized contract cost amortization of $1M in Q1 2026.
How has OneSpaWorld Holdings Limited's service — capitalized contract cost amortization changed year-over-year?
OneSpaWorld Holdings Limited's service — capitalized contract cost amortization increased by 11.1% year-over-year, from $900K to $1M.
What is the long-term trend for OneSpaWorld Holdings Limited's service — capitalized contract cost amortization?
Over 4 years (2021 to 2025), OneSpaWorld Holdings Limited's service — capitalized contract cost amortization has grown at a 53.6% compound annual growth rate (CAGR), from $700K to $3.9M.
What does service — capitalized contract cost amortization mean?
This metric represents the periodic expense recognized from the amortization of costs incurred to obtain or fulfill specific customer contracts. It reflects the systematic allocation of upfront investments required to secure long-term service agreements over the duration of the contract benefit. Tracking this expense provides insight into the long-term cost of customer acquisition and the efficiency of contract-related capital deployment.

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