Mindbody Business Management Software is trusted by thousands of clients in over 80 countries to manage and grow their businesses. Named one of the top software companies in the US by Inc. magazine, Mindbody helps businesses leverage technology to streamline operations and make their services more accessible to their clients. The Mindbody mission is to leverage technology to improve the wellness of the world. And, we walk our talk. Mindbody employees can choose to participate in the corporate Wellness program, supporting our local clients. Many of our team members are artists or yoga, gyrotonic, and fitness instructors — all of which Mindbody encourages. Construction of our office building was done naturally and progressively, including a recycling program.

Company Growth (employees)
San Luis Obispo, US
Size (employees)
1,344 (est)
Mindbody was founded in 2001 and is headquartered in San Luis Obispo, US

Key People at Mindbody

Rick Stollmeyer

Rick Stollmeyer

Co-Founder & Chief Executive Officer

Mindbody Office Locations

Mindbody has offices in San Luis Obispo, East Hampton, Greater London, Surry Hills and in 9 other locations
San Luis Obispo, US (HQ)
220 4051 Broad St
Austin, US
100 2499 S Capital of Texas Hwy
Scottsdale, US
1475 N Scottsdale Rd
Santa Maria, US
2811 Airpark Dr
Surry Hills, AU
64 76 Kippax St
Greater London, GB
2 Clerkenwell Green
East Hampton, US
19 74 Montauk Hwy

Mindbody Metrics

Mindbody Financial Metrics

Revenue (2016)

$139 m

Revenue growth (2015-16), %


Gross profit

$95.9 m

Gross profit margin (2016), %


Net income (2016)

($23 m)

Market capitalization (21-Mar-2017)

$1.1 b

Closing share price (21-Mar-2017)


Cash (31-Dec-2015)

$93.4 m
Mindbody's current market capitalization is $1.1 b.
Mindbody's revenue was reported to be $139 m in FY, 2016 which is a 37.1% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016


$48.7 m$70 m$101.4 m$139 m

Revenue growth, %


Cost of goods sold

$21.9 m$30 m$37.2 m$43.1 m

Gross profit

$26.8 m$40 m$64.2 m$95.9 m

Gross profit Margin, %


Sales and marketing expense

$21 m$30.9 m$46.3 m$56.5 m

R&D expense

$10.5 m$16.2 m$23.1 m$30.3 m

General and administrative expense

$10.7 m$18.4 m$29.5 m$30.5 m

Operating expense total

$42.6 m$65.5 m$98.9 m$117.3 m


($15.8 m)($24.1 m)($34.7 m)($21.3 m)

EBIT margin, %


Interest expense

$21 k$68 k$943 k$1.1 m

Pre tax profit

($16.2 m)($24.5 m)($35.8 m)($22.7 m)

Income tax expense

$63 k$116 k$246 k$321 k

Net Income

($16.2 m)($24.6 m)($36.1 m)($23 m)
Y, 2012Y, 2013Y, 2014Y, 2015


$25.9 m$9.5 m$34.7 m$93.4 m

Mindbody Operating Metrics

Mindbody's Subscribers was reported to be 51.5 k in FY, 2015
FY, 2014FY, 2015FY, 2016

Average Monthly Revenue per Subscriber



40.52 k51.48 k60.39 k

Payments Volume

4.1 b5.1 b$6.47 b


28 m30 m

Mindbody Market Value History

Mindbody Revenue Breakdown

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