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Xponential Fitness, Inc. (XPOF) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Xponential Fitness, Inc. (XPOF) stock price & volume — 10-year historical chart
Xponential Fitness, Inc. (XPOF) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Xponential Fitness, Inc. (XPOF) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 26, 2026 | $0.91vs $0.03-2560.8% | $83Mvs $73M+13.0% |
| Q4 2025 | Nov 6, 2025 | $0.34vs $0.14+142.9% | $79Mvs $73M+7.4% |
| Q3 2025 | Aug 7, 2025 | $0.26vs $0.19+36.8% | $76Mvs $75M+1.0% |
| Q2 2025 | May 8, 2025 | $0.20vs $0.15-233.3% | $77Mvs $77M-0.6% |
Xponential Fitness, Inc. (XPOF) competitors in Fitness Clubs and Connected Fitness — business model, growth, and fundamentals comparison
Xponential Fitness, Inc. (XPOF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Xponential Fitness, Inc. (XPOF) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 59.26M | 129.13M | 106.59M | 155.08M | 243.2M | 317.94M | 320.35M | 314.88M |
| Revenue Growth % | - | 117.89% | -17.45% | 45.49% | 56.82% | 30.73% | 0.76% | -1.71% |
| Cost of Goods Sold | 29.31M | 55.35M | 41.22M | 54.31M | 82.19M | 98.61M | 59.48M | 76.78M |
| COGS % of Revenue | 49.46% | 42.87% | 38.67% | 35.02% | 33.79% | 31.02% | 18.57% | 24.38% |
| Gross Profit | 29.95M▲ 0% | 73.78M▲ 146.3% | 65.37M▼ 11.4% | 100.77M▲ 54.1% | 161.01M▲ 59.8% | 219.32M▲ 36.2% | 260.87M▲ 18.9% | 238.1M▼ 8.7% |
| Gross Margin % | 50.54% | 57.13% | 61.33% | 64.98% | 66.21% | 68.98% | 81.43% | 75.62% |
| Gross Profit Growth % | - | 146.33% | -11.39% | 54.15% | 59.78% | 36.22% | 18.94% | -8.73% |
| Operating Expenses | 48.06M | 94.83M | 57.58M | 131.59M | 147.69M | 184.42M | 314.48M | 158.56M |
| OpEx % of Revenue | 81.1% | 73.44% | 54.02% | 84.85% | 60.73% | 58% | 98.17% | 50.35% |
| Selling, General & Admin | 44.55M | 80.5M | 60.92M | 87.97M | 115.98M | 148.53M | 176.85M | 152M |
| SG&A % of Revenue | 75.17% | 62.34% | 57.15% | 56.73% | 47.69% | 46.72% | 55.21% | 48.27% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 3.51M | 14.33M | -3.34M | 43.61M | 31.71M | 35.88M | 137.63M | 6.56M |
| Operating Income | -36.21M▲ 0% | -21.05M▲ 41.9% | 7.79M▲ 137.0% | -30.82M▼ 495.4% | 13.32M▲ 143.2% | 34.91M▲ 162.0% | -53.61M▼ 253.6% | 79.55M▲ 248.4% |
| Operating Margin % | -61.1% | -16.3% | 7.31% | -19.87% | 5.48% | 10.98% | -16.74% | 25.26% |
| Operating Income Growth % | - | 41.86% | 137.02% | -495.42% | 143.23% | 161.98% | -253.6% | 248.37% |
| EBITDA | -32.7M | -14.66M | 15.45M | -20.65M | 28.64M | 51.79M | -35.9M | 91.57M |
| EBITDA Margin % | -55.17% | -11.36% | 14.49% | -13.31% | 11.78% | 16.29% | -11.21% | 29.08% |
| EBITDA Growth % | - | 55.15% | 205.32% | -233.68% | 238.71% | 80.83% | -169.32% | 355.07% |
| D&A (Non-Cash Add-back) | 3.51M | 6.39M | 7.65M | 10.17M | 15.31M | 16.88M | 17.71M | 12.03M |
| EBIT | -36.15M | -20.88M | -776K | 2.62M | 29.72M | 53.91M | -52.79M | -3.16M |
| Net Interest Income | -6.2M | -15.92M | -21.07M | -23.55M | -11.21M | -37.12M | -44.43M | -45.98M |
| Interest Income | 56K | 168K | 345K | 1.16M | 1.8M | 1.61M | 1.82M | 3.21M |
| Interest Expense | 6.25M | 16.09M | 21.41M | 24.71M | 13.02M | 38.73M | 46.25M | 49.19M |
| Other Income/Expense | -6.2M | -15.92M | -21.07M | -19.84M | -11.73M | -40.31M | -45.42M | -131.9M |
| Pretax Income | -42.41M▲ 0% | -36.97M▲ 12.8% | -13.27M▲ 64.1% | -50.66M▼ 281.7% | 1.59M▲ 103.1% | -5.41M▼ 440.4% | -99.04M▼ 1731.0% | -52.35M▲ 47.1% |
| Pretax Margin % | -71.55% | -28.63% | -12.45% | -32.67% | 0.65% | -1.7% | -30.92% | -16.63% |
| Income Tax | 73K | 164K | 369K | 783K | 488K | 1.03M | -342K | 1.32M |
| Effective Tax Rate % | -0.17% | -0.44% | -2.78% | -1.55% | 30.71% | -19.12% | 0.35% | -2.53% |
| Net Income | -42.48M▲ 0% | -37.13M▲ 12.6% | -13.64M▲ 63.3% | -18.83M▼ 38.0% | 1.22M▲ 106.5% | -4M▼ 429.3% | -64.95M▼ 1523.3% | -33.79M▲ 48.0% |
| Net Margin % | -71.68% | -28.76% | -12.8% | -12.14% | 0.5% | -1.26% | -20.27% | -10.73% |
| Net Income Growth % | - | 12.58% | 63.27% | -38.04% | 106.45% | -429.3% | -1523.32% | 47.97% |
| Net Income (Continuing) | -42.48M | -37.13M | -13.64M | -51.44M | 1.1M | -6.44M | -98.7M | -53.67M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 443.96M | -53.28M | -77.55M | -94.24M | -102.87M |
| EPS (Diluted) | -1.85▲ 0% | -1.61▲ 13.0% | -0.59▲ 63.4% | -2.67▼ 352.5% | -0.87▲ 67.4% | -0.44▲ 49.4% | -2.27▼ 415.9% | -1.47▲ 35.2% |
| EPS Growth % | - | 12.97% | 63.35% | -352.54% | 67.42% | 49.43% | -415.91% | 35.24% |
| EPS (Basic) | -1.85 | -1.61 | -0.59 | -2.67 | -0.87 | 1.08 | -2.27 | -1.47 |
| Diluted Shares Outstanding | 22.99M | 22.99M | 22.99M | 23.9M | 25.3M | 39.7M | 32M | 34.8M |
| Basic Shares Outstanding | 22.99M | 22.99M | 22.99M | 23.9M | 25.3M | 31.74M | 32M | 34.8M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
Xponential Fitness, Inc. (XPOF) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 24.04M | 31.53M | 32.7M | 51.23M | 85.73M | 97.25M | 84.15M | 94.65M |
| Cash & Short-Term Investments | 11.21M | 9.34M | 11.3M | 21.32M | 31.99M | 27.76M | 16.68M | 45.86M |
| Cash Only | 11.21M | 9.34M | 11.3M | 21.32M | 31.99M | 27.76M | 16.68M | 45.86M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 4.43M | 10.78M | 5.2M | 13.99M | 27.07M | 32.95M | 31.93M | 18.45M |
| Days Sales Outstanding | 27.27 | 30.47 | 17.79 | 32.94 | 40.63 | 37.83 | 36.38 | 21.39 |
| Inventory | 4.53M | 4.77M | 6.16M | 6.93M | 10.86M | 14.72M | 10.02M | 2.22M |
| Days Inventory Outstanding | 56.37 | 31.45 | 54.56 | 46.56 | 48.25 | 54.5 | 61.47 | 10.56 |
| Other Current Assets | 2.94M | 4.53M | 9M | 3.71M | 15.81M | 16.16M | 25.53M | 28.11M |
| Total Non-Current Assets | 274.3M | 294.14M | 290.13M | 364.32M | 396.96M | 431.45M | 319.25M | 250.99M |
| Property, Plant & Equipment | 7.54M | 13.99M | 13.69M | 12.77M | 48.6M | 90.92M | 38.69M | 24.63M |
| Fixed Asset Turnover | 7.86x | 9.23x | 7.78x | 12.14x | 5.00x | 3.50x | 8.28x | 12.79x |
| Goodwill | 140.87M | 139.6M | 139.68M | 169.07M | 165.7M | 171.6M | 135.24M | 127.79M |
| Intangible Assets | 107.11M | 102.02M | 97.29M | 136.86M | 137.18M | 120.15M | 100.94M | 66.51M |
| Long-Term Investments | 0 | 0 | 0 | 3.04M | 0 | 802K | 0 | 0 |
| Other Non-Current Assets | 18.79M | 38.54M | 39.47M | 45.61M | 45.48M | 47.98M | 44.38M | 32.06M |
| Total Assets | 298.34M▲ 0% | 325.67M▲ 9.2% | 322.84M▼ 0.9% | 415.54M▲ 28.7% | 482.69M▲ 16.2% | 528.7M▲ 9.5% | 403.4M▼ 23.7% | 345.63M▼ 14.3% |
| Asset Turnover | 0.20x | 0.40x | 0.33x | 0.37x | 0.50x | 0.60x | 0.79x | 0.91x |
| Asset Growth % | - | 9.16% | -0.87% | 28.72% | 16.16% | 9.53% | -23.7% | -14.32% |
| Total Current Liabilities | 46.35M | 56.33M | 54.92M | 65.89M | 72.78M | 92.31M | 107.89M | 115.97M |
| Accounts Payable | 9.85M | 16.82M | 18.34M | 14.9M | 16.18M | 19.12M | 27.01M | 26.28M |
| Days Payables Outstanding | 122.64 | 110.95 | 162.39 | 100.17 | 71.88 | 70.76 | 165.76 | 124.95 |
| Short-Term Debt | 3.54M | 3.57M | 6.76M | 3.94M | 3.04M | 8.11M | 8.75M | 5.25M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 22.75M | 32M | 34.67M | 25.91M | 19.32M |
| Other Current Liabilities | 25.28M | 27.32M | 21.43M | 20.05M | 10.09M | 16.5M | 11.53M | 60.42M |
| Current Ratio | 0.52x | 0.56x | 0.60x | 0.78x | 1.18x | 1.05x | 0.78x | 0.82x |
| Quick Ratio | 0.42x | 0.48x | 0.48x | 0.67x | 1.03x | 0.89x | 0.69x | 0.80x |
| Cash Conversion Cycle | -39 | -49.03 | -90.04 | -20.67 | 17 | 21.57 | -67.92 | -93 |
| Total Non-Current Liabilities | 189.8M | 242.66M | 263.17M | 560.12M | 617.98M | 524.52M | 606.33M | 601.61M |
| Long-Term Debt | 138.94M | 149.61M | 176M | 127.98M | 133.04M | 319.26M | 341.74M | 500.5M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 30.58M | 70.14M | 23.86M | 14.24M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 276.89M | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 50.86M | 93.05M | 87.17M | 59.56M | 344.89M | 17.82M | 134.79M | 17.3M |
| Total Liabilities | 236.15M | 298.99M | 318.09M | 626.01M | 690.75M | 616.83M | 714.21M | 717.59M |
| Total Debt | 142.48M | 153.18M | 182.77M | 131.93M | 170.44M | 406.62M | 379.62M | 524.69M |
| Net Debt | 131.27M | 143.84M | 171.47M | 110.61M | 138.45M | 378.86M | 362.95M | 478.83M |
| Debt / Equity | 2.29x | 5.74x | 38.49x | - | - | - | - | - |
| Debt / EBITDA | - | - | 11.83x | - | 5.95x | 7.85x | - | 5.73x |
| Net Debt / EBITDA | - | - | 11.10x | - | 4.83x | 7.32x | - | 5.23x |
| Interest Coverage | -5.78x | -1.30x | -0.04x | 0.11x | 2.28x | 1.39x | -1.14x | -0.06x |
| Total Equity | 62.19M▲ 0% | 26.68M▼ 57.1% | 4.75M▼ 82.2% | -210.47M▼ 4531.9% | -208.06M▲ 1.1% | -88.13M▲ 57.6% | -310.81M▼ 252.7% | -371.95M▼ 19.7% |
| Equity Growth % | - | -57.1% | -82.2% | -4531.86% | 1.14% | 57.64% | -252.66% | -19.67% |
| Book Value per Share | 2.70 | 1.16 | 0.21 | -8.81 | -8.23 | -2.22 | -9.71 | -10.69 |
| Total Shareholders' Equity | 62.19M | 26.68M | 4.75M | -654.43M | -154.78M | -10.59M | -216.57M | -269.08M |
| Common Stock | 150.2M | 152.26M | 113.7M | 4K | 5K | 5K | 4K | 4K |
| Retained Earnings | -56.72M | -93.85M | -107.49M | -643.83M | -641.9M | -630.13M | -701.84M | -740.52M |
| Treasury Stock | 0 | 0 | 0 | 0 | -1.7M | -1.7M | -1.7M | -1.7M |
| Accumulated OCI | -31.3M | -31.73M | -1.46M | -276.89M | 0 | -15.43M | 0 | -16.6M |
| Minority Interest | 0 | 0 | 0 | 443.96M | -53.28M | -77.55M | -94.24M | -102.87M |
Xponential Fitness, Inc. (XPOF) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 836K | 1.55M | -728K | 14.45M | 52.06M | 32.71M | 11.68M | 28.32M |
| Operating CF Margin % | 1.41% | 1.2% | -0.68% | 9.32% | 21.41% | 10.29% | 3.65% | 8.99% |
| Operating CF Growth % | - | 85.17% | -147.03% | 2085.03% | 260.28% | -37.17% | -64.3% | 142.51% |
| Net Income | -42.48M | -37.13M | -13.64M | -51.44M | 1.1M | -6.44M | -98.7M | -53.67M |
| Depreciation & Amortization | 3.51M | 6.39M | 7.65M | 10.17M | 15.31M | 16.88M | 17.71M | 12.03M |
| Stock-Based Compensation | 1.97M | 2.06M | 1.75M | 9.7M | 29.04M | 18M | 15.47M | 12.91M |
| Deferred Taxes | 888K | 2.22M | 2.83M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 15.41M | 11.3M | -6.57M | 32.64M | 7.63M | 13.62M | 71.4M | 50.12M |
| Working Capital Changes | 21.53M | 16.72M | 7.25M | 13.38M | -1.03M | -9.34M | 5.79M | 6.93M |
| Change in Receivables | -2.17M | -6.57M | 2.98M | -6.47M | -12.15M | -7.35M | -3.92M | 4.52M |
| Change in Inventory | -804K | -296K | -1.39M | -768K | -4.37M | -3.96M | 5.57M | 7.79M |
| Change in Payables | 6.43M | 6.53M | 1.71M | -3.01M | 469K | 889K | 8.62M | -141K |
| Cash from Investing | -24.43M | -9.78M | -4.6M | -50.63M | -14.61M | -11.69M | -14.15M | 1.53M |
| Capital Expenditures | -8.48M | -7.51M | -2.89M | -3.64M | -16.13M | -7.43M | -4.71M | -3.58M |
| CapEx % of Revenue | 14.32% | 5.81% | 2.71% | 2.35% | 6.63% | 2.34% | 1.47% | 1.14% |
| Acquisitions | -15.95M | -1.28M | -1.09M | -44.77M | 65K | -2.73M | -8.5M | 0 |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | 1K | -990K | -619K | -2.23M | 1.45M | -1.53M | -936K | 5.11M |
| Cash from Financing | 31.49M | 6.36M | 7.29M | 46.2M | -21.4M | -21.3M | -1.88M | -16.72M |
| Debt Issued (Net) | 34.31M | 8.91M | 31.34M | -54.7M | -603K | 180.55M | 15.61M | 115.24M |
| Equity Issued (Net) | 0 | 0 | 0 | 146.43M | 0 | -181.14M | 210K | 193K |
| Dividends Paid | 0 | 0 | -73.2M | -19.59M | -16.25M | -7.09M | -5.77M | -5.69M |
| Share Repurchases | 0 | 0 | 0 | -153.49M | 0 | -50.38M | 0 | 0 |
| Other Financing | -2.82M | -2.55M | 49.16M | -25.93M | -4.55M | -13.61M | -11.93M | -126.46M |
| Net Change in Cash | 7.89M▲ 0% | -1.87M▼ 123.7% | 1.96M▲ 204.8% | 10.02M▲ 411.3% | 16.05M▲ 60.2% | -276K▼ 101.7% | -4.36M▼ 1477.9% | 13.12M▲ 401.4% |
| Free Cash Flow | -7.65M▲ 0% | -5.96M▲ 22.1% | -3.62M▲ 39.3% | 9.59M▲ 365.1% | 35.93M▲ 274.6% | 23.5M▼ 34.6% | 6.96M▼ 70.4% | 24.74M▲ 255.2% |
| FCF Margin % | -12.9% | -4.61% | -3.39% | 6.19% | 14.77% | 7.39% | 2.17% | 7.86% |
| FCF Growth % | - | 22.08% | 39.29% | 365.15% | 274.56% | -34.6% | -70.37% | 255.21% |
| FCF per Share | -0.33 | -0.26 | -0.16 | 0.40 | 1.42 | 0.59 | 0.22 | 0.71 |
| FCF Conversion (FCF/Net Income) | -0.02x | -0.04x | 0.05x | -0.77x | 42.85x | -8.18x | -0.18x | -0.84x |
| Interest Paid | 5.56M | 12.86M | 17.04M | 16.14M | 11.63M | 34.79M | 41.29M | 0 |
| Taxes Paid | 63K | 174K | 228K | 1.4M | 2.79M | 1.57M | 563K | 0 |
Xponential Fitness, Inc. (XPOF) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -68.31% | -83.58% | -86.8% | - | - | - | - | - |
| Return on Invested Capital (ROIC) | -14.04% | -8.68% | 3.37% | -60.55% | - | 23.68% | -23.46% | 75.04% |
| Gross Margin | 50.54% | 57.13% | 61.33% | 64.98% | 66.21% | 68.98% | 81.43% | 75.62% |
| Net Margin | -71.68% | -28.76% | -12.8% | -12.14% | 0.5% | -1.26% | -20.27% | -10.73% |
| Debt / Equity | 2.29x | 5.74x | 38.49x | - | - | - | - | - |
| Interest Coverage | -5.78x | -1.30x | -0.04x | 0.11x | 2.28x | 1.39x | -1.14x | -0.06x |
| FCF Conversion | -0.02x | -0.04x | 0.05x | -0.77x | 42.85x | -8.18x | -0.18x | -0.84x |
| Revenue Growth | - | 117.89% | -17.45% | 45.49% | 56.82% | 30.73% | 0.76% | -1.71% |
Xponential Fitness, Inc. (XPOF) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 7, 2026·SEC
Mar 10, 2026·SEC
Feb 26, 2026·SEC
Xponential Fitness, Inc. (XPOF) stock FAQ — growth, dividends, profitability & financials explained
Xponential Fitness, Inc. (XPOF) reported $314.9M in revenue for fiscal year 2025. This represents a 431% increase from $59.3M in 2018.
Xponential Fitness, Inc. (XPOF) saw revenue decline by 1.7% over the past year.
Xponential Fitness, Inc. (XPOF) reported a net loss of $34.9M for fiscal year 2025.
Yes, Xponential Fitness, Inc. (XPOF) pays a dividend with a yield of 2.47%. This makes it attractive for income-focused investors.
Xponential Fitness, Inc. (XPOF) generated $23.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Xponential Fitness, Inc. (XPOF) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates