Xponential Fitness, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $314.9M | $320.3M | $317.9M | $243.2M | $155.1M |
| Cost of revenue | — | — | — | $46.5M | — |
| Selling, general & administrative | $152.0M | $176.9M | $168.9M | $126.3M | $94.0M |
| Operating income | $19.8M | -$53.6M | $34.9M | $13.3M | -$30.8M |
| Interest expense | $49.2M | $46.2M | $38.7M | $13.0M | $24.7M |
| Pretax income | -$52.3M | -$99.0M | -$5.4M | $1.6M | -$50.7M |
| Income tax expense | $1.3M | -$342,000 | $1.0M | $488,000 | $783,000 |
| Net income | -$38.7M | -$67.7M | -$4.0M | $1.2M | -$18.8M |
| Balance Sheet | |||||
| Current assets | $94.6M | $84.1M | $97.0M | $85.7M | $51.2M |
| Total assets | $345.6M | $403.4M | $529.5M | $482.7M | $415.5M |
| Current liabilities | $116.0M | $107.9M | $102.2M | $72.8M | $65.9M |
| Total liabilities | $717.6M | $597.4M | $624.4M | $382.7M | $349.1M |
| Stockholders' equity | -$269.1M | -$216.6M | -$130.0M | -$154.8M | -$654.4M |
| Cash Flow Statement | |||||
| Cash from operations | $28.3M | $11.7M | $32.7M | $52.1M | $14.5M |
| Depreciation and amortization | $4.6M | $6.1M | $5.6M | $3.9M | $3.0M |
| Stock-based compensation | $12.9M | $15.5M | $18.0M | $29.0M | $9.7M |
| Capital expenditure | $3.6M | $4.7M | $7.4M | $9.0M | $3.6M |
| Free cash flow | $24.7M | $7.0M | $25.3M | $43.1M | $10.8M |
| Share repurchases | $0 | $0 | $50.4M | $0 | $0 |
| Impairments | $32.7M | $62.6M | $16.8M | $3.7M | $781,000 |
Shares outstanding 49.2M · Free float 47.7%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.