Xponential Fitness, Inc.XPOFEarnings & Financial Report
Xponential Fitness is one of the largest global franchisor of fitness boutiques. Its franchises operate in 49 U.S. states and 31 countries with more than 3,000 studios open. The company is headquartered in Irvine, California.
Revenue
$83.2M
Gross Profit
N/A
Operating Profit
$-51.9M
Net Profit
$-43.5M
Gross Margin
N/A
Operating Margin
-62.4%
Net Margin
-52.3%
YoY Growth
-7.0%
EPS
$-1.39
Xponential Fitness, Inc. Q4 FY2024 Financial Summary
Xponential Fitness, Inc. reported revenue of $83.2M (down 7.0% YoY) for Q4 FY2024, with a net profit of $-43.5M (down 382.5% YoY) (-52.3% margin).
Key Financial Metrics
| Total Revenue | $83.2M |
|---|---|
| Net Profit | $-43.5M |
| Gross Margin | N/A |
| Operating Margin | -62.4% |
| Report Period | Q4 FY2024 |
Revenue Breakdown
Xponential Fitness, Inc. Q4 FY2024 revenue of $83.2M breaks down across 6 segments, led by Franchise Marketing Fund Revenue at $34.0M (40.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Franchise Marketing Fund Revenue | $34.0M | 40.8% |
| Franchise Development Fees | $24.1M | 29.0% |
| Contract Termination | $12.3M | 14.8% |
| Spartan Fitness | $10.7M | 12.8% |
| Brand Fees | $1.7M | 2.1% |
| Franchisees | $1.2M | 1.4% |
Xponential Fitness, Inc. Revenue by Segment — Quarterly Trend
Xponential Fitness, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Franchise Marketing Fund Revenue and Franchise Development Fees) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Franchise Marketing Fund Revenue | $8.9M | — | — | — |
| Spartan Fitness | $4.5M | $4.0M | — | — |
Xponential Fitness, Inc. Annual Revenue by Year
Xponential Fitness, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $314.9M).
| Year | Annual Revenue |
|---|---|
| 2025 | $314.9M |
| 2024 | $320.3M |
| 2023 | $317.9M |
| 2022 | $243.2M |
Xponential Fitness, Inc. Quarterly Revenue & Net Profit History
Xponential Fitness, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $83.0M | -0.3% | $-32.9M | -39.6% |
| Q3 FY2025 | $78.8M | -2.1% | $-4.9M | -6.2% |
| Q2 FY2025 | $76.2M | -0.9% | $969.0K | 1.3% |
| Q1 FY2025 | $76.9M | -3.5% | $-1.9M | -2.5% |
| Q4 FY2024 | $83.2M | -7.0% | $-43.5M | -52.3% |
| Q3 FY2024 | $80.5M | +0.1% | $-12.1M | -15.1% |
| Q2 FY2024 | $76.9M | -0.6% | $-9.6M | -12.4% |
| Q1 FY2024 | $79.7M | +12.7% | $-2.5M | -3.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $79.7M | $76.9M | $80.5M | $83.2M | $76.9M | $76.2M | $78.8M | $83.0M |
| YoY Growth | 12.7% | -0.6% | 0.1% | -7.0% | -3.5% | -0.9% | -2.1% | -0.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $508.4M | $475.2M | $472.2M | $403.4M | $412.4M | $399.8M | $355.3M | $345.6M |
| Liabilities | $599.9M | $576.0M | $595.5M | $597.4M | $609.3M | $596.2M | $559.0M | $717.6M |
| Equity | $-144.4M | $-151.9M | $-155.7M | $-216.6M | $-225.2M | $-225.0M | $-230.4M | $-269.1M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $2.7M | $3.0M | $5.2M | $776000 | $5.8M | $2.5M | $9.3M | $10.7M |