XWELL, Inc.XWELEarnings & Financial Report
XWELL, Inc. is a travel wellness and health services provider that primarily operates airport-based wellness locations, offering spa treatments, travel health services including diagnostic testing, and personal care products to leisure and business travelers across major U.S. and international airport hubs.
XWEL Q4 FY2025 Key Financial Metrics
Revenue
$7.2M
Gross Profit
$2.9M
Operating Profit
$-9.1M
Net Profit
$-9.3M
Gross Margin
40.8%
Operating Margin
-126.5%
Net Margin
-129.7%
YoY Growth
-4.2%
EPS
$-3.26
XWELL, Inc. Q4 FY2025 Financial Summary
XWELL, Inc. reported revenue of $7.2M (down 4.2% YoY) for Q4 FY2025, with a net profit of $-9.3M (down 22.2% YoY) (-129.7% margin). Cost of goods sold was $4.2M, operating expenses totaled $12.0M.
Key Financial Metrics
| Total Revenue | $7.2M |
|---|---|
| Net Profit | $-9.3M |
| Gross Margin | 40.8% |
| Operating Margin | -126.5% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
XWELL, Inc. Q4 FY2025 revenue of $7.2M breaks down across 2 segments, led by Transferred At Point In Time at $5.3M (73.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Transferred At Point In Time | $5.3M | 73.6% |
| Transferred Over Time | $1.9M | 26.4% |
XWELL, Inc. Revenue by Segment — Quarterly Trend
XWELL, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Transferred At Point In Time and Transferred Over Time) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Transferred At Point In Time | $5.3M | $5.3M | $5.5M | — |
| Transferred Over Time | $1.9M | $2.0M | $2.2M | — |
XWELL, Inc. Annual Revenue by Year
XWELL, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $29.2M).
XWELL, Inc. Quarterly Revenue & Net Profit History
XWELL, 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 | $7.2M | -4.2% | $-9.3M | -129.7% |
| Q3 FY2025 | $7.3M | -12.8% | $-724.0K | -9.9% |
| Q2 FY2025 | $7.7M | -17.2% | $-2.3M | -29.5% |
| Q1 FY2025 | $7.0M | -19.5% | $-4.7M | -67.2% |
| Q4 FY2024 | $7.5M | +0.9% | $-7.6M | -101.7% |
| Q3 FY2024 | $8.4M | +12.8% | $-4.8M | -56.4% |
| Q2 FY2024 | $9.3M | +13.5% | $-2.0M | -21.5% |
| Q1 FY2024 | $8.7M | +23.5% | $-2.5M | -28.8% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.7M | $9.3M | $8.4M | $7.5M | $7.0M | $7.7M | $7.3M | $7.2M |
| YoY Growth | 23.5% | 13.5% | 12.8% | 0.9% | -19.5% | -17.2% | -12.8% | -4.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $37.5M | $36.3M | $33.8M | $25.4M | $24.8M | $22.4M | $21.7M | $11.2M |
| Liabilities | $18.7M | $19.1M | $19.0M | $17.6M | $21.4M | $18.3M | $18.3M | $23.8M |
| Equity | $10.6M | $8.8M | $6.3M | $-788000 | $-5.8M | $-5.2M | $-6.3M | $-22.3M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-3.7M | $-443000 | $-3.4M | $-3.5M | $-4.2M | $-2.4M | $-2.1M | $-42000 |