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Side-by-side financial comparison of WisdomTree, Inc. (WT) and Xponential Fitness, Inc. (XPOF). Click either name above to swap in a different company.

WisdomTree, Inc. is the larger business by last-quarter revenue ($159.5M vs $83.0M, roughly 1.9× Xponential Fitness, Inc.). WisdomTree, Inc. runs the higher net margin — 25.5% vs -39.6%, a 65.1% gap on every dollar of revenue. On growth, WisdomTree, Inc. posted the faster year-over-year revenue change (47.5% vs -0.3%). Over the past eight quarters, WisdomTree, Inc.'s revenue compounded faster (22.1% CAGR vs 2.0%).

WisdomTree, Inc. is a global exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager with headquarters in New York. WisdomTree launched its first ETFs in June 2006, and became one of the major ETF providers in the United States. WisdomTree sponsors different ETFs that span asset classes and countries worldwide. Categories include: U.S. and International Equity, Currency, Fixed Income and Alternatives.

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.

WT vs XPOF — Head-to-Head

Bigger by revenue
WT
WT
1.9× larger
WT
$159.5M
$83.0M
XPOF
Growing faster (revenue YoY)
WT
WT
+47.9% gap
WT
47.5%
-0.3%
XPOF
Higher net margin
WT
WT
65.1% more per $
WT
25.5%
-39.6%
XPOF
Faster 2-yr revenue CAGR
WT
WT
Annualised
WT
22.1%
2.0%
XPOF

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
WT
WT
XPOF
XPOF
Revenue
$159.5M
$83.0M
Net Profit
$40.6M
$-32.9M
Gross Margin
Operating Margin
37.2%
-9.9%
Net Margin
25.5%
-39.6%
Revenue YoY
47.5%
-0.3%
Net Profit YoY
76.4%
24.4%
EPS (diluted)
$0.28
$-1.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
WT
WT
XPOF
XPOF
Q1 26
$159.5M
Q4 25
$147.4M
$83.0M
Q3 25
$125.6M
$78.8M
Q2 25
$112.6M
$76.2M
Q1 25
$108.1M
$76.9M
Q4 24
$110.7M
$83.2M
Q3 24
$113.2M
$80.5M
Q2 24
$107.0M
$76.9M
Net Profit
WT
WT
XPOF
XPOF
Q1 26
$40.6M
Q4 25
$40.0M
$-32.9M
Q3 25
$19.7M
$-4.9M
Q2 25
$24.8M
$969.0K
Q1 25
$24.6M
$-1.9M
Q4 24
$27.3M
$-43.5M
Q3 24
$-4.5M
$-12.1M
Q2 24
$21.8M
$-9.6M
Operating Margin
WT
WT
XPOF
XPOF
Q1 26
37.2%
Q4 25
40.5%
-9.9%
Q3 25
36.3%
4.5%
Q2 25
30.8%
19.5%
Q1 25
31.6%
12.6%
Q4 24
31.7%
-62.4%
Q3 24
36.0%
-8.2%
Q2 24
31.3%
-4.0%
Net Margin
WT
WT
XPOF
XPOF
Q1 26
25.5%
Q4 25
27.1%
-39.6%
Q3 25
15.7%
-6.2%
Q2 25
22.0%
1.3%
Q1 25
22.8%
-2.5%
Q4 24
24.7%
-52.3%
Q3 24
-4.0%
-15.1%
Q2 24
20.3%
-12.4%
EPS (diluted)
WT
WT
XPOF
XPOF
Q1 26
$0.28
Q4 25
$0.28
$-1.18
Q3 25
$0.13
$-0.18
Q2 25
$0.17
$-0.01
Q1 25
$0.17
$-0.10
Q4 24
$0.20
$-1.39
Q3 24
$-0.13
$-0.29
Q2 24
$0.13
$-0.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
WT
WT
XPOF
XPOF
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$525.0M
Stockholders' EquityBook value
$-269.1M
Total Assets
$1.8B
$345.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
WT
WT
XPOF
XPOF
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$132.5M
Total Debt
WT
WT
XPOF
XPOF
Q1 26
Q4 25
$525.0M
Q3 25
$376.4M
Q2 25
$377.8M
Q1 25
$379.1M
Q4 24
$352.4M
Q3 24
$353.8M
Q2 24
$330.1M
Stockholders' Equity
WT
WT
XPOF
XPOF
Q1 26
Q4 25
$413.7M
$-269.1M
Q3 25
$373.4M
$-230.4M
Q2 25
$445.1M
$-225.0M
Q1 25
$415.6M
$-225.2M
Q4 24
$400.0M
$-216.6M
Q3 24
$374.9M
$-155.7M
Q2 24
$445.6M
$-151.9M
Total Assets
WT
WT
XPOF
XPOF
Q1 26
$1.8B
Q4 25
$1.5B
$345.6M
Q3 25
$1.4B
$355.3M
Q2 25
$1.1B
$399.8M
Q1 25
$1.0B
$412.4M
Q4 24
$1.0B
$403.4M
Q3 24
$1.0B
$472.2M
Q2 24
$964.1M
$475.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
WT
WT
XPOF
XPOF
Operating Cash FlowLast quarter
$18.0M
$10.7M
Free Cash FlowOCF − Capex
$10.2M
FCF MarginFCF / Revenue
12.3%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
0.44×
TTM Free Cash FlowTrailing 4 quarters
$24.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
WT
WT
XPOF
XPOF
Q1 26
$18.0M
Q4 25
$147.9M
$10.7M
Q3 25
$48.1M
$9.3M
Q2 25
$38.8M
$2.5M
Q1 25
$6.4M
$5.8M
Q4 24
$113.5M
$776.0K
Q3 24
$47.7M
$5.2M
Q2 24
$32.2M
$3.0M
Free Cash Flow
WT
WT
XPOF
XPOF
Q1 26
Q4 25
$147.7M
$10.2M
Q3 25
$48.0M
$8.2M
Q2 25
$38.7M
$996.0K
Q1 25
$6.3M
$5.4M
Q4 24
$113.3M
$674.0K
Q3 24
$47.7M
$3.4M
Q2 24
$32.2M
$872.0K
FCF Margin
WT
WT
XPOF
XPOF
Q1 26
Q4 25
100.2%
12.3%
Q3 25
38.2%
10.4%
Q2 25
34.4%
1.3%
Q1 25
5.9%
7.0%
Q4 24
102.4%
0.8%
Q3 24
42.1%
4.2%
Q2 24
30.1%
1.1%
Capex Intensity
WT
WT
XPOF
XPOF
Q1 26
Q4 25
0.1%
0.6%
Q3 25
0.0%
1.4%
Q2 25
0.1%
2.0%
Q1 25
0.0%
0.6%
Q4 24
0.1%
0.1%
Q3 24
0.0%
2.3%
Q2 24
0.0%
2.8%
Cash Conversion
WT
WT
XPOF
XPOF
Q1 26
0.44×
Q4 25
3.70×
Q3 25
2.44×
Q2 25
1.57×
2.60×
Q1 25
0.26×
Q4 24
4.15×
Q3 24
Q2 24
1.48×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

WT
WT

Advisory fees$134.9M85%
Other$6.1M4%
Third-party distribution fees$5.8M4%
Management fees$5.2M3%
Sales and business development$4.2M3%
Professional fees$3.3M2%

XPOF
XPOF

Franchise$51.5M62%
Products$9.7M12%
Franchise Marketing Fund Revenue$8.9M11%
Service Other$8.3M10%
Spartan Fitness$4.5M5%

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