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MARKETS / NYSE / XPOF
NYSE · SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION

Xponential Fitness, Inc. XPOF

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$314.9M
▼ 1.7% YoY
$-38.7M
$24.7M
▲ 255.2% YoY
In brief

What this company does

XPO LLC offers workout experiences in studio locations throughout North America and internationally, with franchise, master franchise and international expansion agreements in 49 U.S. states, Puerto Rico, and 28 additional countries as of December 31, 2025. As of December 31, 2025, the Company had approximately 340 employees at its corporate headquarters, of which approximately 116 were part-time employees. The Company's portfolio of brands includes Club Pilates, StretchLab, a concept offering one-on-one and group stretching services, YogaSix, Pure Barre, a total body workout that uses the ballet barre to perform small isometric movements, and BFT, a functional training and strength-based program. Club Pilates had 1,414 operational studios and 1,996 licenses sold globally as of December 31, 2025. The Company was formed as a Delaware corporation on January 14, 2020 as part of an internal reorganization that preceded its initial public offering.

Written from the business description in Xponential Fitness, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 4 March 2026. Every sentence was checked against that document before publication.

Growth
USD 314.9M
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2025 · Revenue 314.9 · Net income -38.7
200.0M-25.0M-50.0M2019202020212022202320242025
Compound annual growth
+9.0%
+24.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +24.2% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−17 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 6.3% · Net -17.0%
5%10%-10%-20%-30%2019202020212022202320242025
ROE

No chart to show — the reason differs by year; see each year in the table below.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 24.7
20M40M-2M-4M2019202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 0.0
20M40M-50M-100M20212022202320242025

Total assetsUSD 345.6M
EquityUSD -269.1M
CashUSD 45.9M
Gross debtUSD 505.8M
Net debtUSD 459.9M
Current ratio0.82×

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B0.30.30.30.20.20.10.1
Operating income $B0.0−0.10.00.0−0.00.0−0.0
EBITDA $B0.0−0.00.00.0−0.00.0−0.0
Income tax $B0.0−0.00.00.00.00.00.0
Net income $B−0.0−0.1−0.00.0−0.0−0.0−0.0
Free cash flow $B0.00.00.00.00.0−0.0−0.0
EPS, diluted $−1.47−2.27−0.52−0.88−2.85··
Dividend / sh $·······
Payout %·······
ROE %·····−287.2·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 24 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 70 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Miscellaneous Amusement & Recreation
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2019

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