Xponential Fitness Inc Class A (XPOF) financials
Xponential Fitness revenue and earnings by year
Xponential Fitness's revenue was $315 million in the fiscal year to December 31, 2025, down 1.7% from the year before. Net income was -$38.7 million, -12.3% of revenue. Since the fiscal year to December 31, 2018, revenue has grown 26.9% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 8 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 315 | 320 | 318 | 243 | 155 | 107 | 129 | 59 |
| Revenue growth | -1.7% | 0.8% | 30.7% | 56.8% | 45.5% | -17.5% | 117.9% | — |
| Gross profit | 210 | 212 | 219 | 161 | 101 | 65 | 74 | 30 |
| Gross margin | 66.6% | 66.3% | 68.9% | 66.2% | 65.0% | 61.3% | 57.1% | 50.5% |
| Operating income | 20 | -54 | 35 | 13 | -31 | 8 | -21 | -36 |
| Operating margin | 6.3% | -16.7% | 11.0% | 5.5% | -19.9% | 7.3% | -16.3% | -61.1% |
| Net income | -39 | -68 | -4 | 1 | -19 | -14 | -37 | -42 |
| Net margin | -12.3% | -21.1% | -1.3% | 0.5% | -12.1% | -12.8% | -28.8% | -71.7% |
| Free cash flow | 25 | 7 | 25 | 43 | 11 | -3 | -4 | -7 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open XPOF in Markets.
How Xponential Fitness makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Franchise | $44.0M | 66.7% |
| Franchise Marketing Fund Revenue | $8.73M | 13.2% |
| Equipment Revenue | $7.06M | 10.7% |
| Services & Other | $5.64M | 8.6% |
| Merchandise Revenue | $542K | 0.8% |
See also: XPOF returns
No forecast, no recommendation. This page describes Xponential Fitness Inc Class A from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.