Xponential Fitness, Inc. (XPOF) Income Statement
XPOF 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsXPOF revenue and net income
Where XPOF's revenue goes
2025Each bar shows an amount and its share of revenue. XPOF kept −10.7% of revenue as net income.
XPOF profit margins
XPOF growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −1.7% | +9.0% | +24.2% | — |
| Gross profit | −8.7% | +13.9% | +29.5% | — |
| Operating income | — | +81.4% | +59.1% | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
XPOF quarterly EPS vs estimates
Xponential Fitness beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.07).
XPOF income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $314.9M | $320.3M | $317.9M | $243.2M | $155.1M | $106.6M | $129.1M | $59.3M |
| Cost of revenue | $76.8M | $59.5M | $98.6M | $82.2M | $54.3M | $41.2M | $55.4M | $29.3M |
| Gross profit | $238.1M | $260.9M | $219.3M | $161.0M | $100.8M | $65.4M | $73.8M | $30.0M |
| Sales, general & admin | $152.0M | $176.9M | $148.5M | $116.0M | $88.0M | $60.9M | $88.7M | $47.8M |
| Total operating expenses | $158.6M | $314.5M | $184.4M | $147.7M | $131.6M | $57.6M | $94.8M | $48.1M |
| Operating income | $79.5M | −$53.6M | $34.9M | $13.3M | −$30.8M | $7.8M | −$21.1M | −$36.2M |
| Interest income | $3.2M | $1.8M | $1.8M | $1.8M | $1.2M | $345,000 | $168,000 | $56,000 |
| Interest expense | $49.2M | $46.2M | $38.7M | $13.0M | $24.7M | $21.4M | $16.1M | $6.3M |
| Income before taxes | −$52.3M | −$99.0M | −$5.4M | $1.6M | −$50.7M | −$13.3M | −$37.0M | −$42.4M |
| Income taxes | $1.3M | −$342,000 | $1.0M | $488,000 | $783,000 | $369,000 | $164,000 | $73,000 |
| Net income | −$33.8M | −$64.9M | −$4.0M | $1.2M | −$18.8M | −$13.6M | −$37.1M | −$42.5M |
| EBITDA | $8.9M | −$35.1M | $70.8M | $45.0M | $12.8M | $6.9M | −$14.5M | −$32.6M |
| EPS (diluted) | −$0.51 | −$0.10 | $0.24 | −$1.26 | −$1.19 | −$0.59 | — | — |
| Gross margin | 75.6% | 81.4% | 69.0% | 66.2% | 65.0% | 61.3% | 57.1% | 50.5% |
| Operating margin | 25.3% | −16.7% | 11.0% | 5.5% | −19.9% | 7.3% | −16.3% | −61.1% |
| Net margin | −10.7% | −20.3% | −1.3% | 0.5% | −12.1% | −12.8% | −28.8% | −71.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $66.0M | $60.7M | $83.0M | $78.8M | $76.2M | $76.9M | $83.8M | $80.5M | $76.9M | $79.7M | $89.5M | $80.4M |
| Cost of revenue | $9.8M | $9.1M | $19.3M | $21.0M | $10.5M | $25.4M | $27.0M | $28.4M | $27.6M | $26.0M | $30.3M | $22.1M |
| Gross profit | $56.2M | $51.6M | $63.6M | $57.9M | $65.7M | $51.5M | $56.8M | $52.1M | $49.3M | $53.7M | $59.2M | $58.4M |
| Sales, general & admin | $31.1M | $30.0M | $57.7M | $33.5M | $28.0M | $28.9M | $33.0M | $57.9M | $31.3M | $29.3M | $44.4M | $48.6M |
| Total operating expenses | $46.7M | $36.6M | $49.0M | $34.4M | $50.9M | $41.8M | $109.0M | $58.6M | $52.4M | $45.7M | $61.0M | $50.9M |
| Operating income | $9.5M | $15.0M | $14.6M | $23.4M | $14.8M | $9.7M | −$52.2M | −$6.4M | −$3.1M | $8.0M | −$1.8M | $7.5M |
| Interest income | $668,000 | $637,000 | $798,000 | $1.1M | $701,000 | $619,000 | $593,000 | $481,000 | $387,000 | $363,000 | $422,000 | $24,000 |
| Interest expense | $14.9M | $14.5M | $11.9M | $12.9M | $13.0M | $11.4M | $11.6M | $11.8M | $11.3M | $11.5M | $11.5M | $10.6M |
| Income before taxes | −$4.8M | −$814,000 | −$45.4M | −$6.5M | $1.7M | −$2.2M | −$63.3M | −$17.8M | −$14.2M | −$3.8M | −$13.0M | −$5.0M |
| Income taxes | $65,000 | $6,000 | $259,000 | $266,000 | $312,000 | $485,000 | −$558,000 | $131,000 | $132,000 | −$47,000 | $822,000 | $202,000 |
| Net income | −$4.1M | −$725,000 | −$29.6M | −$4.3M | $1.5M | −$1.9M | −$43.7M | −$13.4M | −$9.6M | −$2.5M | −$9.0M | −$20.2M |
| EBITDA | $13.7M | $15.9M | −$31.0M | $10.1M | $17.6M | $22.6M | $23.8M | −$1.8M | $18.0M | $24.4M | $14.8M | $9.9M |
| EPS (diluted) | $0.02 | −$0.04 | −$0.91 | $0.34 | $0.26 | −$0.20 | −$0.19 | −$0.04 | −$0.03 | $0.16 | $0.08 | $0.11 |
| Gross margin | 85.2% | 84.9% | 76.7% | 73.4% | 86.2% | 66.9% | 67.8% | 64.8% | 64.1% | 67.3% | 66.1% | 72.5% |
| Operating margin | 14.4% | 24.7% | 17.6% | 29.7% | 19.5% | 12.6% | −62.2% | −8.0% | −4.0% | 10.0% | −2.0% | 9.3% |
| Net margin | −6.3% | −1.2% | −35.7% | −5.5% | 2.0% | −2.5% | −52.1% | −16.6% | −12.4% | −3.1% | −10.1% | −25.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in XPOF's financial statements (latest annual report filed March 4, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
XPOF financial results
In fiscal year 2025 (ended December 31, 2025), Xponential Fitness reported revenue of $314.9 million, down 1.7% from the year before. It had a net loss of $33.8 million, a net profit margin of −10.7%. Diluted earnings per share came to −$0.51. Over five years revenue grew at an average rate of 24.2% a year.
See the XPOF stock overview for the latest quote and news, or the XPOF chart for price history and technical indicators.
XPOF income statement FAQ
What is Xponential Fitness's annual revenue?
Xponential Fitness reported total revenue of $314.9 million for fiscal year 2025, which ended on December 31, 2025. That was down 1.7% from $320.3 million the previous year.
Is Xponential Fitness profitable?
No. Xponential Fitness reported a net loss of $33.8 million in fiscal 2025, a net profit margin of −10.7%; its operating margin was 25.3%.
What is Xponential Fitness's gross margin?
Xponential Fitness's gross margin was 75.6% in fiscal 2025: for every $100 of revenue, Xponential Fitness kept $76 after the direct cost of its products and services.
How fast is Xponential Fitness growing?
Revenue grew 24.2% a year on average over the last five fiscal years, from $106.6 million to $314.9 million.
What are Xponential Fitness's earnings per share?
Xponential Fitness earned $-0.51 per diluted share in fiscal 2025, compared with $-0.10 a year earlier.
When will Xponential Fitness report its next earnings?
Xponential Fitness is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does Xponential Fitness's fiscal year end?
Xponential Fitness's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 4, 2026.