XPOF

MKT CAP:$236M

Xponential Fitness, Inc.

Market Cap

$236M

Consumer Cyclical·Leisure·🇺🇸 United States·NYSE

Consumer Cyc.·Leisure·🇺🇸·NYSE

Stock Price

$7.21-$0.80 (-10.04%)

Apr 20, 2026

Company Details

Xponential Fitness, Inc., through its subsidiaries, operates as a boutique fitness franchisor in the United States and internationally. The company offers fitness and wellness services, including pilates, barre, cycling, stretching, rowing,...

CEO

Michael Nuzzo

IPO Date

Jul 23, 2021

Website

www.xponential.com

Key Metrics TTM

Revenue

$118M

— YoY

Net Income

-$20M

EPS (Diluted)

-$0.82

Free Cash Flow

$983.0K

Revenue / Share

$4.63

Gross Margin

65.0%

Operating Margin

1.3%

Net Margin

-16.7%

FCF Margin

0.8%

P/S

2.0x

P/E

—

Earnings Reports

Q3 2021

May 14, 2026

PENDING

Q2 2021

Aug 25, 2021

$36M+66.7%EPS -$0.31

Q1 2021

Mar 30, 2021

$29M-8.6%EPS -$0.21

FY 2020

Dec 31, 2020

$107M-17.5%EPS -$0.59

Q4 2020

Dec 30, 2020

$28MEPS -$0.22

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 20	$32M	$19M	$6M
Q2 20	$21M	$12M	-$473.0K
Q3 20	$26M	$16M	$3M
Q4 20	$28M	$18M	-$564.0K
Q1 21	$29M	$19M	-$221.0K
Q2 21	$36M	$24M	-$392.0K

Valuation

Quarter	P/S	P/E
Q1 20	—	—
Q2 20	—	—
Q3 20	—	—
Q4 20	2.2x	—
Q1 21	2.3x	—
Q2 21	2.0x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 20	$970.0K	$396.0K
Q2 20	-$6M	-$7M
Q3 20	$1M	$453.0K
Q4 20	$3M	$3M
Q1 21	-$200.0K	-$2M
Q2 21	$710.0K	-$468.0K

Capital Expenditures

Quarter	CapEx
Q1 20	$574.0K
Q2 20	$744.0K
Q3 20	$988.0K
Q4 20	$584.0K
Q1 21	$1M
Q2 21	$1M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 21	-8.6%	+14.1%
Q2 21	+66.7%	+64.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 20	$418.0K	1.3%
Q2 20	$447.0K	2.1%
Q3 20	$462.0K	1.8%
Q4 20	$424.0K	1.5%
Q1 21	$222.0K	0.8%
Q2 21	$449.0K	1.3%

OpEx Breakdown

Quarter	G&A
Q1 20	$12M
Q2 20	$15M
Q3 20	$17M
Q4 20	$17M
Q1 21	$17M
Q2 21	$21M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$14M	$0	$14M
Q2 22	$27M	$0	$27M
Q3 22	$28M	$0	$28M
Q4 22	$32M	$0	$32M
Q1 23	$22M	$0	$22M
Q2 23	$33M	$0	$33M
Q3 23	$44M	$0	$44M
Q4 23	$28M	$0	$28M
Q1 24	$17M	$0	$17M
Q2 24	$15M	$0	$15M
Q3 24	$25M	$0	$25M
Q4 24	$17M	$0	$17M
Q1 25	$27M	$0	$27M
Q2 25	$22M	$0	$22M
Q3 25	$41M	$0	$41M
Q4 25	$46M	$0	$46M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 20	23M	—	—
Q2 20	23M	0.0%	—
Q3 20	23M	0.0%	—
Q4 20	23M	0.0%	—
Q1 21	23M	0.0%	0.0%
Q2 21	26M	+11.1%	+11.1%

Shares Outstanding