Xponential Fitness Inc

For the period ended Mar 31, 2025. Filed May 9, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 9, 2025

XPOF$4.74+1.9%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Statements of Operations

	Three Months Ended March 31,
	2025	2024
Revenue, net:
Franchise revenue	$43,894	$41,754
Equipment revenue	11,104	13,900
Merchandise revenue	6,255	8,345
Franchise marketing fund revenue	9,269	7,832
Other service revenue	6,361	7,862
Total revenue, net	76,883	79,693
Operating costs and expenses:
Costs of product revenue	11,972	14,566
Costs of franchise and service revenue	4,097	5,047
Selling, general and administrative expenses (Note 9)	45,545	36,620
Impairment of goodwill and other noncurrent assets	1,915	—
Depreciation and amortization	2,956	4,436
Marketing fund expense	9,357	6,515
Acquisition and transaction expenses (income)	(8,638)	4,515
Total operating costs and expenses	67,204	71,699
Operating income	9,679	7,994
Other expense (income):
Interest income	(619)	(363)
Interest expense	11,388	11,545
Other expense	1,084	609
Total other expense	11,853	11,791
Loss before income taxes	(2,174)	(3,797)
Income taxes (benefit)	485	(47)
Net loss	(2,659)	(3,750)
Less: net loss attributable to noncontrolling interests	(736)	(1,270)
Net loss attributable to Xponential Fitness, Inc.	$(1,923)	$(2,480)
Net loss per share of Class A common stock:
Basic	$(0.10)	$(0.29)
Diluted	$(0.10)	$(0.29)
Weighted average shares of Class A common stock outstanding:
Basic	33,910	31,125
Diluted	33,910	31,125

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.