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Xponential Fitness, Inc.

For the period ended Dec 31, 2025. Filed Mar 4, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 4, 2026

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

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Operations

Year Ended December 31,
202520242023
Revenue, net:
Franchise revenue$192,642$174,524$143,247
Equipment revenue35,02254,19956,454
Merchandise revenue23,91227,17433,275
Franchise marketing fund revenue36,46833,98627,292
Other service revenue26,83530,46357,669
Total revenue, net314,879320,346317,937
Operating costs and expenses:
Costs of product revenue42,41159,47760,331
Costs of franchise and service revenue22,33821,80615,985
Selling, general and administrative expenses (Note 9)152,001176,854168,863
Impairment of goodwill and other noncurrent assets32,71862,55116,750
Depreciation and amortization12,02717,71316,883
Marketing fund expense40,48426,67322,683
Acquisition and transaction (income) expense(6,948)8,886(18,464)
Total operating costs and expenses295,031373,960283,031
Operating income (loss)19,848(53,614)34,906
Other expense (income):
Interest income(3,212)(1,824)(1,611)
Other income(1,096)——
Interest expense49,18946,25038,733
Tax receivable agreement expense (benefit)(11)9983,193
Loss on debt extinguishment27,327——
Total other expense72,19745,42440,315
Loss before income taxes(52,349)(99,038)(5,409)
Income taxes (benefit)1,322(342)1,034
Net loss(53,671)(98,696)(6,443)
Less: net loss attributable to noncontrolling interests(14,988)(31,038)(2,442)
Net loss attributable to Xponential Fitness, Inc.$(38,683)$(67,658)$(4,001)
Net loss per share of Class A common stock:
Basic$(1.47)$(2.27)$1.08
Diluted$(1.47)$(2.27)$(0.52)
Weighted average shares of Class A common stock outstanding:
Basic34,80431,99931,742
Diluted34,80431,99939,705
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.