XPOF on NYSE

Xponential Fitness, Inc.

American miscellaneous amusement and recreation services company. Summary from the record

Price unavailable

Last updated Oct 19, 2026.

Overview

$314.9MRevenue, fiscal 20252
-$38.7MNet income, fiscal 20252

Compare with Vivid Seats Inc., Pursuit Attractions & Hospitality, Inc. or Golden Entertainment, or pick any stock.

  • TickerXPOF on NYSE1
  • IndustryServices-Miscellaneous Amusement & Recreation1
  • HeadquartersIrvine, California1
  • Incorporated inDE3
  • Business address17877 Von Karman Ave, Suite 100, Irvine, Ca 926143
  • Filer category, Emerging growth company3

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Xponential Fitness, Inc. (the “Company” or “XPO Inc.”) through its principal operating subsidiary, Xponential Fitness LLC (“XPO LLC”), and other subsidiaries, is one of the leading global franchisors of boutique health and wellness brands.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

6.3%Operating margin2
-12.3%Net margin2
-1.7%Revenue growth, 20252
$24.7MFree cash flow2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Franchise brought in 61% of the revenue Xponential Fitness, Inc. broke down this way in fiscal 2025.

  1. Franchise$192.6M261%up 10% from 2024
  2. Franchise Marketing Fund Revenue$36.5M212%up 7% from 2024
  3. Equipment Revenue$35.0M211%down 35% from 2024
  4. Service, Other$26.8M29%down 12% from 2024
  5. Merchandise Revenue$23.9M28%down 12% from 2024
Products and services by year
Products and services202320242025
Franchise$143.2M$174.5M$192.6M
Franchise Marketing Fund Revenue$27.3M$34.0M$36.5M
Equipment Revenue$56.5M$54.2M$35.0M
Service, Other$57.7M$30.5M$26.8M
Merchandise Revenue$33.3M$27.2M$23.9M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Selling, general and admin48¢$152.0M
  • Other costs36¢$112.4M
  • Interest16¢$49.2M
  • Income tax0¢$1.3M

Out of $314.9M in revenue.2 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending13¢$3.6M
  • Kept or used elsewhere87¢$24.7M

Out of $28.3M of cash from operations.2

Financial statements

Revenue56782$314.9M in 2025+144% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $129.1M$129.1M20192020: $106.6M$106.6M2020−17%2021: $155.1M$155.1M2021+45%2022: $243.2M$243.2M2022+57%2023: $317.9M$317.9M2023+31%2024: $320.3M$320.3M2024+1%2025: $314.9M$314.9M2025−2%
Operating income56782$19.8M in 2025
-$75.0M-$50.0M-$25.0M0$25.0M$50.0M2019: -$21.1M-$21.1M20192020: $7.8M$7.8M20202021: -$30.8M-$30.8M20212022: $13.3M$13.3M20222023: $34.9M$34.9M2023+162%2024: -$53.6M-$53.6M20242025: $19.8M$19.8M2025
Net income56782-$38.7M in 2025+4% since 2019
-$80.0M-$60.0M-$40.0M-$20.0M0$20.0M2019: -$37.1M-$37.1M20192020: -$13.6M-$13.6M2020−63%2021: -$18.8M-$18.8M2021+38%2022: $1.2M$1.2M20222023: -$4.0M-$4.0M20232024: -$67.7M-$67.7M2024+1591%2025: -$38.7M-$38.7M2025−43%

Every line of the income statement as filed: the last 3 fiscal years, latest first.2

Period ending2025-12-312024-12-312023-12-31
Total revenue, net$314.9M$320.3M$317.9M
Selling, general and administrative expenses (Note 9)$152.0M$176.9M$168.9M
Impairment of goodwill and other noncurrent assets$32.7M$62.6M$16.8M
Depreciation and amortization$12.0M$17.7M$16.9M
Marketing fund expense$40.5M$26.7M$22.7M
Acquisition and transaction (income) expense-$6.9M$8.9M-$18.5M
Total operating costs and expenses$295.0M$374.0M$283.0M
Operating income (loss)$19.8M-$53.6M$34.9M
Interest income-$3.2M-$1.8M-$1.6M
Other income-$1.1M$0$0
Interest expense$49.2M$46.2M$38.7M
Tax receivable agreement expense (benefit)-$11.0K$998.0K$3.2M
Loss on debt extinguishment$27.3M$0$0
Total other expense$72.2M$45.4M$40.3M
Loss before income taxes-$52.3M-$99.0M-$5.4M
Income taxes (benefit)$1.3M-$342.0K$1.0M
Net loss-$53.7M-$98.7M-$6.4M
Less: net loss attributable to noncontrolling interests-$15.0M-$31.0M-$2.4M
Net loss attributable to Xponential Fitness, Inc.-$38.7M-$67.7M-$4.0M
Basic-$1.47-$2.27$1.08
Diluted-$1.47-$2.27-$0.52
Basic34.8M shares32.0M shares31.7M shares
Diluted34.8M shares32.0M shares39.7M shares

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Leadership

Who has led Xponential Fitness, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Anthony Geisler2021–2024
  2. Mark James King2024–2025
  3. Michael Nuzzo2025–now

President

  1. Sarah Luna2021–2024
  2. John Warren Kawaja2025
  3. Danielle Porto Parra2026–now

Chief financial officer

  1. John P. Meloun2021–2026
  2. Robert K. Julian2026–now

Chief operating officer

  1. Ryan Junk2021–2023
  2. Timothy Paul Weiderhoft2025–now
2025
Board members and other officers (12)

Timeline

  1. Aug 11, 2025New chief executive Michael Nuzzo becomes CEO13
  2. Jun 21, 2024New chief executive Mark James King becomes CEO14
  3. Jul 22, 2021New chief executive Anthony Geisler becomes CEO15

Filings

381 filings to the SEC since October 2021: 6 annual reports, 16 quarterly reports, 72 major events, 175 insider forms, 47 large holders, 65 other. The latest 20:

  1. Oct 15, 20264 PRIMARY DOCUMENT EDGAR
  2. Oct 15, 20264 PRIMARY DOCUMENT EDGAR
  3. Oct 15, 20264 PRIMARY DOCUMENT EDGAR
  4. Oct 13, 20268-A12B EDGAR
  5. Oct 13, 20268-K EDGAR
  6. Oct 7, 2026SCHEDULE 13D/A EDGAR
  7. Sep 30, 2026SCHEDULE 13D/A EDGAR
  8. Sep 8, 20268-K EDGAR
  9. Aug 27, 20264 PRIMARY DOCUMENT EDGAR
  10. Aug 25, 2026SCHEDULE 13D EDGAR
  11. Aug 7, 202610-Q EDGAR
  12. Aug 6, 20268-K EDGAR
  13. Jul 30, 2026SCHEDULE 13G EDGAR
  14. Jul 6, 20264 PRIMARY DOCUMENT EDGAR
  15. Jul 6, 20264 PRIMARY DOCUMENT EDGAR
  16. Jul 6, 20264 PRIMARY DOCUMENT EDGAR
  17. Jul 6, 20264 PRIMARY DOCUMENT EDGAR
  18. Jul 1, 20264 PRIMARY DOCUMENT EDGAR
  19. Jul 1, 20264 PRIMARY DOCUMENT EDGAR
  20. Jul 1, 20264 PRIMARY DOCUMENT EDGAR

The 381 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

60 open-market trades by officers, directors and large owners since October 2021: 10 buys and 50 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 20, 2026Cocke Travis W.10% ownerBuy29,149$5.50$160.3KForm 4
May 19, 2026Cocke Travis W.10% ownerBuy170,856$4.70$803.8KForm 4
Aug 12, 2025HAASE BRUCE NDirectorBuy70,000$7.67$536.9KForm 4
Nov 21, 2024Grabowski MarkDirectorSale2,595,598$15.35$39.8MForm 4
Oct 10, 2024Hagopian AndrewChief Legal OfficerSale26,740$12.18$325.7KForm 4
Sep 13, 2024Luna SarahPresidentSale14,400$13.85$199.4KForm 4
Mar 6, 2024Luna SarahPresidentSale15,896$14.08$223.8KForm 4
Mar 6, 2024Meloun John PChief Financial OfficerSale17,310$14.08$243.7KForm 4
Mar 6, 2024Geisler AnthonyChief Executive OfficerSale32,125$14.08$452.3KForm 4
Feb 28, 2024Hagopian AndrewChief Legal OfficerSale2,405$9.66$23.2KForm 4
Feb 27, 2024Meloun John PChief Financial OfficerSale6,160$10.09$62.2KForm 4
Feb 27, 2024Luna SarahPresidentSale5,399$10.01$54.0KForm 4
Feb 27, 2024Geisler AnthonyChief Executive OfficerSale17,901$9.93$177.8KForm 4
Feb 27, 2024Hagopian AndrewChief Legal OfficerSale5,260$10.06$52.9KForm 4
Feb 15, 2024Luna SarahPresidentSale912$10.94$10.0KForm 4
Sep 6, 2023GRAYSON CHELSEA ADirectorBuy1,000$19.45$19.4KForm 4
Aug 23, 2023Junk RyanChief Operating OfficerSale585$21.49$12.6KForm 4
Aug 16, 2023Clarke JairDirectorBuy1,000$23.10$23.1KForm 4
Aug 16, 2023Hagopian AndrewChief Legal OfficerBuy4,200$23.15$97.2KForm 4
Aug 15, 2023Geisler AnthonyChief Executive OfficerBuy21,750$22.93$498.7KForm 4

All 60 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Voss Capital, LP6,795,956$47.0M2.4%+337,303
Shay Capital LLC2,694,483$18.6M2.1%+1,620,832
BlackRock, Inc.2,436,664$16.9M0.0%+650,964
D. E. Shaw & Co., Inc.1,954,304$13.5M0.0%+158,182
Fund 1 Investments, LLC1,808,068$12.5M2.2%New
Kanen Wealth Management LLC1,702,669$11.8M2.9%+856,747
MSD Partners, L.P.1,655,390$11.5M14.9%No change
Vanguard Capital Management LLC1,456,448$10.1M0.0%+291,076
Hudson Bay Capital Management LP1,250,000$8.7M0.0%No change
Grizzlyrock Capital, LLC1,171,622$8.1M5.7%+177,042
Geode Capital Management, LLC861,915$6.0M0.0%+207,777
Nomura Holdings Inc648,679$4.5M0.0%+97,711
State Street Corp631,446$4.4M0.0%+65,708
CenterBook Partners LP627,951$4.3M0.2%−288,691
K2 Principal Fund, L.P.537,923$3.7M0.9%−62,077
Solel Partners LP485,300$3.4M0.6%−759,700
Caspian Capital LP450,355$3.1M1.8%No change
Luxor Capital Group, LP431,725$3.0M0.3%−177,550
CastleKnight Management LP381,500$2.6M0.1%No change
Goldman Sachs Group Inc377,971$2.6M0.0%+112,871
Vanguard Portfolio Management LLC362,409$2.5M0.0%+88,925
Jpmorgan Chase & Co339,721$2.4M0.0%+3,790
Prescott Group Capital Management, L.L.C.339,501$2.3M0.2%−499
CIBC Bancorp USA Inc.326,970$2.3M0.0%+571
MUFG Securities EMEA plc300,000$2.1M0.0%No change

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

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