• Reported GAAP EPS of -$1.17 up 13.97% YoY • Reported revenue of $82.96M down -0.31% YoY • Xponential Fitness is initiating full year 2026 outlook with projected revenue of $260M to $270M, a decrease of 16%, and Adjusted EBITDA of $100M to $110M, a 6% decrease at the midpoint.
Bullish
Xponential Fitness achieved Q4 system-wide sales growth of 5% to $446.7M and opened 341 new studios in 2025. The company also generated $28.3M in net cash from operating activities.
Bearish
Xponential Fitness faces significant regulatory costs from FTC and franchisee settlements, alongside a 4% decrease in Q4 North America same store sales, and a projected 16% revenue decline for full year 2026.