Overview

* Xponential Fitness Q3 2025 revenue falls 2% to $78.8 mln due to lower equipment and merchandise sales

* Adjusted net income for Q3 2025 was $19.3 mln, up from a loss last year

* Company opened 78 new studios in Q3 2025, reflecting expansion efforts

Outlook

* Company expects 2025 revenue between $300 mln and $310 mln, a 5% decrease at midpoint

* Xponential forecasts 2025 system-wide sales between $1.73 bln and $1.75 bln, up 12% at midpoint

* Company anticipates 2025 adjusted EBITDA between $106 mln and $111 mln, down 7% at midpoint

Result Drivers

* SYSTEM-WIDE SALES GROWTH - Co attributes 10% increase in system-wide sales to new studio openings and increased membership

* MEMBERSHIP INCREASE - Total members rose 7%, contributing to sales growth

* STUDIO EXPANSION - Opening of 78 new studios in Q3 2025 supported sales growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $51.88

Franchis mln

e

Revenue

Q3 Net -$6.75

Income mln

Q3 $3.57

Operatin mln

g Income

Q3 -$6.48

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the leisure & recreation peer group is "buy"

* Wall Street's median 12-month price target for Xponential Fitness Inc ( XPOF ) is $11.00, about 40.5% above its November 5 closing price of $6.55

* The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)