Overview

* Xponential Fitness ( XPOF ) Q2 revenue falls 1% to $76.2 mln, impacted by lower equipment sales

* Adjusted EBITDA rises 14% to $28.1 mln, indicating improved operational efficiency

* Net income of $1.3 mln vs. a net loss of $14.3 mln in prior year

Outlook

* Company expects 2025 revenue between $300 mln and $310 mln

* Xponential forecasts 2025 Adjusted EBITDA of $106 mln to $111 mln

* Company projects 2025 system-wide sales of $1.78 bln to $1.8 bln

* Xponential anticipates 170 to 190 net new studio openings in 2025

Result Drivers

* SYSTEM-WIDE SALES - Increased by 12% to $473.5 mln, driven by new studio openings and higher membership

* MEMBERSHIP GROWTH - Total members rose 8% year-over-year, contributing to revenue from franchise operations

* NEW STUDIOS - Opened 86 gross new studios in Q2 2025, supporting system-wide sales growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $45.35

Franchis mln

e

Revenue

Q2 Net $1.35

Income mln

Q2 $14.82

Operatin mln

g Income

Q2 $1.66

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", 4 "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 $13.00, about 20.6% above its August 6 closing price of $10.32

* The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release:

(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.)