Quarterly ResultMay 7, 2026, 04:33 PM
Xponential Fitness Q1 Revenue $60.7M, Net Loss Narrows to $0.8M
AI Summary
Xponential Fitness reported Q1 2026 financial results, with revenue decreasing 21% to $60.7 million and Adjusted EBITDA falling 25% to $20.4 million. Despite these declines, the company narrowed its net loss to $0.8 million from $2.7 million in the prior year. North America system-wide sales increased 2% to $436.9 million, while same-store sales decreased 6%. The company also announced new executive appointments and reiterated its full-year 2026 outlook.
Key Highlights
- Q1 2026 Revenue decreased 21% year-over-year to $60.7 million.
- Q1 2026 Net loss narrowed to $0.8 million, or $0.02 per share, from $2.7 million YoY.
- Q1 2026 Adjusted EBITDA decreased 25% to $20.4 million.
- North America system-wide sales increased 2% year-over-year to $436.9 million.
- North America same store sales decreased 6% in Q1 2026.
- Opened 66 gross new studios and sold 28 franchise licenses in Q1 2026.
- Reiterated full year 2026 outlook: Revenue $260M-$270M, Adjusted EBITDA $100M-$110M.
- Appointed Robert Julian as interim CFO, Erik Quade as CIO, and Steph So as new CMO.