Xponential Fitness, Inc.
Xponential Fitness, Inc. (NYSE: XPO) operates as one of the leading global franchisors of boutique health and wellness brands through its principal operating subsidiary, Xponential Fitness LLC. The company's website is located at www.xponentialfitness.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Xponential Fitness, Inc. does
In the company’s own words
Xponential Fitness, Inc. (NYSE: XPO) operates as one of the leading global franchisors of boutique health and wellness brands through its principal operating subsidiary, Xponential Fitness LLC. The company's website is located at www.xponentialfitness.com.
The company operates a diversified platform of five brands spanning complementary fitness verticals including Pilates, barre, stretching, functional training, and yoga. Club Pilates, acquired in 2017, is the largest Pilates brand in the United States with Reformer-based programming. Pure Barre, acquired in 2018, represents the largest barre brand and offers low-impact full-body workouts. StretchLab, acquired in 2017, provides one-on-one and group assisted stretching services. YogaSix, acquired in 2018, is the largest franchised yoga brand in the United States. BFT, acquired in 2021, offers community-based functional training and strength conditioning classes.
As of December 31, 2025, Xponential Fitness operated 2,606 studios across the North America Region and 491 studios internationally across 16 countries. The company had sold 5,371 franchise licenses cumulatively since inception, with franchisees contractually obligated to open an additional 832 studios in North America and 767 studios internationally. The member base totaled approximately 774,000 members, of which approximately 704,000 were actively paying members on recurring membership packages. The company generated approximately 59.2 million in-studio and live stream visits during 2025.
Xponential Fitness operates an asset-light franchise model generating multiple recurring revenue streams including initial franchise fees, monthly royalty fees based on gross sales, technology fees, merchandise sales, marketing fees, and instructor training revenues. Approximately 78 percent of revenue in 2025 was recurring. The company employs approximately 340 employees at its corporate headquarters and maintains one company-owned transition studio.
The company's competitive strengths include its diversified multi-brand portfolio, market-leading positions within individual verticals, significant nationwide scale, passionate consumer base, and the Xponential Playbook operational framework designed to support franchisee success and studio profitability. The weighted average initial franchisee investment was approximately $554,000 in 2025, reflecting the small-box studio format typically ranging from 1,500 to 2,500 square feet.
Company details
- Sector
- Consumer Discretionary
- Industry
- Services
- Headquarters
- IRVINE, CA
- Fiscal year end
- December
- CIK
- 1802156
- SIC
- 7990
Financial performance, year by year
Fiscal 2021–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Xponential Fitness, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Xponential Fitness, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do Xponential Fitness, Inc. and its peers compare on margins and cash generation over ten years?”
- “Where did five years of Xponential Fitness, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in Xponential Fitness, Inc.'s last four quarterly filings that the numbers alone won't show?”
