Filing Flows › Xponential Fitness (XPOF) › Q1 2025
Xponential Fitness (XPOF) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Xponential Fitness (XPOF) reported revenue of $76.9M for the first quarter 2025 (Q1 2025), -4% from a year earlier and -8% from the quarter before. Operating margin was 12.6%, net loss $2.7M (3.5% of revenue).
Xponential Fitness, Q1 2025: revenue $76.9M (-4% year over year), operating margin 12.6%, net loss $2.7M, operating cash flow $5.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $76.9M | -8% | -4% |
| Operating profit | $9.7M | — | — |
| Net earnings | −$2.7M | — | — |
| Operating cash flow | $5.8M | +650% | +117% |
| Free cash flow | $5.4M | +510% | +193% |
What changed
Revenue was $76.9M in Q1 2025, down 4% year over year and down 8% from the previous quarter. Franchise was the largest line at 57% of revenue. Equipment Revenue lost $2.8M year over year (down 20%), 100% of the total change.
Operating profit was $9.7M, a 12.6% margin (up 2.6 points year over year). Total costs fell 6% while revenue fell 4%. The fastest-growing cost line was SG&A (+24%). The quarter ended with a net loss of $2.7M, narrower than the previous quarter's $62.5M loss. Minority interests bore $736K of it: to shareholders the quarter was a loss of $1.9M. Net interest and other expense of $11.9M was the main reason.
Operating cash flow was $5.8M (up 117% year over year). Non-cash charges added back $3.0M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items added $2.2M. Capital expenditures of $465K left free cash flow of $5.4M.
Questions
What was Xponential Fitness' revenue in the first quarter 2025?
Xponential Fitness (XPOF) reported revenue of $76.9M for the first quarter 2025 (Q1 2025), -4% from a year earlier and -8% from the quarter before.
Was Xponential Fitness profitable in the first quarter 2025?
Operating profit was $9.7M (12.6% of revenue) and net loss $2.7M.
Source: Xponential Fitness 10-Q on SEC EDGAR.