Filing Flows › Xponential Fitness (XPOF) › Q2 2025
Xponential Fitness (XPOF) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Xponential Fitness (XPOF) reported revenue of $76.2M for the second quarter 2025 (Q2 2025), -0.9% from a year earlier and -0.9% from the quarter before. Operating margin was 19.5%, net earnings $969K (1.3% of revenue).
Xponential Fitness, Q2 2025: revenue $76.2M (-0.9% year over year), operating margin 19.5%, net earnings $969K, operating cash flow $2.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $76.2M | -0.9% | -0.9% |
| Operating profit | $14.8M | +53% | — |
| Net earnings | $969K | — | — |
| Operating cash flow | $2.5M | -57% | -16% |
| Free cash flow | $996K | -81% | +14% |
What changed
Revenue was $76.2M in Q2 2025, down 1% year over year and down 1% from the previous quarter. Franchise was the largest line at 60% of revenue. Equipment Revenue lost $3.4M year over year (down 26%), 492% of the total change.
Operating profit was $14.8M, a 19.5% margin (up 23.5 points year over year). Total costs fell 23% while revenue fell 1%. Net earnings were $1.0M. The effective tax rate was 18.8%.
Operating cash flow was $2.5M (down 16% year over year), 187% of net income including minority interests. Non-cash charges added back $3.0M of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items used $4.5M. Capital expenditures of $1.5M left free cash flow of $1.0M.
Questions
What was Xponential Fitness' revenue in the second quarter 2025?
Xponential Fitness (XPOF) reported revenue of $76.2M for the second quarter 2025 (Q2 2025), -0.9% from a year earlier and -0.9% from the quarter before.
Was Xponential Fitness profitable in the second quarter 2025?
Operating profit was $14.8M (19.5% of revenue) and net earnings $969K.
Source: Xponential Fitness 10-Q on SEC EDGAR.