Filing Flows › Xponential Fitness (XPOF) › Q2 2026
Xponential Fitness (XPOF) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Xponential Fitness (XPOF) reported revenue of $66.0M for the second quarter 2026 (Q2 2026), -13% from a year earlier and +9% from the quarter before. Operating margin was 14.4%, net loss $4.8M (7.3% of revenue).
Xponential Fitness, Q2 2026: revenue $66.0M (-13% year over year), operating margin 14.4%, net loss $4.8M, operating cash flow −$4.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $66.0M | +9% | -13% |
| Operating profit | $9.5M | -27% | -36% |
| Net earnings | −$4.8M | — | -599% |
| Operating cash flow | −$4.0M | — | -260% |
What changed
Revenue was $66.0M in Q2 2026, down 13% year over year and up 9% from the previous quarter. Franchise was the largest line at 67% of revenue. Merchandise Revenue lost $5.1M year over year (down 90%), 50% of the total change.
Operating profit was $9.5M, a 14.4% margin (down 5.0 points year over year). Total costs fell 8% while revenue fell 13%. The fastest-growing cost line was SG&A (+33%). The quarter ended with a net loss of $4.8M, wider than the previous quarter's $820K loss. Minority interests bore $694K of it: to shareholders the quarter was a loss of $4.1M. Net interest and other expense of $14.3M was the main reason.
Operating cash flow was −$4.0M. Non-cash charges added back $1.8M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items used $2.7M. Capital expenditures of $272K exceeded it, leaving free cash flow of −$4.3M.
Questions
What was Xponential Fitness' revenue in the second quarter 2026?
Xponential Fitness (XPOF) reported revenue of $66.0M for the second quarter 2026 (Q2 2026), -13% from a year earlier and +9% from the quarter before.
Was Xponential Fitness profitable in the second quarter 2026?
Operating profit was $9.5M (14.4% of revenue) and net loss $4.8M.
Source: Xponential Fitness 10-Q on SEC EDGAR.