Filing Flows › Xponential Fitness (XPOF) › Q3 2026 › vs Q2 2026
Xponential Fitness (XPOF) Q3 2026 vs Q2 2026 (quarter over quarter)
Xponential Fitness's revenue fell $3.7M (-6%) from $66.0M in Q2 2026 to $62.3M in Q3 2026. Operating margin 31.4% against 14.4% (+17.0 pts).
Xponential Fitness, Q3 2026: revenue $62.3M (-21% year over year), operating margin 31.4%, net earnings $4.2M, operating cash flow $4.6M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 31.4% | 14.4% | +17.0 pts |
| Net margin | 6.8% | -6.3% | +13.0 pts |
| Free cash flow margin | 6.6% | -6.5% | +13.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $62.3M | $66.0M | −$3.7M | -6% |
| Operating profit | $19.5M | $9.5M | $10.0M | +105% |
| Costs & expenses | $42.7M | $56.5M | −$13.7M | -24% |
| Pre-tax earnings | $5.0M | −$4.8M | $9.8M | — |
| Other expense, net | $14.5M | $14.3M | $231K | +2% |
| SG&A | $28.2M | $32.0M | −$3.8M | -12% |
| Other operating costs | $14.5M | $24.4M | −$9.9M | -41% |
| Net earnings | $4.2M | −$4.1M | $8.3M | — |
| Minority interests | $699K | −$694K | $1.4M | — |
| Income tax | $123K | $65K | $58K | +89% |
| Depreciation & amortization | $1.3M | $1.8M | −$436K | -25% |
| Share-based compensation | $2.0M | $1.7M | $330K | +19% |
| Working capital & other | $2.9M | $3.4M | −$424K | -13% |
| Operating cash flow | $4.6M | −$4.0M | $8.7M | — |
| Free cash flow (OCF − capex) | $4.1M | −$4.3M | $8.4M | — |
| Capital expenditures | $546K | $272K | $274K | +101% |
Questions
How much did Xponential Fitness's revenue grow quarter over quarter in Q3 2026?
Xponential Fitness's revenue fell $3.7M (-6%) from $66.0M in Q2 2026 to $62.3M in Q3 2026. Operating margin 31.4% against 14.4% (+17.0 pts).