Boutique fitness franchisor Xponential Q3 revenue falls on  lower equipment, merchandise sales

Xponential Fitness

06/11/2025 22:04

Overview

Xponential Fitness Q3 2025 revenue falls 2% to $78.8 mln  due to lower equipment and merchandise sales

Adjusted net income for Q3 2025 was $19.3 mln, up from a loss last year

Company opened 78 new studios in Q3 2025, reflecting expansion efforts

Outlook

Company expects 2025 revenue between $300 mln and $310 mln, a 5% decrease at midpoint

Xponential forecasts 2025 system-wide sales between $1.73 bln and $1.75 bln, up 12% at midpoint

Company anticipates 2025 adjusted EBITDA between $106 mln and $111 mln, down 7% at midpoint

Result Drivers

SYSTEM-WIDE SALES GROWTH - Co attributes 10% increase in system-wide sales to new studio openings and increased membership

MEMBERSHIP INCREASE - Total members rose 7%, contributing to sales growth

STUDIO EXPANSION - Opening of 78 new studios in Q3 2025 supported sales growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Franchise Revenue
$51.88 mln
Q3 Net Income
-$6.75 mln
Q3 Operating Income
$3.57 mln
Q3 Pretax Profit
-$6.48 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the leisure & recreation peer group is "buy"

Wall Street's median 12-month price target for Xponential Fitness Inc is $11.00, about 40.5% above its November 5 closing price of $6.55

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nBw9rbCfTa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)