Xponential Fitness (XPOF) Accumulated Expenses (2020 - 2026)
Xponential Fitness (XPOF) reported Accumulated Expenses of $31.13 million for Q2 2026, down 28.4% from $43.44 million a year earlier and down 25.6% from the prior quarter.
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Analysis
Xponential Fitness (XPOF) Accumulated Expenses (2020 - 2026) Analysis & Trends
At the end of FY2025, Xponential Fitness posted Accumulated Expenses of $51.2 million, up 63.5% from FY2024.
- Accumulated Expenses has increased for three consecutive years, with a five-year compound annual growth rate of 30.0% (FY2020 to FY2025).
- By year, Accumulated Expenses came in at $31.32 million in FY2024 (+57.6%), $19.88 million in FY2023 (+61.7%), $12.3 million in FY2022 (-41.6%) and $21.05 million in FY2021 (+52.9%).
- The Q2 2026 figure ranks as the lowest quarterly Accumulated Expenses since Q3 2024.
- Year over year, Accumulated Expenses gained in six of the last eight quarters, with growth averaging 83.2%.
- The high point for year-over-year Accumulated Expenses in five years was Q1 2025 (growth of 266.0%); the low point was Q4 2022 (a decline of 41.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $41.83 million (Q1 2026), $51.2 million (Q4 2025) and $33.33 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Wynn Resorts | 44.86 Bn | 38.23 Bn | 655.12 Mn |
| 2 | Vail Resorts | 28.33 Bn | 27.04 Bn | - |
| 3 | Las Vegas Sands | 25.59 Bn | 12.41 Bn | 1.47 Bn |
| 4 | DraftKings | 17.25 Bn | 13.04 Bn | 429.05 Mn |
| 5 | Flutter Entertainment | 14.34 Bn | 7.97 Bn | 1.52 Bn |
| 6 | Life Time Group Holdings | 10.65 Bn | 9.82 Bn | 419.01 Mn |
| 7 | MGM Resorts International | 8.32 Bn | -116.89 Mn | 1.73 Bn |
| 8 | MSG Knickerbockers | 7.63 Bn | 7.24 Bn | 36.67 Mn |
| 9 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn |
| 10 | Xponential Fitness | 193.89 Mn | 20.84 Mn | 54.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.03 Mn |
| Jun 30, 2026 | 31.13 Mn |
| Mar 31, 2026 | 41.83 Mn |
| Dec 31, 2025 | 51.20 Mn |
| Sep 30, 2025 | 33.33 Mn |
| Jun 30, 2025 | 43.44 Mn |
| Mar 31, 2025 | 46.60 Mn |
| Dec 31, 2024 | 31.32 Mn |
| Sep 30, 2024 | 21.47 Mn |
| Jun 30, 2024 | 14.41 Mn |
| Mar 31, 2024 | 12.73 Mn |
| Dec 31, 2023 | 19.88 Mn |
| Sep 30, 2023 | 13.39 Mn |
| Jun 30, 2023 | 15.13 Mn |
| Mar 31, 2023 | 14.33 Mn |
| Dec 31, 2022 | 12.30 Mn |
| Sep 30, 2022 | 18.82 Mn |
| Jun 30, 2022 | 16.72 Mn |
| Mar 31, 2022 | 15.82 Mn |
| Dec 31, 2021 | 21.05 Mn |
API Access
Xponential Fitness Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=XPOF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "XPOF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=XPOF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();