Xponential Fitness (XPOF) Operating Expenses (2020 - 2026)
Xponential Fitness (XPOF) recorded quarterly Operating Expenses of $5.3 million in Q1 2026, up 103.36% on a QoQ basis from -$157.6 million in Q4 2025, and down 12.55% year-over-year from $6.0 million in Q1 2025.
Xponential Fitness (XPOF) Operating Expenses (2020 - 2026) Analysis & Trends
Xponential Fitness has disclosed Operating Expenses across 7 years of filings, most recently posting $5.3 million for Q1 2026.
- Quarterly Operating Expenses fell 12.55% year-over-year to $5.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$86.9 million (down 137.64% YoY) and the FY2025 annual result came in at $46.3 million, down 87.62% from the prior year.
- Operating Expenses improved to $5.3 million in Q1 2026, from -$157.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $135.1 million in Q4 2024 and troughed at -$157.6 million in Q4 2025.
- A 5-year average of $42.9 million and a median of $65.1 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 122.41% — and 2025, when it tumbled 216.6%.
- Tracing XPOF's Operating Expenses over 5 years: stood at $67.1 million in 2022, then soared by 36.0% to $91.3 million in 2023, then jumped by 48.03% to $135.1 million in 2024, then slumped by 216.6% to -$157.6 million in 2025, then surged by 103.36% to $5.3 million in 2026.
- Business Quant data shows XPOF's Operating Expenses at $5.3 million in Q1 2026, -$157.6 million in Q4 2025, and $4.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 19,630,355.93 Bn | 19,630,355.28 Bn | 1.17 Bn | -856.20 Mn |
| 2 | Hasbro | 11.86 Bn | 10.53 Bn | 764.10 Mn | 729.90 Mn |
| 3 | Life Time Group Holdings | 7.22 Bn | 7.10 Bn | 382.00 Mn | 653.86 Mn |
| 4 | Acushnet Holdings | 5.62 Bn | 5.57 Bn | 355.26 Mn | 232.87 Mn |
| 5 | Mattel | 4.31 Bn | 3.44 Bn | 386.78 Mn | - |
| 6 | Planet Fitness | 4.05 Bn | 3.58 Bn | 291.90 Mn | 88.19 Mn |
| 7 | YETI Holdings | 3.97 Bn | 3.79 Bn | 340.87 Mn | 265.36 Mn |
| 8 | Callaway Golf | 2.93 Bn | 2.43 Bn | 326.70 Mn | 188.50 Mn |
| 9 | Onespaworld Holdings | 2.44 Bn | 2.43 Bn | 209.81 Mn | 224.76 Mn |
| 10 | Xponential Fitness | 214.57 Mn | 137.45 Mn | 49.04 Mn | 5.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.29 Mn |
| Dec 31, 2025 | -157.57 Mn |
| Sep 30, 2025 | 4.00 Mn |
| Jun 30, 2025 | 61.39 Mn |
| Mar 31, 2025 | 6.05 Mn |
| Dec 31, 2024 | 135.13 Mn |
| Sep 30, 2024 | 9.69 Mn |
| Jun 30, 2024 | 79.99 Mn |
| Mar 31, 2024 | 71.70 Mn |
| Dec 31, 2023 | 91.29 Mn |
| Sep 30, 2023 | 72.96 Mn |
| Jun 30, 2023 | 40.89 Mn |
| Mar 31, 2023 | 77.90 Mn |
| Dec 31, 2022 | 67.13 Mn |
| Sep 30, 2022 | 74.20 Mn |
| Jun 30, 2022 | 23.42 Mn |
| Mar 31, 2022 | 65.14 Mn |
| Dec 31, 2021 | 76.29 Mn |
| Sep 30, 2021 | 44.16 Mn |
| Jun 30, 2021 | 36.17 Mn |