Xponential Fitness (XPOF) Operating Expenses (2020 - 2026)
Xponential Fitness' (XPOF) quarterly Operating Expenses came in at $5.3 million in Q1 2026, down 92.13% YoY from $67.2 million in Q1 2025, and up 103.36% on a QoQ basis from -$157.6 million in Q4 2025.
Xponential Fitness (XPOF) Operating Expenses (2020 - 2026) Analysis & Trends
Xponential Fitness (XPOF) has 7 years of Operating Expenses data on file, last reported at $5.3 million in Q1 2026.
- Quarterly Operating Expenses fell 92.13% year-over-year to $5.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$15.6 million (down 102.69% YoY) and the FY2025 annual result came in at $46.3 million, down 87.62% from the prior year.
- Operating Expenses grew to $5.3 million in Q1 2026, from -$157.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $347.8 million in Q4 2024 to a low of -$157.6 million in Q4 2025.
- A 5-year average of $51.1 million and a median of $67.2 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses sank 299.3% — and 2025, when it jumped 643.32%.
- Tracing XPOF's Operating Expenses over 5 years: stood at -$152.0 million in 2022, then surged by 160.04% to $91.3 million in 2023, then jumped by 280.96% to $347.8 million in 2024, then plunged by 145.31% to -$157.6 million in 2025, then soared by 103.36% to $5.3 million in 2026.
- The last three Operating Expenses figures came in at $5.3 million (Q1 2026), -$157.6 million (Q4 2025), and $75.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 18.61 Bn | 17.92 Bn | 1.17 Bn | -856.20 Mn |
| 2 | Hasbro | 13.64 Bn | 12.26 Bn | 867.20 Mn | 887.10 Mn |
| 3 | Life Time Group Holdings | 9.88 Bn | 9.65 Bn | 412.26 Mn | 716.29 Mn |
| 4 | Acushnet Holdings | 5.40 Bn | 5.33 Bn | 445.83 Mn | 267.00 Mn |
| 5 | Mattel | 4.25 Bn | 3.73 Bn | 542.12 Mn | - |
| 6 | Planet Fitness | 3.74 Bn | 3.34 Bn | 300.73 Mn | 241.41 Mn |
| 7 | YETI Holdings | 3.58 Bn | 3.52 Bn | 322.52 Mn | 229.01 Mn |
| 8 | Callaway Golf | 3.01 Bn | 2.73 Bn | 306.70 Mn | 191.90 Mn |
| 9 | Onespaworld Holdings | 2.75 Bn | 2.70 Bn | 84.35 Mn | 236.74 Mn |
| 10 | Xponential Fitness | 207.84 Mn | 182.86 Mn | 54.53 Mn | 56.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 56.45 Mn |
| Mar 31, 2026 | 5.29 Mn |
| Dec 31, 2025 | -157.57 Mn |
| Sep 30, 2025 | 75.26 Mn |
| Jun 30, 2025 | 61.39 Mn |
| Mar 31, 2025 | 67.20 Mn |
| Dec 31, 2024 | 347.77 Mn |
| Sep 30, 2024 | 87.14 Mn |
| Jun 30, 2024 | 79.99 Mn |
| Mar 31, 2024 | 9.04 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 | -152.05 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 |