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.
Analysis
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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 15.81 Bn | 15.09 Bn | 1.07 Bn | -909.20 Mn |
| 2 | Hasbro | 13.20 Bn | 11.83 Bn | 867.20 Mn | 887.10 Mn |
| 3 | Life Time Group Holdings | 9.56 Bn | 9.34 Bn | 412.26 Mn | 716.29 Mn |
| 4 | Acushnet Holdings | 5.11 Bn | 5.04 Bn | 445.83 Mn | 267.00 Mn |
| 5 | Mattel | 4.21 Bn | 3.69 Bn | 542.12 Mn | - |
| 6 | Planet Fitness | 3.95 Bn | 3.55 Bn | 300.73 Mn | 241.41 Mn |
| 7 | YETI Holdings | 3.08 Bn | 3.02 Bn | 322.52 Mn | 229.01 Mn |
| 8 | Callaway Golf | 2.80 Bn | 2.52 Bn | 306.70 Mn | 191.90 Mn |
| 9 | Peloton Interactive | 2.27 Bn | 1.07 Bn | 344.40 Mn | 263.20 Mn |
| 10 | Xponential Fitness | 211.00 Mn | 186.01 Mn | 54.53 Mn | 56.45 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.45 Mn |
| Mar 31, 2026 | 47.67 Mn |
| Dec 31, 2025 | 91.18 Mn |
| Sep 30, 2025 | 75.26 Mn |
| Jun 30, 2025 | 61.39 Mn |
| Mar 31, 2025 | 67.20 Mn |
| Dec 31, 2024 | 135.13 Mn |
| Sep 30, 2024 | 87.14 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 |