Franchise Revenue was Xponential Fitness’s largest product and service line in fiscal 2023, bringing in $143.25M of $317.94M (45%).
| Product and Service | FY 2019 | FY 2021 | FY 2023 |
|---|---|---|---|
| Franchise Revenue | $74.46M | $143.25M | |
| Equipment Revenue | $22.58M | $56.45M | |
| Other Service Revenue | $24.27M | $57.67M | |
| Merchandise Revenue | $20.14M | $33.28M | |
| Franchise Marketing Fund Revenue | $13.62M | $27.29M | |
| Total | $155.08M | $317.94M |
Xponential Fitness brought in $317.94M from its five product and service lines in fiscal 2023, the year ended December 31, 2023. That was up 105.0% from $155.08M in fiscal 2021, the previous year with figures. Franchise Revenue was the largest at $143.25M (45.1%), ahead of Other Service Revenue at $57.67M (18.1%) and Equipment Revenue at $56.45M (17.8%). The other two lines brought in $60.57M combined.
Compared with fiscal 2021, the previous year with figures, Equipment Revenue grew fastest, up 150.0% to $56.45M. Every line above 2% of revenue grew. From fiscal 2021 to 2023, combined revenue from these lines grew from $155.08M to $317.94M, a compound annual growth rate of 43.2%. Franchise Revenue's share of the total fell from 48.0% to 45.1%.
Xponential Fitness (XPOF) reports its revenue by product and service. In fiscal 2023, Franchise Revenue was its largest product and service line, bringing in $143.25M (45.1% of the total), followed by Other Service Revenue at $57.67M (18.1%).
Franchise Revenue was Xponential Fitness' largest product and service line in fiscal 2023, bringing in $143.25M, or 45.1% of the $317.94M total across its five product and service lines.
Every figure comes from Xponential Fitness' annual financial filings, as reported. Each line keeps the name Xponential Fitness gives it, and years follow its fiscal calendar.
Xponential Fitness' revenue by product and service goes back to fiscal 2019, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.