Company Analysis

Xponential Fitness, Inc. (XPOF)

NYSE: XPOF · Services-Miscellaneous Amusement & Recreation · Irvine, CA · filing with the SEC since 2020
Grade3.0
◀ Past 3.9● Present 2.8▶ Future 2.3

The grade of Xponential Fitness, Inc.

Nine metrics read from its own filings, by tense
Headline grade
3.0/10
◀ Past3.930% of the headline
● Present2.840% of the headline
▶ Future2.330% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

3.9/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
1.8/10

Has it survived what it has been through?

1 warning event since 2020; the latest 2025-03-13.

weight 33% of this tense · 18th percentile among 22 sector filers · read for itself

From the record

Xponential Fitness, Inc.'s filings since 2020 show 1 warning event: a warning not to rely on past financial statements (8-K item 4.02, the latest 2025-03-13) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.2/10

What has it actually done, year after year?

+16% a year over 7 filed years; profitable in 1 of 7.

weight 45% of this tense · 42nd percentile among 20 sector filers · read for its customers

From the record

Xponential Fitness, Inc.'s 7 filed years say what it did: revenue went from $129 million in fiscal 2019 to $315 million in fiscal 2025, up 16% a year; it rose in 4 of 6 years; the deepest fall was 17% from fiscal 2019 to fiscal 2020; net income was positive in 1 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span16.0%top 32% of its family
  • the share of years revenue rosebottom 45% of its family
  • the share of filed years with a profitbottom 18% of its family
  • the deepest fall from a revenue peak17.5%bottom 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.3/10

How has it treated the people who own it?

Share count grew 11.2% a year. 69% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 63rd percentile among 14 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Xponential Fitness, Inc.'s diluted share count grew about 11.2% a year, and dividends and buybacks returned about 69% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-11-12 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 42% of its family
  • cash returned against operating cash flowtop 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

2.8/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
2.5/10

Is it financially healthy right now?

Leverage 208%: owes 208¢ per asset dollar.

weight 33% of this tense · 25th percentile among 19 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Xponential Fitness, Inc.'s shareholders' equity was below zero, so the profit on it is not read. Leverage: it owed about 208 cents per dollar of assets, and net share issuance: its share count grew 8.8% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 2% of its family
  • the share count against the year beforebottom 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.7/10

How strong is its position in its industry?

bottom 37% of 20 in its family; net margin -12.3%.

weight 45% of this tense · 37th percentile among 20 sector filers · read for its customers

From the record

Xponential Fitness, Inc.'s standing among 20 graded names in its industry family: revenue of $315 million in fiscal 2025 ranks in the bottom 26% by size; a net margin of -12.3% ranks in the bottom 38%; revenue growth of 9% a year over the last 3 filed years ranks in the bottom 48% (its annual reports).

What it rests on

  • revenue against the family$315Mbottom 26% of its family
  • net margin-12.3%bottom 38% of its family
  • three-year revenue growth9.0%bottom 48% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
1.6/10

What are the people in charge doing?

bottom 16% of 9 in its family for leadership; chief executive since 2025.

weight 22% of this tense · 16th percentile among 9 sector filers · read for its shareholders

From the record

Xponential Fitness, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Nuzzo, Michael (Chief Executive Officer, as filed), filing under that title since 2025-08-11, 1.3 years (bottom 39% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 1.3 years (bottom 6%); 22 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (bottom 4%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge22 in three years among 13 peoplebottom 4% of its family
  • the median years the people in charge have filed1.3 yearsbottom 6% of its family
  • the chief executive's years on the record1.3 yearsbottom 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

2.3/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
2.1/10

How much room does it have to grow?

bottom 21% of 20 in its family for room to expand.

weight 22% of this tense · 21st percentile among 20 sector filers · read for itself

From the record

Xponential Fitness, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $46 million against debt of $501 million leaves -131.5% of its assets as net cash, bottom 2% of its family; cash from operations less capital spending is 7.9% of revenue (bottom 39%) (its annual report).

What it rests on

  • cash less debt against assets-131.5%bottom 2% of its family
  • cash from operations less capital spending against revenue7.9%bottom 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
2.5/10

What could actually drive growth from here?

bottom 25% of 20 in its family for growth drivers.

weight 45% of this tense · 25th percentile among 20 sector filers · read for its customers

From the record

Xponential Fitness, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 9% a year over the last three filed years against 16% over all 7, slowing (bottom 33% of its family); the newest year grew -1.7% (bottom 23%); capital spending grew -26.3% a year (bottom 19%) (its annual reports). Xponential Fitness, Inc. reported 5 product lines in fiscal 2025: Franchise at $193 million (61%), Franchise Marketing Fund Revenue at $36 million (12%), Equipment Revenue at $35 million (11%), and 2 more; 2 of 5 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-7.0 points a yearbottom 33% of its family
  • the newest year's revenue growth-1.7%bottom 23% of its family
  • three-year growth of capital spending-26.3%bottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
2.3/10

Did its newest year beat what its own record pointed to?

bottom 23% of 18 in its family for expectations against reality.

weight 33% of this tense · 23rd percentile among 18 sector filers · read for its shareholders

From the record

Xponential Fitness, Inc.'s newest year against its own record: revenue of $315 million in fiscal 2025 came in 14.3% below the $368 million its prior three years' pace pointed to (bottom 14% of its family); net income of $39 million against a prior three-year average of $23 million (bottom 31%); a net margin of -12.3% against -7.3% before (bottom 25%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-14.3%bottom 14% of its family
  • net income against the prior three years' average-65%bottom 31% of its family
  • net margin against its prior average-5.0 pointsbottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton XPOF · research, not advice