Xponential Fitness reports Q3 2026 results and continues strategic alternatives review

Xponential Fitness announced third‑quarter 2026 revenue of $62.3 million, down from $78.8 million a year earlier. Net income turned positive at $4.9 million, while adjusted EBITDA fell to $24.3 million. The board reiterated a review of strategic alternatives, which could include a sale or merger, and kept its full‑year 2026 outlook of roughly $250 million in revenue, implying about a 19% decline.

The sharp revenue decline and modest profit highlight ongoing operational challenges, while the strategic alternatives review signals potential corporate restructuring that could affect shareholder value. The full‑year outlook confirms a continued revenue contraction, informing investors about future earnings expectations.

  • 1Quarterly revenue was $62.3 million, down from $78.8 million in Q3 2025.
  • 2Net income totaled $4.9 million.
  • 3Adjusted EBITDA was $24.3 million, down from $33.5 million in the prior year.
  • 4The Board continues a review of strategic alternatives, potentially including a sale or merger.
  • 5Full‑year 2026 revenue is expected in the range of $250.0 million, representing a 19% decline at the midpoint.
  • 6Cash and cash equivalents were approximately $27.2 million; total long‑term debt was $521.1 million.
  • Net income per‑share figure differs: $0.10 per share versus $0.18 per share.

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