Xponential Fitness Generates $60M in Q2 Revenue

August 14, 2022

Xponential Fitness – the largest boutique fitness franchiser in the U.S. with 2,357 studios – generated $59.6 million in revenue in Q2 — a 66% increase year-over-year. Net income reached $31.5 million in Q2, compared to a net loss of $8 million. The company sold 251 franchise licenses and opened 128 new studios in Q2. As of June 30, it had $29.3 million of cash, cash equivalents, and restricted cash. The company reported $131.7 million in total long-term debt. FOS