XWELL reports FY 2025 revenue of $29.2M, net loss $17.0M; $31.3M private placement in Feb 2026

XWELL, Inc.

Revenue $29.2M: XpresSpa $18.6M, XpresCheck $8.3M, Naples Wax Center $2.3M.
Operating loss $15.7M vs $16.7M prior year; net loss attributable to XWELL $17.0M vs $16.9M.
Cost of sales down 13% YoY; G&A down 20%; total operating expenses down 10%.
Opened new wellness location at NYC Penn Station in Dec 2025; expanded in Florida.
Feb 2026 private placement raised ~$31.3M; funds to repurchase notes and redeem Series G Preferred.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

XWELL, Inc. reported fiscal year ended December 31, 2025 results: revenue $29.2 million, net income $17.0 million.

Period: fiscal year ended December 31, 2025
Revenue: $29.2 million
Net income: $17.0 million
Result: reported results

Exact text from the filing

for people on the go, today announced financial results for the year ended December 31, 2025. Recent Operating Highlights ● XWELL delivered 2025 revenue of approximately $29.2 million. ● Total operating expenses decreased by approximately 10% versus the comparable prior year period. ● Cost of sales decreased approximately 13% versus 2024. ● General and

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XWELL, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-26-038550

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