---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-135906"
form_type: "8-K"
ticker: "XPOF"
cik: "0001802156"
company_name: "Xponential Fitness, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T22:46:34.982040+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Xponential Fitness Q1 revenue up 40% to $70.7M; raises full-year guidance across key metrics

## Summary
- Revenue $70.7M (+40% YoY); North America system-wide sales $317.8M (+42% YoY).
- Same-store sales +20% (vs +47% in Q1 2022); net loss $15.0M ($1.38 loss per share) vs $15.2M loss.
- Adjusted EBITDA $22.9M vs $14.5M; adjusted net income $1.3M vs adjusted net loss $5.3M.
- Raised FY2023 guidance: revenue $290-300M (+20%), system-wide sales $1.37-1.38B (+33%), Adj. EBITDA $102-106M (+40%).
- Sold 188 franchise licenses, opened 115 net new studios in Q1; total 5,638 licenses and 2,756 studios operating.

## SEC filing metadata
- accession: 0001193125-23-135906
- form_type: 8-K
- ticker: XPOF
- cik: 0001802156
- company_name: Xponential Fitness, Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1802156/000119312523135906/0001193125-23-135906-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1802156/000119312523135906/d316211d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-135906
- JSON: https://secwatch.observer/filing/0001193125-23-135906.json
- Plain text: https://secwatch.observer/filing/0001193125-23-135906.txt

## Key facts
- Earnings Releases
  Xponential Fitness, Inc. reported the quarter ended March 31, 2023 results: revenue $70.7 million, net income loss of $15.0 million, EPS loss of $1.38 per share. Guidance raised.
  - Period: the quarter ended March 31, 2023
  - Revenue: $70.7 million
  - Net income: loss of $15.0 million
  - EPS: loss of $1.38 per share
  - Guidance: raised
  - Result: reported results
  source text: For the first quarter of 2023, total revenue increased $20.3 million, or 40%, to $70.7 million, up from $50.4 million in the prior year period. This increase included a corresponding North America same store sales increase of 20%. Net loss totaled $15.0 million, or a loss of $1.38 per share, compared to a loss of $15.2 million, or a loss of $1.51 per share, in the prior year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1802156/000119312523135906/0001193125-23-135906-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.