Xponential Fitness Cuts 2026 Studio Target as Revenue Falls 21%
Photo: TokenPost
Xponential Fitness, Inc. lowered its 2026 target for net new studio openings after third-quarter revenue dropped 21% to $62.261 million, while it also narrowed its adjusted EBITDA outlook. Revenue for the quarter ended Sept. 30 was $62.261 million, down from $78.824 million a year earlier. Adjusted net income fell to $2.185 million, or 4 cents per basic share, from $19.343 million, or 36 cents per basic share, in the year-earlier quarter.
Source: TokenPost
