NYSE$XPOF
Xponential Fitness Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Xponential Fitness's first quarter of 2022 showed significant growth. Revenue increased by 73%, and North America system-wide sales grew by 70%. The company sold 260 franchise licenses and opened 99 new studios.
Xponential Fitness reported a strong first quarter in 2022, marked by substantial revenue growth and expansion in North America system-wide sales. The company opened new studios and sold numerous franchise licenses, while also reaffirming its full-year outlook for continued growth.
- Revenue grew by 73% to $50.4 million compared to Q1 2021.
- North America system-wide sales increased by 70% to $224.5 million.
- North America same store sales grew by 47%, compared to a decline of 24% in Q1 2021.
- North America quarterly run-rate average unit volume (AUV) reached $450,000, compared to $303,000 in Q1 2021.
Headline financials
Revenue & EPS history
Xponential Fitness · Revenue · Quarterly
$3.38M
Revenue by segment
Xponential Fitness · $50.4M total across 5 segments · Q1 2022
- Franchise Revenue$25.5M—50.6%
- Equipment Revenue$7.78M—15.4%
- Other Service Revenue$6.57M—13.0%
- Merchandise Revenue$6.08M—12.1%
- Franchise Marketing Fund Revenue$4.44M—8.8%
Forward guidance
The company is reiterating its full-year 2022 outlook.
Tailwinds
- New studio openings in the range of 500 to 520, or an increase of 81% at the midpoint as compared to full year 2021
- North America system-wide sales in the range of $995.0 million to $1.005 billion, or an increase of 41% at the midpoint as compared to full year 2021
- Revenue in the range of $201.0 million to $211.0 million, or an increase of 33% at the midpoint as compared to full year 2021
- Adjusted EBITDA in the range of $67.0 million to $71.0 million, or an increase of 153% at the midpoint as compared to full year 2021
- Tax rate in mid-to-high single digits
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q1 2022
-2.5%
Avg return
Earnings day
-0.5%
Avg return
5 days after
+1.7%
Avg return
30 days after
37%
7 / 19 earnings
Positive
+44.3%
Q4 2023
Best reaction
-47.2%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -14.0% | -21.7% | -18.1% | |
| Q4 2025 | -47.2% | -31.3% | -28.6% | |
| Q3 2025 | +1.4% | +1.1% | +12.4% | |
| Q1 2025 | -7.5% | +13.0% | +9.1% | |
| Q4 2024 | -38.4% | -29.4% | -39.4% | |
| Q3 2024 | -3.5% | +0.7% | -2.4% | |
| Q2 2024 | -23.5% | -19.3% | -24.8% | |
| Q1 2024 | +3.8% | -20.8% | -7.0% | |
| Q4 2023 | +44.3% | +38.9% | +69.8% | |
| Q3 2023 | -3.2% | -8.0% | -15.7% | |
| Q2 2023 | -7.3% | -6.0% | +5.3% | |
| Q1 2023 | -8.8% | -11.7% | -20.2% | |
| Q4 2022 | +15.5% | +16.1% | +19.7% | |
| Q3 2022 | +15.2% | +21.9% | +22.1% | |
| Q2 2022 | +19.4% | +26.7% | +23.0% | |
| Q1 2022 | -9.9% | +1.9% | -2.1% | |
| Q4 2021 | -7.1% | -7.8% | +12.5% | |
| Q3 2021 | +24.5% | +22.2% | +16.2% | |
| Q2 2021 | -1.2% | +3.6% | +0.1% | |
| Q4 2020 | — | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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