Xponential Fitness, Inc.

General Information

Xponential Fitness is a curator of leading boutique fitness brands across multiple verticals. Our mission is to make highly specialized workouts in motivating, community-based environments accessible to everyone. We are the largest boutique fitness franchisor in the United States with over 1,750 studios operating across nine distinct brands. Our diversified portfolio of brands spans a variety of fitness and wellness verticals, including Pilates, barre, cycling, stretch, rowing, yoga, boxing, dance and running. Its brands include Club Pilates and Yoga Six.

By leveraging our network of over 1,400 franchisees, we are able to capitalize on popular and proven fitness modalities to rapidly and efficiently expand boutique fitness experiences globally. Collectively, our brands offer consumers engaging experiences that appeal to a broad range of ages, fitness levels and demographics. Across our system, over 850,000 unique consumers completed nearly 20 million in-studio, live stream and virtual workouts in 2020. 

(Note: Xponential Fitness downsized its IPO at pricing on July 22, 2021, to 10 million shares at $12 – down from 13.3 million shares at $14 to $16 in the prospectus – to raise $120 million.)

(Note: On its first day of trading on July 23, 2021, Xponential Fitness opened at $11.20, hit an intraday high of $12.91, and closed at $12.25.)

Industry: Services - Miscellaneous Amusement & Recreation
Employees: 600
Founded: 2017
Contact Information
Address 17877 Von Karman Ave, Suite 100 Irvine, CA, 92614
Phone Number (949) 346-3000
Web Address http://www.xponential.com/
View Prospectus: Xponential Fitness, Inc.
Financial Information
Market Cap $700.05mil
Revenues $103.87 mil (last 12 months)
Net Income $-16.44 mil (last 12 months)
IPO Profile
Symbol XPOF
Exchange NYSE
Shares (millions): 10.0
Price range $12.00 - $12.00
Est. $ Volume $120.0 mil
Manager / Joint Managers BofA Securities/ Jefferies/ Morgan Stanley
CO-Managers Guggenheim Securities/ Citigroup/ Piper Sandler/ Baird/ Raymond James
Expected To Trade: 7/23/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change