Xponential Fitness, Inc.: Q4 FY2025 earnings call

What management said about Q4 FY2025, from the documents filed with the SEC on 10 March 2026: press release. Guidance figures: 5 kept. The quarter’s numbers.

Key takeaways

CFO John Meloun separated: John Meloun, Chief Financial Officer, separated from the company effective March 9, 2026. Source
Interim CFO starts March 16: Robert Julian takes the interim CFO role effective March 16, 2026, seven days after Meloun's separation date. Source
Search firm engaged: The company has engaged a leading search firm to find a permanent CFO. Source
Full confidence in Julian: CEO Nuzzo said he has full confidence in Julian's ability to lead the business forward as interim CFO. Source
Full-year 2026 guidance reaffirmed: The company reaffirmed its full-year 2026 guidance, first given with the February 26, 2026 results. Source

“On behalf of the entire Xponential team, I would like to thank John for his significant contributions to the Company over the past eight years.”
Mike Nuzzo, CEO of Xponential Fitness, Inc.

Guidance

Area	Period	Figure	Against last quarter
Net new studio openings	Fiscal year 2026	150 to 170	Kept
North America system-wide sales	Fiscal year 2026	$1.72 billion to $1.80 billion	Kept
Revenue	Fiscal year 2026	$260.0 million to $270.0 million	Kept
Adjusted EBITDA	Fiscal year 2026	$100.0 million to $110.0 million	Kept
Share count (Class A common stock)	Fiscal year 2026	37.3 million shares	Kept

What changed from last quarter

Guidance kept: Full-year 2026 financial guidance reaffirmed, as previously announced on February 26, 2026. Source
Ended: Chief Financial Officer John Meloun separated from the company effective March 9, 2026. Source
New: Robert Julian appointed interim Chief Financial Officer effective March 16, 2026. Source
New: Search firm engaged to find a permanent Chief Financial Officer. Source

CFO departure and interim successor

CFO John Meloun separated: John Meloun, Chief Financial Officer, separated from the company effective March 9, 2026. Source
Eight years of service recognized: CEO Mike Nuzzo thanked Meloun for his significant contributions over the past eight years. Source
Interim CFO starts March 16: Robert Julian takes the interim CFO role effective March 16, 2026, seven days after Meloun's separation date. Source

Interim CFO background

Over 30 years of finance: Julian is described as having more than 30 years of financial leadership experience. Source
Prior CFO roles at listed companies: Earlier roles listed include CFO of TheRealReal and Callaway Golf, and EVP and CFO at Sportsman's Warehouse. Source
Deluxe Entertainment finance role: Julian also served as EVP, CFO and Treasurer at Deluxe Entertainment Services Group, according to the release. Source

“I have full confidence in Robert’s ability to lead the business forward as he assumes the interim Chief Financial Officer role.”
Mike Nuzzo, CEO of Xponential Fitness, Inc.

Permanent CFO search

Search firm engaged: The company has engaged a leading search firm to find a permanent CFO. Source
Permanent role not yet filled: Julian is named interim, and the release names no permanent candidate. Source
No timing given for hire: The release gives no date or candidate for the permanent CFO appointment. Source

Management's view of the transition

Full confidence in Julian: CEO Nuzzo said he has full confidence in Julian's ability to lead the business forward as interim CFO. Source
Consumer public company experience cited: Nuzzo cited Julian's deep financial expertise and significant public company experience in the consumer space. Source
Focus on execution: Nuzzo said Julian's approach will be valuable as the company focuses on execution for long-term value. Source

“Robert brings deep financial expertise, significant public company experience in the consumer space, and a steady, strategic approach that will be invaluable as we focus on execution”
Mike Nuzzo, CEO of Xponential Fitness, Inc.

Fiscal 2026 guidance

Full-year 2026 guidance reaffirmed: The company reaffirmed its full-year 2026 guidance, first given with the February 26, 2026 results. Source
Ranges set in February release: The ranges for openings, system-wide sales, revenue and Adjusted EBITDA appear in the February 26 release; this release does not restate them.
Guidance period ends December 31: The full-year 2026 guidance period is the fiscal year ending December 31, 2026.

Release scope

Release dated March 10, 2026: The 8-K press release is dated March 10, 2026, and covers the CFO transition and 2026 guidance. Source
No quarterly results in release: The release reports no quarterly financial results; its headline items are the CFO change and reaffirmed guidance. Source
Forward-looking statements cite Julian: Forward-looking statements name Julian's expected leadership impact and the 2026 guidance among covered items. Source

Coming up, as management said on 10 March 2026

Interim CFO role begins: Robert Julian's interim CFO role takes effect March 16, 2026. Source
Permanent CFO search under way: A search firm is engaged to find a permanent CFO; the release gives no date for completion. Source

Earlier plans management reported on

Not stated: Management reaffirmed the full-year 2026 guidance it gave in the February 26, 2026 earnings release. Source

Other quarters

Summarised with AI from the documents the company filed with the SEC. Every point is checked against the filing before it is shown: management’s own words word for word, figures against the line or table row they come from. A point that fails the check is left out. Source opens the filing at that line.

As filed with the SEC

Open the filing on EDGAR

Xponential Fitness, Inc. Announces CFO Transition

Robert Julian Appointed Interim Chief Financial Officer

Company Reaffirms Fiscal Year 2026 Outlook

IRVINE, Calif., March 10, 2026 - Xponential Fitness, Inc. (NYSE: XPOF) (“Xponential” or the “Company”), one of the leading global franchisors of boutique health and wellness brands, today announced that John Meloun, Chief Financial Officer, has separated from the Company effective March 9, 2026. Robert Julian has been appointed interim Chief Financial Officer, effective March 16, 2026.

Mr. Julian brings more than 30 years of financial leadership experience, having previously served as the Chief Financial Officer of TheRealReal, Inc. (NASDAQ: REAL), Callaway Golf (formerly NYSE: ELY), Executive Vice President and Chief Financial Officer at Sportsman’s Warehouse (NASDAQ: SPWH), and Executive Vice President and Chief Financial Officer and Treasurer at Deluxe Entertainment Services Group.

The Company has engaged a leading search firm to find a permanent Chief Financial Officer.

Mike Nuzzo, CEO of Xponential Fitness, Inc., commented, “On behalf of the entire Xponential team, I would like to thank John for his significant contributions to the Company over the past eight years. We appreciate his efforts and wish him continued success in his next chapter.”

Mr. Nuzzo continued, “Looking ahead, I have full confidence in Robert’s ability to lead the business forward as he assumes the interim Chief Financial Officer role. Robert brings deep financial expertise, significant public company experience in the consumer space, and a steady, strategic approach that will be invaluable as we focus on execution to drive long-term value for our franchisees, partners, and shareholders.”

Today, Xponential reaffirmed its full-year 2026 financial guidance, as previously announced in the fourth quarter and full-year 2025 earnings release issued on February 26, 2026.

About Xponential Fitness, Inc.

Xponential Fitness, Inc. (NYSE: XPOF) is one of the leading global franchisors of boutique health and wellness brands. Through its mission to deliver the talents, assets, and capabilities necessary for successful franchise growth, the Company operates a diversified platform of five brands spanning modalities including Pilates, barre, stretching, strength training and yoga. In partnership with its franchisees and master franchisees, Xponential offers energetic, accessible, and personalized workout experiences led by highly qualified instructors in studio locations throughout the U.S. and internationally, with franchise, master franchise and international expansion agreements in 49 U.S. states, Puerto Rico, and 28 additional countries. Xponential’s portfolio of brands includes Club Pilates, the largest Pilates brand in the United States; StretchLab, a concept offering one-on-one and group stretching services; YogaSix, the largest franchised yoga brand in the United States; Pure Barre, a total body workout that uses the ballet barre to perform small isometric movements, and the largest Barre brand in the United States; and BFT, a functional training and strength-based program. For more information, please visit the Company’s website at xponential.com.

Forward-Looking Statements

Forward-looking statements notice

This press release contains forward-looking statements that are based on current expectations, estimates, forecasts and projections of future performance based on management’s judgment, beliefs, current trends, and anticipated financial performance. Forward-looking statements include, without limitation, statements regarding the expected leadership impact of Mr. Julian and the Company’s 2026 outlook. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. These factors include, but are not limited to: franchisees’ ability to generate sufficient revenues; our ability to anticipate and satisfy consumer preferences; risks related to loss of reputation and brand awareness; our ability to manage changes in executive leadership; our ability to attract and retain key senior management and key employees; risks relating to expansion into international markets; macroeconomic conditions or economic downturns; geopolitical uncertainty, including the impact of the presidential administration in the U.S. trade policies and tariffs; general economic conditions and industry trends; and other risks as described in our SEC filings, including our Annual Report on Form 10-K for the full year ended December 31, 2025, and other periodic reports filed with the SEC. Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance, or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and Xponential undertakes no duty to update such information, except as required under applicable law.

Contacts
Addo Investor Relations investor@xponential.com