Xponential Fitness, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Restructuring (Tables)

Restructuring (Tables)

3 Months Ended

Mar. 31, 2026

Restructuring and Related Activities [Abstract]

Schedule of Components of Restructuring Charges

The components of the restructuring charges were as follows:


	Three months ended March 31,
	2026		2025
Impairment and accelerated amortization of right-of-use assets	$	—	$	1,915
Contract termination and other associated costs		92		328
Loss on lease terminations and sale or disposal of assets, net (1)		673		(177	)
Other restructuring costs		324		336
Total restructuring charges, net	$	1,089	$	2,402

(1)

Loss on lease termination and sale or disposal of assets represents net losses on studio lease terminations and sales or disposal of studio assets primarily related to studio property and equipment. Amount for the three months ended March 31, 2026 and 2025 is net of, among other things, a $376 and $0 gain, respectively, on lease termination related to a lease for which the Company had previously recognized an impairment on the related right-of-use asset.

The restructuring charges are recorded within the following financial statement captions on the Company’s condensed consolidated statements of operations:


	Three months ended March 31,
	2026		2025
Selling, general and administrative expenses		1,089		487
Impairment of goodwill and other noncurrent assets		—		1,915
Total restructuring charges, net	$	1,089	$	2,402

Schedule of Changes in Restructuring Charges

The following table provides the components of and changes in the Company’s restructuring charges, included in accounts payable and accrued expenses on the condensed consolidated balance sheets:



Balance at December 31, 2025	$	2,401
Charges incurred		(51	)
Payments		(623	)
Balance at March 31, 2026	$	1,727