On February 26, 2026, Xponential filed with the Securities and Exchange Commission a Current Report on Form 8-K announcing a stipulated consent agreement between the Federal Trade Commission (“FTC”) and Xponential regarding the FTC’s previous investigation into Xponential. The report stated that, “the Company has agreed to pay $17.0 million over a 12-month period. The Company has also recently finalized a $22.75 million settlement (to be paid out over a thirty-five month period) with over 500 current and former franchisees.”
On this news, Xponential’s stock price fell $3.79 per share, or 47.1%, to close at $4.26 per share on February 27, 2026.