XWELL, Inc. revenue by segment XWEL

Annual Quarterly

XWELL, Inc. splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Xpresspa at $18.6 million, 64% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Services at $26.3 million, 90% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Jun 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2016 Dec 31, 2016
Revenue	28	29	34	30	56	74	8	49	1	49	12
Operating segments
Xpresspa	18 -4.0% share 63.1%	19 -0.6% share 63.8%	19 -1.6% share 55.4%	19 +39.4% share 63.3%	14 +196.5% share 24.5%	5 -42.6% share 6.3%	8 share 95.9%	—	—	—	—
Xprestest	8 -16.2% share 29.4%	8 -36.8% share 28.2%	13 +31.7% share 38.5%	10 -75.7% share 32.9%	41 -40.8% share 73.1%	69 +86247.5% share 93.7%	0 share 1.0%	—	—	—	—
Naples Wax	2 +1.4% share 7.6%	2 +11.3% share 7.9%	2 +202.8% share 6.1%	1 share 2.3%	—	—	—	—	—	—	—
Sales mix
Services	26 -7.3% share 90.3%	26 -14.3% share 89.9%	31 +13.3% share 90.5%	27 +27.4% share 89.9%	21 +291.6% share 37.9%	5 -22.8% share 7.4%	7 share 83.8%	—	—	—	—
Product	3 -10.2% share 9.7%	3 -9.1% share 10.1%	3 +17.0% share 9.5%	3 +43.3% share 9.2%	2 +152.9% share 3.5%	1 -24.0% share 1.0%	1 share 12.0%	—	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Services-Personal Services (SIC 7200)
Listed as: XWEL (Nasdaq)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: New York, NY
SEC filer status: Non-accelerated filer, Smaller reporting company
SEC CIK: 1410428
Former names: XpresSpa Group, Inc. (until Oct 7, 2022); FORM Holdings Corp. (until Dec 29, 2017); Vringo Inc (until May 5, 2016)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.