Q2 FY2026 · ended Jun 30, 2026 · Revenue $7.14M, -7.1% YoY · Filed Aug 14, 2026
XWELL, Inc. (XWEL) files with the SEC under industry code 7200, Services-Personal Services. In Q2 of fiscal 2026, the quarter ended Jun 30, 2026, it reported revenue of $7.1 million and a net loss of $2.2 million. Free cash flow was -$4.7 million. As of Jun 30, 2026 it held $11.8 million in cash and investments and $7.3 million in total debt.
Revenue
$7.14M
-7.1% vs year-ago quarter
Net income
$-2.24M
+1.3% vs year-ago quarter
Operating cash flow
$-4.51M
-89.2% vs year-ago quarter
Free cash flow
$-4.68M
-43.0% vs year-ago quarter
EPS
$-0.26
+53.6% vs year-ago quarter
Dividend per share
None
Shares outstanding
8.59M
+49.2% vs year-ago quarter
Net cash
$4.49M
Q2 FY2026
Operating margin
-61.3%
TTM
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)
Other Services-Personal Services companies
- Service Corp International SCI
- H&R Block Inc HRB
- Unifirst Corp UNF
- Yelp Inc YELP
- Carriage Services Inc CSV
- Evi Industries, Inc. EVI
- WW International, Inc. WW
- Regis Corp RGS
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q2 FY2026 Jun 30, 2026 |
Q1 FY2026 Mar 31, 2026 |
Q4 FY2025 Dec 31, 2025 |
Q3 FY2025 Sep 30, 2025 |
Q2 FY2025 Jun 30, 2025 |
|---|---|---|---|---|---|
| Revenue | $7.1M | $6.6M | $7.2M | $7.3M | $7.7M |
| Operating income | -$2.1M | -$5.4M | -$9.1M | -$770,000 | -$2.7M |
| Net income | -$2.2M | -$11.2M | -$9.3M | -$724,000 | -$2.3M |
| Diluted EPS | -$0.26 | -$1.51 | -$3.18 | -$0.26 | -$0.56 |
| Operating cash flow | -$4.5M | -$4.6M | -$42,000 | -$2.1M | -$2.4M |
| Free cash flow | -$4.7M | -$5.0M | -$748,000 | -$3.1M | -$3.3M |
| Total assets | $20.5M | $25.0M | $11.2M | $21.7M | $22.4M |
| Total liabilities | $12.3M | $14.9M | $23.8M | $18.3M | $18.3M |
| Stockholders' equity | -$1.9M | $389,000 | -$22.3M | -$6.3M | -$5.2M |
| Cash and investments | $11.8M | $16.8M | $2.6M | $4.2M | $8.1M |
| Total debt | $7.3M | $8.3M | $8.9M | $9.6M | $10.0M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Shareholder vote results
|
Oct 29, 2026 | Oct 28, 2026 |
| 8-K |
Current report
Listing notice
|
Oct 20, 2026 | Oct 7, 2026 |
| 8-K |
Current report
Material agreement
|
Oct 8, 2026 | Oct 8, 2026 |
| 10-Q | Quarterly report | Aug 14, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Officer or director change, Regulation FD disclosure
|
Aug 5, 2026 | Aug 3, 2026 |
| 8-K |
Current report
Material agreement, Regulation FD disclosure
|
Jul 9, 2026 | Jul 6, 2026 |
All 1000 XWELL, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.