NASDAQ:XWEL
XWELL, Inc.
XWELL, Inc.'s revenue fell 13.8% in fiscal 2025 to $29.2M while operating margin fell to −53.6%. Free cash flow was −$11.7M, −40.0% of revenue, and the diluted share count rose 20.6%.Summary generated from XWELL, Inc.'s SEC filings. Latest annual report filed Apr 1, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$29.2M
Revenue growth−13.8%
Revenue, 5-yr CAGR+28.4%
Gross margin25.7%
Operating margin−53.6%
Net margin−58.2%
ROICn/a
Return on equityn/a
Debt / equityn/a
Free cash flow−$11.7M
FCF margin−40.0%
Share count change+20.6%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 74 | 56 | 30 | 34 | 29 |
| Operating income | 4 | −31 | −28 | −17 | −16 |
| Net income | 3 | −33 | −28 | −17 | −17 |
| Free cash flow | 10 | −31 | −18 | −13 | −12 |
Recent filings
- DEF 14AProxy statement
Oct 8, 2026 - 8-KEntry into a material agreement
Oct 8, 2026 - 4Insider transaction report
Sep 4, 2026 - 4Insider transaction report
Sep 3, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 14, 2026 - 8-KDirector or officer change
Aug 5, 2026 - 8-KEntry into a material agreement
Jul 9, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 20, 2026