Xwell Posts 17% Revenue Drop in Q2
Xwell (NASDAQ:XWEL), best known for its airport wellness spas and health services, released its second quarter 2025 results on August 14, 2025. The release showed GAAP revenue of $7.7 million, down 17.2% from the prior year period. There were no Wall Street estimates for the quarter. Operating loss grew to $2.7 million and net loss attributable to Xwell reached $2.3 million, both higher than a year ago. The results underline continuing challenges as one-time pandemic-related income wanes, even as the company pushes cost reductions and moves to expand outside the airport sector.
Xwell operates wellness spas, medical testing centers, and retail locations, with a focus on airport travelers. Over recent years, it has pushed deeper into health diagnostics, adding services such as infectious disease testing and vaccinations.
Key success factors for Xwell include attracting steady airport traffic, expanding its suite of health and spa services, controlling operational costs, and integrating digital booking and e-commerce. The company recently rebranded to expand its image beyond airport spas, now targeting both travelers and urban customers. Management has flagged diversification -- such as partnerships with sports teams and digital upgrades -- as central to its growth strategy.
Source Fool.com
