NEW YORK, Aug. 14, 2025 (GLOBE NEWSWIRE) — XWELL, Inc. (NASDAQ:XWEL) (“XWELL” or the “Company”), a leading provider of wellness solutions for people on the go, today announced results for the second quarter ended June 30, 2025.
From providing critical biosecurity support to building tech-forward wellness spaces in transportation hubs and local communities, XWELL currently is on a growth trajectory. Through its portfolio of in-airport and off-airport brands, the Company is reimagining what it means to access wellness.
Operating Highlights
- Revenue for the 2025 second quarter totaled $7.7 million
- Cost of sales decreased approximately 5% from the 2024 second quarter
- General and administrative expenses decreased by approximately 9% from the 2024 second quarter
- Named the official wellness spa of the Orlando Magic
- XpresSpa recognized as one of Yelp‘s most loved airport brands
- Expanded its partnership with Priority Pass, the world’s original airport experiences program
- Opened new non-airport brick-and-mortar location in Clearwater, Florida
“The XWELL team delivered a solid second quarter, underscoring the solid momentum we’re building across the business,” said Ezra Ernst, CEO of XWELL. “We are currently executing a focused, multi-pronged strategy to expand our operational footprint, increase access to our wellness offerings, and deepen our engagement with both new and existing customers. We believe that these efforts are already delivering measurable results.” Mr. Ernst added, “Coupled with our long-standing CDC partnership, continued operational discipline, and our focused growth strategy, I’m excited by the opportunities that lie ahead.”
Momentum Building Across Wellness Channels and Brands
During the past several months, XWELL achieved several milestones that underscore the Company’s momentum in expanding beyond airport terminals and into growing consumer wellness markets:
- In June 2025, XWELL was named the Official Wellness Spa of the Orlando Magic through a multiyear partnership, marking a major step in the Company’s strategic push into local markets, beginning with Florida.
- XpresSpa was recently recognized as one of Yelp’s “Most Loved Airport Brands,” ranking #10 based on millions of traveler reviews, further validating its strong customer loyalty and brand equity.
- The Company expanded its relationship with Priority Pass, providing members with access to an enhanced range of wellness services across both its U.S. and international locations.
- The Company recently unveiled a newly redesigned website, accessible at www.XWELL.com which integrates all of …