XWELL, Inc. (XWEL) Stock

XWELL, Inc. (XWEL) is a Consumer Discretionary stock trading at $0.93 (as of 2026-08-20), with a market capitalization of $7.89M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

XWELL Inc. operates airport-focused health and wellness services and related offerings through brands including XpresSpa, XpresTest, Treat, and HyperPointe. It provides spa services and wellness/diagnostic testing (such as COVID-19 and other communicable disease screening), supported by an integrated digital platform and retail products for travelers.

Understand XWELL, Inc.: how it makes money

XWELL provides spa and wellness services at airports, including massage and nail and skin care, and it also runs wellness centers that provide COVID-19 and other communicable disease screening and testing, earning money from those services and from related spa and travel and retail products.

Profit is structurally tied to foot traffic in airports, because most of the business is delivering on-site spa services and wellness testing, with additional contribution from selling related spa and travel and retail products.

Business quality (Weak): The company combines airport spa services with diagnostic testing, but the latest quarter shows a high operating loss, with gross margin of 35.4% and an operating margin of -81.6%, which suggests significant operating cost pressure versus revenue.

Bull case

  • Two core revenue engines in one footprint: XWELL operates airport spa services and also provides wellness centers for COVID-19 and other communicable disease screening and testing.
  • Multi-brand, multi-offering model: It operates through the XpresSpa, XpresTest, Treat, and HyperPointe brands, and offers spa services plus spa and travel and retail products.

Bear case

  • Operating losses remain severe: Latest reported operating margin is -81.6%, indicating the business is not yet covering its operating costs on the reported basis.
  • Demand sensitivity: Diagnostic testing and seasonal vaccination services (for items such as influenza and related diseases) can be sensitive to changes in public health demand and seasonality.
Valuation — source: SEC EDGAR (first-party)
Price$0.93
Market Cap$7.89M
Price / Book0.96
Price / Sales0.28
FCF Yield-387.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$29.21M
Net Margin-58.2%
Revenue Growth (YoY)-13.8%
EPS Growth (YoY)38.8%
FCF Growth (YoY)-8.7%
Financial Health — source: SEC EDGAR
Altman Z-Score-63.69 (distress)
Valuation vs Sector & Industry
Sector P/E (Consumer Discretionary)20.5
Industry P/E (Personal Services)13.9
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderJANE STREET GROUP, LLC ($94484.00)
Institutional Holders Tracked10
Company
SectorConsumer Discretionary
IndustryPersonal Services
CEOEzra T. Ernst
Employees246
CountryUS
IPO Date2010-07-27

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XWEL earnings history · XWEL institutional & insider holders · XWEL KPIs & operating metrics · XWEL financials · XWEL investor presentations & press releases · XWEL SEC filings · XWEL peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.