---
title: "Xwell Q2 FY26 revenue falls 7% to $7.15 million; general and administrative expenses rise to $4.65 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295972205.md"
description: "Xwell reported a 7% drop in Q2 FY26 revenue to $7.15 million, despite a 29% decrease in cost of sales boosting gross profit to $2.95 million. General and administrative expenses rose 8.64% to $4.65 million due to legal costs associated with a July 2026 purchase agreement. The company holds $11.78 million in cash and has shifted to an $8.47 million working capital surplus. Additionally, Xwell agreed to sell its XpresSpa and XpresTest units for approximately $13 million to focus on non-airport wellness operations, with the deal expected to close in Q4 2026."
datetime: "2026-08-14T20:24:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295972205.md)
  - [en](https://longbridge.com/en/news/295972205.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295972205.md)
---

# Xwell Q2 FY26 revenue falls 7% to $7.15 million; general and administrative expenses rise to $4.65 million

-   Xwell posted revenue of $7.15 million for the quarter ended June 30, 2026, down 7%. \* Cost of sales fell 29% to $4.2 million, lifting gross profit to $2.95 million. \* General and administrative expenses rose 8.64% to $4.65 million, on higher legal costs tied to the July 2026 purchase agreement. \* Cash and cash equivalents totaled $11.78 million at June 30, 2026; working capital swung to a $8.47 million surplus. \* Xwell agreed to sell XpresSpa and XpresTest for about $13 million, aiming to focus on non-airport wellness operations; closing targeted in Q4 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xwell Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-097169), on August 14, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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