FDD Year-over-Year Comparison
Orangetheory FDD: What Changed from 2025 to 2026
Orangetheory's 2026 FDD lists an Item 7 estimated initial investment of $764,577–$1,104,920, against $821,622–$1,377,160 in the 2025 filing.
Item 7 — Estimated Initial Investment
| 2025 FDD | 2026 FDD | Change |
|---|
| Low end of range | $821,622 | $764,577 | −$57,045 (−6.9%) |
| High end of range | $1,377,160 | $1,104,920 | −$272,240 (−19.8%) |
| Full range | $821,622–$1,377,160 | $764,577–$1,104,920 | |
The 2026 filing puts the Item 7 estimated initial investment at $764,577–$1,104,920, against $821,622–$1,377,160 in the 2025 filing.
Item 20 — System Size (Outlet Count)
| 2025 FDD | 2026 FDD | Change |
|---|
| Total outlets (Item 20) | 1,298 | 1,224 | −74 (−5.7%) |
Orangetheory reports 1,224 outlets in the 2026 FDD, versus 1,298 in the 2025 filing (−74 (−5.7%)).
Item 19 — Financial Performance Representations
Orangetheory included an Item 19 financial performance representation in both the 2025 and 2026 filings.
Frequently asked questions
Did the cost to open an Orangetheory franchise change in the 2026 FDD?
The 2026 FDD for Orangetheory states an Item 7 estimated initial investment of $764,577–$1,104,920, against $821,622–$1,377,160 in the 2025 filing. The low end moves from $821,622 to $764,577 (−$57,045 (−6.9%)) and the high end moves from $1,377,160 to $1,104,920 (−$272,240 (−19.8%)).
How many locations does Orangetheory have?
The 2026 FDD for Orangetheory reports 1,224 outlets in Item 20, against 1,298 in the 2025 filing — 74 fewer.
Does Orangetheory disclose financial performance in its FDD?
Orangetheory included an Item 19 financial performance representation in both the 2025 and 2026 filings.
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