The 2026 Orangetheory FDD moves the Item 7 estimated initial investment range from $821,622–$1,377,160 to $764,577–$1,104,920, and the system contracts from 1,298 to 1,224 outlets year-over-year. Both filings include an Item 19 financial performance representation.
| 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, versus $821,622–$1,377,160 in the 2025 filing. The low end moves by −$57,045 (−6.9%) and the high end moves by −$272,240 (−19.8%).
| 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%)).
Orangetheory included an Item 19 financial performance representation in both the 2025 and 2026 filings.