The Joint Corp. · NASDAQ:JYNT

The Joint — Q2 2026 Earnings Presentation

37 slides from The Joint's earnings presentation, Aug 6, 2026

  1. Slide 1: Investor Presentation

    Investor Presentation As of June 30, 2026, reported August 6, 2026 NASDAQ: JYNT | © 2026 The Joint Corp. All Rights Reserved. | 1 ‹#›

  2. Slide 2: Safe Harbor Statements

    Safe Harbor Statements This presentation contains statements about future events and expectations that constitute forward-looking statements. Forward-looking statements are based on our beliefs, assumptions and expectations of industry trends, our future financial and operating performance and our g

  3. Slide 3: Our Mission, Our Vision

    OUR MISSION OUR VISION is to improve quality of life is to build America’s most through routine accessible health and affordable chiropractic care. and wellness services company. NASDAQ: JYNT | © 2026 The Joint Corp. All Rights Reserved. | 3

  4. Slide 4: Reasons to Join: Reasons to Invest

    Reasons to Join: Reasons to Invest Leading Chiropractic Care Franchise Concept New Large & Growing Market Strategic Attractive Asset-light Model Plan to Strong Recurring Revenue Strengthen Category Leader & Creator Core and Reignite Growth NASDAQ: JYNT | © 2026 The Joint Corp. All Rights Reserved. |

  5. Slide 5: Quality, convenient, affordable chiropractic care in a retail setting

    Quality, convenient, affordable chiropractic care in a retail setting Serving patients seeking pain relief and ongoing health and wellness Proven membership-based, walk-in, no-insurance model in an open bay setting NASDAQ: JYNT | © 2026 The Joint Corp. All Rights Reserved. | 5

  6. Slide 6: Strong Operational KPIs

    Strong Operational KPIs 14.4M 1.7M 797K 41% 85% adjustments unique patients new patients of new patients were system-wide gross in 2025 treated in 2025 in 2025 new to chiropractic sales from monthly in 20251 memberships in 2025 1 Estimated, based on new patient intake surveys. NASDAQ: JYNT | © 2026

  7. Slide 7: Substantial Market Growth Opportunity

    Substantial Market Growth Opportunity The Joint has ~5% of the Out-of-Pocket Share Annual Spending on Chiropractic Care 1 Annual Out-of-Pocket Spending $41.6% 2 – 48.7%1 of Total $22.0B $9.2B to $10.7B The Joint ~5% $532.4M System-Wide Sales3 Insurance + Out-of- Other Pocket ~95% Independent & Chain

  8. Slide 8: Only 3.4% of Franchise Concepts Have 900+ Units

    Only 3.4% of Franchise Concepts Have 900+ Units Percentage of Franchise Brands by # of Units 900+ Units 3.4% 301-900 Units 5.6% 101-300 Units 12.7% 0-50 Units 51-100 Units 68.1% 10.2% Source: FRANdata NASDAQ: JYNT | © 2026 The Joint Corp. All Rights Reserved. | 8

  9. Slide 9: Top Franchise Recognition... Several Years Running

    Top Franchise Recognition... Several Years Running #1 Chiropractic Name a Top Brand for #37 of the Services Category Multi-Unit Owners Top 500 #139 in 2025 of the Top 400, up from #150 in 2024. One of the th 6 year breaking top 200 Top 50 Franchises NASDAQ: JYNT | © 2026 The Joint Corp. All Rights R

  10. Slide 10: Growing Market Opportunity

    Growing Market Opportunity Mid-term Market ~1950 Potential Clinics In the U.S. The Joint Patient Base with usable addresses • All 50 States, DC and Puerto Rico • All Canadian Provinces and Territories • 74 Countries on 6 Continents Similar Points of Distribution • Analyze demographics and psychograp

  11. Slide 11: The Joint: First Mover Advantage

    The Joint: First Mover Advantage Companies Clinic Count Insurance Private Pay 1 The Joint Corp. 941 ✓ Airrosti 157 ✓ ✓ HealthSource Chiropractic 146 ✓ ✓ ChiroOne 107 ✓ ✓ 100% Chiropractic 55 ✓ ✓ Curis Functional Health (Previously The BackSpace) 38 ✓ ✓ NuSpine 30 ✓ AlignLife Chiropractic 24 ✓ ✓ Chir

  12. Slide 12: Clinic Portfolio

    Clinic Portfolio Total Clinics Open at quarter-end 967 960 941 935 125 75 45 1 Franchised 838 135 Company-owned or managed 126 706 96 579 513 64 442 60 399 885 896 370 48 800 842 47 712 312 61 246 47 610 4 515 453 352 394 265 309 242 175 82 12 26 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 202

  13. Slide 13: Growing National Footprint

    Growing National Footprint WA 20 NH 941 3 ME MT 1 ND VT OR MN 6 11 MA ID 10 WI 5 NY SD 11 MI 6 RI Locations WY 7 1 PA CT IA NJ 896 NE 4 4 5 2 2 OH DE NV UT IL IN 19 1 16 21 CO 17 19 WV MD 34 1 VA 10 KS MO CA KY 19 | 7 8 23 DC 109 | 24 7 NC Franchised Clinics TN 26 | 11 OK 32 AZ NM 13 AR SC 45 49 7 1

  14. Slide 14: Multi-year, Phased Approach

    Multi-year, Phased Approach 2.0 3.0 Strengthen Core Capture New Revenue & Become through Additional Pure Play Franchisor Channels & Markets NASDAQ: JYNT | © 2026 The Joint Corp. All Rights Reserved. | 14

  15. Slide 15: Strengthen Clinic Economics

    Excel in Patient Build People Strengthen Experience Capability & Culture Clinic Economics OUR PATIENTS Turbo Charge Sales & Reignite Innovate & & Profits Growth Broaden Relevance Rapidly Grow Clinic Network NASDAQ: JYNT | © 2026 The Joint Corp. All Rights Reserved. | 15 NASDAQ: JYNT | © 2026 The Joi

  16. Slide 16: Refranchising Efforts

    Refranchising Efforts • Southern California Bundle Ownership transferred for 32 clinics to date1, with 13 remaining clinics being operated by the buyer under Management Service Agreements • Northern California Bundle Signed Asset Purchase Agreement is in place for four clinics • Southeast Bundle Own

  17. Slide 17: The Next Phase Of Our Journey

    The Next Phase Of Our Journey Near Term ✓ Further strengthen new patient acquisition and win back lapsed patients ✓ Improve the patient experience ✓ Drive net new clinic growth and optimize current portfolio ✓ Elevate operations and development from recently acquired RD territories Longer Term ✓ Pri

  18. Slide 18: Driving Top-Line Momentum

    Driving Top-Line Momentum Messaging continues to be on chiropractic care for pain relief, and helping patients get back to what they love to do • Sequential improvement in active member growth each month this year • Increasing focus on our MVPs (most valuable patients) • SEO and AI visibility optimi

  19. Slide 19: Comp Growth & Patient Retention

    Comp Growth & Patient Retention • Q2 comp sales of (2.8)% improved compared to the first quarter • Comp sales expected to continue improving, throughout the second half of the year • Achieved best patient retention rate in over five years, driven by flexible membership options • Continuing to drive

  20. Slide 20: Robust Clinic Economics

    ~$250k - $275k initial build-out Robust Clinic Economics System-wide Sales & Potential Chart includes: 4-Wall Clinic Contribution 1 $571 • 2% of gross sales for the National (5 yr. avg., $ in 000s) $535 $530 Marketing Fund $482 $498 • Local marketing expenses, wages, $455 rent and G&A expenses $415

  21. Slide 21: Reiterating 2026 Financial Guidance

    Reiterating 2026 Financial Guidance 2026 Financial Guidance 2025 Low High Actual System-wide Sales 1 ($ in Millions) $519 $552 $532.4 Comp Sales 2 (%) (3)% 3% (0.4)% Consolidated Adjusted EBITDA ($ in Millions) $12.5 $13.5 $13.0 New franchised clinic openings expected to be in range of 22 to 26, wit

  22. Slide 22: Operating Metrics

    Operating Metrics • $128.0M Q2 2026 System-wide Sales 1 (3.7)% vs Q2 2025 • (2.8)% Q2 2026 Comp Sales 2 140 basis-point improvement vs Q1 2026 • $3.2M Q2 2026 Consolidated Adjusted EBITDA In line with Q2 2025 1 System-wide sales include revenues at all clinics, whether operated or managed by the com

  23. Slide 23: Continued Progress on Reigniting Growth

    Continued Progress on Reigniting Growth ✓ Y-o-Y Net Income and Adjusted EBITDA growth reflects the progress towards a capital-light, pure-play franchisor model ✓ Securing a strong foundation to launch The Joint 3.0 initiatives ✓ Capital allocation reflects conviction in long-term value of The Joint

  24. Slide 24: A Starting Point for Higher Profitability

    A Starting Point for Higher Profitability Post-Refranchising Initial / Short-Term Targets Enhanced Near-Term Profitability (est. mid-2026) Royalties & Fees Adj. EBITDA Margin Mid-2026 ~10% - 12% of System Sales 2024 2025 expected run rate Gross Margin 9% 12% ~19% - 21% ~83% - 85% of Revenue G&A Expe

  25. Slide 25: Capital Allocation Priorities

    Capital Allocation Priorities Investing In Growth Buy Back RD Share Initiatives Territories Repurchases NASDAQ: JYNT | © 2026 The Joint Corp. All Rights Reserved. | 25

  26. Slide 26: Appendix

    Appendix NASDAQ: JYNT | © 2026 The Joint Corp. All Rights Reserved. | 26

  27. Slide 27: Leading Market Growth

    Leading Market Growth The Joint 13-yr. CAGR 38% 1 vs. Industry 5-yr. CAGR 2% 2 System-wide Sales ($ in M) People will continue to $530.3 $532.4 $488.0 seek more noninvasive, $435.3 holistic ways to $361.1 manage their pain. $260.0 $220.3 We’ll be there to $165.1 treat them. $98.6 $126.9 $128.0 $70.1

  28. Slide 28: Strong Balance Sheet & Focused Capital Allocation

    Strong Balance Sheet & Focused Capital Allocation $ in Millions 06/30/26 12/31/25 Unrestricted cash $22.2 $23.6 Restricted cash $1.7 $0.7 Availability on $20 Million JP Morgan Chase LOC $20.0 $20.0 • Repurchased approximately 82,000 shares for total consideration of approximately $677K, at an averag

  29. Slide 29: Second Quarter Results

    Second Quarter Results 3 months ended 3 months ended $ in Millions 1 Difference 06/30/26 06/30/25 Revenue $15.2 $13.3 +$1.9 Cost of revenues $2.5 $2.8 ($0.3) Selling and marketing $4.9 $3.5 +$1.4 Depreciation and amortization $0.4 $0.4 $0.0 G&A $7.6 $7.7 ($0.1) Net loss from continuing operations 2

  30. Slide 30: Board of Directors

    Board of Directors Matthew E. Rubel` Ronald V. DaVella, CPA Christopher M. Grandpre Jeff Gramm Sandi Karrmann Milind Pant Sanjiv Razdan Lead Director, 2017 Director, 2014 Director, 2025 Director, 2024 Director, 2025 Director, 2026 Director, 2024 • Chair, Holley Inc. & Mid Ocean • Financial Advisor,

  31. Slide 31: Executive Team

    Executive Team Sanjiv Razdan Scott Bowman Debbie Gonzalez Charles Nelles Craig Sherwood Andra Terrell Ron Stilwell Dr. Steve Knauf SVP, VP of Chiropractic & CEO, Pres. & Dir. CFO CMO CTO SVP & CDO General Counsel & SVP & COO Corporate Secretary Compliance • The Coffee Bean & • Leslie’s Inc. • Concen

  32. Slide 32: Revolutionizing Access to Chiropractic Care

    Revolutionizing Access to Chiropractic Care Features Industry Problems The Joint’s Solutions Affordability (per appointment) $76 Average1 $37 Average for 2025 Convenient Locations Medical Centers / Offices Retail Locations Multiple Locations Limited Locations 960 Clinics2 Walk-in / No Appointment Ap

  33. Slide 33: Patient Demographics

    Patient The Joint1 Demographics Median Age 40 years Generation Mix Gen Z 19% Millennial 41% Gen X 28% Baby Boomer 12% Gender Female 48% 1 Patients who visited The Joint Chiropractic in 2024. NASDAQ: JYNT | © 2026 The Joint Corp. All Rights Reserved. | 33

  34. Slide 34: Transformative Opportunity for Chiropractors

    Transformative Opportunity for Chiropractors Industry The Joint Annual Salary Median $76,5301 Starting $85,0002 • Appointments required • No appointments necessary Accessibility • Medical centers & offices • Clustered, high-visibility retail locations • Traditional office hours • Open evenings + wee

  35. Slide 35: Performance Metrics and Non-GAAP Measures

    Performance Metrics and Non-GAAP Measures This presentation includes commonly discussed performance metrics. System-wide sales include revenues at all clinics, whether operated by the company or by franchisees. While franchised sales are not recorded as revenues by the company, management believes t

  36. Slide 36: Quarterly GAAP – Non-GAAP Reconciliation

    Quarterly GAAP – Non-GAAP Reconciliation Three Months Ended June 30, 2026 2025 From Continuing From Discontinued From Continuing From Discontinued Operations Operations Net Operations Operations Operations Net Operations Non-GAAP Financial Data: Net (loss) income $ (251,327) $ 904,348 $ 653,021 $ (9

  37. Slide 37: Sanjiv Razdan, President & CEO; Scott Bowman, CFO

    Sanjiv Razdan, President & CEO sanjiv.razdan@thejoint.com The Joint Corp. https://www.facebook.com/thejointchiro 16767 N. Perimeter Dr., Suite 110, Scottsdale, AZ 85260 | (480) 245-5960 @thejointchiro Scott Bowman, CFO scott.bowman@thejoint.com https://twitter.com/thejointchiro The Joint Corp. @thej

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