FitLab Files for Bankruptcy Protection with Debts Exceeding $100 Million

American fitness company FitLab, Inc. filed a petition with the U.S. Bankruptcy Court in Delaware on Monday, October 26, 2026, seeking protection under Chapter 11, the U.S. form of creditor protection.

Court documents show that FitLab estimates its liabilities at between $100 million and $500 million, while assets are valued at just $10 to $50 million. The gap between debts and assets is therefore substantial.

FitLab operates in the hybrid fitness industry and has ties to the world of Hyrox and functional fitness. A potential bankruptcy could have consequences for partners, event organizers, and athletes working with the company.

For Hyrox fans in the Netherlands, it is worth keeping an eye on developments, particularly if FitLab is involved in events or brands that are also active in Europe. BurpeeTalk News will continue to monitor the situation.