Planet Fitness, Inc.PLNTEarnings & Financial Report
Planet Fitness, Inc. is an American franchisor and operator of fitness centers based in Hampton, New Hampshire. The company has around 2,715 clubs, making it one of the largest fitness club franchises by number of members and locations. The franchise has locations in the United States, Canada, Panama, Mexico, Spain and Australia. It markets itself as a "Judgement Free Zone" open to all levels of gym users.
Revenue
$300.9M
Gross Profit
$249.0M
Operating Profit
$87.4M
Net Profit
$48.6M
Gross Margin
82.7%
Operating Margin
29.0%
Net Margin
16.2%
YoY Growth
5.1%
Planet Fitness, Inc. Q2 FY2024 Financial Summary
Planet Fitness, Inc. reported revenue of $300.9M (up 5.1% YoY) for Q2 FY2024, with a net profit of $48.6M (up 18.2% YoY) (16.2% margin). Cost of goods sold was $51.9M, operating expenses totaled $161.6M.
Key Financial Metrics
| Total Revenue | $300.9M |
|---|---|
| Net Profit | $48.6M |
| Gross Margin | 82.7% |
| Operating Margin | 29.0% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
Planet Fitness, Inc. Q2 FY2024 revenue of $300.9M breaks down across 5 segments, led by Corporate Owned Stores Segment at $124.2M (41.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Corporate Owned Stores Segment | $124.2M | 41.3% |
| Franchise Segment | $104.5M | 34.7% |
| Equipment Segment | $66.3M | 22.0% |
| Placement Services | $5.4M | 1.8% |
| Related Party | $3.3M | 1.1% |
Planet Fitness, Inc. Revenue by Segment — Quarterly Trend
Planet Fitness, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Corporate Owned Stores Segment and Franchise Segment) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Related Party | $4.3M | $2.8M | $2.9M | $2.3M |
Planet Fitness, Inc. Annual Revenue by Year
Planet Fitness, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.3B |
| 2024 | $1.2B |
| 2023 | $1.1B |
| 2022 | $936.8M |
Planet Fitness, Inc. Quarterly Revenue & Net Profit History
Planet Fitness, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $376.3M | +10.5% | $60.4M | 16.0% |
| Q3 FY2025 | $330.3M | +13.0% | $58.8M | 17.8% |
| Q2 FY2025 | $340.9M | +13.3% | $58.0M | 17.0% |
| Q1 FY2025 | $276.7M | +11.5% | $41.9M | 15.1% |
| Q4 FY2024 | $340.4M | +19.4% | $47.1M | 13.8% |
| Q3 FY2024 | $292.2M | +5.3% | $42.0M | 14.4% |
| Q2 FY2024 | $300.9M | +5.1% | $48.6M | 16.2% |
| Q1 FY2024 | $248.0M | +11.6% | $34.3M | 13.8% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $248.0M | $300.9M | $292.2M | $340.4M | $276.7M | $340.9M | $330.3M | $376.3M |
| YoY Growth | 11.6% | 5.1% | 5.3% | 19.4% | 11.5% | 13.3% | 13.0% | 10.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.99B | $2.97B | $3.05B | $3.07B | $3.09B | $3.12B | $3.06B | $3.10B |
| Liabilities | $3.09B | $3.29B | $3.31B | $3.29B | $3.31B | $3.28B | $3.25B | $3.59B |
| Equity | $-96.4M | $-317.7M | $-266.1M | $-215.4M | $-219.9M | $-158.7M | $-194.8M | $-482.8M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $89.7M | $78.2M | $126.8M | $49.1M | $133.9M | $44.0M | $131.5M | $109.1M |