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
$276.7M
Gross Profit
$254.2M
Operating Profit
$79.2M
Net Profit
$41.9M
Gross Margin
91.9%
Operating Margin
28.6%
Net Margin
15.1%
YoY Growth
11.5%
Planet Fitness, Inc. Q1 FY2025 Financial Summary
Planet Fitness, Inc. reported revenue of $276.7M (up 11.5% YoY) for Q1 FY2025, with a net profit of $41.9M (up 22.0% YoY) (15.1% margin). Cost of goods sold was $22.5M, operating expenses totaled $175.0M.
Key Financial Metrics
| Total Revenue | $276.7M |
|---|---|
| Net Profit | $41.9M |
| Gross Margin | 91.9% |
| Operating Margin | 28.6% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
Planet Fitness, Inc. Q1 FY2025 revenue of $276.7M breaks down across 5 segments, led by Corporate Owned Club Segment at $133.7M (48.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Corporate Owned Club Segment | $133.7M | 48.3% |
| Franchise | $93.2M | 33.7% |
| Equipment Revenue | $27.8M | 10.1% |
| Advertising | $21.9M | 7.9% |
| Related Party | $2.3M | 0.8% |
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 Club Segment and Franchise) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Corporate Owned Club Segment | $135.6M | $137.8M | $139.0M | $133.7M |
| Franchise | $98.6M | $92.2M | $96.9M | $93.2M |
| Equipment Revenue | $121.2M | $78.8M | $82.2M | $27.8M |
| Advertising | $20.8M | $21.4M | $22.8M | $21.9M |
| 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 |