Planet Fitness, Inc.(PLNT)Earnings, Financials & Key Ratios

PLNT•NYSE

$52.30

20.0× P/E·Price updated Jul 7, 2026

SectorConsumer Cyclical IndustryLeisure Sub-IndustryFitness Clubs and Connected Fitness

AboutPlanet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. It operates through Franchise, Corporate-Owned Stores, and Equipment segments. The Franchise segment is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. The Corporate-Owned Stores segment operates corporate-owned stores in the United States and Canada. The Equipment segment engages in the sale of fitness equipment to franchisee-owned stores in the United States and Canada. As of December 31,2021, the company had 2,254 stores in 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, and Australia. Planet Fitness, Inc. was founded in 1992 and is headquartered in Hampton, New Hampshire.Show more

Revenue$1.32B+12.1%
EBITDA$550M+13.6%
Net Income$219M+27.4%
EPS (Diluted)2.62+31.0%
Gross Margin82.61%+58.7%
EBITDA Margin41.57%+1.4%
Operating Margin29.81%+8.6%
Net Margin16.55%+13.7%

PLNT Price & Volume

Planet Fitness, Inc. (PLNT) stock price & volume — 10-year historical chart

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Margin Compression Challenges Planet Fitness Equity Position

Investment Thesis • Updated 2026Q1

VerdictNeutral

Growth:Mixed

Profitability:Moderate

Financial:Vulnerable

Cash Flow:Mixed

Primary Risk:Negative equity and leverage

Key Thesis Takeaways

Planet Fitness faces a complex outlook characterized by volatile revenue growth and significant structural margin pressure, as evidenced by a gross margin contraction from 54.4% in 2024Q1 to 38.9% in 2026Q1.
While the brand maintains a resilient market presence, the company's aggressive capital allocation strategy—highlighted by $350.3 million in share repurchases during 2025Q4—has contributed to a persistent negative equity position of $482.8 million.
Investors should monitor the sustainability of this franchise-based model, as ongoing equipment refresh cycles and potential goodwill impairment risks may continue to constrain future liquidity and operational flexibility.

Verdict Logic

while the company maintains a 2.07 current ratio, the combination of a negative $482.8 million equity base and inconsistent free cash flow margins suggests that investors should exercise caution regarding the firm's long-term capital allocation sustainability.

PLNT Growth Metrics

Planet Fitness, Inc. (PLNT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years14.89%

5 Years26.63%

3 Years12.23%

TTM14.41%

Profit CAGR

10 Years28.03%

5 Years-

3 Years30.14%

TTM27.39%

EPS CAGR

10 Years17.78%

5 Years-

3 Years30.46%

TTM30.66%

Return on Capital

10 Years12.2%

5 Years10.91%

3 Years12.06%

Last Year14.15%

PLNT Recent Earnings

Planet Fitness, Inc. (PLNT) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 10/12 qtrs (91%)●Beat Revenue 9/12 qtrs (82%)

Q2 2026Latest

May 7, 2026

Metric

Actual

Est

EPS

$0.74+17.5%

$0.63

Rev

$337M+12.9%

$299M

Q1 2026

Feb 24, 2026

Metric

Actual

Est

EPS

$0.83+5.1%

$0.79

Rev

$376M+2.3%

$368M

Q4 2025

Dec 5, 2025

Metric

Actual

Est

EPS

$0.72

—

Rev

$376M

—

Q4 2025

Nov 6, 2025

Metric

Actual

Est

EPS

$0.80+8.3%

$0.74

Rev

$330M+2.1%

$323M

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	May 7, 2026	$0.74vs $0.63+17.5%	$337Mvs $299M+12.9%
Q1 2026	Feb 24, 2026	$0.83vs $0.79+5.1%	$376Mvs $368M+2.3%
Q4 2025	Dec 5, 2025	$0.72	$376M
Q4 2025	Nov 6, 2025	$0.80vs $0.74+8.3%	$330Mvs $323M+2.1%

Based on last 12 quarters of dataView full earnings history →

Latest PLNT News

Recent stock market news and headlines for Planet Fitness, Inc. (PLNT)

247 Wallst·6 days ago

Live Nasdaq Composite: Markets Kick Off H2 2026 on Cautious Note amid Chip Stock Profit Taking

Live Updates Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now. Wells Fargo's Q3 Outlook 51 minutes ago Live Wells Fargo is betting on a strong summer for stocks, telling clients the Q3 sets up nicely for a rally before midterm election... Live Nasdaq Composite: Markets Kick Off H2 2026 on Cautious Note amid Chip Stock Profit Taking

PRNewsWire·Jun 25, 2026

Planet Fitness Appoints Sudhanshu Priyadarshi as Chief Financial Officer and President, International

Finance and Operational Leader Brings More Than 25 Years of Experience Across Global Organizations HAMPTON, N.H., June 25, 2026 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, today announced the appointment of Sudhanshu Priyadarshi as Chief Financial Officer (CFO) and President, International, effective immediately.

Zacks Investment Research·Jun 22, 2026

Bear of the Day: Planet Fitness (PLNT)

New membership growth slowed in Q1 which led to a cut in 2026 guidance.

Barrons·Jun 18, 2026

Living Longer Is Big Business. These Stocks Will Benefit.

TD Cowen analysts estimate that the total addressable market for longevity healthcare exceeds $250 billion.

Peers Comparison

Key metrics vs top competitors for Planet Fitness, Inc. (PLNT)

Full Screener →

Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
PLNTPlanet Fitness, Inc.Current	$52.30	$4.15B	19.96	12.06%	16.55%	—	0.03%
XPOFXponential Fitness, Inc.	$6.91	$257.83M	-4.70	-1.71%	-11.1%	—	—
VNETVNET Group, Inc.	$7.71	$2.11B	-58.20	17.18%	-21.78%	-26.68%	—
LTHLife Time Group Holdings, Inc.	$41.95	$9.34B	25.27	14.28%	12.53%	12.64%	—
PTONPeloton Interactive, Inc.	$5.82	$2.38B	-19.40	-7.77%	0.95%	—	—
NFLXNetflix, Inc.	$76.18	$320.78B	30.11	15.85%	28.52%	49.24%	—

Compare PLNT vs Peers

Planet Fitness, Inc. (PLNT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs XPOF

Most directly comparable listed peer for PLNT.

Scale Benchmark

vs NFLX

Larger-name benchmark to compare PLNT against a more recognizable public peer.

Peer Set

Compare Top 5

vs XPOF, VNET, LTH, PTON

PLNT SEC Filings & Documents

Planet Fitness, Inc. (PLNT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

May 11, 2026·SEC

Material company update

May 7, 2026·SEC

Material company update

Mar 16, 2026·SEC

10-K Annual Reports

FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 25, 2025·SEC

FY 2024

Feb 29, 2024·SEC

10-Q Quarterly Reports

FY 2026

May 7, 2026·SEC

FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 7, 2025·SEC

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PLNT Frequently Asked Questions

Planet Fitness, Inc. (PLNT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

What is Planet Fitness, Inc.'s revenue?

Planet Fitness, Inc. (PLNT) reported $1.38B in revenue for fiscal year 2025. This represents a 556% increase from $211.0M in 2013.

How fast is Planet Fitness, Inc. growing?

Planet Fitness, Inc. (PLNT) grew revenue by 12.1% over the past year. This is steady growth.

Is PLNT profitable?

Yes, Planet Fitness, Inc. (PLNT) is profitable, generating $228.8M in net income for fiscal year 2025 (16.5% net margin).

Dividend & Returns

Does PLNT pay dividends?

Planet Fitness, Inc. (PLNT) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.

What is Planet Fitness, Inc.'s free cash flow?

Planet Fitness, Inc. (PLNT) generated $267.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in PLNT back in 2013?

Total return calculator · dividends reinvested · 13+ years of data

See returns →

Quarter

Date

EPS (Act vs Est)

Revenue (Act vs Est)

Q2 2026Latest

May 7, 2026

$0.74vs $0.63+17.5%

$337Mvs $299M+12.9%

Q1 2026

Feb 24, 2026

$0.83vs $0.79+5.1%

$376Mvs $368M+2.3%

Q4 2025

Dec 5, 2025

$0.72

$376M

Q4 2025

Nov 6, 2025

$0.80vs $0.74+8.3%

$330Mvs $323M+2.1%

Company

Price

Market Cap

P/E Ratio

Rev Growth (1Y)

Net Margin

ROE

Div Yield

PLNTPlanet Fitness, Inc.Current

$52.30

$4.15B

19.96

12.06%

16.55%

—

0.03%

XPOFXponential Fitness, Inc.

$6.91

$257.83M

-4.70

-1.71%

-11.1%

—

VNETVNET Group, Inc.

$7.71

$2.11B

-58.20

17.18%

-21.78%

-26.68%

—

LTHLife Time Group Holdings, Inc.

$41.95

$9.34B

25.27

14.28%

12.53%

12.64%

—

PTONPeloton Interactive, Inc.

$5.82

$2.38B

-19.40

-7.77%

0.95%

—

NFLXNetflix, Inc.

$76.18

$320.78B

30.11

15.85%

28.52%

49.24%

—