PLNT · Planet Fitness, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $337.24M | - | $330.35M | $340.88M | $276.66M | - | $292.25M | $300.94M | $248.02M | - |
| Cost of Revenue | $45.34M | - | $58.16M | $59.42M | $22.48M | - | $45.70M | $51.93M | $18.99M | - |
| Gross Profit | $291.89M | - | $272.19M | $281.46M | $254.18M | - | $246.54M | $249.01M | $229.02M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $34.15M | - | $30.52M | $35.51M | $34.31M | - | $32.65M | $31.61M | $29.19M | - |
| Total Operating Expenses | $238.57M | - | $223.28M | $238.48M | $197.46M | - | $211.00M | $213.56M | $182.19M | - |
| D&A | $40.25M | - | $39.11M | $38.43M | $38.28M | - | $41.03M | $39.82M | $39.38M | - |
| Operating Income | $98.67M | - | $107.07M | $102.40M | $79.20M | - | $81.25M | $87.38M | $65.82M | - |
| Interest Expense | $32.97M | - | $26.34M | $26.18M | $21.43M | - | $21.70M | $24.53M | $21.43M | - |
| Income Tax | $19.31M | - | $27.97M | $24.93M | $16.22M | - | $16.52M | $18.98M | $14.32M | - |
| Net Income | $51.55M | - | $58.83M | $58.02M | $41.87M | - | $42.01M | $48.64M | $34.31M | - |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $375.27M | $345.65M | $329.02M | $335.72M | $343.91M | $293.15M | $298.78M | $246.96M | $301.71M | $275.84M |
| Accounts Receivable | $41.08M | $70.43M | $70.42M | $72.85M | $38.64M | $77.14M | $48.96M | $41.33M | $23.84M | $41.89M |
| Inventory | $4.81M | $7.58M | $6.98M | $4.35M | $1.97M | $6.15M | $4.86M | $5.20M | $4.96M | $4.68M |
| Accounts Payable | $33.09M | $39.68M | $48.01M | $49.13M | $25.76M | $32.89M | $31.84M | $29.73M | $20.56M | $23.79M |
| Current Assets | $687.07M | $658.39M | $625.65M | $637.38M | $603.59M | $588.02M | $556.44M | $493.85M | $520.78M | $471.82M |
| Total Assets | $3.10B | $3.10B | $3.06B | $3.12B | $3.09B | $3.07B | $3.05B | $2.97B | $2.99B | $2.97B |
| Current Liabilities | $331.74M | $312.49M | $300.44M | $310.19M | $287.45M | $282.50M | $286.29M | $272.13M | $246.50M | $251.33M |
| Long-term Debt | $2.45B | $2.46B | $2.14B | $2.14B | $2.14B | $2.15B | $2.15B | $2.16B | $1.96B | $1.96B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | ($482.22M) | ($482.78M) | ($194.76M) | ($158.69M) | ($219.89M) | ($215.38M) | ($266.13M) | ($317.66M) | ($96.42M) | ($115.65M) |
| Retained Earnings | ($1.11B) | ($1.11B) | ($814.83M) | ($774.75M) | ($830.74M) | ($822.16M) | ($869.31M) | ($910.63M) | ($677.32M) | ($691.46M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $147.52M | - | - | - | $133.93M | - | - | - | $89.73M | - |
| Investing Cash Flow | ($47.20M) | - | - | - | ($28.10M) | - | - | - | ($38.64M) | - |
| Financing Cash Flow | ($55.61M) | - | - | - | ($55.36M) | - | - | - | ($25.00M) | - |
| CapEx | $25.50M | - | - | - | $23.05M | - | - | - | $26.31M | - |
| Free Cash Flow | $122.02M | - | - | - | $110.87M | - | - | - | $63.42M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 86.6% | - | 82.4% | 82.6% | 91.9% | - | 84.4% | 82.7% | 92.3% | - |
| Operating margin | 29.3% | - | 32.4% | 30.0% | 28.6% | - | 27.8% | 29.0% | 26.5% | - |
| EBITDA margin | 41.2% | - | 44.2% | 41.3% | 42.5% | - | 41.8% | 42.3% | 42.4% | - |
| Net margin | 15.3% | - | 17.8% | 17.0% | 15.1% | - | 14.4% | 16.2% | 13.8% | - |
| Free cash flow margin | 36.2% | - | - | - | 40.1% | - | - | - | 25.6% | - |
| FCF / Net income | 2.37 | - | - | - | 2.65 | - | - | - | 1.85 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 10.1% | - | 9.2% | 10.4% | 12.4% | - | 11.2% | 10.5% | 11.8% | - |
| Effective tax rate | 27.2% | - | 32.2% | 30.1% | 27.9% | - | 28.2% | 28.1% | 29.5% | - |
| Return on assets | 1.7% | - | 1.9% | 1.9% | 1.4% | - | 1.4% | 1.6% | 1.1% | - |
| Return on equity | -10.7% | - | -30.2% | -36.6% | -19.0% | - | -15.8% | -15.3% | -35.6% | - |
| Return on invested capital | 3.6% | - | 3.7% | 3.6% | 3.0% | - | 3.1% | 3.4% | 2.5% | - |
| Liquidity | ||||||||||
| Current ratio | 2.07 | 2.11 | 2.08 | 2.05 | 2.10 | 2.08 | 1.94 | 1.81 | 2.11 | 1.88 |
| Quick ratio | 2.06 | 2.08 | 2.06 | 2.04 | 2.09 | 2.06 | 1.93 | 1.80 | 2.09 | 1.86 |
| Cash ratio | 1.13 | 1.11 | 1.10 | 1.08 | 1.20 | 1.04 | 1.04 | 0.91 | 1.22 | 1.10 |
| Leverage | ||||||||||
| Debt / Equity | -5.09 | -5.09 | -10.96 | -13.48 | -9.75 | -9.97 | -8.09 | -6.79 | -20.32 | -16.97 |
| Debt / Assets | 0.79 | 0.79 | 0.70 | 0.69 | 0.69 | 0.70 | 0.71 | 0.73 | 0.65 | 0.66 |
| Debt / EBITDA | 17.66 | - | 14.61 | 15.19 | 18.25 | - | 17.60 | 16.95 | 18.62 | - |
| Interest coverage | 3.0x | - | 4.1x | 3.9x | 3.7x | - | 3.7x | 3.6x | 3.1x | - |
| Equity multiplier | -6.44 | -6.43 | -15.70 | -19.66 | -14.06 | -14.25 | -11.45 | -9.36 | -31.04 | -25.68 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.11 | - | 0.11 | 0.11 | 0.09 | - | 0.10 | 0.10 | 0.08 | - |
| Inventory turnover | 9.43 | - | 8.33 | 13.67 | 11.39 | - | 9.41 | 9.99 | 3.83 | - |
| Days sales outstanding | 44d | - | 78d | 78d | 51d | - | 61d | 50d | 35d | - |
| Days inventory outstanding | 39d | - | 44d | 27d | 32d | - | 39d | 37d | 95d | - |
| Days payable outstanding | 266d | - | 301d | 302d | 418d | - | 254d | 209d | 395d | - |
| Cash conversion cycle | -183d | - | -180d | -197d | -335d | - | -154d | -122d | -265d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 21.9% | - | 13.0% | 13.3% | 11.5% | - | 5.3% | 5.1% | 11.6% | - |
| Revenue CAGR (3y) | 14.9% | - | 10.6% | 14.9% | 14.0% | - | 23.7% | 29.9% | 30.4% | - |
| Revenue CAGR (5y) | 24.7% | - | 25.7% | 53.3% | 16.8% | - | 11.9% | 10.6% | 10.8% | - |
| Gross profit growth (YoY) | 14.8% | - | 10.4% | 13.0% | 11.0% | - | 10.2% | 9.7% | 12.9% | - |
| Operating income growth (YoY) | 24.6% | - | 31.8% | 17.2% | 20.3% | - | 12.3% | 13.5% | 26.2% | - |
| Net income growth (YoY) | 23.1% | - | 40.0% | 19.3% | 22.0% | - | 7.3% | 18.2% | 51.1% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 10.1% | - | - | - | 74.8% | - | - | - | -15.3% | - |
| FCF CAGR (5y) | 48.0% | - | - | - | 11.6% | - | - | - | 4.7% | - |
| Book value growth (YoY) | -119.3% | -124.2% | 26.8% | 50.0% | -128.1% | -86.2% | -69.4% | -57.3% | 36.2% | 41.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.32B totalCorporate Owned Club Segment$546.10M · 41.2%
Franchise Segment$467.96M · 35.3%
Equipment Segment$310.09M · 23.4%
Product / service
$1.33B totalCorporate Owned Clubs$546.10M · 41.0%
Franchise$380.97M · 28.6%
Equipment Revenue$310.09M · 23.3%
Advertising$86.99M · 6.5%
Administrative Service$6.60M · 0.5%
Geographic
$1.32B totalAmericas$1.28B · 97.0%
Non Us$39.52M · 3.0%
Peer comparison
Same SIC group: Services-Membership Sports & Recreation Clubs
Comparing Planet Fitness against the 4 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Nov 18, 2016 | $2.7800 |