Planet Fitness cuts 2026 same club sales outlook to about 1% on slower member growth
Planet Fitness reported first quarter 2026 revenue up 21.9% to $337.2 million and diluted earnings per share of $0.65, up from $0.50. The company cut several 2026 growth expectations after lower-than-planned net member joins in the first quarter and a decision to pause the national Black Card price increase, which affects shareholders' view of full-year results.
Key points
- Q1 2026 revenue rose 21.9% to $337.2 million; net income attributable to Planet Fitness was $51.6 million, or $0.65 per diluted share, versus $0.50 a year earlier.
- 2026 same club sales growth outlook cut to about 1% from 4% to 5%; revenue growth outlook cut to about 7% from about 9%.
- Adjusted EBITDA growth outlook cut to about 6% from about 10%; adjusted net income now expected to decrease about 2% versus a prior increase of 4% to 5%.
- Company repurchased and retired 613,725 shares for $50.0 million in the quarter and ended the period with about 21.5 million members.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.