Planet Fitness (PLNT)

NYSE Consumer Discretionary Leisure Facilities S&P MidCap 400

$60.31

+0.24 (+0.40%)

Close of Nov 06, 2026 · end-of-day data

Source: Planet Fitness's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$378.24M	$429.94M	$572.90M	$688.80M	$406.62M	$587.02M	$936.77M	$1.07B	$1.18B	$1.32B
Cost of revenue	$122.32M	$129.27M	$162.65M	$194.45M	$70.95M	$100.99M	$177.20M	$190.03M	$197.12M	$230.31M
Gross profit	$255.92M	$300.68M	$410.25M	$494.35M	$335.66M	$486.03M	$759.57M	$881.30M	$984.53M	$1.09B
Selling, general & admin	$50.01M	$60.37M	$72.45M	$78.82M	$68.58M	$94.54M	$114.85M	$124.93M	$129.15M	$137.63M
Operating income	$115.66M	$147.54M	$184.04M	$233.08M	$59.76M	$143.40M	$230.08M	$272.86M	$324.20M	$394.68M
Interest expense	$27.15M	$35.34M	$50.75M	$60.85M	$82.12M	$81.21M	$88.63M	$86.58M	$100.04M	$108.24M
Pre-tax income	$89.91M	$429.18M	$131.80M	$173.18M	-$14.52M	$51.96M	$161.44M	$207.54M	$246.73M	$308.98M
Income tax	$18.66M	$373.58M	$28.64M	$37.76M	$687.00K	$5.66M	$50.52M	$58.51M	$68.44M	$85.87M
Net income	$21.50M	$33.15M	$88.02M	$117.69M	-$14.99M	$42.77M	$99.40M	$138.31M	$172.04M	$219.10M
EBITDA	$147.16M	$179.30M	$219.30M	$277.43M	$113.59M	$206.19M	$354.10M	$422.28M	$484.54M	$550.46M
Gross margin	67.7%	69.9%	71.6%	71.8%	82.5%	82.8%	81.1%	82.3%	83.3%	82.6%
Operating margin	30.6%	34.3%	32.1%	33.8%	14.7%	24.4%	24.6%	25.5%	27.4%	29.8%
Net margin	5.7%	7.7%	15.4%	17.1%	-3.7%	7.3%	10.6%	12.9%	14.6%	16.5%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$40.39M	$113.08M	$289.43M	$436.26M	$439.48M	$545.91M	$409.84M	$275.84M	$293.15M	$345.65M
Short-term investments	—	—	—	—	—	—	$0	$74.90M	$114.16M	$106.76M
Receivables	$26.87M	$37.27M	$38.96M	$42.27M	$16.45M	$27.26M	$46.24M	$41.89M	$77.14M	$70.43M
Inventory	$1.80M	$2.69M	$5.12M	$877.00K	$473.00K	$1.16M	$5.27M	$4.68M	$6.15M	$7.58M
Total current assets	$91.22M	$177.00M	$388.54M	$540.14M	$566.82M	$662.41M	$555.53M	$471.82M	$588.02M	$658.39M
Goodwill	$176.98M	$176.98M	$199.51M	$227.82M	$227.82M	$228.57M	$702.69M	$717.50M	$720.63M	$712.45M
Total assets	$1.00B	$1.09B	$1.35B	$1.72B	$1.85B	$2.02B	$2.85B	$2.97B	$3.07B	$3.10B
Total current liabilities	$83.27M	$112.03M	$131.40M	$145.48M	$111.89M	$176.61M	$244.53M	$251.33M	$282.50M	$312.49M
Short-term debt	$7.18M	$7.18M	$12.00M	$17.50M	$17.50M	$17.50M	$20.75M	$20.75M	$22.50M	$23.88M
Long-term debt	$702.00M	$696.58M	$1.16B	$1.69B	$1.75B	$1.74B	$1.98B	$1.96B	$2.15B	$2.46B
Total debt	$709.19M	$703.76M	$1.17B	$1.71B	$1.77B	$1.76B	$2.00B	$1.98B	$2.17B	$2.48B
Total liabilities	$1.13B	$1.21B	$1.73B	$2.42B	$2.56B	$2.66B	$3.05B	$3.09B	$3.29B	$3.59B
Shareholders' equity	-$130.76M	-$119.49M	-$374.57M	-$706.46M	-$705.87M	-$645.36M	-$199.01M	-$115.65M	-$215.38M	-$482.78M

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$108.82M	$131.02M	$184.40M	$204.31M	$31.14M	$189.29M	$240.21M	$330.25M	$343.87M	$418.42M
Capital expenditures	$15.38M	$37.72M	$40.86M	$57.89M	$52.56M	$54.07M	$100.06M	$135.99M	$155.06M	$163.67M
Free cash flow	$93.44M	$93.30M	$143.54M	$146.42M	-$21.42M	$135.22M	$140.15M	$194.27M	$188.81M	$254.75M
Investing cash flow	-$14.69M	-$37.04M	-$86.42M	-$110.69M	-$52.28M	-$90.92M	-$506.57M	-$339.99M	-$208.71M	-$160.16M
Financing cash flow	-$85.18M	-$21.70M	$109.92M	$64.35M	$57.85M	-$10.25M	$135.72M	-$141.42M	-$105.00M	-$198.09M
Dividends paid	$169.28M	—	—	—	—	—	—	—	—	—
Share buybacks	$1.58M	—	$342.38M	$458.17M	$0	$0	$94.31M	$125.03M	$300.20M	$500.37M
Stock-based compensation	$1.73M	$2.53M	$5.48M	$4.83M	$4.78M	$8.80M	$8.07M	$7.91M	$8.91M	$12.33M
Depreciation & amortization	$31.50M	$31.76M	$35.26M	$44.35M	$53.83M	$62.80M	$124.02M	$149.41M	$160.35M	$155.78M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$285.09M	$248.02M	$300.94M	$292.25M	$340.45M	$276.66M	$340.88M	$330.35M	$376.26M	$337.24M	$365.22M	$359.98M
Cost of revenue	$57.47M	$18.99M	$51.93M	$45.70M	$80.49M	$22.48M	$59.42M	$58.16M	$90.25M	$45.34M	$64.50M	$65.37M
Gross profit	$227.62M	$229.02M	$249.01M	$246.54M	$259.96M	$254.18M	$281.46M	$272.19M	$286.01M	$291.89M	$300.73M	$294.61M
Selling, general & admin	$31.23M	$29.19M	$31.61M	$32.65M	$35.69M	$34.31M	$35.51M	$30.52M	$37.29M	$34.15M	$34.41M	$34.94M
Operating income	$71.36M	$65.82M	$87.38M	$81.25M	$89.75M	$79.20M	$102.40M	$107.07M	$106.00M	$98.67M	$123.81M	$101.48M
Interest expense	$21.80M	$21.43M	$24.53M	$26.60M	$27.47M	$26.20M	$26.18M	$26.34M	$29.52M	$32.97M	$33.40M	$34.14M
Pre-tax income	$57.83M	$50.50M	$69.50M	$59.70M	$67.03M	$59.10M	$83.85M	$87.73M	$78.30M	$71.98M	$96.13M	$72.83M
Income tax	$19.66M	$14.32M	$18.98M	$16.52M	$18.62M	$16.22M	$24.93M	$27.97M	$16.75M	$19.31M	$28.51M	$19.98M
Net income	$35.34M	$34.31M	$48.64M	$42.01M	$47.08M	$41.87M	$58.02M	$58.83M	$60.39M	$51.55M	$67.08M	$52.00M
EBITDA	$110.52M	$105.20M	$127.20M	$122.28M	$129.86M	$117.48M	$140.83M	$146.18M	$145.97M	$138.92M	$163.96M	$143.06M
Gross margin	79.8%	92.3%	82.7%	84.4%	76.4%	91.9%	82.6%	82.4%	76.0%	86.6%	82.3%	81.8%
Operating margin	25.0%	26.5%	29.0%	27.8%	26.4%	28.6%	30.0%	32.4%	28.2%	29.3%	33.9%	28.2%
Net margin	12.4%	13.8%	16.2%	14.4%	13.8%	15.1%	17.0%	17.8%	16.0%	15.3%	18.4%	14.4%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$275.84M	$301.71M	$246.96M	$298.78M	$293.15M	$343.91M	$335.72M	$329.02M	$345.65M	$375.27M	$298.26M	$310.19M
Short-term investments	$74.90M	$93.36M	$103.20M	$108.63M	$114.16M	$109.72M	$107.00M	$114.36M	$106.76M	$98.53M	$102.49M	$90.29M
Receivables	$41.89M	$23.84M	$41.33M	$48.96M	$77.14M	$38.64M	$72.85M	$70.42M	$70.43M	$41.08M	$65.62M	$73.58M
Inventory	$4.68M	$4.96M	$5.20M	$4.86M	$6.15M	$1.97M	$4.35M	$6.98M	$7.58M	$4.81M	$9.22M	$8.10M
Total current assets	$471.82M	$520.78M	$493.85M	$556.44M	$588.02M	$603.59M	$637.38M	$625.65M	$658.39M	$687.07M	$628.09M	$604.37M
Goodwill	$717.50M	$719.07M	$719.06M	$719.13M	$720.63M	$720.83M	$721.12M	$710.57M	$712.45M	$712.34M	$712.33M	$712.30M
Total assets	$2.97B	$2.99B	$2.97B	$3.05B	$3.07B	$3.09B	$3.12B	$3.06B	$3.10B	$3.10B	$3.00B	$3.10B
Total current liabilities	$251.33M	$246.50M	$272.13M	$286.29M	$282.50M	$287.45M	$310.19M	$300.44M	$312.49M	$331.74M	$396.51M	$395.44M
Short-term debt	$20.75M	$20.75M	$20.50M	$22.50M	$22.50M	$22.50M	$22.50M	$22.50M	$23.88M	$25.75M	$25.75M	$25.75M
Long-term debt	$1.96B	$1.96B	$2.16B	$2.15B	$2.15B	$2.14B	$2.14B	$2.14B	$2.46B	$2.45B	$2.45B	$2.44B
Total debt	$1.98B	$1.98B	$2.18B	$2.17B	$2.17B	$2.17B	$2.16B	$2.16B	$2.48B	$2.48B	$2.47B	$2.47B
Total liabilities	$3.09B	$3.09B	$3.29B	$3.31B	$3.29B	$3.31B	$3.28B	$3.25B	$3.59B	$3.59B	$3.62B	$3.71B
Shareholders' equity	-$115.65M	-$96.42M	-$317.66M	-$266.13M	-$215.38M	-$219.89M	-$158.69M	-$194.76M	-$482.78M	-$482.22M	-$612.74M	-$608.89M

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$63.33M	$89.73M	$78.22M	$126.79M	$49.13M	$133.93M	$43.97M	$131.47M	$109.06M	$147.52M	$45.93M	$110.44M
Capital expenditures	$51.35M	$26.31M	$38.03M	$48.62M	$42.09M	$23.05M	$35.75M	$54.78M	$50.09M	$25.50M	$41.92M	$81.52M
Free cash flow	$11.98M	$63.42M	$40.18M	$78.17M	$7.04M	$110.87M	$8.22M	$76.69M	$58.97M	$122.02M	$4.00M	$28.92M
Investing cash flow	-$92.08M	-$38.64M	-$51.79M	-$57.88M	-$60.40M	-$28.10M	-$42.86M	-$35.08M	-$54.12M	-$47.20M	$4.62M	-$40.71M
Financing cash flow	-$5.03M	-$25.00M	-$78.70M	$2.15M	-$3.45M	-$55.36M	-$10.73M	-$103.50M	-$28.51M	-$55.61M	-$135.84M	-$57.53M
Share buybacks	$0	$20.00M	$280.20M	$0	$0	$50.01M	$2.08M	$97.94M	$350.35M	$51.10M	$200.15M	$51.18M
Stock-based compensation	$1.58M	$975.00K	$1.87M	$3.12M	$2.95M	$2.63M	$3.51M	$2.99M	$3.20M	$2.98M	$3.29M	$3.24M
Depreciation & amortization	$39.16M	$39.38M	$39.82M	$41.03M	$40.12M	$38.28M	$38.43M	$39.11M	$39.97M	$40.25M	$40.14M	$41.57M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.