Quarterly ResultMay 7, 2026, 04:37 PM
Planet Fitness Q1 Revenue +21.9% to $337.2M; EPS $0.65
AI Summary
Planet Fitness, Inc. reported strong financial results for the first quarter ended March 31, 2026, with total revenue increasing by 21.9% to $337.2 million. Net income attributable to Planet Fitness, Inc. rose by 23.1% to $51.6 million, leading to a diluted EPS of $0.65. The company also saw significant growth in equipment revenue and generated substantial cash from operating activities. As of March 31, 2026, Planet Fitness had approximately 21.5 million members across 2,909 locations.
Key Highlights
- Total revenue increased 21.9% to $337.2 million for Q1 2026.
- Net income attributable to Planet Fitness, Inc. rose 23.1% to $51.6 million.
- Diluted EPS for Class A common stock was $0.65, up from $0.50.
- Equipment revenue surged 123.4% to $62.1 million in Q1 2026.
- Franchise revenue grew 9.7% to $102.2 million for the quarter.
- Net cash provided by operating activities was $147.5 million, up 10.1%.
- Repurchased $51.1 million of Class A common stock in Q1 2026.
- Company had 21.5 million members and 2,909 clubs as of March 31, 2026.
Price Impact
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