Planet Fitness, Inc. (PLNT) Form 10-Q — Aug 6, 2026
Planet Fitness reported second-quarter 2026 revenue of $365.2 million, up 7.1% from $340.9 million a year earlier, with net income attributable to the company of $67.1 million and diluted EPS of $0.87 versus $0.69 in the prior-year quarter. Six-month revenue rose to $702.5 million from $617.5 million, with diluted EPS of $1.51 versus $1.19. Underneath the headline growth, same club sales decelerated sharply to +1.7% system-wide from +8.2% a year ago, and quarterly Adjusted net income slipped to $68.4 million from $72.6 million as interest expense jumped 27.6% to $33.4 million following the December 2025 senior notes issuance and a full $75.0 million draw on its Variable Funding Notes.
Key figures
- Eps
- 0.87
- Revenue
- 365223000
- Net Income
- 67082000
- Revenue Yoy
- 7.1%
- Total Assets
- 3004945000
- Cash Position
- 298265000
- Shares Outstanding
- 75216965
- Members
- approximately 21.5 million
- Total clubs
- 2930
- Six month revenue
- 702459000
- Vfn interest rate
- 5.5%
- Adjusted ebitda q2
- 152753000
- Interest expense q2
- 33401000
- Interest expense yoy
- 27.6%
- New club commitments
- approximately 800
- System wide sales q2
- $1.4 billion
- Corporate owned clubs
- 294
- Effective tax rate q2
- 29.7%
- Six month diluted eps
- 1.51
- Adjusted net income q2
- 68449000
- Franchisee owned clubs
- 2636
- Adjusted eps diluted q2
- 0.88
- Same club sales growth q2
- 1.7%
- Share repurchases h1 2026
- 250000000
- Variable funding notes drawn
- 75000000
- Remaining buyback authorization
- 250000000
- Tax benefit arrangement liability
- 361366000
- Gain on sale of equity method investment
- 12500000
Price after filing
Close on the filing date to close N calendar days later (from $55.97). Historical, not a forecast.
AI analysis
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