Business
Planet Fitness, Inc. Announces First Quarter 2026 Results
Today, Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its first quarter ended March 31, 2026.
About this update from Planet Fitness, Inc.
[{"type":"text","content":"System-wide same club sales increased 3.5%Ended first quarter with total membership of approximately 21.5 millionCompany updates 2026 outlook","length":143,"tagName":"p","attribs":{}},{"type":"text","content":"HAMPTON, N.H., May 7, 2026 /PRNewswire/ -- Today, Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its first quarter ended March 31, 2026.","length":169,"tagName":"p"},{"type":"text","content":"First Quarter Fiscal 2026 Highlights","length":36,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total revenue increased from the prior year period by 21.9% to $337.2 million.","length":78,"tagName":"p"}]},{"val":[{"type":"text","content":"System-wide same club sales increased 3.5%.","length":43,"tagName":"p"}]},{"val":[{"type":"text","content":"System-wide sales increased $88.0 million to $1.4 billion, from $1.3 billion in the prior year period.","length":102,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income attributable to Planet Fitness, Inc. was $51.6 million, or $0.65 per diluted share, compared to $41.9 million, or $0.50 per diluted share, in the prior year period.","length":175,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income increased $9.7 million to $51.8 million, compared to $42.1 million in the prior year period.","length":103,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted net income(1) increased $9.4 million to $59.4 million, or $0.74 per diluted share(1), compared to $50.0 million, or $0.59 per diluted share, in the prior year period.","length":175,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA(1) increased $22.9 million to $139.9 million from $117.0 million in the prior year period.","length":106,"tagName":"p"}]},{"val":[{"type":"text","content":"15 new Planet Fitness clubs were opened system-wide during the period, all of which were franchisee-owned, bringing system-wide total clubs to 2,909 as of March 31, 2026.","length":175,"tagName":"p"}]},{"val":[{"type":"text","content":"Repurchased and retired 613,725 shares of Class A common stock using $50.0 million of cash on hand.","length":99,"tagName":"p"}]},{"val":[{"type":"text","content":"Cash and marketable securities of $652.0 million, which includes cash and cash equivalents of $375.3 million, restricted cash of $81.2 million and marketable securit...