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Planet Fitness PLNT Q2 2026 earnings

Reported August 6, 2026 · Before market open

Revenue$365.2MBeat by $9.0M
EPS$0.88Beat by $0.03
Revenue estimate$356.2M
EPS estimate$0.85
During the second quarter, we made important progress advancing our strategies to reignite sustainable member growth. We are moving quickly with several actions to clearly communicate our differentiated welcoming, non-intimidating environment in the immediate term, while we work in parallel to develop a new marketing campaign that sets the brand up for success with a broader audience in the coming months. At the same time, we initiated and expanded tests around pricing, member experience, and retention, and look forward to applying the learnings to enhance our future performance. We concluded the second quarter with the appointment of Sudhanshu Priyadarshi as Chief Financial Officer & President, International. We are thrilled to have someone of Sudhanshu's caliber on the team with his deep global leadership experience and I look forward to partnering with him to deliver meaningful value for our members, franchisees, and shareholders.
Colleen Keating

Next report

Nov 5, 2026 (in 2 months)
Revenue estimate$347.9M
EPS estimate$0.79

Financials

Q2 2026

Income statement

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Revenue$365.2M+7.1%
Gross profit$300.7M+6.8%
Operating income$123.8M+20.9%
Net income$67.1M+15.6%
EPS (diluted)$0.87+26.1%

Balance sheet

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Cash & equivalents$371.2M-5.3%
Total debt$3.0B+13.4%
Total equity-$612.7M-286%
Total assets$3.0B-3.7%

Cash flow

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Operating cash flow$45.9M+4.5%
CapEx$41.9M+17.3%
Free cash flow$4.0M-51.3%

Valuation & ratios

Valuation

as of 09/16/26
See full
Market cap$3.84B-54.6%
Enterprise value$6.45B-39.7%
P/E16.1×-28.6×
P/S2.7×-4.0×

Profitability

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Gross margin81.7%-1.7pp
Operating margin30.9%+2.7pp
Net margin16.9%+1.8pp
FCF margin18.6%+2.2pp

Returns & leverage

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Current ratio1.6×-0.5×

Segments

By product

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Corporate-owned clubs$143.9M+3.5%
Franchise$102.9M+6.2%
National advertising fund revenue$32.9M+44.5%

By segment

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Franchise$135.8M+13.5%
Equipment$85.6M+4.1%

By geography

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Rest of world$12.6M+72.2%

FAQ

When did Planet Fitness report Q2 2026 earnings?
Planet Fitness (PLNT) reported Q2 2026 earnings on August 6, 2026 before market open.
What were Planet Fitness's Q2 2026 revenue and EPS?
Planet Fitness reported revenue of $365.2M and eps of $0.88 for Q2 2026.
Did Planet Fitness beat estimates in Q2 2026?
Revenue beat the consensus estimate of $356.2M by $9.0M. EPS beat the consensus estimate of $0.85 by $0.03.
How did Planet Fitness's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 7.1% from $340.9M a year earlier and eps grew 2.3% from $0.86.
Where can I find Planet Fitness's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001637207-26-000042) and the 10-Q periodic report (0001637207-26-000044) directly on SEC EDGAR. The filing index links above go to sec.gov.