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Planet Fitness PLNT Contract Liabilities

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$32.3M-5.8%

Other financials

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

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Market cap$3.78B-57.5%
Enterprise value$6.39B-42.5%
P/E15.9×-31.1×
P/S2.7×-4.4×

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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Return on equity-61.7%
Debt / equity50.9×
Current ratio1.6×-0.5×

Where this comes from

Reported directly by Planet Fitness in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The source filing: Planet Fitness’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001637207-26-000044
(in thousands, except per share amounts)June 30, 2026December 31, 2025
Total current liabilities396,514312,490
Long-term debt, net of current maturities2,448,2822,458,379
Lease liabilities, net of current portion415,568419,120
Deferred revenue, net of current portion30,21729,657
Deferred tax liabilities9681,177
Payable pursuant to tax benefit arrangements, net of current portion322,925360,273
Other liabilities5,2095,677
Total noncurrent liabilities3,223,1693,274,283

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Planet Fitness's contract liabilities?
Planet Fitness (PLNT) reported contract liabilities of $30.22M in Q2 2026.
How has Planet Fitness's contract liabilities changed year-over-year?
Planet Fitness's contract liabilities decreased by 1.7% year-over-year, from $30.75M to $30.22M.
What is the long-term trend for Planet Fitness's contract liabilities?
Over 5 years (2020 to 2025), Planet Fitness's contract liabilities has grown at a -1.9% compound annual growth rate (CAGR), from $32.59M to $29.66M.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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