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Planet Fitness PLNT Gross margin

Gross margin at other companies

Life Time Group Holdings logo
Life Time Group HoldingsLTH
47.9%+0.7pp
Domino's Pizza logo
Domino's PizzaDPZ
40.1%+0.6pp
Wingstop logo
WingstopWING
86.2%+0.5pp

Other financials

Income statement

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Revenue$337.2M+21.9%
Gross profit$291.9M+14.8%
Operating income$98.7M+24.6%
Net income$51.6M+23.1%
EPS (diluted)$0.65+30.0%

Balance sheet

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Cash & equivalents$456.5M+14.0%
Total debt$2.9B+11.4%
Total equity-$482.2M-119%
Total assets$3.1B+0.4%

Cash flow

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Operating cash flow$147.5M+10.2%
CapEx$25.5M+10.6%
Free cash flow$122.0M+10.1%

Valuation

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Market cap$4.19B-27.3%
Enterprise value$6.67B-19.0%
P/E18.3×-13.8×
P/S-1.7×

Profitability

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Operating margin29.9%+2.0pp
Net margin16.5%+1.7pp
FCF margin19.2%-0.3pp

Returns & leverage

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Return on equity-65.2%
Debt / equity50.9×
Current ratio2.1×0.0×

Where this comes from

Calculated from Planet Fitness’s reported figures.

Based on trailing twelve months.

The official record: Planet Fitness’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Planet Fitness's gross margin?
Planet Fitness (PLNT) reported gross margin of 81.7% in Q1 2026.
How has Planet Fitness's gross margin changed year-over-year?
Planet Fitness's gross margin decreased by 2.0% year-over-year, from 83.4% to 81.7%.
What is the long-term trend for Planet Fitness's gross margin?
Over 5 years (2020 to 2025), Planet Fitness's gross margin has grown at a 0.0% compound annual growth rate (CAGR), from 82.5% to 82.6%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.