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Planet Fitness PLNT Equipment deposits

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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$4.1B-27.3%

Profitability

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Gross margin81.7%-1.7pp
Operating margin29.9%+2.0pp
Net margin16.5%+1.7pp
FCF margin19.2%-0.3pp

Returns & leverage

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Debt / equity50.9×
Current ratio2.1×0.0×

Where this comes from

Reported directly by Planet Fitness in its filing.

Tagged under the XBRL concept plnt:IncreaseDecreaseInContractWithCustomerCustomerDepositsLiability.

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 equipment deposits?
Planet Fitness (PLNT) reported equipment deposits of -$2.75M in Q1 2026.
How has Planet Fitness's equipment deposits changed year-over-year?
Planet Fitness's equipment deposits decreased by 531.9% year-over-year, from $637K to -$2.75M.
What does equipment deposits mean?
This represents the change in cash received from customers in advance of the company fulfilling its performance obligations, specifically related to equipment or service deposits. It serves as a key indicator of future revenue visibility and customer demand for upcoming equipment installations or service rollouts. An increase in deposits generally signals strong forward-looking business activity.