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Planet Fitness PLNT Franchise — National advertising fund expense

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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$4.05B-54.5%
Enterprise value$6.67B-40.1%
P/E17×-30.1×
P/S2.9×-4.2×

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 plnt:AdvertisingFundExpense.

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)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Cost of revenue64,49559,423109,83681,908
Club operations81,69877,437169,892159,117
Selling, general and administrative34,40635,51168,55669,818
National advertising fund expense32,92222,77765,14044,721
Depreciation and amortization40,14338,42980,39476,710
Other (gains) losses, net(12,254)4,900(13,841)3,663
Total operating costs and expenses241,410238,477479,977435,937
Income from operations123,813102,402222,482181,604

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Planet Fitness's franchise — national advertising fund expense?
Planet Fitness (PLNT) reported franchise — national advertising fund expense of $32.92M in Q2 2026.
How has Planet Fitness's franchise — national advertising fund expense changed year-over-year?
Planet Fitness's franchise — national advertising fund expense increased by 44.5% year-over-year, from $22.78M to $32.92M.
What is the long-term trend for Planet Fitness's franchise — national advertising fund expense?
Over 3 years (2022 to 2025), Planet Fitness's franchise — national advertising fund expense has grown at a 9.8% compound annual growth rate (CAGR), from $66.12M to $87.58M.
What does franchise — national advertising fund expense mean?
Represents the expenditures dedicated to national brand marketing and promotional campaigns funded by the franchise segment. This investment is critical for maintaining brand awareness and driving member acquisition across the entire franchise network. It reflects the company's commitment to supporting the competitive positioning of its franchisees.

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