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Planet Fitness (PLNT)

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Earnings summaries and quarterly performance for Planet Fitness.

Research analysts who have asked questions during Planet Fitness earnings calls.

RK

Rahul Krotthapalli

JPMorgan Chase & Co.

6 questions for PLNT

Also covers: BROS, CAKE, CAVA +8 more
SZ

Sharon Zackfia

William Blair & Company

6 questions for PLNT

Also covers: BIRK, BJRI, BRCB +17 more
JK

Jonathan Komp

Robert W. Baird & Co.

5 questions for PLNT

Also covers: AS, BOOT, COLM +12 more
JA

Joseph Altobello

Raymond James & Associates, Inc.

5 questions for PLNT

Also covers: BC, BRCC, CWH +16 more
Randal Konik

Randal Konik

Jefferies LLC

5 questions for PLNT

Also covers: AKA, BIRK, BOWL +11 more
Simeon Siegel

Simeon Siegel

BMO Capital Markets

5 questions for PLNT

Also covers: AEO, BBWI, BIRK +17 more
John Heinbockel

John Heinbockel

Guggenheim Partners

4 questions for PLNT

Also covers: ACI, ASO, COST +14 more
CO

Chris O'cull

Stifel Financial Corp

3 questions for PLNT

Also covers: BROS, CAVA, CMG +11 more
MR

Maksim Rakhlenko

Cowen and Company

3 questions for PLNT

Also covers: BOOT, FND, OSW +3 more
Max Rakhlenko

Max Rakhlenko

TD Cowen

3 questions for PLNT

Also covers: ARHS, BOOT, FND +4 more
Xian Siew

Xian Siew

BNP Paribas

3 questions for PLNT

Also covers: BC, DOOO, MANU +3 more
Alexander Perry

Alexander Perry

Bank of America

2 questions for PLNT

Also covers: COLM, CWH, FOXF +11 more
JT

John Tsu

BNP Paribas

2 questions for PLNT

JS

J.P. Scafidi

ROTH Capital Partners

1 question for PLNT

KW

Korinne Wolfmeyer

Piper Sandler & Co.

1 question for PLNT

Also covers: AIRS, BBWI, CHD +14 more
LR

Logan Reich

RBC Capital Markets

1 question for PLNT

Also covers: BROS, CAVA, DPZ +5 more
LH

Lucas Hudson

Bank of America

1 question for PLNT

Also covers: GOOS, MODG
Madison Callinan

Madison Callinan

Canaccord Genuity

1 question for PLNT

Also covers: CENT, DRVN, DTC +4 more
ML

Marni Lysaght

Macquarie Group

1 question for PLNT

Martin Mitela

Martin Mitela

Raymond James & Associates, Inc.

1 question for PLNT

Also covers: BRCC, GOLF, HLLY +3 more
Megan Christine Alexander

Megan Christine Alexander

Morgan Stanley

1 question for PLNT

Also covers: BC, CAG, COOK +15 more
Megan Clapp

Megan Clapp

Morgan Stanley

1 question for PLNT

Also covers: BRBR, CAG, CPB +14 more
RK

Randy Konik

Jefferies

1 question for PLNT

Also covers: BIRK, GOLF, MANU +4 more
Stephen Grambling

Stephen Grambling

Morgan Stanley

1 question for PLNT

Also covers: BC, BYD, CHH +23 more

Recent press releases and 8-K filings for PLNT.

Planet Fitness Reports Strong Q4 and Full-Year 2025 Results, Provides 2026 Guidance
PLNT
Earnings
Guidance Update
Share Buyback
  • Planet Fitness reported strong financial performance for Q4 2025, with total revenue of $376.3 million, adjusted diluted EPS of $0.83, and adjusted EBITDA of $146.3 million. System-wide same-club sales grew 5.7%, and Black Card penetration reached an all-time high of 66.5%.
  • For the full year 2025, revenue increased 12%, adjusted EBITDA grew 13%, and adjusted diluted EPS increased 19%, driven by 6.7% same-club sales growth. The company ended the year with approximately 20.8 million members and opened 181 new clubs.
  • The company provided 2026 guidance, expecting system-wide same-club sales growth of 4%-5%, total revenue growth of approximately 9%, adjusted EBITDA growth of approximately 10%, and adjusted diluted EPS growth of 9%-10%. They anticipate opening 180-190 new clubs.
  • The 2026 guidance reflects the lowest growth year in their three-year algorithm due to an extended equipment replacement cycle and the sale of 8 corporate-owned clubs in California, which had an estimated 300 basis point impact to top line and 200 basis point impact to EBITDA. A Black Card price increase is planned for after the peak join season, likely in Q3.
Feb 24, 2026, 1:00 PM
Planet Fitness Reports Strong Q4 and Full-Year 2025 Results, Provides 2026 Outlook
PLNT
Earnings
Guidance Update
Share Buyback
  • Planet Fitness reported strong Q4 2025 financial results, with total revenue of $376.3 million, adjusted diluted EPS of $0.83, and adjusted EBITDA of $146.3 million.
  • For the full year 2025, the company achieved 12% revenue growth, 13% adjusted EBITDA growth, and 19% adjusted diluted EPS growth, ending the year with approximately 20.8 million members and 181 new club openings.
  • The company executed a $350 million accelerated share repurchase and refinanced approximately $400 million of debt, upsizing it to $750 million at a 5.4% blended coupon.
  • For 2026, Planet Fitness anticipates a 4-5% comp guide, with lower comparable store sales in the first half and higher in the second half, and plans a Black Card price increase after the peak join season.
Feb 24, 2026, 1:00 PM
Planet Fitness Reports Strong Q4 and Full-Year 2025 Results, Issues 2026 Guidance
PLNT
Earnings
Guidance Update
Share Buyback
  • Planet Fitness reported strong full-year 2025 financial results, with revenue increasing 12%, adjusted EBITDA up 13%, and adjusted diluted EPS growing 19%, alongside 6.7% same-club sales growth.
  • In Q4 2025, the company opened 104 new clubs and achieved an all-time high Black Card penetration of 66.5%, ending the year with approximately 20.8 million members.
  • For 2026, Planet Fitness provided guidance including total revenue growth of approximately 9%, adjusted EBITDA growth of approximately 10%, and adjusted diluted EPS growth of 9%-10%, with expected system-wide same-club sales growth of 4%-5% and 180-190 new club openings.
  • The company returned nearly $800 million to shareholders through buybacks over the last two years and plans to repurchase approximately $150 million worth of shares in 2026.
Feb 24, 2026, 1:00 PM
Planet Fitness Announces Fourth Quarter and Year-End 2025 Results
PLNT
Earnings
Guidance Update
  • Planet Fitness reported total revenue of $376.3 million for Q4 2025, an increase of 10.5% from the prior year period, and $1.3 billion for the full year 2025, up 12.1%.
  • For the full year 2025, net membership grew by 1.1 million, bringing the total to approximately 20.8 million members, and the company opened 181 new clubs system-wide, reaching 2,896 total clubs as of December 31, 2025.
  • The company provided a 2026 outlook, expecting system-wide same club sales growth in the 4% to 5% range, revenue to increase approximately 9%, and adjusted net income per share, diluted, to increase in the 9% to 10% range.
Feb 24, 2026, 11:30 AM
Planet Fitness Announces Strong Q4 and Full-Year 2025 Results with Positive 2026 Outlook
PLNT
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Planet Fitness reported strong financial results for 2025, with total revenue increasing 12.1% to $1.3 billion and net income attributable to Planet Fitness, Inc. reaching $219.1 million ($2.62 per diluted share) for the full year.
  • Operational highlights for 2025 include a 6.7% increase in system-wide same club sales and 1.1 million net membership growth, bringing total members to approximately 20.8 million.
  • For the fourth quarter of 2025, total revenue grew 10.5% to $376.3 million, and Adjusted EBITDA increased $15.4 million to $146.3 million.
  • The company issued a positive 2026 outlook, projecting revenue to increase approximately 9%, Adjusted EBITDA to increase approximately 10%, and system-wide same club sales growth in the 4% to 5% range.
Feb 24, 2026, 11:30 AM
Planet Fitness Discusses 2025 Performance and 2026 Outlook
PLNT
Guidance Update
Share Buyback
Revenue Acceleration/Inflection
  • Planet Fitness reported strong 2025 results, including 20.8 million members and 181 new unit openings, with comparable store sales increasing by 6.7%.
  • The company plans to raise the Black Card membership price from $24.99 to $29.99, supported by an all-time high Black Card penetration of over 66% by Q3 2025.
  • For 2026, Planet Fitness anticipates 6%-7% unit growth over the planning horizon, expecting to open under 200 units in 2026 and exceeding 200 in 2027 and 2028.
  • Capital allocation priorities include investing in business growth, returning value to shareholders through buybacks (including a $350 million Accelerated Share Repurchase and $150 million in prior buybacks), and maintaining a leverage profile in the 4-6x range.
  • Real estate availability is improving, with vacancy rates increasing to 4.3%-4.4%, and rent growth moderated below the rate of inflation in the first two quarters of 2025.
Jan 13, 2026, 3:30 PM
Planet Fitness Reviews Strong 2025 Performance and Outlines 2026 Strategy
PLNT
Guidance Update
Share Buyback
New Projects/Investments
  • Planet Fitness reported strong 2025 results, including 20.8 million members, 181 new unit openings, and 6.7% comparable sales.
  • The company plans to raise the Black Card membership price from $24.99 to $29.99, supported by increased Black Card penetration (over 66% by Q3 2025) and perceived value.
  • Planet Fitness reiterated its long-term outlook for 6%-7% unit growth, projecting under 200 new unit openings in 2026 and over 200 in 2027 and 2028.
  • Capital allocation priorities include investing in growth, returning value to shareholders via buybacks (including a $350 million ASR and $150 million in prior buybacks), and maintaining a 4-6x leverage profile.
  • International expansion is progressing, with the first club in Spain showing strong performance, and plans to refranchise Spain while targeting one to two new international markets annually.
Jan 13, 2026, 3:30 PM
Planet Fitness Discusses 2025 Momentum and 2026 Outlook at ICR Conference
PLNT
Guidance Update
Share Buyback
New Projects/Investments
  • Planet Fitness reported strong 2025 results, including 20.8 million members, 181 new unit openings, and 6.7% comparable store sales. The company also saw a significant increase in High School Summer Pass participation, reaching 3.7 million participants in 2025.
  • The company plans a Black Card price increase from $24.99 to $29.99, supported by an all-time high Black Card penetration of over 66% by Q3 2025. Planet Fitness maintains a 6%-7% unit growth outlook over the planning horizon, with 2026 expected to be under 200 new openings and exceeding 200 in 2027 and 2028.
  • Planet Fitness emphasizes a capital-light model and has returned value to shareholders through $150 million in buybacks and a $350 million Accelerated Share Repurchase (ASR). For 2026, the company anticipates revenue increases from a 1% shift from LAF to NAF, offset by a headwind in the equipment segment, and an impact to interest expense partially mitigated by the ASR.
Jan 13, 2026, 3:30 PM
Planet Fitness Announces Key 2025 Year-End Operational Metrics
PLNT
Revenue Acceleration/Inflection
New Projects/Investments
  • Planet Fitness ended 2025 with approximately 20.8 million members.
  • The company reported a full year System-Wide Same Club Sales increase of 6.7% for 2025.
  • In 2025, Planet Fitness opened 181 new clubs, bringing the system-wide total to 2,896 clubs.
  • Planet Fitness plans to release its full fiscal year 2025 results and 2026 outlook on February 24, 2026.
Jan 12, 2026, 1:02 PM
Planet Fitness Announces Key Year-End 2025 Operational Metrics
PLNT
Revenue Acceleration/Inflection
Guidance Update
New Projects/Investments
  • Planet Fitness ended 2025 with approximately 20.8 million total members.
  • Full year System-Wide Same Club Sales increased by 6.7% in 2025.
  • The company opened 181 new clubs and placed equipment in 152 new franchised clubs in 2025, bringing the total system-wide clubs to 2,896 as of December 31, 2025.
  • Planet Fitness plans to release its full fiscal year 2025 results and 2026 outlook on February 24, 2026.
Jan 12, 2026, 1:00 PM