v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue:        
Total revenue $ 365,223 $ 340,879 $ 702,459 $ 617,541
Operating costs and expenses:        
Cost of revenue 64,495 59,423 109,836 81,908
Club operations 81,698 77,437 169,892 159,117
Selling, general and administrative 34,406 35,511 68,556 69,818
National advertising fund expense 32,922 22,777 65,140 44,721
Depreciation and amortization 40,143 38,429 80,394 76,710
Other (gains) losses, net (12,254) 4,900 (13,841) 3,663
Total operating costs and expenses 241,410 238,477 479,977 435,937
Income from operations 123,813 102,402 222,482 181,604
Other income (expense), net:        
Interest income 5,271 5,690 10,933 11,502
Interest expense (33,401) (26,181) (66,368) (52,378)
Other income, net 446 1,942 1,061 2,225
Total other (expense), net (27,684) (18,549) (54,374) (38,651)
Income before income taxes 96,129 83,853 168,108 142,953
Provision for income taxes 28,513 24,930 47,822 41,146
Loss from equity-method investments, net of tax (212) (628) (1,086) (1,433)
Net income 67,404 58,295 119,200 100,374
Less: net income attributable to non-controlling interests 322 276 564 488
Net income attributable to Planet Fitness, Inc. $ 67,082 $ 58,019 $ 118,636 $ 99,886
Class A common stock        
Net income per share of Class A common stock:        
Basic (in usd per share) $ 0.87 $ 0.69 $ 1.52 $ 1.19
Diluted (in usd per share) $ 0.87 $ 0.69 $ 1.51 $ 1.19
Weighted-average shares of Class A common stock outstanding:        
Basic (in shares) 77,030,275 83,861,016 78,295,667 84,014,883
Diluted (in shares) 77,145,782 84,065,228 78,455,044 84,232,536
Franchise        
Revenue:        
Total revenue $ 102,856 $ 96,877 $ 205,105 $ 190,117
National advertising fund revenue        
Revenue:        
Total revenue 32,922 22,781 65,140 44,721
Corporate-owned clubs        
Revenue:        
Total revenue 143,862 138,989 284,484 272,658
Equipment        
Revenue:        
Total revenue $ 85,583 $ 82,232 $ 147,730 $ 110,045