NYSE$PLNT
Planet Fitness Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Planet Fitness reported first quarter results, showing a decrease in total revenue and net income compared to the prior year, but highlighted sequential net member growth and strategic partnerships.
Planet Fitness, Inc. reported a 12.1% decrease in total revenue to $111.9 million for the first quarter of 2021, with net income attributable to Planet Fitness, Inc. at $5.6 million, or $0.07 per diluted share. The company ended the quarter with 14.1 million members and opened 22 new stores. While facing challenges from the COVID-19 pandemic, the company saw sequential net member growth each month of the quarter and anticipates a volatile operating environment in the near term.
- Total revenue decreased by 12.1% year-over-year to $111.9 million.
- System-wide same-store sales decreased by 14.9%.
- Net income attributable to Planet Fitness, Inc. was $5.6 million, or $0.07 per diluted share.
- The company opened 22 new Planet Fitness stores, bringing the system-wide total to 2,146.
Headline financials
Revenue & EPS history
Planet Fitness · Revenue · Quarterly
$112M
Revenue by segment
Planet Fitness · $112M total across 3 segments · Q1 2021
- Franchise Segment$64.1M+9.6%57.3%
- Corporate-Owned Clubs$37.9M-6.4%33.9%
- Equipment Segment$9.9M-64.9%8.8%
Forward guidance
Due to the uncertainty surrounding the COVID-19 pandemic, the Company is not providing a 2021 full year outlook at this time.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
+1.6%
Avg return
Earnings day
+2.5%
Avg return
5 days after
+3.4%
Avg return
30 days after
56%
24 / 43 earnings
Positive
+18.0%
Q3 2018
Best reaction
-32.5%
Q1 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -32.5% | -22.7% | -20.8% | |
| Q4 2025 | -7.6% | -9.5% | -16.9% | |
| Q3 2025 | +12.6% | +15.4% | +21.1% | |
| Q1 2025 | -4.7% | -7.8% | +3.8% | |
| Q4 2024 | -9.2% | -6.7% | -0.1% | |
| Q3 2024 | +12.6% | +11.9% | +18.0% | |
| Q2 2024 | +5.2% | +9.8% | +13.5% | |
| Q1 2024 | +5.0% | +6.4% | +10.1% | |
| Q4 2023 | -3.3% | -3.6% | -9.0% | |
| Q3 2023 | +11.6% | +16.3% | +23.3% | |
| Q2 2023 | -7.2% | -7.2% | -6.9% | |
| Q1 2023 | -14.7% | -13.8% | -21.9% | |
| Q4 2022 | +1.9% | +2.5% | -5.9% | |
| Q3 2022 | +11.3% | +15.5% | +24.4% | |
| Q2 2022 | -4.9% | -5.4% | -13.9% | |
| Q1 2022 | +1.5% | +5.2% | +2.1% | |
| Q4 2021 | -4.0% | -4.8% | -4.6% | |
| Q3 2021 | +15.9% | +14.4% | -2.4% | |
| Q2 2021 | -0.7% | -0.7% | +1.9% | |
| Q1 2021 | -5.2% | -5.2% | -7.4% | |
| Q4 2020 | -0.3% | +6.7% | -0.5% | |
| Q3 2020 | +1.1% | +9.9% | +13.0% | |
| Q2 2020 | -1.5% | +0.4% | +20.7% | |
| Q1 2020 | +5.2% | +4.8% | +28.0% | |
| Q4 2019 | -10.1% | -19.9% | -37.8% | |
| Q3 2019 | +11.2% | +13.8% | +21.0% | |
| Q2 2019 | -3.3% | -1.3% | -12.8% | |
| Q1 2019 | -3.6% | -1.6% | +1.4% | |
| Q4 2018 | +3.1% | +7.8% | +19.9% | |
| Q3 2018 | +18.0% | +16.8% | +19.4% | |
| Q2 2018 | +7.6% | +9.1% | +4.3% | |
| Q1 2018 | -6.7% | -2.3% | +3.3% | |
| Q4 2017 | +9.2% | +9.7% | +12.0% | |
| Q3 2017 | +12.1% | +12.4% | +20.5% | |
| Q2 2017 | +8.3% | +4.6% | +7.3% | |
| Q1 2017 | -1.3% | +0.6% | +6.1% | |
| Q4 2016 | -1.6% | -1.6% | -10.4% | |
| Q3 2016 | +9.6% | +8.3% | +10.4% | |
| Q2 2016 | +10.9% | +9.7% | -0.3% | |
| Q1 2016 | +3.6% | — | — | |
| Q4 2015 | +6.1% | — | — | |
| Q3 2015 | +6.2% | — | — | |
| Q2 2015 | +2.0% | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — |
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