NYSE$PLNT

Planet Fitness Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Planet Fitness reported Q1 2026 revenue of $337.2M and net income of $51.8M ($0.65 diluted EPS).

Planet Fitness posted Q1 2026 total revenue of $337.2 million, up from $276.7 million, with income from operations of $98.7 million. Net income was $51.8 million, or $0.65 diluted EPS, versus $42.1 million and $0.50 per share, driven by membership growth, franchise royalties, and national advertising fund contributions.

  • Revenue $337.2M (+22% YoY).
  • Operating income $98.7M; net income $51.8M.
  • Diluted EPS $0.65 vs $0.50.
  • System-wide membership and new store openings expanding.
  • Franchisee health and capex pipeline key to growth.

Headline financials

Total Revenue

$337M

Previous: $277M+21.9%
EPS (adj)

$0.65

Previous: $0.50+30.0%
Capital Expenditures

-$25.5M

Previous: -$23.1M-10.6%
Net Income

$51.6M

Previous: $41.9M+23.1%
Operating Income

$98.7M

Previous: $79.2M+24.6%

Revenue & EPS history

Planet Fitness · Revenue · Quarterly

$337M

Q1 2026+21.9%vs Q1 2025
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Planet Fitness · $278M total across 3 segments · Q3 2023

  • Corporate-Owned Clubs
    $113M+11.7%
  • Franchise Segment
    $98.2M+21.7%
  • Equipment Segment
    $66.1M+6.1%

Forward guidance

Planet Fitness typically provides annual membership and store-opening guidance on calls; the 10-Q discusses franchisee economics and new unit pipeline.

Tailwinds

  • Strong revenue and EPS growth.
  • High-margin royalty and NAF revenue streams.
  • Value gym positioning resilient in macro uncertainty.

Headwinds

  • Franchisee leverage and development pacing risk.
  • Competition in low-price fitness.
  • New-unit payback sensitive to openings pace.

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 2026

Historical avgQ1 2026

+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

Earnings price reactions
QuarterReport dateReaction (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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