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Companies / Consumer Discretionary / Planet Fitness, Inc.
PLNT

Planet Fitness, Inc.

Ticker PLNTHAMPTON, NHFiscal year ends DecemberBook value per share $-7.81Diluted shares 78.5M

Planet Fitness, Inc. (NYSE: PLNT) operates as one of the largest and fastest-growing franchisors and operators of fitness centers globally, serving approximately 20.8 million members across 2,896 clubs as of December 31, 2025. The company's website is www.planetfitness.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.32B
+12.1% year over year
Last 12 mo $1.41B
29.81%
+2.4 percentage points
Last 12 mo 30.91%
$220.26M
+26.4% year over year
Last 12 mo $239.09M
-45.38%
+34.5 percentage points
Last 12 mo -38.82%
Cash & financing
$418.42M
+21.7% year over year
Last 12 mo $433.98M
$254.75M
+34.9% year over year
Last 12 mo $261.68M
-5.16
Was -10.09× a year earlier
Last 12 mo -4.16
83.7M
−2.4% year over year
Last 12 mo 78.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Planet Fitness, Inc. does

In the company’s own words

Planet Fitness, Inc. (NYSE: PLNT) operates as one of the largest and fastest-growing franchisors and operators of fitness centers globally, serving approximately 20.8 million members across 2,896 clubs as of December 31, 2025. The company's website is www.planetfitness.com.

The company's core business centers on providing high-quality fitness experiences in a welcoming, non-intimidating environment branded as the Judgement Free Zone. Planet Fitness clubs are typically 20,000 square feet and feature cardio, circuit, and strength-training equipment along with unlimited free fitness instruction for all members. The company offers membership options starting at $15 monthly for the standard Classic Card membership and $24.99 for the premium PF Black Card membership, which provides system-wide club access and guest privileges.

As of December 31, 2025, Planet Fitness operated 292 corporate-owned clubs and 2,604 franchisee-owned clubs located across all 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, Australia, and Spain. The company generated revenues of $1.3 billion in 2025, with system-wide sales reaching $5.3 billion. Corporate-owned clubs contributed $552.2 million to system-wide sales, while franchisee-owned clubs generated $4.7 billion, from which Planet Fitness derives royalty revenue.

The company employs 4,020 employees at corporate-owned clubs and 373 employees supporting corporate functions at its Club Support Center and international locations. The franchise model represents the primary growth strategy, with franchisees contractually obligated to purchase fitness equipment from Planet Fitness or approved vendors and replace equipment every five to nine years, creating predictable recurring revenue streams.

Planet Fitness maintains significant competitive advantages through its nationally recognized brand, scale advantages enabling enhanced purchasing power, and differentiated value proposition appealing to diverse demographics including Generation Z. The company's intellectual property portfolio includes registered trademarks such as "Planet Fitness," "Judgement Free Zone," "PF Black Card," and "Lunk Alarm." Over 90 percent of both corporate and franchise revenues consist of recurring revenue from monthly dues, annual fees, and royalties, supporting predictable cash flow generation.

Company details
Sector
Consumer Discretionary
Industry (SIC)
Services
Headquarters
HAMPTON, NH
Fiscal year end
December
CIK
1637207
SIC
7997

Financial performance, year by year

Fiscal 2015–2025 · USD
$-157.63M$269.65M$696.93M$1.12B$1.55B20152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Planet Fitness, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

332
funds hold it
0 of 35
superinvestors hold it
$1.59B
held by funds, at market
39.0%
of shares held by funds

Largest fund holders · Planet Fitness, Inc.’s weight in each

T. Rowe Price Mid-Cap Growth Fund, Inc.
RPMGX · T. ROWE PRICE MID-CAP GROWTH FUND, INC.
0.63%of fund net assets
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.11%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.05%of fund net assets
T. Rowe Price Small-Cap Stock Fund, Inc.
OTCFX · T. ROWE PRICE SMALL-CAP STOCK FUND, INC.
0.68%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Planet Fitness, Inc. and its peers compare on margins and cash generation over ten years?”
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