Planet Fitness

Planet Fitness (PLNT) Q4 2025 Earnings

Reported Feb 24, 2026 at 6:30 AM ET · SEC Source

Q4 25 EPS

$0.83

BEAT +4.82%

Est. $0.79

Q4 25 Revenue

$376.3M

BEAT +2.27%

Est. $367.9M

vs S&P Since Q4 25

-47.2%

TRAILING MARKET

PLNT -38.7% vs S&P +8.4%

Full Year 2025 Results

FY 25 EPS

$3.07

BEAT +0.93%

Est. $3.04

FY 25 Revenue

$1.32B

BEAT +0.63%

Est. $1.32B

Market Reaction

Did PLNT Beat Earnings? Q4 2025 Results

Planet Fitness delivered a clean beat to close out fiscal 2025, reporting Q4 earnings per share of $0.83 against a consensus estimate of $0.78, a 6.25% positive surprise, while revenue of $376.26 million topped the $368.01 million estimate by 2.24% a… Read more Planet Fitness delivered a clean beat to close out fiscal 2025, reporting Q4 earnings per share of $0.83 against a consensus estimate of $0.78, a 6.25% positive surprise, while revenue of $376.26 million topped the $368.01 million estimate by 2.24% and grew 10.5% year over year. The primary engine behind the quarter was broad-based segment strength, with the Equipment segment leading the way on higher sales to both new and existing franchisee-owned clubs, complementing a 5.7% system-wide same club sales gain that reflected continued member demand following last year's Classic Card price increase. The company closed 2025 with approximately 20.8 million members and 2,896 global locations, adding 181 new clubs during the year. Despite the strong print, shares pulled back notably on concerns that management's 2026 guidance, calling for roughly 9% revenue growth and 4% to 5% same club sales gains, represents a deceleration from recent trends. Planet Fitness also guided for 180 to 190 new club openings and adjusted EPS growth of 9% to 10% for the coming year.

Key Takeaways

  • System-wide same club sales increase of 5.7% in Q4 and 6.7% for full year
  • Net membership growth of 1.1 million in 2025, reaching approximately 20.8 million members
  • 104 new club openings in Q4 bringing total to 2,896 clubs
  • Higher royalty revenue driven by same club sales growth and new club additions
  • Higher equipment sales to both existing and new franchisee-owned clubs
  • 50% price increase for new Classic Card members sustained strong demand
24/7 Wall St

PLNT YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

24/7 Wall St

PLNT Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“We're pleased with our strong performance in 2025 that was the result of our unwavering focus on our four strategic imperatives. We ended the year with approximately 20.8 million members, and a global footprint of nearly 2,900 clubs, reinforcing the quality of our member experience and our core conviction that anyone can get a great workout at Planet Fitness for an incredible value. Adding approximately 1.1 million net new members in 2025—the first full-year of our 50 percent price increase for new Classic Card members—highlights the incredible demand for our brand.”

— Colleen Keating, Q4 2025 Earnings Press Release