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Planet Fitness

Planet Fitness (PLNT) Q2 2026 Earnings

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

Q2 26 EPS Adjusted

$0.88

BEAT +3.53%

Est. $0.85

Q2 26 Revenue

$365.2M

vs S&P Since Q2 26

-11.8%

TRAILING MARKET

PLNT -10.9% vs S&P +0.9%

Market Reaction

Did PLNT Beat Earnings? Q2 2026 Results

Planet Fitness delivered a solid second quarter, posting adjusted EPS of $0.88 against a consensus estimate of $0.85, a beat of 3.53% that extends the company's streak to four consecutive quarters of topping analyst expectations. Revenue climbed 7.1%… Read more Planet Fitness delivered a solid second quarter, posting adjusted EPS of $0.88 against a consensus estimate of $0.85, a beat of 3.53% that extends the company's streak to four consecutive quarters of topping analyst expectations. Revenue climbed 7.1% year over year to $365.22 million, with the franchise segment leading the charge; a NAF contribution rate increase from 2% to 3% added $10.10 million in NAF revenue alone, helping franchise revenue jump 13.5% to $135.78 million. System-wide same club sales rose 1.7%, and the company ended the quarter with 2,930 clubs and approximately 21.5 million members after opening 23 new locations. The results arrive against a backdrop of ongoing securities class action lawsuits alleging the company misled investors about membership growth and its Black Card pricing rollout earlier in 2026, adding legal uncertainty to the near-term picture. Looking ahead, Planet Fitness reiterated its full-year outlook for approximately 7% revenue growth and approximately 6% adjusted EBITDA growth, while updating adjusted net income per diluted share growth to approximately 6%, reflecting the benefit of $251.25 million in year-to-date share repurchases.

Key Takeaways

  • • System-wide same club sales increased 1.7%
  • • NAF contribution rate increase from 2% to 3% drove $10.1 million in additional franchise segment revenue
  • • 23 new clubs opened system-wide during Q2, bringing total to 2,930
  • • Royalty revenue increased $4.7 million from same club sales growth and new club additions
  • • Share repurchases reduced diluted share count, boosting per-share metrics

PLNT Forward Guidance & Outlook

For full-year 2026, Planet Fitness reiterated expectations for system-wide same club sales growth of approximately 1%, revenue growth of approximately 7%, Adjusted EBITDA growth of approximately 6%, new equipment placements of approximately 150 to 160 in franchisee-owned locations, system-wide new club openings of approximately 180 to 190 locations, and capital expenditures growth of approximately 10% to 15%. The company updated its adjusted net income per diluted share growth to approximately 6% (from approximately 4%), based on adjusted diluted weighted-average shares outstanding of approximately 77.0 million (previously approximately 79.0 million), inclusive of shares repurchased through Q2 2026. Net interest expense is now expected to be approximately $115.0 million (previously approximately $111.0 million). Adjusted net income is now expected to decrease approximately 3% (previously approximately 2%).

24/7 Wall St

PLNT YoY Financials

Q2 2026 vs Q2 2025, source: SEC Filings

24/7 Wall St

PLNT Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q2 26

“During the second quarter, we made important progress advancing our strategies to reignite sustainable member growth. We are moving quickly with several actions to clearly communicate our differentiated welcoming, non-intimidating environment in the immediate term, while we work in parallel to develop a new marketing campaign that sets the brand up for success with a broader audience in the coming months. At the same time, we initiated and expanded tests around pricing, member experience, and retention, and look forward to applying the learnings to enhance our future performance.”

— Colleen Keating, Q2 2026 Earnings Press Release

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