Planet Fitness Reports Strong Q1 2026 Financials with 21.9% Revenue Growth and 30% EPS Increase
PLNT sits 18% above its 52-week low of $37.03 on elevated volume (8.4× avg).
Summary
Planet Fitness reported strong Q1 2026 financial results with significant revenue and EPS growth, driven by equipment sales, despite a slowdown in same-club sales.
Key Events · Earnings and Guidance · PLNT
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Strong Revenue Growth
Total revenue for Q1 2026 increased by 21.9% to $337.2 million, up from $276.7 million in Q1 2025.
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Significant EPS Increase
Diluted earnings per share rose by 30% to $0.65 in Q1 2026, compared to $0.50 in the prior-year quarter.
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Equipment Segment Drives Growth
Equipment segment revenue saw a substantial 123.4% increase, reaching $62.1 million in Q1 2026, up from $27.8 million in Q1 2025.
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Same-Club Sales Deceleration
System-wide same-club sales growth slowed to 3.5% in Q1 2026, down from 6.1% in Q1 2025.
Analysis · PLNT · Trade & Services
Planet Fitness, Inc. delivered robust first-quarter 2026 results, showcasing significant growth across key financial metrics. Total revenue increased by 21.9% year-over-year, driven primarily by a substantial 123.4% surge in equipment segment revenue. Net income attributable to the company rose by 23.2%, leading to a 30% increase in diluted earnings per share. While system-wide same-club sales growth decelerated from 6.1% in Q1 2025 to 3.5% in Q1 2026, it remains positive. The company also continued its share repurchase program, retiring $50.0 million in Class A common stock during the quarter, with $450.0 million remaining under the 2025 program. This detailed quarterly report provides the underlying financial data for the Q1 performance, following a summary announcement made via an 8-K on the same day.
At the time of this filing, PLNT was trading at $43.78 on NYSE in the Trade & Services sector, with a market capitalization of approximately $3.5B. The 52-week trading range was $37.03 to $114.47. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.