Planet Fitness Q2 revenue beats; reiterates 2026 revenue growth

Planet Fitness

06/08/2026 11:40

Overview
US fitness center operator's Q2 revenue rose 7.1%, beating analyst expectations
Adjusted EPS for Q2 beat analyst expectations
Company repurchased and retired $200 mln of Class A common stock

Outlook
Company reiterates 2026 revenue growth of about 7%
Company expects 2026 adjusted EBITDA to rise about 6%
Company raises 2026 adjusted net income per share, diluted growth outlook to about 6%

Result Drivers
FRANCHISE SEGMENT - Revenue growth was driven by a 13.5% increase in franchise segment revenue, mainly from a higher NAF contribution rate and increased royalty revenue from new and existing clubs
CORPORATE-OWNED CLUBS - Revenue from corporate-owned clubs rose 3.5%, mainly due to new club openings and higher same club sales, partially offset by the sale of eight California clubs
EQUIPMENT SALES - Equipment segment revenue increased 4.1%, driven by higher sales to new and existing franchisee-owned clubs

Company press release: ID:nPn4M0QGqa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$365.20 mln
$355.66 mln (17 Analysts)
Q2 Adjusted EPS
Beat
$0.88
$0.85 (17 Analysts)
Q2 Adjusted Net Income
Beat
$68.40 mln
$67.13 mln (14 Analysts)
Q2 Net Income
 
$67.10 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the leisure & recreation peer group is "buy"
Wall Street's median 12-month price target for Planet Fitness Inc is $65.00, about 14.9% above its August 5 closing price of $56.59
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 19 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)