Filing Flows › Planet Fitness (PLNT) › Q2 2026 › vs Q1 2026
Planet Fitness (PLNT) Q2 2026 vs Q1 2026 (quarter over quarter)
Planet Fitness's revenue rose $28.0M (+8%) from $337M in Q1 2026 to $365M in Q2 2026. The biggest changes: Equipment +$23.4M (+38%); Corporate-owned clubs +$3.2M (+2%); National advertising fund revenue +$704K (+2%). Operating margin 33.9% against 29.3% (+4.6 pts).
Planet Fitness, Q2 2026: revenue $365M (+7% year over year), operating margin 33.9%, net earnings $67.4M, operating cash flow $45.9M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 33.9% | 29.3% | +4.6 pts |
| Net margin | 18.5% | 15.4% | +3.1 pts |
| Free cash flow margin | 1.1% | 36.2% | -35.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Corporate-owned clubs | $144M | $141M | $3.2M | +2% |
| Franchise | $103M | $102M | $607K | +0.6% |
| Equipment | $85.6M | $62.1M | $23.4M | +38% |
| National advertising fund revenue | $32.9M | $32.2M | $704K | +2% |
| Revenue | $365M | $337M | $28.0M | +8% |
| Operating profit | $124M | $98.7M | $25.1M | +25% |
| Costs & expenses | $241M | $239M | $2.8M | +1% |
| Pre-tax earnings | $96.1M | $71.1M | $25.0M | +35% |
| Other expense, net | $27.7M | $27.6M | $120K | +0.4% |
| Cost of revenue | $64.5M | $45.3M | $19.2M | +42% |
| SG&A | $34.4M | $34.1M | $256K | +0.7% |
| Other operating costs | $143M | $159M | −$16.6M | -10% |
| Net earnings | $67.4M | $51.8M | $15.6M | +30% |
| Income tax | $28.5M | $19.3M | $9.2M | +48% |
| Depreciation & amortization | $40.1M | $40.3M | −$108K | -0.3% |
| Share-based compensation | $3.3M | $3.0M | $308K | +10% |
| Working capital & other | $64.9M | −$52.5M | $117M | — |
| Operating cash flow | $45.9M | $148M | −$102M | -69% |
| Free cash flow (OCF − capex) | $4.0M | $122M | −$118M | -97% |
| Capital expenditures | $41.9M | $25.5M | $16.4M | +64% |
Questions
How much did Planet Fitness's revenue grow quarter over quarter in Q2 2026?
Planet Fitness's revenue rose $28.0M (+8%) from $337M in Q1 2026 to $365M in Q2 2026.
What drove Planet Fitness's revenue change in Q2 2026?
Equipment +$23.4M (+38%); Corporate-owned clubs +$3.2M (+2%); National advertising fund revenue +$704K (+2%).