Filing Flows › Planet Fitness (PLNT) › Q2 2026 › vs Q2 2025
Planet Fitness (PLNT) Q2 2026 vs Q2 2025 (year over year)
Planet Fitness's revenue rose $24.3M (+7%) from $341M in Q2 2025 to $365M in Q2 2026. The biggest changes: National advertising fund revenue +$10.1M (+45%); Franchise +$6.0M (+6%); Corporate-owned clubs +$4.9M (+4%). Operating margin 33.9% against 30.0% (+3.9 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 33.9% | 30.0% | +3.9 pts |
| Net margin | 18.5% | 17.1% | +1.4 pts |
| Free cash flow margin | 1.1% | 2.4% | -1.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Corporate-owned clubs | $144M | $139M | $4.9M | +4% |
| Franchise | $103M | $96.9M | $6.0M | +6% |
| Equipment | $85.6M | $82.2M | $3.4M | +4% |
| National advertising fund revenue | $32.9M | $22.8M | $10.1M | +45% |
| Revenue | $365M | $341M | $24.3M | +7% |
| Operating profit | $124M | $102M | $21.4M | +21% |
| Costs & expenses | $241M | $238M | $2.9M | +1% |
| Pre-tax earnings | $96.1M | $83.2M | $12.9M | +16% |
| Other expense, net | $27.7M | $19.2M | $8.5M | +44% |
| Cost of revenue | $64.5M | $59.4M | $5.1M | +9% |
| SG&A | $34.4M | $35.5M | −$1.1M | -3% |
| Other operating costs | $143M | $144M | −$1.0M | -0.7% |
| Net earnings | $67.4M | $58.3M | $9.1M | +16% |
| Income tax | $28.5M | $24.9M | $3.6M | +14% |
| Depreciation & amortization | $40.1M | $38.4M | $1.7M | +4% |
| Share-based compensation | $3.3M | $3.5M | −$218K | -6% |
| Working capital & other | $64.9M | $56.3M | $8.6M | +15% |
| Operating cash flow | $45.9M | $44.0M | $2.0M | +4% |
| Free cash flow (OCF − capex) | $4.0M | $8.2M | −$4.2M | -51% |
| Capital expenditures | $41.9M | $35.7M | $6.2M | +17% |
Questions
How much did Planet Fitness's revenue grow year over year in Q2 2026?
Planet Fitness's revenue rose $24.3M (+7%) from $341M in Q2 2025 to $365M in Q2 2026.
What drove Planet Fitness's revenue change in Q2 2026?
National advertising fund revenue +$10.1M (+45%); Franchise +$6.0M (+6%); Corporate-owned clubs +$4.9M (+4%).