Filing Flows › Planet Fitness (PLNT) › Q3 2026 › vs Q3 2025
Planet Fitness (PLNT) Q3 2026 vs Q3 2025 (year over year)
Planet Fitness's revenue rose $29.6M (+9%) from $330M in Q3 2025 to $360M in Q3 2026. The biggest changes: National advertising fund revenue +$10.4M (+48%); Equipment +$8.8M (+11%); Franchise +$5.6M (+6%). Operating margin 28.2% against 32.4% (-4.2 pts).
Planet Fitness, Q3 2026: revenue $360M (+9% year over year), operating margin 28.2%, net earnings $52.0M, operating cash flow $110M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 28.2% | 32.4% | -4.2 pts |
| Net margin | 14.4% | 17.8% | -3.4 pts |
| Free cash flow margin | 8.0% | 23.2% | -15.2 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Corporate-owned clubs | $143M | $138M | $4.9M | +4% |
| Franchise | $97.8M | $92.2M | $5.6M | +6% |
| Equipment | $87.6M | $78.8M | $8.8M | +11% |
| National advertising fund revenue | $31.8M | $21.4M | $10.4M | +48% |
| Revenue | $360M | $330M | $29.6M | +9% |
| Operating profit | $101M | $107M | −$5.6M | -5% |
| Costs & expenses | $258M | $223M | $35.2M | +16% |
| Pre-tax earnings | $72.2M | $87.2M | −$14.9M | -17% |
| Other expense, net | $29.3M | $19.9M | $9.3M | +47% |
| Cost of revenue | $65.4M | $58.2M | $7.2M | +12% |
| SG&A | $34.9M | $30.5M | $4.4M | +14% |
| Other operating costs | $158M | $135M | $23.6M | +18% |
| Net earnings | $52.0M | $58.8M | −$6.8M | -12% |
| Minority interests | $246K | $354K | −$108K | -31% |
| Income tax | $20.0M | $28.0M | −$8.0M | -29% |
| Depreciation & amortization | $41.6M | $39.1M | $2.5M | +6% |
| Share-based compensation | $3.2M | $3.0M | $246K | +8% |
| Working capital & other | $13.6M | $30.5M | −$16.9M | -55% |
| Operating cash flow | $110M | $131M | −$21.0M | -16% |
| Free cash flow (OCF − capex) | $28.9M | $76.7M | −$47.8M | -62% |
| Capital expenditures | $81.5M | $54.8M | $26.7M | +49% |
Questions
How much did Planet Fitness's revenue grow year over year in Q3 2026?
Planet Fitness's revenue rose $29.6M (+9%) from $330M in Q3 2025 to $360M in Q3 2026.
What drove Planet Fitness's revenue change in Q3 2026?
National advertising fund revenue +$10.4M (+48%); Equipment +$8.8M (+11%); Franchise +$5.6M (+6%).