Filing Flows › Planet Fitness (PLNT) › Q3 2026
Planet Fitness (PLNT) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Planet Fitness (PLNT) reported revenue of $360M for the third quarter 2026 (Q3 2026), +9% from a year earlier and -1% from the quarter before. Operating margin was 28.2%, net earnings $52.0M (14.4% of revenue).
Planet Fitness, Q3 2026: revenue $360M (+9% year over year), operating margin 28.2%, net earnings $52.0M, operating cash flow $110M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $360M | -1% | +9% |
| Operating profit | $101M | -18% | -5% |
| Net earnings | $52.0M | -22% | -12% |
| Operating cash flow | $110M | +140% | -16% |
| Free cash flow | $28.9M | +622% | -62% |
What changed
Revenue was $360.0M in Q3 2026, up 9% year over year and down 1% from the previous quarter. Corporate-owned clubs was the largest line at 40% of revenue. National advertising fund revenue added $10.4M year over year (up 48%), 35% of the total change.
Operating profit was $101.5M, a 28.2% margin (down 4.2 points year over year). Operating profit fell $5.6M even though revenue rose $29.6M versus Q3 2025, so costs grew faster than sales. Total costs grew 16% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+18%). Net earnings were $52.0M, down 12% year over year. The effective tax rate was 27.7%.
Operating cash flow was $110.4M (down 16% year over year), 211% of net earnings. Non-cash charges added back $41.6M of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items added $13.4M. Capital expenditures of $81.5M left free cash flow of $28.9M.
Questions
What was Planet Fitness' revenue in the third quarter 2026?
Planet Fitness (PLNT) reported revenue of $360M for the third quarter 2026 (Q3 2026), +9% from a year earlier and -1% from the quarter before.
Was Planet Fitness profitable in the third quarter 2026?
Operating profit was $101M (28.2% of revenue) and net earnings $52.0M.
Source: Planet Fitness 10-Q on SEC EDGAR.