Planet Fitness Inc
F:3PL

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Planet Fitness Inc Logo
Planet Fitness Inc
F:3PL
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Price: 82.5 EUR Market Closed
Market Cap: €7.2B

Planet Fitness Inc
Investor Relations

In the bustling world of fitness, Planet Fitness Inc. has carved a significant niche by redefining the traditional gym experience. Founded in 1992, the company capitalized on a straightforward yet potent strategy: offering a welcoming environment for first-time gym-goers and casual fitness enthusiasts. This approach was designed to demystify the often-intimidating atmosphere of health clubs, which alienated many potential customers. Central to its strategy is the "Judgement Free Zone" ethos, aimed at creating a non-competitive space where members feel comfortable regardless of their fitness level. The brand's distinctive color scheme of purple and yellow, coupled with its affordable membership options, reinforces this approachable image. Planet Fitness has grown into a vast network across North America, partly through franchising, allowing it to expand rapidly while maintaining its focus on a low-cost, high-value membership offering.

The financial model of Planet Fitness Inc. is ingeniously multi-tiered. It generates revenue from a combination of company-operated locations, franchised stores, and equipment sales to franchisees. The franchising route enables Planet Fitness to scale its operations efficiently, with franchisees handling daily management but sharing a portion of the income with the parent company. Additionally, Planet Fitness benefits from ongoing royalty fees and marketing contributions from these franchises. Another revenue stream is its merchandising and branded equipment sales, fostering a consistent brand image across all locations. Collectively, this model not only sustains the company's rapid expansion but also secures a steady income stream with broad exposure and minimal risk, keeping it well-positioned in a competitive market. Through its unique brand proposition and business model, Planet Fitness has become a formidable contender in the fitness industry, appealing to a diverse demographic seeking affordable, accessible fitness solutions.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 6, 2025
AI Summary
Q3 2025

Strong Quarter: Planet Fitness delivered robust Q3 results, with revenue up 13% and system-wide same club sales growth of 6.9%.

Outlook Raised: The company raised its 2025 guidance, now expecting higher revenue, EBITDA, and net income growth than previously forecasted.

Membership & Expansion: Ended Q3 with 20.7 million members and 2,795 clubs, adding 35 new locations in the quarter.

Black Card Momentum: Black Card penetration rose to 66.1%, and a price increase to $29.99 is planned after 2026's peak season.

High School Summer Pass: Record participation with over 3.7 million teens, up 30% year-over-year, strengthening Gen Z engagement.

Churn Moderation: Elevated member attrition showed signs of moderating late in Q3; trends modeled into current outlook.

Marketing Shift: Increased national advertising fund will improve marketing reach and efficiency, leveraging digital and AI.

Franchisee Confidence: Franchisees investing in remodeling and growth, with club economics tracking internal hurdle rates.

Key Financials
Revenue
$330.3 million
System-wide Same Club Sales Growth
6.9%
Franchisee Same Club Sales Growth
7.1%
Corporate Same Club Sales Growth
6.0%
Adjusted EBITDA
$140.8 million
Adjusted EBITDA Margin
42.6%
Adjusted Net Income
$67 million
Adjusted Net Income per Diluted Share
$0.80
Net Income
$59.2 million
Membership
20.7 million
Number of Clubs
2,795
Black Card Penetration
66.1%
Average Royalty Rate
6.7%
SG&A
$30.5 million
Adjusted SG&A
$30 million (9.1% of revenue)
National Advertising Fund Expense
$21.4 million
Total Cash, Cash Equivalents and Marketable Securities
$577.9 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. William Bode
Division President of U.S. Franchise
No Bio Available
Ms. Jennifer Simmons
Division President of Corporate Clubs
No Bio Available
Ms. Colleen Keating
CEO & Director
No Bio Available
Mr. Brian M. O'Donnell CPA
VP & Chief Accounting Officer
No Bio Available
Mr. Paul Barber
Chief Information Officer
No Bio Available
Ms. Stacey Caravella
Vice President of Investor Relations
No Bio Available
Mr. Justin Vartanian
General Counsel & Secretary
No Bio Available
Mr. McCall Gosselin
Senior Vice President of Communications and Corporate Social Responsibility
No Bio Available
Mr. Ray Miolla
Chief Development Officer
No Bio Available
Ms. Kathy E. Gentilozzi
Chief People Officer
No Bio Available

Contacts

Address
NEW HAMPSHIRE
Hampton
4 Liberty Lane West
Contacts
+16037500001.0