Planet Fitness Inc
NYSE:PLNT
Income Statement
Earnings Waterfall
Planet Fitness Inc
Revenue
|
1.1B
USD
|
Cost of Revenue
|
-513.7m
USD
|
Gross Profit
|
557.6m
USD
|
Operating Expenses
|
-284.6m
USD
|
Operating Income
|
273m
USD
|
Other Expenses
|
-134.7m
USD
|
Net Income
|
138.3m
USD
|
Income Statement
Planet Fitness Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||
Revenue |
280
N/A
|
299
+7%
|
315
+5%
|
321
+2%
|
331
+3%
|
337
+2%
|
349
+4%
|
368
+5%
|
378
+3%
|
386
+2%
|
402
+4%
|
412
+3%
|
430
+4%
|
460
+7%
|
493
+7%
|
533
+8%
|
573
+8%
|
601
+5%
|
642
+7%
|
672
+5%
|
689
+3%
|
667
-3%
|
526
-21%
|
464
-12%
|
407
-12%
|
391
-4%
|
488
+25%
|
537
+10%
|
587
+9%
|
662
+13%
|
749
+13%
|
839
+12%
|
937
+12%
|
972
+4%
|
1 034
+6%
|
1 068
+3%
|
1 071
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(150)
|
(161)
|
(169)
|
(170)
|
(171)
|
(169)
|
(173)
|
(181)
|
(182)
|
(180)
|
(183)
|
(183)
|
(190)
|
(209)
|
(229)
|
(254)
|
(280)
|
(292)
|
(313)
|
(327)
|
(331)
|
(327)
|
(274)
|
(249)
|
(220)
|
(203)
|
(230)
|
(243)
|
(271)
|
(309)
|
(356)
|
(409)
|
(463)
|
(481)
|
(509)
|
(520)
|
(514)
|
|
Gross Profit |
130
N/A
|
139
+7%
|
146
+5%
|
151
+3%
|
160
+6%
|
168
+5%
|
177
+5%
|
187
+6%
|
196
+5%
|
206
+5%
|
219
+7%
|
229
+5%
|
240
+5%
|
251
+5%
|
265
+5%
|
278
+5%
|
293
+5%
|
308
+5%
|
328
+6%
|
344
+5%
|
358
+4%
|
341
-5%
|
252
-26%
|
215
-15%
|
187
-13%
|
188
+1%
|
258
+38%
|
294
+14%
|
316
+8%
|
353
+12%
|
393
+11%
|
430
+9%
|
474
+10%
|
492
+4%
|
525
+7%
|
547
+4%
|
558
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(67)
|
(76)
|
(80)
|
(89)
|
(87)
|
(85)
|
(84)
|
(79)
|
(80)
|
(83)
|
(86)
|
(88)
|
(93)
|
(97)
|
(100)
|
(104)
|
(108)
|
(110)
|
(113)
|
(120)
|
(123)
|
(126)
|
(126)
|
(126)
|
(127)
|
(135)
|
(143)
|
(150)
|
(175)
|
(192)
|
(216)
|
(236)
|
(245)
|
(258)
|
(270)
|
(282)
|
(285)
|
|
Selling, General & Administrative |
(35)
|
(43)
|
(47)
|
(56)
|
(56)
|
(53)
|
(53)
|
(48)
|
(58)
|
(52)
|
(54)
|
(56)
|
(70)
|
(64)
|
(67)
|
(70)
|
(85)
|
(73)
|
(75)
|
(78)
|
(79)
|
(78)
|
(75)
|
(72)
|
(69)
|
(74)
|
(80)
|
(85)
|
(95)
|
(103)
|
(109)
|
(113)
|
(115)
|
(112)
|
(116)
|
(122)
|
(125)
|
|
Depreciation & Amortization |
(32)
|
(34)
|
(34)
|
(33)
|
(32)
|
(32)
|
(31)
|
(31)
|
(23)
|
(32)
|
(32)
|
(32)
|
(22)
|
(32)
|
(33)
|
(34)
|
(23)
|
(37)
|
(39)
|
(42)
|
(44)
|
(47)
|
(50)
|
(51)
|
(54)
|
(57)
|
(59)
|
(61)
|
(63)
|
(73)
|
(90)
|
(107)
|
(124)
|
(134)
|
(139)
|
(144)
|
(149)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
1
|
1
|
1
|
1
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(1)
|
(4)
|
(4)
|
(4)
|
(4)
|
(18)
|
(16)
|
(17)
|
(16)
|
(6)
|
(12)
|
(15)
|
(15)
|
(10)
|
|
Operating Income |
63
N/A
|
62
-1%
|
66
+6%
|
63
-6%
|
72
+15%
|
83
+16%
|
93
+11%
|
108
+17%
|
116
+7%
|
123
+6%
|
134
+9%
|
142
+6%
|
148
+4%
|
154
+4%
|
164
+7%
|
174
+6%
|
184
+6%
|
198
+8%
|
215
+8%
|
224
+4%
|
235
+5%
|
214
-9%
|
126
-41%
|
89
-29%
|
60
-33%
|
53
-12%
|
115
+119%
|
144
+25%
|
141
-2%
|
162
+15%
|
177
+9%
|
194
+10%
|
229
+18%
|
234
+2%
|
256
+9%
|
266
+4%
|
273
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(22)
|
(20)
|
(22)
|
(23)
|
(25)
|
(26)
|
(26)
|
(26)
|
(27)
|
(30)
|
(32)
|
(35)
|
(35)
|
(35)
|
(35)
|
(42)
|
(46)
|
(50)
|
(54)
|
(52)
|
(54)
|
(59)
|
(67)
|
(74)
|
(79)
|
(81)
|
(81)
|
(80)
|
(80)
|
(83)
|
(84)
|
(85)
|
(84)
|
(79)
|
(75)
|
(72)
|
(69)
|
|
Non-Reccuring Items |
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
2
|
3
|
3
|
3
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
(0)
|
|
Total Other Income |
(1)
|
(2)
|
(1)
|
(3)
|
(0)
|
1
|
1
|
2
|
1
|
2
|
1
|
2
|
317
|
317
|
317
|
317
|
(6)
|
(10)
|
(11)
|
(11)
|
(6)
|
(4)
|
(2)
|
(2)
|
5
|
6
|
6
|
7
|
(11)
|
(7)
|
(7)
|
(3)
|
15
|
11
|
11
|
7
|
4
|
|
Pre-Tax Income |
39
N/A
|
41
+6%
|
43
+6%
|
37
-15%
|
47
+28%
|
58
+23%
|
68
+16%
|
85
+26%
|
90
+5%
|
95
+6%
|
102
+7%
|
108
+6%
|
429
+298%
|
435
+1%
|
446
+3%
|
448
+1%
|
132
-71%
|
138
+5%
|
150
+8%
|
162
+8%
|
173
+7%
|
152
-12%
|
58
-62%
|
13
-77%
|
(15)
N/A
|
(20)
-40%
|
43
N/A
|
72
+69%
|
52
-28%
|
73
+40%
|
86
+19%
|
107
+25%
|
161
+50%
|
166
+3%
|
192
+16%
|
201
+5%
|
208
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
(2)
|
(9)
|
(12)
|
(15)
|
(19)
|
(19)
|
(23)
|
(29)
|
(31)
|
(39)
|
(39)
|
(38)
|
(38)
|
(29)
|
(27)
|
(29)
|
(32)
|
(38)
|
(37)
|
(15)
|
(4)
|
(1)
|
1
|
(15)
|
(23)
|
(6)
|
(14)
|
(18)
|
(27)
|
(51)
|
(49)
|
(56)
|
(54)
|
(59)
|
|
Income from Continuing Operations |
37
|
40
|
42
|
35
|
38
|
46
|
52
|
67
|
71
|
73
|
73
|
77
|
390
|
396
|
408
|
410
|
103
|
111
|
121
|
130
|
135
|
114
|
42
|
9
|
(15)
|
(19)
|
28
|
50
|
46
|
59
|
69
|
81
|
111
|
117
|
137
|
147
|
149
|
|
Income to Minority Interest |
(1)
|
(0)
|
(0)
|
(5)
|
(20)
|
(33)
|
(46)
|
(53)
|
(50)
|
(46)
|
(37)
|
(30)
|
(23)
|
(17)
|
(16)
|
(15)
|
(15)
|
(16)
|
(16)
|
(17)
|
(18)
|
(15)
|
(8)
|
(3)
|
0
|
1
|
(2)
|
(4)
|
(3)
|
(5)
|
(6)
|
(9)
|
(11)
|
(11)
|
(12)
|
(10)
|
(9)
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
|
Net Income (Common) |
37
N/A
|
39
+6%
|
42
+7%
|
30
-29%
|
19
-38%
|
14
-27%
|
6
-55%
|
13
+120%
|
22
+60%
|
27
+25%
|
35
+31%
|
47
+34%
|
33
-30%
|
44
+33%
|
58
+31%
|
60
+4%
|
88
+47%
|
96
+9%
|
105
+9%
|
113
+8%
|
118
+4%
|
99
-16%
|
35
-65%
|
6
-83%
|
(15)
N/A
|
(18)
-20%
|
25
N/A
|
46
+81%
|
43
-6%
|
54
+25%
|
62
+15%
|
71
+15%
|
99
+39%
|
106
+6%
|
124
+18%
|
137
+10%
|
138
+1%
|
|
EPS (Diluted) |
0.37
N/A
|
0.4
+8%
|
0.43
+7%
|
0.31
-28%
|
0.19
-39%
|
0.36
+89%
|
0.16
-56%
|
0.31
+94%
|
0.5
+61%
|
0.41
-18%
|
0.44
+7%
|
0.54
+23%
|
0.41
-24%
|
0.5
+22%
|
0.65
+30%
|
0.67
+3%
|
1
+49%
|
1.13
+13%
|
1.22
+8%
|
1.33
+9%
|
1.41
+6%
|
1.24
-12%
|
0.42
-66%
|
0.07
-83%
|
-0.19
N/A
|
-0.22
-16%
|
0.31
N/A
|
0.56
+81%
|
0.51
-9%
|
0.64
+25%
|
0.73
+14%
|
0.84
+15%
|
1.18
+40%
|
1.25
+6%
|
1.47
+18%
|
1.61
+10%
|
1.62
+1%
|