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Planet Fitness Inc

For the period ended Dec 31, 2024. Filed Feb 25, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 25, 2025

PLNT$61.11+1.3%Stored close · as of Nov 9, 2026

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Contents

Item 2. Properties

Our New Hampshire Corporate Support Center is located in Hampton, New Hampshire and consists of approximately 71,700 sq. ft. of leased office space. It is the base of operations for our executive management and nearly all of the employees who provide our primary corporate and franchisee support functions. In addition, the Company has a Florida Corporate Support Center located in Orlando, Florida, which consists of 8,168 sq. ft. of leased office space.

Corporate-Owned Clubs

We lease all but one of our corporate-owned clubs. Our club leases typically have initial terms of 10 years with two five-year renewal options, exercisable in our discretion. As of December 31, 2024, we had 277 corporate-owned club locations. The following table lists all of our corporate-owned club counts by state, province or country as of December 31, 2024:

State/Province/CountryClub Count
Florida66
New York38
South Carolina36
Georgia23
Pennsylvania22
New Hampshire22
North Carolina17
New Jersey16
California8
Alabama6
Delaware5
Maine5
Spain5
Massachusetts4
Ontario2
Vermont2

Franchisee Clubs

Franchisees own or directly lease from a third-party each Planet Fitness franchise location. We have not historically owned or entered into leases for Planet Fitness franchise clubs and generally do not guarantee franchisees’ lease agreements, although we have done so in a few certain instances and may do so from time to time. As of December 31, 2024, we had 2,445 franchisee-owned clubs in all 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico and Australia.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.