Planet Fitness, Inc.
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
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FY2025 · Filed Feb 25, 2026
PLNT$61.34+0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations for the Years Ended December
Consolidated Statements of Operations
| For the Years Ended December 31, | |||
|---|---|---|---|
| (in thousands, except per share amounts) | 2025 | 2024 | 2023 |
| Revenue: | |||
| Franchise | $380,971 | $344,320 | $317,917 |
| National advertising fund revenue | 86,987 | 78,927 | 70,012 |
| Corporate-owned clubs | 546,097 | 502,287 | 449,296 |
| Equipment | 310,089 | 256,120 | 234,101 |
| Total revenue | 1,324,144 | 1,181,654 | 1,071,326 |
| Operating costs and expenses: | |||
| Cost of revenue | 230,308 | 197,122 | 190,026 |
| Club operations | 318,545 | 290,507 | 253,619 |
| Selling, general and administrative | 137,634 | 129,146 | 124,930 |
| National advertising fund expense | 87,580 | 79,009 | 70,095 |
| Depreciation and amortization | 155,785 | 160,346 | 149,413 |
| Other (gain) loss, net | (385) | 1,326 | 10,379 |
| Total operating costs and expenses | 929,467 | 857,456 | 798,462 |
| Income from operations | 394,677 | 324,198 | 272,864 |
| Other income (expense), net: | |||
| Interest income | 22,999 | 23,115 | 17,741 |
| Interest expense | (108,244) | (100,037) | (86,576) |
| Other (expense) income, net | (454) | (548) | 3,512 |
| Total other expense, net | (85,699) | (77,470) | (65,323) |
| Income before income taxes | 308,978 | 246,728 | 207,541 |
| Provision for income taxes | 85,874 | 68,443 | 58,512 |
| Losses from equity-method investments, net of tax | (2,840) | (4,042) | (1,994) |
| Net income | 220,264 | 174,243 | 147,035 |
| Less net income attributable to non-controlling interests | 1,160 | 2,201 | 8,722 |
| Net income attributable to Planet Fitness, Inc. | $219,104 | $172,042 | $138,313 |
| Net income per share of Class A common stock: | |||
| Basic | $2.62 | $2.01 | $1.63 |
| Diluted | $2.62 | $2.00 | $1.62 |
| Weighted-average shares of Class A common stock outstanding: | |||
| Basic | 83,519 | 85,621 | 84,896 |
| Diluted | 83,726 | 85,827 | 85,185 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.