Planet Fitness Q3 revenue skyrockets 9% to $360 million

Planet Fitness (NYSE:PLNT) reported third-quarter 2026 revenue of $360 million, up 9% year over year, while adjusted EBITDA increased to $146.2 million from $140.8 million.

System-wide same club sales increased 1.5%, compared with the prior-year period, while net income attributable to Planet Fitness declined to $52 million from $58.8 million.

Net income declined despite higher revenue, while diluted EPS remained at $0.70.

The company also repurchased $50 million of shares during the quarter and completed its acquisition of Be-Fit in Portugal for approximately €102.5 million, including contingent consideration.

Planet Fitness raised its 2026 revenue growth forecast to approximately 8% from 7% and same club sales growth guidance to approximately 1.5%–2% from approximately 1%, while reducing its expected new equipment placements to approximately 135–140 from 150–160.

The company also authorized a new share repurchase programme of up to $500 million, replacing or supplementing its previous authorization as specified in the programme terms.

Planet Fitness operates a franchised and company-owned fitness club network, offering gym memberships, exercise equipment and fitness services through locations across the United States and international markets.