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Planet Fitness, Inc. — Third Quarter 2026 Earnings Summary

  • Total revenue rose 9.0% year-over-year to $360.0 million, while adjusted EBITDA increased 3.8% to $146.2 million; however, net income declined to $52.0 million ($0.70 per share) from $58.8 million in the prior year period.
  • The company raised full-year 2026 guidance for system-wide same club sales (1.5% to 2%), revenue growth (8%), and adjusted EBITDA growth (6.5%), while lowering new equipment placement guidance to 135–140 units.
  • Strategic expansion included the acquisition of Be-Fit in Portugal for approximately $114.8 million, adding 25 clubs and 80,000 members, with plans to eventually refranchise the business.
  • Capital allocation included the repurchase of 1.0 million shares for $50.0 million and the authorization of a new $500 million share repurchase program, alongside a strategic review of refranchising domestic corporate-owned clubs.
Company
PLANET FITNESS INC
Sector
Consumer Cyclical
Industry
Leisure