Earnings ·
Planet Fitness reports Q3 revenue of $360M and announces new $500M share repurchase authorization
PLNTPlanet Fitness, Inc.
Planet Fitness reported third-quarter fiscal 2026 total revenue of $360.0 million, a 9.0% increase from the prior year period. Net income attributable to the company was $52.0 million, or $0.70 per diluted share, compared to $58.8 million in the same quarter last year. Adjusted EBITDA rose 3.8% to $146.2 million. The company also announced a new $500 million share repurchase program authorized by its Board of Directors and completed the acquisition of Be-Fit, entering the Portuguese market with 25 clubs. Additionally, Planet Fitness initiated a strategic review of refranchising opportunities for its domestic corporate-owned clubs. Planet Fitness is one of the largest franchisors and operators of fitness centers in the world.