Planet Fitness Q3 revenue rises 9%, beats estimates
PLNT•Planet Fitness reported Q3 revenue of $360 million, up 9% year over year and above the $348.34 million consensus, while adjusted net income of $61.90 million also beat estimates. It raised its 2026 revenue growth outlook to about 8% and authorized a new $500 million stock buyback.
1. Quarterly results
Planet Fitness reported Q3 revenue of $360 million, up 9% year over year and above the $348.34 million analyst estimate. Adjusted net income was $61.90 million, compared with the $61.03 million consensus, and net income was $52 million.
2. Higher 2026 outlook
The company raised its 2026 revenue growth outlook to about 8% from 7%. It now expects system-wide same-club sales growth of 1.5% to 2%, up from about 1%, and adjusted EBITDA growth of about 6.5%, compared with its prior 6% forecast.
3. Buyback and segment drivers
Planet Fitness repurchased and retired $50 million of stock and authorized a new $500 million buyback. Higher franchise revenue reflected a 1% increase in National Advertising Fund contributions and new club openings; equipment sales to existing franchisee-owned clubs also contributed to segment growth.
