Planet Fitness (PLNT) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Planet Fitness Revenue Highlights


Latest Revenue (Y)

$1.07B

Latest Revenue (Q)

$292.25M

Main Segment (Y)

Corporate Owned Stores Segment

Main Geography (Y)

UNITED STATES

Planet Fitness Revenue by Period


Planet Fitness Revenue by Year

DateRevenueChange
2023-12-31$1.07B14.36%
2022-12-31$936.77M59.58%
2021-12-31$587.02M44.37%
2020-12-31$406.62M-40.97%
2019-12-31$688.80M20.23%
2018-12-31$572.90M33.25%
2017-12-31$429.94M13.67%
2016-12-31$378.24M14.43%
2015-12-31$330.54M18.14%
2014-12-31$279.78M32.59%
2013-12-31$211.01M-

Planet Fitness generated $1.07B in revenue during NA 2023, up 14.36% compared to the previous quarter, and up 187.00% compared to the same period a year ago.

Planet Fitness Revenue by Quarter

DateRevenueChange
2024-09-30$292.25M-2.89%
2024-06-30$300.94M21.34%
2024-03-31$248.02M-13.00%
2023-12-31$285.09M2.71%
2023-09-30$277.55M-3.11%
2023-06-30$286.46M28.91%
2023-03-31$222.22M-20.99%
2022-12-31$281.27M15.09%
2022-09-30$244.39M8.89%
2022-06-30$224.44M20.23%
2022-03-31$186.68M1.65%
2021-12-31$183.64M19.05%
2021-09-30$154.25M12.39%
2021-06-30$137.25M22.68%
2021-03-31$111.88M-16.37%
2020-12-31$133.77M26.94%
2020-09-30$105.38M161.93%
2020-06-30$40.23M-68.38%
2020-03-31$127.23M-33.56%
2019-12-31$191.51M14.80%
2019-09-30$166.81M-8.17%
2019-06-30$181.66M22.07%
2019-03-31$148.82M-14.65%
2018-12-31$174.36M27.59%
2018-09-30$136.66M-2.77%
2018-06-30$140.55M15.84%
2018-03-31$121.33M-9.47%
2017-12-31$134.03M37.47%
2017-09-30$97.50M-9.15%
2017-06-30$107.32M17.80%
2017-03-31$91.10M-21.75%
2016-12-31$116.42M33.80%
2016-09-30$87.01M-4.88%
2016-06-30$91.47M9.75%
2016-03-31$83.34M-21.26%
2015-12-31$105.84M53.81%
2015-09-30$68.82M-12.84%
2015-06-30$78.95M2.64%
2015-03-31$76.92M-19.89%
2014-12-31$96.02M51.29%
2014-09-30$63.47M1.23%
2014-06-30$62.70M8.86%
2014-03-31$57.59M-

Planet Fitness generated $292.25M in revenue during Q3 2024, up -2.89% compared to the previous quarter, and up 102.02% compared to the same period a year ago.

Planet Fitness Revenue Breakdown


Planet Fitness Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21Dec 20Dec 19Dec 18
Corporate Owned Stores Segment$379.39M$167.22M$117.14M--
Franchise Segment$4.07M$2.84M$1.42M--
Equipment Segment$1.91M$1.63M$515.00K--
Advertising---$50.16M-
Franchise---$223.14M-
Equipment Revenue---$251.52M$210.16M
Corporate-Owned Stores---$159.70M$138.60M
Commission Income---$4.29M$6.63M

Planet Fitness's latest annual revenue breakdown by segment (product or service), as of Dec 22: Corporate Owned Stores Segment (98.45%), Franchise Segment (1.06%), and Equipment Segment (0.50%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Franchise$82.87M$87.68M$84.23M$80.59M$80.85M$75.88M$65.97M$67.92M$65.61M$61.48M$59.76M$52.18M$47.17M$16.21M$48.91M$58.52M$53.44M---
Advertising$19.54M$20.11M$19.79M$17.58M$18.00M$16.80M$14.58M$14.59M$13.97M$13.86M$13.02M$11.61M$12.54M$4.74M$9.23M$13.17M$12.65M---
Equipment Revenue$61.70M$67.69M$21.62M$66.14M$73.86M$23.66M$62.31M$40.45M$30.43M$34.97M$23.82M$9.94M$17.34M$9.81M$28.19M$77.00M$59.36M---
Corporate-Owned Stores-$125.47M$122.38M$113.25M$113.76M$105.88M$101.33M$101.45M$76.16M$43.90M$40.58M$37.88M$28.29M$9.42M$40.52M$41.22M$40.74M---
Corporate Owned Stores Segment------$100.45M$44.86M$38.92M-----------
Equipment Segment------$1.32M$670.00K$422.00K-----------
Franchise Segment------$1.70M$1.10M$691.00K-----------
Commission Income-------$193.00K$41.00K$503.00K$39.00K$70.00K$272.00K$48.00K$45.00K$390.00K$1.61M$614.00K--

Planet Fitness's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Franchise (50.50%), Equipment Revenue (37.60%), and Advertising (11.91%).

Planet Fitness Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 18
UNITED STATES$219.51M

Planet Fitness's latest annual revenue breakdown by geography, as of Dec 18: UNITED STATES (100.00%).

Quarterly Revenue by Country

CountryMar 19Dec 18Sep 18Jun 18Mar 18
UNITED STATES$64.40M$55.28M$53.53M$57.25M$53.45M

Planet Fitness's latest quarterly revenue breakdown by geography, as of Mar 19: UNITED STATES (100.00%).

Planet Fitness Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
MATMattel$5.44B$1.84B
HASHasbro$5.00B$1.28B
GOLFAcushnet$2.38B$620.50M
LTHLife Time Group$2.22B$693.20M
FUNSix Flags Entertainment$1.80B$571.62M
SEASUnited Parks & Resorts$1.73B$388.96M
SIXSix Flags Entertainment$1.41B$142.19M
BOWLBowlero$1.15B$260.19M
FNKOFunko$1.10B$292.76M
PLNTPlanet Fitness$1.07B$292.25M
MSGESphere Entertainment$851.50M$138.70K
JAKKJAKKS Pacific$711.56M$321.61M
JOUTJohnson Outdoors$663.84M$172.47M
XPOFXponential Fitness$318.66M$79.52M
FXLVF45 Training$104.42M$17.04M

PLNT Revenue FAQ


What is Planet Fitness’s yearly revenue?

Planet Fitness's yearly revenue for 2023 was $1.07B, representing an increase of 14.36% compared to 2022. The company's yearly revenue for 2022 was $936.77M, representing an increase of 59.58% compared to 2021. PLNT's yearly revenue for 2021 was $587.02M, representing an increase of 44.37% compared to 2020.

What is Planet Fitness’s quarterly revenue?

Planet Fitness's quarterly revenue for Q3 2024 was $292.25M, a -2.89% decrease from the previous quarter (Q2 2024), and a 5.29% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $300.94M, a 21.34% increase from the previous quarter (Q1 2024), and a 5.05% increase year-over-year (Q2 2023). PLNT's quarterly revenue for Q1 2024 was $248.02M, a -13.00% decrease from the previous quarter (Q4 2023), and a 11.61% increase year-over-year (Q1 2023).

What is Planet Fitness’s revenue growth rate?

Planet Fitness's revenue growth rate for the last 3 years (2021-2023) was 82.50%, and for the last 5 years (2019-2023) was 55.53%.

What are Planet Fitness’s revenue streams?

Planet Fitness's revenue streams in c 22 are Corporate Owned Stores Segment, Franchise Segment, and Equipment Segment. Corporate Owned Stores Segment generated $379.39M in revenue, accounting 98.45% of the company's total revenue, up 126.88% year-over-year. Franchise Segment generated $4.07M in revenue, accounting 1.06% of the company's total revenue, up 43.45% year-over-year. Equipment Segment generated $1.91M in revenue, accounting 0.50% of the company's total revenue, up 17.40% year-over-year.

What is Planet Fitness’s main source of revenue?

For the fiscal year ending Dec 22, the largest source of revenue of Planet Fitness was Corporate Owned Stores Segment. This segment made a revenue of $379.39M, representing 98.45% of the company's total revenue.