Planet Fitness (PLNT) Revenue & Revenue Breakdown


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Planet Fitness Revenue Highlights


Latest Revenue (Y)

$1.07B

Latest Revenue (Q)

$300.94M

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
2024-06-30$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 $300.94M in revenue during Q2 2024, up 21.34% compared to the previous quarter, and up 135.42% 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
Equipment Segment$1.91M$1.63M$515.00K--
Franchise Segment$4.07M$2.84M$1.42M--
Corporate Owned Stores Segment$379.39M$167.22M$117.14M--
Corporate-Owned Stores---$159.70M$138.60M
Commission Income---$4.29M$6.63M
Advertising---$50.16M-
Franchise---$223.14M-
Equipment Revenue---$251.52M$210.16M

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/ServiceJun 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Franchise$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$58.23M---
Equipment Revenue$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$70.15M---
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$39.70M---
Advertising$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$12.52M---
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$1.06M--

Planet Fitness's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Corporate-Owned Stores (41.69%), Franchise (29.13%), Equipment Revenue (22.49%), and Advertising (6.68%).

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$1.08B
HASHasbro$5.00B$995.30M
GOLFAcushnet$2.38B$683.87B
LTHLife Time Group$2.22B$667.76M
FUNSix Flags Entertainment$1.80B$101.61M
SEASUnited Parks & Resorts$1.73B$388.96M
SIXSix Flags Entertainment$1.41B$142.19M
BOWLBowlero$1.15B$337.67M
FNKOFunko$1.10B$247.66M
PLNTPlanet Fitness$1.07B$300.94M
MSGESphere Entertainment$851.50M$130.86M
JAKKJAKKS Pacific$711.56M$148.62M
JOUTJohnson Outdoors$663.84M$172.47M
XPOFXponential Fitness$318.66M$79.52M
FXLVF45 Training$104.42M$17.04M

PLNT Revenue FAQ


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.

Planet Fitness'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). The company'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). PLNT's quarterly revenue for Q4 2023 was $285.09M, a 2.71% increase from the previous quarter (Q3 2023), and a 1.36% increase year-over-year (Q4 2022).

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%.

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

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.