Planet Fitness, Inc(NYSE:PLNT)

Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. It operates through three segments: Franchise, Corporate-Owned Stores, and Equipment. The Franchise segment is involved in franchising business in the United States, Puerto R...
Website: http://www.planetfitness.com
Founded: 1992
Full Time Employees: 1,735
CEO: Chris Rondeau
Sector: Consumer Cyclical
Industry: Leisure
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 |
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revenue: | ||||||||||||||||||||||||||||||||||||||||||||
franchise | 102,249,000 | 98,609,000 | 92,245,000 | 96,877,000 | 93,240,000 | 89,537,000 | 82,873,000 | 87,676,000 | 84,234,000 | 80,604,000 | 80,587,000 | 80,846,000 | 75,878,000 | 72,053,000 | 65,975,000 | 67,917,000 | 65,614,000 | 64,151,000 | 61,481,000 | 59,758,000 | 52,180,000 | 49,863,000 | 47,171,000 | 16,214,000 | 48,910,000 | 58,515,000 | 53,443,000 | 58,225,000 | 52,956,000 | 45,739,000 | 41,997,000 | 45,417,000 | 42,162,000 | 37,498,000 | 31,413,000 | 32,791,000 | 30,281,000 | 27,332,000 | 23,046,000 | 25,506,000 | 21,491,000 | 19,956,000 | 16,148,000 | |
national advertising fund revenue | 32,218,000 | 20,836,000 | 21,430,000 | 22,781,000 | 21,940,000 | 19,485,000 | 19,542,000 | 20,114,000 | 19,786,000 | 17,634,000 | 17,578,000 | 17,996,000 | 16,804,000 | 14,945,000 | 14,578,000 | 14,585,000 | 13,967,000 | 13,868,000 | 13,863,000 | 13,021,000 | 11,609,000 | 16,792,000 | 12,538,000 | 4,743,000 | 9,229,000 | 13,169,000 | 12,652,000 | 12,522,000 | 11,812,000 | 9,197,000 | 11,377,000 | 11,158,000 | 10,461,000 | |||||||||||
corporate-owned clubs | 140,622,000 | 135,606,000 | 137,833,000 | 138,989,000 | 133,669,000 | 126,311,000 | 128,132,000 | |||||||||||||||||||||||||||||||||||||
equipment | 62,147,000 | 121,207,000 | 78,837,000 | 82,232,000 | 27,813,000 | 105,117,000 | 61,699,000 | 67,685,000 | 21,619,000 | 70,437,000 | 66,141,000 | 73,862,000 | 23,661,000 | 94,554,000 | 62,310,000 | 40,446,000 | 30,435,000 | 60,359,000 | 34,973,000 | 23,823,000 | 9,939,000 | 27,985,000 | 17,337,000 | 9,813,000 | 28,186,000 | 76,996,000 | 59,364,000 | 70,154,000 | 45,011,000 | 81,570,000 | 46,428,000 | 48,148,000 | 34,013,000 | 65,798,000 | 33,374,000 | 41,237,000 | 27,264,000 | 58,346,000 | 33,107,000 | 35,610,000 | 29,969,000 | 56,474,000 | 23,870,000 | 40.7 |
total revenue | 337,236,000 | 376,258,000 | 330,345,000 | 340,879,000 | 276,662,000 | 340,450,000 | 292,246,000 | 300,941,000 | 248,017,000 | 285,086,000 | 277,551,000 | 286,463,000 | 222,225,000 | 281,268,000 | 244,386,000 | 224,442,000 | 186,676,000 | 183,640,000 | 154,255,000 | 137,251,000 | 111,877,000 | 133,771,000 | 105,383,000 | 40,234,000 | 127,231,000 | 191,511,000 | 166,815,000 | 181,661,000 | 148,817,000 | 174,360,000 | 136,656,000 | 140,550,000 | 121,333,000 | 134,028,000 | 97,496,000 | 107,316,000 | 91,102,000 | 116,419,000 | 87,007,000 | 91,472,000 | 83,343,000 | 105,845,000 | 68,817,000 | 100 |
yoy | 21.89% | 10.52% | 13.04% | 13.27% | 11.55% | 19.42% | 5.29% | 5.05% | 11.61% | 1.36% | 13.57% | 27.63% | 19.04% | 53.16% | 58.43% | 63.53% | 66.86% | 37.28% | 46.38% | 241.13% | -12.07% | -30.15% | -36.83% | -77.85% | -14.51% | 9.84% | 22.07% | 29.25% | 22.65% | 30.09% | 40.17% | 30.97% | 33.18% | 15.13% | 12.06% | 17.32% | 9.31% | 9.99% | 26.43% | 91471900.00% | ||||
qoq | -10.37% | 13.90% | -3.09% | 23.21% | -18.74% | 16.49% | -2.89% | 21.34% | -13.00% | 2.71% | -3.11% | 28.91% | -20.99% | 15.09% | 8.89% | 20.23% | 1.65% | 19.05% | 12.39% | 22.68% | -16.37% | 26.94% | 161.93% | -68.38% | -33.56% | 14.80% | -8.17% | 22.07% | -14.65% | 27.59% | -2.77% | 15.84% | -9.47% | 37.47% | -9.15% | 17.80% | -21.75% | 33.80% | -4.88% | 9.75% | -21.26% | 53.81% | 68816900.00% | |
operating costs and expenses: | ||||||||||||||||||||||||||||||||||||||||||||
cost of revenue | 45,341,000 | 90,245,000 | 58,155,000 | 59,423,000 | 22,485,000 | 80,494,000 | 45,701,000 | 51,934,000 | 18,993,000 | 57,465,000 | 53,751,000 | 59,457,000 | 19,354,000 | 73,764,000 | 48,531,000 | 32,544,000 | 22,361,000 | 47,414,000 | 27,097,000 | 18,497,000 | 7,985,000 | 25,330,000 | 15,302,000 | 8,478,000 | 21,846,000 | 59,378,000 | 46,194,000 | 54,391,000 | 34,486,000 | 62,532,000 | 36,871,000 | 36,744,000 | 26,500,000 | 50,871,000 | 25,819,000 | 31,452,000 | 21,124,000 | 44,952,000 | 25,925,000 | 27,801,000 | 23,639,000 | 43,388,000 | 18,858,000 | 32 |
club operations | 88,194,000 | 79,636,000 | 79,792,000 | 77,437,000 | 81,680,000 | 74,388,000 | 71,614,000 | |||||||||||||||||||||||||||||||||||||
selling, general and administrative | 34,150,000 | 37,291,000 | 30,525,000 | 35,511,000 | 34,307,000 | 35,693,000 | 32,647,000 | 31,613,000 | 29,193,000 | 31,225,000 | 33,290,000 | 32,646,000 | 27,767,000 | 28,677,000 | 27,148,000 | 28,202,000 | 30,826,000 | 27,292,000 | 22,969,000 | 21,789,000 | 22,490,000 | 17,442,000 | 18,295,000 | 15,896,000 | 16,953,000 | 20,874,000 | 20,928,000 | 18,864,000 | 18,154,000 | 20,380,000 | 17,233,000 | 17,210,000 | 17,623,000 | 17,710,000 | 14,071,000 | 14,768,000 | 13,820,000 | 13,538,000 | 12,244,000 | 12,381,000 | 11,845,000 | 11,733,000 | 17,348,000 | 15.6 |
national advertising fund expense | 32,218,000 | 21,430,000 | 21,429,000 | 22,777,000 | 21,944,000 | 19,385,000 | 19,720,000 | 20,112,000 | 19,792,000 | 17,599,000 | 17,618,000 | 17,890,000 | 16,987,000 | 15,671,000 | 17,009,000 | 18,889,000 | 14,547,000 | 17,574,000 | 15,586,000 | 13,529,000 | 12,753,000 | 15,015,000 | 20,157,000 | 10,878,000 | 15,205,000 | 13,167,000 | 12,652,000 | 12,522,000 | 11,812,000 | 9,622,000 | 11,377,000 | 11,158,000 | 10,461,000 | |||||||||||
depreciation and amortization | 40,251,000 | 39,967,000 | 39,108,000 | 38,429,000 | 38,281,000 | 40,116,000 | 41,033,000 | 39,817,000 | 39,380,000 | 39,159,000 | 37,477,000 | 36,767,000 | 36,010,000 | 33,595,000 | 32,572,000 | 32,172,000 | 25,683,000 | 16,042,000 | 16,248,000 | 15,036,000 | 15,474,000 | 14,396,000 | 13,636,000 | 13,008,000 | 12,792,000 | 12,030,000 | 11,832,000 | 10,577,000 | 9,907,000 | 9,313,000 | 8,863,000 | 8,619,000 | 8,465,000 | 7,779,000 | 8,137,000 | 7,894,000 | 7,951,000 | 8,375,000 | 7,745,000 | 7,678,000 | 7,703,000 | 7,998,000 | 7,976,000 | 10.1 |
other gains | -1,587,000 | |||||||||||||||||||||||||||||||||||||||||||
total operating costs and expenses | 238,567,000 | 270,253,000 | 223,277,000 | 238,477,000 | 197,460,000 | 250,704,000 | 210,995,000 | 213,562,000 | 182,195,000 | 213,730,000 | 205,200,000 | 209,461,000 | 170,069,000 | 216,873,000 | 182,452,000 | 169,350,000 | 138,019,000 | 154,450,000 | 109,708,000 | 96,999,000 | 82,471,000 | 101,599,000 | 89,341,000 | 62,956,000 | 92,964,000 | 129,941,000 | 113,754,000 | 116,395,000 | 95,632,000 | 121,618,000 | 93,083,000 | 91,739,000 | 82,415,000 | 91,751,000 | 63,542,000 | 69,066,000 | 58,047,000 | 80,350,000 | 60,854,000 | 63,641,000 | 57,733,000 | 77,053,000 | 58,478,000 | 76.2 |
income from operations | 98,669,000 | 106,005,000 | 107,068,000 | 102,402,000 | 79,202,000 | 89,746,000 | 81,251,000 | 87,379,000 | 65,822,000 | 71,356,000 | 72,351,000 | 77,002,000 | 52,156,000 | 64,395,000 | 61,934,000 | 55,092,000 | 48,657,000 | 29,190,000 | 44,547,000 | 40,252,000 | 29,406,000 | 32,172,000 | 16,042,000 | -22,722,000 | 34,267,000 | 61,570,000 | 53,061,000 | 65,266,000 | 53,185,000 | 52,742,000 | 43,573,000 | 48,811,000 | 38,918,000 | 42,277,000 | 33,954,000 | 38,250,000 | 33,055,000 | 36,069,000 | 26,153,000 | 27,831,000 | 25,610,000 | 28,792,000 | 10,339,000 | 23.8 |
yoy | 24.58% | 18.12% | 31.77% | 17.19% | 20.33% | 25.77% | 12.30% | 13.48% | 26.20% | 10.81% | 16.82% | 39.77% | 7.19% | 120.61% | 39.03% | 36.87% | 65.47% | -9.27% | 177.69% | -277.15% | -14.19% | -47.75% | -69.77% | -134.81% | -35.57% | 16.74% | 21.77% | 33.71% | 36.66% | 24.75% | 28.33% | 27.61% | 17.74% | 17.21% | 29.83% | 37.44% | 29.07% | 25.27% | 152.95% | 116936874.79% | ||||
qoq | -6.92% | -0.99% | 4.56% | 29.29% | -11.75% | 10.46% | -7.01% | 32.75% | -7.76% | -1.38% | -6.04% | 47.64% | -19.01% | 3.97% | 12.42% | 13.23% | 66.69% | -34.47% | 10.67% | 36.88% | -8.60% | 100.55% | -170.60% | -166.31% | -44.34% | 16.04% | -18.70% | 22.72% | 0.84% | 21.04% | -10.73% | 25.42% | -7.95% | 24.51% | -11.23% | 15.72% | -8.36% | 37.92% | -6.03% | 8.67% | -11.05% | 178.48% | 43441076.47% | |
operating margin % | 29.26% | 28.17% | 32.41% | 30.04% | 28.63% | 26.36% | 27.80% | 29.04% | 26.54% | 25.03% | 26.07% | 26.88% | 23.47% | 22.89% | 25.34% | 24.55% | 26.06% | 15.90% | 28.88% | 29.33% | 26.28% | 24.05% | 15.22% | -56.47% | 26.93% | 32.15% | 31.81% | 35.93% | 35.74% | 30.25% | 31.89% | 34.73% | 32.08% | 31.54% | 34.83% | 35.64% | 36.28% | 30.98% | 30.06% | 30.43% | 30.73% | 27.20% | 15.02% | 23.80% |
other income, net: | ||||||||||||||||||||||||||||||||||||||||||||
interest income | 5,662,000 | 5,561,000 | 5,936,000 | 5,690,000 | 5,812,000 | 6,428,000 | 5,610,000 | 5,616,000 | 5,461,000 | 5,402,000 | 4,245,000 | 4,163,000 | 3,931,000 | 2,761,000 | 1,561,000 | 474,000 | 209,000 | 233,000 | 233,000 | 195,000 | 217,000 | 302,000 | 349,000 | 359,000 | 1,927,000 | 1,468,000 | 1,808,000 | 1,979,000 | 1,798,000 | 2,201,000 | 2,025,000 | |||||||||||||
interest expense | -32,967,000 | -29,524,000 | -26,342,000 | -26,181,000 | -26,197,000 | -27,468,000 | -26,603,000 | -24,533,000 | -21,433,000 | -21,805,000 | -21,704,000 | -21,468,000 | -21,599,000 | -22,101,000 | -21,917,000 | -21,979,000 | -22,631,000 | -20,492,000 | -20,350,000 | -20,125,000 | -20,244,000 | -20,723,000 | -20,686,000 | -20,467,000 | -20,240,000 | -16,660,000 | -14,807,000 | -14,636,000 | -14,749,000 | -15,021,000 | -17,909,000 | -8,628,000 | -8,734,000 | -8,572,000 | -8,920,000 | -9,028,000 | -8,763,000 | -8,306,000 | -6,291,000 | -6,161,000 | -6,367,000 | -6,677,000 | -6,556,000 | -8.3 |
other income | 615,000 | -3,746,000 | 1,067,000 | 1,942,000 | 283,000 | -1,680,000 | -558,000 | 1,043,000 | 647,000 | 2,881,000 | 148,000 | 370,000 | 113,000 | 5,983,000 | 4,762,000 | 148,000 | 4,090,000 | -11,797,000 | 677,000 | -147,000 | 165,000 | -3,318,000 | -5,837,000 | -27,000 | 192,000 | 316,771,000 | 408,000 | -933,000 | 682,000 | 1,341,000 | -204,000 | -160,000 | 393,000 | -0.1 | ||||||||||
total other expense | -26,690,000 | -18,549,000 | -20,102,000 | -22,720,000 | -21,551,000 | -17,874,000 | -15,325,000 | -13,522,000 | -17,311,000 | -16,935,000 | -17,555,000 | -13,357,000 | -15,594,000 | -21,357,000 | -18,332,000 | -32,056,000 | -19,440,000 | -20,077,000 | -19,862,000 | -14,734,000 | -20,361,000 | -20,181,000 | -19,000,000 | -10,857,750 | -13,060,000 | -14,101,000 | -16,269,000 | -8,395,750 | -15,911,000 | -9,130,000 | -8,542,000 | -6,638,500 | -8,512,000 | -9,961,000 | -8,081,000 | -6,965,000 | -6,495,000 | -6,321,000 | -5,974,000 | -4,325,000 | -8,371,000 | -8.4 | ||
income before income taxes | 71,979,000 | 78,296,000 | 87,729,000 | 83,853,000 | 59,100,000 | 67,026,000 | 59,700,000 | 69,505,000 | 50,497,000 | 57,834,000 | 55,040,000 | 60,067,000 | 34,601,000 | 51,038,000 | 46,340,000 | 33,735,000 | 30,325,000 | -2,866,000 | 25,107,000 | 20,175,000 | 9,544,000 | 17,438,000 | -4,319,000 | -42,903,000 | 15,267,000 | 45,095,000 | 40,001,000 | 51,165,000 | 36,916,000 | 34,085,000 | 27,662,000 | 39,681,000 | 30,376,000 | 350,476,000 | 25,442,000 | 28,289,000 | 24,974,000 | 29,104,000 | 19,658,000 | 21,510,000 | 19,636,000 | 24,467,000 | 1,968,000 | 15.4 |
provision for income taxes | 19,309,000 | 16,754,000 | 27,974,000 | 24,930,000 | 16,216,000 | 18,619,000 | 16,523,000 | 18,977,000 | 14,324,000 | 19,657,000 | 13,474,000 | 15,814,000 | 9,567,000 | 14,573,000 | 15,661,000 | 8,570,000 | 11,711,000 | -9,329,000 | 6,475,000 | 5,159,000 | 3,354,000 | 7,756,000 | -1,035,000 | -10,918,000 | 4,884,000 | 10,840,000 | 10,309,000 | 11,338,000 | 5,277,000 | 5,307,000 | 7,190,000 | 9,263,000 | 6,883,000 | 349,647,000 | 6,540,000 | 10,285,000 | 7,108,000 | 7,157,000 | 4,795,000 | 3,419,000 | 3,291,000 | 7,227,000 | 1,230,000 | 0.5 |
losses from equity-method investments, net of tax | -874,000 | -628,000 | -805,000 | -844,000 | -782,000 | -1,216,000 | -1,200,000 | |||||||||||||||||||||||||||||||||||||
net income | 51,796,000 | 60,707,000 | 59,183,000 | 58,295,000 | 42,079,000 | 47,563,000 | 42,395,000 | 49,312,000 | 34,973,000 | 36,763,000 | 41,324,000 | 44,180,000 | 24,769,000 | 36,332,000 | 30,677,000 | 25,071,000 | 18,376,000 | 6,284,000 | 18,632,000 | 15,016,000 | 6,190,000 | 9,682,000 | -3,284,000 | -31,985,000 | 10,383,000 | 34,255,000 | 29,692,000 | 39,827,000 | 31,639,000 | 28,778,000 | 20,472,000 | 30,418,000 | 23,493,000 | 829,000 | 18,902,000 | 18,004,000 | 17,866,000 | 21,947,000 | 14,863,000 | 18,091,000 | 16,345,000 | 17,240,000 | 738,000 | 11.6 |
yoy | 23.09% | 27.63% | 39.60% | 18.22% | 20.32% | 29.38% | 2.59% | 11.62% | 41.20% | 1.19% | 34.71% | 76.22% | 34.79% | 478.17% | 64.65% | 66.96% | 196.87% | -35.10% | -667.36% | -146.95% | -40.38% | -71.74% | -111.06% | -180.31% | -67.18% | 19.03% | 45.04% | 30.93% | 34.67% | 3371.41% | 8.31% | 68.95% | 31.50% | -96.22% | 27.17% | -0.48% | 9.31% | 27.30% | 1913.96% | 155956796.55% | ||||
qoq | -14.68% | 2.58% | 1.52% | 38.54% | -11.53% | 12.19% | -14.03% | 41.00% | -4.87% | -11.04% | -6.46% | 78.37% | -31.83% | 18.43% | 22.36% | 36.43% | 192.43% | -66.27% | 24.08% | 142.58% | -36.07% | -394.82% | -89.73% | -408.05% | -69.69% | 15.37% | -25.45% | 25.88% | 9.94% | 40.57% | -32.70% | 29.48% | 2733.90% | -95.61% | 4.99% | 0.77% | -18.59% | 47.66% | -17.84% | 10.68% | -5.19% | 2236.04% | 6361968.97% | |
net income margin % | 15.36% | 16.13% | 17.92% | 17.10% | 15.21% | 13.97% | 14.51% | 16.39% | 14.10% | 12.90% | 14.89% | 15.42% | 11.15% | 12.92% | 12.55% | 11.17% | 9.84% | 3.42% | 12.08% | 10.94% | 5.53% | 7.24% | -3.12% | -79.50% | 8.16% | 17.89% | 17.80% | 21.92% | 21.26% | 16.50% | 14.98% | 21.64% | 19.36% | 0.62% | 19.39% | 16.78% | 19.61% | 18.85% | 17.08% | 19.78% | 19.61% | 16.29% | 1.07% | 11.60% |
less net income attributable to non-controlling interests | 242,000 | 212,000 | 664,000 | 1,423,000 | 2,190,000 | 3,045,000 | 2,064,000 | 2,649,000 | 3,764,000 | 2,729,000 | 1,912,000 | 544,000 | 1,189,000 | 1,006,000 | 609,000 | 992,000 | -173,000 | -2,808,000 | 1,776,000 | 4,590,000 | 3,915,000 | 4,983,000 | 4,230,000 | 3,983,000 | 3,001,000 | 4,544,000 | 3,613,000 | 4,282,000 | 3,557,000 | 5,592,000 | 9,024,000 | 11,373,000 | 11,438,000 | 13,959,000 | 12,977,000 | 14,755,000 | 4,631,000 | |||||||
net income attributable to planet fitness, inc. | 51,554,000 | 60,389,000 | 58,829,000 | 58,019,000 | 41,867,000 | 47,084,000 | 42,009,000 | 48,640,000 | 34,309,000 | 35,340,000 | 39,134,000 | 41,135,000 | 22,705,000 | 33,683,000 | 26,913,000 | 22,342,000 | 16,464,000 | 5,740,000 | 17,443,000 | 14,010,000 | 5,581,000 | 8,690,000 | -3,111,000 | -29,177,000 | 8,607,000 | 29,665,000 | 25,777,000 | 34,844,000 | 27,409,000 | 24,795,000 | 17,471,000 | 25,874,000 | 19,880,000 | -3,453,000 | 15,345,000 | 12,412,000 | 8,842,000 | 10,574,000 | 3,425,000 | 4,132,000 | 3,368,000 | 2,485,000 | -3,893,000 | |
net income per share | ||||||||||||||||||||||||||||||||||||||||||||
basic | 0.65 | 0.73 | 0.7 | 0.69 | 0.5 | 0.56 | 0.5 | 0.56 | 0.39 | 0.41 | 0.46 | 0.49 | 0.27 | 0.4 | 0.32 | 0.26 | 0.2 | 0.06 | 0.21 | 0.17 | 0.07 | 0.11 | -0.04 | -0.36 | 0.11 | 0.37 | 0.31 | 0.41 | 0.33 | 0.29 | 0.2 | 0.3 | 0.23 | -0.06 | 0.18 | 0.16 | 0.22 | 0.08 | 0.11 | 0.013 | 0.05 | |||
diluted | 0.65 | 0.73 | 0.7 | 0.69 | 0.5 | 0.55 | 0.5 | 0.56 | 0.39 | 0.41 | 0.46 | 0.48 | 0.27 | 0.4 | 0.32 | 0.26 | 0.19 | 0.07 | 0.21 | 0.17 | 0.07 | 0.11 | -0.04 | -0.36 | 0.11 | 0.37 | 0.31 | 0.41 | 0.32 | 0.28 | 0.2 | 0.29 | 0.23 | -0.06 | 0.18 | 0.16 | 0.22 | 0.08 | 0.11 | 0.01 | 0.04 | |||
weighted-average shares of class a common stock outstanding: | ||||||||||||||||||||||||||||||||||||||||||||
basic | 79,575 | 83,519 | 83,517 | 83,861 | 84,170 | 85,621 | 84,570 | 86,809 | 86,909 | 84,896 | 84,610 | 84,618 | 84,444 | 84,137 | 84,156 | 84,810 | 84,166 | 83,296 | 83,274 | 83,223 | 83,084 | 80,303 | 80,221 | 79,966 | 79,098 | 82,977 | 83,157 | 84,143 | 83,806 | 87,235 | 88,047 | 87,693 | 87,434 | 78,910 | 85,663 | 79,154 | 64,121 | 43,300 | 44,669 | 36,771 | 35,661 | |||
diluted | 79,786 | 83,726 | 83,717 | 84,065 | 84,402 | 85,827 | 84,728 | 86,955 | 87,222 | 85,185 | 84,886 | 84,908 | 84,787 | 84,544 | 84,547 | 85,197 | 84,635 | 83,894 | 83,879 | 83,837 | 83,707 | 80,303 | 80,221 | 79,966 | 79,723 | 83,619 | 83,807 | 84,835 | 84,425 | 87,675 | 88,458 | 88,105 | 87,698 | 78,972 | 85,734 | 79,193 | 64,150 | 43,305 | 44,686 | 36,773 | 98,710 | |||
other loss | 1,684,000 | -5,732,000 | 17,500,000 | 57,000 | -282,000 | -2,138,000 | 3,828,000 | 580,000 | 15,000 | 11,000 | 1,747,000 | -147,000 | -122,000 | 368,000 | -80,000 | -12,000 | -39,000 | 1,010,000 | 73,000 | -36,000 | 348,000 | 21,000 | -197,000 | -9,000 | -0.1 | |||||||||||||||||||
total other (expense) | -14,497,500 | -19,339,000 | ||||||||||||||||||||||||||||||||||||||||||
loss from equity-method investments, net of tax | -501,250 | -572,000 | ||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to non-controlling interests | 210,500 | 354,000 | 276,000 | 430,500 | 386,000 | 672,000 | ||||||||||||||||||||||||||||||||||||||
other losses | 4,900,000 | -1,237,000 | 628,000 | 280,000 | -66,000 | 484,000 | 2,674,000 | -56,000 | 3,825,000 | 3,936,000 | 7,533,000 | -700,000 | 1,181,000 | -2,933,000 | ||||||||||||||||||||||||||||||
corporate-owned stores | 125,466,000 | 122,378,000 | 116,411,000 | 113,245,000 | 113,759,000 | 105,882,000 | 100,453,000 | 101,330,000 | 101,453,000 | 76,157,000 | 44,864,000 | 43,899,000 | 40,579,000 | 37,877,000 | 38,918,000 | 28,289,000 | 9,419,000 | 40,516,000 | 41,216,000 | 40,742,000 | 39,695,000 | 38,044,000 | 36,234,000 | 35,406,000 | 34,252,000 | 32,708,000 | 28,228,000 | 28,560,000 | 28,285,000 | 27,041,000 | 25,965,000 | 26,675,000 | 26,383,000 | 25,697,000 | 24,716,000 | 25,153,000 | 31.6 | |||||||
store operations | 70,152,000 | 74,353,000 | 65,608,000 | 63,120,000 | 58,876,000 | 66,015,000 | 57,633,000 | 57,892,000 | 56,362,000 | 47,535,000 | 28,628,000 | 27,751,000 | 28,430,000 | 25,907,000 | 25,588,000 | 21,371,000 | 14,681,000 | 26,157,000 | 22,745,000 | 22,295,000 | 20,163,000 | 20,905,000 | 19,851,000 | 18,751,000 | 18,047,000 | 18,356,000 | 15,318,000 | 15,551,000 | 14,604,000 | 15,184,000 | 14,448,000 | 15,181,000 | 15,760,000 | 14,732,000 | 14,131,000 | 14,305,000 | 18.6 | |||||||
other expense, net: | ||||||||||||||||||||||||||||||||||||||||||||
equity losses of unconsolidated entities, net of tax | -145,000 | -242,000 | -73,000 | -265,000 | -133,000 | -2,000 | ||||||||||||||||||||||||||||||||||||||
commission income | 184,250 | 193,000 | 41,000 | 503,000 | 398,000 | 39,000 | 70,000 | 272,000 | 213,000 | 48,000 | 45,000 | 390,000 | 1,615,000 | 614,000 | 1,065,000 | 994,000 | 1,620,000 | 1,448,000 | 1,575,000 | 1,989,000 | 2,504,000 | 4,149,000 | 5,003,000 | 6,516,000 | 4,776,000 | 4,179,000 | 3,973,000 | 6,186,000 | 4,699,000 | 3,646,000 | 4 | |||||||||||||
equity earnings of unconsolidated entities, net of tax | -94,000 | -238,000 | ||||||||||||||||||||||||||||||||||||||||||
other expense | -196,000 | -24,000 | -73,000 | -687,000 | -1,206,000 | -61,000 | -1,444,000 | -502,000 | 2,352,000 | -1,815,000 | ||||||||||||||||||||||||||||||||||
other gain | -32,000 | -101,500 | -241,000 | -186,000 | ||||||||||||||||||||||||||||||||||||||||
net income per share | ||||||||||||||||||||||||||||||||||||||||||||
basic & diluted | 0.14 | 0.09 | ||||||||||||||||||||||||||||||||||||||||||
weighted-average shares of class a common stock outstanding: | ||||||||||||||||||||||||||||||||||||||||||||
provision for income taxes, as reported | 0.4 | |||||||||||||||||||||||||||||||||||||||||||
purchase accounting adjustments | 0.3 | |||||||||||||||||||||||||||||||||||||||||||
management fees | 0.3 | |||||||||||||||||||||||||||||||||||||||||||
it system upgrade costs | 0.4 | |||||||||||||||||||||||||||||||||||||||||||
transaction fees | ||||||||||||||||||||||||||||||||||||||||||||
ipo-related costs | 3.3 | |||||||||||||||||||||||||||||||||||||||||||
pre-openings costs | 0.1 | |||||||||||||||||||||||||||||||||||||||||||
purchase accounting amortization | 5.3 | |||||||||||||||||||||||||||||||||||||||||||
adjusted income before income taxes | 21.7 | |||||||||||||||||||||||||||||||||||||||||||
pro forma income taxes | 8.8 | |||||||||||||||||||||||||||||||||||||||||||
pro forma adjusted net income | 12.9 | |||||||||||||||||||||||||||||||||||||||||||
pro forma adjusted net income per share, diluted | 0.13 | |||||||||||||||||||||||||||||||||||||||||||
pro forma shares outstanding | 98.7 | |||||||||||||||||||||||||||||||||||||||||||
franchise revenue | 23.7 | |||||||||||||||||||||||||||||||||||||||||||
franchise segment | 27.7 | |||||||||||||||||||||||||||||||||||||||||||
less net income attributable to noncontrolling interests | 0.1 | |||||||||||||||||||||||||||||||||||||||||||
net income attributable to pla-fit holdings, llc | 14.8 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 375,273,000 | 345,652,000 | 329,020,000 | 335,723,000 | 343,910,000 | 293,150,000 | 298,783,000 | 246,961,000 | 301,707,000 | 275,842,000 | 308,970,000 | 236,144,000 | 460,425,000 | 409,840,000 | 404,463,000 | 383,511,000 | 471,176,000 | 545,909,000 | 527,346,000 | 469,137,000 | 445,606,000 | 439,478,000 | 419,658,000 | 423,553,000 | 547,494,000 | 436,256,000 | 219,752,000 | 330,550,000 | 335,961,000 | 289,431,000 | 572,731,000 | 147,784,000 | 127,146,000 | 113,080,000 | 93,267,000 | 78,521,000 | 60,236,000 | 40,393,000 | 65,954,000 | 55,664,000 | 38,268,000 | 31,430,000 | 28,461,000 | 32,148,000 |
restricted cash | 81,223,000 | 66,304,000 | 56,388,000 | 56,452,000 | 56,581,000 | 56,524,000 | 67,766,000 | 47,800,000 | 46,190,000 | 46,279,000 | 46,381,000 | 62,516,000 | 62,578,000 | 62,659,000 | 62,714,000 | 62,762,000 | 65,492,000 | 58,032,000 | 58,128,000 | 58,234,000 | 58,327,000 | 76,322,000 | 81,944,000 | 86,407,000 | 63,226,000 | 42,539,000 | 30,499,000 | 30,576,000 | 30,645,000 | 30,708,000 | 35,915,000 | |||||||||||||
short-term marketable securities | 98,533,000 | 106,761,000 | 114,363,000 | 106,998,000 | 109,718,000 | 114,163,000 | 108,629,000 | 103,197,000 | 93,362,000 | 74,901,000 | 108,460,000 | 117,765,000 | ||||||||||||||||||||||||||||||||
accounts receivable | 41,076,000 | 70,431,000 | 70,425,000 | 72,847,000 | 38,643,000 | 77,145,000 | 48,958,000 | 41,334,000 | 23,837,000 | 41,890,000 | 36,362,000 | 47,385,000 | 20,750,000 | 46,242,000 | 34,475,000 | 23,274,000 | 12,886,000 | 27,257,000 | 11,137,000 | 15,480,000 | 7,024,000 | 16,447,000 | 11,899,000 | 15,251,000 | 21,082,000 | 42,268,000 | 29,398,000 | 26,566,000 | 18,919,000 | 38,960,000 | 26,145,000 | 14,932,000 | 18,620,000 | 37,272,000 | 16,358,000 | 15,721,000 | 14,988,000 | 26,873,000 | 14,435,000 | 11,575,000 | 10,446,000 | 19,079,000 | 9,890,000 | 11,374,000 |
inventory | 4,809,000 | 7,581,000 | 6,982,000 | 4,347,000 | 1,974,000 | 6,146,000 | 4,858,000 | 5,200,000 | 4,959,000 | 4,677,000 | 7,536,000 | 6,854,000 | 4,996,000 | 5,266,000 | 4,224,000 | 3,040,000 | 1,745,000 | 1,155,000 | 4,099,000 | 1,197,000 | 468,000 | 473,000 | 1,806,000 | 2,778,000 | 2,820,000 | 877,000 | 2,612,000 | 2,513,000 | 3,445,000 | 5,122,000 | 6,142,000 | 3,193,000 | 4,056,000 | 2,692,000 | 550,000 | 1,447,000 | 1,331,000 | 1,802,000 | 759,000 | 893,000 | 1,476,000 | 4,557,000 | 2,775,000 | 767,000 |
restricted assets - national advertising fund | 15,376,000 | 9,071,000 | 16,670,000 | 363,000 | 12,268,000 | 17,945,000 | ||||||||||||||||||||||||||||||||||||||
prepaid expenses | 26,275,000 | 24,605,000 | 23,176,000 | 19,202,000 | 16,547,000 | 21,499,000 | 14,432,000 | 15,910,000 | 18,945,000 | 13,842,000 | 18,073,000 | 11,528,000 | 17,364,000 | 11,078,000 | 13,922,000 | 14,046,000 | 18,476,000 | 12,869,000 | 12,827,000 | 12,019,000 | 12,804,000 | 11,881,000 | 15,274,000 | 12,160,000 | 7,263,000 | 8,025,000 | 8,649,000 | 10,068,000 | 7,254,000 | 4,947,000 | 3,813,000 | 3,796,000 | 4,051,000 | 3,929,000 | 3,591,000 | 5,152,000 | ||||||||
other receivables | 42,590,000 | 34,094,000 | 15,650,000 | 24,954,000 | 18,816,000 | 16,776,000 | 7,882,000 | 15,390,000 | 12,513,000 | 11,072,000 | 8,678,000 | 8,902,000 | 6,570,000 | 14,975,000 | 14,015,000 | 21,310,000 | 19,622,000 | 13,519,000 | 9,453,000 | 11,836,000 | 13,053,000 | 16,754,000 | 20,513,000 | 21,301,000 | 9,969,000 | 9,226,000 | 9,232,000 | 12,866,000 | 9,805,000 | 12,548,000 | 10,993,000 | 23,343,000 | 14,550,000 | 9,562,000 | 10,768,000 | 10,550,000 | 9,715,000 | 7,935,000 | ||||||
income tax receivable | 1,917,000 | 2,958,000 | 734,000 | 2,616,000 | 1,324,000 | 3,314,000 | 5,471,000 | 3,673,000 | 5,461,000 | 947,000 | 6,824,000 | 6,947,000 | 4,693,000 | |||||||||||||||||||||||||||||||
total current assets | 687,072,000 | 658,386,000 | 625,650,000 | 637,382,000 | 603,593,000 | 588,019,000 | 556,444,000 | 493,850,000 | 520,782,000 | 471,817,000 | 540,119,000 | 505,339,000 | 588,759,000 | 555,531,000 | 540,471,000 | 523,382,000 | 615,635,000 | 662,414,000 | 629,112,000 | 581,255,000 | 556,194,000 | 566,816,000 | 561,130,000 | 581,481,000 | 664,470,000 | 540,138,000 | 306,270,000 | 424,123,000 | 417,436,000 | 388,540,000 | 665,475,000 | 200,685,000 | 181,512,000 | 177,001,000 | 135,564,000 | 117,353,000 | 99,591,000 | 91,225,000 | 103,120,000 | 88,387,000 | 68,813,000 | 72,945,000 | 59,801,000 | 54,027,000 |
long-term marketable securities | 96,963,000 | 88,263,000 | 78,177,000 | 83,327,000 | 76,091,000 | 65,668,000 | 55,535,000 | 49,718,000 | 45,165,000 | 50,886,000 | 10,252,000 | 2,499,000 | ||||||||||||||||||||||||||||||||
investments, net of allowance for expected credit losses | 68,927,000 | |||||||||||||||||||||||||||||||||||||||||||
property and equipment | 452,201,000 | 466,747,000 | 448,324,000 | 430,387,000 | 419,313,000 | 423,991,000 | 421,633,000 | 400,239,000 | 382,019,000 | 390,405,000 | 366,780,000 | 346,646,000 | 344,344,000 | 348,820,000 | 332,840,000 | 334,661,000 | 332,935,000 | 173,687,000 | 162,378,000 | 160,071,000 | 161,731,000 | 160,677,000 | 159,053,000 | 149,624,000 | 145,114,000 | 145,481,000 | 131,454,000 | 118,517,000 | 114,676,000 | 114,367,000 | 97,240,000 | 87,570,000 | 84,545,000 | 83,327,000 | 72,426,000 | 67,564,000 | 61,104,000 | 61,238,000 | 56,577,000 | 54,931,000 | 54,302,000 | 56,139,000 | 54,335,000 | 51,901,000 |
right-of-use assets | 398,676,000 | 409,320,000 | 403,314,000 | 417,573,000 | 416,237,000 | 395,174,000 | 400,246,000 | 393,564,000 | 385,796,000 | 381,010,000 | 381,819,000 | 355,405,000 | 341,703,000 | 346,937,000 | 348,246,000 | 357,615,000 | 353,536,000 | 190,330,000 | 177,733,000 | 171,485,000 | 161,574,000 | 164,252,000 | 163,119,000 | 155,523,000 | 150,284,000 | 155,633,000 | 127,746,000 | 115,390,000 | 115,745,000 | |||||||||||||||
intangible assets | 278,389,000 | 286,409,000 | 295,587,000 | 304,961,000 | 314,139,000 | 323,318,000 | 334,236,000 | 346,993,000 | 359,750,000 | 372,507,000 | 385,462,000 | 398,416,000 | 404,490,000 | 417,067,000 | 427,675,000 | 441,278,000 | 475,419,000 | 200,937,000 | 204,598,000 | 208,757,000 | 212,916,000 | 217,075,000 | 221,286,000 | 225,498,000 | 229,709,000 | 233,921,000 | 227,575,000 | 231,425,000 | 228,663,000 | 234,330,000 | 237,896,000 | 237,092,000 | 241,105,000 | 235,657,000 | 239,741,000 | 244,437,000 | 249,148,000 | 253,862,000 | 258,799,000 | 263,739,000 | 268,679,000 | 273,619,000 | 278,986,000 | 284,390,000 |
goodwill | 712,340,000 | 712,450,000 | 710,571,000 | 721,118,000 | 720,834,000 | 720,633,000 | 719,127,000 | 719,063,000 | 719,074,000 | 717,502,000 | 717,502,000 | 717,502,000 | 702,690,000 | 702,690,000 | 700,207,000 | 714,153,000 | 696,299,000 | 228,569,000 | 227,821,000 | 227,821,000 | 227,821,000 | 227,821,000 | 227,821,000 | 227,821,000 | 227,821,000 | 227,821,000 | 206,752,000 | 206,752,000 | 199,513,000 | 199,513,000 | 199,513,000 | 191,038,000 | 191,038,000 | 176,981,000 | 176,981,000 | 176,981,000 | 176,981,000 | 176,981,000 | 176,981,000 | 176,981,000 | 176,981,000 | 176,981,000 | 176,981,000 | 176,981,000 |
deferred income taxes | 394,765,000 | 406,724,000 | 415,673,000 | 443,082,000 | 459,035,000 | 470,197,000 | 481,456,000 | 490,912,000 | 499,839,000 | 504,188,000 | 492,965,000 | 482,834,000 | 494,695,000 | 454,565,000 | 471,495,000 | 487,694,000 | 493,834,000 | 539,264,000 | 510,255,000 | 513,354,000 | 517,867,000 | 511,200,000 | 467,229,000 | 458,196,000 | 456,322,000 | 412,293,000 | 418,745,000 | 425,647,000 | 431,947,000 | 414,841,000 | 416,707,000 | 406,699,000 | 409,216,000 | 407,782,000 | 731,131,000 | 737,953,000 | 561,342,000 | 410,407,000 | 255,729,000 | 194,240,000 | 115,523,000 | 117,358,000 | 120,792,000 | |
other assets | 15,308,000 | 5,396,000 | 10,482,000 | 10,426,000 | 7,423,000 | 7,058,000 | 4,426,000 | 4,102,000 | 3,993,000 | 3,871,000 | 3,911,000 | 3,926,000 | 3,799,000 | 3,857,000 | 3,933,000 | 4,117,000 | 3,661,000 | 2,022,000 | 1,851,000 | 1,856,000 | 1,881,000 | 1,896,000 | 1,914,000 | 1,894,000 | 1,916,000 | 1,903,000 | 1,690,000 | 1,613,000 | 1,612,000 | 1,825,000 | 4,608,000 | 1,637,000 | 8,437,000 | 11,717,000 | 10,177,000 | 10,353,000 | 8,186,000 | 7,729,000 | 1,132,000 | 1,133,000 | 1,368,000 | 2,135,000 | 10,248,000 | 12,391,000 |
total assets | 3,104,641,000 | 3,103,395,000 | 3,058,209,000 | 3,119,152,000 | 3,091,922,000 | 3,069,708,000 | 3,048,181,000 | 2,974,040,000 | 2,992,778,000 | 2,969,693,000 | 2,944,847,000 | 2,848,235,000 | 2,905,565,000 | 2,854,589,000 | 2,846,256,000 | 2,884,086,000 | 2,992,402,000 | 2,015,983,000 | 1,949,697,000 | 1,899,599,000 | 1,864,984,000 | 1,849,737,000 | 1,801,552,000 | 1,800,037,000 | 1,875,636,000 | 1,717,190,000 | 1,420,232,000 | 1,523,467,000 | 1,509,592,000 | 1,353,416,000 | 1,621,439,000 | 1,124,721,000 | 1,115,853,000 | 1,092,465,000 | 1,366,020,000 | 1,354,641,000 | 1,156,352,000 | 1,001,442,000 | 852,338,000 | 779,411,000 | 685,666,000 | 699,177,000 | 701,143,000 | 579,690,000 |
liabilities and stockholders’ deficit | ||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||
current maturities of long-term debt | 25,750,000 | 23,875,000 | 22,500,000 | 22,500,000 | 22,500,000 | 22,500,000 | 22,500,000 | 20,500,000 | 20,750,000 | 20,750,000 | 20,750,000 | 20,750,000 | 20,750,000 | 20,750,000 | 20,750,000 | 20,750,000 | 20,750,000 | 17,500,000 | 17,500,000 | 17,500,000 | 17,500,000 | 17,500,000 | 17,500,000 | 17,500,000 | 17,500,000 | 17,500,000 | 12,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 7,185,000 | 7,185,000 | 7,185,000 | 7,185,000 | 7,185,000 | 7,185,000 | 7,185,000 | 5,100,000 | 5,100,000 | 5,100,000 | 5,100,000 | 5,100,000 | 5,100,000 |
accounts payable | 33,094,000 | 39,683,000 | 48,013,000 | 49,128,000 | 25,757,000 | 32,887,000 | 31,844,000 | 29,728,000 | 20,560,000 | 23,788,000 | 28,364,000 | 29,461,000 | 16,961,000 | 20,578,000 | 22,218,000 | 22,312,000 | 24,147,000 | 27,892,000 | 21,703,000 | 18,124,000 | 14,561,000 | 19,388,000 | 19,783,000 | 11,461,000 | 37,640,000 | 21,267,000 | 23,037,000 | 16,277,000 | 23,060,000 | 30,428,000 | 23,400,000 | 16,268,000 | 15,664,000 | 28,648,000 | 12,826,000 | 18,532,000 | 13,278,000 | 28,507,000 | 14,415,000 | 11,992,000 | 10,090,000 | 23,950,000 | 14,695,000 | 11,754,000 |
accrued expenses | 68,789,000 | 75,371,000 | 61,159,000 | 57,768,000 | 61,538,000 | 67,895,000 | 66,530,000 | 56,898,000 | 43,709,000 | 66,299,000 | 56,430,000 | 44,752,000 | 47,014,000 | 66,993,000 | 54,302,000 | 55,993,000 | 63,784,000 | 51,714,000 | 33,042,000 | 25,367,000 | 25,145,000 | 22,042,000 | 25,669,000 | 19,767,000 | 21,063,000 | 31,623,000 | 25,737,000 | 22,558,000 | 23,679,000 | 32,384,000 | 26,764,000 | 14,715,000 | 14,787,000 | 18,590,000 | 13,357,000 | 12,215,000 | 10,263,000 | 19,190,000 | 10,207,000 | 9,100,000 | 9,853,000 | 13,667,000 | 8,358,000 | 9,804,000 |
equipment deposits | 7,414,000 | 10,165,000 | 11,177,000 | 7,860,000 | 2,489,000 | 1,851,000 | 10,345,000 | 5,138,000 | 7,594,000 | 4,506,000 | 13,933,000 | 12,098,000 | 12,851,000 | 8,443,000 | 32,020,000 | 22,861,000 | 12,966,000 | 6,036,000 | 20,889,000 | 7,483,000 | 174,000 | 795,000 | 1,522,000 | 3,832,000 | 5,394,000 | 3,008,000 | 8,566,000 | 7,376,000 | 12,502,000 | 7,908,000 | 11,449,000 | 9,001,000 | 14,283,000 | 6,498,000 | 8,121,000 | 7,560,000 | 10,739,000 | 2,170,000 | 3,978,000 | 4,519,000 | 5,253,000 | 5,587,000 | 7,498,000 | 2,805,000 |
deferred revenue, current | 86,373,000 | 58,593,000 | 65,219,000 | 77,309,000 | 80,755,000 | 62,111,000 | 67,517,000 | 76,052,000 | 77,263,000 | 59,591,000 | 64,352,000 | 72,210,000 | 73,249,000 | 53,759,000 | 56,159,000 | 63,446,000 | 64,178,000 | 28,351,000 | 31,120,000 | 34,773,000 | 35,909,000 | 26,691,000 | 23,921,000 | 32,147,000 | 53,593,000 | 27,596,000 | 24,638,000 | 27,076,000 | 25,920,000 | 23,488,000 | 21,959,000 | 23,186,000 | 20,842,000 | 19,083,000 | 17,124,000 | 20,271,000 | 18,226,000 | 17,780,000 | 17,084,000 | 20,619,000 | 15,477,000 | 14,717,000 | 12,362,000 | 17,797,000 |
payable pursuant to tax benefit arrangements, current | 55,508,000 | 55,518,000 | 49,672,000 | 55,044,000 | 55,556,000 | 55,556,000 | 48,553,000 | 49,181,000 | 41,294,000 | 41,294,000 | 38,193,000 | 41,392,000 | 31,940,000 | 31,940,000 | 31,482,000 | 35,894,000 | 20,302,000 | 20,302,000 | 12,456,000 | 9,190,000 | 8,027,000 | 30,912,000 | 26,468,000 | 26,468,000 | 25,506,000 | 25,506,000 | 24,765,000 | 24,765,000 | 25,578,000 | 31,062,000 | ||||||||||||||
other current liabilities | 54,810,000 | 49,285,000 | 40,091,000 | 40,581,000 | 38,858,000 | 39,695,000 | 39,001,000 | 34,629,000 | 35,331,000 | 35,101,000 | 50,019,000 | 53,751,000 | 47,458,000 | 42,067,000 | 41,208,000 | 42,300,000 | 44,876,000 | 24,815,000 | 23,475,000 | 22,642,000 | 21,900,000 | 25,479,000 | 20,497,000 | 18,959,000 | 18,506,000 | 18,016,000 | 15,780,000 | 14,519,000 | 12,519,000 | 430,000 | 456,000 | 436,000 | 493,000 | 474,000 | 438,000 | 565,000 | 536,000 | 369,000 | 222,000 | 313,000 | 253,000 | 212,000 | 682,000 | 148,000 |
total current liabilities | 331,738,000 | 312,490,000 | 300,444,000 | 310,190,000 | 287,453,000 | 282,495,000 | 286,290,000 | 272,126,000 | 246,501,000 | 251,329,000 | 272,846,000 | 274,414,000 | 250,223,000 | 244,530,000 | 258,139,000 | 263,556,000 | 326,003,000 | 176,610,000 | 160,185,000 | 135,079,000 | 115,189,000 | 111,895,000 | 120,365,000 | 134,578,000 | 180,164,000 | 145,478,000 | 135,921,000 | 125,424,000 | 134,475,000 | 131,403,000 | 125,024,000 | 96,442,000 | 104,394,000 | 112,030,000 | 86,546,000 | 90,815,000 | 71,510,000 | 83,273,000 | 66,343,000 | 62,998,000 | 51,896,000 | 66,252,000 | 61,008,000 | 49,247,000 |
long-term debt | 2,453,337,000 | 2,458,379,000 | 2,135,129,000 | 2,139,418,000 | 2,143,718,000 | 2,148,029,000 | 2,152,276,000 | 2,156,551,000 | 1,959,032,000 | 1,962,874,000 | 1,966,682,000 | 1,970,487,000 | 1,974,303,000 | 1,978,131,000 | 1,982,158,000 | 1,985,730,000 | 1,989,533,000 | 1,665,273,000 | 1,668,054,000 | 1,670,831,000 | 1,673,622,000 | 1,676,426,000 | 1,679,191,000 | 1,681,953,000 | 1,684,727,000 | 1,687,505,000 | 1,155,049,000 | 1,156,792,000 | 1,158,483,000 | 1,160,127,000 | 1,161,712,000 | 693,957,000 | 695,264,000 | 696,576,000 | 697,876,000 | 699,175,000 | 700,672,000 | 702,003,000 | 477,067,000 | 477,969,000 | 478,875,000 | 479,779,000 | 498,450,000 | 499,725,000 |
lease liabilities, net of current portion | 406,984,000 | 419,120,000 | 417,624,000 | 432,950,000 | 433,151,000 | 405,324,000 | 408,588,000 | 401,405,000 | 390,399,000 | 381,589,000 | 379,810,000 | 346,900,000 | 336,024,000 | 341,843,000 | 341,961,000 | 351,462,000 | 346,695,000 | 197,682,000 | 183,942,000 | 175,934,000 | 166,350,000 | 167,910,000 | 165,372,000 | 154,501,000 | 148,006,000 | 152,920,000 | 127,646,000 | 113,748,000 | 114,470,000 | |||||||||||||||
deferred revenue, net of current portion | 29,133,000 | 29,657,000 | 30,167,000 | 30,752,000 | 31,163,000 | 31,990,000 | 33,578,000 | 34,114,000 | 33,820,000 | 32,047,000 | 32,670,000 | 32,790,000 | 33,071,000 | 33,152,000 | 32,793,000 | 33,032,000 | 32,607,000 | 33,428,000 | 31,641,000 | 31,900,000 | 32,203,000 | 32,587,000 | 33,002,000 | 33,585,000 | 34,193,000 | 34,458,000 | 31,532,000 | 29,648,000 | 27,652,000 | 26,374,000 | 25,916,000 | 23,255,000 | 22,942,000 | 8,440,000 | 8,180,000 | 7,746,000 | 8,445,000 | 8,351,000 | 8,472,000 | 8,456,000 | 10,277,000 | 12,016,000 | 12,033,000 | 9,308,000 |
deferred tax liabilities | 1,076,000 | 1,177,000 | 620,000 | 1,250,000 | 1,323,000 | 1,386,000 | 1,566,000 | 1,599,000 | 1,666,000 | 1,644,000 | 1,397,000 | 1,399,000 | 1,459,000 | 1,471,000 | 965,000 | 886,000 | 910,000 | 724,000 | 767,000 | 821,000 | 881,000 | 1,194,000 | 1,562,000 | 1,139,000 | 1,116,000 | 2,067,000 | 1,874,000 | 1,798,000 | 2,303,000 | 1,730,000 | 1,389,000 | 1,379,000 | 1,629,000 | 751,000 | 1,142,000 | 1,052,000 | 1,238,000 | 1,275,000 | 1,167,000 | |||||
payable pursuant to tax benefit arrangements, net of current portion | 360,273,000 | 360,273,000 | 363,429,000 | 358,569,000 | 411,276,000 | 411,360,000 | 428,858,000 | 424,107,000 | 456,700,000 | 454,368,000 | 451,569,000 | 433,608,000 | 464,840,000 | 462,525,000 | 474,032,000 | 474,130,000 | 504,016,000 | 507,805,000 | 485,906,000 | 486,953,000 | 496,143,000 | 488,200,000 | 447,979,000 | 438,105,000 | 442,243,000 | 400,748,000 | 407,884,000 | 408,099,000 | 424,725,000 | 404,468,000 | 405,577,000 | 400,298,000 | ||||||||||||
other liabilities | 4,892,000 | 5,677,000 | 5,153,000 | 4,304,000 | 3,702,000 | 4,497,000 | 4,139,000 | 3,968,000 | 3,891,000 | 4,833,000 | 4,803,000 | 4,598,000 | 4,224,000 | 4,498,000 | 4,314,000 | 4,298,000 | 3,576,000 | 3,030,000 | 2,650,000 | 2,505,000 | 2,334,000 | 2,511,000 | 2,368,000 | 2,453,000 | 2,333,000 | 2,719,000 | 2,250,000 | 2,254,000 | 2,031,000 | 1,447,000 | 1,331,000 | 1,350,000 | 4,379,000 | 4,302,000 | 4,111,000 | 4,786,000 | 5,271,000 | 5,225,000 | 489,000 | 484,000 | 484,000 | 484,000 | 483,000 | 482,000 |
total noncurrent liabilities | 3,255,695,000 | 3,274,283,000 | 2,952,122,000 | 2,967,243,000 | 3,024,333,000 | 3,002,586,000 | 3,029,005,000 | 3,021,744,000 | 2,845,508,000 | 2,837,355,000 | 2,836,931,000 | 2,789,782,000 | 2,813,921,000 | 2,821,620,000 | 2,836,223,000 | 2,849,538,000 | 2,877,337,000 | 2,482,218,000 | 2,447,917,000 | 2,443,890,000 | 2,446,473,000 | 2,443,515,000 | 2,404,106,000 | 2,387,159,000 | 2,387,641,000 | 2,279,466,000 | 1,726,428,000 | 1,712,415,000 | 1,729,159,000 | 1,604,802,000 | 1,606,563,000 | 1,119,527,000 | 1,133,893,000 | 1,117,372,000 | 1,419,113,000 | 1,420,581,000 | 1,272,866,000 | 1,132,924,000 | 757,337,000 | 697,822,000 | 626,509,000 | 634,005,000 | 654,337,000 | 514,523,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||
class a common stock, 0.0001 par value... | 8,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | |||||||||||||||||||||||||||||||||||||
class b common stock, 0.0001 par value... | ||||||||||||||||||||||||||||||||||||||||||||
additional paid in capital | 625,604,000 | 623,333,000 | 618,939,000 | 615,040,000 | 612,196,000 | 609,115,000 | 602,948,000 | 594,049,000 | 581,332,000 | 575,631,000 | 570,397,000 | 564,170,000 | 555,267,000 | 505,144,000 | 534,365,000 | 529,026,000 | 479,535,000 | 63,428,000 | 53,970,000 | 50,917,000 | 48,275,000 | 45,673,000 | 40,671,000 | 38,900,000 | 36,460,000 | 29,820,000 | 27,240,000 | 24,495,000 | 22,576,000 | 19,732,000 | 17,237,000 | 14,744,000 | 13,011,000 | 12,118,000 | 11,693,000 | 10,629,000 | 23,087,000 | 34,467,000 | 14,825,000 | 7,981,000 | 577,000 | 352,000 | 122,000 | |
accumulated other comprehensive income | -605,000 | 1,311,000 | 1,121,000 | 1,010,000 | -1,352,000 | -2,348,000 | 220,000 | -1,096,000 | -435,000 | 172,000 | -448,000 | -626,000 | -110,000 | 97,000 | 12,000 | 12,000 | 56,000 | 38,000 | 27,000 | -38,000 | -57,000 | -306,000 | 303,000 | 189,000 | 251,000 | 148,000 | 256,000 | -1,710,000 | -1,888,000 | -1,529,000 | ||||||||||||||
accumulated deficit | -1,107,227,000 | -1,107,429,000 | -814,832,000 | -774,753,000 | -830,743,000 | -822,156,000 | -869,309,000 | -910,626,000 | -677,321,000 | -691,461,000 | -726,800,000 | -765,815,000 | -706,017,000 | -703,717,000 | -737,399,000 | -714,297,000 | -692,340,000 | -708,804,000 | -714,544,000 | -731,987,000 | -745,997,000 | -751,578,000 | -760,268,000 | -757,139,000 | -727,946,000 | -736,587,000 | -466,032,000 | -333,870,000 | -368,714,000 | -394,410,000 | -118,964,000 | -94,348,000 | -120,245,000 | -130,966,000 | -127,513,000 | -142,864,000 | -155,288,000 | -164,062,000 | -7,673,000 | -11,805,000 | -14,032,000 | -17,376,000 | ||
total stockholders’ deficit attributable to planet fitness, inc. | -482,220,000 | -482,777,000 | -194,763,000 | -158,694,000 | -219,890,000 | -215,380,000 | -266,132,000 | -317,664,000 | -96,415,000 | -115,649,000 | -199,012,000 | -645,355,000 | -705,869,000 | -706,455,000 | ||||||||||||||||||||||||||||||
non-controlling interests | -572,000 | -601,000 | 406,000 | 413,000 | 26,000 | 7,000 | -982,000 | -2,166,000 | -2,816,000 | -3,342,000 | -7,852,000 | -13,992,000 | -7,471,000 | -12,549,000 | -44,455,000 | -43,636,000 | 1,761,000 | 2,510,000 | 2,148,000 | 1,635,000 | 997,000 | 196,000 | -3,293,000 | -3,413,000 | -386,000 | -1,299,000 | -3,523,000 | -5,257,000 | -8,062,000 | -8,215,000 | -8,687,000 | -11,269,000 | -14,840,000 | -17,451,000 | -22,816,000 | -23,198,000 | -54,559,000 | -83,996,000 | 19,194,000 | 19,340,000 | 20,866,000 | 14,300,000 | 4,930,000 | |
total stockholders’ deficit | -482,792,000 | -483,378,000 | -194,357,000 | -158,281,000 | -219,864,000 | -215,373,000 | -267,114,000 | -319,830,000 | -99,231,000 | -118,991,000 | -164,930,000 | -215,961,000 | -158,579,000 | -211,561,000 | -248,106,000 | -229,008,000 | -210,938,000 | -642,845,000 | -658,405,000 | -679,370,000 | -696,678,000 | -705,673,000 | -722,919,000 | -721,700,000 | -692,169,000 | -707,754,000 | -442,117,000 | |||||||||||||||||
total liabilities and stockholders’ deficit | 3,104,641,000 | 3,103,395,000 | 3,119,152,000 | 3,091,922,000 | 3,069,708,000 | 3,048,181,000 | 2,974,040,000 | 2,992,778,000 | 2,969,693,000 | 2,944,847,000 | 2,848,235,000 | 2,905,565,000 | 2,854,589,000 | 2,846,256,000 | 2,884,086,000 | 2,992,402,000 | 2,015,983,000 | 1,949,697,000 | 1,899,599,000 | 1,864,984,000 | 1,849,737,000 | 1,801,552,000 | 1,800,037,000 | 1,875,636,000 | 1,717,190,000 | 1,420,232,000 | ||||||||||||||||||
investments, net of allowance for expected credit losses of 24,424 and 18,834 as of december 31, 2025 and 2024, respectively | 69,700,000 | |||||||||||||||||||||||||||||||||||||||||||
class a common stock, .0001 par value... | 8,000 | 9,000 | 9,000 | |||||||||||||||||||||||||||||||||||||||||
class b common stock, .0001 par value... | ||||||||||||||||||||||||||||||||||||||||||||
income tax receivable and prepayments | 9,646,000 | 7,788,000 | 4,773,000 | 5,790,000 | ||||||||||||||||||||||||||||||||||||||||
investments, net of allowance for expected credit losses of 23,923 and 18,834 as of september 30, 2025 and december 31, 2024, respectively | 70,431,000 | |||||||||||||||||||||||||||||||||||||||||||
restricted liabilities - national advertising fund | 2,613,000 | 2,455,000 | ||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 3,058,209,000 | |||||||||||||||||||||||||||||||||||||||||||
investments, net of allowance for expected credit losses of 23,437 and 18,834 as of june 30, 2025 and december 31, 2024, respectively | 70,896,000 | |||||||||||||||||||||||||||||||||||||||||||
investments, net of allowance for expected credit losses of 19,126 and 18,834 as of march 31, 2025 and december 31, 2024, respectively | 75,257,000 | |||||||||||||||||||||||||||||||||||||||||||
investments, net of allowance for expected credit losses of 18,834 and 17,689 as of december 31, 2024 and 2023, respectively | 75,650,000 | |||||||||||||||||||||||||||||||||||||||||||
investments, net of allowance for expected credit losses of 18,538 and 17,689 as of september 30, 2024 and december 31, 2023, respectively | 75,078,000 | |||||||||||||||||||||||||||||||||||||||||||
investments, net of allowance for expected credit losses of 18,246 and 17,689 as of june 30, 2024 and december 31, 2023, respectively | 75,599,000 | |||||||||||||||||||||||||||||||||||||||||||
investments, net of allowance for expected credit losses of 18,164 and 17,689 as of march 31, 2024 and december 31, 2023, respectively | 76,360,000 | |||||||||||||||||||||||||||||||||||||||||||
investments, net of allowance for expected credit losses of 17,689 and 14,957 as of december 31, 2023 and 2022, respectively | 77,507,000 | |||||||||||||||||||||||||||||||||||||||||||
income tax receivables | 5,659,000 | 4,327,000 | 2,689,000 | 4,885,000 | 2,635,000 | 3,669,000 | 4,960,000 | 4,990,000 | 5,191,000 | 10,036,000 | ||||||||||||||||||||||||||||||||||
investments, net of allowances for expected credit losses of 14,951 and 14,957 as of september 30, 2023 and december 31, 2022, respectively | 46,037,000 | |||||||||||||||||||||||||||||||||||||||||||
restricted liabilities – national advertising fund | 805,000 | 3,446,000 | 657,000 | 112,000 | 30,000 | 3,418,000 | 73,000 | 78,000 | 3,008,000 | |||||||||||||||||||||||||||||||||||
class a common stock | 9,000 | 9,000 | 9,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 7,000 | 6,000 | 5,000 | 4,000 | 4,000 | 4,000 | 4,000 | |||||||||||
class b common stock | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 3,000 | 4,000 | 5,000 | 6,000 | 6,000 | 6,000 | 6,000 | ||||||||||||||
accumulated other comprehensive loss | -684,000 | -333,000 | -367,000 | -385,000 | -370,000 | -648,000 | -1,013,000 | -1,332,000 | -1,274,000 | -1,174,000 | -1,123,000 | -1,067,000 | -2,387,000 | |||||||||||||||||||||||||||||||
total stockholders’ deficit attributable to planet fitness inc. | -157,078,000 | -201,969,000 | -151,108,000 | -203,651,000 | -185,372,000 | -212,699,000 | -660,553,000 | -681,005,000 | -697,675,000 | -719,626,000 | -718,287,000 | -691,783,000 | -438,594,000 | |||||||||||||||||||||||||||||||
restricted assets – national advertising fund | 9,918,000 | 13,387,000 | 1,773,000 | 12,804,000 | 22,569,000 | 657,000 | 5,208,000 | 3,418,000 | 73,000 | 78,000 | 3,014,000 | 859,000 | 2,502,000 | 2,455,000 | 1,656,000 | 5,300,000 | ||||||||||||||||||||||||||||
investments, net of allowances for expected credit losses of 15,052 and 14,957 as of june 30, 2023 and december 31, 2022, respectively | 35,668,000 | |||||||||||||||||||||||||||||||||||||||||||
investments, net of allowances for expected credit losses of 15,212 and 14,957 as of march 31, 2023 and december 31, 2022, respectively | 25,085,000 | |||||||||||||||||||||||||||||||||||||||||||
investments, net of allowance for expected credit losses of 14,957 and 17,462 as of december 31, 2022 and 2021, respectively | 25,122,000 | |||||||||||||||||||||||||||||||||||||||||||
borrowings under variable funding notes | 75,000,000 | 75,000,000 | 75,000,000 | 75,000,000 | 75,000,000 | 75,000,000 | 75,000,000 | 75,000,000 | ||||||||||||||||||||||||||||||||||||
investments, net of allowance for expected credit losses of 15,890 and 17,462 as of september 30, 2022 and december 31, 2021, respectively | 21,389,000 | |||||||||||||||||||||||||||||||||||||||||||
investments, net of allowance for expected credit losses of 15,617 and 17,462 as of june 30, 2022 and december 31, 2021, respectively | 21,186,000 | |||||||||||||||||||||||||||||||||||||||||||
investments, net of allowance for expected credit losses of 15,352 and 17,462 as of march 31, 2022 and december 31, 2021, respectively | 21,083,000 | |||||||||||||||||||||||||||||||||||||||||||
investments, net of allowance for expected credit losses of 17,462 and 0 as of december 31, 2021 and 2020, respectively | 18,760,000 | |||||||||||||||||||||||||||||||||||||||||||
borrowings under 2018 variable funding notes | 75,000,000 | |||||||||||||||||||||||||||||||||||||||||||
deferred expenses – national advertising fund | 1,162,000 | 8,362,000 | 13,721,000 | 7,942,000 | 10,363,000 | 6,530,000 | 1,648,000 | 4,596,000 | ||||||||||||||||||||||||||||||||||||
investments | 35,949,000 | 35,000,000 | 25,000,000 | |||||||||||||||||||||||||||||||||||||||||
other current assets | 12,089,000 | 2,253,000 | 5,471,000 | 5,776,000 | 4,877,000 | 6,318,000 | 5,916,000 | 5,355,000 | 8,623,000 | 7,330,000 | 7,905,000 | 19,420,000 | 17,626,000 | 12,318,000 | 5,825,000 | 8,949,000 | 7,398,000 | |||||||||||||||||||||||||||
deferred rent, net of current portion | 10,083,000 | 10,297,000 | 7,700,000 | 6,907,000 | 6,127,000 | 5,289,000 | 5,166,000 | 5,213,000 | 5,108,000 | 4,878,000 | 4,799,000 | 4,665,000 | 4,554,000 | 4,373,000 | 4,291,000 | |||||||||||||||||||||||||||||
liabilities and stockholders' deficit | ||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||||
total stockholders' deficit attributable to planet fitness inc. | -309,115,000 | -345,980,000 | -101,461,000 | -79,979,000 | -107,594,000 | -116,823,000 | -133,557,000 | -133,465,000 | -749,000 | -13,605,000 | ||||||||||||||||||||||||||||||||||
total stockholders' deficit | -314,372,000 | -354,042,000 | -382,789,000 | -110,148,000 | -91,248,000 | -122,434,000 | -136,937,000 | -139,639,000 | -156,755,000 | -188,024,000 | -214,755,000 | |||||||||||||||||||||||||||||||||
total liabilities and stockholders' deficit | 1,523,467,000 | 1,509,592,000 | 1,353,416,000 | 1,621,439,000 | 1,124,721,000 | 1,115,853,000 | 1,092,465,000 | 1,366,020,000 | 1,354,641,000 | 1,156,352,000 | 1,001,442,000 | |||||||||||||||||||||||||||||||||
due from related parties | 3,060,000 | 3,020,000 | 2,984,000 | 2,925,000 | 2,914,000 | 2,864,000 | 97,000 | 973,000 | 1,005,000 | 4,940,000 | 4,708,000 | 644,000 | ||||||||||||||||||||||||||||||||
restricted assets – naf | 499,000 | 3,074,000 | 1,962,000 | 5,018,000 | 1,696,000 | |||||||||||||||||||||||||||||||||||||||
restricted liabilities - naf | 490,000 | |||||||||||||||||||||||||||||||||||||||||||
stockholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive gain | 94,000 | |||||||||||||||||||||||||||||||||||||||||||
total stockholders' deficit attributable to planet fitness, inc. | -374,574,000 | -119,486,000 | -130,759,000 | |||||||||||||||||||||||||||||||||||||||||
payable to related parties pursuant to tax benefit arrangements, current | 25,578,000 | 31,062,000 | 24,487,000 | 24,487,000 | 11,283,000 | 8,072,000 | 8,916,000 | 7,389,000 | 5,870,000 | 3,019,000 | 3,022,000 | |||||||||||||||||||||||||||||||||
payable to related parties pursuant to tax benefit arrangements, net of current portion | 391,876,000 | 403,022,000 | 702,906,000 | 702,566,000 | 552,213,000 | 410,999,000 | 265,156,000 | 204,947,000 | 132,208,000 | 137,172,000 | 138,989,000 | |||||||||||||||||||||||||||||||||
liabilities and stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||||
due to related parties | 3,966,000 | 3,966,000 | ||||||||||||||||||||||||||||||||||||||||||
retained earnings | -4,248,000 | |||||||||||||||||||||||||||||||||||||||||||
total stockholders' equity (deficit) attributable to planet fitness inc. | 9,464,000 | |||||||||||||||||||||||||||||||||||||||||||
total stockholders' equity | 28,658,000 | 18,591,000 | 7,261,000 | |||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders' equity | 852,338,000 | 779,411,000 | 685,666,000 | |||||||||||||||||||||||||||||||||||||||||
notes receivable, current | ||||||||||||||||||||||||||||||||||||||||||||
notes receivable, net of current portion | ||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders' deficit/members' equity | ||||||||||||||||||||||||||||||||||||||||||||
stockholders'/members' equity: | ||||||||||||||||||||||||||||||||||||||||||||
members’ equity | 10,994,000 | |||||||||||||||||||||||||||||||||||||||||||
total stockholders' deficit attributable to planet fitness, inc./members' equity | -15,380,000 | |||||||||||||||||||||||||||||||||||||||||||
total stockholders' deficit/members' equity | -1,080,000 | -14,202,000 | ||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders' deficit/members' equity | 699,177,000 | 701,143,000 | ||||||||||||||||||||||||||||||||||||||||||
current maturities of obligations under capital leases | 70,000 | 143,000 | ||||||||||||||||||||||||||||||||||||||||||
restricted liabilities – naf | 5,018,000 | 1,696,000 | ||||||||||||||||||||||||||||||||||||||||||
taxes payable | 4,203,000 | |||||||||||||||||||||||||||||||||||||||||||
obligations under capital leases, net of current portion | 9,000 | 21,000 | ||||||||||||||||||||||||||||||||||||||||||
deferred tax liabilities – non current | 696,000 | |||||||||||||||||||||||||||||||||||||||||||
stockholders' deficit/members' equity: | ||||||||||||||||||||||||||||||||||||||||||||
total stockholders' deficit attributable to planet fitness inc./members' equity | -19,132,000 | |||||||||||||||||||||||||||||||||||||||||||
liabilities and equity | ||||||||||||||||||||||||||||||||||||||||||||
equity: | ||||||||||||||||||||||||||||||||||||||||||||
total equity attributable to pla-fit holdings, llc | 9,465,000 | |||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests in variable interest entities | 6,455,000 | |||||||||||||||||||||||||||||||||||||||||||
total equity | 15,920,000 | |||||||||||||||||||||||||||||||||||||||||||
total liabilities and equity | 579,690,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||
net income | 51,796,000 | 60,707,000 | 59,183,000 | 58,295,000 | 42,079,000 | 47,563,000 | 42,395,000 | 49,312,000 | 34,973,000 | 36,763,000 | 41,324,000 | 44,179,000 | 24,769,000 | 36,332,000 | 30,677,000 | 25,071,000 | 18,376,000 | 6,284,000 | 18,632,000 | 15,016,000 | 6,190,000 | 9,682,000 | -3,284,000 | -31,985,000 | 10,383,000 | 34,255,000 | 29,692,000 | 39,827,000 | 31,639,000 | 28,778,000 | 20,472,000 | 30,419,000 | 23,493,000 | 829,000 | 18,902,000 | 18,004,000 | 17,866,000 | 21,947,000 | 14,863,000 | 18,092,000 | 16,345,000 | 17,240,000 | 738,000 |
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 40,251,000 | 39,967,000 | 39,108,000 | 38,429,000 | 38,281,000 | 40,116,000 | 41,033,000 | 39,817,000 | 39,380,000 | 39,159,000 | 37,477,000 | 36,767,000 | 36,010,000 | 33,595,000 | 32,572,000 | 32,172,000 | 25,683,000 | 16,042,000 | 16,248,000 | 15,036,000 | 15,474,000 | 14,396,000 | 13,636,000 | 13,008,000 | 12,792,000 | 12,030,000 | 11,832,000 | 10,577,000 | 9,907,000 | 9,313,000 | 8,863,000 | 8,619,000 | 8,465,000 | 7,779,000 | 8,137,000 | 7,894,000 | 7,951,000 | 8,375,000 | 7,745,000 | 7,679,000 | 7,703,000 | 7,998,000 | 7,976,000 |
equity-based compensation expense | 2,981,000 | 2,994,000 | 3,507,000 | 2,631,000 | 3,118,000 | 1,872,000 | 975,000 | ||||||||||||||||||||||||||||||||||||
deferred tax expense | 11,841,000 | 9,468,000 | 26,789,000 | 16,658,000 | 10,961,000 | 15,612,000 | 13,316,000 | 15,394,000 | 11,367,000 | 16,305,000 | 13,309,000 | 13,493,000 | 8,082,000 | 13,592,000 | 16,183,000 | 7,903,000 | 10,940,000 | -11,246,000 | 5,564,000 | 4,473,000 | 2,737,000 | 14,719,000 | -3,793,000 | -7,839,000 | 4,126,000 | 5,959,000 | 6,812,000 | 6,689,000 | 2,165,000 | 4,279,000 | 6,354,000 | 8,391,000 | 4,909,000 | 351,078,000 | 6,755,000 | 9,291,000 | 5,298,000 | 4,544,000 | 4,359,000 | 5,349,000 | 1,354,000 | 6,276,000 | |
amortization of deferred financing costs | 1,536,000 | 1,387,000 | 1,336,000 | 1,325,000 | 1,314,000 | 1,378,000 | 1,350,000 | 1,288,000 | 1,346,000 | 1,378,000 | 1,383,000 | 1,371,000 | 1,360,000 | 1,385,000 | 1,374,000 | 1,386,000 | 1,369,000 | 1,593,000 | 1,598,000 | 1,584,000 | 1,571,000 | 1,610,000 | 1,614,000 | 1,600,000 | 1,587,000 | 1,440,000 | 1,350,000 | 1,308,000 | 1,356,000 | 1,359,000 | 1,068,000 | 489,000 | 484,000 | 496,000 | 497,000 | 477,000 | 465,000 | 430,000 | 373,000 | 370,000 | 371,000 | 526,000 | 384,000 |
accretion of marketable securities discount | -131,000 | -228,000 | -272,000 | -349,000 | -488,000 | -649,000 | -779,000 | -1,008,000 | -871,000 | -1,049,000 | -1,280,000 | ||||||||||||||||||||||||||||||||
losses from equity-method investments, net of tax | 874,000 | 835,000 | 572,000 | 628,000 | 805,000 | 844,000 | 782,000 | 1,216,000 | 1,200,000 | ||||||||||||||||||||||||||||||||||
dividends accrued on held-to-maturity investment | -603,000 | -604,000 | -594,000 | -578,000 | -561,000 | -562,000 | -553,000 | -537,000 | -528,000 | ||||||||||||||||||||||||||||||||||
credit loss on held-to-maturity investment | 502,000 | 501,000 | 486,000 | 4,311,000 | 292,000 | 296,000 | 292,000 | 82,000 | 475,000 | ||||||||||||||||||||||||||||||||||
gain on re-measurement of tax benefit arrangement liability | -475,000 | -1,210,000 | -84,000 | 575,000 | -987,000 | -362,000 | |||||||||||||||||||||||||||||||||||||
gain on insurance proceeds | 0 | -1,000 | 1,000 | -1,461,000 | |||||||||||||||||||||||||||||||||||||||
other | -697,000 | 304,000 | -360,000 | 526,000 | -316,000 | 1,142,000 | -259,000 | 438,000 | -41,000 | -527,000 | 184,000 | 88,000 | -139,000 | 196,000 | 1,000 | 118,000 | -53,000 | -21,000 | 81,000 | -93,000 | 11,000 | -401,000 | -527,000 | -559,000 | 993,000 | ||||||||||||||||||
changes in operating assets and liabilities, net of acquisitions: | |||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 29,404,000 | -258,000 | 2,737,000 | -33,743,000 | 38,490,000 | -29,016,000 | -7,823,000 | -17,704,000 | 18,084,000 | -5,325,000 | 10,867,000 | -26,400,000 | 25,619,000 | -11,700,000 | -11,361,000 | -10,531,000 | 14,415,000 | -16,125,000 | 4,315,000 | -8,422,000 | 9,428,000 | -4,535,000 | 1,229,000 | 5,508,000 | 21,409,000 | -13,674,000 | 314,000 | -7,567,000 | 20,032,000 | -12,845,000 | -11,359,000 | 3,644,000 | 18,637,000 | -21,580,000 | -443,000 | -317,000 | 11,859,000 | -12,652,000 | -2,887,000 | -1,079,000 | 8,864,000 | -9,244,000 | 1,478,000 |
inventory | 2,811,000 | -541,000 | -2,635,000 | -2,373,000 | 4,172,000 | -1,283,000 | 343,000 | -257,000 | -287,000 | 2,869,000 | -690,000 | -1,846,000 | 266,000 | -1,041,000 | -1,186,000 | -1,296,000 | -589,000 | 2,944,000 | -2,901,000 | -730,000 | 6,000 | 1,333,000 | 971,000 | 43,000 | -1,943,000 | 1,735,000 | -99,000 | 931,000 | 1,677,000 | 1,020,000 | -2,949,000 | 863,000 | -1,364,000 | -2,143,000 | 898,000 | -116,000 | 471,000 | -1,043,000 | 134,000 | 583,000 | 3,081,000 | -1,782,000 | -2,008,000 |
other assets and other current assets | 1,603,000 | -17,508,000 | 6,981,000 | -6,268,000 | 868,000 | -13,520,000 | 8,048,000 | 131,000 | -6,444,000 | 2,651,000 | -6,153,000 | 2,421,000 | 2,010,000 | -4,585,000 | 7,116,000 | -2,161,000 | -5,522,000 | -1,359,000 | 3,559,000 | 2,351,000 | 3,708,000 | 8,688,000 | 4,959,000 | -16,073,000 | -250,000 | 1,430,000 | 4,660,000 | -6,640,000 | -2,648,000 | 806,000 | 8,081,000 | -1,768,000 | -1,341,000 | -568,000 | 826,000 | -1,052,000 | -2,187,000 | -6,309,000 | 1,439,000 | 1,558,000 | -4,632,000 | -5,157,000 | 24,000 |
restricted assets - national advertising fund | -15,380,000 | 11,636,000 | 7,647,000 | -16,670,000 | 11,900,000 | 5,677,000 | -17,945,000 | 3,469,000 | -13,387,000 | 11,031,000 | 9,765,000 | -22,569,000 | |||||||||||||||||||||||||||||||
accounts payable and accrued expenses | -12,337,000 | 10,660,000 | -5,045,000 | 15,251,000 | -13,934,000 | 8,494,000 | 12,120,000 | 15,228,000 | -18,530,000 | 6,513,000 | 5,939,000 | 6,501,000 | -19,928,000 | 7,800,000 | -2,572,000 | -12,665,000 | -7,284,000 | 21,515,000 | 9,515,000 | 7,575,000 | -7,677,000 | 210,000 | 11,206,000 | -28,735,000 | 6,381,000 | 6,671,000 | 7,892,000 | -6,191,000 | -14,640,000 | 12,080,000 | 19,310,000 | -126,000 | -16,758,000 | 21,195,000 | -2,841,000 | 7,100,000 | -21,244,000 | 17,600,000 | 3,759,000 | 2,271,000 | -16,202,000 | 12,008,000 | 1,419,000 |
other liabilities and other current liabilities | -724,000 | -309,000 | 754,000 | 491,000 | -918,000 | 222,000 | -42,000 | -151,000 | -548,000 | -14,961,000 | -1,457,000 | 3,405,000 | 4,907,000 | 6,908,000 | -497,000 | 1,190,000 | 1,035,000 | 477,000 | 185,000 | 151,000 | -3,876,000 | 3,923,000 | -1,011,000 | 1,721,000 | -249,000 | 177,000 | -267,000 | 1,563,000 | 214,000 | 34,000 | 39,000 | -2,991,000 | 83,000 | 254,000 | -691,000 | -221,000 | 188,000 | 2,777,000 | -34,000 | -26,000 | 30,000 | 42,000 | 15,000 |
income taxes | 6,661,000 | 5,617,000 | -366,000 | -9,720,000 | 4,967,000 | 1,960,000 | 1,079,000 | -4,575,000 | 1,943,000 | 2,287,000 | -1,472,000 | -1,368,000 | 2,736,000 | 439,000 | -2,175,000 | -561,000 | 625,000 | 1,750,000 | 39,000 | 118,000 | 295,000 | -2,576,000 | 2,600,000 | -3,170,000 | -1,315,000 | 3,184,000 | 1,060,000 | 219,000 | 1,768,000 | -834,000 | 897,000 | -1,767,000 | 1,898,000 | -1,565,000 | -1,056,000 | -716,000 | 310,000 | 1,550,000 | -1,721,000 | -3,508,000 | -2,314,000 | ||
payments pursuant to tax benefit arrangements | -10,000 | -1,510,000 | -38,000 | -16,160,000 | 0 | ||||||||||||||||||||||||||||||||||||||
equipment deposits | -2,751,000 | -1,031,000 | 3,315,000 | 5,372,000 | 637,000 | -8,488,000 | 5,203,000 | -2,456,000 | 3,088,000 | -9,432,000 | 1,841,000 | -754,000 | 4,408,000 | -23,592,000 | 9,211,000 | 9,969,000 | 6,869,000 | -14,864,000 | 13,411,000 | 7,309,000 | -621,000 | -726,000 | -2,310,000 | -1,562,000 | 2,386,000 | -5,558,000 | 1,190,000 | -5,126,000 | 4,594,000 | -3,540,000 | 2,447,000 | -5,281,000 | 7,784,000 | -1,623,000 | 561,000 | -3,179,000 | 8,569,000 | -1,808,000 | -541,000 | -734,000 | -334,000 | -1,911,000 | 4,693,000 |
deferred revenue | 27,298,000 | -7,189,000 | -9,908,000 | -4,035,000 | 17,805,000 | -6,777,000 | -9,101,000 | -866,000 | 19,519,000 | -5,486,000 | -7,885,000 | -2,082,000 | 19,395,000 | -2,102,000 | -6,277,000 | 2,477,000 | 15,306,000 | -1,134,000 | -3,836,000 | -1,483,000 | 8,802,000 | 2,210,000 | -8,872,000 | -22,172,000 | 25,992,000 | 5,349,000 | -528,000 | 2,963,000 | 3,668,000 | 2,096,000 | 1,315,000 | 2,693,000 | 3,536,000 | 2,234,000 | -2,784,000 | 1,299,000 | 527,000 | 612,000 | -3,496,000 | 3,323,000 | -1,091,000 | 2,368,000 | -2,604,000 |
leases | 2,596,000 | 2,273,000 | 1,713,000 | 2,598,000 | 5,001,000 | 3,640,000 | 4,300,000 | 2,767,000 | 2,071,000 | 2,819,000 | 4,317,000 | 724,000 | -379,000 | 1,633,000 | 560,000 | ||||||||||||||||||||||||||||
net cash from operating activities | 147,521,000 | 109,060,000 | 131,467,000 | 43,967,000 | 133,927,000 | 49,131,000 | 126,794,000 | 78,216,000 | 89,732,000 | 63,334,000 | 109,590,000 | 59,420,000 | 97,910,000 | 49,781,000 | 80,163,000 | 52,253,000 | 58,010,000 | 39,799,000 | 75,224,000 | 50,743,000 | 23,523,000 | 33,253,000 | 10,869,000 | -86,106,000 | 73,122,000 | 51,574,000 | 70,233,000 | 24,570,000 | 57,934,000 | 40,513,000 | 65,392,000 | 30,360,000 | 48,134,000 | 37,993,000 | 30,030,000 | 32,526,000 | 30,472,000 | 33,079,000 | 25,652,000 | 34,824,000 | 15,262,000 | 25,090,000 | 19,937,000 |
capital expenditures | -25,501,000 | -50,093,000 | -54,776,000 | -35,746,000 | -23,055,000 | -42,093,000 | -48,623,000 | -38,034,000 | -26,311,000 | -51,350,000 | -39,493,000 | -22,146,000 | -22,997,000 | -34,919,000 | -23,715,000 | -17,551,000 | -23,872,000 | -22,283,000 | -12,396,000 | -13,036,000 | -6,359,000 | -15,841,000 | -15,558,000 | -12,051,000 | -9,110,000 | -20,752,000 | -18,213,000 | -11,454,000 | -7,471,000 | -22,259,000 | -10,465,000 | -6,100,000 | -2,036,000 | -14,493,000 | -9,102,000 | -8,791,000 | -5,336,000 | -6,111,000 | -4,779,000 | -3,622,000 | -865,000 | -5,658,000 | -5,292,000 |
free cash flows | 122,020,000 | 58,967,000 | 76,691,000 | 8,221,000 | 110,872,000 | 7,038,000 | 78,171,000 | 40,182,000 | 63,421,000 | 11,984,000 | 70,097,000 | 37,274,000 | 74,913,000 | 14,862,000 | 56,448,000 | 34,702,000 | 34,138,000 | 17,516,000 | 62,828,000 | 37,707,000 | 17,164,000 | 17,412,000 | -4,689,000 | -98,157,000 | 64,012,000 | 30,822,000 | 52,020,000 | 13,116,000 | 50,463,000 | 18,254,000 | 54,927,000 | 24,260,000 | 46,098,000 | 23,500,000 | 20,928,000 | 23,735,000 | 25,136,000 | 26,968,000 | 20,873,000 | 31,202,000 | 14,397,000 | 19,432,000 | 14,645,000 |
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||
additions to property and equipment | -25,501,000 | -50,093,000 | -54,776,000 | -35,746,000 | -23,055,000 | -42,093,000 | -48,623,000 | -38,034,000 | -26,311,000 | -51,350,000 | -39,493,000 | -22,146,000 | -22,997,000 | -34,919,000 | -23,715,000 | -17,551,000 | -23,872,000 | -22,283,000 | -12,396,000 | -13,036,000 | -6,359,000 | -15,841,000 | -15,558,000 | -12,051,000 | -9,110,000 | -20,752,000 | -18,213,000 | -11,454,000 | -7,471,000 | -22,259,000 | -10,465,000 | -6,100,000 | -2,036,000 | -14,493,000 | -9,102,000 | -8,791,000 | -5,336,000 | -6,111,000 | -4,779,000 | -3,622,000 | -865,000 | -5,658,000 | -5,292,000 |
insurance proceeds for property and equipment | 0 | 0 | 0 | 2,053,000 | |||||||||||||||||||||||||||||||||||||||
payment of deferred consideration for acquired clubs | 15,000 | -60,000 | -1,479,000 | ||||||||||||||||||||||||||||||||||||||||
purchases of marketable securities | -36,395,000 | -37,740,000 | -36,443,000 | -39,624,000 | -42,334,000 | -38,590,000 | -42,903,000 | -39,008,000 | -34,922,000 | -48,278,000 | -35,393,000 | ||||||||||||||||||||||||||||||||
maturities of marketable securities | 35,340,000 | 35,268,000 | 34,355,000 | 35,205,000 | 36,749,000 | 22,750,000 | 33,083,000 | 25,250,000 | 22,589,000 | 42,500,000 | |||||||||||||||||||||||||||||||||
issuance of promissory notes to related parties | -20,647,000 | ||||||||||||||||||||||||||||||||||||||||||
other investing activities | -33,000 | ||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -47,203,000 | -54,123,000 | -35,079,000 | -42,863,000 | -28,099,000 | -60,400,000 | -57,875,000 | -51,792,000 | -38,644,000 | -92,076,000 | -46,894,000 | -178,024,000 | -22,997,000 | -37,368,000 | -2,895,000 | -16,597,000 | -449,706,000 | -24,144,000 | -12,378,000 | -23,035,000 | -31,359,000 | -15,841,000 | -15,445,000 | -12,017,000 | -8,975,000 | -58,539,000 | -18,483,000 | -26,222,000 | -7,450,000 | -22,259,000 | -27,652,000 | -6,006,000 | -30,499,000 | -13,979,000 | -8,936,000 | -8,791,000 | -5,336,000 | -5,830,000 | -4,519,000 | -3,500,000 | -845,000 | -5,407,000 | -5,283,000 |
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||
repayment of long-term debt | -4,563,000 | -414,687,000 | -5,625,000 | -3,626,000 | -634,250,000 | -4,375,000 | -4,375,000 | -4,375,000 | -4,375,000 | -4,375,000 | -4,375,000 | -4,375,000 | -4,375,000 | -3,000,000 | -3,000,000 | -3,000,000 | -3,000,000 | -3,000,000 | -705,877,000 | -1,796,000 | -1,796,000 | -1,797,000 | -1,796,000 | -1,796,000 | -1,796,000 | -1,796,000 | -1,275,000 | -1,275,000 | -1,275,000 | -11,275,000 | -1,275,000 | ||||||||||||
payment of deferred financing and other debt-related costs | -141,000 | 0 | 0 | -225,000 | 242,000 | -2,000 | -16,191,000 | 58,000 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||
proceeds from issuance of class a common stock | 613,000 | 374,000 | 301,000 | 522,000 | 655,000 | 4,654,000 | 7,413,000 | 9,358,000 | 450,000 | 585,000 | 203,000 | 1,624,000 | 6,748,000 | 146,000 | 103,000 | 151,000 | 525,000 | 7,270,000 | 338,000 | 234,000 | 344,000 | 690,000 | 298,000 | 1,092,000 | 491,000 | 913,000 | 607,000 | 308,000 | 146,000 | ||||||||||||||
repurchase and retirement of class a common stock | -51,105,000 | -350,347,000 | -97,941,000 | -2,076,000 | -50,009,000 | 0 | 0 | -280,200,000 | -20,005,000 | 0 | 0 | -100,025,000 | -25,005,000 | -1,000 | -50,015,000 | -300,221,000 | -300,293,000 | ||||||||||||||||||||||||||
principal payments on capital lease obligations | -45,000 | -56,000 | -42,000 | -20,000 | -31,000 | 2,000 | -28,000 | -36,000 | -36,000 | -41,000 | -45,000 | -51,000 | -56,000 | -61,000 | -75,000 | -80,000 | -52,000 | -36,000 | -42,000 | -51,000 | -53,000 | -47,000 | -34,000 | -43,000 | -41,000 | -34,000 | -32,000 | -15,000 | -12,000 | -12,000 | -12,000 | -12,000 | -11,000 | -9,000 | -12,000 | -13,000 | -12,000 | -33,000 | -85,000 | ||||
distributions paid to members of pla-fit holdings | -365,000 | -190,000 | -982,000 | -349,000 | -1,613,000 | -1,514,000 | -218,000 | -480,000 | -2,630,000 | -1,106,000 | |||||||||||||||||||||||||||||||||
net cash from financing activities | -55,606,000 | -28,509,000 | -103,497,000 | -10,730,000 | -55,359,000 | -3,448,000 | 2,146,000 | -78,696,000 | -24,997,000 | -5,031,000 | -5,510,000 | -106,269,000 | -24,607,000 | -7,012,000 | -55,854,000 | -125,626,000 | 324,217,000 | 2,779,000 | -4,604,000 | -4,337,000 | -4,084,000 | -3,903,000 | -4,222,000 | -3,443,000 | 69,418,000 | 235,188,000 | -162,453,000 | -4,120,000 | -4,267,000 | -306,151,000 | 422,927,000 | -3,537,000 | -3,319,000 | -4,213,000 | -6,549,000 | -5,617,000 | -5,324,000 | -52,746,000 | -10,807,000 | -13,932,000 | -7,698,000 | -16,693,000 | -18,253,000 |
effects of exchange rate changes on cash and cash equivalents | -172,000 | 120,000 | 342,000 | 1,310,000 | 348,000 | -2,158,000 | 723,000 | -864,000 | -315,000 | 543,000 | -495,000 | 530,000 | 198,000 | -79,000 | -510,000 | -425,000 | 206,000 | 33,000 | -139,000 | 67,000 | 53,000 | 689,000 | 440,000 | 806,000 | -1,640,000 | 321,000 | -172,000 | 292,000 | 250,000 | -610,000 | 195,000 | -179,000 | -250,000 | 12,000 | 201,000 | 167,000 | 31,000 | -64,000 | -36,000 | 4,000 | 119,000 | -21,000 | -88,000 |
net increase in cash, cash equivalents and restricted cash | 44,540,000 | 26,548,000 | -6,767,000 | -8,316,000 | 50,817,000 | -16,875,000 | 25,776,000 | 50,504,000 | 5,322,000 | 20,904,000 | 18,467,000 | 58,103,000 | 23,438,000 | -11,867,000 | 14,198,000 | -8,358,000 | -100,760,000 | 131,925,000 | 228,544,000 | -110,875,000 | -5,480,000 | 46,467,000 | -288,507,000 | ||||||||||||||||||||
cash, cash equivalents and restricted cash, beginning of period | 411,956,000 | 0 | 0 | 0 | 349,674,000 | 0 | 0 | 0 | 322,121,000 | 0 | 0 | 0 | 472,499,000 | 0 | 0 | 0 | 603,941,000 | 0 | 0 | 0 | 515,800,000 | 0 | 0 | 0 | 478,795,000 | 0 | 0 | 0 | 320,139,000 | 0 | |||||||||||||
cash, cash equivalents and restricted cash, end of period | 456,496,000 | 26,548,000 | -6,767,000 | -8,316,000 | 400,491,000 | -16,875,000 | 71,788,000 | -53,136,000 | 347,897,000 | -33,230,000 | 56,691,000 | -224,343,000 | 523,003,000 | 5,322,000 | 20,904,000 | -90,395,000 | 536,668,000 | 18,467,000 | 58,103,000 | 23,438,000 | 503,933,000 | 14,198,000 | -8,358,000 | -100,760,000 | 610,720,000 | 228,544,000 | -110,875,000 | -5,480,000 | 366,606,000 | -288,507,000 | |||||||||||||
supplemental cash flow information: | |||||||||||||||||||||||||||||||||||||||||||
cash paid for interest | 21,485,000 | 25,243,000 | 24,937,000 | 25,002,000 | 25,065,000 | 37,135,000 | 12,904,000 | 20,649,000 | 20,165,000 | 20,220,000 | 20,271,000 | 20,320,000 | 20,373,000 | 20,426,000 | 20,478,000 | 23,183,000 | 16,874,000 | 18,638,000 | 18,695,000 | 18,742,000 | 18,794,000 | 18,879,000 | 19,026,000 | 18,956,000 | 18,768,000 | 13,378,000 | 13,412,000 | 13,446,000 | 13,477,000 | 18,609,000 | 3,220,000 | 8,649,000 | 8,146,000 | 7,781,000 | 7,747,000 | 8,033,000 | 7,857,000 | 7,115,000 | 5,708,000 | 5,664,000 | 5,815,000 | 6,157,000 | 6,237,000 |
net cash paid for income taxes | 329,000 | 1,129,000 | 17,996,000 | 289,000 | 824,000 | 2,080,000 | 864,000 | 1,631,000 | 1,719,000 | 1,223,000 | 130,000 | 794,000 | 567,000 | 322,000 | 164,000 | 84,000 | 2,071,000 | 940,000 | 2,531,000 | 5,051,000 | 1,479,000 | 1,239,000 | 848,000 | 2,823,000 | 106,000 | -47,000 | 855,000 | 1,319,000 | 1,595,000 | -1,081,000 | 2,150,000 | 1,635,000 | 4,336,000 | 1,729,000 | 817,000 | ||||||||
non-cash investing activities: | |||||||||||||||||||||||||||||||||||||||||||
non-cash additions to property and equipment included in accounts payable and accrued expenses | 12,006,000 | 5,492,000 | 6,022,000 | 10,645,000 | -199,000 | 7,245,000 | 11,400,000 | ||||||||||||||||||||||||||||||||||||
equity-based compensation | 1,580,000 | 1,533,000 | 2,744,000 | 2,049,000 | 1,126,000 | 1,341,000 | 2,751,000 | 2,850,000 | 2,538,000 | 2,218,000 | 2,610,000 | 1,439,000 | 1,213,000 | 1,071,000 | 1,546,000 | 947,000 | 1,261,000 | 1,286,000 | 964,000 | 1,315,000 | 1,342,000 | 1,450,000 | 1,689,000 | 998,000 | 731,000 | 788,000 | 632,000 | 380,000 | 355,000 | 413,000 | 384,000 | 576,000 | 230,000 | ||||||||||
loss on extinguishment of debt | 0 | 0 | 1,583,000 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||
loss on re-measurement of tax benefit arrangement liability | |||||||||||||||||||||||||||||||||||||||||||
gain on sale of corporate-owned clubs | 0 | ||||||||||||||||||||||||||||||||||||||||||
payment of consideration for acquired clubs | |||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of corporate-owned clubs | 0 | ||||||||||||||||||||||||||||||||||||||||||
issuance of note receivable, related party | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||
other investments | -18,045,000 | -10,000,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of long-term debt | 0 | 0 | 0 | 0 | 0 | 900,000,000 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||
payment of share repurchase excise tax | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||
distributions to members of pla-fit holdings | |||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment included in accounts payable and accrued expenses | |||||||||||||||||||||||||||||||||||||||||||
fair value of clubs exchanged for equity-method investment | |||||||||||||||||||||||||||||||||||||||||||
other investing activity | 144,000 | ||||||||||||||||||||||||||||||||||||||||||
loss on disposal of property and equipment | 56,000 | -1,071,000 | -503,000 | 36,000 | 867,000 | -75,000 | -30,000 | -80,000 | -5,000 | -103,000 | 650,000 | ||||||||||||||||||||||||||||||||
repayment of long-term debt and variable funding notes | -5,625,000 | -5,188,000 | -5,186,000 | -5,188,000 | -5,187,000 | -5,188,000 | -5,188,000 | -5,187,000 | |||||||||||||||||||||||||||||||||||
acquisitions of franchisees | |||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment and insurance proceeds | |||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of variable funding notes | 0 | 0 | 0 | 75,000,000 | |||||||||||||||||||||||||||||||||||||||
fair value of common stock issued as consideration for acquisition | 0 | 0 | 0 | 393,730,000 | |||||||||||||||||||||||||||||||||||||||
loss on reacquired franchise rights | 0 | 0 | 0 | 0 | 0 | 1,160,000 | 0 | 10,000 | 0 | 350,000 | |||||||||||||||||||||||||||||||||
acquisition of franchisees, net of cash acquired | 0 | ||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment | 97,000 | 0 | 0 | 27,000 | 18,000 | 0 | 113,000 | 34,000 | 135,000 | 25,000 | 30,000 | 33,000 | 21,000 | 0 | 62,000 | 94,000 | 40,000 | 514,000 | 281,000 | 260,000 | 122,000 | 20,000 | 251,000 | 9,000 | |||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | 56,691,000 | -67,273,000 | |||||||||||||||||||||||||||||||||||||||||
net cash paid for (refund received) income taxes | 1,013,000 | ||||||||||||||||||||||||||||||||||||||||||
write-off of deferred financing costs | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||
gain on sale of corporate-owned stores | 0 | ||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of corporate-owned stores | 0 | ||||||||||||||||||||||||||||||||||||||||||
fair value of stores exchanged for equity-method investment | |||||||||||||||||||||||||||||||||||||||||||
dividends accrued on investment | -511,000 | -496,000 | -483,000 | -485,000 | -477,000 | -463,000 | -451,000 | -452,000 | |||||||||||||||||||||||||||||||||||
equity losses of unconsolidated entities, net of tax | 242,000 | 73,000 | 265,000 | 133,000 | 2,000 | ||||||||||||||||||||||||||||||||||||||
gain on adjustment of allowance for credit losses on held-to-maturity investment | 273,000 | 265,000 | -2,110,000 | ||||||||||||||||||||||||||||||||||||||||
gain on re-measurement of tax benefit arrangement | -4,510,000 | -83,000 | -3,788,000 | 0 | 0 | -348,000 | 0 | 42,000 | -396,000 | 0 | 0 | -541,000 | |||||||||||||||||||||||||||||||
changes in operating assets and liabilities, excluding effects of acquisitions: | |||||||||||||||||||||||||||||||||||||||||||
restricted liabilities (assets) - national advertising fund | |||||||||||||||||||||||||||||||||||||||||||
payable pursuant to tax benefit arrangements | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||
payment of financing and other debt-related costs | |||||||||||||||||||||||||||||||||||||||||||
non-cash investing & financing activities: | |||||||||||||||||||||||||||||||||||||||||||
non-cash additions to property and equipment | 5,532,000 | 3,376,000 | 11,682,000 | 2,370,000 | 1,958,000 | 5,138,000 | 4,470,000 | 152,000 | 2,007,000 | -3,919,000 | 7,419,000 | -6,457,000 | 5,530,000 | -220,000 | 2,319,000 | -2,010,000 | 2,941,000 | -2,255,000 | 4,151,000 | 3,234,000 | 145,000 | 1,619,000 | 453,000 | 379,000 | -506,000 | 950,000 | 38,000 | 2,076,000 | -99,000 | 56,000 | 170,000 | -502,000 | |||||||||||
accrued taxes on share repurchases | |||||||||||||||||||||||||||||||||||||||||||
loss on adjustment of allowance for credit losses on held-to-maturity investment | -160,000 | 255,000 | |||||||||||||||||||||||||||||||||||||||||
amortization of asset retirement obligations | 95,000 | 17,000 | 17,000 | 59,000 | -21,000 | 15,000 | 26,000 | 7,000 | 10,000 | -53,000 | 221,000 | ||||||||||||||||||||||||||||||||
acquisition of franchises, net of cash acquired | 0 | 894,000 | -425,834,000 | ||||||||||||||||||||||||||||||||||||||||
net (refund received) cash paid for income taxes | -1,016,000 | ||||||||||||||||||||||||||||||||||||||||||
loss on re-measurement of tax benefit arrangement | -5,447,000 | 0 | 0 | -502,000 | 1,328,000 | -214,000 | 1,479,000 | 3,373,000 | |||||||||||||||||||||||||||||||||||
credit loss expense on held-to-maturity investment | |||||||||||||||||||||||||||||||||||||||||||
investments | 0 | 0 | -10,000,000 | -25,000,000 | |||||||||||||||||||||||||||||||||||||||
dividend equivalent paid to members of pla-fit holdings | |||||||||||||||||||||||||||||||||||||||||||
net cash paid (refund received) for income taxes | |||||||||||||||||||||||||||||||||||||||||||
distributions to continuing llc members | -1,208,000 | -815,000 | -525,000 | -58,000 | 0 | -1,600,000 | -1,757,000 | -1,900,000 | -1,842,000 | -1,866,000 | -1,769,000 | -1,734,000 | -3,716,000 | -2,450,000 | -3,142,000 | -9,599,000 | -11,061,000 | -6,411,000 | |||||||||||||||||||||||||
equity loss of unconsolidated entities, net of tax | 238,000 | ||||||||||||||||||||||||||||||||||||||||||
leases and deferred rent | -90,000 | 337,000 | -143,000 | 126,000 | 391,000 | 110,000 | 774,000 | 37,000 | -43,000 | 60,000 | |||||||||||||||||||||||||||||||||
amortization of favorable leases and asset retirement obligations | 95,000 | 94,000 | 93,000 | 93,000 | 74,000 | 76,000 | 90,000 | 94,000 | 95,000 | 99,000 | 99,000 | 99,000 | 98,000 | 145,000 | |||||||||||||||||||||||||||||
provision for bad debts | 0 | -29,000 | -17,000 | 5,000 | -33,000 | 74,000 | 23,000 | -12,000 | 2,000 | 11,000 | 16,000 | 6,000 | -14,000 | -63,000 | 16,000 | 1,000 | 27,000 | 15,000 | 31,000 | 6,000 | 7,000 | 120,000 | 1,000 | ||||||||||||||||||||
gain on disposal of property and equipment | 0 | 198,000 | -34,000 | -167,000 | -182,000 | 21,000 | -186,000 | -197,000 | -9,000 | ||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||
deferred rent | -157,000 | 2,562,000 | 741,000 | 853,000 | 838,000 | 116,000 | 139,000 | 106,000 | 253,000 | 97,000 | 197,000 | 85,000 | 172,000 | 88,000 | |||||||||||||||||||||||||||||
acquisitions of franchises | |||||||||||||||||||||||||||||||||||||||||||
purchase of intellectual property | 0 | ||||||||||||||||||||||||||||||||||||||||||
national advertising fund | 7,200,000 | 5,359,000 | -13,721,000 | 11,387,000 | 2,422,000 | -10,363,000 | 1,404,000 | -6,500,000 | 2,952,000 | -4,586,000 | |||||||||||||||||||||||||||||||||
proceeds from borrowings under variable funding notes | 0 | 0 | 75,000,000 | ||||||||||||||||||||||||||||||||||||||||
dividend equivalent payments | -53,000 | -117,000 | -57,000 | -91,000 | -118,000 | -20,000 | -743,000 | -118,000 | -20,000 | -1,183,000 | -119,000 | -20,000 | |||||||||||||||||||||||||||||||
amortization and settlement of interest rate caps | |||||||||||||||||||||||||||||||||||||||||||
due from related parties | |||||||||||||||||||||||||||||||||||||||||||
acquisition of franchises | 0 | -17,249,000 | 0 | -28,503,000 | |||||||||||||||||||||||||||||||||||||||
third party debt refinancing expense | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||
premiums paid for interest rate caps | 0 | 0 | 0 | -366,000 | 0 | ||||||||||||||||||||||||||||||||||||||
amortization of favorable leases | |||||||||||||||||||||||||||||||||||||||||||
amortization of interest rate caps | 724,000 | 251,000 | 195,000 | 203,000 | 598,000 | 522,000 | 432,000 | 338,000 | 238,000 | 146,000 | 75,000 | ||||||||||||||||||||||||||||||||
due to and due from related parties | 117,000 | -192,000 | -269,000 | -201,000 | 3,210,000 | 165,000 | -291,000 | 963,000 | |||||||||||||||||||||||||||||||||||
exercise of stock options and espp proceeds | |||||||||||||||||||||||||||||||||||||||||||
payable to related parties pursuant to tax benefit arrangements | 0 | 0 | -3,894,000 | -2,113,000 | |||||||||||||||||||||||||||||||||||||||
repurchase and retirement of class b common stock | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||
dividend paid to holders of class a common stock | |||||||||||||||||||||||||||||||||||||||||||
non-cash financing activities: | |||||||||||||||||||||||||||||||||||||||||||
non-cash dividend equivalent payments | |||||||||||||||||||||||||||||||||||||||||||
exercise of stock options | 706,000 | 158,000 | 242,000 | ||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 20,638,000 | 14,066,000 | 19,813,000 | 14,746,000 | 18,285,000 | 19,843,000 | -25,561,000 | 10,290,000 | 17,396,000 | 6,838,000 | 2,969,000 | -3,687,000 | |||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 0 | 113,080,000 | 0 | 0 | 0 | 40,393,000 | 0 | 0 | 0 | 31,430,000 | 0 | 0 | |||||||||||||||||||||||||||||||
cash and cash equivalents, end of period | 20,638,000 | 127,146,000 | 19,813,000 | 14,746,000 | 18,285,000 | 60,236,000 | -25,561,000 | 10,290,000 | 17,396,000 | 38,268,000 | 2,969,000 | -3,687,000 | |||||||||||||||||||||||||||||||
proceeds from issuance of class a common stock sold in initial public offering, net of underwriting discounts and commissions | 0 | ||||||||||||||||||||||||||||||||||||||||||
use of proceeds from issuance of class a common stock to purchase holdings units | 0 | ||||||||||||||||||||||||||||||||||||||||||
notes receivable and due from related parties | -99,000 | 3,544,000 | -322,000 | 2,574,000 | |||||||||||||||||||||||||||||||||||||||
payments to related parties pursuant to tax benefit arrangements | |||||||||||||||||||||||||||||||||||||||||||
distributions to variable interest entities | |||||||||||||||||||||||||||||||||||||||||||
non-cash consideration for acquisition of franchises | |||||||||||||||||||||||||||||||||||||||||||
non-cash distributions to members | |||||||||||||||||||||||||||||||||||||||||||
exercise of common stock options | |||||||||||||||||||||||||||||||||||||||||||
unsettled distributions to members | |||||||||||||||||||||||||||||||||||||||||||
gain on decrease in tax benefit arrangement | |||||||||||||||||||||||||||||||||||||||||||
net repayments on line of credit | |||||||||||||||||||||||||||||||||||||||||||
contributions from variable interest entities | |||||||||||||||||||||||||||||||||||||||||||
unrealized gain on interest rate swaps | |||||||||||||||||||||||||||||||||||||||||||
state income taxes | 538,000 | ||||||||||||||||||||||||||||||||||||||||||
deferred tax benefit | |||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, excluding effects of acquisitions and dispositions: | |||||||||||||||||||||||||||||||||||||||||||
distributions to members |
