Planet Fitness profit margin PLNT
Gross, operating and net profit as a share of revenue over the last twelve months, from 2015.
- Net margin, 12 months
- 16.9%
- Operating margin, 12 months
- 30.9%
- Net margin on a year earlier
- +1.8 pts
- Peer median
- 8.7%
Over the twelve months to Jun 30, 2026, Planet Fitness kept 16.9% of its revenue as net profit, with an operating margin of 30.9% and a gross margin of 81.7%.
Five years earlier its net margin was 5.2%.
The median for 10 leisure stocks of a similar size is 8.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 16.5% | 29.8% | 82.6% |
| FY2024 | 14.6% | 27.4% | 83.3% |
| FY2023 | 12.9% | 25.5% | 82.3% |
| FY2022 | 10.6% | 24.6% | 81.1% |
| FY2021 | 7.3% | 24.4% | 82.8% |
| FY2020 | −3.7% | 14.7% | 82.5% |
| FY2019 | 17.1% | 33.8% | 71.8% |
| FY2018 | 15.4% | 32.1% | 71.6% |
| FY2017 | 7.7% | 34.3% | 69.9% |
| FY2016 | 5.7% | 30.6% | 67.7% |
| FY2015 | 5.6% | 21.8% | 65.7% |
| FY2014 | n/a | 22.0% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 16.9% | +1.8 pts | 30.9% | |
| Q1 FY26 | 16.5% | +1.7 pts | 29.9% | |
| Q4 FY25 | 16.5% | +2.0 pts | 29.8% | |
| Q3 FY25 | 16.0% | +1.7 pts | 29.4% | |
| Q2 FY25 | 15.1% | +1.0 pts | 28.2% | |
| Q1 FY25 | 14.8% | +1.2 pts | 27.9% | |
| Q4 FY24 | 14.6% | +1.6 pts | 27.4% | |
| Q3 FY24 | 14.2% | +1.4 pts | 27.2% | |
| Q2 FY24 | 14.2% | +2.1 pts | 26.7% | |
| Q1 FY24 | 13.7% | +2.8 pts | 26.1% | |
| Q4 FY23 | 12.9% | +2.3 pts | 25.5% | |
| Q3 FY23 | 12.8% | +4.3 pts | 24.9% |
Against its peers
Companies in Leisure nearest Planet Fitness' size, closest first, today.
| Company | Profit margin |
|---|---|
| PLNTPlanet Fitness | 16.9% |
| BRCBrady | 12.4% |
| MATMattel | 7.8% |
| GOLFAcushnet | 8.1% |
| YETIYETI | 9.2% |
| OSWONESPAWORLD HOLDINGS | 8.0% |
| PTONPeloton Interactive | 2.6% |
| LTHLife Time | 13.0% |
| ODCOil-Dri Corp of America | 11.5% |
| DAKTDaktronics | 5.7% |
| HASHasbro | 16.0% |
| Peer median | 8.7% |
Where Planet Fitness ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Planet Fitness
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.