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Planet Fitness Q1 revenue rises 21.9%, but lowers 2026 growth outlook amid slower member gains

Company Fundamentals
07 May 2026
PRNewsWire
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Bullish
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Planet Fitness reported a 21.9% revenue increase to $337.2 million in Q1 2026, driven by system-wide same club sales growth of 3.5% and new club openings. Net income rose to $51.6 million, with adjusted EBITDA up 19.5% to $139.9 million. Despite strong financial results, the company faced slower-than-expected net member growth and paused a planned Black Card price increase, leading to a lowered 2026 growth outlook with system-wide same club sales growth now expected at 1% and revenue growth at 7%. Planet Fitness aims to sharpen marketing efforts to boost membership and anticipates stronger results in 2027, maintaining confidence in long-term industry leadership.

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