PLNT Q1 2024 Earnings — Planet Fitness, Inc. Revenue & Financial Results | Market Cap Arena

PLNTPlanet Fitness, Inc.

$6B

Q1 2024 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$248M+11.6% YoY

Gross Profit

$135M54.4% margin

Operating Income

$66M26.5% margin

Net Income

$34M13.8% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

-13.0%

Cash Flow

Operating Cash Flow

$90M

Free Cash Flow

$63M

Stock-Based Comp.

$975,000

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$3.1B

Stockholders' Equity

-$96M

Cash & Equivalents

$302M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$248M	$222M	+11.6%
Gross Profit	$135M	$120M	+12.5%
Operating Income	$66M	$52M	+26.2%
Net Income	$34M	$23M	+51.1%

Revenue Segments

Corporate-Owned Stores

$122M49%

Franchise

$84M34%

Equipment Revenue

$22M9%

Advertising

$20M8%