PLNT Q2 2023 Earnings — Planet Fitness, Inc. Revenue & Financial Results | Market Cap Arena

PLNTPlanet Fitness, Inc.

$6B

Q2 2023 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$286M+27.6% YoY

Gross Profit

$150M52.4% margin

Operating Income

$77M26.9% margin

Net Income

$41M14.4% margin

EPS (Diluted)

$0.48

QoQ Revenue Growth

+28.9%

Cash Flow

Operating Cash Flow

$59M

Free Cash Flow

$37M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$3.1B

Stockholders' Equity

-$202M

Cash & Equivalents

$236M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$286M	$224M	+27.6%
Gross Profit	$150M	$117M	+28.8%
Operating Income	$77M	$55M	+39.8%
Net Income	$41M	$22M	+84.1%

Revenue Segments

Corporate-Owned Stores

$114M40%

Franchise

$81M28%

Equipment Revenue

$74M26%

Advertising

$18M6%