PLNT Q2 2024 Earnings — Planet Fitness, Inc. Revenue & Financial Results | Market Cap Arena

PLNTPlanet Fitness, Inc.

$6B

Q2 2024 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$301M+5.1% YoY

Gross Profit

$159M52.7% margin

Operating Income

$87M29.0% margin

Net Income

$49M16.2% margin

EPS (Diluted)

$0.56

QoQ Revenue Growth

+21.3%

Cash Flow

Operating Cash Flow

$78M

Free Cash Flow

$40M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$3.3B

Stockholders' Equity

-$318M

Cash & Equivalents

$247M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$301M	$286M	+5.1%
Gross Profit	$159M	$150M	+5.7%
Operating Income	$87M	$77M	+13.5%
Net Income	$49M	$41M	+18.2%

Revenue Segments

Corporate-Owned Stores

$125M42%

Franchise

$88M29%

Equipment Revenue

$68M22%

Advertising

$20M7%