PLNT Q3 2023 Earnings — Planet Fitness, Inc. Revenue & Financial Results | Market Cap Arena

PLNTPlanet Fitness, Inc.

$6B

Q3 2023 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$278M+13.6% YoY

Gross Profit

$143M51.5% margin

Operating Income

$72M26.1% margin

Net Income

$39M14.1% margin

EPS (Diluted)

$0.46

QoQ Revenue Growth

-3.1%

Cash Flow

Operating Cash Flow

$110M

Free Cash Flow

$70M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$3.1B

Stockholders' Equity

-$157M

Cash & Equivalents

$309M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$278M	$244M	+13.6%
Gross Profit	$143M	$121M	+18.3%
Operating Income	$72M	$62M	+16.8%
Net Income	$39M	$27M	+45.4%

Revenue Segments

Corporate-Owned Stores

$113M41%

Franchise

$81M29%

Equipment Revenue

$66M24%

Advertising

$18M6%