PLNT Q3 2024 Earnings — Planet Fitness, Inc. Revenue & Financial Results | Market Cap Arena

PLNTPlanet Fitness, Inc.

$6B

Q3 2024 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$292M+5.3% YoY

Gross Profit

$155M53.1% margin

Operating Income

$81M27.8% margin

Net Income

$42M14.4% margin

EPS (Diluted)

$0.50

QoQ Revenue Growth

-2.9%

Cash Flow

Operating Cash Flow

$127M

Free Cash Flow

$78M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$3.3B

Stockholders' Equity

-$266M

Cash & Equivalents

$299M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$292M	$278M	+5.3%
Gross Profit	$155M	$143M	+8.5%
Operating Income	$81M	$72M	+12.3%
Net Income	$42M	$39M	+7.3%

Revenue Segments

Franchise

$83M50%

Equipment Revenue

$62M38%

Advertising

$20M12%