PLNT Q4 2023 Earnings — Planet Fitness, Inc. Revenue & Financial Results | Market Cap Arena

PLNTPlanet Fitness, Inc.

$6B

Q4 2023 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$285M+1.4% YoY

Gross Profit

$144M50.7% margin

Operating Income

$71M25.0% margin

Net Income

$35M12.4% margin

EPS (Diluted)

$0.41

QoQ Revenue Growth

+2.7%

Cash Flow

Operating Cash Flow

$63M

Free Cash Flow

$12M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$3.1B

Stockholders' Equity

-$116M

Cash & Equivalents

$276M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$285M	$281M	+1.4%
Gross Profit	$144M	$134M	+7.6%
Operating Income	$71M	$64M	+10.8%
Net Income	$35M	$34M	+4.9%

Revenue Segments

Corporate-Owned Stores

$116M41%

Franchise

$81M28%

Equipment Revenue

$70M25%

Advertising

$18M6%