PLANET FITNESS, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.32B | $1.18B | $1.07B | $936.8M | $587.0M | $406.6M | $688.8M | $572.9M |
| Cost of Revenue | $230.3M | $197.1M | $190.0M | $177.2M | $101.0M | — | $194.4M | $162.6M |
| Gross Profit | $1.09B | $984.5M | $881.3M | $759.6M | $486.0M | — | $494.4M | $410.3M |
| Gross Margin | 82.6% | 83.3% | 82.3% | 81.1% | 82.8% | — | 71.8% | 71.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $137.6M | $129.1M | $124.9M | $114.9M | $94.5M | $68.6M | $78.8M | $72.4M |
| Operating Income | $394.7M | $324.2M | $272.9M | $230.1M | $143.4M | $59.8M | $233.1M | $184.0M |
| Operating Margin | 29.8% | 27.4% | 25.5% | 24.6% | 24.4% | 14.7% | 33.8% | 32.1% |
| Interest Expense | — | — | $86.6M | $88.6M | $81.2M | $82.1M | $60.9M | $50.7M |
| Pretax Income | $309.0M | $246.7M | $207.5M | $161.4M | $52.0M | $-14.5M | $173.2M | $131.8M |
| Income Tax Expense | $85.9M | $68.4M | $58.5M | $50.5M | $5.7M | $687.0K | $37.8M | $28.6M |
| Net Income | $219.1M | $172.0M | $138.3M | $99.4M | $42.8M | $-15.0M | $117.7M | $88.0M |
| Net Margin | 16.5% | 14.6% | 12.9% | 10.6% | 7.3% | -3.7% | 17.1% | 15.4% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Diluted) | — | — | — | — | — | — | — | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |