Planet Fitness (NYSE: PLNT) reported fourth-quarter results that exceeded Wall Street expectations and provided a 2026 outlook calling for 9% revenue growth, though shares declined more than 5% in premarket trading Tuesday.
Adjusted earnings per share for the fourth quarter were $0.83, surpassing the consensus estimate of $0.78. Revenue totaled $376.26 million, ahead of expectations of $366.72 million.
System-wide same club sales increased 5.7%, while total system-wide sales rose to $1.3 billion from $1.2 billion in the prior-year quarter. Adjusted EBITDA increased to $146.3 million, up from $130.8 million a year earlier.
For full-year results, adjusted EPS was $3.07, and revenue increased 12.1% to $1.3 billion. Adjusted EBITDA rose $63.9 million to $551.6 million from $487.7 million in the previous year.
Looking ahead to 2026, Planet Fitness expects revenue growth of approximately 9% and adjusted EBITDA growth of around 10%. Adjusted net income is projected to increase between 4% and 5%.
Adjusted diluted EPS is expected to grow 9% to 10%, based on approximately 80 million adjusted diluted weighted-average shares outstanding, including the effect of anticipated share repurchases.
System-wide same club sales growth for 2026 is projected to be in the range of 4% to 5%.
