Welcome to our dedicated page for Planet Fitness news (Ticker: PLNT), a resource for investors and traders seeking the latest updates and insights on Planet Fitness stock.
Planet Fitness, Inc. operates and franchises fitness clubs under a subscription-based model and reports developments across its Franchise, Corporate-owned clubs and Equipment segments. News commonly covers quarterly and annual results, system-wide same-club sales, membership trends, club openings, equipment placements in franchisee-owned locations and updates to operating outlook.
The company’s updates also address its club network in the United States and select international markets, franchisee activity, membership initiatives, board appointments and executive finance leadership changes.
Planet Fitness (NYSE: PLNT) appointed Steve Beard, Chairman & CEO of Covista, to its Board of Directors effective February 9, 2026, expanding the board to nine directors. Mr. Beard brings healthcare education, corporate governance, M&A, and talent-acquisition experience and has led Covista to serve over 97,000 students.
As of December 31, 2025, Planet Fitness reported approximately 20.8 million members and 2,896 clubs worldwide; the company said the appointment will support strategy execution and shareholder value creation.
Planet Fitness (NYSE: PLNT) reported key year-end operating metrics for 2025. As of Dec 31, 2025, membership totaled approximately 20.8 million and system-wide same club sales rose 6.7% for the full year. The company opened 181 new clubs in 2025 (including 23 corporate locations) and placed equipment in 152 new franchised clubs, bringing system-wide total clubs to 2,896. Management will present operating metrics at a fireside chat at the ICR Conference on Jan 13, 2026, and plans to release full fiscal year 2025 results and 2026 outlook on Feb 24, 2026. The company said franchisees agreed to shift a portion of Local Ad Fund contributions to the National Ad Fund for 2026.
Planet Fitness (NYSE: PLNT) will participate in the ICR Conference 2026 with a management fireside chat on January 13, 2026 at 10:30 a.m. ET.
A live webcast of the presentation will be available on the company's investor relations website at investor.planetfitness.com. As of September 30, 2025, Planet Fitness reported approximately 20.7 million members and 2,795 clubs across the U.S. and international markets.
Planet Fitness (NYSE: PLNT) entered a $350 million accelerated share repurchase (ASR) agreement with Citibank, under Planet Fitness's existing $500 million 2024 repurchase authorization.
Planet Fitness will pay $350 million in cash and initially receive ~2.5 million Class A shares (about 80% of expected repurchases); final share count will be determined by VWAP minus an agreed discount with settlement expected no later than Q1 2026. The company also authorized a new $500 million 2025 repurchase program that becomes effective upon completion of the ASR.
As of Sept 30, 2025 Planet Fitness reported ~20.7 million members and 2,795 clubs worldwide.
Planet Fitness (NYSE: PLNT) completed a refinancing on Dec 15, 2025 issuing $750 million of Class A-2 senior secured notes in two tranches: $400 million due ~5 years at 5.274% and $350 million due ~7 years at 5.649%, both with quarterly interest. The facility includes a $75 million revolving Variable Funding Notes capacity; none drawn at closing. Proceeds will repay the Series 2022-1 Class A-2-I (≈$410 million outstanding as of Sept 30, 2025), pay transaction costs and reserves, and support general corporate purposes including share repurchases.
Planet Fitness (NYSE: PLNT) priced a $750 million securitized financing facility on Dec 5, 2025, issuing Series 2025-1 Class A-2 Fixed Rate Senior Secured Notes in two tranches: $400M (5-year, 5.274% fixed) and $350M (7-year, 5.649% fixed), payable quarterly.
The notes are expected to be issued by a bankruptcy-remote subsidiary and close on or around Dec 15, 2025, subject to conditions. The company also expects a $75M variable funding note facility in addition to an existing $75M Class A-1 facility.
Proceeds will repay the Series 2022-1 Class A-2-I (≈$410M outstanding as of Sep 30, 2025), pay transaction costs and reserves, and fund general corporate purposes, which may include share repurchases.
Planet Fitness (NYSE: PLNT) announced a proposed refinancing by certain subsidiaries that would issue a new securitized series and repay existing notes. The company intends to issue $750 million Series 2025-1 Fixed Rate Senior Secured Notes, Class A-2, with the potential to upsize to $850 million, and expects the offering to close in December 2025 subject to market conditions.
Net proceeds are expected to repay in full the Series 2022-1 Class A-2-I Notes (≈$410 million principal), fund transaction costs and reserve accounts, and provide general corporate purposes, which may include share repurchases. As of Sept 30, 2025, the company had ≈$2.2 billion outstanding under its securitized financing facility and no borrowings under the existing variable funding notes facility.
Planet Fitness (NYSE: PLNT) outlined its strategy and long-term financial targets at its 2025 Investor Day on November 13, 2025. Management presented four strategic imperatives to modernize the brand, enhance member experience, refine club floorplans, and accelerate global new-club growth.
The company set a 2026–2028 growth algorithm: low-double digit revenue CAGR, mid-single digit same-club sales, 6%–7% new club unit growth, mid-teens Adjusted EBITDA CAGR, and mid-to-high teens adjusted diluted EPS CAGR. As of Sept 30, 2025, Planet Fitness reported ~20.7 million members and 2,795 clubs.
Planet Fitness (NYSE: PLNT) reported third quarter 2025 results with total revenue $330.3M (+13.0%) and system-wide same club sales +6.9%. Adjusted EBITDA rose to $140.8M and adjusted net income was $67.0M ($0.80 per diluted share). The company opened 35 clubs during the quarter, bringing the system to 2,795 clubs and ~20.7M members. Cash and marketable securities totaled $577.9M. Planet Fitness repurchased approximately $100M of shares and raised its 2025 growth outlook: system-wide same club sales now ~6.5%, revenue ~11%, adjusted EBITDA ~12%, and adjusted net income ~13–14%.
Planet Fitness (NYSE: PLNT) will host an Investor Day on Thursday, November 13, 2025 for investors and research analysts.
The event runs from 10:00 a.m. to 12:00 p.m. EST, features presentations from senior management about the company’s strategic vision, operating and growth strategy, and multi-year financial targets. In-person attendance is by invitation only.
A live broadcast and on-demand replay will be available at https://event.webcasts.com/starthere, and an accompanying investor presentation will be posted in the Events & Presentations section of the Planet Fitness Investor Relations website. As of June 30, 2025, Planet Fitness reported approximately 20.8 million members and 2,762 clubs across the U.S., Puerto Rico, Canada, Panama, Mexico, Australia and Spain.