Planet Fitness is a provider of fitness training programs and classes. The Company franchises and operates fitness centers. It operates through three segments: Franchise, Corporate-Owned Stores, and Equipment.

Employee Rating

3.3More
TypeSubsidiary
HQNewington, US
Founded1992
Websiteplanetfitness.com
Planet Fitness was founded in 1992 and is headquartered in Newington, US
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Key People/Management at Planet Fitness

Chris Rondeau

Chris Rondeau

CEO
Roger Chacko

Roger Chacko

Chief Commercial Officer
Craig Miller

Craig Miller

Chief Digital & Information Officer
Ray Miolla

Ray Miolla

Chief Development Officer
Justin Vartanian

Justin Vartanian

General Counsel
Bill Bode

Bill Bode

Senior Vice President of Franchise Operations
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Planet Fitness Office Locations

Planet Fitness has an office in Newington
Newington, US (HQ)
26 Fox Run Rd
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Planet Fitness Financials and Metrics

Summary Metrics

Founding Date

1992

Planet Fitness Revenue

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Planet Fitness's revenue was reported to be $429.94 m in FY, 2017
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

279.8m330.5m378.2m429.9m

Revenue growth, %

18%14%

Cost of goods sold

100.3m113.5m122.3m129.3m

Gross profit

179.5m217.0m255.9m300.7m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

79.0m68.8m83.3m91.5m87.0m91.1m107.3m97.5m121.3m140.6m136.7m

Cost of goods sold

25.3m18.9m23.6m27.8m25.9m21.1m31.5m25.8m26.5m36.7m36.9m

Gross profit

53.7m50.0m59.7m63.7m61.1m70.0m75.9m71.7m94.8m103.8m99.8m

Gross profit Margin, %

68%73%72%70%70%77%71%74%78%74%73%
Annual
usdY, 2012Y, 2013Y, 2014FY, 2015FY, 2016FY, 2017

Cash

9.5m31.3m43.3m31.4m40.4m113.1m

Accounts Receivable

7.9m

Inventories

4.6m1.8m2.7m

Current Assets

72.9m91.2m177.0m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

28.5m38.3m55.7m66.0m60.2m78.5m93.3m127.1m147.8m572.7m

Accounts Receivable

9.7m10.6m

Inventories

2.8m1.5m893.0k759.0k1.3m1.4m550.0k4.1m3.2m6.1m

Current Assets

59.8m68.8m88.4m103.1m99.6m117.4m135.6m181.5m200.7m665.5m
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

38.1m71.2m55.6m

Depreciation and Amortization

32.2m31.5m31.8m

Inventories

(1.5m)2.8m(890.0k)

Accounts Payable

263.0k7.4m4.2m
Quarterly
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Planet Fitness Operating Metrics

FY, 2015FY, 2016

Members

7.30 m8.90 m

Stores

1.12 k1.31 k
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Planet Fitness Revenue Breakdown

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Planet Fitness revenue breakdown by business segment: 30.8% from Franchise, 27.7% from Corporate-owned Stores and 41.5% from Equipment

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Planet Fitness Online and Social Media Presence

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Planet Fitness News and Updates

Planet Fitness to open "Judgement Free" Club in Natchez

NATCHEZ, Miss., Jan. 24, 2019 /PRNewswire/ -- Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S. and home of the Judgement Free Zone®, today announced it will open its first location in Natchez, MS in Natchez Mall at 350 John R...

Planet Fitness to Open "Judgement Free" Club in Mount Pleasant

MOUNT PLEASANT, Pa., Jan. 4, 2019 /PRNewswire/ -- Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S. and home of the Judgement Free Zone®, today announced it will open its first location in Mount Pleasant, at 123 Crossroads Rd...

Planet Fitness Kicks Off 2019 By "Getting Down" With Actor And Comedian J.B. Smoove

HAMPTON, N.H., Dec. 27, 2018 /PRNewswire/ -- Planet Fitness, Inc., one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., today announced that actor and comedian J.B. Smoove will headline the Company's new creative campaign, "Get Down With Your...

Planet Fitness Abilene Hosts Open House to Showcase New Equipment

ABILENE, Texas, Dec. 11, 2018 /PRNewswire/ -- Planet Fitness Abilene is reopening its doors after upgrading the facility and outfitting the club with new equipment. The club is celebrating the renovation with a ribbon cutting ceremony on December 13th at 4 p.m. and a $2,500 donation to...

Fitness Equipment and Indoor Sports Centers Market – A comprehensive study by Key Players: Planet Fitness, Equinox, Lifetime Fitness, Gold's Gym, EOS Fitness, Club Fitness

HTF MI recently introduced Global Fitness Equipment and Indoor Sports Centers Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. Po…

Planet Fitness to Open "Judgement Free" Club in Phoenix

PHOENIX, Dec. 7, 2018 /PRNewswire/ -- Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S. and home of the Judgement Free Zone®, today announced it will open a new Phoenix location in Moon Valley, at 8921 North 7th Street in the...
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Planet Fitness Company Life and Culture

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Planet Fitness Frequently Asked Questions

  • When was Planet Fitness founded?

    Planet Fitness was founded in 1992.

  • Who are Planet Fitness key executives?

    Planet Fitness's key executives are Chris Rondeau, Roger Chacko and Craig Miller.

  • What is Planet Fitness revenue?

    Latest Planet Fitness annual revenue is $429.9 m.

  • Who are Planet Fitness competitors?

    Competitors of Planet Fitness include ClassPass, HealthifyMe and Hims.

  • Where is Planet Fitness headquarters?

    Planet Fitness headquarters is located at 26 Fox Run Rd, Newington.

  • Where are Planet Fitness offices?

    Planet Fitness has an office in Newington.

  • How many offices does Planet Fitness have?

    Planet Fitness has 1 office.