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

3.2More
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 Marietta

MARIETTA, Ohio, Nov. 12, 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 its first location in Marietta, in Lafayette Center at 450 Pike...

Planet Fitness, Inc. Announces Third Quarter 2018 Results

HAMPTON, N.H., Nov. 6, 2018 /PRNewswire/ -- Today, Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its third quarter ended September 30, 2018. Third Quarter Fiscal 2018 Highlights Total revenue increased from the prior year period by 40.2% to $136.7 million. System-wide...

Planet Fitness to Open "Judgement Free" Club in Olathe

OLATHE, Kan., Nov. 6, 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 its first location in Olathe, at 13509 S Mur-len Rd in the spring...

Planet Fitness to Open "Judgement Free" Club in Gilbert

GILBERT, Ariz., Oct. 29, 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 its first location in Gilbert, at the Gilbert Warner Shopping...

Planet Fitness to Open "Judgement Free" Club in Flagstaff

FLAGSTAFF, Ariz., Oct. 29, 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 its first location in Flagstaff, at Flagstaff Mall near...

Planet Fitness, Inc. to Report Third Quarter 2018 Results on November 6, 2018

HAMPTON, N.H., Oct. 29, 2018 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company will report results for its third quarter ended September 30, 2018 after the market closes on Tuesday, November 6, 2018. The Company will discuss its financial...
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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.