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Planet Fitness revenue
Planet Fitness's revenue is $1.2 billion.
What is Planet Fitness's revenue?
- Planet Fitness's revenue growth from 2014 to 2024 is 322.36%.
- Planet Fitness has 1,616 employees, and the revenue per employee ratio is $731,221.
- Planet Fitness's peak quarterly revenue was $340.4M in 2024(q4).
- Planet Fitness peak revenue was $1.2B in 2024.
- Planet Fitness annual revenue for 2023 was 1.1B, 14.36% growth from 2022.
- Planet Fitness annual revenue for 2024 was 1.2B, 10.3% growth from 2023.
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Planet Fitness historical revenue
Planet Fitness's peak revenue was $1.2B in 2024. The peak quarterly revenue was $340.4M in 2024(q4).
Planet Fitness's revenue increased from $279.8m in 2014 to $1.2B currently. That's a 322.36% change in annual revenue.
Planet Fitness annual revenue
Planet Fitness annual revenue over time
| Fiscal year / year | Planet Fitness revenue |
|---|---|
| 2014 | $279.8M |
| 2015 | $330.5M |
| 2016 | $378.2M |
| 2017 | $429.9M |
| 2018 | $572.9M |
| 2019 | $688.8M |
| 2020 | $406.6M |
| 2021 | $587.0M |
| 2022 | $936.8M |
| 2023 | $1.1B |
| 2024 | $1.2B |
How accurately did Planet Fitness' revenue projections match actual performance?
Planet Fitness annual growth
Planet Fitness saw the greatest revenue growth in 2022, when revenue increased by 59.58%.
Planet Fitness had the lowest revenue growth in 2020, when revenue changed by -40.97%.
Planet Fitness annual growth rate over time
| Year | Planet Fitness growth |
|---|---|
| 2015 | 18%↑ |
| 2016 | 14%↑ |
| 2017 | 14%↑ |
| 2018 | 33%↑ |
| 2019 | 20%↑ |
| 2020 | -41%↓ |
| 2021 | 44%↑ |
| 2022 | 60%↑ |
| 2023 | 14%↑ |
| 2024 | 10%↑ |
Planet Fitness quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Planet Fitness quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2015 | - | - | $68.8M | $105.8M |
| 2016 | $83.3M | $91.5M | $87.0M | $116.4M |
| 2017 | $91.1M | $107.3M | $97.5M | $134.0M |
| 2018 | $121.3M | $140.6M | $136.7M | $174.4M |
| 2019 | $148.8M | $181.7M | $166.8M | $191.5M |
| 2020 | $127.2M | $40.2M | $105.4M | $133.8M |
| 2021 | $111.9M | $137.3M | $154.3M | $183.6M |
| 2022 | $186.7M | $224.4M | $244.4M | $281.3M |
| 2023 | $222.2M | $286.5M | $277.6M | $285.1M |
| 2024 | $248.0M | $300.9M | $292.2M | $340.5M |
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Did Planet Fitness meet its revenue projections?
Planet Fitness financial information
| CEO | Christopher J. Rondeau |
| Industry | Consumer Discretionary |
| Company Type | Public |
| Employees Number | 1,616 |
| Date Founded | 1992 |
| Headquarters | Hampton, New Hampshire |
| Number of Locations | 6 |
| Revenue | $1.2B |
| Net Income | $99,402,000 |
| Gross Proft | $694.0M (2024) |
| EBITDA | $477.8M (2024) |
| PE Ratio | 31.58 |
| Tax Rate | 0.3% |
| Market Capitalization | $5.4B |
| Total Assets | $2,854,589,000 |
| Ticker | PLNT |
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Planet Fitness financing
Planet Fitness received early financing of $550.0M on 2019-11-20.
| Series | Round size | Date |
|---|---|---|
| Post Ipo Debt | $550M | 11/2019 |
Planet Fitness investors
| Investors | Security type |
|---|---|
| Atlantic Street Capital | Post-IPO Equity - Planet Fitness |
Planet Fitness competitors
Planet Fitness's top competitor, LA Fitness, earned an annual revenue of $2.1B.
Planet Fitness's smallest competitor is Fitness For 10 with revenue of $320.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| LA Fitness | $26,931 | $2.1B | 13,387 | 1 |
| Gold's Gym | $27,269 | $580.0M | 2,000 | 898 |
| FITNESS 19 | $30,442 | - | 31 | - |
| Snap Fitness | $29,660 | $20.0M | 2,615 | 168 |
| Anytime Fitness | $29,603 | $1.5B | 10,767 | 756 |
| Capital Fitness, Inc. | $35,817 | - | - | - |
| Nordstrom | $33,810 | $15.0B | 74,000 | 962 |
| Walgreens | $31,612 | - | 210,500 | 19,940 |
| YouFit Health Clubs | $27,135 | $65.0M | 3,000 | 80 |
| Blink Fitness | $27,848 | $21.0M | 3,000 | 3 |
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Zippia gives an in-depth look into the details of Planet Fitness, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Planet Fitness. The employee data is based on information from people who have self-reported their past or current employments at Planet Fitness. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Planet Fitness. The data presented on this page does not represent the view of Planet Fitness and its employees or that of Zippia.
Planet Fitness may also be known as or be related to Planet Fitness, Planet Fitness Franchising, LLC, Planet Fitness Inc and Planet Fitness, Inc.