Planet Fitness (PLNT) Gross Margin (2014 - 2026)
Planet Fitness' Gross Margin came in at 82.34% for Q2 2026, down 0.23 percentage points from 82.57% a year earlier and down 4.21 percentage points from the prior quarter.
Planet Fitness (PLNT) Gross Margin (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Planet Fitness reported Gross Margin of 81.67%, down 1.68 percentage points year-over-year; for FY2025, it came in at 82.61%, down 0.71 percentage points from FY2024.
- Gross Margin carries a five-year change of +0.06 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 83.32% in FY2024 (+1.06 pp), 82.26% in FY2023 (+1.18 pp), 81.08% in FY2022 (-1.71 pp) and 82.80% in FY2021 (+0.25 pp).
- The five-year range for quarterly Gross Margin is 73.77% (Q4 2022) to 92.34% (Q1 2024).
- Year-over-year, Gross Margin has declined for seven consecutive quarters, with an average year-over-year change of -1.03 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2023 (a gain of 6.07 percentage points), and the weakest in Q4 2021 (a drop of 6.88 percentage points).
- Business Quant data shows PLNT's Gross Margin at 86.56% (Q1 2026), 76.02% (Q4 2025) and 82.40% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | 46.92% |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn | 39.60% |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 42.77% |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn | 38.21% |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn | 47.61% |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn | 40.87% |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 44.47% |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 74.64% |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn | 50.08% |
| 10 | Planet Fitness | 3.82 Bn | 2.05 Bn | 300.73 Mn | 82.34% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 82.34% |
| Mar 31, 2026 | 86.56% |
| Dec 31, 2025 | 76.02% |
| Sep 30, 2025 | 82.40% |
| Jun 30, 2025 | 82.57% |
| Mar 31, 2025 | 91.87% |
| Dec 31, 2024 | 76.36% |
| Sep 30, 2024 | 84.36% |
| Jun 30, 2024 | 82.74% |
| Mar 31, 2024 | 92.34% |
| Dec 31, 2023 | 79.84% |
| Sep 30, 2023 | 80.63% |
| Jun 30, 2023 | 79.24% |
| Mar 31, 2023 | 91.29% |
| Dec 31, 2022 | 73.77% |
| Sep 30, 2022 | 80.14% |
| Jun 30, 2022 | 85.50% |
| Mar 31, 2022 | 88.02% |
| Dec 31, 2021 | 74.18% |
| Sep 30, 2021 | 82.43% |
Planet Fitness Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=PLNT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PLNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PLNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();