Planet Fitness (PLNT) Operating Leases (2019 - 2026)
Planet Fitness (PLNT) recorded Operating Leases of $415.57 million in Q2 2026, down 4.0% from $432.95 million a year earlier but up 2.1% from the prior quarter.
Planet Fitness (PLNT) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Planet Fitness reported Operating Leases of $419.12 million, up 3.4% from FY2024.
- Annual Operating Leases has increased for six straight years, with a five-year compound annual growth rate of 20.1% (FY2020 to FY2025).
- Across earlier years, Operating Leases came in at $405.32 million in FY2024 (+6.2%), $381.59 million in FY2023 (+11.6%), $341.84 million in FY2022 (+72.9%) and $197.68 million in FY2021 (+17.7%).
- Quarterly Operating Leases has ranged from $183.94 million in Q3 2021 to $433.15 million in Q1 2025 over the past five years.
- On a year-over-year basis, Operating Leases rose in six of the last eight quarters, with growth averaging 3.5%.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 108.4% in Q1 2022, against a decline of 6.0% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $406.98 million (Q1 2026), $419.12 million (Q4 2025) and $417.62 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn |
| 10 | Planet Fitness | 3.82 Bn | 2.05 Bn | 300.73 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 415.57 Mn |
| Mar 31, 2026 | 406.98 Mn |
| Dec 31, 2025 | 419.12 Mn |
| Sep 30, 2025 | 417.62 Mn |
| Jun 30, 2025 | 432.95 Mn |
| Mar 31, 2025 | 433.15 Mn |
| Dec 31, 2024 | 405.32 Mn |
| Sep 30, 2024 | 408.59 Mn |
| Jun 30, 2024 | 401.41 Mn |
| Mar 31, 2024 | 390.40 Mn |
| Dec 31, 2023 | 381.59 Mn |
| Sep 30, 2023 | 379.81 Mn |
| Jun 30, 2023 | 346.90 Mn |
| Mar 31, 2023 | 336.02 Mn |
| Dec 31, 2022 | 341.84 Mn |
| Sep 30, 2022 | 341.96 Mn |
| Jun 30, 2022 | 351.46 Mn |
| Mar 31, 2022 | 346.70 Mn |
| Dec 31, 2021 | 197.68 Mn |
| Sep 30, 2021 | 183.94 Mn |
Planet Fitness Operating Leases 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=operating-leases&ticker=PLNT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=PLNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();