Planet Fitness (PLNT) Operating Margin (2014 - 2026)
Planet Fitness' (PLNT) quarterly Operating Margin came in at 29.26% in Q1 2026, up 63.0% YoY from 17.95% in Q1 2025, and up 3.85% on a QoQ basis from 28.17% in Q4 2025.
Planet Fitness (PLNT) Operating Margin (2014 - 2026) Analysis & Trends
Planet Fitness (PLNT) has 13 years of Operating Margin data on file, last reported at 29.26% in Q1 2026.
- Quarterly Operating Margin rose 63.0% year-over-year to 29.26% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 29.91% (down 864.0% YoY) and the FY2025 annual result came in at 29.81%, up 237.0% from the prior year.
- Operating Margin advanced to 29.26% in Q1 2026, from 28.17% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 1904.86% in Q4 2023 to a low of 22.89% in Q4 2022.
- A 5-year average of 225.07% and a median of 27.8% in 2024 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2023 — Operating Margin jumped 188196 bps — and 2025, when it sank 148602 bps.
- Tracing PLNT's Operating Margin over 5 years: stood at 22.89% in 2022, then soared by 8220 bps to 1904.86% in 2023, then retreated by 21 bps to 1514.19% in 2024, then slumped by 98 bps to 28.17% in 2025, then gained by 4 bps to 29.26% in 2026.
- The last three Operating Margin figures came in at 29.26% (Q1 2026), 28.17% (Q4 2025), and 32.41% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 18.61 Bn | 17.92 Bn | 1.17 Bn | 16.50% |
| 2 | Hasbro | 13.64 Bn | 12.26 Bn | 867.20 Mn | 22.16% |
| 3 | Life Time Group Holdings | 9.88 Bn | 9.65 Bn | 412.26 Mn | 17.29% |
| 4 | Acushnet Holdings | 5.40 Bn | 5.33 Bn | 445.83 Mn | 21.54% |
| 5 | Mattel | 4.25 Bn | 3.73 Bn | 542.12 Mn | 0.97% |
| 6 | Planet Fitness | 3.74 Bn | 3.34 Bn | 300.73 Mn | 33.90% |
| 7 | YETI Holdings | 3.58 Bn | 3.52 Bn | 322.52 Mn | 19.33% |
| 8 | Callaway Golf | 3.01 Bn | 2.73 Bn | 306.70 Mn | 18.75% |
| 9 | Onespaworld Holdings | 2.75 Bn | 2.70 Bn | 84.35 Mn | 9.38% |
| 10 | Peloton Interactive | 2.29 Bn | 1.08 Bn | 344.40 Mn | 13.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 33.90% |
| Mar 31, 2026 | 29.26% |
| Dec 31, 2025 | 28.17% |
| Sep 30, 2025 | 32.41% |
| Jun 30, 2025 | 30.04% |
| Mar 31, 2025 | 28.63% |
| Dec 31, 2024 | 1,514.19% |
| Sep 30, 2024 | 27.80% |
| Jun 30, 2024 | 29.04% |
| Mar 31, 2024 | 26.54% |
| Dec 31, 2023 | 1,904.86% |
| Sep 30, 2023 | 26.07% |
| Jun 30, 2023 | 26.88% |
| Mar 31, 2023 | 23.47% |
| Dec 31, 2022 | 22.89% |
| Sep 30, 2022 | 25.34% |
| Jun 30, 2022 | 24.55% |
| Mar 31, 2022 | 26.06% |
| Dec 31, 2021 | 15.90% |
| Sep 30, 2021 | 28.88% |