Planet Fitness (PLNT) Operating Margin (2014 - 2026)
Planet Fitness' (PLNT) quarterly Operating Margin came in at 33.9% in Q2 2026, up 386.0% on a YoY basis from 6.98% in Q2 2025, and up 15.87% quarter-over-quarter from 29.26% in Q1 2026.
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Analysis
Planet Fitness (PLNT) Operating Margin (2014 - 2026) Analysis & Trends
Planet Fitness (PLNT) has reported Operating Margin for 13 consecutive years, with 33.9% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 386.0% year-over-year to 33.9%; the trailing twelve-month figure through Jun 2026 stood at 30.91% (down 759.0% YoY), and the FY2025 full-year result was 29.81%, up 237.0% from the prior year.
- Operating Margin grew to 33.9% in Q2 2026 per PLNT's latest filing, from 29.26% in the prior quarter.
- Across five years, Operating Margin topped out at 1904.86% in Q4 2023 and bottomed at 22.89% in Q4 2022.
- Historically, Operating Margin has averaged 214.45% across 5 years, with a median of 27.99% in 2025.
- The sharpest annual moves came in 2023 and 2025: Operating Margin surged 188196 bps in 2023, then slumped 148602 bps in 2025.
- Over 5 years, Operating Margin stood at 22.89% in 2022, then surged by 8220 bps to 1904.86% in 2023, then slipped by 21 bps to 1514.19% in 2024, then plunged by 98 bps to 28.17% in 2025, then increased by 20 bps to 33.9% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 33.9%, 29.26%, and 28.17% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.40 Bn | 22.34 Bn | 1.81 Bn | 19.59% |
| 2 | DraftKings | 18.89 Bn | 17.90 Bn | 551.45 Mn | -4.72% |
| 3 | Flutter Entertainment | 14.91 Bn | 13.72 Bn | 1.71 Bn | -3.33% |
| 4 | MGM Resorts International | 9.52 Bn | 7.83 Bn | 3.10 Bn | 11.32% |
| 5 | Madison Square Garden Sports | 9.51 Bn | 9.35 Bn | 119.21 Mn | 11.53% |
| 6 | Life Time Group Holdings | 8.86 Bn | 8.63 Bn | 412.26 Mn | 17.29% |
| 7 | Wynn Resorts | 8.42 Bn | 6.11 Bn | 1.14 Bn | 16.03% |
| 8 | Super Group (SGHC) | 6.08 Bn | 5.53 Bn | - | - |
| 9 | Caesars Entertainment | 6.03 Bn | 5.15 Bn | 2.04 Bn | 17.14% |
| 10 | Planet Fitness | 3.08 Bn | 2.68 Bn | 300.73 Mn | 33.90% |
Historic Data
Download Data
Historic 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% |
API Access
Planet Fitness Operating 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=operating-margin&ticker=PLNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=PLNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();