Planet Fitness (PLNT) Operating Margin (2014 - 2026)

Planet Fitness has reported Operating Margin for 13 years, with the latest figure at 29.26% in Q1 2026.

• For the quarter ending Q1 2026, Operating Margin rose 63.0% year-over-year to 29.26%; the trailing twelve-month figure through Mar 2026 stood at 29.91% (down 864.0% YoY), and the FY2025 full-year result was 29.81%, up 237.0% from the prior year.
• Operating Margin for Q1 2026 stood at 29.26%, up from 28.17% in the prior quarter.
• The five-year high for Operating Margin was 1904.86% in Q4 2023, with the low at 22.89% in Q4 2022.
• Historically, Operating Margin has averaged 225.07% across 5 years, with a median of 27.8% in 2024.
• Annual changes were most pronounced in 2023 — Operating Margin jumped 188196 bps — and 2025, when it sank 148602 bps.
• Planet Fitness' Operating Margin 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.