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Planet Fitness (PLNT) Operating Margin (2016 - 2026)

Planet Fitness filings provide 12 years of Operating Margin readings, the most recent being 28.17% for Q4 2025.

  • On a quarterly basis, Operating Margin fell 148602.0% to 28.17% in Q4 2025 year-over-year; TTM through Dec 2025 was 29.81%, a 846.0% decrease, with the full-year FY2025 number at 29.81%, up 237.0% from a year prior.
  • Operating Margin hit 28.17% in Q4 2025 for Planet Fitness, down from 32.41% 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 15.9% in Q4 2021.
  • Median Operating Margin over the past 5 years was 27.34% (2023), compared with a mean of 194.87%.
  • Biggest five-year swings in Operating Margin: soared 188196bps in 2023 and later tumbled -148602bps in 2025.
  • Planet Fitness' Operating Margin stood at 15.9% in 2021, then skyrocketed by 44bps to 22.89% in 2022, then surged by 8220bps to 1904.86% in 2023, then fell by -21bps to 1514.19% in 2024, then plummeted by -98bps to 28.17% in 2025.
  • The last three reported values for Operating Margin were 28.17% (Q4 2025), 32.41% (Q3 2025), and 30.04% (Q2 2025) per Business Quant data.