---
schema_version: "secwatch.filing_event.v1"
accession: "0001637207-23-000036"
form_type: "8-K"
ticker: "PLNT"
cik: "0001637207"
company_name: "Planet Fitness, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T08:30:59.735542+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Planet Fitness Q2 revenue up 27.6% to $286.5M, same store sales +8.7%, lowers FY store growth outlook

## Summary
- GAAP EPS $0.48 (diluted) vs $0.26 prior year; adjusted EPS $0.65 vs $0.37.
- Total revenue $286.5M, up 27.6% YoY; system-wide same store sales +8.7%.
- Opened 26 new stores in Q2, ending at 2,472 total stores system-wide.
- Lowered 2023 outlook to ~140 new franchisee store equipment placements (from prior higher forecast).
- Repurchased $100M of shares (1.4M shares) in Q2; cash and equivalents $418.9M.

## SEC filing metadata
- accession: 0001637207-23-000036
- form_type: 8-K
- ticker: PLNT
- cik: 0001637207
- company_name: Planet Fitness, Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637207/000163720723000036/0001637207-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637207/000163720723000036/plnt-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001637207-23-000036
- JSON: https://secwatch.observer/filing/0001637207-23-000036.json
- Plain text: https://secwatch.observer/filing/0001637207-23-000036.txt

## Key facts
- Earnings Releases
  Planet Fitness, Inc. reported second quarter ended June 30, 2023 results: revenue $286.5 million, net income $41.1 million, or $0.48 per diluted share, EPS $0.48 per diluted share. Guidance reaffirmed.
  - Period: second quarter ended June 30, 2023
  - Revenue: $286.5 million
  - Net income: $41.1 million, or $0.48 per diluted share
  - EPS: $0.48 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: quarter reflecting our strong balance sheet and confidence in the future.” Second Quarter Fiscal 2023 results • Total revenue increased from the prior year period by 27.6% to $286.5 million. • System-wide same store sales increased by 8.7%. • System-wide sales increased $128 million to $1,147 million, from $1,019 million in the prior year period. • Net income
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637207/000163720723000036/0001637207-23-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.