For the year ending 2025-12-31, PLNT had $62,282K increase in cash & cash equivalents over the period. $254,751K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 220,264 |
| Depreciation and amortization | 155,785 |
| Equity-based compensation | 12,333 |
| Deferred tax expense | 63,876 |
| Amortization of deferred financing costs | 5,362 |
| Loss on extinguishment of debt | -1,731 |
| Accretion of marketable securities discount | 1,337 |
| Losses from equity-method investments, net of tax | -2,840 |
| Dividends accrued on held-to-maturity investment | 2,337 |
| Credit loss on held-to-maturity investment | 5,590 |
| Loss (gain) on re-measurement of tax benefit arrangement liability | -2,431 |
| Gain on sale of corporate-owned clubs | 6,443 |
| Gain on insurance proceeds | 1,461 |
| Other | -154 |
| Accounts receivable | -7,226 |
| Inventory | 1,377 |
| Other assets and other current assets | 15,927 |
| Accounts payable and accrued expenses | 6,932 |
| Other liabilities and other current liabilities | 18 |
| Income taxes | 498 |
| Paymentspursuanttotaxbenefitarrangements | -54,288 |
| Equipment deposits | 8,293 |
| Deferred revenue | -3,327 |
| Leases | 11,585 |
| Net cash provided by operating activities | 418,421 |
| Additions to property and equipment | 163,670 |
| Insurance proceeds for property and equipment | 2,053 |
| Payment of consideration for acquired clubs | 3,082 |
| Proceeds from sale of corporate-owned clubs | 21,626 |
| Purchases of marketable securities | 156,141 |
| Maturities of marketable securities | 141,577 |
| Issuance of note receivable, related party | 2,639 |
| Other investments | -112 |
| Net cash used in investing activities | -160,164 |
| Proceeds from issuance of long-term debt | 750,000 |
| Repayment of long-term debt | 431,562 |
| Payment of deferred financing and other debt-related costs | 13,806 |
| Repurchase and retirement of class a common stock | 500,373 |
| Proceeds from issuance of class a common stock | 1,852 |
| Principal payments on capital lease obligations | 149 |
| Payment of share repurchase excise tax | 2,549 |
| Distributions to members of pla-fit holdings | 1,508 |
| Net cash used in financing activities | -198,095 |
| Effects of exchange rate changes on cash and cash equivalents | 2,120 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 62,282 |
| Cash, cash equivalents and restricted cash, beginning of period | 349,674 |
| Cash, cash equivalents and restricted cash, end of period | 411,956 |
Planet Fitness, Inc. (PLNT)
Planet Fitness, Inc. (PLNT)