For the quarter ending 2025-09-30, PLNT had -$6,767K decrease in cash & cash equivalents over the period. $76,691K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 59,183 | 100,374 |
| Depreciation and amortization | 39,108 | 76,710 |
| Equity-based compensation expense | 2,994 | 6,138 |
| Deferred tax expense | 26,789 | 27,619 |
| Amortization of deferred financing costs | 1,336 | 2,639 |
| Loss on extinguishment of debt | 0 | 0 |
| Accretion of marketable securities discount | 272 | 837 |
| Losses from equity-method investments, net of tax | -572 | -1,433 |
| Dividends accrued on held-to-maturity investment | 594 | 1,139 |
| Credit loss on held-to-maturity investment | 486 | 4,603 |
| Gain on re-measurement of tax benefit arrangement liability | 475 | 1,294 |
| Gain on sale of corporate-owned clubs | 6,443 | - |
| Gain on insurance proceeds | 1 | 1,460 |
| Other | 360 | -210 |
| Accounts receivable | -2,737 | -4,747 |
| Inventory | 2,635 | -1,799 |
| Other assets and other current assets | -6,981 | 5,400 |
| Restricted assets - national advertising fund | 11,636 | -9,023 |
| Accounts payable and accrued expenses | -5,045 | 1,317 |
| Other liabilities and other current liabilities | 754 | -427 |
| Income taxes | -366 | -4,753 |
| Paymentspursuanttotaxbenefitarrangements | -38 | -52,740 |
| Equipment deposits | 3,315 | 6,009 |
| Deferred revenue | -9,908 | 13,770 |
| Leases | 1,713 | 7,599 |
| Net cash provided by operating activities | 131,467 | 177,894 |
| Additions to property and equipment | 54,776 | 58,801 |
| Insurance proceeds for property and equipment | 0 | 2,053 |
| Payment of deferred consideration for acquired clubs | -15 | 1,539 |
| Proceeds from sale of corporate-owned clubs | 21,626 | - |
| Purchases of marketable securities | 36,443 | 81,958 |
| Maturities of marketable securities | 34,355 | 71,954 |
| Issuance of note receivable, related party | 0 | 2,639 |
| Other investing activity | -144 | 32 |
| Net cash used in investing activities | -35,079 | -70,962 |
| Proceeds from issuance of long-term debt | 0 | 0 |
| Repayment of long-term debt | 5,625 | 11,250 |
| Payment of deferred financing and other debt-related costs | 0 | 0 |
| Proceeds from issuance of class a common stock | 301 | 1,177 |
| Repurchase and retirement of class a common stock | 97,941 | 52,085 |
| Principal payments on capital lease obligations | 42 | 51 |
| Payment of share repurchase excise tax | 0 | 2,549 |
| Distributions paid to members of pla-fit holdings | 190 | 1,331 |
| Net cash used in financing activities | -103,497 | -66,089 |
| Effects of exchange rate changes on cash and cash equivalents | 342 | 1,658 |
| Net increase in cash, cash equivalents and restricted cash | -6,767 | 42,501 |
| Cash and cash equivalents at beginning of period | 349,674 | - |
| Cash and cash equivalents at end of period | 385,408 | - |
Planet Fitness, Inc. (PLNT)
Planet Fitness, Inc. (PLNT)