For the quarter ending 2026-03-31, PLNT had $44,540K increase in cash & cash equivalents over the period. $122,020K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Loss on extinguishment of debt | - | -1,731 | 0 | 0 |
| Net income | 51,796 | 60,707 | 59,183 | 100,374 |
| Depreciation and amortization | 40,251 | 39,967 | 39,108 | 76,710 |
| Equity-based compensation expense | 2,981 | 3,201 | 2,994 | 6,138 |
| Deferred tax expense | 11,841 | 9,468 | 26,789 | 27,619 |
| Amortization of deferred financing costs | 1,536 | 1,387 | 1,336 | 2,639 |
| Accretion of marketable securities discount | 131 | 228 | 272 | 837 |
| Losses from equity-method investments, net of tax | -874 | -835 | -572 | -1,433 |
| Dividends accrued on held-to-maturity investment | 603 | 604 | 594 | 1,139 |
| Credit loss on held-to-maturity investment | 502 | 501 | 486 | 4,603 |
| Gain on re-measurement of tax benefit arrangement liability | 0 | -4,200 | 475 | 1,294 |
| Gain on sale of corporate-owned clubs | - | 0 | 6,443 | - |
| Gain on insurance proceeds | 0 | 0 | 1 | 1,460 |
| Other | 697 | -304 | 360 | -210 |
| Accounts receivable | -29,404 | 258 | -2,737 | -4,747 |
| Inventory | -2,811 | 541 | 2,635 | -1,799 |
| Other assets and other current assets | -1,603 | 17,508 | -6,981 | 5,400 |
| Restricted assets - national advertising fund | -17,993 | - | 11,636 | -9,023 |
| Accounts payable and accrued expenses | -12,337 | 10,660 | -5,045 | 1,317 |
| Other liabilities and other current liabilities | -724 | -309 | 754 | -427 |
| Income taxes | 6,661 | 5,617 | -366 | -4,753 |
| Paymentspursuanttotaxbenefitarrangements | -10 | -1,510 | -38 | -52,740 |
| Equipment deposits | -2,751 | -1,031 | 3,315 | 6,009 |
| Deferred revenue | 27,298 | -7,189 | -9,908 | 13,770 |
| Leases | 2,596 | 2,273 | 1,713 | 7,599 |
| Net cash provided by operating activities | 147,521 | 109,060 | 131,467 | 177,894 |
| Additions to property and equipment | 25,501 | 50,093 | 54,776 | 58,801 |
| Insurance proceeds for property and equipment | 0 | 0 | 0 | 2,053 |
| Payment of deferred consideration for acquired clubs | 0 | 1,558 | -15 | 1,539 |
| Proceeds from sale of corporate-owned clubs | - | 0 | 21,626 | - |
| Purchases of marketable securities | 36,395 | 37,740 | 36,443 | 81,958 |
| Maturities of marketable securities | 35,340 | 35,268 | 34,355 | 71,954 |
| Issuance of promissory notes to related parties | 20,647 | 0 | 0 | 2,639 |
| Other investing activities | 0 | 0 | -144 | 32 |
| Net cash used in investing activities | -47,203 | -54,123 | -35,079 | -70,962 |
| Proceeds from issuance of long-term debt | - | 750,000 | 0 | 0 |
| Repayment of long-term debt | 4,563 | 414,687 | 5,625 | 11,250 |
| Payments of financing costs | 141 | 13,806 | 0 | 0 |
| Proceeds from issuance of class a common stock | 613 | 374 | 301 | 1,177 |
| Repurchase and retirement of class a common stock | 51,105 | 350,347 | 97,941 | 52,085 |
| Principal payments on capital lease obligations | 45 | 56 | 42 | 51 |
| Payment of share repurchase excise tax | - | 0 | 0 | 2,549 |
| Distributions paid to members of pla-fit holdings | 365 | -13 | 190 | 1,331 |
| Net cash used in financing activities | -55,606 | -28,509 | -103,497 | -66,089 |
| Effects of exchange rate changes on cash and cash equivalents | -172 | 120 | 342 | 1,658 |
| Net increase in cash, cash equivalents and restricted cash | 44,540 | 26,548 | -6,767 | 42,501 |
| Cash, cash equivalents and restricted cash, beginning of period | 411,956 | 385,408 | 349,674 | - |
| Cash, cash equivalents and restricted cash, end of period | 456,496 | 411,956 | 385,408 | - |
Planet Fitness, Inc. (PLNT)
Planet Fitness, Inc. (PLNT)