Planet Fitness (NYSE:PLNT) reported fourth-quarter results that exceeded analyst forecasts and outlined its outlook for 2026, projecting roughly 9% revenue growth for the year ahead. Despite the earnings beat, shares dropped more than 7% in premarket trading Tuesday.
Adjusted earnings per share for the quarter came in at $0.83, ahead of the $0.78 consensus estimate. Revenue reached $376.26 million, surpassing expectations of $366.72 million.
System-wide same-club sales increased 5.7%, while total system-wide sales rose to $1.3 billion from $1.2 billion in the same period last year. Adjusted EBITDA climbed to $146.3 million, up from $130.8 million a year earlier, reflecting a $15.4 million improvement year over year.
For the full year, Planet Fitness reported adjusted EPS of $3.07, with revenue rising 12.1% to $1.3 billion. Adjusted EBITDA increased to $551.6 million, compared with $487.7 million in the prior year, representing a gain of $63.9 million.
Looking ahead, the company expects revenue to grow approximately 9% in 2026, alongside adjusted EBITDA growth of about 10%. Adjusted net income is forecast to increase between 4% and 5%.
Planet Fitness also anticipates adjusted diluted EPS growth of 9% to 10%, based on roughly 80.0 million adjusted diluted weighted-average shares outstanding, including the effects of planned share repurchases.
System-wide same-club sales are expected to grow in the 4% to 5% range during 2026.