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Planet Fitness Reports Q1 2023 Net Income of $24.8 Million

Planet Fitness Reports Q1 2023 Net Income of $24.8 Million

Q1 2023 Revenue for Planet Fitness Surpasses $222 Million

By USInMinutes
Published - Aug 03, 2023, 10:51 AM ET
Last Updated - Aug 03, 2023, 10:51 AM EDT

Planet Fitness, Inc.(PLNT) and subsidiaries have rel eased their condensed consolidated financial statements for the first quarter ended March 31, 2023. The report indicates significant financial performance, with both net income and revenue showing positive growth.

Net Income/Loss

During the first quarter of 2023, Planet Fitness reported a net income of $24.8 million. This marks a substantial increase from the same period last year, indicating a strong start to the fiscal year for the fitness industry giant.

Revenue

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