Is Planet Fitness public?

Yes. Planet Fitness trades on the NYSE under PLNT.

When did Planet Fitness IPO?

Planet Fitness went public in 2015.

What is the seller signal?

Map corporate versus franchise budgets, and connect value to member acquisition, retention, equipment, analytics, and club operations.

Planet Fitness

How much has Planet Fitness raised?

Q: Is Planet Fitness profitable?

Yes. It reported Q1 2026 net income of $51.8 million.

Planet Fitness is not a venture-round story in 2026. It went public in 2015 and now funds growth through public-company cash flow, debt/securitization structures, equipment programs, and franchisee capital.

Total raised: Public; IPO/debt history
Disclosed rounds: IPO plus financings
Latest round: Public debt/capital markets
Latest valuation: Public market cap
First raised: Pre-IPO private ownership
Notable backer: Public shareholders

Planet Fitness' capital history

The company moved from private/franchise growth to IPO, then to a public franchisor capital structure.

1992-2014Private and franchise-funded expansionClub growth is funded through company investment and franchisee capital.
2015IPOPlanet Fitness lists on the NYSE under PLNT.
2010s-2020sSecuritized/franchise capital structurePublic filings emphasize debt, refinancing, franchisee financing, and tax receivable agreements.
20252,896 clubs and 20.8M membersScale supports recurring royalties and equipment revenue.
Q1 2026$337.2M revenueRevenue grows 21.9% year over year with $139.9M adjusted EBITDA.

Sources:Planet Fitness SEC filings Planet Fitness Q1 2026 results

How much has Planet Fitness raised in total?

A VC-style funding total is not the right measure. Planet Fitness is public, uses debt and franchising economics, and relies on franchisee capital for most club-level expansion.

Who are Planet Fitness' investors?

Current investors are public shareholders and debt holders. The practical capital stakeholders also include franchisees, whose site economics determine how fast the system can grow.

Why did the valuation move?

Planet Fitness' valuation moves with member growth, same-club sales, franchisee health, club openings, pricing power, and leverage. In 2026, weaker signups and guidance changes were key investor concerns despite strong Q1 revenue.

Is Planet Fitness profitable, and will it IPO?

Planet Fitness is already public and profitable. It reported Q1 2026 net income of $51.8 million and adjusted EBITDA of $139.9 million.

What does Planet Fitness' funding mean if you sell into them?

Corporate budgets favor systems that improve member acquisition, retention, franchisee operations, digital engagement, equipment lifecycle, payments, and analytics. Franchise-level selling requires a separate channel strategy.

As of June 2026.Sources:Planet Fitness SEC filings Planet Fitness Q1 2026 results Planet Fitness CFO transition release

Planet Fitness — frequently asked questions

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