PLANET FITNESS, INC. (PLNT) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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PLANET FITNESS, INC. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $119,200,000.00Depreciation and amortization → Operating adjustments reconciliation: $80,394,000.00Deferred tax expense → Operating adjustments reconciliation: $29,875,000.00Deferred revenue → Operating adjustments reconciliation: $22,927,000.00Equity-based compensation expense → Operating adjustments reconciliation: $6,270,000.00Leases → Operating adjustments reconciliation: $5,423,000.00Accounts receivable → Operating adjustments reconciliation: $5,336,000.00Amortization of deferred financing costs → Operating adjustments reconciliation: $2,919,000.00Other assets and other current assets → Operating adjustments reconciliation: $2,370,000.00Income taxes → Operating adjustments reconciliation: $1,498,000.00Losses from equity-method investments, net of tax → Operating adjustments reconciliation: $1,086,000.00Credit loss on held-to-maturity investment → Operating adjustments reconciliation: $1,023,000.00Other liabilities and other current liabilities → Operating adjustments reconciliation: $68,000.00Operating adjustments reconciliation → Net cash from operating activities: $74,249,000.00Operating adjustments reconciliation → Payments pursuant to tax benefit arrangements: $54,424,000.00Operating adjustments reconciliation → Gain on sale of equity-method investment: $12,541,000.00Operating adjustments reconciliation → Restricted assets - national advertising fund: $9,556,000.00Operating adjustments reconciliation → Equipment deposits: $2,854,000.00Operating adjustments reconciliation → Other: $1,652,000.00Operating adjustments reconciliation → Inventory: $1,598,000.00Operating adjustments reconciliation → Dividends accrued on held-to-maturity investment: $1,221,000.00Operating adjustments reconciliation → Accounts payable and accrued expenses: $894,000.00Operating adjustments reconciliation → Accretion of marketable securities discount: $200,000.00Maturities of marketable securities → investing reconciliation: $62,509,000.00Proceeds from sale of equity-method investment → investing reconciliation: $24,264,000.00investing reconciliation → Additions to property and equipment: $67,425,000.00investing reconciliation → Purchases of marketable securities: $41,252,000.00investing reconciliation → Issuance of note receivable, related party: $20,647,000.00investing reconciliation → Other investing activity: $37,000.00Net cash used in financing activities → financing reconciliation: $191,450,000.00Proceeds from issuance of Variable Funding Notes → financing reconciliation: $75,000,000.00Proceeds from issuance of Class A common stock → financing reconciliation: $856,000.00financing reconciliation → Repurchase and retirement of Class A common stock: $251,254,000.00financing reconciliation → Repayment of long-term debt: $11,000,000.00financing reconciliation → Payment of share repurchase excise tax: $4,152,000.00financing reconciliation → Distributions paid to members of Pla-Fit Holdings: $659,000.00financing reconciliation → Payment of deferred financing and other debt-related costs: $141,000.00financing reconciliation → Principal payments on capital lease obligations: $100,000.00Net cash used in investing activities → investing reconciliation: $42,588,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $411,956,000.00Net cash from operating activities → Cash sources and uses: $193,449,000.00Cash sources and uses → Exchange-rate effect: $157,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $371,210,000.00Cash sources and uses → Net cash used in investing activities: $42,588,000.00Cash sources and uses → Net cash used in financing activities: $191,450,000.00Other liabilities and other current liabilities: $68,000.00Other current liabilities+$68.00 KEquity-based compensation expense: $6,270,000.00Stock-based compensation+$6.27 MLeases: $5,423,000.00Operating lease liabilities+$5.42 MRestricted assets - national advertising fund: -$9,556,000.00Restricted advertising fund−$9.56 MDeferred revenue: $22,927,000.00Deferred revenue+$22.93 MPayments pursuant to tax benefit arrangements: -$54,424,000.00Related party payables−$54.42 MGain on re-measurement of tax benefit arrangement liability: $0.00Amortization of deferred financing costs: $2,919,000.00Debt issuance cost amortization+$2.92 MDeferred tax expense: $29,875,000.00Deferred income taxes+$29.88 MOther assets and other current assets: $2,370,000.00Other current assets+$2.37 MAccretion of marketable securities discount: -$200,000.00Investment discount & premium−$200.00 KDepreciation and amortization: $80,394,000.00Depreciation & amortization+$80.39 MOther: -$1,652,000.00Other non-cash items−$1.65 MAccounts receivable: $5,336,000.00Accounts receivable+$5.34 MCredit loss on held-to-maturity investment: $1,023,000.00HTM investment credit loss+$1.02 MDividends accrued on held-to-maturity investment: -$1,221,000.00HTM investment dividends−$1.22 MInventory: -$1,598,000.00Inventories−$1.60 MEquipment deposits: -$2,854,000.00Equipment deposits−$2.85 MNet income: $119,200,000.00Net income+$119.20 MLosses from equity-method investments, net of tax: $1,086,000.00Equity-method results+$1.09 MAccounts payable and accrued expenses: -$894,000.00Payables & accrued liabilities−$894.00 KIncome taxes: $1,498,000.00Income taxes payable+$1.50 MGain on insurance proceeds: $0.00Gain on sale of equity-method investment: -$12,541,000.00Equity-method sale gain & loss−$12.54 MNet cash from operating activities: $193,449,000.00Operating cash+$193.45 MOperating adjustments reconciliation: $159,189,000.00Repurchase and retirement of Class A common stock: -$251,254,000.00Common stock repurchases−$251.25 MDistributions paid to members of Pla-Fit Holdings: -$659,000.00Capital distributions−$659.00 KRepayment of long-term debt: -$11,000,000.00Long-term debt repaid−$11.00 MPayment of deferred financing and other debt-related costs: -$141,000.00Financing costs paid−$141.00 KProceeds from issuance of Class A common stock: $856,000.00Common stock issued+$856.00 KPrincipal payments on capital lease obligations: -$100,000.00Finance lease payments−$100.00 KPayment of share repurchase excise tax: -$4,152,000.00Stock buyback excise tax paid−$4.15 MProceeds from issuance of Variable Funding Notes: $75,000,000.00Debt issued+$75.00 MNet cash used in financing activities: -$191,450,000.00. Cash required to fund net payments.Financing cash−$191.45 Mfinancing reconciliation: $267,306,000.00Additions to property and equipment: -$67,425,000.00PP&E purchases−$67.43 MInsurance proceeds for property and equipment: $0.00Payment of deferred consideration for acquired clubs: $0.00Purchases of marketable securities: -$41,252,000.00Marketable securities purchases−$41.25 MMaturities of marketable securities: $62,509,000.00Marketable securities proceeds+$62.51 MOther investing activity: -$37,000.00Other investing, net−$37.00 KIssuance of note receivable, related party: -$20,647,000.00Related-party notes issued−$20.65 MProceeds from sale of equity-method investment: $24,264,000.00Equity-method investment sales+$24.26 MNet cash used in investing activities: -$42,588,000.00. Cash required to fund net payments.Investing cash−$42.59 Minvesting reconciliation: $129,361,000.00Cash sources and uses: $605,405,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $411,956,000.00Beginning cash$411.96 MEnding cash: Cash, cash equivalents, and restricted cash: $371,210,000.00Ending cash$371.21 MExchange-rate effect: -$157,000.00FX effect−$157.00 KCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$126.02 MOperating cash − cash spent on PP&ECash flow / Net income1.62×Operating cash flow ÷ net incomeNet cash change−$40.75 MEnding cash − beginning cash
Chart details

PLANET FITNESS, INC. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
411,956,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
193,449,000 US dollars. Net cash provided.
Other liabilities and other current liabilities
68,000 US dollars
Equity-based compensation expense
6,270,000 US dollars
Leases
5,423,000 US dollars
Restricted assets - national advertising fund
negative 9,556,000 US dollars
Deferred revenue
22,927,000 US dollars
Payments pursuant to tax benefit arrangements
negative 54,424,000 US dollars
Gain on re-measurement of tax benefit arrangement liability
0 US dollars
Amortization of deferred financing costs
2,919,000 US dollars
Deferred tax expense
29,875,000 US dollars
Other assets and other current assets
2,370,000 US dollars
Accretion of marketable securities discount
negative 200,000 US dollars
Depreciation and amortization
80,394,000 US dollars
Other
negative 1,652,000 US dollars
Accounts receivable
5,336,000 US dollars
Credit loss on held-to-maturity investment
1,023,000 US dollars
Dividends accrued on held-to-maturity investment
negative 1,221,000 US dollars
Inventory
negative 1,598,000 US dollars
Equipment deposits
negative 2,854,000 US dollars
Net income
119,200,000 US dollars
Losses from equity-method investments, net of tax
1,086,000 US dollars
Accounts payable and accrued expenses
negative 894,000 US dollars
Income taxes
1,498,000 US dollars
Gain on insurance proceeds
0 US dollars
Gain on sale of equity-method investment
negative 12,541,000 US dollars
Investing activities
negative 42,588,000 US dollars. Net cash used.
Additions to property and equipment
negative 67,425,000 US dollars
Insurance proceeds for property and equipment
0 US dollars
Payment of deferred consideration for acquired clubs
0 US dollars
Purchases of marketable securities
negative 41,252,000 US dollars
Maturities of marketable securities
62,509,000 US dollars
Other investing activity
negative 37,000 US dollars
Issuance of note receivable, related party
negative 20,647,000 US dollars
Proceeds from sale of equity-method investment
24,264,000 US dollars
Financing activities
negative 191,450,000 US dollars. Net cash used.
Repurchase and retirement of Class A common stock
negative 251,254,000 US dollars
Distributions paid to members of Pla-Fit Holdings
negative 659,000 US dollars
Repayment of long-term debt
negative 11,000,000 US dollars
Payment of deferred financing and other debt-related costs
negative 141,000 US dollars
Proceeds from issuance of Class A common stock
856,000 US dollars
Principal payments on capital lease obligations
negative 100,000 US dollars
Payment of share repurchase excise tax
negative 4,152,000 US dollars
Proceeds from issuance of Variable Funding Notes
75,000,000 US dollars
Operating adjustment reconciliation
159,189,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
267,306,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
129,361,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 157,000 US dollars
Ending cash on Jun 30, 2026
371,210,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
605,405,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 40,746,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.62×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
193,449,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
67,425,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
126,024,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $74.25M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 193,449,000 US dollars minus 67,425,000 US dollars equals 126,024,000 US dollars.
PLANET FITNESS, INC. (PLNT) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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