The Gym Group
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The Gym Group (GYM) investor relations material

The Gym Group Q2 2026 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 TU earnings summary8 Jul, 2026

Executive summary

  • Positive trading momentum continued in H1 2026, with like-for-like revenue up 3% year-over-year.

  • Revenue for the six months ended 30 June 2026 increased by 10% to £133.1m compared to H1 2025.

  • Average membership grew 5% to 1,002,000, reaching a milestone of one million members.

  • Four new gyms opened in H1 2026, with plans to open at least 20 gyms in the full year.

Financial highlights

  • Revenue rose 10% year-over-year to £133.1m for H1 2026.

  • Like-for-like revenue increased 3% compared to H1 2025.

  • Average revenue per member per month (ARPMM) increased 5% to £22.14.

  • Net debt at 30 June 2026 was £58.0m.

Outlook and guidance

  • On track to open at least 20 gyms in 2026, with two more sites under construction and eleven more exchanged.

  • Confident in the full year outlook, with continued focus on disciplined growth strategy.

Analyze drivers behind the 5% ARPMM growth
Explain the H2 weighting of gym openings
Rationale for the £15m bank facility increase
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