The Gym Group (GYM) Q2 2026 TU earnings summary

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.