The Gym Group profit jumps 48% as membership growth drives strong first half

Retail & Consumer Leisure, Gaming And Gambling Written by: Ephrem Joseph 07:45 Wed 09 Sep 2026 --> Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Ephrem Joseph Ephrem began his journalistic journey at Proactive in June 2021. With a strong academic background in Information Technology, his expertise particularly lies in the field of Cyber Security, Management Information Systems and Computer Forensics. Before joining Proactive, Ephrem worked as a researcher and lecturer at a number of leading universities, including the University of Portsmouth's Institute of Criminal Justice Studies, the University of Winchester’s Institute of Policing, and Jain... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. The Gym Group PLC ( LSE:GYM ) View Price & Profile The Gym Group profit jumps 48% as membership growth drives strong first half Published: 07:45 09 Sep 2026 BST The Gym Group PLC (LSE:GYM) reported a 48% jump in first-half pre-tax profit as higher membership and pricing boosted revenue, with the low-cost gym operator expecting full-year earnings at the top end of analysts’ forecasts. Revenue for the six months to 30 June 2026 rose 10% to £133.1 million, while adjusted EBITDA less normalised rent increased 12% to £30.8 million. Statutory profit before tax climbed 48% to £4.9 million, with adjusted pre-tax profit up 31% to £6.4 million. Meanwhile, average membership increased 5% to around 1 million, while average revenue per member per month rose 5%. Like-for-like revenue advanced 3%. Chief executive Will Orr said reaching one million members during the period was “an encouraging milestone”, adding that the group’s upgraded gym format was supporting improvements at both new and refurbished locations. The company opened four new sites during the half and is currently developing another 11, with at least 20 openings planned for 2026 as part of a programme targeting around 75 new gyms over three years. Free cash flow increased 10% to £27.7 million, helping fund new sites, refurbishment, technology spending and its £10 million share buyback programme. For the full year, The Gym Group maintained its target for 3% like-for-like revenue growth, while cost growth is now expected at the lower end of its previous 3%-4% range. As a result, adjusted EBITDA less normalised rent is expected to come in at the top end of current analyst forecasts. Continue reading