Key facts
- Puregym plans to double new gym openings in the second half of 2026.
- The company aims to open 60 new sites globally by the end of the year.
- Revenue for the first half of 2026 increased by six percent to £393m.
- Pre-tax earnings saw an 18 percent jump to £193m in the first half.
- Profit in the US region surged 35 percent to £8.8m.
- Total member count grew three percent to 2,442,000.
Puregym is set to significantly expand its global presence in the second half of 2026, aiming to double the number of new gym openings compared to the first half of the year. The company reported a six percent increase in revenue to £393m and an 18 percent surge in pre-tax earnings to £193m for the first six months of 2026. This growth was partly driven by a turnaround in the US market following the rebrand and integration of Blink Fitness Chain, which saw profits in the region jump 35 percent to £8.8m. The total member count also grew by three percent to 2,442,000.
Alex Wood, who recently took over as chief executive, identified a strategic opportunity for approximately 750 additional sites across Puregym's current markets and in the Republic of Ireland. The company plans to enter the Irish market, beginning in Dublin, in early 2027. Wood highlighted the company's low-cost, technology-enabled operating model as a key factor in maintaining strong margins and enabling investment in expansion.
He also noted the attractive long-term prospects for the fitness sector, citing increasing consumer focus on health and wellbeing, and a growing share of the value segment within the expanding gym membership market. Earlier this year, Will Orr, chief executive of The Gym Group, noted a trend of young members exercising more and drinking less, attributing increased gym popularity partly to mental health awareness and a desire for strength among Gen-Z.
Puregym was founded in 2009 by Peter Roberts and is supported by investors Leonard Green & Partners and KKR.