Basic-Fit stock keeps 2026 outlook after 18% revenue growth

Published on 11/04/2026 at 03:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Basic-Fit stock remains focused on scaling its European gym network. Management kept its 2026 revenue and underlying EBITDA outlook unchanged.

Growth continues, outlook unchanged

Basic-Fit expanded its network and membership base across Europe during the first nine months of 2026.
Management expects staffless 24/7 clubs and acquisitions to support operating leverage and future expansion.
Germany, France and franchise development remain important areas for the next phase of growth.

Basic-Fit, NL0011872650, Illustration mit AI erstellt.

Basic-Fit reported strong operating growth for the first nine months of 2026 and maintained its full-year outlook on October 21. According to Investing.com, revenue increased 18% year over year to EUR 1.217 billion, while total memberships rose 32% to 6.25 million.

Membership density supports expansion

Memberships at Basic-Fit branded owned clubs reached 5.19 million, up 10% from a year earlier. Average membership per branded club rose 6% to 3,035, moving closer to the medium-term target of 3,200 members per club. Average revenue per member per month increased 1.4% to EUR 25.64.

The total network comprised 2,246 clubs at the end of September, including 1,809 owned clubs and 437 franchise locations. The company said its owned-club expansion target of 50 net additions for 2026 had already been achieved. Acquisitions in Germany, including wellyou and Kraftwerk, are due to be converted to the Basic-Fit format by early 2027.

Guidance remains unchanged

Management reiterated 2026 revenue guidance of EUR 1.64 billion to EUR 1.69 billion and underlying EBITDA less rent guidance of EUR 430 million to EUR 460 million. It also expects leverage to stand slightly above two times at year-end and free cash flow to improve significantly.

Staffless 24/7 clubs are becoming an efficiency lever. Basic-Fit said the format in France had already generated EUR 10 million in annualized cost savings. The company expects 233 staffless clubs among 361 24/7 locations in France by year-end.

The update also highlighted execution risks. Membership growth is moderating as the customer base becomes larger, while energy costs, club investment and acquisition integration remain relevant factors for cash generation. Management said it plans to pursue franchise agreements in Germany, Spain and France, with multi-location partners as the target.

Basic-Fit business and competition

Basic-Fit is a Netherlands-based low-cost fitness operator offering club memberships, an app with training and nutrition content, online coaching and related retail services. Its network covers France, the Netherlands, Spain, Belgium, Germany and Luxembourg, with digital products supporting the club model, as described on the companys official company profile. Management described VivaGym and Synergym as major players in Spain and PureGym as the clear market leader in Switzerland, while positioning Basic-Fit as the number two in Spain and seeking further scale through acquisitions and franchises.