Leeds-based international firm PureGym Group said its 2025 revenue increased 23% to £742 million “driven by ongoing estate expansion, membership growth, site maturation and growth in average revenue per member of 4% to £26.29.”
PureGym Group has grown to more than 700 gyms and 2.3 million members, the majority of which are open 24/7. As at December 31, 2025, PureGym had 455 gyms in the UK, 128 gyms in Denmark, 48 gyms in Switzerland, 60 gyms in the USA and 23 franchise gyms in the Middle East.
The firm is jointly owned by investment firms Leonard Green & Partners and KKR as well as key members of the group’s management team.
“Accelerated organic expansion with a record 60 new gym openings, plus 1 M&A bolt-on acquisition in the USA, taking the total estate to 714 gyms at the period end …” reported the Leeds firm.
“Adjusted EBITDA improved by 35% to £208.7m (2024: 154.3m), reflecting the strong revenue growth and excellent cost control with like-for-like operating cost inflation of less than 1% in 2025.
“Excellent progress made in the USA following the Blink Fitness acquisition in New York, with EBITDA in this market increasing by 65% to £15m in the first year of PureGym’s ownership, and a clear growth opportunity ahead in the world’s largest fitness market.
“£177m capital expenditure programme including £76m in new gyms, £11m in the Danish estate upgrade and £22m in the USA on rebrand, investment and bolt-on M&A.”
PureGym Group CEO Clive Chesser said: “In my first full year as Chief Executive Officer of the PureGym Group, I am delighted to be reporting another year of excellent progress both strategically and financially. It was a year in which we celebrated our 700th gym opening, alongside a record number of organic gym openings, both of which represent exciting milestones that further cement PureGym as one of the leading international players in the global fitness industry.
“More than a year on from PureGym’s acquisition of Blink Fitness in the USA, we have made significant progress both in terms of improved profitability but also in integrating these new sites into PureGym’s operating model. We have ambitious plans for further investment to enhance our high-quality estate in the world’s largest fitness market.
“In the UK it was a record year of openings, extending our position as the leading operator, and we are now present in communities across the country across a range of formats. In Denmark we delivered a significant improvement in profitability following our estate optimisation and now have the right platform from which to build upon.
“Consumers continue to navigate cost pressures, but their expectations remain clear: they want access to affordable, quality fitness that is flexible to their lifestyle. Alongside this, the wellness movement continues to accelerate, and consumers are prioritising their health and wellbeing more than ever. In this environment, our value, flexible proposition remains central to meeting these expectations and is undoubtedly a key driver of PureGym’s ongoing relevance and success.
“Looking ahead, there’s a clear opportunity to capitalise on the momentum we achieved in 2025. We have a high-quality pipeline and expect, across our geographies, to open even more sites in 2026.
“Looking further ahead we have a medium-term ambition of more than doubling the size of our gym estate, with particularly strong growth expected in the US market, and are hugely excited about the ongoing impact we can have on the health and wellbeing of the communities where we operate across the world.”