News&Events

World Gym Corporation Reports Q3 2026 Financial Results

Net Profit of NT$177 Million (US$5.61 Million), Up 56% Annually; Q3 EPS NT$1.62; Board Approves NT$1.455 per Share Q3 Dividend

World Gym Corporation (2762.TW), the owner of the iconic World Gym brand with over 290 locations worldwide, today announced its Q3 2026 financial results. Driven by both revenue growth and a significant improvement in gross margins, the company's profit grew substantially over last year.

Q3 2026 Financial Highlights

• Net Profit: NT$177 million (US$5.61 million), up 56.04% YoY

• Gross Margin: 19.98%, up 3.27 ppts YoY

• Operating Margin: 8.95%, up 2.81 ppts YoY

• Earnings Per Share (EPS): NT$1.62, compared to NT$1.04 in Q3 2025

Dividend Approval:

• Q3 2026 Cash Dividend: NT$ 1.455 per share

Supported by growth in both membership revenue and personal training revenue, World Gym Corporation’s Q3 revenue reached NT$2.979 billion, representing a 0.95% increase quarter-on-quarter and 5.5% growth YoY. However, compared to Q2, profitability slowed down due to the cost pressures of summer electricity rates. Expenses were also higher during this period as two stores in Taiwan entered their pre-sale phase, four stores officially opened, and resources were intensively deployed in preparation for the pre-sale launch of the company's first direct-operated overseas store.

World Gym Corporation also approved a Q3 dividend distribution, consisting of approximately NT1.455 per share from earnings.

For the first three quarter of the year, World Gym Corporation’s cumulative revenue reached NT$8.742 billion, up 7.85% YoY. The gross margin stood at 21.04%, up 4.99 percentage points YoY, while the operating margin was 10.21%, a significant increase of 5.15 percentage points from the same period last year. Net profit for the first three quarters of the year reached NT$615 million, representing a 1.54-fold increase YoY, with an EPS of NT$5.63.

John Caraccio, Chairman of World Gym Corporation, commented, “The Company's profit-oriented expansion strategy has proven successful this year. As a result, even as we launched ten new locations in the first nine months, including our first club entering the Thailand market, overall profitability still demonstrated significant growth compared to last year. Furthermore, the contributions from new locations are expected to drive growth in the fourth quarter and into next year.”

In addition to expanding its operational footprint, World Gym has also strengthened same-store sales capabilities this year, introducing new fitness programs to the market such as Pilates and HYROX co-branded classes. Based on the positive growth outlook for both membership and personal training revenue, the Company remains highly optimistic about its future business performance.

Note: Based on a USD/TWD exchange rate of 31.74

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include statements regarding future growth, expansion plans, new product launches, expected performance, dividend policy, and management's outlook. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Factors that may affect future results include economic conditions, market competition, regulatory developments, consumer demand, and the Company's ability to execute its growth strategy. World Gym Corporation undertakes no obligation to update any forward-looking statements except as required by law.

【About World Gym Corporation】

World Gym Corporation is Taiwan’s largest fitness chain, operating 142 locations. In 2024, it acquired World Gym International, securing the iconic World Gym brand and global operating rights, establishing itself as a global fitness leader. With a franchise network spanning 10 countries and 298 locations, it serves over 1,000,000 members. The company continues to empower individuals worldwide to achieve their fitness goals and live healthier lives through state-of-the-art facilities, innovative programs, and technology-driven solutions.