Smart Fit invests BRL 32 million in Buddha Spa: what it means for Smart Fit stock

Published on 10/16/2026 at 00:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached BRL 2.18 billion, up 22.00 percent year over year. Smart Fit stock has results scheduled for November 4, 2026.

Expansion beyond gyms

Smart Fit agreed on October 5, 2026, to invest up to BRL 32 million in Buddha Spa.
Second-quarter 2026 revenue reached BRL 2.18 billion, up 22.00 percent year over year.
Smart Fit stock had a market capitalization of BRL 14.8 billion as of October 15, 2026.
Smart Fit's next results are scheduled for November 4, 2026.

SmartFit, BRSMFTACNOR1, Illustration mit AI erstellt.

Smart Fit (ISIN BRSMFTACNOR1) agreed to invest up to BRL 32 million for as much as 20 percent of Buddha Spa on October 5, 2026. The transaction gives the Brazilian fitness operator an option to raise its stake to 30 percent, according to SpaceMoney.

What does the deal mean?

Buddha Spa operates 149 locations in 12 Brazilian states, with 96 percent of its network run by franchisees. The investment broadens Smart Fit's health and wellness offer beyond gyms, while the cash commitment equals 0.30 percent of the company's market capitalization, according to BTG Pactual. The financial size is modest, but the option to acquire another 10 percent could connect Buddha Spa more closely with Smart Fit's TotalPass platform.

Three events set the timeline

On August 5, 2026, Smart Fit reported second-quarter revenue of BRL 2.18 billion and recurring net income of BRL 204 million. On September 14, 2026, the company highlighted 2,170 gyms in 16 countries and 5.6 million members. On October 5, 2026, it announced the Buddha Spa investment of up to BRL 32 million. The sequence points from operating scale to adjacent wellness expansion.

Which dates matter next?

Smart Fit's next results are scheduled for November 4, 2026, according to TraderNews. A BRL 0.07 per-share interest-on-equity payment is listed for October 30, 2026, with an ex-date of September 4, 2026, according to OBM.

Stock valuation and operating scale

Smart Fit's second-quarter revenue rose 22.00 percent from the year-earlier period to BRL 2.18 billion, while adjusted recurring net income reached BRL 204 million. The company also reported 2,170 gyms across 16 countries and 5.6 million members, making network scale the central measure for assessing whether the new wellness strategy can add value.

On B3, Smart Fit stock was last at BRL 24.19 on October 15, 2026 at 5:05 p.m. BRT. Its market capitalization was BRL 14.8 billion, with a 52-week range of BRL 16.45 to BRL 27.40.