Life Time Group Holdings Inc
NYSE:LTH
Life Time Group Holdings Inc
Life Time Group Holdings Inc., often recognized as a holistic lifestyle and fitness company, charts its journey with a vision that extends beyond traditional gym models. Founded in 1992 by Bahram Akradi, Life Time has cultivated a unique ecosystem dedicated to health and wellness, which seamlessly amalgamates fitness, nutrition, and luxury living experiences under one expansive roof. Unlike typical gyms, Life Time crafts sprawling, resort-like facilities that offer a comprehensive array of services including fitness classes, personalized training, spas, childcare, cafes, and even co-working spaces. This approach aims to attract a broad clientele—from busy professionals to active families—ensuring that each visitor finds something catered to their lifestyle preferences in an environment that feels more like a community center than a mere gym.
What sets Life Time apart is its diversified revenue stream, where membership dues form just the tip of the iceberg. The company generates additional income through premium offerings such as on-site health services, exclusive events, and personalized training sessions, which are not typically available at your average gym. Furthermore, Life Time leverages its significant scale and strategic locations across affluent suburbs to engage in real estate development, housing residential and office spaces around their fitness centers. This not only capitalizes on lifestyle trends that blend wellness with everyday living but also deepens members' engagement by embedding fitness as a core component of their daily routine. In doing so, Life Time has positioned itself not just as a fitness center but as an experiential brand, tapping into varying aspects of its members' lives and evolving with the modern pursuit of a balanced lifestyle.
Life Time Group Holdings Inc., often recognized as a holistic lifestyle and fitness company, charts its journey with a vision that extends beyond traditional gym models. Founded in 1992 by Bahram Akradi, Life Time has cultivated a unique ecosystem dedicated to health and wellness, which seamlessly amalgamates fitness, nutrition, and luxury living experiences under one expansive roof. Unlike typical gyms, Life Time crafts sprawling, resort-like facilities that offer a comprehensive array of services including fitness classes, personalized training, spas, childcare, cafes, and even co-working spaces. This approach aims to attract a broad clientele—from busy professionals to active families—ensuring that each visitor finds something catered to their lifestyle preferences in an environment that feels more like a community center than a mere gym.
What sets Life Time apart is its diversified revenue stream, where membership dues form just the tip of the iceberg. The company generates additional income through premium offerings such as on-site health services, exclusive events, and personalized training sessions, which are not typically available at your average gym. Furthermore, Life Time leverages its significant scale and strategic locations across affluent suburbs to engage in real estate development, housing residential and office spaces around their fitness centers. This not only capitalizes on lifestyle trends that blend wellness with everyday living but also deepens members' engagement by embedding fitness as a core component of their daily routine. In doing so, Life Time has positioned itself not just as a fitness center but as an experiential brand, tapping into varying aspects of its members' lives and evolving with the modern pursuit of a balanced lifestyle.
Revenue Growth: Life Time reported Q3 revenue of $783 million, up 12.9% year-over-year, with strong performance in both membership dues and in-center businesses.
Profit Expansion: Net income surged 147% to $102 million, driven by operational gains and special items like sale-leaseback gains and employee retention credits.
Margin Improvement: Adjusted EBITDA margin improved by 210 basis points to 28.1%, reflecting operational efficiency and higher revenue per center.
Raised Guidance: The company increased its full-year comparable center revenue growth guidance to 10.8–11.0%.
Club Expansion: Management set a new baseline of 12 to 14 new club openings in 2026, with most under construction and larger formats expected to drive higher revenue per club.
Membership Strategy: Focus remains on optimizing revenue per member rather than total membership units, with higher mix of couples and families and restrictions on discounted memberships.
In-Center Business Strength: Dynamic personal training and other in-center businesses (cafes, spas) posted double-digit growth; more innovation and rollouts are planned.
Digital & Nutrition Initiatives: Digital membership accounts grew to 2.75 million, with new AI health features coming soon, and the trusted LTH nutrition line expanding ahead of a major marketing push in 2026.
