Life Time Group Holdings Reports Third Quarter Financial Results for 2026
CHANDLER, MN – Life Time Group Holdings, Inc. (NYSE: LTH) has broadcasted its financial performance for the third quarter of 2026, highlighting impressive growth figures across key metrics. In this quarter, the company achieved a total revenue of
$893.5 million, reflecting a
14.2% increase from the same period last year. This upward trend is a clear indicator of the strengthening member engagement and effective business strategies implemented by Life Time.
Financial Highlights
Key financial metrics for the third quarter include:
- - Net Income: Increased to $106.5 million, up 4.0% year-over-year.
- - Diluted EPS: Rose to $0.46, a 2.2% increase compared to Q3 2025.
- - Adjusted Net Income: Reported at $115.9 million, up 24.6% from the previous year.
- - Adjusted EBITDA: Reached $256.3 million, reflecting a 16.5% increase year-over-year.
Membership Insights
Life Time reported the total center memberships at
858,747, marking a growth of
2.2% from the prior year. Membership growth can be attributed to improved member engagement driven by appealing programming and facility offerings, especially in their newly opened centers. There was a noteworthy decrease of approximately
21,500 memberships previously linked to medical insurance providers, which typically have lower average dues, indicating a refined membership mix enhancing the average revenue per membership—up by
12.0% to
$1,016.
Operational Growth
The company has also maintained robust center operations despite rising expenses. Expenses in this segment increased
14.5% to
$474.5 million, primarily due to the costs associated with new centers and higher member utilization. Life Time opened one additional facility during this quarter, bringing the total number of centers operational to
196.
Cash Flow and Capital Expenditure
Life Time reported a net cash flow from operating activities for the nine-month period ending in September 2026 at
$670.5 million, reflecting a
6.3% increase compared to the same period last year. The company's capital expenditures have risen significantly due to ongoing growth initiatives, with total expenditures reported at
$288.7 million in Q3. Life Time's total cash liquidity was a strong
$919.1 million, further affirming the company's capability for expansion and investment.
2026 Financial Outlook
For the complete fiscal year of 2026, Life Time reaffirmed its guidance, expecting total revenue between
$3.38 billion to
$3.39 billion, alongside planned openings of
14 new clubs. This ambitious schedule includes larger-format constructions aimed at enhancing the company’s footprint.
Conclusion
Bahram Akradi, Founder, Chairman, and CEO of Life Time, emphasizes the impressive results reflect the company's commitment to not only ensuring exceptional member experiences but also maintaining steady growth despite industry challenges. As Life Time navigates its future with strategic club openings and member-focused initiatives, it remains focused on delivering healthy living solutions to its clientele.
With the impressive financial results and ambitious future plans, Life Time outlines a solid path for sustained growth, which resonates well in today’s competitive fitness landscape.