- Total revenue estimated to increase 12.2% to $743 – $745 million for the fourth quarter and 14.2% to $2,993 – $2,995 million for the year*
- Net income estimated to increase 226.6% to $120 – $123 million for the fourth quarter and 138.5% to $371 – $374 million for the year*
- Diluted EPS estimated to increase 211.8% to $0.52 – $0.54 for the fourth quarter and 122.3% to $1.63 – $1.66 for the year*
- Adjusted net income estimated to increase 25.2% to $74 – $77 million for the fourth quarter and 61.3% to $322 – $325 million for the year*
- Adjusted EBITDA estimated to increase 13.6% to $200 – $202 million for the fourth quarter and 21.7% to $823 – $825 million for the year*
- Adjusted diluted EPS estimated to increase 22.2% to $0.32 – $0.34 for the fourth quarter and 50.0% to $1.41 – $1.44 for the year*
- Company introduces select financial guidance for FY 2026
|
* Percentages are at the midpoint of our estimated results |
CHANHASSEN, Minn., Jan. 22, 2026 /PRNewswire/ — Life Time Group Holdings, Inc. (“Life Time,” “we,” “our,” “us,” or the “Company”) (NYSE:LTH) today announced its preliminary estimated unaudited financial results for the fourth quarter and full-year fiscal 2025. The Company also introduced select guidance for full-year fiscal 2026. The Company plans to release its full fourth quarter and fiscal year 2025 results on February 24, 2026.
Select Preliminary Financial Information
|
Three Months Ended |
Percent |
Year Ended |
Percent |
||||||||
|
($ in millions, except memberships and per membership data) |
December 31, |
December 31, |
|||||||||
|
2025 (Preliminary) |
2024 (Actual) |
2025 (Preliminary) |
2024 (Actual) |
||||||||
|
Total revenue |
$743 – $745 |
$663.3 |
12.2 % |
$2,993 – $2,995 |
$2,621.0 |
14.2 % |
|||||
|
Rent |
$86 – $87 |
$79.1 |
9.4 % |
$338 – $339 |
$304.9 |
11.0 % |
|||||
|
Net income (1) |
$120 – $123 |
$37.2 |
226.6 % |
$371 – $374 |
$156.2 |
138.5 % |
|||||
|
Adjusted net income |
$74 – $77 |
$60.3 |
25.2 % |
$322 – $325 |
$200.5 |
61.3 % |
|||||
|
Adjusted EBITDA |
$200 – $202 |
$177.0 |
13.6 % |
$823 – $825 |
$676.8 |
21.7 % |
|||||
|
Comparable center revenue (2) |
9.7% – 9.9% |
13.5 % |
11.0% – 11.1% |
12.2 % |
|||||||
|
Center memberships, end of period |
822,380 |
812,062 |
1.3 % |
822,380 |
812,062 |
1.3 % |
|||||
|
Average center revenue per center membership |
$880 – $882 |
$796 |
10.7 % |
$3,529 – $3,531 |
$3,160 |
11.7 % |
|||||
|
(1) |
Net income is preliminarily estimated to include approximately $46 million and $49 million of tax-effected income for the three months and year ended December 31, 2025, respectively, related to (i) payroll tax credits for employee retention under the CARES Act, (ii) payment to us in partial satisfaction of legal claims, net of fees, and (iii) income tax benefits due to a significant exercise of stock options by our Chief Executive Officer that were set to expire in 2025, as well as other adjustments to determine Adjusted net income. Refer to the Adjusted net income reconciliation table under “Use of Non-GAAP Financial Measures” below for additional information. |
|
(2) |
The Company includes a center, for comparable center revenue purposes, beginning on the first day of the 13th full calendar month of the center’s operation, in order to assess the center’s growth rate after one year of operation. |
Select Fiscal 2026 Annual Guidance
The Company introduced the following select financial guidance for full-year fiscal 2026:
|
Percent |
|||||
|
Year Ending |
Year Ended |
Change |
|||
|
December 31, 2026 |
December 31, 2025 |
(Using |
|||
|
($ in millions) |
(Guidance) |
(Preliminary) |
midpoints) |
||
|
Total revenue |
$3,300 – $3,330 |
$2,993 – $2,995 |
10.7 % |
||
|
Rent |
$378 – $388 |
$338 – $339 |
13.1 % |
||
|
Net income (1) |
$330 – $336 |
$371 – $374 |
(10.6 %) |
||
|
Adjusted net income |
$369 – $378 |
$322 – $325 |
15.5 % |
||
|
Adjusted EBITDA |
$910 – $925 |
$823 – $825 |
11.3 % |
|
(1) |
Net income is preliminarily estimated to include approximately $49 million of tax-effected income for the year ended December 31, 2025 related to (i) payroll tax credits for employee retention under the CARES Act, (ii) payment to us in partial satisfaction of legal claims, net of fees, and (iii) income tax benefits due to a significant exercise of stock options by our Chief Executive Officer that were set to expire in 2025, as well as other adjustments to determine Adjusted net income. Refer to the Adjusted net income reconciliation table under “Use of Non-GAAP Financial Measures” below for additional information. |
The Company also expects the following operational and financial results for full-year fiscal 2026:
- Open 12 to 14 new clubs, most of which will be large-format, ground-up construction clubs. We expect the total square footage of our 2026 class of clubs to be approximately 1.2 million square feet, nearly double the square footage of each of our 2024 and 2025 class of clubs. We …