Life Time Group Holdings

Life Time Group Holdings (LTH) Q2 2025 Earnings

Reported Aug 5, 2025 at 6:50 AM ET · SEC Source

Q2 25 EPS

$0.37

BEAT +3.35%

Est. $0.36

Q2 25 Revenue

$761.5M

BEAT +1.18%

Est. $752.6M

vs S&P Since Q2 25

+26.4%

BEATING MARKET

LTH +45.3% vs S&P +18.9%

Market Reaction

Did LTH Beat Earnings? Q2 2025 Results

Life Time Group Holdings posted a convincing second-quarter beat, with earnings per share of $0.37 topping the $0.36 consensus by 3.35% and revenue of $761.47 million clearing estimates by 1.18% on 14.0% year-over-year growth. The driving force behin… Read more Life Time Group Holdings posted a convincing second-quarter beat, with earnings per share of $0.37 topping the $0.36 consensus by 3.35% and revenue of $761.47 million clearing estimates by 1.18% on 14.0% year-over-year growth. The driving force behind the quarter was a potent combination of membership expansion and higher per-member spending, as average center revenue per membership climbed 11.8% to $888, while total memberships reached 849,643. Dynamic Personal Training emerged as a standout contributor to in-center revenue, helping lift adjusted EBITDA margin to 27.7% from 26.0% a year ago as operating leverage took hold. Net income rose 36.6% to $72.10 million, and the company recorded its fifth consecutive quarter of positive free cash flow. Despite a recent pullback in its share price, the underlying momentum prompted management to raise full-year 2025 guidance, now targeting revenue of $2.96 billion to $2.98 billion and adjusted EBITDA of $805 million to $815 million, with comparable center revenue growth expectations lifted to 9.5% to 10.0%.

Key Takeaways

  • Increase in average membership dues driving revenue growth
  • Membership growth in new and ramping centers
  • Higher member utilization of in-center offerings, particularly Dynamic Personal Training
  • Total visits, visits per membership, and retention at all-time highs
  • Comparable center revenue growth of 11.2%
  • Average center revenue per center membership increased 11.8% to $888
  • Structural business improvements expanding margins
  • Interest expense reduction from debt paydown and refinancing
24/7 Wall St

LTH YoY Financials

Q2 2025 vs Q2 2024, source: SEC Filings

24/7 Wall St

LTH Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“We are pleased with our second quarter results and the momentum we are seeing in our business. Total visits, visits per membership, and retention continued to achieve all-time highs. Our business performance, combined with the strength of our balance sheet and cash flow, positions us well to continue to grow, including modestly accelerated new club growth in 2026 from our robust club development pipeline.”

— Bahram Akradi, Q2 2025 Earnings Press Release