Life Time Group Holdings, Inc. has recently released its 10-Q report, revealing its latest financial results and operational updates. The company, formerly known as LTF Holdings, Inc., is headquartered in Chanhassen, Minnesota, and provides health, fitness, and wellness experiences to a community of individual members in the United States and Canada. It operates 184 centers across 31 states in the United States and one province in Canada, offering a range of amenities including fitness floors, group fitness studios, pools, tennis and pickleball courts, and various dining and childcare facilities.
In the 10-Q report, under ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS, the company provided insights into its financial performance. It reported total Center revenue of $1,421.5 million for the six months ended June 30, 2025, compared to $1,225.5 million for the same period in 2024. The report also highlighted the company's strategic initiatives, including pickleball, Dynamic Personal Training, small group training, and offerings for members aged 55 years and older, which have contributed to revenue growth and increased member engagement.
Furthermore, the report discussed the company's expansion plans, noting that it had 32 centers open for less than three years and 16 new centers under construction as of June 30, 2025. Life Time aims to open 12 to 14 new club locations in 2026, predominantly through large ground-up construction builds. The company believes that expanding its portfolio of premium centers in affluent markets will naturally increase its average revenue per center membership.
The report also addressed the company's response to the macroeconomic and policy environment, stating that it continues to monitor the impact of factors such as tariffs, inflation, interest rates, taxes, and potential economic recessions on its business. Despite macroeconomic uncertainty, Life Time has experienced revenue growth and expanded operating margins.
Additionally, the report included non-GAAP financial measures such as Adjusted net income and Adjusted EBITDA, which the company uses to evaluate its performance. These measures exclude certain items that are not indicative of its ongoing operations, providing a clearer picture of its core operating performance and allowing for consistent comparisons over time.
As a result of these announcements, the company's shares have moved 2.66% on the market, and are now trading at a price of $28.59. For the full picture, make sure to review Life Time's 10-Q report.
