Earnings Releases·Oct 29, 2026, 7:05 AM ET

Life Time Group Holdings, Inc. — Third Quarter 2026 Earnings Summary

Total revenue for Q3 2026 reached $893.5 million, up 14.2% year-over-year, while adjusted net income and adjusted EBITDA grew 24.6% and 16.5% respectively to $115.9 million and $256.3 million.
The Company raised full-year 2026 guidance across all key metrics, increasing total revenue to $3,380–$3,390 million, adjusted net income to $408–$412 million, and adjusted EBITDA to $958–$962 million.
Membership growth was driven by improved mix and higher utilization, with total subscriptions reaching 908,454 (up 1.9% YoY) and average revenue per membership rising 12.0% to $1,016.
Strategic capital deployment included $611.8 million in growth capital expenditures for the first nine months and $62.3 million in proceeds from a Q3 sale-leaseback transaction, with $135 million in additional transactions expected in Q4.
The net debt to Adjusted EBITDA leverage ratio improved to 1.3 times as of September 30, 2026, and the Company expects to open 14 new clubs in 2026, with nearly all 2027 planned clubs already under construction.