Life Time Group Holdings, Inc. reported significant financial growth in its latest quarterly results, with total revenue reaching $866.0 million for the three months ended June 30, 2026, a 14% increase from $761.5 million in the same period last year. For the first half of 2026, revenue rose to $1.65 billion, up 13% from $1.47 billion in the prior year. The company attributed this growth primarily to increased membership dues and in-center revenue, which benefited from higher average dues and improved member engagement in services such as Dynamic Personal Training.
The company's net income for the second quarter was $101.4 million, compared to $72.1 million in the same quarter of 2025, reflecting a 40% increase. For the first half of 2026, net income was $189.5 million, up from $148.2 million in the previous year. The increase in profitability was supported by a reduction in operating expenses as a percentage of revenue, which fell to 82.7% from 85.7% year-over-year, driven by operational efficiencies and a favorable membership mix.
Life Time continued to expand its operational footprint, operating 195 centers across 32 states and one Canadian province as of June 30, 2026. The company opened five new centers during the second quarter and plans to open a total of 14 centers in 2026. This expansion is part of Life Time's asset-light strategy, which aims to target affluent markets and enhance revenue per membership. The average revenue per center membership increased to $1,923 for the first half of 2026, compared to $1,733 in the same period last year.
In terms of strategic initiatives, Life Time has focused on enhancing its digital offerings, including the launch of its generative AI-driven personal companion, L•AI•C, which aims to provide personalized health and wellness recommendations. The company also reported a successful integration of its Life Time Work and Life Time Living concepts, which offer co-working and residential spaces adjacent to its athletic centers. These initiatives are expected to further strengthen member engagement and drive revenue growth.
Looking ahead, Life Time remains optimistic about its growth trajectory, anticipating continued revenue increases as new centers ramp up and membership dynamics improve. The company is also closely monitoring macroeconomic conditions, including inflation and interest rates, which could impact its operations. However, management believes that the company's resilient business model will enable it to navigate potential challenges effectively.
About Life Time Group Holdings, Inc.
Life Time Group Holdings, Inc. operates as a premium health, fitness, and wellness company offering resort-like athletic country clubs across North America. Its core business includes memberships, digital health services, and community events. The company emphasizes high-quality amenities, personalized programs, and an asset-light expansion model in affluent markets, delivering a holistic "Healthy Way of Life" experience to a diverse, affluent customer base.
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