Life Time Group Holdings, Inc. reported significant financial growth for the fiscal year ending December 31, 2025, with total revenue reaching $2.995 billion, a 14.3% increase from $2.621 billion in 2024. The company's net income also saw a substantial rise, climbing to $373.7 million compared to $156.2 million the previous year. This growth was primarily driven by an increase in membership dues and in-center revenue, which accounted for approximately 72.6% of total revenue. Membership dues and enrollment fees rose to $2.111 billion, up from $1.854 billion in 2024, reflecting both higher average monthly dues and growth in new and ramping centers.
In terms of operational metrics, Life Time reported a total of 872,936 memberships as of December 31, 2025, a slight increase from 866,085 in 2024. The average revenue per center membership increased to $3,531, up from $3,160 in the prior year. The company also recorded over 122 million visits to its centers, indicating strong member engagement. Life Time operates 189 centers across 31 states and one Canadian province, with plans to open 12 to 14 new locations annually starting in 2026, focusing on affluent metropolitan areas.
Strategically, Life Time has continued to expand its asset-light model, with approximately 71% of its centers now leased. The company executed several sale-leaseback transactions during 2025, selling seven properties for a gross sales price of $249.9 million, which contributed to a net gain of $12.8 million recognized in its financial statements. Additionally, Life Time has enhanced its service offerings, including the introduction of new programs such as Dynamic Personal Training and the LT Games athletic competition, which have driven member engagement and revenue growth.
Looking ahead, Life Time's management expressed optimism about future growth, citing the resilience of its subscription-based revenue model and the ongoing demand for health and wellness services. The company plans to continue investing in its digital capabilities, including the development of its integrated digital app and artificial intelligence initiatives to enhance member experiences. However, management also acknowledged potential risks related to macroeconomic conditions, including inflation and interest rates, which could impact operational costs and consumer spending.
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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