Life Time Q3 Revenue Up 14.2% to $893.5M, Raises Full-Year 2026 Outlook
LTH sits 73% above its 52-week low of $24.14.
Summary
Life Time reported Q3 2026 revenue of $893.5M (+14.2%) and Adjusted EBITDA of $256.3M (+16.5%), then raised full-year revenue and Adjusted EBITDA guidance. GAAP net income guidance of $358-$360M is below 2025's $373.7M, which included one-time items.
Key Events · Earnings and Guidance · LTH
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Q3 Revenue Grows 14.2% to $893.5M
Total revenue rose to $893.5M from $782.6M a year earlier, driven by higher average dues, membership mix and in-center revenue such as Dynamic Personal Training.
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Adjusted EBITDA Up 16.5% to $256.3M
Adjusted net income increased 24.6% to $115.9M and Adjusted diluted EPS rose 24.4% to $0.51, while GAAP diluted EPS was $0.46, up 2.2%.
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Full-Year 2026 Guidance Raised
Revenue guidance moved to $3,380-$3,390M from $3,350-$3,375M and Adjusted EBITDA to $958-$962M from $940-$955M; GAAP net income is guided to $358-$360M versus $373.7M in 2025, which included one-time items.
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Leverage Falls to 1.3x
Net debt leverage improved to 1.3x from 1.6x a year earlier, with $919.1M of total liquidity including $286.2M of cash and no revolver borrowings.
Analysis · LTH · Trade & Services
Life Time beat on the top line and lifted every major full-year number: revenue to $3.38-$3.39B, Adjusted EBITDA to $958-$962M and Adjusted net income to $408-$412M. The one soft spot is GAAP net income, guided to $358-$360M versus $373.7M in 2025, because last year benefited from one-time items like employee retention credits and sale-leaseback gains. Adjusted EBITDA growth of 16.3% at the midpoint is the cleaner read on the business. Leverage at 1.3x and $919.1M of liquidity give the company room to keep funding an aggressive club build-out (growth capex of $885-$910M) without new equity. That matters against a backdrop of heavy insider selling this year, including $1.09B of open-market sales in the last 90 days.
How filings like this one have moved
In the 30 days to Oct 29, 2026, 30.9% of the 1649 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.02%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, LTH was trading at $41.88 on NYSE in the Trade & Services sector, with a market capitalization of approximately $9.6B. The 52-week trading range was $24.14 to $47.24. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.