Life Time Reports Strong Preliminary Q4/FY25 Results, Guides for FY26 Revenue Growth and Significant Club Expansion

summarizeSummary

Life Time Group Holdings announced robust preliminary financial results for Q4 and full-year 2025, driven by strong revenue and adjusted profit growth, and provided 2026 guidance including significant club expansion plans.

check_boxKey Events

• Strong Preliminary 2025 Results

  Reported significant increases in Q4 and full-year 2025 revenue, net income, and adjusted EBITDA, with full-year revenue estimated at $2.994 billion and Adjusted EBITDA at $824 million.

• Non-Recurring Income Boost

  Full-year 2025 net income included approximately $49 million from payroll tax credits, a legal settlement, and tax benefits from a CEO stock option exercise.

• Solid 2026 Guidance

  Projected 2026 total revenue to increase by 10.7% to $3.315 billion and Adjusted EBITDA by 11.3% to $917.5 million, indicating continued growth in core operations.

• Aggressive Club Expansion

  Plans to open 12-14 new clubs in 2026, nearly doubling the square footage of new clubs compared to 2024 and 2025 classes, with most openings in the second half of the year.

auto_awesomeAnalysis

Life Time Group Holdings announced robust preliminary financial results for Q4 and full-year 2025, driven by strong revenue and adjusted profit growth. The reported net income for 2025 was significantly boosted by non-recurring items, including payroll tax credits, a legal settlement, and tax benefits from a CEO stock option exercise. For 2026, the company projects continued revenue and adjusted profit growth, alongside an aggressive expansion plan to open 12-14 new clubs, nearly doubling the square footage of prior-year classes. Investors should note the projected slowdown in comparable center revenue growth for 2026, which suggests a shift in growth drivers towards new club openings rather than same-store sales.