Life Time Group Holdings reported higher third-quarter revenue and earnings, with its adjusted profit measures growing faster than its reported results. The fitness-club operator also raised its 2026 outlook and said it remains on track to open 14 clubs this year.
- Revenue rose 14.2% from a year earlier to $893.5 million for the quarter ended September 30, 2026.
- Net income increased 4.0% to $106.5 million. Diluted earnings per share were $0.46, up 2.2%.
- On an adjusted basis, net income rose 24.6% to $115.9 million and adjusted EBITDA increased 16.5% to $256.3 million. Adjusted diluted EPS was $0.51, up 24.4%.
- Life Time said it raised its 2026 outlook, but the announcement text provided here does not include the revised forecast figures.
- CEO and founder Bahram Akradi attributed the performance to rising member engagement and strong results from the company’s in-club businesses, which he said are lifting revenue per membership.
- The company said it is on track to open all 14 clubs planned for 2026. Nearly all of its planned 2027 clubs are already under construction.
- Akradi cited low leverage, strong cash flow and a substantial real estate pipeline as support for the company’s expansion plans.
What changes: The earnings report shows solid year-over-year growth, though reported net income and diluted EPS rose more slowly than the adjusted measures. The expansion update points to continued investment in new clubs, with the company describing its balance sheet and cash generation as supporting that growth.