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Life Time Group Holdings (LTH) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Oct 29, 2026 · Life Time Group Holdings (LTH) Q3 2026 earnings results →

Q3 2026 Revenue up 14% year over year to $894M · 12¢ of every $1 of revenue kept as net profit · operating margin 17.7%

Life Time Group Holdings made $894M in Q3 2026 (+14% Y/Y): Total center revenue $871M, Other revenue $22.4M. Operating margin 17.7%, net earnings $106M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 29, 2026.

Revenue$894M
Year over year+14%
Operating margin17.7%
Net earnings$106M
Operating cash flow$262M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $893.5M in Q3 2026, up 14% year over year and up 3% from the previous quarter. Membership dues and enrollment fees was the largest line at 70% of revenue. Membership dues and enrollment fees added $74.8M year over year (up 14%), 67% of the total change.

Operating profit was $158.0M, a 17.7% margin (up 0.4 points year over year). Of the extra revenue versus Q3 2025, 20% reached operating profit, above the 17% margin then. Total costs grew 14% against revenue growth of 14%. The fastest-growing cost line was Cost of revenue (+15%). Net earnings were $106.5M, up 4% year over year. The effective tax rate was 26.0%.

Operating cash flow was $262.1M (up 4% year over year), 246% of net earnings. Non-cash charges added back $85.0M of depreciation and amortization and $15.8M of share-based compensation. Working capital and other items added $54.8M. After capital expenditures, net of construction reimbursements, net ($226.5M), free cash flow as the company reports it was $35.7M.

Quarterly history

Life Time Group Holdings revenue by quarterLife Time Group Holdings revenue by quarter$706MQ1 2025$761MQ2 2025$783MQ3 2025$745MQ4 2025$789MQ1 2026$866MQ2 2026$894MQ3 2026
Life Time Group Holdings net earnings by quarterLife Time Group Holdings net earnings by quarter$76.1MQ1 2025$72.1MQ2 2025$102MQ3 2025$123MQ4 2025$88.1MQ1 2026$101MQ2 2026$106MQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QOct 29, 2026$894M+14%17.7%$106M$262M
Q2 202610-QJul 30, 2026$866M+14%17.3%$101M$210M
Q1 202610-QMay 5, 2026$789M+12%17.1%$88.1M$199M
Q4 202510-KFeb 24, 2026$745M+12%17.4%$123M$240M
Q3 202510-QNov 4, 2025$783M+13%17.3%$102M$251M
Q2 202510-QAug 5, 2025$761M+14%14.2%$72.1M$196M
Q1 202510-QMay 8, 2025$706M+18%15.2%$76.1M$184M

Charts

Life Time Group Holdings: revenue growth, year over year and quarter over quarterLife Time Group Holdings: revenue growth, year over year and quarter over quarterY/YQ/Q+18%Q1 2025+14%+8%Q2 2025+13%+3%Q3 2025+12%-5%Q4 2025+12%+6%Q1 2026+14%+10%Q2 2026+14%+3%Q3 2026
Latest (Q3 2026): Y/Y +14%, Q/Q +3%.
Life Time Group Holdings: where the cash came from (+) and went (−), TTM to Q3 2026Life Time Group Holdings: where the cash came from (+) and went (−), TTM to Q3 2026Capital spending−$1.1BOperating cash flow$910MAsset & business sales$317MOther financing−$110MCash drawn (+) / kept (−)−$72.8MShares issued$67.9MOther investing$6.0MNet borrowing (+) / repaid (−)−$1.7MExchange rates−$188K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Life Time Group Holdings: profit against cash, quarter by quarterLife Time Group Holdings: profit against cash, quarter by quarterNet incomeOperating cash flow$37.2M$163MQ4 2024$76.1M$184MQ1 2025$72.1M$196MQ2 2025$102M$251MQ3 2025$123M$240MQ4 2025$88.1M$199MQ1 2026$101M$210MQ2 2026$106M$262MQ3 2026
Latest (Q3 2026): Net income $106M, Operating cash flow $262M.
Life Time Group Holdings: diluted shares by fiscal yearLife Time Group Holdings: diluted shares by fiscal year145MFY2020155MFY2021194MFY2022204MFY2023211MFY2024225MFY2025
+55.4% since FY2020: more shares outstanding (issuance, stock pay).
Life Time Group Holdings: long-term debt falling due (FY2025)Life Time Group Holdings: long-term debt falling due (FY2025)$21.8M2026$27.8M2027$10.1M2028$10.1M2029$10.2M2030$1.4BLater
Cash $205M, short-term investments —, long-term debt $1.5B at 2025-12-31.
Life Time Group Holdings in its industry: growth against margin (4 companies, SIC 7997)Life Time Group Holdings in its industry: growth against margin (4 companies, SIC 7997)revenue growth, year over year →↑ operating marginmedian +14%median 18%PLNTOSWPUSALTH (+14%, 18%)
Services-Membership Sports & Recreation Clubs; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Life Time Group Holdings

Life Time Group Holdings, Inc. (collectively with its direct and indirect subsidiaries, “Life Time,” “we,” “our,” “us,” or the “Company”) is a holding company incorporated in the state of Delaware. Life Time Group Holdings, Inc. completed its initial public offering (“IPO”) in October 2021 and its common stock trades on the New York Stock Exchange (“NYSE”) under the symbol “LTH.” Life Time, the “Healthy Way of Life Company,” is a premier lifestyle and leisure brand offering premium health, fitness and wellness experiences to a community of nearly 1.6 million individual members, who together comprise nearly 873,000 memberships, as of December 31, 2025. We are a leading innovator in the industry having successfully created a leisure model that incorporates the country club wellness lifestyle within a fitness and active living community.

In its own words, from its 10-K, filed Feb 24, 2026.

Life Time Group Holdings against its Services-Membership Sports & Recreation Clubs peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +14% against the peers' median +14%. Operating margin: 17.7% against the peers' median 17.7%.

CompanyQuarterRevenueY/YOp. margin
LTH Life Time Group HoldingsQ3 2026$894M+14%17.7%
PLNT Planet FitnessQ3 2026$360M+9%28.2%
OSW Onespaworld HoldingsQ3 2026$277M+7%10.8%
PUSA PowerusQ2 2026$708K+18%-107.8%

Source: Life Time Group Holdings 10-Q on SEC EDGAR · CIK 1869198 · Services-Membership Sports & Recreation Clubs

Guidance and outlook

Life Time Group Holdings Revenue: guidance against what was reportedLife Time Group Holdings Revenue: guidance against what was reportedguided rangereported (above / within / below)FY2025$3.0BFY2026
Met or beat 1 of 1 guided periods. Grey: the last range guided before the figures came out; dot: the reported figure.

13F: who owns LTH and who is buying

Largest holders of LTH (13F)Largest holders of LTH (13F)BlackRock$925MLeonard Green & Partners, L.P.$450MDimensional Fund Advisors LP$375MVanguard Portfolio Management LLC$371MVanguard Group$363MAtairos Group$358MTPG GP A, LLC$322MVanguard Capital Management LLC$270MWellington Management Group LLP$258MWestfield Capital Management Co LP$245M
Funds' net buying of LTH by quarter (13F)Funds' net buying of LTH by quarter (13F)−$249M2024-09−$143M2024-12$453M2025-03−$42K2025-06$116M2025-09−$9.3M2025-12$429M2026-03−$69.4M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on LTH

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

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