Filing Flows › Life Time Group Holdings (LTH) › Q1 2025
Life Time Group Holdings (LTH) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Life Time Group Holdings (LTH) reported revenue of $706M for the first quarter 2025 (Q1 2025), +18% from a year earlier and +6% from the quarter before. Operating margin was 15.2%, net earnings $76.1M (10.8% of revenue).
Life Time Group Holdings, Q1 2025: revenue $706M (+18% year over year), operating margin 15.2%, net earnings $76.1M, operating cash flow $184M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $706M | +6% | +18% |
| Operating profit | $108M | +24% | +49% |
| Net earnings | $76.1M | +105% | +206% |
| Operating cash flow | $184M | +13% | +103% |
| Free cash flow | $41.4M | — | — |
What changed
Revenue was $706.0M in Q1 2025, up 18% year over year and up 6% from the previous quarter. Membership dues and enrollment fees was the largest line at 71% of revenue. Membership dues and enrollment fees added $76.2M year over year (up 18%), 70% of the total change.
Operating profit was $107.7M, a 15.2% margin (up 3.2 points year over year). Of the extra revenue versus a year earlier, 33% reached operating profit, above the 12% margin then. Total costs grew 14% against revenue growth of 18%. The fastest-growing cost line was SG&A (+18%). Net earnings were $76.1M, up 206% year over year. The effective tax rate was 7.8%.
Operating cash flow was $183.9M (up 103% year over year), 241% of net earnings. Non-cash charges added back $70.9M of depreciation and amortization and $11.9M of share-based compensation. Working capital and other items added $24.9M. After capital expenditures, net of construction reimbursements ($142.5M), free cash flow as the company reports it was $41.4M.
Questions
What was Life Time Group Holdings' revenue in the first quarter 2025?
Life Time Group Holdings (LTH) reported revenue of $706M for the first quarter 2025 (Q1 2025), +18% from a year earlier and +6% from the quarter before.
Was Life Time Group Holdings profitable in the first quarter 2025?
Operating profit was $108M (15.2% of revenue) and net earnings $76.1M.