Filing Flows › Life Time Group Holdings (LTH) › Q2 2025
Life Time Group Holdings (LTH) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
Life Time Group Holdings (LTH) reported revenue of $761M for the second quarter 2025 (Q2 2025), +14% from a year earlier and +8% from the quarter before. Operating margin was 14.2%, net earnings $72.1M (9.5% of revenue).
Life Time Group Holdings, Q2 2025: revenue $761M (+14% year over year), operating margin 14.2%, net earnings $72.1M, operating cash flow $196M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $761M | +8% | +14% |
| Operating profit | $108M | +0.7% | +4% |
| Net earnings | $72.1M | -5% | +37% |
| Operating cash flow | $196M | +6% | +15% |
| Free cash flow | $112M | — | — |
What changed
Revenue was $761.5M in Q2 2025, up 14% year over year and up 8% from the previous quarter. Membership dues and enrollment fees was the largest line at 69% of revenue. Membership dues and enrollment fees added $64.6M year over year (up 14%), 69% of the total change.
Operating profit was $108.4M, a 14.2% margin (down 1.4 points year over year). Of the extra revenue versus a year earlier, 4% reached operating profit, below the 16% margin then. Total costs grew 16% against revenue growth of 14%. The fastest-growing cost line was Other operating costs (+22%). Net earnings were $72.1M, up 37% year over year. The effective tax rate was 27.6%.
Operating cash flow was $195.7M (up 15% year over year), 271% of net earnings. Non-cash charges added back $73.0M of depreciation and amortization and $16.4M of share-based compensation. Working capital and other items added $34.2M. After capital expenditures, net of construction reimbursements, net ($83.2M), free cash flow as the company reports it was $112.5M.
Questions
What was Life Time Group Holdings' revenue in the second quarter 2025?
Life Time Group Holdings (LTH) reported revenue of $761M for the second quarter 2025 (Q2 2025), +14% from a year earlier and +8% from the quarter before.
Was Life Time Group Holdings profitable in the second quarter 2025?
Operating profit was $108M (14.2% of revenue) and net earnings $72.1M.