Filing Flows › Life Time Group Holdings (LTH) › Q3 2025
Life Time Group Holdings (LTH) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 4, 2025
Life Time Group Holdings (LTH) reported revenue of $783M for the third quarter 2025 (Q3 2025), +13% from a year earlier and +3% from the quarter before. Operating margin was 17.3%, net earnings $102M (13.1% of revenue).
Life Time Group Holdings, Q3 2025: revenue $783M (+13% year over year), operating margin 17.3%, net earnings $102M, operating cash flow $251M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $783M | +3% | +13% |
| Operating profit | $136M | +25% | +45% |
| Net earnings | $102M | +42% | +148% |
| Operating cash flow | $251M | +28% | +66% |
| Free cash flow | $62.5M | — | -55% |
What changed
Revenue was $782.6M in Q3 2025, up 13% 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 $59.2M year over year (up 12%), 66% of the total change.
Operating profit was $135.6M, a 17.3% margin (up 3.8 points year over year). Of the extra revenue versus a year earlier, 47% reached operating profit, above the 14% margin then. Total costs grew 8% against revenue growth of 13%. The fastest-growing cost line was Cost of revenue (+12%). Net earnings were $102.4M, up 148% year over year. The effective tax rate was 26.5%.
Operating cash flow was $251.1M (up 66% year over year), 245% of net earnings. Non-cash charges added back $75.1M of depreciation and amortization and $16.9M of share-based compensation. Working capital and other items added $56.7M. After capital expenditures, net of construction reimbursements, net ($188.6M), free cash flow as the company reports it was $62.5M.
Questions
What was Life Time Group Holdings' revenue in the third quarter 2025?
Life Time Group Holdings (LTH) reported revenue of $783M for the third quarter 2025 (Q3 2025), +13% from a year earlier and +3% from the quarter before.
Was Life Time Group Holdings profitable in the third quarter 2025?
Operating profit was $136M (17.3% of revenue) and net earnings $102M.