Filing Flows › Life Time Group Holdings (LTH) › Q4 2025
Life Time Group Holdings (LTH) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 24, 2026
Life Time Group Holdings (LTH) reported revenue of $745M for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and -5% from the quarter before. Operating margin was 17.4%, net earnings $123M (16.5% of revenue).
Life Time Group Holdings, Q4 2025: revenue $745M (+12% year over year), operating margin 17.4%, net earnings $123M, operating cash flow $240M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $745M | -5% | +12% |
| Operating profit | $130M | -5% | +49% |
| Net earnings | $123M | +20% | +231% |
| Operating cash flow | $240M | -4% | +47% |
What changed
Revenue was $745.1M in Q4 2025, up 12% year over year and down 5% from the previous quarter. Membership dues and enrollment fees was the largest line at 72% of revenue.
Operating profit was $129.5M, a 17.4% margin (up 4.3 points year over year). Of the extra revenue versus a year earlier, 52% reached operating profit, above the 13% margin then. Total costs grew 7% against revenue growth of 12%. The fastest-growing cost line was Cost of revenue (+10%). Net earnings were $123.0M, up 231% year over year. The effective tax rate was 28.5%. Non-operating items added $42.5M, 25% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $239.9M (up 47% year over year), 195% of net earnings. Non-cash charges added back $77.3M of depreciation and amortization and $6.6M of share-based compensation. Working capital and other items added $32.9M. Capital expenditures of $304.5M exceeded it, leaving free cash flow of −$64.6M.
Questions
What was Life Time Group Holdings' revenue in the fourth quarter 2025?
Life Time Group Holdings (LTH) reported revenue of $745M for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and -5% from the quarter before.
Was Life Time Group Holdings profitable in the fourth quarter 2025?
Operating profit was $130M (17.4% of revenue) and net earnings $123M.