Life Time Group Holdings, Inc. (NYSE:LTH) reported fourth-quarter results on Tuesday that surpassed analyst forecasts on both earnings and revenue, with shares edging up slightly in premarket trading following the release.
The company posted adjusted earnings per share of $0.34, beating consensus estimates of $0.27 by $0.07. Revenue totaled $745.1 million, also ahead of expectations of $736.13 million.
Shares gained about 0.14% before the opening bell.
Quarterly revenue rose 12.3% year over year from $663.3 million, supported by higher membership dues and stronger in-center spending, particularly from Dynamic Personal Training offerings.
Adjusted EBITDA increased 14.5% to $202.6 million, while adjusted net income climbed 28.4% to $77.4 million, reflecting continued operating momentum.
Looking ahead, Life Time projected fiscal 2026 revenue of $3.30 billion to $3.33 billion. The midpoint of $3.315 billion came in slightly below analyst expectations of $3.32 billion.
The company plans to open between 12 and 14 new fitness centers in 2026, with total added square footage expected to nearly double that delivered across the 2024 and 2025 expansion classes combined. Management also forecast comparable center revenue growth of 6.3% to 7.3% and adjusted EBITDA in the range of $910 million to $925 million.
“With higher member engagement, increased dues per membership, and robust in-center revenue growth, we delivered another year of record financial performance,” said Bahram Akradi, Founder, Chairman and CEO.
Life Time also unveiled a $500 million share repurchase authorization and expects to complete at least $300 million in sale-leaseback transactions during 2026.
Center memberships totaled 822,380 as of December 31, 2025, up 1.3% from a year earlier, while average revenue per center membership increased 10.8% to $882. Net debt leverage improved to 1.6x from 2.3x the prior year.
During the fourth quarter, the company opened four new locations and added 10 centers for the full year, bringing its total network to 189 facilities.