Description

Life Time’s $789 Million Quarter: Can Premium Membership Mix Keep Driving Growth?

Life Time Group Holdings, Inc. reported its financial results for the first quarter of 2026 with total revenue of $789 million, marking an 11.7% increase year-over-year. This growth was supported by strong performance across its portfolio, including higher dues revenue and robust utilization of in-center businesses. Comparable center revenue grew by 8.6%, slightly surpassing company expectations. Within this growth, improved membership mix contributed 3.5%, pricing changes added 3%, and in-center business utilization contributed an additional 2.3%. Membership volume exerted a slight negative impact of 0.2%, mainly due to a reduction in qualified medical memberships, which the company is strategically limiting given their lower average dues. The average monthly dues rose by 10.5% to $230, and average revenue per center membership increased by 10.2% to $930. The total center memberships ended at approximately 838,000, a 1.4% increase. Excluding qualified medical memberships, which declined by about 15,000 or 14.