Life Time (US:LTH) Prnewswire·2025-11-04 11:45Core Insights - Life Time Group Holdings, Inc. reported strong financial results for the third quarter of fiscal 2025, with significant growth in revenue and net income, reflecting effective execution of its growth strategy [2][7][8]. Financial Performance - Total revenue for Q3 2025 reached $782.6 million, a 12.9% increase from $693.2 million in Q3 2024 [3][7]. - Net income surged to $102.4 million, marking a 147.3% increase compared to $41.4 million in the same quarter last year [3][7]. - Adjusted net income for Q3 2025 was $93.0 million, up 65.2% from $56.3 million in Q3 2024 [3][7]. - Adjusted EBITDA increased by 22.0% to $220.0 million from $180.3 million year-over-year [3][7]. Membership and Engagement - Center memberships at the end of Q3 2025 totaled 840,622, reflecting a 1.7% increase from 826,502 in Q3 2024 [3][8]. - Total subscriptions, including center memberships and on-hold memberships, rose to 891,225, a 1.7% increase compared to the previous year [8]. Operational Efficiency - Center operations expenses increased by 11.6% to $414.3 million, primarily due to costs associated with new and ramping centers [3][8]. - General, administrative, and marketing expenses rose by 3.6% to $59.8 million, driven by increased overhead to enhance member services [3][8]. Capital Expenditures and Cash Flow - Total capital expenditures for Q3 2025 were $222.5 million, a 155.5% increase from $87.1 million in Q3 2024 [9]. - Net cash provided by operating activities for the nine months ended September 30, 2025, was $630.7 million, a 53.1% increase compared to the prior year [8][25]. Future Outlook - The company raised its full-year 2025 revenue guidance to between $2,978 million and $2,988 million, reflecting a 13.8% increase from the previous year [12]. - The net income guidance for 2025 is set between $304 million and $306 million, indicating a 95.3% increase from the prior year [12].