Life Time Reports 14.3% Annual Revenue Growth and Launches $500M Buyback
Life Time Group reported fourth quarter revenue of $745.1 million, up 12.3%, and full-year revenue of $2,995.3 million, up 14.3%. Net income surged 230.6% to $123.0 million in Q4 and 139.2% to $373.7 million for the year, and a $500 million buyback was approved.
1. Financial Performance
In the three months ended December 31, 2025, total revenue rose 12.3% to $745.1 million, driven by higher membership dues and in-center offerings. Net income surged 230.6% to $123.0 million with diluted EPS of $0.54. For the full year, revenue increased 14.3% to $2,995.3 million, net income climbed 139.2% to $373.7 million, adjusted EBITDA grew 21.9% to $825.2 million, and adjusted diluted EPS reached $1.44.
2. Share Repurchase Program
The board approved a $500 million share repurchase program to enhance shareholder returns. Strong cash generation and a healthy balance sheet are expected to fund the buyback alongside club expansion, while keeping net leverage at or below the 2.0x target.
3. 2026 Expansion Plans
Management plans to add nearly as much new square footage in 2026 as opened in the prior two years combined, focusing on large-format athletic country clubs. The strategy aims to boost revenue and adjusted EBITDA through higher member engagement, optimized membership mix, and increased revenue per center membership.