Quarterly ResultMay 5, 2026, 06:57 AM
Life Time Q1 Revenue +11.7% to $788.7M; Net Income +15.7% to $88.1M
AI Summary
Life Time Group Holdings reported strong first-quarter 2026 results, with total revenue increasing 11.7% to $788.7 million and net income rising 15.7% to $88.1 million compared to the prior year. Diluted EPS grew to $0.39 from $0.34. The company also initiated a $500 million share repurchase program, buying back $10.7 million in shares during the quarter, and saw a significant reduction in interest expense.
Key Highlights
- Total revenue increased 11.7% to $788.7 million for Q1 2026.
- Net income rose 15.7% to $88.1 million in Q1 2026.
- Diluted earnings per share grew to $0.39 from $0.34 year-over-year.
- Center revenue increased to $767.6 million from $685.7 million.
- Net cash provided by operating activities was $198.8 million, up from $183.9 million.
- Approved a $500 million share repurchase program, repurchasing $10.7 million in Q1.
- Interest expense, net, decreased to $15.7 million from $25.1 million.
- Capital expenditures increased to $260.0 million from $142.5 million.