Life Time Group Swings to Full Year Profit as Revenue Passes $2 Billion Mark

February 28, 2024

Life Time Group Holdings, Inc. reported that fourth-quarter revenue increased 18.2 percent to $558.8 million due to continued strong growth in membership dues and in-center revenue. Center memberships increased by 38,010, or 5.2 percent, in the quarter, when compared to December 31, 2022, and decreased sequentially from September 30, 2023 by 21,115, consistent with typical seasonality. Total subscriptions, which include center memberships and digital on-hold memberships, increased 4.9 percent from December 31, 2022 to 814,936. SGB