Overview
Life Time Group Holdings, Inc. is a health, fitness and wellness company operating resort-style athletic country clubs and a digital platform, alongside athletic events. Its clubs combine fitness and group exercise with sports, pools, spa and recovery services, nutrition and dining, and programs for children and families. The company’s stated mission is to provide high-quality, welcoming experiences that empower people to live healthy and happy lives.[1][2][3]
Its operations are concentrated in North America: as of June 30, 2026, Life Time operated 195 centers across 32 U.S. states and one Canadian province.[1] For scale, it reported $2.995 billion in revenue for fiscal 2025 and more than 44,000 team members at year-end.[4][5] Founded in 1992, the company operates through Life Time, Inc. and its subsidiaries.[6][1] [1][2][3][4][5][6][3]
Products & services
Life Time offers month-to-month memberships that include base and signature options, reduced-rate qualified memberships, and on-hold memberships; a junior add-on is available for children 13 and younger. Signature memberships add access to select services and spaces, including small-group training and certain racquet-sport court time.[7][8][9][10][11]
Club services vary by location and include fitness equipment and group classes, pools, recovery spaces, tennis and pickleball, basketball, spa and café services, childcare and Kids Academy. Named offerings include Dynamic Personal Training and Dynamic Stretch; small-group formats Alpha, GTX, Ultra Fit, MB360, CTR and Hybrid XT; ARORA for members aged 55 and older; LT Games; and MIORA, a performance and longevity health offering. Life Time’s digital app provides livestreamed classes, remote goal-based personal training, nutrition and weight-loss support, and wellness content; its L•AI•C generative-AI companion provides personalized content and recommendations.[5][12][13][14][15][16][17][18]
For 2025, membership dues and enrollment fees accounted for 72.6% of Center revenue, with in-center revenue—including member services and café, spa and racquet-sport sales—accounting for 27.4%.[19] For the six months ended June 30, 2026, the respective shares were 72.2% and 27.8%; the company does not separately report revenue shares for individual named programs in these disclosures.[20][12] [7][8][9][10][11][5][12][13][14][15][16][17][18][19][19][20][20]
Geographic presence
As of June 30, 2026, Life Time Group Holdings operated 195 centers across 32 U.S. states and one Canadian province.[21] Its 2025 location table showed the largest state footprints in Texas (32 centers), Minnesota (23), Illinois (15), and New York (12); it also listed three centers in Ontario.[22] The company’s corporate headquarters are in Chanhassen, Minnesota.[23]
The company did not disclose revenue by country, state, or region in the reviewed filings; it reported one operating and reportable segment.[24] Its 2026 Q2 filing reported more than 52,000 team members, but did not provide an employee breakdown by geography.[25] [21][22][22][22][22][22][23][24][25]
Business segments
Life Time Group Holdings reports one operating and reportable segment, comprising its premium health, fitness, and wellness business delivered through athletic country clubs, a digital platform, and athletic events. Accordingly, this single segment represents 100% of the company’s reported segment activity; the company does not report separate segments for clubs, digital services, or events.[26][24]
The company also discloses revenue categories that are not separate reportable segments: Center revenue and Other revenue, with Center revenue further divided into membership dues and enrollment fees, and in-center revenue. In-center activities include personal training, aquatics and kids programming, member services, cafés, spas, and tennis and pickleball programs.[27][20][12] [26][24][27][20][12]
Company history
Life Time Group Holdings was founded by Bahram Akradi in 1992, when its first club opened in Brooklyn Park, Minnesota. Akradi became CEO and board chair in 1996. The company expanded beyond Minnesota, opening its first out-of-state club in Michigan in 1999; later milestones included assuming operations of Northwest health clubs in 2006, acquiring several athletic events in 2010, and opening its first international club in Ontario in 2012.[28][29]
The company went public on the New York Stock Exchange in 2004, then was acquired by affiliates of Leonard Green & Partners and TPG in 2015 and taken private. It continued expanding into new markets, opening its first Manhattan club in 2016, and changed its name from Life Time Fitness to Life Time in 2017. It launched Life Time Work in 2018 and announced Life Time Living in 2019. Life Time returned to public markets in October 2021, listing on the NYSE under the ticker LTH.[29][30][31][32][33] [28][30][31][29][32][33][29][32][33]
Sources
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