---
schema_version: "secwatch.filing_event.v1"
accession: "0001869198-23-000031"
form_type: "8-K"
ticker: "LTH"
cik: "0001869198"
company_name: "Life Time Group Holdings, Inc."
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T16:55:47.592186+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Life Time Q1 revenue up 30% to $511M; Adj EBITDA $120M; raises FY guidance to $470-490M

## Summary
- Revenue $510.9M (+30.2% YoY); net income $27.5M vs loss of $38.0M in prior year.
- Adjusted EBITDA $120.1M (+195.8% YoY); raises full-year Adj EBITDA guidance to $470-490M from $440-460M.
- Center memberships grew 13.4% to 764,173; opened 3 new centers in Q1, plans 7 more in 2023.
- Completed sale-leaseback of $33M in Q1 and $45M in April; on track for $300M total in 2023.
- Q2 2023 guidance: revenue $560-570M, Adj EBITDA $124-126M; net income $19-20M.

## SEC filing metadata
- accession: 0001869198-23-000031
- form_type: 8-K
- ticker: LTH
- cik: 0001869198
- company_name: Life Time Group Holdings, Inc.
- filed_at: 2023-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1869198/000186919823000031/0001869198-23-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1869198/000186919823000031/lth-20230425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001869198-23-000031
- JSON: https://secwatch.observer/filing/0001869198-23-000031.json
- Plain text: https://secwatch.observer/filing/0001869198-23-000031.txt

## Key facts
- Earnings Releases
  Life Time Group Holdings, Inc. reported first quarter ended March 31, 2023 results: revenue $510.9 million, net income $27.5 million.
  - Period: first quarter ended March 31, 2023
  - Revenue: $510.9 million
  - Net income: $27.5 million
  - Result: reported results
  source text: Life Time Reports First Quarter Fiscal 2023 Financial Results • Revenue increased by 30.2% to $510.9 million from $392.3 million in the first quarter of 2022 • Net income increased to $27.5 million from a net loss of $38.0 million in the first quarter of 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1869198/000186919823000031/0001869198-23-000031-index.htm
- Earnings Releases
  Life Time Group Holdings, Inc. reported fiscal year ended December 31, 2023 results: revenue $2,200 – $2,300. Guidance raised.
  - Period: fiscal year ended December 31, 2023
  - Revenue: $2,200 – $2,300
  - Guidance: raised
  - Result: guidance update
  source text: Full-Year 2023 Guidance Year Ended Percent Year Ended December 31, 2023 Year Ended Change December 31, 2023 (Guidance as of December 31, 2022 (Using (Guidance as of ($ in millions) April 25, 2023) (Actual) midpoints) March 8, 2023) Revenue $2,200 – $2,300 $1,823 23% $2,200 – $2,300 Adjusted EBITDA $470 – $490 $282 70% $440 – $460 Rent $270 – $280 $245 12% $270 – $280
  evidence_url: https://www.sec.gov/Archives/edgar/data/1869198/000186919823000031/0001869198-23-000031-index.htm
- Earnings Releases
  Life Time Group Holdings, Inc. reported three months ended June 30, 2023 results: revenue $560 – $570, net income $19 – $20. Guidance initiated.
  - Period: three months ended June 30, 2023
  - Revenue: $560 – $570
  - Net income: $19 – $20
  - Guidance: initiated
  - Result: guidance update
  source text: Second Quarter 2023 Guidance Percent Three Months Ended Three Months Ended Change June 30, 2023 June 30, 2022 (Using ($ in millions) (Guidance) (Actual) midpoints) Revenue $560 – $570 $461 23% Net income (loss) $19 – $20 $(2) NM Adjusted EBITDA $124 – $126 $63 98%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1869198/000186919823000031/0001869198-23-000031-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.