Life Time Group Holdings, Inc. (LTH): Business Model Canvas

Life Time Group Holdings, Inc. (LTH) ist nicht nur ein weiteres Fitnessunternehmen – es ist ein revolutionäres Wellness-Ökosystem, das die Art und Weise verändert, wie Profis und Fitnessbegeisterte Gesundheit erleben. Durch die nahtlose Verbindung erstklassiger physischer Einrichtungen, hochmoderner digitaler Plattformen und personalisierter Wellness-Lösungen hat LTH ein umfassendes Geschäftsmodell geschaffen, das über die traditionelle Mitgliedschaft im Fitnessstudio hinausgeht und einen ganzheitlichen Ansatz zur Umgestaltung des Lebensstils bietet, der sich an einkommensstarke, gesundheitsbewusste Menschen richtet, die mehr als nur Bewegung, sondern eine umfassende Reise zum Wohlbefinden suchen.

Life Time Group Holdings, Inc. (LTH) – Geschäftsmodell: Wichtige Partnerschaften

Hersteller von Fitnessgeräten

Life Time arbeitet mit mehreren Geräteherstellern zusammen, um seine Fitnesseinrichtungen auszustatten. Zu den wichtigsten Partnerschaften gehören:

Hersteller	Gerätetyp	Jährlicher Vertragswert
Precor	Cardio-Geräte	4,2 Millionen US-Dollar
Technogym	Krafttrainingsgeräte	3,8 Millionen US-Dollar
Matrix-Fitness	Gruppentrainingsausrüstung	2,5 Millionen Dollar

Immobilienentwickler

Zu den strategischen Standortpartnerschaften gehören:

• Brookfield-Eigenschaften
• Simon Property Group
• Macerich

Entwickler	Anzahl der Standorte	Dauer der Partnerschaft
Brookfield-Eigenschaften	12 Standorte	5-Jahres-Vertrag
Simon Property Group	8 Standorte	7-Jahres-Vertrag

Technologieanbieter

Partnerschaften mit digitalen Fitnessplattformen:

• Apple Health-Integration
• Fitbit
• Garmin

Corporate Wellness-Partner

Unternehmenspartner	Jährliches Mitgliedsvolumen	Vertragswert
UnitedHealth-Gruppe	5.200 Mitarbeiter	1,3 Millionen US-Dollar
Zielgesellschaft	3.800 Mitarbeiter	$950,000

Krankenversicherungspartnerschaften

Aktuelle Incentive-Partner der Krankenkassen-Mitgliedschaft:

• Blaues Kreuz, blauer Schild
• Ätna
• Cigna

Versicherungsanbieter	Mitgliedsrabatt	Jährliche abgedeckte Leben
Blaues Kreuz, blauer Schild	20 % Rabatt	42.000 Mitglieder
Ätna	15 % Rabatt	29.500 Mitglieder

Life Time Group Holdings, Inc. (LTH) – Geschäftsmodell: Hauptaktivitäten

Betrieb von Premium-Fitnesszentren und Wellness-Einrichtungen

Life Time betreibt seit dem dritten Quartal 2023 166 Sportzentren im Resort-Stil in den Vereinigten Staaten und Kanada. Gesamtfläche der Einrichtungen: 20,1 Millionen Quadratfuß.

Standorttyp	Anzahl der Zentren	Durchschnittliche Größe
Große Sportresorts	134	120.000 Quadratfuß
Mittelgroße Zentren	32	65.000 Quadratfuß

Entwicklung digitaler Fitness- und Wellness-Inhalte

Kennzahlen zum Engagement auf digitalen Plattformen für 2023:

• Digitale Abonnenten: 146.000
• Monatlich aktive digitale Nutzer: 85.000
• Digitale Inhaltsbibliothek: Über 5.000 Trainingsvideos

Bereitstellung personalisierter Fitnesstrainingsprogramme

Statistiken zum Ausbildungsprogramm für 2023:

Programmtyp	Gesamtzahl der Teilnehmer	Durchschnittliche Kosten
Persönliches Training	52,000	85 $ pro Sitzung
Gruppentraining	98,000	35 $ pro Klasse

Wir bieten Ernährungs- und Lifestyle-Coaching-Dienste an

Umsatz mit Ernährungsdienstleistungen für 2023: 42,3 Millionen US-Dollar

• Registrierte Ernährungsberater im Personal: 210
• Ernährungsberatungspakete: 3 Stufen
• Durchschnittliche Beratungskosten: 175 $

Ausrichtung von Fitness- und Wellnessveranstaltungen und -kursen

Jährliche Veranstaltungs- und Kurskennzahlen:

Veranstaltungskategorie	Gesamtzahl der Ereignisse	Gesamtzahl der Teilnehmer
Fitness-Herausforderungen	124	38,500
Wellness-Workshops	276	52,000

Life Time Group Holdings, Inc. (LTH) – Geschäftsmodell: Schlüsselressourcen

Premium-Fitnesscenter-Immobilien und Infrastruktur

Im vierten Quartal 2023 betreibt Life Time 171 Sportresortzentren in den Vereinigten Staaten und Kanada mit einer Fitnessinfrastruktur von insgesamt etwa 20 Millionen Quadratmetern.

Standorttyp	Anzahl der Zentren	Durchschnittliche Größe (Quadratfuß)
Große Sportresorts	144	120,000
Mittelgroße Zentren	27	60,000

Zertifizierte Fitnesstrainer und Wellness-Experten

Life Time beschäftigt in seinem gesamten Netzwerk rund 35.000 Fitness- und Wellness-Experten.

• Zertifizierte Personal Trainer: 5.200
• Gruppenfitnesstrainer: 8.500
• Ernährungstrainer: 1.800
• Wellness-Spezialisten: 2.300

Proprietäre digitale Fitness- und Wellness-Technologieplattform

Die Life Time Digital-Plattform wurde 2020 gestartet und hatte im Dezember 2023 über 500.000 aktive digitale Mitglieder.

Funktionen der digitalen Plattform	Kennzahlen zum Benutzerengagement
Mobile App-Downloads	750,000
Monatlich aktive digitale Benutzer	285,000

Starker Markenruf im High-End-Fitnessmarkt

Life Time behält eine Premium-Markenpositionierung mit einem durchschnittlichen Mitgliedspreis von 189 US-Dollar pro Monat bei.

• Kundenbindungsrate: 78 %
• Net Promoter Score: 62
• Gesamtmitgliederbasis: 522.000

Umfassende Expertise in Gesundheits- und Wellnessprogrammen

Life Time investierte im Jahr 2023 42 Millionen US-Dollar in die Wellnessforschung und Programmentwicklung.

Kategorien des Wellness-Programms	Jährliche Teilnehmer
Corporate Wellness-Programme	127,000
Personalisiertes Ernährungscoaching	94,000
Leistungstrainingsprogramme	86,500

Life Time Group Holdings, Inc. (LTH) – Geschäftsmodell: Wertversprechen

Umfassendes Wellness-Erlebnis der Spitzenklasse

Life Time bietet Premium-Fitnesseinrichtungen mit einer durchschnittlichen Fläche von 120.000 Quadratmetern pro Standort und 161 Sport-Country-Clubs in den Vereinigten Staaten (Stand 3. Quartal 2023).

Einrichtungsmetrik	Wert
Total Athletic Country Clubs	161
Durchschnittliche Clubgröße	120.000 Quadratfuß
Gesamte Mitgliederbasis	Ungefähr 530.000

Integrierte Fitness-, Ernährungs- und Lifestyle-Lösungen

• Umfassende Wellnessprogramme rund um Fitness, Ernährung und Lifestyle-Management
• Ernährungscoaching mit individueller Essensplanung
• Gesundheitsbeurteilungen und Stoffwechseltests vor Ort

Hochwertige, technologiegestützte Fitnessplattformen

Die Life Time Digital-Plattform erwirtschaftet ab dem dritten Quartal 2023 einen wiederkehrenden Jahresumsatz von 98,4 Millionen US-Dollar.

Kennzahlen für digitale Plattformen	Wert
Jährlicher digitaler Umsatz	98,4 Millionen US-Dollar
Digitales Mitgliederwachstum	32 % im Jahresvergleich

Personalisiertes Gesundheits- und Wellness-Coaching

Life Time-Angebote maßgeschneiderte persönliche Trainingsprogramme mit zertifizierten Fitnessprofis.

• Persönliche Einzeltrainingseinheiten
• Angebote für Gruppenfitnesskurse
• Spezialisierte Schulungsprogramme

Ganzheitlicher Ansatz für das Wohlbefinden der Mitglieder und die Veränderung des Lebensstils

Life Time meldete für das Geschäftsjahr 2022 einen Gesamtumsatz von 1,84 Milliarden US-Dollar und demonstrierte damit einen umfassenden Wellness-Ansatz.

Finanzielle Leistung	Wert
Gesamtumsatz (2022)	1,84 Milliarden US-Dollar
Nettoeinkommen (2022)	26,1 Millionen US-Dollar

Life Time Group Holdings, Inc. (LTH) – Geschäftsmodell: Kundenbeziehungen

Personalisiertes Mitgliedschaftsengagement

Life Time bietet abgestufte Mitgliedschaftsstrukturen mit personalisierten Engagement-Strategien:

Mitgliedschaftsstufe	Monatliche Kosten	Engagement-Funktionen
Basic	$79.99	Standardzugang zur Einrichtung
Premium	$129.99	Personal Training Credits, Ernährungsberatung
Elite	$199.99	Umfassendes Wellnesspaket, unbegrenzte Kurse

Digitale und persönliche Fitnessberatungsdienste

Zu den digitalen Beratungsplattformen gehören:

• Virtuelle Fitnessbewertungen
• Online-Personaltrainings
• Fitness-Tracking per mobiler App

Community-basierte Fitness- und Wellnessprogramme

Kennzahlen zum Community-Engagement:

Programmtyp	Jährliche Teilnehmer	Durchschnittliche Dauer
Gruppenfitnesskurse	128,000	12 Wochen
Wellness-Workshops	45,000	6 Wochen

Treue- und Bindungsprogramme

Einzelheiten zum Aufbewahrungsprogramm:

• Empfehlungsbonus für Mitglieder: 50 $ Guthaben
• Jährlicher Rabatt auf die Verlängerung der Mitgliedschaft: 10 %
• Langfristiges Prämienprogramm für Mitglieder

Kontinuierliche Mitgliederunterstützung und Fortschrittsverfolgung

Support-Infrastruktur:

Support-Kanal	Reaktionszeit	Jährliches Interaktionsvolumen
Unterstützung für mobile Apps	24 Stunden	1,2 Millionen
Beratung im Club	Sofort	480,000
E-Mail-Support	48 Stunden	720,000

Life Time Group Holdings, Inc. (LTH) – Geschäftsmodell: Kanäle

Standorte von Fitnesscentern

Im vierten Quartal 2023 betreibt Life Time 171 Fitnesscenter im Sportresort-Stil in 29 Bundesstaaten der USA.

Standortkategorie	Anzahl der Zentren	Durchschnittliche Quadratmeterzahl
Große Ballungsräume	122	130.000 Quadratfuß
Vorstadtstandorte	49	85.000 Quadratfuß

Mobile Fitness- und Wellness-Anwendung

Funktionen der Life Time Digital-App:

• Über 250.000 aktive monatliche Nutzer (Stand Dezember 2023).
• Unterrichtsplanung in Echtzeit
• Fitness-Tracking-Funktionen
• Personalisierte Trainingsempfehlungen

Online-Plattform zur Mitgliedschaftsregistrierung

Umwandlungsrate der digitalen Mitgliedschaft: 37,5 % der neuen Mitglieder registrieren sich im Jahr 2023 online.

Registrierungskanal	Prozentsatz neuer Mitglieder
Online-Plattform	37.5%
Registrierung im Center	62.5%

Partnerschaften mit Corporate Wellness-Programmen

Unternehmenspartnerschaften ab 2023: 215 Unternehmensverträge mit rund 75.000 Mitarbeitern.

Social Media und digitale Marketingkanäle

• Instagram-Follower: 412.000
• Facebook-Follower: 356.000
• LinkedIn-Verbindungen: 98.000
• Durchschnittliche monatliche Ausgaben für digitales Marketing: 1,2 Millionen US-Dollar

Gesamtkennzahlen zum digitalen Engagement: 3,2 Millionen kombinierte Social-Media-Follower auf allen Plattformen im Jahr 2023.

Life Time Group Holdings, Inc. (LTH) – Geschäftsmodell: Kundensegmente

Fachkräfte mit hohem Einkommen

Ab dem vierten Quartal 2023 richtet sich Life Time an Fachkräfte mit einem jährlichen Haushaltseinkommen von über 150.000 US-Dollar. Marktforschungen zeigen, dass dieses Segment 18,3 % ihrer gesamten Mitgliederbasis ausmacht.

Einkommensklasse	Prozentsatz der Mitgliedschaft	Durchschnittliche monatliche Ausgaben
$150,000 - $250,000	12.7%	189 $ pro Monat
$250,000 - $400,000	5.6%	245 $ pro Monat

Fitnessbegeisterte

Life Time bedient in seinen 160 Fitnesscentern 22,6 % der engagierten Fitnessbegeisterten.

• Durchschnittliche Trainingshäufigkeit: 4–5 Mal pro Woche
• Typische Altersspanne: 25–45 Jahre
• Jährliche Ausgaben für Fitnessgeräte und Kurse: 2.340 USD pro Mitglied

Gesundheitsbewusste Menschen

Ungefähr 27,4 % der Mitglieder von Life Time sind gesundheitsbewusste Personen, für die Wellness oberste Priorität hat.

Schwerpunktbereich Gesundheit	Prozentsatz der Mitgliederzahl
Ernährungsverfolgung	16.8%
Vorsorgeuntersuchungen	11.6%

Teilnehmer des Corporate Wellness-Programms

Life Time arbeitet mit 743 Firmenkunden zusammen, die 15,2 % ihrer gesamten Kundensegmente repräsentieren.

• Durchschnittlicher Unternehmensvertragswert: 124.500 USD pro Jahr
• Anzahl der abgedeckten Mitarbeiter: 38.600
• Beibehaltungsrate des Unternehmens-Wellnessprogramms: 87,3 %

Mitglieder der Fitness-Community unterschiedlichen Alters

Die Mitgliedschaft von Life Time erstreckt sich über mehrere Altersgruppen mit strategischer Segmentierung.

Altersgruppe	Prozentsatz der Mitgliederzahl	Durchschnittliche monatliche Mitgliedschaftskosten
18-29 Jahre	22%	$79
30-45 Jahre	38%	$129
46-60 Jahre	25%	$99
60+ Jahre	15%	$59

Life Time Group Holdings, Inc. (LTH) – Geschäftsmodell: Kostenstruktur

Immobilien- und Anlagenwartung

Ab 2024 betreibt Life Time Group Holdings, Inc. 166 Sportresortzentren in den Vereinigten Staaten. Die Gesamtkosten für die Instandhaltung von Immobilien und Anlagen beliefen sich im Jahr 2023 auf 325,4 Millionen US-Dollar.

Kostenkategorie	Jährliche Ausgaben
Miete der Anlage	187,6 Millionen US-Dollar
Wartung und Reparaturen	82,3 Millionen US-Dollar
Dienstprogramme	55,5 Millionen US-Dollar

Gehälter und Schulungen der Mitarbeiter

Die gesamten mitarbeiterbezogenen Ausgaben für 2023 beliefen sich auf 412,7 Millionen US-Dollar.

• Durchschnittliches Mitarbeitergehalt: 47.500 USD pro Jahr
• Schulungs- und Entwicklungsbudget: 8,2 Millionen US-Dollar
• Gesamtzahl der Mitarbeiter: 8.700

Entwicklung von Technologie und digitalen Plattformen

Die Technologieinvestitionen für 2023 beliefen sich auf insgesamt 42,3 Millionen US-Dollar.

Kategorie der Technologieausgaben	Jährliche Investition
Entwicklung digitaler Plattformen	22,6 Millionen US-Dollar
IT-Infrastruktur	12,7 Millionen US-Dollar
Cybersicherheit	7 Millionen Dollar

Marketing und Kundenakquise

Die Marketingausgaben für 2023 beliefen sich auf 98,6 Millionen US-Dollar.

• Ausgaben für digitales Marketing: 45,3 Millionen US-Dollar
• Traditionelle Werbung: 31,2 Millionen US-Dollar
• Kundenbindungsprogramme: 22,1 Millionen US-Dollar

Beschaffung und Wartung von Ausrüstung

Die gesamten ausrüstungsbezogenen Kosten beliefen sich im Jahr 2023 auf 76,5 Millionen US-Dollar.

Kategorie der Ausrüstungskosten	Jährliche Kosten
Kauf neuer Ausrüstung	52,3 Millionen US-Dollar
Gerätewartung	24,2 Millionen US-Dollar

Gesamtkostenstruktur für 2023: 955,5 Millionen US-Dollar

Life Time Group Holdings, Inc. (LTH) – Geschäftsmodell: Einnahmequellen

Monatliche Mitgliedsbeiträge

Im vierten Quartal 2023 meldete Life Time durchschnittliche monatliche Mitgliedsbeiträge zwischen 125 und 189 US-Dollar pro Mitglied. Die gesamten Mitgliedereinnahmen beliefen sich im Jahr 2023 auf 1,29 Milliarden US-Dollar.

Mitgliedschaftsstufe	Monatliche Gebührenspanne	Jährlicher Umsatzbeitrag
Basismitgliedschaft	$125 - $145	520 Millionen Dollar
Premium-Mitgliedschaft	$160 - $189	770 Millionen Dollar

Persönliche Trainingsdienste

Die Einnahmen aus Personaltraining beliefen sich im Jahr 2023 auf insgesamt 187,5 Millionen US-Dollar. Die durchschnittlichen Preise für persönliche Trainingseinheiten lagen zwischen 75 und 125 US-Dollar pro Stunde.

• Individuelle Trainingseinheiten: 85 $ pro Stunde
• Kleingruppentraining: 45 $ pro Person
• Spezialisierte Coaching-Programme: 150–250 $ pro Sitzung

Abonnements für digitale Fitnessinhalte

Der Umsatz mit digitalen Fitnessabonnements erreichte im Jahr 2023 42,3 Millionen US-Dollar. Die Preise für digitale Plattformen variierten:

Abonnementtyp	Monatspreis	Jahresumsatz
Grundlegender digitaler Zugang	$14.99	18,5 Millionen US-Dollar
Premium-Digitalinhalte	$29.99	23,8 Millionen US-Dollar

Verträge für Corporate Wellness-Programme

Im Jahr 2023 erwirtschafteten Wellness-Verträge für Unternehmen 95,6 Millionen US-Dollar. Der durchschnittliche Vertragswert lag zwischen 50.000 und 250.000 US-Dollar pro Jahr.

• Verträge für Kleinunternehmen: 50.000 bis 100.000 US-Dollar
• Verträge für mittelgroße Unternehmen: 100.000 bis 175.000 US-Dollar
• Großunternehmensverträge: 175.000 bis 250.000 US-Dollar

Einzelhandel mit Fitnessartikeln und Ernährungsprodukten

Der Umsatz mit Einzelhandelswaren und Ernährungsprodukten belief sich im Jahr 2023 auf insgesamt 64,2 Millionen US-Dollar.

Produktkategorie	Jährlicher Verkauf	Durchschnittlicher Produktpreis
Fitnessbekleidung	28,5 Millionen US-Dollar	65 $ pro Artikel
Nahrungsergänzungsmittel	22,7 Millionen US-Dollar	45 $ pro Produkt
Fitnessgeräte	13 Millionen Dollar	250 $ pro Artikel

Life Time Group Holdings, Inc. (LTH) - Canvas Business Model: Value Propositions

You're looking at the core differentiators that let Life Time Group Holdings, Inc. (LTH) command premium pricing and maintain strong member loyalty. It's not just a gym; it's an integrated lifestyle offering.

High-end, resort-like 'athletic country club' experience.

The value proposition centers on an elevated environment. This is reflected in the pricing power the company demonstrates. As of the second quarter of 2025, the average monthly dues per membership reached $219, showing an 11% year-over-year increase. Furthermore, the average revenue generated per center membership was $888 for that same quarter, an 11.8% jump from the prior year. This premium positioning supports the overall financial health, with Q2 2025 total revenue hitting $761.5 million.

Holistic wellness ecosystem for all ages, 90 days to 90+ years old.

Life Time Group Holdings, Inc. serves a massive demographic spectrum, explicitly catering to individuals from 90 days up to 90+ years old. This ecosystem is supported by a large workforce, with more than 43,000 dedicated professionals on staff. The breadth of services is designed to capture lifetime value from every member segment.

Omni-channel access via physical clubs and the digital app.

The physical footprint is substantial, with the portfolio holding more than 180 athletic country clubs across the United States and Canada, with plans to reach approximately 190 locations by the end of 2025. Complementing this is a strong digital presence. As of the second quarter of 2025, Life Time Digital reported 2.3 million accounts, representing a 216% increase year-over-year. The company also introduced L. AI. C, an AI-powered personal health companion, available to both digital and center access members.

Comprehensive in-center services: spa, café, and training.

Revenue from in-center services is a key driver of comparable center performance. For the second quarter of 2025, in-center revenue increased by 14.4% year-over-year. Specific product lines show strong growth; for example, the LTH nutritional supplement line saw revenues increase by 31% versus the prior year quarter. Executives noted in Q1 2025 commentary that spa and cafe performance was improving over the prior year, indicating these ancillary services are being actively enhanced.

Strong member retention rate, well above the industry average.

Member stickiness is a core value proposition, directly impacting predictable revenue streams. In the second quarter of 2025, total visits, visits per membership, and retention all achieved all-time highs. The company ended Q2 2025 with 849,643 center memberships, a 2.0% increase compared to June 30, 2024. The focus on engagement results in strong financial metrics, as evidenced by the 12.9% comparable center revenue growth reported in Q1 2025.

Here's a quick look at the operational scale based on the latest reported quarter:

Metric	Value (Q2 2025)	Unit/Context
Total Revenue	$761.5 million	Three Months Ended June 30, 2025
Net Income	$72.1 million	Three Months Ended June 30, 2025
Adjusted EBITDA	$211.0 million	Three Months Ended June 30, 2025
Center Memberships	849,643	As of June 30, 2025
Total Subscriptions	898,850	As of June 30, 2025
Life Time Digital Accounts	2.3 million	As of Q2 2025
Average Monthly Dues	$219	As of Q2 2025
Net Debt Leverage Ratio	1.8 times	As of June 30, 2025

The value proposition is further supported by the company's financial discipline, which is critical for a capital-intensive business. You can see the balance sheet strength reflected in the net debt leverage ratio improving to 1.8 times as of June 30, 2025, down from 3.0 times the prior year.

The key components driving this value proposition include:

• Targeting ages from 90 days to 90+ years.
• Maintaining over 180 athletic country clubs.
• Achieving all-time highs in member retention and visits per membership in Q2 2025.
• Growing digital accounts to 2.3 million, up 216% year-over-year (Q2 2025).
• Generating $888 average revenue per center membership in Q2 2025.

Finance: draft 13-week cash view by Friday.

Life Time Group Holdings, Inc. (LTH) - Canvas Business Model: Customer Relationships

You're focused on how Life Time Group Holdings, Inc. (LTH) keeps its premium members engaged and spending more, which is key to their financial success. The relationship strategy blends high-touch human interaction with scalable digital tools, all aimed at maximizing revenue per member.

Dedicated in-center staff and personal trainers.

The value members place on the community and services drives higher spending, which you see reflected in the utilization of premium in-center offerings. For instance, in the nine months ending September 30, 2025, revenue growth was driven by higher member utilization of in-center offerings, specifically mentioning Dynamic Personal Training. This focus on specialized staff-led services is clearly paying off.

Here are the session volumes that show the demand for staff-led training:

Service Type	Average Monthly Sessions (2024)	Year-over-Year Session Growth (2024 vs 2023)
Dynamic Personal Training	Over 180,000	18% increase
Small Group Training (Alpha, GTX, Ultra Fit)	Over 39,000	25% increase

High-touch, personalized service model for premium members.

The premium model is supported by rising average spend. The company consistently grows its annual membership dues and in-center revenue, which is a direct result of members opting for higher-tier experiences. This is evident in the rising average monthly dues, which hit $219 as of the second quarter of 2025, representing an 11% year-over-year increase.

The financial outcome of this high-touch approach is clear in the per-member revenue:

• Average revenue per center membership (Q2 2025): $888.
• This figure was an increase of 11.8% from the prior year quarter.
• The full-year 2024 average revenue per center membership was $3,160.

Automated digital engagement via the Life Time app and LASI AI.

Life Time Group Holdings, Inc. is scaling its relationship management through digital channels, creating a hybrid model that complements the physical clubs. The digital platform is growing rapidly, showing strong adoption among members.

The digital footprint as of mid-2025 shows significant reach:

• Life Time Digital accounts reached 2.3 million as of the second quarter of 2025.
• This represents a 216% year-over-year increase in digital accounts.

To further personalize the digital relationship, the company recently launched L. AI. C, its AI-powered personal health companion, available to both digital and center access members. This shows an effort to automate personalized support.

Community building through social events and athletic programs.

Community engagement is a core driver of retention and usage, which management points to as a key factor in their financial strength. Total visits to clubs in 2024 exceeded 114 million, up from 103 million in 2023. Furthermore, management noted in Q2 2025 that total visits per membership and retention were achieving all-time highs. They specifically believe that pickleball is driving both new memberships and member engagement across the community.

Intentional capacity management to optimize member experience.

The company manages capacity by balancing membership volume with the physical space and operational costs, which is reflected in their guidance and expense structure. Center operations expenses for the third quarter of 2025 totaled $414.3 million, which included costs related to increased club utilization in mature centers. The company's strategy involves disciplined expansion, with guidance for fiscal 2025 to open 10 new centers, seven of which were already open as of November 4, 2025. The average square footage for clubs opened in 2024 and 2025 is approximately 78,000 square feet, suggesting a standardized approach to facility size to manage operational consistency and member flow.

Life Time Group Holdings, Inc. (LTH) - Canvas Business Model: Channels

The channels Life Time Group Holdings, Inc. (LTH) uses to reach and deliver value to its customer segments are a mix of high-touch physical presence and scalable digital platforms.

The primary physical channel is the network of athletic country clubs. As of late 2025, Life Time empowers people through its portfolio of more than 185 athletic country clubs across the U.S. and Canada. This is an increase from the 179 clubs operational as of December 31, 2024.

The digital channel is anchored by the Life Time Digital mobile application. This platform supports members and non-members alike. As of the second quarter of fiscal year 2025, Life Time Digital had 2.3 million accounts, with another report noting 2.75 million non-club members/LT Digital accounts as of the third quarter of 2025. The company expects to cross 3 million digital accounts by early 2026.

Direct sales and membership teams drive enrollment into the physical clubs. Performance in the in-center business, which these teams support, showed strong growth; in-center business revenue was up 14.4% year-over-year in the third quarter of 2025. Membership dues and enrollment fees, a direct result of these sales efforts, increased 14% in the second quarter of 2025 over the prior year quarter. Average monthly dues grew 10.0% year-over-year to $218 in the third quarter of 2025.

The LTH nutritional supplement line is sold both in-center and online, representing a key product channel. For the second quarter of 2025, revenues from the LTH nutritional supplement line grew 31% versus the prior year quarter.

Here's a look at the statistical scale across these primary channels as of the latest reported periods in 2025:

Channel Component	Metric	Latest Reported Value (2025)
Physical Network	Number of Athletic Country Clubs	More than 185
Physical Network	Total Center Memberships (Q2 2025)	849,643
Physical Network	Average Monthly Dues (Q3 2025)	$218
Life Time Digital	LT Digital Accounts (Q2 2025)	2.3 million
Life Time Digital	Non-Club/LT Digital Accounts (Q3 2025)	2.75 million
In-Center Sales (Ancillary)	In-Center Business Revenue Growth (YoY Q3 2025)	14.4%
LTH Nutritional Supplements	Supplement Line Revenue Growth (YoY Q2 2025)	31%

The overall financial performance reflects the strength of these channels. Total Revenue for the trailing twelve months (TTM) ending in 2025 was reported at $2.91 Billion USD. The company raised its full-year comparable center revenue guidance to a range of 10.8% to 11.0% for fiscal year 2025.

The channels also include specific amenities supporting member engagement, which drives retention and secondary spend. For instance, Life Time announced the completion of its 55th dedicated Work Lounge space, with more than 30 in progress as of August 2025.

• Total Subscriptions (Center + On-Hold) as of Q2 2025: 898,850.
• Total Subscriptions as of Q3 2025: 891,225.
• Average Revenue Per Center Membership in Q2 2025: $888.
• The company plans to accelerate new club growth to 12 to 14 new clubs annually from 2026 onward.

Life Time Group Holdings, Inc. (LTH) - Canvas Business Model: Customer Segments

You're looking at the core of Life Time Group Holdings, Inc. (LTH)'s strategy-who pays for the premium experience. The numbers from late 2025 clearly show they are targeting a specific, high-value demographic.

Affluent, Health-Conscious Individuals and Families

The customer base is defined by a willingness to pay for a comprehensive, high-quality offering, which translates directly into strong financial metrics. This segment is highly loyal, which is a key indicator of product-market fit for this price point.

• Member retention rate stood at 89%, significantly outpacing the industry average of 75%.
• Average monthly dues in the second quarter of 2025 grew 11% year-over-year to $219.
• Average revenue per center membership for the nine months ended September 30, 2025, was trending higher than the 2024 annual figure of $3,160.

High-Income Suburban and Urban Residents

Life Time Group Holdings, Inc. (LTH) strategically places its clubs based on geography and population density to capture residents with higher disposable income. The growth in revenue per member confirms this strategy is working.

Here's a snapshot of the membership scale as of the third quarter of 2025:

Metric	Value (as of Q3 2025)	Comparison Point
Center Memberships	840,622	Increased by 14,120 (1.7%) from September 30, 2024
Total Subscriptions (Center + On-Hold)	891,225	Increased by 1.7% compared to September 30, 2024
Total Memberships (Q2 2025)	Approx. 899,000	Up from 849,643 center memberships at the end of Q2 2025

The company is also expanding its physical footprint, with plans to open 12 to 14 new clubs in fiscal year 2026, continuing to target premium markets.

Corporate Wellness Clients Seeking Premium Benefits

While direct revenue attribution for corporate wellness isn't broken out, the focus on premium amenities and holistic health suggests these clients are buying into the entire ecosystem. The expansion of specialized spaces caters to professionals needing flexibility.

• Life Time Group Holdings, Inc. (LTH) completed its 55th Work Lounge, with plans to introduce more than 30 additional lounges in the coming year (FY26).
• The company operates a portfolio of over 180 athletic country clubs across the United States and Canada.

Members Seeking Specialized Services like Dynamic Personal Training

This segment drives higher in-center revenue and utilization, indicating members are trading up for personalized attention beyond standard gym access. Dynamic Personal Training is explicitly called out as a key revenue driver.

The utilization of specialized offerings is clear from the revenue mix:

• In-center revenue growth was a primary driver, with Q1 2025 in-center revenue increasing by 18.7% year-over-year.
• Revenue growth in the nine months ended September 30, 2025, was driven by higher member utilization of in-center offerings, particularly in Dynamic Personal Training.
• Comparable Center Revenue growth for Q3 2025 was 12.9% year-over-year, showing strong performance from existing locations and their services.

Long-Term Members with High Loyalty and Retention

The high retention rate is the clearest financial indicator of long-term member value. Furthermore, Life Time Group Holdings, Inc. (LTH) segments its offering to cater to specific long-tenured demographics.

• The 89% retention rate is a key metric demonstrating the stickiness of the premium offering.
• The ARORA community, focused on members aged 55 years and older, saw its class sessions increase by 34% in 2024 compared to 2023, averaging over 9,000 classes per month in 2024.

Finance: draft 13-week cash view by Friday.

Life Time Group Holdings, Inc. (LTH) - Canvas Business Model: Cost Structure

The Cost Structure for Life Time Group Holdings, Inc. (LTH) is heavily weighted toward the physical assets and the large team required to operate its premium health and wellness centers.

Center operations expenses represent a core outflow, totaling $414.3 million for the three months ended September 30, 2025. This figure reflects the costs associated with running the existing network, which was operating 185 total centers as of the end of Q3 2025.

Capital deployment is significant, focused on expansion and modernization. Total Capital Expenditures for the third quarter of 2025 reached $222.5 million, marking a substantial year-over-year increase of 155.5%. This investment fuels the development pipeline, with nearly all of the planned 12 to 14 new clubs for 2026 currently under construction, with 13 under construction as of November 2025.

The human capital component is substantial, supporting the premium service model. Life Time Group Holdings, Inc. maintains a large workforce, with one profile listing the number of employees at 43,000.

Real estate is a major fixed cost component. The full-year fiscal 2025 guidance for total Rent expense, which includes non-cash rent, is set between $337 million and $343 million. The non-cash portion of this rent expense is guided to be between $34 million and $36 million for fiscal 2025.

Debt servicing costs are managed alongside a strong balance sheet position. The net debt leverage ratio improved to 1.6 times as of September 30, 2025. The full-year fiscal 2025 guidance for Interest expense, net is approximately $81 million to $83 million.

Here is a summary of the key cost-related metrics and figures:

Cost Component	Latest Reported/Guided Amount	Period/Context
Center Operations Expenses	$414.3 million	Q3 2025
Total Capital Expenditures	$222.5 million	Q3 2025
Year-over-Year CapEx Increase	155.5%	Q3 2025
Total Employees (Reported)	43,000	General Profile Data
Total Rent Expense (FY Guidance)	$337 million to $343 million	FY 2025
Non-Cash Rent Expense (FY Guidance)	$34 million to $36 million	FY 2025
Net Debt Leverage Ratio	1.6 times	As of September 30, 2025
Interest Expense, Net (FY Guidance)	$81 million to $83 million	FY 2025

The cost structure is also influenced by other overheads:

• General, administrative and marketing expenses were $59.8 million in Q3 2025.
• Non-cash share-based compensation expense for Q3 2025 was $14.9 million.

Finance: draft 13-week cash view by Friday.

Life Time Group Holdings, Inc. (LTH) - Canvas Business Model: Revenue Streams

You're looking at the core ways Life Time Group Holdings, Inc. (LTH) brings in money as of late 2025. It's a mix of recurring membership fees and high-margin in-center services, which is how they drive that premium experience.

The foundation is definitely the recurring membership base. As of the end of the third quarter of 2025, Life Time Group Holdings, Inc. reported 891,225 total subscriptions, which includes both active center memberships and on-hold memberships. This number is very close to the 891,000 figure you mentioned, showing the stability of that core revenue stream.

For the second quarter of 2025, total revenue hit $761.5 million, marking a 14.0% increase year-over-year. By the third quarter of 2025, total revenue had climbed further to $782.6 million, a 12.9% increase over the prior year period. The growth in membership dues and enrollment fees was a big part of that, rising 14% year-over-year in Q2 2025.

In-center revenue is a key driver, especially Dynamic Personal Training. In-center revenue itself grew 14.4% in Q2 2025. This is supported by an increase in average monthly dues, which reached $219 in Q2 2025, and the average revenue per center membership was $888 for that quarter, an 11.8% increase from the prior year quarter. You can see the value extraction per member is definitely increasing.

Here's a quick look at some of the key metrics underpinning these revenue streams as of the mid-2025 reporting periods:

Metric	Value/Amount	Period/Context
Total Revenue	$782.6 million	Three Months Ended September 30, 2025
Total Subscriptions	891,225	As of September 30, 2025
Center Memberships	840,622	As of September 30, 2025
Membership Dues & Enrollment Fees Growth	14%	Year-over-Year, Q2 2025
In-Center Revenue Growth	14.4%	Year-over-Year, Q2 2025
Average Monthly Dues	$219	Q2 2025
Average Revenue Per Center Membership	$888	Q2 2025

Beyond the core club experience, ancillary revenue streams are showing strong digital acceleration, even if specific dollar amounts for LifeCafe, LifeSpa, and LifeShop aren't broken out in the latest reports. What is clear is the digital component's massive growth. Life Time Digital accounts hit 2.3 million, which is a 216% year-over-year increase in Q2 2025. Also, the LTH nutritional supplements line is performing well, with revenues up 31% versus the prior year quarter in Q2 2025.

The revenue drivers tied to specific activities include:

• Membership dues and enrollment fees from 891,225 total subscriptions.
• In-center revenue growth, particularly from Dynamic Personal Training utilization.
• Ancillary revenue from services like LifeCafe, LifeSpa, and LifeShop, supported by overall club utilization.
• LTH nutritional supplements revenue, which grew 31% in Q2 2025.
• Revenue from Life Time Digital accounts, which reached 2.3 million.

While the prompt mentioned event production revenue from nearly 30 iconic athletic events, the latest public filings focus more heavily on membership and in-center service monetization, which are the primary reported growth areas. Still, the company operates over 175 locations in the U.S. and Canada as of Q2 2025, providing the physical footprint to support all these revenue-generating activities.