Life Time Group Holdings, Inc. (LTH) Q2 2025 Earnings Call Transcript

Life Time Group Holdings, Inc. (NYSE:LTH) Q2 2025 Earnings Conference Call August 5, 2025 10:00 AM ET

Company Participants

Bahram Akradi – Founder, Chairman & CEO
Connor Wienberg – Corporate Participant
Erik Weaver – EVP & CFO

Conference Call Participants

Alexander Thomas Perry – BofA Securities, Research Division
Brian William Nagel – Oppenheimer & Co. Inc., Research Division
Chris Jon Woronka – Deutsche Bank AG, Research Division
Eric Des Lauriers – Craig-Hallum Capital Group LLC, Research Division
John Edward Heinbockel – Guggenheim Securities, LLC, Research Division
Logan Paul Reich – RBC Capital Markets, Research Division
Molly Rose Baum – Morgan Stanley, Research Division
Owen Ray Rickert – Northland Capital Markets, Research Division

Operator

Greetings. Welcome to the Life Time Group Holdings Inc. Second Quarter 2025 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce Connor Wienberg, Vice President of Capital Markets and Investor Relations. Thank you. You may begin.

Connor Wienberg

Good morning, and thank you for joining us for the Second Quarter 2025 Life Time Group Holdings Earnings Conference Call. With me today are Bahram Akradi, Founder, Chairman and CEO; and Erik Weaver, Executive Vice President and CFO. During the call, we will make forward-looking statements, which involve a number of risks and uncertainties that may cause actual results to differ materially from those forward-looking statements made today.

There is a comprehensive discussion of risk factors in the company’s SEC filings, which you are encouraged to review. The company will also discuss certain non-GAAP financial measures, including adjusted net income, adjusted EBITDA, adjusted diluted EPS, net debt to adjusted EBITDA or what we refer to as net debt leverage ratio and free cash flow. This information, along with the reconciliations to the most directly comparable GAAP measures are included when applicable in the company’s earnings release