Strong Revenue Growth
Total revenue increased 12.9% to $783 million with an average monthly dues growth of 10.0% year-over-year. Comparable center revenue grew 10.6%.
Significant Net Income Increase
Net income for the quarter was $102 million, an increase of 147% year-over-year, aided by a $5.7 million tax-effected gain on sale leasebacks and $16.2 million from employee retention credits.
Adjusted EBITDA and Margin Improvement
Adjusted EBITDA was $220 million, up 22%, with an adjusted EBITDA margin improvement of 210 basis points to 28.1%.
Membership and Engagement Growth
Total memberships reached approximately 891,000, and average monthly visits per membership rose 5.9% year-over-year.
Expansion and New Club Growth
Plans to deliver 12 to 14 new clubs in 2026, with 11 of these being large format. 13 clubs are already under construction.
Innovations in Digital and AI
Development of L•AI•C, an AI health companion, and expansion of digital accounts to 2.75 million, expected to cross 3 million by early 2026.