vs

Side-by-side financial comparison of Life Time Group Holdings, Inc. (LTH) and Zscaler, Inc. (ZS). Click either name above to swap in a different company.

Zscaler, Inc. is the larger business by last-quarter revenue ($788.1M vs $745.1M, roughly 1.1× Life Time Group Holdings, Inc.). Life Time Group Holdings, Inc. runs the higher net margin — 16.5% vs -1.5%, a 18.0% gap on every dollar of revenue. On growth, Zscaler, Inc. posted the faster year-over-year revenue change (25.5% vs 12.3%). Zscaler, Inc. produced more free cash flow last quarter ($431.0M vs $-64.6M). Over the past eight quarters, Zscaler, Inc.'s revenue compounded faster (22.5% CAGR vs 11.7%).

Life Time Group Holdings, Inc. operates a network of premium athletic, fitness and wellness destinations across the United States. It offers diverse services including state-of-the-art gym facilities, group exercise classes, personal training, spa treatments, nutrition coaching, youth programs and co-working spaces for consumers pursuing holistic healthy lifestyles.

Zscaler, Inc. is an American cloud security company based in San Jose, California. The company offers cloud-based services to protect enterprise networks and data.

LTH vs ZS — Head-to-Head

Bigger by revenue
ZS
ZS
1.1× larger
ZS
$788.1M
$745.1M
LTH
Growing faster (revenue YoY)
ZS
ZS
+13.2% gap
ZS
25.5%
12.3%
LTH
Higher net margin
LTH
LTH
18.0% more per $
LTH
16.5%
-1.5%
ZS
More free cash flow
ZS
ZS
$495.6M more FCF
ZS
$431.0M
$-64.6M
LTH
Faster 2-yr revenue CAGR
ZS
ZS
Annualised
ZS
22.5%
11.7%
LTH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
LTH
LTH
ZS
ZS
Revenue
$745.1M
$788.1M
Net Profit
$123.0M
$-11.6M
Gross Margin
49.1%
76.6%
Operating Margin
17.4%
-4.6%
Net Margin
16.5%
-1.5%
Revenue YoY
12.3%
25.5%
Net Profit YoY
231.0%
3.6%
EPS (diluted)
$0.55
$-0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LTH
LTH
ZS
ZS
Q4 25
$745.1M
$788.1M
Q3 25
$782.6M
$719.2M
Q2 25
$761.5M
$678.0M
Q1 25
$706.0M
$647.9M
Q4 24
$663.3M
$628.0M
Q3 24
$693.2M
$592.9M
Q2 24
$667.8M
$553.2M
Q1 24
$596.7M
$525.0M
Net Profit
LTH
LTH
ZS
ZS
Q4 25
$123.0M
$-11.6M
Q3 25
$102.4M
$-17.6M
Q2 25
$72.1M
$-4.1M
Q1 25
$76.1M
$-7.7M
Q4 24
$37.2M
$-12.1M
Q3 24
$41.4M
$-14.9M
Q2 24
$52.8M
$19.1M
Q1 24
$24.9M
$-28.5M
Gross Margin
LTH
LTH
ZS
ZS
Q4 25
49.1%
76.6%
Q3 25
47.1%
76.1%
Q2 25
47.0%
77.0%
Q1 25
47.5%
77.1%
Q4 24
48.2%
77.5%
Q3 24
46.5%
78.0%
Q2 24
46.8%
78.6%
Q1 24
46.1%
77.7%
Operating Margin
LTH
LTH
ZS
ZS
Q4 25
17.4%
-4.6%
Q3 25
17.3%
-4.5%
Q2 25
14.2%
-3.7%
Q1 25
15.2%
-6.2%
Q4 24
13.1%
-4.9%
Q3 24
13.5%
-4.5%
Q2 24
15.7%
-0.5%
Q1 24
12.1%
-8.7%
Net Margin
LTH
LTH
ZS
ZS
Q4 25
16.5%
-1.5%
Q3 25
13.1%
-2.4%
Q2 25
9.5%
-0.6%
Q1 25
10.8%
-1.2%
Q4 24
5.6%
-1.9%
Q3 24
6.0%
-2.5%
Q2 24
7.9%
3.5%
Q1 24
4.2%
-5.4%
EPS (diluted)
LTH
LTH
ZS
ZS
Q4 25
$0.55
$-0.07
Q3 25
$0.45
$-0.11
Q2 25
$0.32
$-0.03
Q1 25
$0.34
$-0.05
Q4 24
$0.17
$-0.08
Q3 24
$0.19
$-0.09
Q2 24
$0.26
$0.12
Q1 24
$0.12
$-0.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LTH
LTH
ZS
ZS
Cash + ST InvestmentsLiquidity on hand
$204.8M
$1.3B
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$3.1B
$2.0B
Total Assets
$8.0B
$6.5B
Debt / EquityLower = less leverage
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LTH
LTH
ZS
ZS
Q4 25
$204.8M
$1.3B
Q3 25
$218.9M
$2.4B
Q2 25
$175.5M
$2.0B
Q1 25
$59.0M
$1.8B
Q4 24
$10.9M
$1.6B
Q3 24
$120.9M
$1.4B
Q2 24
$34.5M
$1.3B
Q1 24
$18.6M
$1.4B
Total Debt
LTH
LTH
ZS
ZS
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$1.5B
$1.1B
Q1 25
$1.5B
$1.1B
Q4 24
$1.5B
$1.1B
Q3 24
$1.7B
$1.1B
Q2 24
$1.8B
$1.1B
Q1 24
$2.0B
$1.1B
Stockholders' Equity
LTH
LTH
ZS
ZS
Q4 25
$3.1B
$2.0B
Q3 25
$3.0B
$1.8B
Q2 25
$2.9B
$1.8B
Q1 25
$2.7B
$1.6B
Q4 24
$2.6B
$1.4B
Q3 24
$2.6B
$1.3B
Q2 24
$2.4B
$1.1B
Q1 24
$2.3B
$958.9M
Total Assets
LTH
LTH
ZS
ZS
Q4 25
$8.0B
$6.5B
Q3 25
$7.8B
$6.4B
Q2 25
$7.6B
$5.3B
Q1 25
$7.3B
$5.0B
Q4 24
$7.2B
$4.7B
Q3 24
$7.2B
$4.7B
Q2 24
$7.1B
$4.2B
Q1 24
$7.1B
$3.9B
Debt / Equity
LTH
LTH
ZS
ZS
Q4 25
0.48×
Q3 25
0.51×
Q2 25
0.53×
0.64×
Q1 25
0.56×
0.71×
Q4 24
0.59×
0.80×
Q3 24
0.64×
0.90×
Q2 24
0.78×
1.04×
Q1 24
0.87×
1.19×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LTH
LTH
ZS
ZS
Operating Cash FlowLast quarter
$239.9M
$448.3M
Free Cash FlowOCF − Capex
$-64.6M
$431.0M
FCF MarginFCF / Revenue
-8.7%
54.7%
Capex IntensityCapex / Revenue
40.9%
2.2%
Cash ConversionOCF / Net Profit
1.95×
TTM Free Cash FlowTrailing 4 quarters
$-21.0M
$924.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LTH
LTH
ZS
ZS
Q4 25
$239.9M
$448.3M
Q3 25
$251.1M
$250.6M
Q2 25
$195.7M
$211.1M
Q1 25
$183.9M
$179.4M
Q4 24
$163.1M
$331.3M
Q3 24
$151.1M
$203.6M
Q2 24
$170.4M
$173.4M
Q1 24
$90.4M
$142.1M
Free Cash Flow
LTH
LTH
ZS
ZS
Q4 25
$-64.6M
$431.0M
Q3 25
$28.6M
$190.6M
Q2 25
$-26.3M
$138.9M
Q1 25
$41.4M
$164.4M
Q4 24
$26.8M
$314.3M
Q3 24
$64.0M
$154.2M
Q2 24
$26.1M
$137.8M
Q1 24
$-66.4M
$111.2M
FCF Margin
LTH
LTH
ZS
ZS
Q4 25
-8.7%
54.7%
Q3 25
3.7%
26.5%
Q2 25
-3.5%
20.5%
Q1 25
5.9%
25.4%
Q4 24
4.0%
50.1%
Q3 24
9.2%
26.0%
Q2 24
3.9%
24.9%
Q1 24
-11.1%
21.2%
Capex Intensity
LTH
LTH
ZS
ZS
Q4 25
40.9%
2.2%
Q3 25
28.4%
8.3%
Q2 25
29.2%
10.6%
Q1 25
20.2%
2.3%
Q4 24
20.6%
2.7%
Q3 24
12.6%
8.3%
Q2 24
21.6%
6.4%
Q1 24
26.3%
5.9%
Cash Conversion
LTH
LTH
ZS
ZS
Q4 25
1.95×
Q3 25
2.45×
Q2 25
2.71×
Q1 25
2.41×
Q4 24
4.39×
Q3 24
3.65×
Q2 24
3.23×
9.07×
Q1 24
3.63×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LTH
LTH

Membership$535.1M72%
In Center$191.2M26%
Other$18.8M3%

ZS
ZS

Segment breakdown not available.

Related Comparisons