greeksoup/ stock research
Stock research / United States / LFST · Services-Health Services · Nasdaq

LifeStance Health Group, Inc. (LFST)

Compare with another name

LifeStance Health Group, Inc. (LFST) reported revenue of $435 million for Q2 FY2026, the quarter ended 30 June 2026, up 26.1% on the same quarter a year earlier. Net income was $24 million, and diluted earnings per share $0.06. The figures are the company's own, from the 10-Q it filed with the SEC on 6 August 2026.

Revenue$435 millionup 26.1%
Net income$24 million
Diluted EPS$0.06
QuarterQ2 FY2026ended 30 June 2026

LifeStance Health Group (LFST) in brief

LifeStance Health Group (LFST) reported revenue of $1.4 billion for fiscal 2025, the year ended 31 December 2025, up 13.9% on the year before.
Read moreNet income was $10 million and diluted earnings per share $0.02. Revenue was $1.3 billion in fiscal 2024, $1.1 billion in fiscal 2023, $860 million in fiscal 2022 and $668 million in fiscal 2021. Net income in the same years was a loss of $57 million, a loss of $186 million, a loss of $216 million and a loss of $307 million. Over the twelve months to 30 June 2026, LifeStance Health Group reported revenue of $1.6 billion and net income of $51 million. LifeStance Health Group had 382 million shares outstanding at the latest filed count. At 30 June 2026 it carried $276 million of debt and $226 million of cash. At the close of 9 October 2026 the market cap of LifeStance Health Group was $4.7 billion, 95.6 times its earnings over the last twelve months.

Ratios

From the filings

ROE3.4%
ROCE4.5%
Operating margin4.9%
Net margin3.2%
FCF margin11.0%
Interest cover7.75
Debt to equity0.19
Cash conversion4.31
Share count, 1 year-1.8%
Sales CAGR, 3 years18.3%
Profit CAGR, 3 yearsn/a
EPS, TTM$0.13

At the close of 9 October 2026

Price$12.43
Market cap$4.7 billion
Stock P/E95.62
Price to book3.21
EV / EBITDA39.72
Dividend yieldn/a
Market cap / sales3.00
52-week high$13.38
52-week low$4.81
Price, 1 year131.9%
Price CAGR, 3 years23.2%
Price CAGR, 5 years-0.7%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as LifeStance Health Group, Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
LFSTgreeksoup.ai
Daily prices to 9 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on LFST

Filings18 in twelve months: 10 current reports (8-K), about 5 other events; 4 results of operations; 4 regulation FD disclosure; 3 officer or director change; 1 shareholder vote
Planned insider sales24 Form 144 notices in twelve months, $198.3 million; latest 2 September 2026
Options tapeput/call 1.11 by open interest at the 9 October 2026 close; the straddle prices a 3.6% move to 16 October 2026
13F holders7 of the followed funds hold it; largest FMR LLC; 11 Schedule 13D or 13G filings in twelve months
Insider trading37 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest15.5 million shares short, 2.55 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue263281300312313325333345364382403435
SG&A13193.488.995.285.393.794.497.495.694.8100108
Operating income-74.4-32.3-16.8-15.90.01.11.6-3.07.418.122.330.7
Operating margin-28%-12%-6%-5%0%0%0%-1%2%5%6%7%
Interest expense5.55.55.95.85.49.43.12.92.82.91.82.6
Pre-tax income-78.0-38.3-20.7-22.6-5.4-8.9-1.5-5.94.615.219.827.5
Tax raten/an/an/an/an/an/an/an/a76%23%28%14%
Net income-61.6-45.0-21.1-23.3-6.0-7.10.7-3.81.111.714.223.6
Net margin-23%-16%-7%-7%-2%-2%0%-1%0%3%4%5%
Diluted EPS-$0.17-$0.12-$0.06-$0.06-$0.02-$0.01$0.00-$0.01$0.00$0.03$0.04$0.06
Operating cash flow-25.416.8-21.844.122.762.3-3.164.427.357.633.199.9
Capital expenditure9.811.45.15.15.16.37.27.810.310.910.812.0
Free cash flow-35.25.4-26.939.017.756.0-10.356.617.046.622.387.9
Buybacksn/an/an/an/an/an/a0.00.0n/an/a49.148.5
Shares outstanding379m379m382m383m383m383m389m389m389m388m388m382m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 6 fiscal years and the trailing twelve months

FY2019FY2021FY2022FY2023FY2024FY2025TTM
Revenue2136688601,0561,2511,4241,585
Selling, general and administrative41.1434378411363382399
Operating income15.2-286-210-189-31.624.178.4
Operating margin7.2%-42.9%-24.5%-17.9%-2.5%1.7%4.9%
Interest expense5.438.919.921.226.511.710.1
Pre-tax income7.9-333-233-207-57.612.467.0
Income tax2.2-25.9-17.2-20.3-0.22.716.4
Effective tax rate28.0%n/an/an/an/a21.8%24.5%
Net income5.7-307-216-186-57.49.750.6
Net margin2.7%-46.0%-25.1%-17.6%-4.6%0.7%3.2%
Diluted EPSn/an/a-$0.61-$0.51-$0.15$0.02$0.13
Filing10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow and capital returned

FY2019FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow17.09.452.8-16.9107146218
Capital expenditure14.394.579.340.521.636.144.0
Free cash flow2.7-85.1-26.5-57.485.7110174
Free cash flow margin1.3%-12.7%-3.1%-5.4%6.9%7.7%11.0%
Cash from investing-73.4-194-139-60.3-21.6-36.1-53.0
Cash from financing48.531447.347.4-9.9-16.0-128
Depreciation and amortisation3.015.128.937.440.741.642.4
Share-based compensation0.125918799.476.274.770.0
Diluted shares, weightedn/an/a355m367m379m391m387m
Shares outstanding at period endn/a374m376m379m383m388m382m
Filing10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2019FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity-1661,5451,5191,4291,4461,5211,477
Debtn/a161234289290283276
Operating lease liabilitiesn/a0.0213181149149154
Other liabilitiesn/a221209210233252275
Total liabilities and equityn/a1,9272,1742,1102,1182,2042,181
Owned
Fixed assetsn/a152194188166162165
Goodwilln/a1,2051,2731,2931,2931,2931,305
Intangible assetsn/a300263221191178173
Cash and equivalents3.514810978.8155249226
Receivablesn/a76.110112513295.7111
Other assetsn/a45.9234203182227203
Total assetsn/a1,9272,1742,1102,1182,2042,181
Filing10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/an/a18.3%20.4%
Profit growth, compoundedn/an/an/an/a
Return on equity, averagen/a-10.1%-5.5%0.6%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was LifeStance Health Group's revenue in fiscal 2025?

LifeStance Health Group (LFST) reported revenue of $1.4 billion for fiscal 2025, the year ended 31 December 2025, up 13.9% on the year before.

How much did LifeStance Health Group earn in fiscal 2025?

Net income was $10 million for fiscal 2025, and diluted earnings per share $0.02.

What is LifeStance Health Group's P/E ratio?

At the close of 9 October 2026, LifeStance Health Group traded at 95.6 times its earnings over the twelve months to 30 June 2026.

What is LifeStance Health Group's market cap?

The market cap of LifeStance Health Group was $4.7 billion at the close of 9 October 2026.

How much debt does LifeStance Health Group have?

At 30 June 2026 LifeStance Health Group carried $276 million of debt and $226 million of cash.

Peers: Healthcare

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Ensign Group, Inc. ENSG$10.0 billion26.9215.5%8.5%18.9%0.060.1%
Hims & Hers Health, Inc. HIMS$7.2 billionn/a-43.8%-6.0%28.0%4.21n/a
Chemed Corp. CHE$6.5 billion25.0833.1%13.5%3.3%0.170.4%
Sotera Health Co. SHC$5.2 billion31.6824.6%n/a8.1%3.21n/a
LifeStance Health Group, Inc. LFST$4.7 billion95.623.4%4.9%20.4%0.19n/a
Concentra Group Holdings Parent, Inc. CON$4.7 billion23.9841.7%16.4%14.0%3.270.7%
Option Care Health, Inc. OPCH$4.7 billion23.3716.6%5.9%5.9%0.92n/a
Veracyte, Inc. VCYT$3.6 billion32.088.2%18.8%17.3%0.00n/a
National Healthcare Corp. NHC$3.6 billion25.5212.5%9.3%6.9%0.001.1%
Acadia Healthcare Company, Inc. ACHC$2.7 billionn/a-56.9%-32.6%4.3%1.22n/a
Privia Health Group, Inc. PRVA$2.6 billion99.293.6%1.9%24.1%0.00n/a
U S Physical Therapy Inc. USPH$1.3 billion95.877.2%9.4%11.3%0.492.1%
All 26 in Healthcare
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
HCA Healthcare, Inc. HCA$98.3 billion15.10n/a12.7%7.3%n/a0.7%
Quest Diagnostics Inc. DGX$25.5 billion24.5414.1%14.1%9.9%0.751.4%
Labcorp Holdings Inc. LH$25.3 billion25.8311.6%10.4%6.4%0.680.9%
Tenet Healthcare Corp. THC$21.2 billion10.1748.1%20.8%5.4%2.81n/a
BrightSpring Health Services, Inc. BTSG$12.6 billionn/an/an/an/a1.07n/a
Encompass Health Corp. EHC$12.2 billion20.0723.9%18.0%9.5%1.000.6%
Davita Inc. DVA$11.5 billion14.67n/a15.2%6.4%n/an/a
Universal Health Services Inc. UHS$10.6 billion7.2320.3%11.4%10.0%0.650.5%
Ensign Group, Inc. ENSG$10.0 billion26.9215.5%8.5%18.9%0.060.1%
Hims & Hers Health, Inc. HIMS$7.2 billionn/a-43.8%-6.0%28.0%4.21n/a
Chemed Corp. CHE$6.5 billion25.0833.1%13.5%3.3%0.170.4%
Sotera Health Co. SHC$5.2 billion31.6824.6%n/a8.1%3.21n/a
LifeStance Health Group, Inc. LFST$4.7 billion95.623.4%4.9%20.4%0.19n/a
Concentra Group Holdings Parent, Inc. CON$4.7 billion23.9841.7%16.4%14.0%3.270.7%
Option Care Health, Inc. OPCH$4.7 billion23.3716.6%5.9%5.9%0.92n/a
Veracyte, Inc. VCYT$3.6 billion32.088.2%18.8%17.3%0.00n/a
National Healthcare Corp. NHC$3.6 billion25.5212.5%9.3%6.9%0.001.1%
Acadia Healthcare Company, Inc. ACHC$2.7 billionn/a-56.9%-32.6%4.3%1.22n/a
Privia Health Group, Inc. PRVA$2.6 billion99.293.6%1.9%24.1%0.00n/a
Pediatrix Medical Group, Inc. MD$2.2 billion12.7519.8%11.0%0.5%0.45n/a
Progyny, Inc. PGNY$2.2 billion30.3717.3%8.6%5.5%0.00n/a
Addus HomeCare Corp. ADUS$2.1 billion20.059.2%10.0%15.9%0.05n/a
Fortrea Holdings Inc. FTRE$2.0 billionn/a-16.3%-0.4%-2.1%1.98n/a
Healthcare Services Group Inc. HCSG$1.4 billion11.9723.7%n/a5.2%0.004.2%
U S Physical Therapy Inc. USPH$1.3 billion95.877.2%9.4%11.3%0.492.1%
AdaptHealth Corp. AHCO$829 millionn/a-16.6%-4.5%-0.4%1.37n/a
2 companies share its SEC industry code (Services-Health Services); the rest are the names nearest in size in its wider industry, Healthcare, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20266 August 2026EDGAR
10-Q31 March 20267 May 2026EDGAR
10-K31 December 202525 February 2026EDGAR
10-Q30 September 20256 November 2025EDGAR
10-Q30 June 20257 August 2025EDGAR
10-Q31 March 20257 May 2025EDGAR
10-K31 December 202427 February 2025EDGAR
10-Q30 September 20247 November 2024EDGAR
10-Q30 June 20248 August 2024EDGAR
10-Q31 March 20249 May 2024EDGAR

The same record on your computer

GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.

Install