LifeStance Health Group, Inc. logo LFST - LifeStance Health Group, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 10
HOLD 1
SELL 0
STRONG
SELL
0
| PRICE TARGET: $9.70 DETAILS
HIGH: $11.00
LOW: $8.00
MEDIAN: $10.00
CONSENSUS: $9.70
UPSIDE: 31.26%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Revenue
Revenue 403.5 382.2 363.8 345.3 333.0 325.5 312.7 312.3 300.4 280.6 262.9 259.6 252.6 229.4 217.6 209.5 203.1 190.0 173.8 160.5 143.1 118.1 102.0 45.5 73.1
Cost of Revenue 280.9 269.3 247.2 250.9 223.2 216.0 212.3 214.5 205.7 197.3 186.7 186.6 183.0 166.7 157.3 149.7 148.9 135.7 121.8 109.3 99.1 79.1 68.8 31.3 51.6
Gross Profit 122.6 112.9 116.6 94.4 109.8 109.4 100.4 97.8 94.7 83.3 76.2 73.0 69.6 62.7 60.3 59.8 54.2 54.2 52.1 51.2 44.0 39.0 33.1 14.2 21.5
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 100.3 94.7 95.7 97.4 94.4 93.7 85.3 95.2 88.9 93.4 130.9 101.9 84.6 89.8 81.2 103.6 103.4 152.7 162.9 85.5 32.7 23.7 19.5 8.6 13.7
Other Expenses (0.1) 0 13.5 0 13.8 14.7 15.1 18.6 22.6 22.2 19.6 19.5 19.1 18.9 17.9 16.7 15.7 15.4 13.8 12.8 12.2 11.4 10.9 5.4 2.2
Operating Expenses 100.2 94.4 109.2 97.4 108.2 108.4 100.4 113.8 111.5 115.6 150.6 121.4 103.7 108.7 99.1 120.3 119.1 168.0 176.7 98.3 44.9 35.0 30.4 14.1 15.8
Operating Income
Operating Income 22.4 18.4 7.4 (3.0) 1.6 1.1 0.0 (15.9) (16.8) (32.3) (74.4) (48.4) (34.1) (46.0) (38.8) (60.5) (64.9) (113.8) (124.7) (47.0) (0.9) 3.9 2.7 0.1 5.6
Interest Expense (1.8) 2.9 2.8 2.9 3.1 9.4 5.4 5.8 5.9 5.5 5.5 5.1 5.1 5.2 4.2 7.1 3.4 3.6 3.5 23.2 8.6 7.1 6.4 5.6 1.7
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 35.7 31.5 20.9 11.0 15.4 15.2 15.1 1.8 7.7 (10.6) (52.9) (27.4) (14.1) (29.7) (20.1) (43.9) (49.9) (99.7) (111.9) (37.9) 9.4 11.4 13.0 5.3 7.2
EBIT 22.4 18.1 7.4 (3.0) 1.6 0.5 0.0 (16.8) (14.8) (32.8) (72.5) (46.9) (33.2) (48.6) (38.0) (60.7) (65.6) (115.0) (125.7) (50.6) (2.8) 0.1 2.1 (0.1) 5.0
Income Before Tax 19.8 15.2 4.6 (5.9) (1.5) (8.9) (5.4) (22.6) (20.7) (38.3) (78.0) (52.0) (38.3) (53.7) (42.2) (67.8) (69.0) (118.6) (129.2) (73.8) (11.4) (7.1) (4.4) (5.7) 3.4
Income Tax Expense 5.5 3.5 3.5 (2.2) (2.2) (1.8) 0.6 0.7 0.4 6.6 (16.4) (6.5) (4.0) (7.1) (4.4) 0.9 (6.7) (10.6) (8.8) (3.8) (2.8) (1.6) (1.1) (1.4) 0.7
Net Income 14.2 11.7 1.1 (3.8) 0.7 (7.1) (6.0) (23.3) (21.1) (45.0) (61.6) (45.5) (34.2) (46.7) (37.9) (68.7) (62.3) (108.0) (120.5) (70.0) (8.7) (5.5) (3.3) (4.3) 2.7
Per Share Data
EPS (Basic) 0.04 0.03 0.00 -0.01 0.00 -0.02 -0.02 -0.06 -0.06 -0.12 -0.17 -0.13 -0.09 -0.12 -0.11 -0.19 -0.18 -0.33 -0.35 -0.22 -0.02 -0.02 -0.01 -0.01 0.01
EPS (Diluted) 0.04 0.03 0.00 -0.01 0.00 -0.02 -0.02 -0.06 -0.06 -0.12 -0.17 -0.13 -0.09 -0.12 -0.11 -0.19 -0.18 -0.33 -0.35 -0.22 -0.02 -0.02 -0.01 -0.01 0.01
Shares Outstanding 387.3 386.0 387.0 385.0 383.3 382.7 378.7 379.4 376.3 378.7 372.5 363.2 360.9 376.0 357.5 353.7 350.8 327.5 343.4 313.5 373.6 306.9 373.6 373.6 373.6
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4
Current Assets
Cash & Cash Equivalents 194.8 248.6 203.9 188.9 134.3 154.6 102.6 87.0 49.5 78.8 42.6 79.6 68.3 108.6 90.3 96.7 114.0 148.0 212.1 276.2 39.5 18.8
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 122.9 95.7 121.1 129.5 140.4 132.0 158.2 167.2 175.9 125.6 149.7 121.8 118.4 101.5 113.3 99.7 95.0 95.3 70.1 60.1 47.8 46.1
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 38.2 71.8 0 40.4 29.9 14.9 26.2 23.6 18.7 10.7 71.9 36.5 25.8 11.0 0 0 0 11.7 0 0 0 0.8
Total Current Assets 355.9 416.2 360.4 358.8 304.6 312.5 287.0 277.7 244.1 225.7 264.2 237.9 212.5 233.2 252.6 244.3 263.3 266.5 328.3 364.1 109.6 76.3
Non-Current Assets
Property, Plant & Equipment 313.0 311.3 308.4 303.8 311.8 313.9 324.8 336.2 348.3 358.9 370.8 384.5 389.7 393.6 193.4 190.7 170.9 152.2 115.0 91.8 70.8 59.3
Goodwill 1,297.0 1,293.3 1,293.3 1,293.3 1,293.3 1,293.3 1,293.3 1,293.3 1,293.3 1,293.3 1,293.4 1,293.5 1,293.6 1,272.9 1,249.8 1,243.7 1,229.3 1,204.5 1,160.0 1,138.7 1,099.7 1,098.7
Intangible Assets 175.1 177.7 180.8 184.0 187.3 190.8 195.4 200.1 208.5 221.1 233.6 243.8 254.0 263.3 272.5 282.1 291.2 300.4 308.0 316.5 323.3 332.8
Long-Term Investments 0 0 0 0 0 0 0 3.6 3.9 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 4.8 5.4 6.1 6.9 7.6 7.7 7.4 8.5 12.1 10.9 13.0 11.2 8.8 10.8 11.4 7.9 3.7 3.4 3.4 3.3 2.9 2.6
Total Non-Current Assets 1,790.0 1,787.7 1,788.6 1,788.0 1,800.0 1,805.8 1,820.9 1,841.6 1,862.2 1,884.2 1,910.8 1,933.0 1,946.1 1,940.6 1,727.1 1,724.4 1,695.1 1,660.6 1,586.4 1,550.4 1,496.7 1,493.5
Total Assets 2,145.9 2,203.9 2,149.0 2,146.8 2,104.7 2,118.3 2,107.9 2,119.4 2,106.3 2,110.0 2,175.1 2,170.9 2,158.6 2,173.9 1,979.7 1,968.7 1,958.4 1,927.1 1,914.8 1,914.4 1,606.3 1,569.7
Current Liabilities
Account Payables 4.3 6.1 12.2 7.8 7.4 7.2 7.3 10.0 11.9 23.2 10.4 8.0 7.7 24.4 7.9 12.9 15.1 24.6 3.1 10.0 5.9 15.0
Short-Term Debt 47.4 45.5 12.7 10.9 0 7.2 0 2.9 2.9 2.9 2.6 0 0 2.3 0 0 0 1.3 0 0 0 3.7
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 188.1 200.3 0.4 47.3 9.5 19.0 6.1 43.0 42.4 8.9 9.6 13.9 16.1 16.5 13.4 11.2 15.4 14.8 16.2 13.4 19.8 11.8
Total Current Liabilities 239.7 252.0 228.6 242.3 207.4 228.9 217.5 227.7 207.5 202.9 240.9 180.9 181.1 176.0 112.3 111.5 125.6 116.8 105.2 112.6 96.8 75.9
Non-Current Liabilities
Long-Term Debt 148.8 148.6 269.4 272.9 276.3 279.8 279.1 279.5 279.9 280.3 248.4 248.7 224.8 225.1 212.0 203.4 177.4 157.4 157.4 157.1 387.3 362.5
Deferred Tax Liabilities 16.4 16.4 0 14.1 14.2 14.3 15.2 15.9 16.0 15.6 38.4 38.3 37.6 38.7 55.4 54.3 54.3 54.3 81.2 81.2 81.2 81.2
Other Non-Current Liabilities 263.5 266.0 14.1 0.2 0.3 0.3 0.4 0.6 0.8 1.0 0.9 2.6 2.1 2.8 68.4 68.2 58.6 53.6 26.0 19.0 87.0 17.2
Total Non-Current Liabilities 428.7 431.0 427.7 430.6 440.2 443.1 453.3 461.7 469.9 478.2 479.1 495.2 472.3 479.1 335.9 325.8 290.3 265.3 264.7 257.2 555.5 461.0
Total Liabilities 668.5 682.9 656.2 672.9 647.6 672.0 670.8 689.3 677.3 681.0 720.0 676.0 653.4 655.1 448.2 437.4 415.9 382.1 369.9 369.8 652.3 536.9
Stockholders' Equity
Common Stock 3.9 3.9 3.9 3.9 3.9 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.7 3.7 3.7 3.7 1,010.5 1,009.5
Retained Earnings (794.4) (808.6) (820.3) (821.4) (817.6) (818.3) (811.2) (805.2) (781.9) (760.8) (715.9) (654.3) (608.8) (572.6) (526.0) (488.1) (419.4) (357.1) (249.0) (128.6) (58.6) (13.1)
Accumulated Other Comprehensive Income 0 0 0 0.3 0.6 0.9 0.8 2.6 2.9 2.3 4.4 4.2 2.0 3.3 3.2 0 0 0 0 0 0 0
Total Stockholders' Equity 1,477.4 1,521.0 1,492.7 1,473.9 1,457.1 1,446.3 1,437.1 1,430.0 1,429.0 1,428.9 1,455.0 1,494.9 1,505.1 1,518.7 1,531.5 1,531.3 1,542.5 1,545.0 1,544.9 1,544.6 954.0 1,032.8
Total Liabilities & Equity 2,145.9 2,203.9 2,149.0 2,146.8 2,104.7 2,118.3 2,107.9 2,119.4 2,106.3 2,110.0 2,175.1 2,170.9 2,158.6 2,173.9 1,979.7 1,968.7 1,958.4 1,927.1 1,914.8 1,914.4 1,606.3 1,569.7
Debt Metrics
Total Debt 196.2 194.1 473.6 474.2 473.0 485.2 486.7 497.3 505.8 511.0 486.1 497.8 474.3 478.8 212.0 203.4 177.4 158.7 157.4 157.1 387.3 366.3
Net Debt 1.4 (54.5) 269.7 285.3 338.7 330.6 384.1 410.4 456.3 432.2 443.5 418.1 406.0 370.2 121.7 106.7 63.4 10.7 (54.7) (119.1) 347.8 347.4
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Operating Activities
Net Income 14.2 11.7 1.1 (3.8) 0.7 (7.1) (6.0) (23.3) (21.1) (45.0) (61.6) (45.5) (34.2) (46.7) (37.9) (68.7) (62.3) (108.0) (120.5) (70.0) (8.7) (5.5) (3.3) (4.3) 2.7
Depreciation & Amortization 13.3 13.4 13.6 14.0 13.8 14.7 15.1 18.6 22.6 22.2 19.6 19.5 19.1 19.5 17.9 16.7 16.0 15.4 13.8 12.8 12.2 11.4 10.9 5.4 2.2
Stock-Based Compensation 0 16.7 18.3 21.1 18.6 16.1 14.9 24.6 20.6 20.9 21.5 33.1 23.9 35.2 34.9 57.5 59.9 108.6 120.7 29.5 0.6 0.6 0.6 0.3 0
Change in Working Capital (20.8) 1.8 (17.2) 22.0 (47.0) 23.4 38.2 13.7 (51.9) 27.8 (15.9) (19.4) (26.3) (2.4) (8.7) (1.7) (12.5) 31.4 (29.5) (4.7) 5.0 3.7 2.9 (44.8) (3.0)
Other Non-Cash Items 26.3 11.5 11.5 11.1 10.8 15.2 (38.9) 9.8 8.0 12.7 27.4 11.8 9.7 30.3 (0.4) 4.0 2.3 10.3 (7.4) 15.5 0.7 1.0 0.1 3.3 (0.2)
Operating Cash Flow 33.1 57.6 27.3 64.4 (3.1) 62.3 22.7 44.1 (21.8) 16.8 (25.4) (0.4) (7.9) 35.9 5.7 7.8 3.3 30.6 (14.2) (16.9) 9.9 4.2 11.2 (37.3) 2.4
Investing Activities
Capital Expenditure (10.8) 25.2 (10.3) (7.8) (7.2) (6.3) (5.1) (5.1) (5.1) (11.4) (9.8) (11.6) (7.7) (10.4) (15.1) (25.9) (27.9) (38.7) (24.0) (20.7) (11.1) (10.6) (9.5) (5.1) (8.6)
Acquisitions (3.1) 0 0 0 0 0 0 0 0 0 0 0 (19.8) (19.9) (5.2) (12.2) (22.9) (40.9) (19.6) (38.4) (0.8) (134.0) (10.7) (666.1) (8.4)
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 0 (36.1) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investing Cash Flow (13.9) (10.9) (10.3) (7.8) (7.2) (6.3) (5.1) (5.1) (5.1) (11.4) (9.8) (11.6) (27.5) (30.3) (20.3) (38.0) (50.9) (79.6) (43.6) (59.1) (11.8) (144.6) (20.2) (671.2) (17.0)
Financing Activities
Net Debt Issuance 0 (1.8) (1.8) (1.8) (1.8) 0.5 (0.7) (0.7) (0.7) 32.1 (0.6) 24.4 (0.6) 13.3 9.5 27.1 19.7 (0.3) (0.3) (237.3) 25.4 138.5 (0.6) 97.4 34.6
Stock Repurchased (49.1) 0 0 (0.2) (8.2) 0 0 0 0 0 0 0 0 (0.4) 0 0 (0.4) 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (23.9) (0.1) (0.2) 0 0 (4.6) (1.3) (0.7) (1.7) (1.3) (1.2) (1.1) (4.3) (0.2) (1.3) (14.2) (5.7) (14.8) (0.7) 550.0 (2.8) (4.3) (0.1) 625.0 (2.2)
Financing Cash Flow (73.0) (1.9) (2.0) (2.0) (10.0) (4.1) (2.0) (1.4) (2.4) 30.8 (1.8) 23.3 (4.9) 12.7 8.2 12.9 13.5 (15.2) (6.3) 312.7 22.6 134.2 20.3 722.3 31.4
Cash Position
Net Change in Cash (53.8) 44.7 15.0 54.6 (20.2) 52.0 15.6 37.5 (29.4) 36.2 (37) 11.3 (40.3) 18.3 (6.3) (17.3) (34.0) (64.1) (64.1) 236.7 20.7 (6.2) 11.3 13.8 16.8
Cash at Beginning 248.6 203.9 188.9 134.3 154.6 102.6 87.0 49.5 78.8 42.6 79.6 68.3 108.6 90.3 96.7 114.0 148.0 212.1 276.2 39.5 18.8 25.1 13.8 0 3.5
Cash at End 194.8 248.6 203.9 188.9 134.3 154.6 102.6 87.0 49.5 78.8 42.6 79.6 68.3 108.6 90.3 96.7 114.0 148.0 212.1 276.2 39.5 18.8 25.1 13.8 20.3
Free Cash Flow 22.3 82.8 17.0 56.6 (10.3) 56.0 17.7 39.0 (26.9) 5.4 (35.2) (12.0) (15.6) 25.5 (9.4) (18.0) (24.6) (8.0) (38.2) (37.6) (1.2) (6.4) 1.7 (42.4) (6.2)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Income Statement
Revenue 403.5 382.2 363.8 345.3 333.0 325.5 312.7 312.3 300.4 280.6 262.9 259.6 252.6 229.4 217.6 209.5 203.1 190.0 173.8 160.5 143.1 118.1 102.0 45.5 73.1
Gross Profit 122.6 112.9 116.6 94.4 109.8 109.4 100.4 97.8 94.7 83.3 76.2 73.0 69.6 62.7 60.3 59.8 54.2 54.2 52.1 51.2 44.0 39.0 33.1 14.2 21.5
Operating Income 22.4 18.4 7.4 (3.0) 1.6 1.1 0.0 (15.9) (16.8) (32.3) (74.4) (48.4) (34.1) (46.0) (38.8) (60.5) (64.9) (113.8) (124.7) (47.0) (0.9) 3.9 2.7 0.1 5.6
Net Income 14.2 11.7 1.1 (3.8) 0.7 (7.1) (6.0) (23.3) (21.1) (45.0) (61.6) (45.5) (34.2) (46.7) (37.9) (68.7) (62.3) (108.0) (120.5) (70.0) (8.7) (5.5) (3.3) (4.3) 2.7
EPS (Diluted) 0.04 0.03 0.00 -0.01 0.00 -0.02 -0.02 -0.06 -0.06 -0.12 -0.17 -0.13 -0.09 -0.12 -0.11 -0.19 -0.18 -0.33 -0.35 -0.22 -0.02 -0.02 -0.01 -0.01 0.01
Balance Sheet
Cash & Equivalents 194.8 248.6 203.9 188.9 134.3 154.6 102.6 87.0 49.5 78.8 42.6 79.6 68.3 108.6 90.3 96.7 114.0 148.0 212.1 276.2 39.5 18.8
Total Assets 2,145.9 2,203.9 2,149.0 2,146.8 2,104.7 2,118.3 2,107.9 2,119.4 2,106.3 2,110.0 2,175.1 2,170.9 2,158.6 2,173.9 1,979.7 1,968.7 1,958.4 1,927.1 1,914.8 1,914.4 1,606.3 1,569.7
Total Debt 196.2 194.1 473.6 474.2 473.0 485.2 486.7 497.3 505.8 511.0 486.1 497.8 474.3 478.8 212.0 203.4 177.4 158.7 157.4 157.1 387.3 366.3
Stockholders' Equity 1,477.4 1,521.0 1,492.7 1,473.9 1,457.1 1,446.3 1,437.1 1,430.0 1,429.0 1,428.9 1,455.0 1,494.9 1,505.1 1,518.7 1,531.5 1,531.3 1,542.5 1,545.0 1,544.9 1,544.6 954.0 1,032.8
Cash Flow
Operating Cash Flow 33.1 57.6 27.3 64.4 (3.1) 62.3 22.7 44.1 (21.8) 16.8 (25.4) (0.4) (7.9) 35.9 5.7 7.8 3.3 30.6 (14.2) (16.9) 9.9 4.2 11.2 (37.3) 2.4
Capital Expenditure (10.8) 25.2 (10.3) (7.8) (7.2) (6.3) (5.1) (5.1) (5.1) (11.4) (9.8) (11.6) (7.7) (10.4) (15.1) (25.9) (27.9) (38.7) (24.0) (20.7) (11.1) (10.6) (9.5) (5.1) (8.6)
Free Cash Flow 22.3 82.8 17.0 56.6 (10.3) 56.0 17.7 39.0 (26.9) 5.4 (35.2) (12.0) (15.6) 25.5 (9.4) (18.0) (24.6) (8.0) (38.2) (37.6) (1.2) (6.4) 1.7 (42.4) (6.2)