LifeStance Health Group, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:26:49Z
Custom taxonomy namespace:
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Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 110.03M | 85.69M | -57.40M | -26.47M | -85.07M | 2.73M |
| EBITDA | 65.77M | 9.06M | -151.76M | -181.26M | -271.26M | 18.28M |
| Working Capital | 164.24M | 83.62M | 22.86M | 57.22M | 149.77M | — |
| Net Debt | 228.21M | 333.58M | 438.50M | 376.75M | 13.20M | — |
| Operating Margin | 1.70% | -2.53% | -17.92% | -24.45% | -19816.82% | 7.17% |
| Net Margin | 0.68% | -4.59% | -17.64% | -25.08% | -21259.31% | 2.67% |
| Return on Equity (ROE) | 0.64% | -3.97% | -13.04% | -14.19% | -19.88% | -3.41% |
| Return on Assets (ROA) | 0.44% | -2.71% | -8.83% | -9.92% | -15.94% | — |
| Current Ratio | 1.65× | 1.37× | 1.11× | 1.33× | 2.28× | — |
| Debt-to-Equity | 0.31× | 0.34× | 0.36× | 0.32× | 0.10× | — |
| Effective Tax Rate | 21.84% | 0.30% | 9.84% | 7.38% | 7.78% | 28.01% |
| Cash Conversion Ratio | 15.12× | -1.87× | 0.09× | -0.24× | -0.03× | 3.01× |
| Accruals Ratio | -0.06× | -0.08× | -0.08× | -0.12× | -0.16× | — |
| SBC % of Revenue | 5.24% | 6.09% | 9.41% | 21.81% | 17954.26% | 0.03% |
| CapEx Coverage | 4.05× | 4.97× | -0.42× | 0.67× | 0.10× | 1.19× |
| Free Cash Flow Per Share | $0.28 | $0.23 | $-0.16 | $-0.07 | $-0.26 | — |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| P/FCF | 25.03× | 32.61× | — | — | — | — |
| FCF Yield | 4.00% | 3.07% | — | — | — | — |
| EV / EBITDA | 45.04× | 348.01× | — | — | — | — |
| P/S | 1.92× | 2.25× | 2.81× | 2.16× | 2465.68× | — |
| P/B | 1.80× | 1.95× | 2.08× | 1.22× | 2.31× | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | — | — | — | — | 1.45M | — |
| Revenues | 1.42B | 1.25B | 1.06B | 859.54M | 667.51M | 212.52M |
| Selling, General and Administrative Expense | 382.20M | 363.06M | 410.79M | 377.99M | 433.73M | 41.06M |
| Operating Expenses | 1.40B | 1.28B | 1.24B | 1.07B | 953.86M | 197.28M |
| Operating Income (Loss) | 24.15M | -31.61M | -189.13M | -210.17M | -286.35M | 15.24M |
| Income Tax Expense (Benefit) | 2.70M | -170.00K | -20.32M | -17.17M | -25.91M | 2.21M |
| Net Income (Loss) Attributable to Parent | 9.66M | -57.44M | -186.26M | -215.56M | -307.20M | 5.67M |
| Weighted Average Number of Shares Outstanding, Basic | 386.02M | 379.15M | 367.46M | 355.28M | 327.52M | — |
| Weighted Average Number of Shares Outstanding, Diluted | 391.14M | 379.15M | 367.46M | 355.28M | 327.52M | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 248.64M | 154.57M | 78.82M | 108.62M | 148.03M | — |
| Assets, Current | 416.20M | 312.51M | 225.73M | 233.22M | 266.52M | — |
| Assets | 2.20B | 2.12B | 2.11B | 2.17B | 1.93B | — |
| Long-term Debt | 282.75M | 290.00M | 289.49M | 233.96M | 161.23M | — |
| Liabilities, Current | 251.96M | 228.89M | 202.87M | 176.00M | 116.75M | — |
| Long-term Debt, Excluding Current Maturities | 265.93M | 279.79M | 280.29M | 225.08M | 157.42M | — |
| Liabilities | 682.92M | 672.01M | 681.04M | 655.15M | 382.08M | — |
| Stockholders' Equity Attributable to Parent | 1.52B | 1.45B | 1.43B | 1.52B | 1.55B | — |
| Common Stock, Shares, Outstanding | 388.32M | 382.74M | 378.73M | 375.96M | 374.25M | — |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 146.15M | 107.26M | -16.88M | 52.79M | 9.42M | 17.05M |
| Payments to Acquire Property, Plant, and Equipment | 36.13M | 21.57M | 40.52M | 79.25M | 94.49M | 14.31M |
| Net Cash Provided by (Used in) Investing Activities | -36.13M | -21.57M | -60.34M | -139.46M | -194.08M | -73.38M |
| Net Cash Provided by (Used in) Financing Activities | -15.96M | -9.95M | 47.43M | 47.26M | 313.86M | 48.46M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 22.34M | 46.65M | 63.38M | 46.38M | -10.26M | 56.02M |
| EBITDA | 32.65M | 28.43M | 17.75M | 7.69M | 11.89M | 11.18M |
| Working Capital | 116.18M | 164.24M | 131.82M | 116.56M | 97.25M | 83.62M |
| Net Debt | 284.14M | 228.21M | 272.22M | 287.96M | 350.54M | 333.58M |
| Operating Margin | 5.52% | 4.73% | 2.04% | -0.85% | 0.48% | 0.33% |
| Net Margin | 3.53% | 3.05% | 0.30% | -1.10% | 0.21% | -2.19% |
| Return on Equity (ROE) | 0.96% | 0.77% | 0.07% | -0.26% | 0.05% | -0.49% |
| Return on Assets (ROA) | 0.66% | 0.53% | 0.05% | -0.18% | 0.03% | -0.34% |
| Current Ratio | 1.48× | 1.65× | 1.58× | 1.48× | 1.47× | 1.37× |
| Debt-to-Equity | 0.32× | 0.31× | 0.32× | 0.32× | 0.33× | 0.34× |
| Effective Tax Rate | 27.92% | 23.25% | 76.44% | 36.20% | 148.23% | 19.87% |
| Cash Conversion Ratio | 2.32× | 4.93× | 82.26× | -16.17× | -4.36× | -8.76× |
| Accruals Ratio | -0.01× | -0.02× | -0.04× | -0.03× | 0.00× | -0.03× |
| SBC % of Revenue | 3.77% | 4.37% | 15.94% | 11.50% | 5.58% | 4.96% |
| CapEx Coverage | 3.08× | 5.28× | 3.51× | 4.11× | -0.43× | 9.89× |
| Free Cash Flow Per Share | $0.06 | $0.12 | $0.16 | $0.12 | $-0.03 | $0.15 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| EV / EBITDA | 31.84× | 45.04× | 49.71× | 55.79× | 106.11× | 348.01× |
| P/S | 1.65× | 1.92× | 1.56× | 1.53× | 2.02× | 2.25× |
| P/B | 1.67× | 1.80× | 1.43× | 1.36× | 1.78× | 1.95× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 403.48M | 382.19M | 363.81M | 345.31M | 332.97M | 325.48M |
| Selling, General and Administrative Expense | 100.33M | 94.78M | 95.61M | 97.38M | 94.43M | 93.71M |
| Operating Expenses | 381.19M | 364.11M | 356.40M | 348.26M | 331.37M | 324.42M |
| Operating Income (Loss) | 22.28M | 18.08M | 7.41M | -2.95M | 1.60M | 1.06M |
| Income Tax Expense (Benefit) | 5.52M | 3.54M | 3.50M | -2.15M | -2.18M | -1.76M |
| Net Income (Loss) Attributable to Parent | 14.24M | 11.67M | 1.08M | -3.79M | 709.00K | -7.11M |
| Weighted Average Number of Shares Outstanding, Basic | 387.26M | 386.02M | 386.96M | 386.73M | 383.27M | 379.15M |
| Weighted Average Number of Shares Outstanding, Diluted | 395.08M | 391.14M | 388.89M | 386.73M | 390.67M | 379.15M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 194.80M | 248.64M | 203.90M | 188.93M | 134.34M | 154.57M |
| Assets, Current | 355.91M | 416.20M | 360.38M | 358.85M | 304.63M | 312.51M |
| Assets | 2.15B | 2.20B | 2.15B | 2.15B | 2.10B | 2.12B |
| Long-term Debt | 282.75M | 282.75M | 284.56M | 286.38M | 288.19M | 290.00M |
| Liabilities, Current | 239.73M | 251.96M | 228.56M | 242.28M | 207.38M | 228.89M |
| Long-term Debt, Excluding Current Maturities | 262.46M | 265.93M | 269.39M | 272.86M | 276.32M | 279.79M |
| Liabilities | 668.47M | 682.92M | 656.23M | 672.88M | 647.57M | 672.01M |
| Stockholders' Equity Attributable to Parent | 1.48B | 1.52B | 1.49B | 1.47B | 1.46B | 1.45B |
| Common Stock, Shares, Outstanding | 387.81M | 388.32M | 389.00M | 389.08M | 388.83M | 382.74M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 33.11M | 57.56M | 88.59M | 61.30M | -3.09M | 62.32M |
| Payments to Acquire Property, Plant, and Equipment | 10.77M | 10.91M | 25.21M | 14.92M | 7.17M | 6.30M |
| Net Cash Provided by (Used in) Investing Activities | -13.91M | -10.91M | -25.21M | -14.92M | -7.17M | -6.30M |
| Payments for Repurchase of Common Stock | 49.11M | — | — | — | 0 | — |
| Net Cash Provided by (Used in) Financing Activities | -73.04M | -1.91M | -14.04M | -12.02M | -9.97M | -4.06M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (LFST CIK 0001845257),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.