LifeStance Health Group, Inc.

NASDAQ•LFST

CEO: Mr. Kenneth Alan Burdick

Sector: Healthcare

Industry: Medical - Care Facilities

Listing Date: 2021-06-10

LifeStance Health Group, Inc., through its subsidiaries, provides outpatient mental health services to children, adolescents, adults, and geriatrics in the United States. The company offers patients a suite of mental health services, including psychiatric evaluations and treatment, psychological, and neuropsychological testing, as well as individual, family, and group therapy. It treats a range of mental health conditions, including anxiety, depression, bipolar disorder, eating disorders, psychotic disorders, and post-traumatic stress disorder. In addition, the company operates an outpatient mental health platform, as well as offers patient care virtually through its online delivery platform or in-person at its centers. LifeStance Health Group, Inc. was founded in 2017 and is headquartered in Scottsdale, Arizona.

Contact Information

4800 North Scottsdale Road, Suite 2300, Scottsdale, AZ, 85251, United States

602-767-2100

lifestance.com

Market Cap

$2.47B

P/E (TTM)

252.9

54.1

Dividend Yield

52W High

$8.09

52W Low

$3.74

52W Range

60%

Rank63Top 94.0%

1.8

F-Score

Modified Piotroski Analysis

Based on 6-year fundamentals

Weak • 1.8 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2020-2025

Financial Dashboard

Q4 2025 Data

Revenue

$382.20M+0.00%

4-Quarter Trend

EPS

$0.03+0.00%

4-Quarter Trend

FCF

$82.77M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Revenue Grows 14% Total revenue reached $1.424B USD, marking 14% growth driven by 1.1 million more patient visits.

Return to Net Income Profit Achieved $9.7M USD net income in 2025, reversing prior year's $57.4M USD net loss.

Platform Scale Expansion Platform scale expanded, treating over 1.0 million unique patients across 9.0 million visits in 2025.

Center Margin Improvement Center Margin increased to $461.1M USD, reflecting better control over direct patient care costs.

Risk Factors

Payor Reimbursement Rate Risk Reduced reimbursement rates from payors, especially UnitedHealthcare (14%) and Elevance (15%), could harm financial condition.

Internal Control Material Weaknesses Material weaknesses exist in accounting policies and IT general controls; remediation efforts are ongoing as of year-end.

Clinician Labor Cost Pressure Recruiting and retaining 8,040 clinicians experienced increased labor costs, potentially reducing profitability going forward.

Regulatory Compliance Complexity Heavy federal and state regulation, including HIPAA and Stark Law, requires constant monitoring and compliance spending.

Outlook

Drive Organic Capacity Growth Strategy focuses on growing clinician base via in-house recruiting model and opening new centers strategically.

Optimize Real Estate Footprint Prioritizing resources, company completed significant reduction in physical space following shift to more virtual visits.

Enhance Integrated Care Model Plan to deepen partnerships with primary care and specialty providers to drive integrated care delivery.

Manage Debt Obligations $282.8M USD debt outstanding requires cash flow management; refinancing terms remain uncertain for future needs.

Peer Comparison

Revenue (TTM)

ARDT

$6.32B

+6.0%

SEM

$5.45B

+15.8%

ACHC

$3.31B

+5.0%

Gross Margin (Latest Quarter)

ARDT

165.5%

-25.6pp

ANIP

96.2%

-8.4pp

LMAT

71.7%

+7.5pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
BKD	$3.31B	-12.4	-523.8%	112.0%
NHC	$2.51B	20.8	11.6%	5.7%
LFST	$2.47B	252.9	0.7%	8.8%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

4.7%

Moderate Growth

4Q Net Income CAGR

154.4%

Profitability Improved

Cash Flow Stability

75%

Volatile Cash Flow

Deep Research

Next earnings:May 6, 2026

EPS:$0.01

Revenue:$386.11M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data