LifeStance Health (LFST) Cost of Revenue (2024 - 2026)
LifeStance Health (LFST) posted quarterly Cost of Revenue of $267.5 million for Q1 2026, up 19.88% year-over-year from $223.2 million in Q1 2025, and up 4.55% quarter-over-quarter from $255.9 million in Q4 2025.
LifeStance Health (LFST) Cost of Revenue (2024 - 2026) Analysis & Trends
LifeStance Health (LFST) has reported Cost of Revenue for 3 consecutive years, with $267.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 19.88% year-over-year to $267.5 million; the TTM figure through Mar 2026 stood at $1.0 billion (up 16.34% YoY), while the FY2025 annual figure was $963.2 million, up 13.51% from the prior year.
- Cost of Revenue grew to $267.5 million in Q1 2026 per LFST's latest filing, from $255.9 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $267.5 million in Q1 2026 and bottomed at $205.7 million in Q1 2024.
- Historically, Cost of Revenue has averaged $231.0 million across 3 years, with a median of $223.2 million in 2025.
- Annual changes were most pronounced in 2025 — Cost of Revenue climbed 8.49% — and 2026, when it gained 19.88%.
- LifeStance Health's Cost of Revenue stood at $216.0 million in 2024, then grew by 18.45% to $255.9 million in 2025, then gained by 4.55% to $267.5 million in 2026.
- Business Quant data shows LFST's Cost of Revenue at $267.5 million in Q1 2026, $255.9 million in Q4 2025, and $247.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 5.04 Bn |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 1.17 Bn |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 254.90 Mn |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 2.39 Bn |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 1.13 Bn |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 1.35 Bn |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 1.09 Bn |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 451.78 Mn |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 413.93 Mn |
| 10 | LifeStance Health | 4.56 Mn | -221.38 Mn | 153.04 Mn | 282.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 282.31 Mn |
| Jun 30, 2026 | 282.31 Mn |
| Mar 31, 2026 | 267.54 Mn |
| Mar 31, 2026 | 267.54 Mn |
| Dec 31, 2025 | 255.90 Mn |
| Dec 31, 2025 | 255.90 Mn |
| Sep 30, 2025 | 247.23 Mn |
| Sep 30, 2025 | 247.23 Mn |
| Jun 30, 2025 | 236.88 Mn |
| Jun 30, 2025 | 236.88 Mn |
| Mar 31, 2025 | 223.18 Mn |
| Mar 31, 2025 | 223.18 Mn |
| Dec 31, 2024 | 216.04 Mn |
| Dec 31, 2024 | 216.04 Mn |
| Sep 30, 2024 | 212.29 Mn |
| Sep 30, 2024 | 212.29 Mn |
| Jun 30, 2024 | 214.53 Mn |
| Jun 30, 2024 | 214.53 Mn |
| Mar 31, 2024 | 205.71 Mn |
| Mar 31, 2024 | 205.71 Mn |