LifeStance Health (LFST) EBITDA Margin (2020 - 2026)
LifeStance Health's EBITDA Margin came in at 10.31% for Q2 2026, up 7.11 percentage points from 3.20% a year earlier and up 1.49 percentage points from the prior quarter.
LifeStance Health (LFST) EBITDA Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, LifeStance Health reported EBITDA Margin of 8.39%, up 4.04 percentage points year-over-year; for FY2025, it was 5.54%, up 2.40 percentage points from FY2024.
- EBITDA Margin has increased in each of the last four years, though with a five-year change of -7.43 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 3.14% in FY2024 (+13.44 pp), -10.30% in FY2023 (+6.10 pp), -16.40% in FY2022 (+18.39 pp) and -34.79% in FY2021 (-47.76 pp).
- The Q2 2026 figure represents the highest quarterly EBITDA Margin in data going back to Q1 2021.
- Year-over-year, EBITDA Margin has increased for 11 consecutive quarters, with an average year-over-year change of +6.85 percentage points over the last eight quarters.
- The fastest year-over-year change in EBITDA Margin over five years came in Q3 2022 (a gain of 54.16 percentage points), and the weakest in Q1 2022 (a drop of 32.14 percentage points).
- Business Quant data shows LFST's EBITDA Margin at 8.82% (Q1 2026), 8.25% (Q4 2025) and 5.76% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.37 Bn | 104.21 Bn | 17.03 Bn | 19.86% |
| 2 | Natera | 45.03 Bn | 40.66 Bn | 513.47 Mn | -5.84% |
| 3 | Labcorp Holdings | 30.12 Bn | 28.22 Bn | 1.11 Bn | 15.36% |
| 4 | Quest Diagnostics | 28.44 Bn | 26.52 Bn | 1.04 Bn | 20.21% |
| 5 | Guardant Health | 20.93 Bn | 16.54 Bn | 236.15 Mn | -33.96% |
| 6 | BrightSpring Health Services | 14.41 Bn | 11.29 Bn | 518.55 Mn | 4.78% |
| 7 | Tempus AI | 14.27 Bn | 11.42 Bn | 266.70 Mn | -2.44% |
| 8 | Encompass Health | 13.98 Bn | 14.44 Bn | 1.54 Bn | 19.80% |
| 9 | Davita | 11.35 Bn | 10.22 Bn | 1.13 Bn | 18.40% |
| 10 | LifeStance Health | 5.59 Mn | -882.61 Mn | 161.40 Mn | 10.59% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.59% |
| Jun 30, 2026 | 10.37% |
| Mar 31, 2026 | 8.89% |
| Dec 31, 2025 | 8.31% |
| Sep 30, 2025 | 5.83% |
| Jun 30, 2025 | 3.28% |
| Mar 31, 2025 | 4.69% |
| Dec 31, 2024 | 4.96% |
| Sep 30, 2024 | 4.98% |
| Jun 30, 2024 | 0.98% |
| Mar 31, 2024 | 2.07% |
| Dec 31, 2023 | -3.40% |
| Sep 30, 2023 | -20.62% |
| Jun 30, 2023 | -10.92% |
| Mar 31, 2023 | -5.73% |
| Dec 31, 2022 | -11.57% |
| Sep 30, 2022 | -9.35% |
| Jun 30, 2022 | -20.65% |
| Mar 31, 2022 | -24.06% |
| Dec 31, 2021 | -51.63% |
LifeStance Health EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=LFST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "LFST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=LFST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();