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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.08 Bn | 93.52 Bn | - | 19.96% |
| 2 | Natera | 59.53 Bn | 55.21 Bn | 485.19 Mn | -7.25% |
| 3 | Quest Diagnostics | 25.60 Bn | 24.03 Bn | 1.03 Bn | 19.88% |
| 4 | Labcorp Holdings | 24.98 Bn | 22.75 Bn | 1.11 Bn | 16.90% |
| 5 | Guardant Health | 23.75 Bn | 19.81 Bn | 219.03 Mn | -35.69% |
| 6 | Tenet Healthcare | 20.75 Bn | 11.90 Bn | - | 30.49% |
| 7 | Tempus AI | 14.47 Bn | 11.50 Bn | 246.50 Mn | - |
| 8 | Encompass Health | 12.19 Bn | 12.65 Bn | - | 24.09% |
| 9 | Davita | 11.20 Bn | 9.97 Bn | 1.16 Bn | 21.01% |
| 10 | LifeStance Health | 4.37 Mn | -868.92 Mn | 153.04 Mn | 10.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.31% |
| Mar 31, 2026 | 8.82% |
| Dec 31, 2025 | 8.25% |
| Sep 30, 2025 | 5.76% |
| Jun 30, 2025 | 3.20% |
| Mar 31, 2025 | 4.61% |
| Dec 31, 2024 | 4.83% |
| Sep 30, 2024 | 4.85% |
| Jun 30, 2024 | 0.85% |
| Mar 31, 2024 | 1.93% |
| Dec 31, 2023 | -3.58% |
| Sep 30, 2023 | -20.82% |
| Jun 30, 2023 | -11.13% |
| Mar 31, 2023 | -5.95% |
| Dec 31, 2022 | -11.83% |
| Sep 30, 2022 | -9.63% |
| Jun 30, 2022 | -20.87% |
| Mar 31, 2022 | -24.21% |
| Dec 31, 2021 | -51.79% |
| Sep 30, 2021 | -63.79% |
API Access
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_KEYimport 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();