LifeStance Health (LFST) EBT Margin (2020 - 2026)
LifeStance Health's EBT Margin was 6.31% in Q2 2026, up 8.03 percentage points from -1.72% a year earlier and up 1.41 percentage points from the prior quarter.
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Analysis
LifeStance Health (LFST) EBT Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, LifeStance Health's EBT Margin was 4.23% through Jun 30, 2026, up 5.87 percentage points year-over-year; for FY2025, it was 0.87%, up 5.47 percentage points from FY2024.
- EBT Margin has now increased for four consecutive years, with a five-year change of +7.33 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was -4.61% in FY2024 (+14.96 pp), -19.57% in FY2023 (+7.51 pp), -27.08% in FY2022 (+22.83 pp) and -49.90% in FY2021 (-43.45 pp).
- The Q2 2026 figure marks the highest quarterly EBT Margin in data going back to Q1 2021.
- Compared with a year earlier, EBT Margin has increased for 11 straight quarters, with an average year-over-year change of +9.24 percentage points over the last eight quarters.
- The best year-over-year quarter for EBT Margin over five years was Q3 2022 (a gain of 54.93 percentage points); the worst was Q1 2022 (a drop of 25.98 percentage points).
- Per Business Quant data, LFST's EBT Margin in the three quarters before Q2 2026 was 4.90% (Q1 2026), 3.98% (Q4 2025) and 1.26% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 12.33% |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | -8.93% |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 13.54% |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 10.36% |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | -35.81% |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 23.81% |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | 2.30% |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 16.38% |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 2.41% |
| 10 | LifeStance Health | 4.42 Mn | -868.86 Mn | 153.04 Mn | 6.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.31% |
| Mar 31, 2026 | 4.90% |
| Dec 31, 2025 | 3.98% |
| Sep 30, 2025 | 1.26% |
| Jun 30, 2025 | -1.72% |
| Mar 31, 2025 | -0.44% |
| Dec 31, 2024 | -2.73% |
| Sep 30, 2024 | -1.72% |
| Jun 30, 2024 | -7.24% |
| Mar 31, 2024 | -6.90% |
| Dec 31, 2023 | -13.65% |
| Sep 30, 2023 | -29.66% |
| Jun 30, 2023 | -20.04% |
| Mar 31, 2023 | -15.15% |
| Dec 31, 2022 | -23.42% |
| Sep 30, 2022 | -19.40% |
| Jun 30, 2022 | -32.36% |
| Mar 31, 2022 | -33.98% |
| Dec 31, 2021 | -62.44% |
| Sep 30, 2021 | -74.33% |
API Access
LifeStance Health EBT 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=ebt-margin&ticker=LFST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=LFST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();