LifeStance Health (LFST) Net Margin (2020 - 2026)
LifeStance Health (LFST) posted quarterly Net Margin of 3.53% for Q1 2026, up 332.0% year-over-year from 0.82% in Q1 2025, and up 15.63% quarter-over-quarter from 3.05% in Q4 2025.
LifeStance Health (LFST) Net Margin (2020 - 2026) Analysis & Trends
LifeStance Health (LFST) has reported Net Margin for 7 consecutive years, with 3.53% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 332.0% year-over-year to 3.53%; the TTM figure through Mar 2026 stood at 1.55% (up 433.0% YoY), while the FY2025 annual figure was 0.68%, up 527.0% from the prior year.
- Net Margin grew to 3.53% in Q1 2026 per LFST's latest filing, from 3.05% in the prior quarter.
- Across five years, Net Margin topped out at 3.53% in Q1 2026 and bottomed at 32.8% in Q2 2022.
- Historically, Net Margin has averaged 10.84% across 5 years, with a median of 7.45% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin surged 5189 bps — and 2023, when it tumbled 603 bps.
- LifeStance Health's Net Margin stood at 20.34% in 2022, then rose by 21 bps to 16.02% in 2023, then surged by 86 bps to 2.19% in 2024, then soared by 240 bps to 3.05% in 2025, then gained by 16 bps to 3.53% in 2026.
- Business Quant data shows LFST's Net Margin at 3.53% in Q1 2026, 3.05% in Q4 2025, and 0.3% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 9.54% |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 14.68% |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | -0.04% |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 9.66% |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 6.93% |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 7.73% |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 5.35% |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 10.06% |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 11.10% |
| 10 | LifeStance Health | 4.56 Mn | -221.38 Mn | 153.04 Mn | 5.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.42% |
| Mar 31, 2026 | 3.53% |
| Dec 31, 2025 | 3.05% |
| Sep 30, 2025 | 0.30% |
| Jun 30, 2025 | -1.10% |
| Mar 31, 2025 | 0.21% |
| Dec 31, 2024 | -2.19% |
| Sep 30, 2024 | -1.90% |
| Jun 30, 2024 | -7.45% |
| Mar 31, 2024 | -7.02% |
| Dec 31, 2023 | -16.02% |
| Sep 30, 2023 | -23.42% |
| Jun 30, 2023 | -17.52% |
| Mar 31, 2023 | -13.56% |
| Dec 31, 2022 | -20.34% |
| Sep 30, 2022 | -17.40% |
| Jun 30, 2022 | -32.80% |
| Mar 31, 2022 | -30.69% |
| Dec 31, 2021 | -56.86% |
| Sep 30, 2021 | -69.29% |