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LifeStance Health (LFST) Operating Expenses (2020 - 2025)

LifeStance Health (LFST) has disclosed Operating Expenses for 6 consecutive years, with $364.1 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 12.23% to $364.1 million in Q4 2025 year-over-year; TTM through Dec 2025 was $1.4 billion, a 9.17% increase, with the full-year FY2025 number at $1.4 billion, up 9.17% from a year prior.
  • Operating Expenses was $364.1 million for Q4 2025 at LifeStance Health, up from $356.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $364.1 million in Q4 2025 to a low of $144.0 million in Q1 2021.
  • A 5-year average of $297.6 million and a median of $310.3 million in 2023 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: surged 357.77% in 2021, then decreased 14.11% in 2022.
  • LifeStance Health's Operating Expenses stood at $303.8 million in 2021, then fell by 9.34% to $275.4 million in 2022, then rose by 13.62% to $312.9 million in 2023, then rose by 3.69% to $324.4 million in 2024, then increased by 12.23% to $364.1 million in 2025.
  • Per Business Quant, the three most recent readings for LFST's Operating Expenses are $364.1 million (Q4 2025), $356.4 million (Q3 2025), and $348.3 million (Q2 2025).