LifeStance Health (LFST) Operating Margin (2020 - 2026)
LifeStance Health (LFST) posted quarterly Operating Margin of 5.52% for Q1 2026, up 504.0% YoY from 0.91% in Q1 2025, and up 16.73% sequentially from 4.73% in Q4 2025.
LifeStance Health (LFST) Operating Margin (2020 - 2026) Analysis & Trends
LifeStance Health has disclosed Operating Margin across 7 years of filings, most recently posting 5.52% for Q1 2026.
- In Q1 2026, Operating Margin rose 504.0% year-over-year to 5.52%; the TTM figure through Mar 2026 stood at 3.0% (up 403.0% YoY), while the FY2025 annual figure was 1.7%, up 422.0% from the prior year.
- Operating Margin improved to 5.52% in Q1 2026, from 4.73% in the prior quarter.
- Over the last five years, Operating Margin for LFST reached as high as 40.44% in Q4 2023 and fell as low as 31.93% in Q1 2022.
- The 5-year median for Operating Margin is 5.11% (2024), against an average of 6.89%.
- Annual changes were most pronounced in 2022 — Operating Margin plunged 7408 bps — and 2023, when it jumped 6050 bps.
- A 5-year view of Operating Margin shows it stood at 20.06% in 2022, then soared by 302 bps to 40.44% in 2023, then slumped by 99 bps to 0.33% in 2024, then jumped by 1354 bps to 4.73% in 2025, then rose by 17 bps to 5.52% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 5.52%, 4.73%, and 2.04% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn | -2.96% |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn | 12.86% |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn | 24.14% |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn | 14.11% |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn | 3.76% |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn | 8.99% |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn | 11.19% |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn | 8.45% |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn | 17.01% |
| 10 | LifeStance Health | 44.33 Mn | -32.60 Mn | - | 5.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.52% |
| Dec 31, 2025 | 4.73% |
| Sep 30, 2025 | 2.04% |
| Jun 30, 2025 | -0.85% |
| Mar 31, 2025 | 0.48% |
| Dec 31, 2024 | 0.33% |
| Sep 30, 2024 | 0.02% |
| Jun 30, 2024 | -5.11% |
| Mar 31, 2024 | -5.58% |
| Dec 31, 2023 | 40.44% |
| Sep 30, 2023 | -28.28% |
| Jun 30, 2023 | -18.65% |
| Mar 31, 2023 | -13.50% |
| Dec 31, 2022 | -20.06% |
| Sep 30, 2022 | -17.85% |
| Jun 30, 2022 | -28.86% |
| Mar 31, 2022 | -31.93% |
| Dec 31, 2021 | 54.02% |
| Sep 30, 2021 | -71.72% |
| Jun 30, 2021 | -29.30% |