LifeStance Health (LFST) Operating Margin (2020 - 2026)
LifeStance Health (LFST) reported Operating Margin of 5.52% for Q1 2026, up 504.0% year-over-year from 0.91% in Q1 2025, and up 16.73% quarter-over-quarter from 4.73% in Q4 2025.
LifeStance Health (LFST) Operating Margin (2020 - 2026) Analysis & Trends
LifeStance Health (LFST) has 7 years of Operating Margin data on file, last reported at 5.52% in Q1 2026.
- Operating Margin for Q1 2026 came in at 5.52%, up 504.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.0% (up 403.0% YoY), and the FY2025 annual result was 1.7%, up 422.0% from the prior year.
- Operating Margin advanced to 5.52% in Q1 2026 per LFST's latest filing, from 4.73% in the prior quarter.
- Over five years, Operating Margin peaked at 40.44% in Q4 2023 and troughed at 31.93% in Q1 2022.
- A 5-year average of 6.89% and a median of 5.11% in 2024 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2023: Operating Margin slumped 7408 bps in 2022, then jumped 6050 bps in 2023.
- 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 plunged 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.
- Business Quant data shows LFST's Operating Margin at 5.52% in Q1 2026, 4.73% in Q4 2025, and 2.04% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | -2.96% |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 24.14% |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 14.11% |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 3.76% |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 8.99% |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 11.19% |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 9,308.50% |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 12.86% |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 8.45% |
| 10 | LifeStance Health | 3.47 Bn | 3.39 Bn | - | 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% |