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% on a QoQ basis from 4.73% in Q4 2025.
LifeStance Health (LFST) has 7 years of Operating Margin data on file, last reported at 5.52% in Q1 2026.
- Quarterly Operating Margin rose 504.0% year-over-year to 5.52% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.0% (up 403.0% YoY) and the FY2025 annual result came in at 1.7%, up 422.0% from the prior year.
- Operating Margin climbed to 5.52% in Q1 2026 per LFST's latest filing, from 4.73% in the prior quarter.
- Across five years, Operating Margin topped out at 40.44% in Q4 2023 and bottomed at 31.93% in Q1 2022.
- The 5-year median for Operating Margin is 5.11% (2024), against an average of 6.89%.
- The widest annual swing landed in 2022, when Operating Margin plunged 7408 bps; it then surged 6050 bps in 2023.
- Tracing LFST's Operating Margin over 5 years: stood at 20.06% in 2022, then jumped by 302 bps to 40.44% in 2023, then slumped by 99 bps to 0.33% in 2024, then surged by 1354 bps to 4.73% in 2025, then grew by 17 bps to 5.52% in 2026.
- Per Business Quant, the three latest LFST Operating Margin figures stand at 5.52% (Q1 2026), 4.73% (Q4 2025), and 2.04% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | -2.96% |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 24.14% |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 14.11% |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 3.76% |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 8.99% |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 11.19% |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 0.01% |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 12.86% |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 8.45% |
| 10 | LifeStance Health | 2.99 Bn | 2.91 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% |
| Mar 31, 2021 | -0.62% |
| Sep 30, 2020 | 2.64% |
| Jun 30, 2020 | 0.23% |