LifeStance Health (LFST) Tax Rate (2025 - 2026)
LifeStance Health (LFST) reported Tax Rate of 14.00% for Q2 2026, down 22.20 percentage points from 36.20% a year earlier and down 13.92 percentage points from the prior quarter.
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Analysis
LifeStance Health (LFST) Tax Rate (2025 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, LifeStance Health's Tax Rate came in at 24.47%, down 1.00 percentage points year-over-year; for FY2025, it was 21.84%, up 21.54 percentage points from FY2024.
- Tax Rate has a five-year change of -1.62 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 0.30% in FY2024 (-9.54 pp), 9.84% in FY2023 (+2.46 pp), 7.38% in FY2022 (-0.40 pp) and 7.78% in FY2021 (-15.68 pp).
- The Q2 2026 figure ranks as the lowest quarterly Tax Rate since Q3 2024.
- Year over year, Tax Rate gained in five of the last eight quarters, with an average year-over-year change of +17.82 percentage points.
- The high point for year-over-year Tax Rate in five years was Q1 2025 (a gain of 149.98 percentage points); the low point was Q1 2026 (a drop of 120.31 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 27.92% (Q1 2026), 23.25% (Q4 2025) and 76.44% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.37 Bn | 104.21 Bn | 17.03 Bn | 21.98% |
| 2 | Natera | 45.03 Bn | 40.66 Bn | 513.47 Mn | - |
| 3 | Labcorp Holdings | 30.12 Bn | 28.22 Bn | 1.11 Bn | 19.79% |
| 4 | Quest Diagnostics | 28.44 Bn | 26.52 Bn | 1.04 Bn | 23.80% |
| 5 | Guardant Health | 20.93 Bn | 16.54 Bn | 236.15 Mn | - |
| 6 | BrightSpring Health Services | 14.41 Bn | 11.29 Bn | 518.55 Mn | 22.13% |
| 7 | Tempus AI | 14.27 Bn | 11.42 Bn | 266.70 Mn | - |
| 8 | Encompass Health | 13.98 Bn | 14.44 Bn | 1.54 Bn | 20.71% |
| 9 | Davita | 11.35 Bn | 10.22 Bn | 1.13 Bn | 24.90% |
| 10 | LifeStance Health | 5.59 Mn | -882.61 Mn | 161.40 Mn | 18.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.31% |
| Jun 30, 2026 | 14.00% |
| Mar 31, 2026 | 27.92% |
| Dec 31, 2025 | 23.25% |
| Sep 30, 2025 | 76.44% |
API Access
LifeStance Health Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=LFST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "LFST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=LFST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();