vs
Side-by-side financial comparison of BELDEN INC. (BDC) and LifeStance Health Group, Inc. (LFST). Click either name above to swap in a different company.
BELDEN INC. is the larger business by last-quarter revenue ($696.4M vs $382.2M, roughly 1.8× LifeStance Health Group, Inc.). BELDEN INC. runs the higher net margin — 7.3% vs 3.1%, a 4.3% gap on every dollar of revenue. On growth, LifeStance Health Group, Inc. posted the faster year-over-year revenue change (17.4% vs 11.4%). LifeStance Health Group, Inc. produced more free cash flow last quarter ($46.6M vs $-63.1M). Over the past eight quarters, LifeStance Health Group, Inc.'s revenue compounded faster (12.8% CAGR vs 7.3%).
Belden Inc. is an American, multinational, publicly traded company specializing in the design, manufacture, and distribution of end-to-end networking, security and connectivity products. The company serves the Industrial Automation Solutions, Smart Buildings and Broadband & 5G markets.
Lifestance Health (Lifestance) is an American outpatient behavioral health services provider. They provide their services in person and via tele-health. Their services include therapy, psychiatry, TMS, and ketamine therapies. They have landed in lawsuits multiple times over labor violations, leaking of customer information, and misleading investors.
BDC vs LFST — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $696.4M | $382.2M |
| Net Profit | $51.0M | $11.7M |
| Gross Margin | 37.1% | — |
| Operating Margin | 11.2% | 4.7% |
| Net Margin | 7.3% | 3.1% |
| Revenue YoY | 11.4% | 17.4% |
| Net Profit YoY | -1.8% | 264.1% |
| EPS (diluted) | $1.30 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $696.4M | — | ||
| Q4 25 | $720.1M | $382.2M | ||
| Q3 25 | $698.2M | $363.8M | ||
| Q2 25 | $672.0M | $345.3M | ||
| Q1 25 | $624.9M | $333.0M | ||
| Q4 24 | $666.0M | $325.5M | ||
| Q3 24 | $654.9M | $312.7M | ||
| Q2 24 | $604.3M | $312.3M |
| Q1 26 | $51.0M | — | ||
| Q4 25 | $67.9M | $11.7M | ||
| Q3 25 | $56.7M | $1.1M | ||
| Q2 25 | $61.0M | $-3.8M | ||
| Q1 25 | $51.9M | $709.0K | ||
| Q4 24 | $58.4M | $-7.1M | ||
| Q3 24 | $53.7M | $-6.0M | ||
| Q2 24 | $49.0M | $-23.3M |
| Q1 26 | 37.1% | — | ||
| Q4 25 | 36.6% | — | ||
| Q3 25 | 37.7% | — | ||
| Q2 25 | 38.5% | — | ||
| Q1 25 | 39.3% | — | ||
| Q4 24 | 37.5% | — | ||
| Q3 24 | 37.3% | — | ||
| Q2 24 | 37.5% | — |
| Q1 26 | 11.2% | — | ||
| Q4 25 | 12.2% | 4.7% | ||
| Q3 25 | 10.9% | 2.0% | ||
| Q2 25 | 11.8% | -0.9% | ||
| Q1 25 | 11.6% | 0.5% | ||
| Q4 24 | 10.4% | 0.3% | ||
| Q3 24 | 11.5% | 0.0% | ||
| Q2 24 | 11.4% | -5.1% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 9.4% | 3.1% | ||
| Q3 25 | 8.1% | 0.3% | ||
| Q2 25 | 9.1% | -1.1% | ||
| Q1 25 | 8.3% | 0.2% | ||
| Q4 24 | 8.8% | -2.2% | ||
| Q3 24 | 8.2% | -1.9% | ||
| Q2 24 | 8.1% | -7.5% |
| Q1 26 | $1.30 | — | ||
| Q4 25 | $1.70 | — | ||
| Q3 25 | $1.41 | — | ||
| Q2 25 | $1.53 | — | ||
| Q1 25 | $1.27 | — | ||
| Q4 24 | $1.41 | — | ||
| Q3 24 | $1.30 | — | ||
| Q2 24 | $1.19 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $272.2M | $248.6M |
| Total DebtLower is stronger | $1.3B | $282.8M |
| Stockholders' EquityBook value | $1.3B | $1.5B |
| Total Assets | — | $2.2B |
| Debt / EquityLower = less leverage | 0.98× | 0.19× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $272.2M | — | ||
| Q4 25 | $389.9M | $248.6M | ||
| Q3 25 | $314.3M | $203.9M | ||
| Q2 25 | $301.5M | $188.9M | ||
| Q1 25 | $259.0M | $134.3M | ||
| Q4 24 | $370.3M | $154.6M | ||
| Q3 24 | $323.0M | $102.6M | ||
| Q2 24 | $564.8M | $87.0M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | $282.8M | ||
| Q3 25 | — | $284.6M | ||
| Q2 25 | — | $286.4M | ||
| Q1 25 | — | $288.2M | ||
| Q4 24 | — | $290.0M | ||
| Q3 24 | — | $287.3M | ||
| Q2 24 | — | $288.0M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $1.5B | ||
| Q3 25 | $1.2B | $1.5B | ||
| Q2 25 | $1.2B | $1.5B | ||
| Q1 25 | $1.2B | $1.5B | ||
| Q4 24 | $1.3B | $1.4B | ||
| Q3 24 | $1.2B | $1.4B | ||
| Q2 24 | $1.2B | $1.4B |
| Q1 26 | — | — | ||
| Q4 25 | $3.5B | $2.2B | ||
| Q3 25 | $3.4B | $2.1B | ||
| Q2 25 | $3.4B | $2.1B | ||
| Q1 25 | $3.3B | $2.1B | ||
| Q4 24 | $3.3B | $2.1B | ||
| Q3 24 | $3.3B | $2.1B | ||
| Q2 24 | $3.5B | $2.1B |
| Q1 26 | 0.98× | — | ||
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.19× | ||
| Q1 25 | — | 0.20× | ||
| Q4 24 | — | 0.20× | ||
| Q3 24 | — | 0.20× | ||
| Q2 24 | — | 0.20× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $57.6M |
| Free Cash FlowOCF − Capex | $-63.1M | $46.6M |
| FCF MarginFCF / Revenue | -9.1% | 12.2% |
| Capex IntensityCapex / Revenue | 6.4% | 2.9% |
| Cash ConversionOCF / Net Profit | — | 4.93× |
| TTM Free Cash FlowTrailing 4 quarters | $180.4M | $110.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $160.4M | $57.6M | ||
| Q3 25 | $105.0M | $27.3M | ||
| Q2 25 | $82.0M | $64.4M | ||
| Q1 25 | $7.4M | $-3.1M | ||
| Q4 24 | $174.7M | $62.3M | ||
| Q3 24 | $91.7M | $22.7M | ||
| Q2 24 | $83.0M | $44.1M |
| Q1 26 | $-63.1M | — | ||
| Q4 25 | $121.3M | $46.6M | ||
| Q3 25 | $65.3M | $17.0M | ||
| Q2 25 | $56.9M | $56.6M | ||
| Q1 25 | $-24.8M | $-10.3M | ||
| Q4 24 | $116.4M | $56.0M | ||
| Q3 24 | $67.2M | $17.7M | ||
| Q2 24 | $61.0M | $39.0M |
| Q1 26 | -9.1% | — | ||
| Q4 25 | 16.8% | 12.2% | ||
| Q3 25 | 9.4% | 4.7% | ||
| Q2 25 | 8.5% | 16.4% | ||
| Q1 25 | -4.0% | -3.1% | ||
| Q4 24 | 17.5% | 17.2% | ||
| Q3 24 | 10.3% | 5.7% | ||
| Q2 24 | 10.1% | 12.5% |
| Q1 26 | 6.4% | — | ||
| Q4 25 | 5.4% | 2.9% | ||
| Q3 25 | 5.7% | 2.8% | ||
| Q2 25 | 3.7% | 2.2% | ||
| Q1 25 | 5.2% | 2.2% | ||
| Q4 24 | 8.8% | 1.9% | ||
| Q3 24 | 3.7% | 1.6% | ||
| Q2 24 | 3.6% | 1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 2.36× | 4.93× | ||
| Q3 25 | 1.85× | 25.34× | ||
| Q2 25 | 1.34× | — | ||
| Q1 25 | 0.14× | -4.36× | ||
| Q4 24 | 2.99× | — | ||
| Q3 24 | 1.71× | — | ||
| Q2 24 | 1.69× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
