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Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) and LifeStance Health Group, Inc. (LFST). Click either name above to swap in a different company.
LifeStance Health Group, Inc. is the larger business by last-quarter revenue ($382.2M vs $233.0M, roughly 1.6× CSW INDUSTRIALS, INC.). CSW INDUSTRIALS, INC. runs the higher net margin — 4.4% vs 3.1%, a 1.4% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs 17.4%). LifeStance Health Group, Inc. produced more free cash flow last quarter ($46.6M vs $22.7M). Over the past eight quarters, LifeStance Health Group, Inc.'s revenue compounded faster (12.8% CAGR vs 5.1%).
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.
CSW vs LFST — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $233.0M | $382.2M |
| Net Profit | $10.3M | $11.7M |
| Gross Margin | 39.7% | — |
| Operating Margin | 7.4% | 4.7% |
| Net Margin | 4.4% | 3.1% |
| Revenue YoY | 20.3% | 17.4% |
| Net Profit YoY | -61.9% | 264.1% |
| EPS (diluted) | $0.62 | — |
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.
| Q4 25 | $233.0M | $382.2M | ||
| Q3 25 | $277.0M | $363.8M | ||
| Q2 25 | $263.6M | $345.3M | ||
| Q1 25 | $230.5M | $333.0M | ||
| Q4 24 | $193.6M | $325.5M | ||
| Q3 24 | $227.9M | $312.7M | ||
| Q2 24 | $226.2M | $312.3M | ||
| Q1 24 | $210.9M | $300.4M |
| Q4 25 | $10.3M | $11.7M | ||
| Q3 25 | $40.7M | $1.1M | ||
| Q2 25 | $40.9M | $-3.8M | ||
| Q1 25 | $35.1M | $709.0K | ||
| Q4 24 | $26.9M | $-7.1M | ||
| Q3 24 | $36.1M | $-6.0M | ||
| Q2 24 | $38.6M | $-23.3M | ||
| Q1 24 | $31.8M | $-21.1M |
| Q4 25 | 39.7% | — | ||
| Q3 25 | 43.0% | — | ||
| Q2 25 | 43.8% | — | ||
| Q1 25 | 44.2% | — | ||
| Q4 24 | 41.4% | — | ||
| Q3 24 | 45.6% | — | ||
| Q2 24 | 47.5% | — | ||
| Q1 24 | 44.4% | — |
| Q4 25 | 7.4% | 4.7% | ||
| Q3 25 | 20.5% | 2.0% | ||
| Q2 25 | 20.8% | -0.9% | ||
| Q1 25 | 19.5% | 0.5% | ||
| Q4 24 | 15.3% | 0.3% | ||
| Q3 24 | 22.6% | 0.0% | ||
| Q2 24 | 24.3% | -5.1% | ||
| Q1 24 | 21.0% | -5.6% |
| Q4 25 | 4.4% | 3.1% | ||
| Q3 25 | 14.7% | 0.3% | ||
| Q2 25 | 15.5% | -1.1% | ||
| Q1 25 | 15.2% | 0.2% | ||
| Q4 24 | 13.9% | -2.2% | ||
| Q3 24 | 15.8% | -1.9% | ||
| Q2 24 | 17.1% | -7.5% | ||
| Q1 24 | 15.1% | -7.0% |
| Q4 25 | $0.62 | — | ||
| Q3 25 | $2.41 | — | ||
| Q2 25 | $2.43 | — | ||
| Q1 25 | $2.05 | — | ||
| Q4 24 | $1.60 | — | ||
| Q3 24 | $2.26 | — | ||
| Q2 24 | $2.47 | — | ||
| Q1 24 | $2.03 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $40.2M | $248.6M |
| Total DebtLower is stronger | — | $282.8M |
| Stockholders' EquityBook value | $1.1B | $1.5B |
| Total Assets | $2.3B | $2.2B |
| Debt / EquityLower = less leverage | — | 0.19× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $40.2M | $248.6M | ||
| Q3 25 | $31.5M | $203.9M | ||
| Q2 25 | $38.0M | $188.9M | ||
| Q1 25 | $225.8M | $134.3M | ||
| Q4 24 | $213.8M | $154.6M | ||
| Q3 24 | $273.2M | $102.6M | ||
| Q2 24 | $18.9M | $87.0M | ||
| Q1 24 | $22.2M | $49.5M |
| Q4 25 | — | $282.8M | ||
| Q3 25 | — | $284.6M | ||
| Q2 25 | — | $286.4M | ||
| Q1 25 | $800.1M | $288.2M | ||
| Q4 24 | — | $290.0M | ||
| Q3 24 | — | $287.3M | ||
| Q2 24 | — | $288.0M | ||
| Q1 24 | $166.0M | $288.8M |
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $1.1B | $1.5B | ||
| Q2 25 | $1.1B | $1.5B | ||
| Q1 25 | $1.1B | $1.5B | ||
| Q4 24 | $1.0B | $1.4B | ||
| Q3 24 | $1.0B | $1.4B | ||
| Q2 24 | $650.2M | $1.4B | ||
| Q1 24 | $615.7M | $1.4B |
| Q4 25 | $2.3B | $2.2B | ||
| Q3 25 | $1.5B | $2.1B | ||
| Q2 25 | $1.5B | $2.1B | ||
| Q1 25 | $1.4B | $2.1B | ||
| Q4 24 | $1.4B | $2.1B | ||
| Q3 24 | $1.4B | $2.1B | ||
| Q2 24 | $1.1B | $2.1B | ||
| Q1 24 | $1.0B | $2.1B |
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.19× | ||
| Q1 25 | 0.75× | 0.20× | ||
| Q4 24 | — | 0.20× | ||
| Q3 24 | — | 0.20× | ||
| Q2 24 | — | 0.20× | ||
| Q1 24 | 0.27× | 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 | $28.9M | $57.6M |
| Free Cash FlowOCF − Capex | $22.7M | $46.6M |
| FCF MarginFCF / Revenue | 9.8% | 12.2% |
| Capex IntensityCapex / Revenue | 2.6% | 2.9% |
| Cash ConversionOCF / Net Profit | 2.81× | 4.93× |
| TTM Free Cash FlowTrailing 4 quarters | $162.0M | $110.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.9M | $57.6M | ||
| Q3 25 | $61.8M | $27.3M | ||
| Q2 25 | $60.6M | $64.4M | ||
| Q1 25 | $27.3M | $-3.1M | ||
| Q4 24 | $11.6M | $62.3M | ||
| Q3 24 | $66.8M | $22.7M | ||
| Q2 24 | $62.7M | $44.1M | ||
| Q1 24 | $22.4M | $-21.8M |
| Q4 25 | $22.7M | $46.6M | ||
| Q3 25 | $58.7M | $17.0M | ||
| Q2 25 | $57.7M | $56.6M | ||
| Q1 25 | $22.8M | $-10.3M | ||
| Q4 24 | $8.5M | $56.0M | ||
| Q3 24 | $61.3M | $17.7M | ||
| Q2 24 | $59.6M | $39.0M | ||
| Q1 24 | $17.5M | $-26.9M |
| Q4 25 | 9.8% | 12.2% | ||
| Q3 25 | 21.2% | 4.7% | ||
| Q2 25 | 21.9% | 16.4% | ||
| Q1 25 | 9.9% | -3.1% | ||
| Q4 24 | 4.4% | 17.2% | ||
| Q3 24 | 26.9% | 5.7% | ||
| Q2 24 | 26.3% | 12.5% | ||
| Q1 24 | 8.3% | -9.0% |
| Q4 25 | 2.6% | 2.9% | ||
| Q3 25 | 1.1% | 2.8% | ||
| Q2 25 | 1.1% | 2.2% | ||
| Q1 25 | 2.0% | 2.2% | ||
| Q4 24 | 1.6% | 1.9% | ||
| Q3 24 | 2.4% | 1.6% | ||
| Q2 24 | 1.4% | 1.6% | ||
| Q1 24 | 2.3% | 1.7% |
| Q4 25 | 2.81× | 4.93× | ||
| Q3 25 | 1.52× | 25.34× | ||
| Q2 25 | 1.48× | — | ||
| Q1 25 | 0.78× | -4.36× | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.62× | — | ||
| Q1 24 | 0.71× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
LFST
Segment breakdown not available.
