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Side-by-side financial comparison of Claritev Corp (CTEV) 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 $246.6M, roughly 1.6× Claritev Corp). LifeStance Health Group, Inc. runs the higher net margin — 3.1% vs -32.7%, a 35.7% gap on every dollar of revenue. On growth, LifeStance Health Group, Inc. posted the faster year-over-year revenue change (17.4% vs 6.2%). LifeStance Health Group, Inc. produced more free cash flow last quarter ($46.6M vs $36.4M). Over the past eight quarters, LifeStance Health Group, Inc.'s revenue compounded faster (12.8% CAGR vs 2.5%).

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.

CTEV vs LFST — Head-to-Head

Bigger by revenue
LFST
LFST
1.6× larger
LFST
$382.2M
$246.6M
CTEV
Growing faster (revenue YoY)
LFST
LFST
+11.2% gap
LFST
17.4%
6.2%
CTEV
Higher net margin
LFST
LFST
35.7% more per $
LFST
3.1%
-32.7%
CTEV
More free cash flow
LFST
LFST
$10.3M more FCF
LFST
$46.6M
$36.4M
CTEV
Faster 2-yr revenue CAGR
LFST
LFST
Annualised
LFST
12.8%
2.5%
CTEV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CTEV
CTEV
LFST
LFST
Revenue
$246.6M
$382.2M
Net Profit
$-80.6M
$11.7M
Gross Margin
Operating Margin
-3.1%
4.7%
Net Margin
-32.7%
3.1%
Revenue YoY
6.2%
17.4%
Net Profit YoY
41.6%
264.1%
EPS (diluted)
$-4.88

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.

Revenue
CTEV
CTEV
LFST
LFST
Q4 25
$246.6M
$382.2M
Q3 25
$246.0M
$363.8M
Q2 25
$241.6M
$345.3M
Q1 25
$231.3M
$333.0M
Q4 24
$232.1M
$325.5M
Q3 24
$230.5M
$312.7M
Q2 24
$233.5M
$312.3M
Q1 24
$234.5M
$300.4M
Net Profit
CTEV
CTEV
LFST
LFST
Q4 25
$-80.6M
$11.7M
Q3 25
$-69.8M
$1.1M
Q2 25
$-62.6M
$-3.8M
Q1 25
$-71.3M
$709.0K
Q4 24
$-138.0M
$-7.1M
Q3 24
$-391.4M
$-6.0M
Q2 24
$-576.7M
$-23.3M
Q1 24
$-539.7M
$-21.1M
Operating Margin
CTEV
CTEV
LFST
LFST
Q4 25
-3.1%
4.7%
Q3 25
4.1%
2.0%
Q2 25
6.9%
-0.9%
Q1 25
4.2%
0.5%
Q4 24
-17.8%
0.3%
Q3 24
-146.7%
0.0%
Q2 24
-224.4%
-5.1%
Q1 24
-207.4%
-5.6%
Net Margin
CTEV
CTEV
LFST
LFST
Q4 25
-32.7%
3.1%
Q3 25
-28.4%
0.3%
Q2 25
-25.9%
-1.1%
Q1 25
-30.8%
0.2%
Q4 24
-59.4%
-2.2%
Q3 24
-169.8%
-1.9%
Q2 24
-247.0%
-7.5%
Q1 24
-230.1%
-7.0%
EPS (diluted)
CTEV
CTEV
LFST
LFST
Q4 25
$-4.88
Q3 25
$-4.23
Q2 25
$-3.81
Q1 25
$-4.38
Q4 24
$-8.49
Q3 24
$-24.25
Q2 24
$-35.78
Q1 24
$-33.40

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CTEV
CTEV
LFST
LFST
Cash + ST InvestmentsLiquidity on hand
$16.8M
$248.6M
Total DebtLower is stronger
$4.6B
$282.8M
Stockholders' EquityBook value
$-173.9M
$1.5B
Total Assets
$4.9B
$2.2B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTEV
CTEV
LFST
LFST
Q4 25
$16.8M
$248.6M
Q3 25
$39.2M
$203.9M
Q2 25
$56.4M
$188.9M
Q1 25
$23.1M
$134.3M
Q4 24
$16.8M
$154.6M
Q3 24
$86.6M
$102.6M
Q2 24
$48.8M
$87.0M
Q1 24
$58.7M
$49.5M
Total Debt
CTEV
CTEV
LFST
LFST
Q4 25
$4.6B
$282.8M
Q3 25
$4.5B
$284.6M
Q2 25
$4.5B
$286.4M
Q1 25
$4.5B
$288.2M
Q4 24
$4.5B
$290.0M
Q3 24
$4.5B
$287.3M
Q2 24
$4.5B
$288.0M
Q1 24
$4.5B
$288.8M
Stockholders' Equity
CTEV
CTEV
LFST
LFST
Q4 25
$-173.9M
$1.5B
Q3 25
$-101.8M
$1.5B
Q2 25
$-39.9M
$1.5B
Q1 25
$14.8M
$1.5B
Q4 24
$84.0M
$1.4B
Q3 24
$207.6M
$1.4B
Q2 24
$603.4M
$1.4B
Q1 24
$1.2B
$1.4B
Total Assets
CTEV
CTEV
LFST
LFST
Q4 25
$4.9B
$2.2B
Q3 25
$5.0B
$2.1B
Q2 25
$5.1B
$2.1B
Q1 25
$5.1B
$2.1B
Q4 24
$5.2B
$2.1B
Q3 24
$5.3B
$2.1B
Q2 24
$5.7B
$2.1B
Q1 24
$6.4B
$2.1B
Debt / Equity
CTEV
CTEV
LFST
LFST
Q4 25
0.19×
Q3 25
0.19×
Q2 25
0.19×
Q1 25
304.87×
0.20×
Q4 24
53.67×
0.20×
Q3 24
21.73×
0.20×
Q2 24
7.48×
0.20×
Q1 24
3.85×
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
CTEV
CTEV
LFST
LFST
Operating Cash FlowLast quarter
$66.3M
$57.6M
Free Cash FlowOCF − Capex
$36.4M
$46.6M
FCF MarginFCF / Revenue
14.8%
12.2%
Capex IntensityCapex / Revenue
12.1%
2.9%
Cash ConversionOCF / Net Profit
4.93×
TTM Free Cash FlowTrailing 4 quarters
$-12.3M
$110.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTEV
CTEV
LFST
LFST
Q4 25
$66.3M
$57.6M
Q3 25
$19.9M
$27.3M
Q2 25
$61.2M
$64.4M
Q1 25
$-30.1M
$-3.1M
Q4 24
$-33.4M
$62.3M
Q3 24
$72.8M
$22.7M
Q2 24
$18.5M
$44.1M
Q1 24
$49.7M
$-21.8M
Free Cash Flow
CTEV
CTEV
LFST
LFST
Q4 25
$36.4M
$46.6M
Q3 25
$-16.3M
$17.0M
Q2 25
$36.6M
$56.6M
Q1 25
$-68.9M
$-10.3M
Q4 24
$-63.8M
$56.0M
Q3 24
$41.1M
$17.7M
Q2 24
$-7.0M
$39.0M
Q1 24
$19.2M
$-26.9M
FCF Margin
CTEV
CTEV
LFST
LFST
Q4 25
14.8%
12.2%
Q3 25
-6.6%
4.7%
Q2 25
15.2%
16.4%
Q1 25
-29.8%
-3.1%
Q4 24
-27.5%
17.2%
Q3 24
17.8%
5.7%
Q2 24
-3.0%
12.5%
Q1 24
8.2%
-9.0%
Capex Intensity
CTEV
CTEV
LFST
LFST
Q4 25
12.1%
2.9%
Q3 25
14.7%
2.8%
Q2 25
10.2%
2.2%
Q1 25
16.8%
2.2%
Q4 24
13.1%
1.9%
Q3 24
13.8%
1.6%
Q2 24
10.9%
1.6%
Q1 24
13.0%
1.7%
Cash Conversion
CTEV
CTEV
LFST
LFST
Q4 25
4.93×
Q3 25
25.34×
Q2 25
Q1 25
-4.36×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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