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Side-by-side financial comparison of KILROY REALTY CORP (KRC) 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 $272.2M, roughly 1.4× KILROY REALTY CORP). KILROY REALTY CORP runs the higher net margin — 6.3% vs 3.1%, a 3.2% gap on every dollar of revenue. On growth, LifeStance Health Group, Inc. posted the faster year-over-year revenue change (17.4% vs -5.0%). KILROY REALTY CORP produced more free cash flow last quarter ($450.3M vs $46.6M). Over the past eight quarters, LifeStance Health Group, Inc.'s revenue compounded faster (12.8% CAGR vs -1.2%).
Kilroy Realty Corp is a leading U.S. real estate investment trust that develops, owns, and operates premium office, life science, and mixed-use properties primarily across high-growth West Coast markets including Los Angeles, San Francisco, Seattle, and San Diego. It serves tenants across the technology, life sciences, media, and creative sectors, with a core focus on delivering sustainable, future-ready workspaces tailored to modern business needs.
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.
KRC vs LFST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $272.2M | $382.2M |
| Net Profit | $17.1M | $11.7M |
| Gross Margin | — | — |
| Operating Margin | — | 4.7% |
| Net Margin | 6.3% | 3.1% |
| Revenue YoY | -5.0% | 17.4% |
| Net Profit YoY | -73.7% | 264.1% |
| EPS (diluted) | $0.11 | — |
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 | $272.2M | $382.2M | ||
| Q3 25 | $279.7M | $363.8M | ||
| Q2 25 | $289.9M | $345.3M | ||
| Q1 25 | $270.8M | $333.0M | ||
| Q4 24 | $286.4M | $325.5M | ||
| Q3 24 | $289.9M | $312.7M | ||
| Q2 24 | $280.7M | $312.3M | ||
| Q1 24 | $278.6M | $300.4M |
| Q4 25 | $17.1M | $11.7M | ||
| Q3 25 | $162.3M | $1.1M | ||
| Q2 25 | $79.6M | $-3.8M | ||
| Q1 25 | $43.7M | $709.0K | ||
| Q4 24 | $65.0M | $-7.1M | ||
| Q3 24 | $57.7M | $-6.0M | ||
| Q2 24 | $54.5M | $-23.3M | ||
| Q1 24 | $55.7M | $-21.1M |
| Q4 25 | — | 4.7% | ||
| Q3 25 | — | 2.0% | ||
| Q2 25 | — | -0.9% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | -5.1% | ||
| Q1 24 | — | -5.6% |
| Q4 25 | 6.3% | 3.1% | ||
| Q3 25 | 58.0% | 0.3% | ||
| Q2 25 | 27.4% | -1.1% | ||
| Q1 25 | 16.1% | 0.2% | ||
| Q4 24 | 22.7% | -2.2% | ||
| Q3 24 | 19.9% | -1.9% | ||
| Q2 24 | 19.4% | -7.5% | ||
| Q1 24 | 20.0% | -7.0% |
| Q4 25 | $0.11 | — | ||
| Q3 25 | $1.31 | — | ||
| Q2 25 | $0.57 | — | ||
| Q1 25 | $0.33 | — | ||
| Q4 24 | $0.50 | — | ||
| Q3 24 | $0.44 | — | ||
| Q2 24 | $0.41 | — | ||
| Q1 24 | $0.42 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $179.3M | $248.6M |
| Total DebtLower is stronger | — | $282.8M |
| Stockholders' EquityBook value | $5.4B | $1.5B |
| Total Assets | $10.9B | $2.2B |
| Debt / EquityLower = less leverage | — | 0.19× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $179.3M | $248.6M | ||
| Q3 25 | $372.4M | $203.9M | ||
| Q2 25 | $193.1M | $188.9M | ||
| Q1 25 | $146.7M | $134.3M | ||
| Q4 24 | $165.7M | $154.6M | ||
| Q3 24 | $625.4M | $102.6M | ||
| Q2 24 | $835.9M | $87.0M | ||
| Q1 24 | $855.0M | $49.5M |
| 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 24 | — | $288.8M |
| Q4 25 | $5.4B | $1.5B | ||
| Q3 25 | $5.5B | $1.5B | ||
| Q2 25 | $5.4B | $1.5B | ||
| Q1 25 | $5.4B | $1.5B | ||
| Q4 24 | $5.4B | $1.4B | ||
| Q3 24 | $5.4B | $1.4B | ||
| Q2 24 | $5.4B | $1.4B | ||
| Q1 24 | $5.4B | $1.4B |
| Q4 25 | $10.9B | $2.2B | ||
| Q3 25 | $11.0B | $2.1B | ||
| Q2 25 | $10.9B | $2.1B | ||
| Q1 25 | $10.9B | $2.1B | ||
| Q4 24 | $10.9B | $2.1B | ||
| Q3 24 | $11.4B | $2.1B | ||
| Q2 24 | $11.5B | $2.1B | ||
| Q1 24 | $11.6B | $2.1B |
| 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× | ||
| Q1 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 | $566.3M | $57.6M |
| Free Cash FlowOCF − Capex | $450.3M | $46.6M |
| FCF MarginFCF / Revenue | 165.4% | 12.2% |
| Capex IntensityCapex / Revenue | 42.6% | 2.9% |
| Cash ConversionOCF / Net Profit | 33.10× | 4.93× |
| TTM Free Cash FlowTrailing 4 quarters | $833.0M | $110.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $566.3M | $57.6M | ||
| Q3 25 | $176.6M | $27.3M | ||
| Q2 25 | $143.7M | $64.4M | ||
| Q1 25 | $136.9M | $-3.1M | ||
| Q4 24 | $541.1M | $62.3M | ||
| Q3 24 | $176.3M | $22.7M | ||
| Q2 24 | $88.7M | $44.1M | ||
| Q1 24 | $167.9M | $-21.8M |
| Q4 25 | $450.3M | $46.6M | ||
| Q3 25 | $148.7M | $17.0M | ||
| Q2 25 | $118.4M | $56.6M | ||
| Q1 25 | $115.6M | $-10.3M | ||
| Q4 24 | $440.8M | $56.0M | ||
| Q3 24 | $147.2M | $17.7M | ||
| Q2 24 | $69.5M | $39.0M | ||
| Q1 24 | $151.9M | $-26.9M |
| Q4 25 | 165.4% | 12.2% | ||
| Q3 25 | 53.1% | 4.7% | ||
| Q2 25 | 40.9% | 16.4% | ||
| Q1 25 | 42.7% | -3.1% | ||
| Q4 24 | 153.9% | 17.2% | ||
| Q3 24 | 50.8% | 5.7% | ||
| Q2 24 | 24.7% | 12.5% | ||
| Q1 24 | 54.5% | -9.0% |
| Q4 25 | 42.6% | 2.9% | ||
| Q3 25 | 10.0% | 2.8% | ||
| Q2 25 | 8.7% | 2.2% | ||
| Q1 25 | 7.9% | 2.2% | ||
| Q4 24 | 35.0% | 1.9% | ||
| Q3 24 | 10.1% | 1.6% | ||
| Q2 24 | 6.8% | 1.6% | ||
| Q1 24 | 5.7% | 1.7% |
| Q4 25 | 33.10× | 4.93× | ||
| Q3 25 | 1.09× | 25.34× | ||
| Q2 25 | 1.81× | — | ||
| Q1 25 | 3.13× | -4.36× | ||
| Q4 24 | 8.32× | — | ||
| Q3 24 | 3.06× | — | ||
| Q2 24 | 1.63× | — | ||
| Q1 24 | 3.01× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
