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Side-by-side financial comparison of LifeMD, Inc. (LFMD) and STEM, INC. (STEM). Click either name above to swap in a different company.

LifeMD, Inc. is the larger business by last-quarter revenue ($60.2M vs $47.1M, roughly 1.3× STEM, INC.). LifeMD, Inc. runs the higher net margin — -6.3% vs -33.9%, a 27.6% gap on every dollar of revenue. On growth, LifeMD, Inc. posted the faster year-over-year revenue change (13.0% vs -15.6%). Over the past eight quarters, STEM, INC.'s revenue compounded faster (36.1% CAGR vs 24.8%).

SBI Life Insurance Company Limited is an Indian life insurance company. It was started as a joint venture between State Bank of India (SBI) and French financial institution BNP Paribas Cardif.

StemCells, Inc. is a public biopharmaceutical company headquartered in Newark, California, that is developing purified human neural stem cells (HuCNS-SCs) in the hopes of treating central nervous system disorders and paralysis. StemCells' HuCNS-SCs have the ability to differentiate into the three main types of cells found in the central nervous system: neurons, astrocytes and oligodendrocytes.

LFMD vs STEM — Head-to-Head

Bigger by revenue
LFMD
LFMD
1.3× larger
LFMD
$60.2M
$47.1M
STEM
Growing faster (revenue YoY)
LFMD
LFMD
+28.5% gap
LFMD
13.0%
-15.6%
STEM
Higher net margin
LFMD
LFMD
27.6% more per $
LFMD
-6.3%
-33.9%
STEM
Faster 2-yr revenue CAGR
STEM
STEM
Annualised
STEM
36.1%
24.8%
LFMD

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
LFMD
LFMD
STEM
STEM
Revenue
$60.2M
$47.1M
Net Profit
$-3.8M
$-16.0M
Gross Margin
87.7%
48.9%
Operating Margin
-3.3%
-17.7%
Net Margin
-6.3%
-33.9%
Revenue YoY
13.0%
-15.6%
Net Profit YoY
18.3%
68.8%
EPS (diluted)
$-4.40

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
LFMD
LFMD
STEM
STEM
Q4 25
$47.1M
Q3 25
$60.2M
$38.2M
Q2 25
$62.7M
$38.4M
Q1 25
$64.1M
$32.5M
Q4 24
$55.8M
Q3 24
$53.3M
$29.3M
Q2 24
$50.7M
$34.0M
Q1 24
$44.1M
$25.5M
Net Profit
LFMD
LFMD
STEM
STEM
Q4 25
$-16.0M
Q3 25
$-3.8M
$-23.8M
Q2 25
$-1.6M
$202.5M
Q1 25
$-183.8K
$-25.0M
Q4 24
$-51.1M
Q3 24
$-4.7M
$-148.3M
Q2 24
$-6.9M
$-582.3M
Q1 24
$-6.8M
$-72.3M
Gross Margin
LFMD
LFMD
STEM
STEM
Q4 25
48.9%
Q3 25
87.7%
35.5%
Q2 25
88.1%
33.4%
Q1 25
86.5%
32.4%
Q4 24
-4.4%
Q3 24
90.6%
21.2%
Q2 24
90.1%
27.6%
Q1 24
89.6%
-95.0%
Operating Margin
LFMD
LFMD
STEM
STEM
Q4 25
-17.7%
Q3 25
-3.3%
-33.6%
Q2 25
-0.7%
-34.8%
Q1 25
1.5%
-65.0%
Q4 24
-84.4%
Q3 24
-7.5%
-493.2%
Q2 24
-12.4%
-1705.5%
Q1 24
-14.0%
-267.0%
Net Margin
LFMD
LFMD
STEM
STEM
Q4 25
-33.9%
Q3 25
-6.3%
-62.2%
Q2 25
-2.6%
527.8%
Q1 25
-0.3%
-76.9%
Q4 24
-91.6%
Q3 24
-8.7%
-506.3%
Q2 24
-13.6%
-1712.6%
Q1 24
-15.3%
-283.9%
EPS (diluted)
LFMD
LFMD
STEM
STEM
Q4 25
$-4.40
Q3 25
$-2.84
Q2 25
$-0.05
$-1.79
Q1 25
$-0.02
$-0.15
Q4 24
$-15.29
Q3 24
$-0.13
$-18.24
Q2 24
$-71.81
Q1 24
$-0.46

Balance Sheet & Financial Strength

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

Metric
LFMD
LFMD
STEM
STEM
Cash + ST InvestmentsLiquidity on hand
$48.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3M
$-249.4M
Total Assets
$66.0M
$308.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LFMD
LFMD
STEM
STEM
Q4 25
$48.9M
Q3 25
$43.1M
Q2 25
$36.2M
$40.8M
Q1 25
$34.4M
$58.6M
Q4 24
$56.3M
Q3 24
$37.6M
$75.4M
Q2 24
$35.7M
$89.6M
Q1 24
$35.1M
$112.8M
Total Debt
LFMD
LFMD
STEM
STEM
Q4 25
Q3 25
Q2 25
$15.9M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
LFMD
LFMD
STEM
STEM
Q4 25
$-249.4M
Q3 25
$1.3M
$-235.7M
Q2 25
$-1.8M
$-214.1M
Q1 25
$-2.3M
$-417.5M
Q4 24
$-398.4M
Q3 24
$-7.7M
$-344.1M
Q2 24
$-4.2M
$-203.2M
Q1 24
$-845.3K
$371.6M
Total Assets
LFMD
LFMD
STEM
STEM
Q4 25
$308.9M
Q3 25
$66.0M
$362.6M
Q2 25
$73.6M
$379.2M
Q1 25
$73.6M
$405.1M
Q4 24
$437.4M
Q3 24
$72.6M
$537.8M
Q2 24
$63.8M
$691.5M
Q1 24
$61.5M
$1.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LFMD
LFMD
STEM
STEM
Operating Cash FlowLast quarter
$-147.1K
$8.2M
Free Cash FlowOCF − Capex
$-944.4K
FCF MarginFCF / Revenue
-1.6%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$16.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LFMD
LFMD
STEM
STEM
Q4 25
$8.2M
Q3 25
$-147.1K
$11.4M
Q2 25
$8.6M
$-21.3M
Q1 25
$3.1M
$8.5M
Q4 24
$-14.7M
Q3 24
$6.7M
$-9.4M
Q2 24
$4.5M
$-11.9M
Q1 24
$5.2M
$-621.0K
Free Cash Flow
LFMD
LFMD
STEM
STEM
Q4 25
Q3 25
$-944.4K
Q2 25
$7.8M
Q1 25
$2.9M
Q4 24
Q3 24
$6.3M
Q2 24
$3.9M
Q1 24
$5.0M
FCF Margin
LFMD
LFMD
STEM
STEM
Q4 25
Q3 25
-1.6%
Q2 25
12.5%
Q1 25
4.6%
Q4 24
Q3 24
11.7%
Q2 24
7.7%
Q1 24
11.4%
Capex Intensity
LFMD
LFMD
STEM
STEM
Q4 25
Q3 25
1.3%
Q2 25
1.3%
Q1 25
0.2%
Q4 24
Q3 24
0.8%
Q2 24
1.3%
Q1 24
0.4%
Cash Conversion
LFMD
LFMD
STEM
STEM
Q4 25
Q3 25
Q2 25
-0.11×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LFMD
LFMD

Telehealth Subscription Revenue$27.3M45%
Telehealth$20.0M33%
Work Simpli Revenue$12.9M21%
Product And Services$2.5M4%

STEM
STEM

Segment breakdown not available.

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