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Side-by-side financial comparison of LifeStance Health Group, Inc. (LFST) and Mid-America Apartment Communities (MAA). Click either name above to swap in a different company.
Mid-America Apartment Communities is the larger business by last-quarter revenue ($553.7M vs $382.2M, roughly 1.4× LifeStance Health Group, Inc.). On growth, Mid-America Apartment Communities posted the faster year-over-year revenue change (438.7% vs 17.4%). Over the past eight quarters, LifeStance Health Group, Inc.'s revenue compounded faster (12.8% CAGR vs 0.7%).
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.
Mid-America Apartment Communities, Inc. (MAA) is a publicly traded real estate investment trust based in Memphis, Tennessee that invests in apartments in the Southeastern United States and the Southwestern United States.
LFST vs MAA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $382.2M | $553.7M |
| Net Profit | $11.7M | — |
| Gross Margin | — | — |
| Operating Margin | 4.7% | — |
| Net Margin | 3.1% | — |
| Revenue YoY | 17.4% | 438.7% |
| Net Profit YoY | 264.1% | — |
| EPS (diluted) | — | $4.34 |
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 | — | $553.7M | ||
| Q4 25 | $382.2M | $555.6M | ||
| Q3 25 | $363.8M | $554.4M | ||
| Q2 25 | $345.3M | $549.9M | ||
| Q1 25 | $333.0M | $549.3M | ||
| Q4 24 | $325.5M | $549.8M | ||
| Q3 24 | $312.7M | $551.1M | ||
| Q2 24 | $312.3M | $546.4M |
| Q1 26 | — | — | ||
| Q4 25 | $11.7M | $57.6M | ||
| Q3 25 | $1.1M | $99.5M | ||
| Q2 25 | $-3.8M | $108.1M | ||
| Q1 25 | $709.0K | $181.7M | ||
| Q4 24 | $-7.1M | $166.6M | ||
| Q3 24 | $-6.0M | $115.2M | ||
| Q2 24 | $-23.3M | $102.0M |
| Q1 26 | — | — | ||
| Q4 25 | 4.7% | 10.4% | ||
| Q3 25 | 2.0% | 18.7% | ||
| Q2 25 | -0.9% | 20.2% | ||
| Q1 25 | 0.5% | 34.0% | ||
| Q4 24 | 0.3% | 31.3% | ||
| Q3 24 | 0.0% | 21.5% | ||
| Q2 24 | -5.1% | 19.3% |
| Q1 26 | — | — | ||
| Q4 25 | 3.1% | 10.4% | ||
| Q3 25 | 0.3% | 18.0% | ||
| Q2 25 | -1.1% | 19.7% | ||
| Q1 25 | 0.2% | 33.1% | ||
| Q4 24 | -2.2% | 30.3% | ||
| Q3 24 | -1.9% | 20.9% | ||
| Q2 24 | -7.5% | 18.7% |
| Q1 26 | — | $4.34 | ||
| Q4 25 | — | $0.48 | ||
| Q3 25 | — | $0.84 | ||
| Q2 25 | — | $0.92 | ||
| Q1 25 | — | $1.54 | ||
| Q4 24 | — | $1.43 | ||
| Q3 24 | — | $0.98 | ||
| Q2 24 | — | $0.86 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $248.6M | — |
| Total DebtLower is stronger | $282.8M | — |
| Stockholders' EquityBook value | $1.5B | — |
| Total Assets | $2.2B | — |
| Debt / EquityLower = less leverage | 0.19× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $248.6M | $60.3M | ||
| Q3 25 | $203.9M | $32.2M | ||
| Q2 25 | $188.9M | $54.5M | ||
| Q1 25 | $134.3M | $55.8M | ||
| Q4 24 | $154.6M | $43.0M | ||
| Q3 24 | $102.6M | $50.2M | ||
| Q2 24 | $87.0M | $62.8M |
| Q1 26 | — | — | ||
| 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 | — | — | ||
| Q4 25 | $1.5B | $5.7B | ||
| Q3 25 | $1.5B | $5.8B | ||
| Q2 25 | $1.5B | $5.9B | ||
| Q1 25 | $1.5B | $5.9B | ||
| Q4 24 | $1.4B | $5.9B | ||
| Q3 24 | $1.4B | $5.9B | ||
| Q2 24 | $1.4B | $6.0B |
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | $12.0B | ||
| Q3 25 | $2.1B | $11.9B | ||
| Q2 25 | $2.1B | $11.8B | ||
| Q1 25 | $2.1B | $11.8B | ||
| Q4 24 | $2.1B | $11.8B | ||
| Q3 24 | $2.1B | $11.8B | ||
| Q2 24 | $2.1B | $11.6B |
| Q1 26 | — | — | ||
| 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 | $46.6M | — |
| FCF MarginFCF / Revenue | 12.2% | — |
| Capex IntensityCapex / Revenue | 2.9% | — |
| Cash ConversionOCF / Net Profit | 4.93× | — |
| TTM Free Cash FlowTrailing 4 quarters | $110.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $57.6M | $261.7M | ||
| Q3 25 | $27.3M | $266.4M | ||
| Q2 25 | $64.4M | $353.4M | ||
| Q1 25 | $-3.1M | $196.6M | ||
| Q4 24 | $62.3M | $239.1M | ||
| Q3 24 | $22.7M | $309.5M | ||
| Q2 24 | $44.1M | $349.4M |
| Q1 26 | — | — | ||
| Q4 25 | $46.6M | $158.6M | ||
| Q3 25 | $17.0M | $170.8M | ||
| Q2 25 | $56.6M | $264.5M | ||
| Q1 25 | $-10.3M | $124.0M | ||
| Q4 24 | $56.0M | $152.6M | ||
| Q3 24 | $17.7M | $215.5M | ||
| Q2 24 | $39.0M | $259.7M |
| Q1 26 | — | — | ||
| Q4 25 | 12.2% | 28.5% | ||
| Q3 25 | 4.7% | 30.8% | ||
| Q2 25 | 16.4% | 48.1% | ||
| Q1 25 | -3.1% | 22.6% | ||
| Q4 24 | 17.2% | 27.8% | ||
| Q3 24 | 5.7% | 39.1% | ||
| Q2 24 | 12.5% | 47.5% |
| Q1 26 | — | — | ||
| Q4 25 | 2.9% | 18.6% | ||
| Q3 25 | 2.8% | 17.2% | ||
| Q2 25 | 2.2% | 16.2% | ||
| Q1 25 | 2.2% | 13.2% | ||
| Q4 24 | 1.9% | 15.7% | ||
| Q3 24 | 1.6% | 17.1% | ||
| Q2 24 | 1.6% | 16.4% |
| Q1 26 | — | — | ||
| Q4 25 | 4.93× | 4.55× | ||
| Q3 25 | 25.34× | 2.68× | ||
| Q2 25 | — | 3.27× | ||
| Q1 25 | -4.36× | 1.08× | ||
| Q4 24 | — | 1.43× | ||
| Q3 24 | — | 2.69× | ||
| Q2 24 | — | 3.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LFST
Segment breakdown not available.
MAA
| Same Store Communities | $517.0M | 93% |
| Non-Same Store Communities | $22.1M | 4% |
| Lease-up/Development Communities | $7.7M | 1% |
| Commercial Property/Land | $7.0M | 1% |
