vs
Side-by-side financial comparison of LifeStance Health Group, Inc. (LFST) and Principal Financial Group (PFG). Click either name above to swap in a different company.
Principal Financial Group is the larger business by last-quarter revenue ($750.8M vs $382.2M, roughly 2.0× LifeStance Health Group, Inc.). LifeStance Health Group, Inc. runs the higher net margin — 3.1% vs 0.3%, a 2.8% gap on every dollar of revenue. On growth, LifeStance Health Group, Inc. posted the faster year-over-year revenue change (17.4% vs 4.0%). Over the past eight quarters, LifeStance Health Group, Inc.'s revenue compounded faster (12.8% CAGR vs -58.3%).
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.
Principal Financial GroupPFGEarnings & Financial Report
Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.
LFST vs PFG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $382.2M | $750.8M |
| Net Profit | $11.7M | $1.9M |
| Gross Margin | — | — |
| Operating Margin | 4.7% | — |
| Net Margin | 3.1% | 0.3% |
| Revenue YoY | 17.4% | 4.0% |
| Net Profit YoY | 264.1% | 783.0% |
| EPS (diluted) | — | — |
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 | — | $750.8M | ||
| Q4 25 | $382.2M | $4.6B | ||
| Q3 25 | $363.8M | $3.7B | ||
| Q2 25 | $345.3M | $3.7B | ||
| Q1 25 | $333.0M | $3.7B | ||
| Q4 24 | $325.5M | $4.8B | ||
| Q3 24 | $312.7M | $3.0B | ||
| Q2 24 | $312.3M | $4.3B |
| Q1 26 | — | $1.9M | ||
| Q4 25 | $11.7M | $517.0M | ||
| Q3 25 | $1.1M | $213.8M | ||
| Q2 25 | $-3.8M | $406.2M | ||
| Q1 25 | $709.0K | $48.1M | ||
| Q4 24 | $-7.1M | $905.4M | ||
| Q3 24 | $-6.0M | $-220.0M | ||
| Q2 24 | $-23.3M | $353.1M |
| Q1 26 | — | — | ||
| 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 26 | — | 0.3% | ||
| Q4 25 | 3.1% | 11.3% | ||
| Q3 25 | 0.3% | 5.8% | ||
| Q2 25 | -1.1% | 11.1% | ||
| Q1 25 | 0.2% | 1.3% | ||
| Q4 24 | -2.2% | 19.1% | ||
| Q3 24 | -1.9% | -7.3% | ||
| Q2 24 | -7.5% | 8.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.30 | ||
| Q3 25 | — | $0.95 | ||
| Q2 25 | — | $1.79 | ||
| Q1 25 | — | $0.21 | ||
| Q4 24 | — | $3.92 | ||
| Q3 24 | — | $-0.95 | ||
| Q2 24 | — | $1.49 |
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 | $4.4B | ||
| Q3 25 | $203.9M | $5.1B | ||
| Q2 25 | $188.9M | $3.7B | ||
| Q1 25 | $134.3M | $3.9B | ||
| Q4 24 | $154.6M | $4.2B | ||
| Q3 24 | $102.6M | $6.2B | ||
| Q2 24 | $87.0M | $4.8B |
| Q1 26 | — | — | ||
| Q4 25 | $282.8M | $3.9B | ||
| Q3 25 | $284.6M | $3.9B | ||
| Q2 25 | $286.4M | $3.9B | ||
| Q1 25 | $288.2M | $4.3B | ||
| Q4 24 | $290.0M | $4.0B | ||
| Q3 24 | $287.3M | $3.9B | ||
| Q2 24 | $288.0M | $3.9B |
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $11.9B | ||
| Q3 25 | $1.5B | $11.7B | ||
| Q2 25 | $1.5B | $11.4B | ||
| Q1 25 | $1.5B | $11.2B | ||
| Q4 24 | $1.4B | $11.1B | ||
| Q3 24 | $1.4B | $11.2B | ||
| Q2 24 | $1.4B | $11.0B |
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | $341.4B | ||
| Q3 25 | $2.1B | $334.5B | ||
| Q2 25 | $2.1B | $323.1B | ||
| Q1 25 | $2.1B | $313.0B | ||
| Q4 24 | $2.1B | $313.7B | ||
| Q3 24 | $2.1B | $322.9B | ||
| Q2 24 | $2.1B | $308.8B |
| Q1 26 | — | — | ||
| Q4 25 | 0.19× | 0.33× | ||
| Q3 25 | 0.19× | 0.34× | ||
| Q2 25 | 0.19× | 0.34× | ||
| Q1 25 | 0.20× | 0.39× | ||
| Q4 24 | 0.20× | 0.36× | ||
| Q3 24 | 0.20× | 0.35× | ||
| Q2 24 | 0.20× | 0.36× |
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 | $1.7B | ||
| Q3 25 | $27.3M | $1.0B | ||
| Q2 25 | $64.4M | $811.9M | ||
| Q1 25 | $-3.1M | $977.3M | ||
| Q4 24 | $62.3M | $1.5B | ||
| Q3 24 | $22.7M | $1.1B | ||
| Q2 24 | $44.1M | $1.4B |
| Q1 26 | — | — | ||
| Q4 25 | $46.6M | — | ||
| Q3 25 | $17.0M | — | ||
| Q2 25 | $56.6M | — | ||
| Q1 25 | $-10.3M | — | ||
| Q4 24 | $56.0M | — | ||
| Q3 24 | $17.7M | — | ||
| Q2 24 | $39.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 12.2% | — | ||
| Q3 25 | 4.7% | — | ||
| Q2 25 | 16.4% | — | ||
| Q1 25 | -3.1% | — | ||
| Q4 24 | 17.2% | — | ||
| Q3 24 | 5.7% | — | ||
| Q2 24 | 12.5% | — |
| Q1 26 | — | — | ||
| Q4 25 | 2.9% | — | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | 1.9% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 1.6% | — |
| Q1 26 | — | — | ||
| Q4 25 | 4.93× | 3.37× | ||
| Q3 25 | 25.34× | 4.70× | ||
| Q2 25 | — | 2.00× | ||
| Q1 25 | -4.36× | 20.32× | ||
| Q4 24 | — | 1.61× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 4.05× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
