vs

Side-by-side financial comparison of LifeStance Health Group, Inc. (LFST) and ROYAL GOLD INC (RGLD). 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 $375.3M, roughly 1.0× ROYAL GOLD INC). ROYAL GOLD INC runs the higher net margin — 24.9% vs 3.1%, a 21.9% gap on every dollar of revenue. On growth, ROYAL GOLD INC posted the faster year-over-year revenue change (85.3% vs 17.4%). Over the past eight quarters, ROYAL GOLD INC's revenue compounded faster (58.8% CAGR vs 12.8%).

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.

Royal Gold Inc. is a leading precious metals streaming and royalty firm that acquires and manages a diversified portfolio of streaming interests, royalties, and equity interests tied to mining projects. Its assets cover gold, silver, and copper production across North America, South America, Africa, and Australia, operating with a low-risk model that avoids direct mining operations.

LFST vs RGLD — Head-to-Head

Bigger by revenue
LFST
LFST
1.0× larger
LFST
$382.2M
$375.3M
RGLD
Growing faster (revenue YoY)
RGLD
RGLD
+67.9% gap
RGLD
85.3%
17.4%
LFST
Higher net margin
RGLD
RGLD
21.9% more per $
RGLD
24.9%
3.1%
LFST
Faster 2-yr revenue CAGR
RGLD
RGLD
Annualised
RGLD
58.8%
12.8%
LFST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LFST
LFST
RGLD
RGLD
Revenue
$382.2M
$375.3M
Net Profit
$11.7M
$93.6M
Gross Margin
64.6%
Operating Margin
4.7%
56.2%
Net Margin
3.1%
24.9%
Revenue YoY
17.4%
85.3%
Net Profit YoY
264.1%
-12.8%
EPS (diluted)
$1.04

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
LFST
LFST
RGLD
RGLD
Q4 25
$382.2M
$375.3M
Q3 25
$363.8M
$252.1M
Q2 25
$345.3M
$209.6M
Q1 25
$333.0M
$193.4M
Q4 24
$325.5M
$202.6M
Q3 24
$312.7M
$193.8M
Q2 24
$312.3M
$174.1M
Q1 24
$300.4M
$148.9M
Net Profit
LFST
LFST
RGLD
RGLD
Q4 25
$11.7M
$93.6M
Q3 25
$1.1M
$126.8M
Q2 25
$-3.8M
$132.3M
Q1 25
$709.0K
$113.5M
Q4 24
$-7.1M
$107.4M
Q3 24
$-6.0M
$96.2M
Q2 24
$-23.3M
$81.2M
Q1 24
$-21.1M
$47.2M
Gross Margin
LFST
LFST
RGLD
RGLD
Q4 25
64.6%
Q3 25
73.6%
Q2 25
72.6%
Q1 25
69.4%
Q4 24
70.3%
Q3 24
66.6%
Q2 24
64.7%
Q1 24
58.4%
Operating Margin
LFST
LFST
RGLD
RGLD
Q4 25
4.7%
56.2%
Q3 25
2.0%
64.4%
Q2 25
-0.9%
67.7%
Q1 25
0.5%
63.6%
Q4 24
0.3%
65.9%
Q3 24
0.0%
61.3%
Q2 24
-5.1%
58.6%
Q1 24
-5.6%
50.7%
Net Margin
LFST
LFST
RGLD
RGLD
Q4 25
3.1%
24.9%
Q3 25
0.3%
50.3%
Q2 25
-1.1%
63.1%
Q1 25
0.2%
58.7%
Q4 24
-2.2%
53.0%
Q3 24
-1.9%
49.7%
Q2 24
-7.5%
46.6%
Q1 24
-7.0%
31.7%
EPS (diluted)
LFST
LFST
RGLD
RGLD
Q4 25
$1.04
Q3 25
$1.92
Q2 25
$2.01
Q1 25
$1.72
Q4 24
$1.63
Q3 24
$1.46
Q2 24
$1.23
Q1 24
$0.72

Balance Sheet & Financial Strength

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

Metric
LFST
LFST
RGLD
RGLD
Cash + ST InvestmentsLiquidity on hand
$248.6M
$233.7M
Total DebtLower is stronger
$282.8M
Stockholders' EquityBook value
$1.5B
$7.2B
Total Assets
$2.2B
$9.5B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LFST
LFST
RGLD
RGLD
Q4 25
$248.6M
$233.7M
Q3 25
$203.9M
$172.8M
Q2 25
$188.9M
$248.2M
Q1 25
$134.3M
$240.8M
Q4 24
$154.6M
$195.5M
Q3 24
$102.6M
$127.9M
Q2 24
$87.0M
$74.2M
Q1 24
$49.5M
$137.9M
Total Debt
LFST
LFST
RGLD
RGLD
Q4 25
$282.8M
Q3 25
$284.6M
Q2 25
$286.4M
Q1 25
$288.2M
Q4 24
$290.0M
Q3 24
$287.3M
$0
Q2 24
$288.0M
$50.0M
Q1 24
$288.8M
Stockholders' Equity
LFST
LFST
RGLD
RGLD
Q4 25
$1.5B
$7.2B
Q3 25
$1.5B
$3.4B
Q2 25
$1.5B
$3.3B
Q1 25
$1.5B
$3.2B
Q4 24
$1.4B
$3.1B
Q3 24
$1.4B
$3.0B
Q2 24
$1.4B
$3.0B
Q1 24
$1.4B
$2.9B
Total Assets
LFST
LFST
RGLD
RGLD
Q4 25
$2.2B
$9.5B
Q3 25
$2.1B
$4.5B
Q2 25
$2.1B
$3.6B
Q1 25
$2.1B
$3.5B
Q4 24
$2.1B
$3.4B
Q3 24
$2.1B
$3.3B
Q2 24
$2.1B
$3.3B
Q1 24
$2.1B
$3.3B
Debt / Equity
LFST
LFST
RGLD
RGLD
Q4 25
0.19×
Q3 25
0.19×
Q2 25
0.19×
Q1 25
0.20×
Q4 24
0.20×
Q3 24
0.20×
0.00×
Q2 24
0.20×
0.02×
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
LFST
LFST
RGLD
RGLD
Operating Cash FlowLast quarter
$57.6M
$241.7M
Free Cash FlowOCF − Capex
$46.6M
FCF MarginFCF / Revenue
12.2%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
4.93×
2.58×
TTM Free Cash FlowTrailing 4 quarters
$110.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LFST
LFST
RGLD
RGLD
Q4 25
$57.6M
$241.7M
Q3 25
$27.3M
$174.0M
Q2 25
$64.4M
$152.8M
Q1 25
$-3.1M
$136.4M
Q4 24
$62.3M
$141.1M
Q3 24
$22.7M
$136.7M
Q2 24
$44.1M
$113.5M
Q1 24
$-21.8M
$138.3M
Free Cash Flow
LFST
LFST
RGLD
RGLD
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 24
$-26.9M
FCF Margin
LFST
LFST
RGLD
RGLD
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 24
-9.0%
Capex Intensity
LFST
LFST
RGLD
RGLD
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 24
1.7%
Cash Conversion
LFST
LFST
RGLD
RGLD
Q4 25
4.93×
2.58×
Q3 25
25.34×
1.37×
Q2 25
1.15×
Q1 25
-4.36×
1.20×
Q4 24
1.31×
Q3 24
1.42×
Q2 24
1.40×
Q1 24
2.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LFST
LFST

Segment breakdown not available.

RGLD
RGLD

Gold$216.9M58%
Pueblo Viejo$47.3M13%
Andacollo$32.6M9%
Silver$32.1M9%
Other$27.2M7%
Copper$13.7M4%
Cortez Legacy Zone$5.4M1%

Related Comparisons