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Side-by-side financial comparison of LifeStance Health Group, Inc. (LFST) and ONE Group Hospitality, Inc. (STKS). 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 $207.0M, roughly 1.8× ONE Group Hospitality, Inc.). LifeStance Health Group, Inc. runs the higher net margin — 3.1% vs -3.1%, a 6.1% gap on every dollar of revenue. On growth, LifeStance Health Group, Inc. posted the faster year-over-year revenue change (17.4% vs -6.7%). LifeStance Health Group, Inc. produced more free cash flow last quarter ($46.6M vs $-329.0K). Over the past eight quarters, ONE Group Hospitality, Inc.'s revenue compounded faster (56.1% 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.
Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.
LFST vs STKS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $382.2M | $207.0M |
| Net Profit | $11.7M | $-6.4M |
| Gross Margin | — | — |
| Operating Margin | 4.7% | 2.2% |
| Net Margin | 3.1% | -3.1% |
| Revenue YoY | 17.4% | -6.7% |
| Net Profit YoY | 264.1% | -531.8% |
| EPS (diluted) | — | $-0.50 |
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 | $382.2M | $207.0M | ||
| Q3 25 | $363.8M | $180.2M | ||
| Q2 25 | $345.3M | $207.4M | ||
| Q1 25 | $333.0M | $211.1M | ||
| Q4 24 | $325.5M | $221.9M | ||
| Q3 24 | $312.7M | $194.0M | ||
| Q2 24 | $312.3M | $172.5M | ||
| Q1 24 | $300.4M | $85.0M |
| Q4 25 | $11.7M | $-6.4M | ||
| Q3 25 | $1.1M | $-76.7M | ||
| Q2 25 | $-3.8M | $-10.1M | ||
| Q1 25 | $709.0K | $975.0K | ||
| Q4 24 | $-7.1M | $1.5M | ||
| Q3 24 | $-6.0M | $-9.3M | ||
| Q2 24 | $-23.3M | $-7.3M | ||
| Q1 24 | $-21.1M | $-2.1M |
| Q4 25 | 4.7% | 2.2% | ||
| Q3 25 | 2.0% | -4.4% | ||
| Q2 25 | -0.9% | 0.3% | ||
| Q1 25 | 0.5% | 5.1% | ||
| Q4 24 | 0.3% | 5.5% | ||
| Q3 24 | 0.0% | -1.9% | ||
| Q2 24 | -5.1% | 0.6% | ||
| Q1 24 | -5.6% | -0.7% |
| Q4 25 | 3.1% | -3.1% | ||
| Q3 25 | 0.3% | -42.6% | ||
| Q2 25 | -1.1% | -4.9% | ||
| Q1 25 | 0.2% | 0.5% | ||
| Q4 24 | -2.2% | 0.7% | ||
| Q3 24 | -1.9% | -4.8% | ||
| Q2 24 | -7.5% | -4.3% | ||
| Q1 24 | -7.0% | -2.4% |
| Q4 25 | — | $-0.50 | ||
| Q3 25 | — | $-2.75 | ||
| Q2 25 | — | $-0.59 | ||
| Q1 25 | — | $-0.21 | ||
| Q4 24 | — | $-0.18 | ||
| Q3 24 | — | $-0.53 | ||
| Q2 24 | — | $-0.38 | ||
| Q1 24 | — | $-0.07 |
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 | $4.2M |
| Total DebtLower is stronger | $282.8M | $354.2M |
| Stockholders' EquityBook value | $1.5B | $-75.8M |
| Total Assets | $2.2B | $884.2M |
| Debt / EquityLower = less leverage | 0.19× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $248.6M | $4.2M | ||
| Q3 25 | $203.9M | $5.5M | ||
| Q2 25 | $188.9M | $4.7M | ||
| Q1 25 | $134.3M | $21.4M | ||
| Q4 24 | $154.6M | $27.6M | ||
| Q3 24 | $102.6M | $28.2M | ||
| Q2 24 | $87.0M | $32.2M | ||
| Q1 24 | $49.5M | $15.4M |
| Q4 25 | $282.8M | $354.2M | ||
| Q3 25 | $284.6M | $355.0M | ||
| Q2 25 | $286.4M | $347.4M | ||
| Q1 25 | $288.2M | $348.3M | ||
| Q4 24 | $290.0M | $348.3M | ||
| Q3 24 | $287.3M | $349.1M | ||
| Q2 24 | $288.0M | $350.0M | ||
| Q1 24 | $288.8M | $73.5M |
| Q4 25 | $1.5B | $-75.8M | ||
| Q3 25 | $1.5B | $-61.5M | ||
| Q2 25 | $1.5B | $23.0M | ||
| Q1 25 | $1.5B | $40.5M | ||
| Q4 24 | $1.4B | $45.9M | ||
| Q3 24 | $1.4B | $51.4M | ||
| Q2 24 | $1.4B | $68.1M | ||
| Q1 24 | $1.4B | $68.3M |
| Q4 25 | $2.2B | $884.2M | ||
| Q3 25 | $2.1B | $879.5M | ||
| Q2 25 | $2.1B | $935.7M | ||
| Q1 25 | $2.1B | $956.0M | ||
| Q4 24 | $2.1B | $960.1M | ||
| Q3 24 | $2.1B | $953.5M | ||
| Q2 24 | $2.1B | $945.9M | ||
| Q1 24 | $2.1B | $309.3M |
| Q4 25 | 0.19× | — | ||
| Q3 25 | 0.19× | — | ||
| Q2 25 | 0.19× | 15.07× | ||
| Q1 25 | 0.20× | 8.61× | ||
| Q4 24 | 0.20× | 7.59× | ||
| Q3 24 | 0.20× | 6.79× | ||
| Q2 24 | 0.20× | 5.14× | ||
| Q1 24 | 0.20× | 1.08× |
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 | $13.1M |
| Free Cash FlowOCF − Capex | $46.6M | $-329.0K |
| FCF MarginFCF / Revenue | 12.2% | -0.2% |
| Capex IntensityCapex / Revenue | 2.9% | 6.5% |
| Cash ConversionOCF / Net Profit | 4.93× | — |
| TTM Free Cash FlowTrailing 4 quarters | $110.0M | $-27.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $57.6M | $13.1M | ||
| Q3 25 | $27.3M | $5.9M | ||
| Q2 25 | $64.4M | $2.8M | ||
| Q1 25 | $-3.1M | $8.5M | ||
| Q4 24 | $62.3M | $18.5M | ||
| Q3 24 | $22.7M | $19.1M | ||
| Q2 24 | $44.1M | $-3.8M | ||
| Q1 24 | $-21.8M | $10.4M |
| Q4 25 | $46.6M | $-329.0K | ||
| Q3 25 | $17.0M | $-6.1M | ||
| Q2 25 | $56.6M | $-15.0M | ||
| Q1 25 | $-10.3M | $-5.8M | ||
| Q4 24 | $56.0M | $733.0K | ||
| Q3 24 | $17.7M | $287.0K | ||
| Q2 24 | $39.0M | $-23.0M | ||
| Q1 24 | $-26.9M | $-5.4M |
| Q4 25 | 12.2% | -0.2% | ||
| Q3 25 | 4.7% | -3.4% | ||
| Q2 25 | 16.4% | -7.2% | ||
| Q1 25 | -3.1% | -2.7% | ||
| Q4 24 | 17.2% | 0.3% | ||
| Q3 24 | 5.7% | 0.1% | ||
| Q2 24 | 12.5% | -13.3% | ||
| Q1 24 | -9.0% | -6.4% |
| Q4 25 | 2.9% | 6.5% | ||
| Q3 25 | 2.8% | 6.7% | ||
| Q2 25 | 2.2% | 8.6% | ||
| Q1 25 | 2.2% | 6.8% | ||
| Q4 24 | 1.9% | 8.0% | ||
| Q3 24 | 1.6% | 9.7% | ||
| Q2 24 | 1.6% | 11.1% | ||
| Q1 24 | 1.7% | 18.6% |
| Q4 25 | 4.93× | — | ||
| Q3 25 | 25.34× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -4.36× | 8.76× | ||
| Q4 24 | — | 12.54× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LFST
Segment breakdown not available.
STKS
| Benihanas | $111.3M | 54% |
| Steakhouse Restaurant | $59.2M | 29% |
| Grill Concepts | $32.3M | 16% |
| Other | $4.2M | 2% |
