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Side-by-side financial comparison of LifeStance Health Group, Inc. (LFST) and TEXAS CAPITAL BANCSHARES INC (TCBI). 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 $324.0M, roughly 1.2× TEXAS CAPITAL BANCSHARES INC). TEXAS CAPITAL BANCSHARES INC runs the higher net margin — 22.8% vs 3.1%, a 19.7% gap on every dollar of revenue. On growth, LifeStance Health Group, Inc. posted the faster year-over-year revenue change (17.4% vs 15.5%). Over the past eight quarters, LifeStance Health Group, Inc.'s revenue compounded faster (12.8% CAGR vs 10.2%).
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.
Texas Capital Bank is a bank headquartered in Dallas, Texas. The bank has branches located in every major city in Texas. Its parent bank holding company is Texas Capital Bancshares. It also operates an online-only banking division, Bask Bank.
LFST vs TCBI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $382.2M | $324.0M |
| Net Profit | $11.7M | $73.8M |
| Gross Margin | — | — |
| Operating Margin | 4.7% | — |
| Net Margin | 3.1% | 22.8% |
| Revenue YoY | 17.4% | 15.5% |
| Net Profit YoY | 264.1% | 56.8% |
| EPS (diluted) | — | $1.56 |
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 | — | $324.0M | ||
| Q4 25 | $382.2M | $327.5M | ||
| Q3 25 | $363.8M | $340.4M | ||
| Q2 25 | $345.3M | $307.5M | ||
| Q1 25 | $333.0M | $280.5M | ||
| Q4 24 | $325.5M | $229.6M | ||
| Q3 24 | $312.7M | $125.3M | ||
| Q2 24 | $312.3M | $267.0M |
| Q1 26 | — | $73.8M | ||
| Q4 25 | $11.7M | $100.7M | ||
| Q3 25 | $1.1M | $105.2M | ||
| Q2 25 | $-3.8M | $77.3M | ||
| Q1 25 | $709.0K | $47.0M | ||
| Q4 24 | $-7.1M | $71.0M | ||
| Q3 24 | $-6.0M | $-61.3M | ||
| Q2 24 | $-23.3M | $41.7M |
| Q1 26 | — | — | ||
| Q4 25 | 4.7% | 40.4% | ||
| Q3 25 | 2.0% | 40.5% | ||
| Q2 25 | -0.9% | 33.2% | ||
| Q1 25 | 0.5% | 21.6% | ||
| Q4 24 | 0.3% | 40.7% | ||
| Q3 24 | 0.0% | -63.8% | ||
| Q2 24 | -5.1% | 21.9% |
| Q1 26 | — | 22.8% | ||
| Q4 25 | 3.1% | 30.7% | ||
| Q3 25 | 0.3% | 30.9% | ||
| Q2 25 | -1.1% | 25.2% | ||
| Q1 25 | 0.2% | 16.8% | ||
| Q4 24 | -2.2% | 30.9% | ||
| Q3 24 | -1.9% | -48.9% | ||
| Q2 24 | -7.5% | 15.6% |
| Q1 26 | — | $1.56 | ||
| Q4 25 | — | $2.11 | ||
| Q3 25 | — | $2.18 | ||
| Q2 25 | — | $1.58 | ||
| Q1 25 | — | $0.92 | ||
| Q4 24 | — | $1.43 | ||
| Q3 24 | — | $-1.41 | ||
| Q2 24 | — | $0.80 |
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 | $878.3M |
| Stockholders' EquityBook value | $1.5B | $3.6B |
| Total Assets | $2.2B | $33.5B |
| Debt / EquityLower = less leverage | 0.19× | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $248.6M | — | ||
| Q3 25 | $203.9M | — | ||
| Q2 25 | $188.9M | — | ||
| Q1 25 | $134.3M | — | ||
| Q4 24 | $154.6M | — | ||
| Q3 24 | $102.6M | — | ||
| Q2 24 | $87.0M | — |
| Q1 26 | — | $878.3M | ||
| Q4 25 | $282.8M | $620.6M | ||
| Q3 25 | $284.6M | $620.4M | ||
| Q2 25 | $286.4M | $620.3M | ||
| Q1 25 | $288.2M | $660.5M | ||
| Q4 24 | $290.0M | $660.3M | ||
| Q3 24 | $287.3M | $660.2M | ||
| Q2 24 | $288.0M | $660.0M |
| Q1 26 | — | $3.6B | ||
| Q4 25 | $1.5B | $3.6B | ||
| Q3 25 | $1.5B | $3.6B | ||
| Q2 25 | $1.5B | $3.5B | ||
| Q1 25 | $1.5B | $3.4B | ||
| Q4 24 | $1.4B | $3.4B | ||
| Q3 24 | $1.4B | $3.4B | ||
| Q2 24 | $1.4B | $3.2B |
| Q1 26 | — | $33.5B | ||
| Q4 25 | $2.2B | $31.5B | ||
| Q3 25 | $2.1B | $32.5B | ||
| Q2 25 | $2.1B | $31.9B | ||
| Q1 25 | $2.1B | $31.4B | ||
| Q4 24 | $2.1B | $30.7B | ||
| Q3 24 | $2.1B | $31.6B | ||
| Q2 24 | $2.1B | $29.9B |
| Q1 26 | — | 0.24× | ||
| Q4 25 | 0.19× | 0.17× | ||
| Q3 25 | 0.19× | 0.17× | ||
| Q2 25 | 0.19× | 0.18× | ||
| Q1 25 | 0.20× | 0.19× | ||
| Q4 24 | 0.20× | 0.20× | ||
| Q3 24 | 0.20× | 0.20× | ||
| Q2 24 | 0.20× | 0.21× |
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 | $360.2M | ||
| Q3 25 | $27.3M | $166.3M | ||
| Q2 25 | $64.4M | $63.0M | ||
| Q1 25 | $-3.1M | $368.0K | ||
| Q4 24 | $62.3M | $480.1M | ||
| Q3 24 | $22.7M | $332.8M | ||
| Q2 24 | $44.1M | $33.3M |
| Q1 26 | — | — | ||
| Q4 25 | $46.6M | $347.6M | ||
| Q3 25 | $17.0M | $161.3M | ||
| Q2 25 | $56.6M | $57.5M | ||
| Q1 25 | $-10.3M | $-2.0M | ||
| Q4 24 | $56.0M | $415.2M | ||
| Q3 24 | $17.7M | $317.6M | ||
| Q2 24 | $39.0M | $11.1M |
| Q1 26 | — | — | ||
| Q4 25 | 12.2% | 106.1% | ||
| Q3 25 | 4.7% | 47.4% | ||
| Q2 25 | 16.4% | 18.7% | ||
| Q1 25 | -3.1% | -0.7% | ||
| Q4 24 | 17.2% | 180.9% | ||
| Q3 24 | 5.7% | 253.4% | ||
| Q2 24 | 12.5% | 4.1% |
| Q1 26 | — | — | ||
| Q4 25 | 2.9% | 3.8% | ||
| Q3 25 | 2.8% | 1.5% | ||
| Q2 25 | 2.2% | 1.8% | ||
| Q1 25 | 2.2% | 0.9% | ||
| Q4 24 | 1.9% | 28.2% | ||
| Q3 24 | 1.6% | 12.1% | ||
| Q2 24 | 1.6% | 8.3% |
| Q1 26 | — | — | ||
| Q4 25 | 4.93× | 3.58× | ||
| Q3 25 | 25.34× | 1.58× | ||
| Q2 25 | — | 0.81× | ||
| Q1 25 | -4.36× | 0.01× | ||
| Q4 24 | — | 6.76× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.80× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.