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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

Bigger by revenue
LFST
LFST
1.2× larger
LFST
$382.2M
$324.0M
TCBI
Growing faster (revenue YoY)
LFST
LFST
+1.9% gap
LFST
17.4%
15.5%
TCBI
Higher net margin
TCBI
TCBI
19.7% more per $
TCBI
22.8%
3.1%
LFST
Faster 2-yr revenue CAGR
LFST
LFST
Annualised
LFST
12.8%
10.2%
TCBI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
LFST
LFST
TCBI
TCBI
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.

Revenue
LFST
LFST
TCBI
TCBI
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
Net Profit
LFST
LFST
TCBI
TCBI
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
Operating Margin
LFST
LFST
TCBI
TCBI
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%
Net Margin
LFST
LFST
TCBI
TCBI
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%
EPS (diluted)
LFST
LFST
TCBI
TCBI
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
LFST
LFST
TCBI
TCBI
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.

Cash + ST Investments
LFST
LFST
TCBI
TCBI
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
Total Debt
LFST
LFST
TCBI
TCBI
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
Stockholders' Equity
LFST
LFST
TCBI
TCBI
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
Total Assets
LFST
LFST
TCBI
TCBI
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
Debt / Equity
LFST
LFST
TCBI
TCBI
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
LFST
LFST
TCBI
TCBI
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.

Operating Cash Flow
LFST
LFST
TCBI
TCBI
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
Free Cash Flow
LFST
LFST
TCBI
TCBI
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
FCF Margin
LFST
LFST
TCBI
TCBI
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%
Capex Intensity
LFST
LFST
TCBI
TCBI
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%
Cash Conversion
LFST
LFST
TCBI
TCBI
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.

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