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Side-by-side financial comparison of LifeStance Health Group, Inc. (LFST) and TRUPANION, INC. (TRUP). 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 $376.9M, roughly 1.0× TRUPANION, INC.). On growth, LifeStance Health Group, Inc. posted the faster year-over-year revenue change (17.4% vs 11.7%). LifeStance Health Group, Inc. produced more free cash flow last quarter ($46.6M vs $25.3M). Over the past eight quarters, LifeStance Health Group, Inc.'s revenue compounded faster (12.8% CAGR vs 11.0%).
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.
TRUPANION, INC.TRUPEarnings & Financial Report
Trupanion, Inc. is a pet insurance provider headquartered in Seattle, Washington. Established in 1998, Trupanion operates across the United States, Canada, Australia, and Puerto Rico. The company offers coverage for pets and is self-underwritten by the American Pet Insurance Company (APIC).
LFST vs TRUP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $382.2M | $376.9M |
| Net Profit | $11.7M | — |
| Gross Margin | — | 17.3% |
| Operating Margin | 4.7% | 1.9% |
| Net Margin | 3.1% | — |
| Revenue YoY | 17.4% | 11.7% |
| Net Profit YoY | 264.1% | — |
| EPS (diluted) | — | $0.13 |
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 | $376.9M | ||
| Q3 25 | $363.8M | $366.9M | ||
| Q2 25 | $345.3M | $353.6M | ||
| Q1 25 | $333.0M | $342.0M | ||
| Q4 24 | $325.5M | $337.3M | ||
| Q3 24 | $312.7M | $327.5M | ||
| Q2 24 | $312.3M | $314.8M | ||
| Q1 24 | $300.4M | $306.1M |
| Q4 25 | $11.7M | — | ||
| Q3 25 | $1.1M | — | ||
| Q2 25 | $-3.8M | — | ||
| Q1 25 | $709.0K | — | ||
| Q4 24 | $-7.1M | — | ||
| Q3 24 | $-6.0M | — | ||
| Q2 24 | $-23.3M | — | ||
| Q1 24 | $-21.1M | — |
| Q4 25 | — | 17.3% | ||
| Q3 25 | — | 16.4% | ||
| Q2 25 | — | 15.5% | ||
| Q1 25 | — | 14.9% | ||
| Q4 24 | — | 15.7% | ||
| Q3 24 | — | 15.1% | ||
| Q2 24 | — | 12.8% | ||
| Q1 24 | — | 11.8% |
| Q4 25 | 4.7% | 1.9% | ||
| Q3 25 | 2.0% | 1.6% | ||
| Q2 25 | -0.9% | 0.7% | ||
| Q1 25 | 0.5% | -0.4% | ||
| Q4 24 | 0.3% | 0.1% | ||
| Q3 24 | 0.0% | 0.5% | ||
| Q2 24 | -5.1% | -1.7% | ||
| Q1 24 | -5.6% | -2.0% |
| Q4 25 | 3.1% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | -1.1% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | -2.2% | — | ||
| Q3 24 | -1.9% | — | ||
| Q2 24 | -7.5% | — | ||
| Q1 24 | -7.0% | — |
| Q4 25 | — | $0.13 | ||
| Q3 25 | — | $0.13 | ||
| Q2 25 | — | $0.22 | ||
| Q1 25 | — | $-0.03 | ||
| Q4 24 | — | $0.04 | ||
| Q3 24 | — | $0.03 | ||
| Q2 24 | — | $-0.14 | ||
| Q1 24 | — | $-0.16 |
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 | $370.7M |
| Total DebtLower is stronger | $282.8M | $101.8M |
| Stockholders' EquityBook value | $1.5B | $383.9M |
| Total Assets | $2.2B | $915.0M |
| Debt / EquityLower = less leverage | 0.19× | 0.27× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $248.6M | $370.7M | ||
| Q3 25 | $203.9M | $348.5M | ||
| Q2 25 | $188.9M | $319.6M | ||
| Q1 25 | $134.3M | $321.8M | ||
| Q4 24 | $154.6M | $307.4M | ||
| Q3 24 | $102.6M | $293.1M | ||
| Q2 24 | $87.0M | $277.2M | ||
| Q1 24 | $49.5M | $275.2M |
| Q4 25 | $282.8M | $101.8M | ||
| Q3 25 | $284.6M | — | ||
| Q2 25 | $286.4M | — | ||
| Q1 25 | $288.2M | — | ||
| Q4 24 | $290.0M | $127.5M | ||
| Q3 24 | $287.3M | — | ||
| Q2 24 | $288.0M | — | ||
| Q1 24 | $288.8M | — |
| Q4 25 | $1.5B | $383.9M | ||
| Q3 25 | $1.5B | $368.6M | ||
| Q2 25 | $1.5B | $355.5M | ||
| Q1 25 | $1.5B | $333.7M | ||
| Q4 24 | $1.4B | $323.3M | ||
| Q3 24 | $1.4B | $320.2M | ||
| Q2 24 | $1.4B | $305.8M | ||
| Q1 24 | $1.4B | $303.4M |
| Q4 25 | $2.2B | $915.0M | ||
| Q3 25 | $2.1B | $880.2M | ||
| Q2 25 | $2.1B | $847.8M | ||
| Q1 25 | $2.1B | $837.2M | ||
| Q4 24 | $2.1B | $806.9M | ||
| Q3 24 | $2.1B | $816.1M | ||
| Q2 24 | $2.1B | $795.9M | ||
| Q1 24 | $2.1B | $789.5M |
| Q4 25 | 0.19× | 0.27× | ||
| Q3 25 | 0.19× | — | ||
| Q2 25 | 0.19× | — | ||
| Q1 25 | 0.20× | — | ||
| Q4 24 | 0.20× | 0.39× | ||
| Q3 24 | 0.20× | — | ||
| Q2 24 | 0.20× | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $57.6M | $29.3M |
| Free Cash FlowOCF − Capex | $46.6M | $25.3M |
| FCF MarginFCF / Revenue | 12.2% | 6.7% |
| Capex IntensityCapex / Revenue | 2.9% | 1.0% |
| Cash ConversionOCF / Net Profit | 4.93× | — |
| TTM Free Cash FlowTrailing 4 quarters | $110.0M | $75.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $57.6M | $29.3M | ||
| Q3 25 | $27.3M | $29.2M | ||
| Q2 25 | $64.4M | $15.0M | ||
| Q1 25 | $-3.1M | $16.0M | ||
| Q4 24 | $62.3M | $23.7M | ||
| Q3 24 | $22.7M | $15.3M | ||
| Q2 24 | $44.1M | $6.9M | ||
| Q1 24 | $-21.8M | $2.4M |
| Q4 25 | $46.6M | $25.3M | ||
| Q3 25 | $17.0M | $23.9M | ||
| Q2 25 | $56.6M | $12.0M | ||
| Q1 25 | $-10.3M | $14.0M | ||
| Q4 24 | $56.0M | $21.8M | ||
| Q3 24 | $17.7M | $13.4M | ||
| Q2 24 | $39.0M | $4.0M | ||
| Q1 24 | $-26.9M | $-631.0K |
| Q4 25 | 12.2% | 6.7% | ||
| Q3 25 | 4.7% | 6.5% | ||
| Q2 25 | 16.4% | 3.4% | ||
| Q1 25 | -3.1% | 4.1% | ||
| Q4 24 | 17.2% | 6.5% | ||
| Q3 24 | 5.7% | 4.1% | ||
| Q2 24 | 12.5% | 1.3% | ||
| Q1 24 | -9.0% | -0.2% |
| Q4 25 | 2.9% | 1.0% | ||
| Q3 25 | 2.8% | 1.4% | ||
| Q2 25 | 2.2% | 0.8% | ||
| Q1 25 | 2.2% | 0.6% | ||
| Q4 24 | 1.9% | 0.6% | ||
| Q3 24 | 1.6% | 0.6% | ||
| Q2 24 | 1.6% | 0.9% | ||
| Q1 24 | 1.7% | 1.0% |
| Q4 25 | 4.93× | — | ||
| Q3 25 | 25.34× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -4.36× | — | ||
| Q4 24 | — | — | ||
| 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.
TRUP
| Subscriptionbusiness | $261.4M | 69% |
| Other | $115.4M | 31% |
