vs
Bandwidth Inc.（BAND）与LifeStance Health Group, Inc.（LFST）财务数据对比。点击上方公司名可切换其他公司
LifeStance Health Group, Inc.的季度营收约是Bandwidth Inc.的1.8倍（$382.2M vs $208.8M），LifeStance Health Group, Inc.净利率更高（3.1% vs 1.9%，领先1.1%），Bandwidth Inc.同比增速更快（20.1% vs 17.4%），LifeStance Health Group, Inc.自由现金流更多（$46.6M vs $-1.0M），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs 9.7%）
Bandwidth Inc.是一家通信平台即服务提供商，依托自有全球IP语音网络，为客户提供语音、短信及应急服务相关的软件API产品，帮助开发者便捷集成通信功能，全球客户可借助其方案快速搭建符合需求的通信服务体系。
LifeStance Health Group是美国的门诊行为健康服务提供商，支持线下面诊与远程诊疗两种服务模式，业务涵盖心理咨询、精神科诊疗、经颅磁刺激（TMS）以及氯胺酮治疗等。该公司曾多次因劳动违规、客户信息泄露及误导投资者相关问题遭遇诉讼。
BAND vs LFST — 直观对比
营收规模更大
LFST
是对方的1.8倍
$208.8M
营收增速更快
BAND
高出2.7%
17.4%
净利率更高
LFST
高出1.1%
1.9%
自由现金流更多
LFST
多$47.6M
$-1.0M
两年增速更快
LFST
近两年复合增速
9.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $208.8M | $382.2M |
| 净利润 | $4.0M | $11.7M |
| 毛利率 | 37.3% | — |
| 营业利润率 | 60.5% | 4.7% |
| 净利率 | 1.9% | 3.1% |
| 营收同比 | 20.1% | 17.4% |
| 净利润同比 | 200.0% | 264.1% |
| 每股收益（稀释后） | $-0.08 | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BANDLFST
| Q1 26 | $208.8M | — | ||
| Q4 25 | $207.7M | $382.2M | ||
| Q3 25 | $191.9M | $363.8M | ||
| Q2 25 | $180.0M | $345.3M | ||
| Q1 25 | $174.2M | $333.0M | ||
| Q4 24 | $210.0M | $325.5M | ||
| Q3 24 | $193.9M | $312.7M | ||
| Q2 24 | $173.6M | $312.3M |
净利润BANDLFST
| Q1 26 | $4.0M | — | ||
| Q4 25 | — | $11.7M | ||
| Q3 25 | $-1.2M | $1.1M | ||
| Q2 25 | $-4.9M | $-3.8M | ||
| Q1 25 | $-3.7M | $709.0K | ||
| Q4 24 | — | $-7.1M | ||
| Q3 24 | $413.0K | $-6.0M | ||
| Q2 24 | $4.1M | $-23.3M |
毛利率BANDLFST
| Q1 26 | 37.3% | — | ||
| Q4 25 | 37.6% | — | ||
| Q3 25 | 38.5% | — | ||
| Q2 25 | 39.8% | — | ||
| Q1 25 | 41.0% | — | ||
| Q4 24 | 36.4% | — | ||
| Q3 24 | 37.7% | — | ||
| Q2 24 | 37.3% | — |
营业利润率BANDLFST
| Q1 26 | 60.5% | — | ||
| Q4 25 | -1.9% | 4.7% | ||
| Q3 25 | -1.0% | 2.0% | ||
| Q2 25 | -2.1% | -0.9% | ||
| Q1 25 | -2.7% | 0.5% | ||
| Q4 24 | -1.3% | 0.3% | ||
| Q3 24 | -0.5% | 0.0% | ||
| Q2 24 | -3.5% | -5.1% |
净利率BANDLFST
| Q1 26 | 1.9% | — | ||
| Q4 25 | — | 3.1% | ||
| Q3 25 | -0.6% | 0.3% | ||
| Q2 25 | -2.7% | -1.1% | ||
| Q1 25 | -2.1% | 0.2% | ||
| Q4 24 | — | -2.2% | ||
| Q3 24 | 0.2% | -1.9% | ||
| Q2 24 | 2.3% | -7.5% |
每股收益（稀释后）BANDLFST
| Q1 26 | $-0.08 | — | ||
| Q4 25 | $-0.10 | — | ||
| Q3 25 | $-0.04 | — | ||
| Q2 25 | $-0.16 | — | ||
| Q1 25 | $-0.13 | — | ||
| Q4 24 | $0.27 | — | ||
| Q3 24 | $0.01 | — | ||
| Q2 24 | $-0.17 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $47.3M | $248.6M |
| 总债务越低越好 | — | $282.8M |
| 股东权益账面价值 | $405.7M | $1.5B |
| 总资产 | $984.2M | $2.2B |
| 负债/权益比越低杠杆越低 | — | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资BANDLFST
| Q1 26 | $47.3M | — | ||
| Q4 25 | $111.3M | $248.6M | ||
| Q3 25 | $80.4M | $203.9M | ||
| Q2 25 | $68.1M | $188.9M | ||
| Q1 25 | $41.7M | $134.3M | ||
| Q4 24 | $83.8M | $154.6M | ||
| Q3 24 | $79.9M | $102.6M | ||
| Q2 24 | $76.4M | $87.0M |
总债务BANDLFST
| Q1 26 | — | — | ||
| Q4 25 | — | $282.8M | ||
| Q3 25 | — | $284.6M | ||
| Q2 25 | — | $286.4M | ||
| Q1 25 | — | $288.2M | ||
| Q4 24 | — | $290.0M | ||
| Q3 24 | — | $287.3M | ||
| Q2 24 | — | $288.0M |
股东权益BANDLFST
| Q1 26 | $405.7M | — | ||
| Q4 25 | $400.0M | $1.5B | ||
| Q3 25 | $392.7M | $1.5B | ||
| Q2 25 | $384.5M | $1.5B | ||
| Q1 25 | $345.4M | $1.5B | ||
| Q4 24 | $312.5M | $1.4B | ||
| Q3 24 | $336.6M | $1.4B | ||
| Q2 24 | $307.4M | $1.4B |
总资产BANDLFST
| Q1 26 | $984.2M | — | ||
| Q4 25 | $1.1B | $2.2B | ||
| Q3 25 | $1.0B | $2.1B | ||
| Q2 25 | $1.0B | $2.1B | ||
| Q1 25 | $964.4M | $2.1B | ||
| Q4 24 | $989.2M | $2.1B | ||
| Q3 24 | $1.0B | $2.1B | ||
| Q2 24 | $1.0B | $2.1B |
负债/权益比BANDLFST
| Q1 26 | — | — | ||
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.19× | ||
| Q1 25 | — | 0.20× | ||
| Q4 24 | — | 0.20× | ||
| Q3 24 | — | 0.20× | ||
| Q2 24 | — | 0.20× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $57.6M |
| 自由现金流经营现金流 - 资本支出 | $-1.0M | $46.6M |
| 自由现金流率自由现金流/营收 | -0.5% | 12.2% |
| 资本支出强度资本支出/营收 | — | 2.9% |
| 现金转化率经营现金流/净利润 | — | 4.93× |
| 过去12个月自由现金流最近4个季度 | — | $110.0M |
8季度趋势，按日历期对齐
经营现金流BANDLFST
| Q1 26 | — | — | ||
| Q4 25 | $38.6M | $57.6M | ||
| Q3 25 | $22.2M | $27.3M | ||
| Q2 25 | $31.7M | $64.4M | ||
| Q1 25 | $-3.1M | $-3.1M | ||
| Q4 24 | $36.5M | $62.3M | ||
| Q3 24 | $20.5M | $22.7M | ||
| Q2 24 | $24.4M | $44.1M |
自由现金流BANDLFST
| Q1 26 | $-1.0M | — | ||
| 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 |
自由现金流率BANDLFST
| Q1 26 | -0.5% | — | ||
| 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% |
资本支出强度BANDLFST
| Q1 26 | — | — | ||
| 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% |
现金转化率BANDLFST
| Q1 26 | — | — | ||
| Q4 25 | — | 4.93× | ||
| Q3 25 | — | 25.34× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -4.36× | ||
| Q4 24 | — | — | ||
| Q3 24 | 49.55× | — | ||
| Q2 24 | 6.03× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
