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BRIGHT HORIZONS FAMILY SOLUTIONS INC.（BFAM）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
BRIGHT HORIZONS FAMILY SOLUTIONS INC.的季度营收约是LifeStance Health Group, Inc.的1.9倍（$733.7M vs $382.2M），LifeStance Health Group, Inc.同比增速更快（17.4% vs 8.8%），BRIGHT HORIZONS FAMILY SOLUTIONS INC.自由现金流更多（$258.5M vs $46.6M），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs 8.5%）
Bright Horizons Family Solutions总部位于美国马萨诸塞州牛顿市，是美国规模最大的雇主赞助育儿服务运营商，除核心育儿服务外，还提供备用育儿、老人照护、学费项目管理、教育咨询、学生贷款偿还方案等多元服务，覆盖企业员工福利及教育支持领域。
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。
BFAM vs LFST — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $733.7M | $382.2M |
| 净利润 | — | $11.7M |
| 毛利率 | 19.3% | — |
| 营业利润率 | 6.2% | 4.7% |
| 净利率 | — | 3.1% |
| 营收同比 | 8.8% | 17.4% |
| 净利润同比 | — | 264.1% |
| 每股收益（稀释后） | $0.38 | — |
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
| Q4 25 | $733.7M | $382.2M | ||
| Q3 25 | $802.8M | $363.8M | ||
| Q2 25 | $731.6M | $345.3M | ||
| Q1 25 | $665.5M | $333.0M | ||
| Q4 24 | $674.1M | $325.5M | ||
| Q3 24 | $719.1M | $312.7M | ||
| Q2 24 | $670.1M | $312.3M | ||
| Q1 24 | $622.7M | $300.4M |
| Q4 25 | — | $11.7M | ||
| Q3 25 | $78.6M | $1.1M | ||
| Q2 25 | $54.8M | $-3.8M | ||
| Q1 25 | $38.0M | $709.0K | ||
| Q4 24 | — | $-7.1M | ||
| Q3 24 | $54.9M | $-6.0M | ||
| Q2 24 | $39.2M | $-23.3M | ||
| Q1 24 | $17.0M | $-21.1M |
| Q4 25 | 19.3% | — | ||
| Q3 25 | 27.0% | — | ||
| Q2 25 | 25.0% | — | ||
| Q1 25 | 23.4% | — | ||
| Q4 24 | 20.8% | — | ||
| Q3 24 | 25.2% | — | ||
| Q2 24 | 24.2% | — | ||
| Q1 24 | 21.7% | — |
| Q4 25 | 6.2% | 4.7% | ||
| Q3 25 | 15.1% | 2.0% | ||
| Q2 25 | 11.8% | -0.9% | ||
| Q1 25 | 9.4% | 0.5% | ||
| Q4 24 | 7.2% | 0.3% | ||
| Q3 24 | 12.4% | 0.0% | ||
| Q2 24 | 10.3% | -5.1% | ||
| Q1 24 | 6.4% | -5.6% |
| Q4 25 | — | 3.1% | ||
| Q3 25 | 9.8% | 0.3% | ||
| Q2 25 | 7.5% | -1.1% | ||
| Q1 25 | 5.7% | 0.2% | ||
| Q4 24 | — | -2.2% | ||
| Q3 24 | 7.6% | -1.9% | ||
| Q2 24 | 5.8% | -7.5% | ||
| Q1 24 | 2.7% | -7.0% |
| Q4 25 | $0.38 | — | ||
| Q3 25 | $1.37 | — | ||
| Q2 25 | $0.95 | — | ||
| Q1 25 | $0.66 | — | ||
| Q4 24 | $0.50 | — | ||
| Q3 24 | $0.94 | — | ||
| Q2 24 | $0.67 | — | ||
| Q1 24 | $0.29 | — |
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 | $140.1M | $248.6M |
| 总债务越低越好 | $747.6M | $282.8M |
| 股东权益账面价值 | $1.3B | $1.5B |
| 总资产 | $3.9B | $2.2B |
| 负债/权益比越低杠杆越低 | 0.56× | 0.19× |
8季度趋势，按日历期对齐
| Q4 25 | $140.1M | $248.6M | ||
| Q3 25 | $116.6M | $203.9M | ||
| Q2 25 | $179.2M | $188.9M | ||
| Q1 25 | $112.0M | $134.3M | ||
| Q4 24 | $110.3M | $154.6M | ||
| Q3 24 | $109.9M | $102.6M | ||
| Q2 24 | $140.2M | $87.0M | ||
| Q1 24 | $63.7M | $49.5M |
| Q4 25 | $747.6M | $282.8M | ||
| Q3 25 | $747.5M | $284.6M | ||
| Q2 25 | $797.0M | $286.4M | ||
| Q1 25 | $872.7M | $288.2M | ||
| Q4 24 | $918.4M | $290.0M | ||
| Q3 24 | $925.7M | $287.3M | ||
| Q2 24 | $931.9M | $288.0M | ||
| Q1 24 | $938.1M | $288.8M |
| Q4 25 | $1.3B | $1.5B | ||
| Q3 25 | $1.4B | $1.5B | ||
| Q2 25 | $1.4B | $1.5B | ||
| Q1 25 | $1.3B | $1.5B | ||
| Q4 24 | $1.3B | $1.4B | ||
| Q3 24 | $1.4B | $1.4B | ||
| Q2 24 | $1.3B | $1.4B | ||
| Q1 24 | $1.2B | $1.4B |
| Q4 25 | $3.9B | $2.2B | ||
| Q3 25 | $3.9B | $2.1B | ||
| Q2 25 | $3.9B | $2.1B | ||
| Q1 25 | $3.8B | $2.1B | ||
| Q4 24 | $3.9B | $2.1B | ||
| Q3 24 | $3.9B | $2.1B | ||
| Q2 24 | $3.8B | $2.1B | ||
| Q1 24 | $3.8B | $2.1B |
| Q4 25 | 0.56× | 0.19× | ||
| Q3 25 | 0.52× | 0.19× | ||
| Q2 25 | 0.57× | 0.19× | ||
| Q1 25 | 0.66× | 0.20× | ||
| Q4 24 | 0.72× | 0.20× | ||
| Q3 24 | 0.66× | 0.20× | ||
| Q2 24 | 0.73× | 0.20× | ||
| Q1 24 | 0.76× | 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 | $350.7M | $57.6M |
| 自由现金流经营现金流 - 资本支出 | $258.5M | $46.6M |
| 自由现金流率自由现金流/营收 | 35.2% | 12.2% |
| 资本支出强度资本支出/营收 | 12.6% | 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 | $402.4M | $110.0M |
8季度趋势，按日历期对齐
| Q4 25 | $350.7M | $57.6M | ||
| Q3 25 | $-17.6M | $27.3M | ||
| Q2 25 | $134.2M | $64.4M | ||
| Q1 25 | $86.2M | $-3.1M | ||
| Q4 24 | $337.5M | $62.3M | ||
| Q3 24 | $-8.9M | $22.7M | ||
| Q2 24 | $109.4M | $44.1M | ||
| Q1 24 | $116.3M | $-21.8M |
| Q4 25 | $258.5M | $46.6M | ||
| Q3 25 | $-42.4M | $17.0M | ||
| Q2 25 | $115.4M | $56.6M | ||
| Q1 25 | $70.9M | $-10.3M | ||
| Q4 24 | $240.2M | $56.0M | ||
| Q3 24 | $-32.2M | $17.7M | ||
| Q2 24 | $86.8M | $39.0M | ||
| Q1 24 | $96.9M | $-26.9M |
| Q4 25 | 35.2% | 12.2% | ||
| Q3 25 | -5.3% | 4.7% | ||
| Q2 25 | 15.8% | 16.4% | ||
| Q1 25 | 10.7% | -3.1% | ||
| Q4 24 | 35.6% | 17.2% | ||
| Q3 24 | -4.5% | 5.7% | ||
| Q2 24 | 13.0% | 12.5% | ||
| Q1 24 | 15.6% | -9.0% |
| Q4 25 | 12.6% | 2.9% | ||
| Q3 25 | 3.1% | 2.8% | ||
| Q2 25 | 2.6% | 2.2% | ||
| Q1 25 | 2.3% | 2.2% | ||
| Q4 24 | 14.4% | 1.9% | ||
| Q3 24 | 3.2% | 1.6% | ||
| Q2 24 | 3.4% | 1.6% | ||
| Q1 24 | 3.1% | 1.7% |
| Q4 25 | — | 4.93× | ||
| Q3 25 | -0.22× | 25.34× | ||
| Q2 25 | 2.45× | — | ||
| Q1 25 | 2.26× | -4.36× | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.16× | — | ||
| Q2 24 | 2.79× | — | ||
| Q1 24 | 6.85× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
