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eHealth, Inc.（EHTH）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eHealth, Inc.的1.2倍（$382.2M vs $326.2M），eHealth, Inc.净利率更高（26.7% vs 3.1%，领先23.7%），LifeStance Health Group, Inc.同比增速更快（17.4% vs 3.5%），LifeStance Health Group, Inc.自由现金流更多（$46.6M vs $-36.1M），过去两年eHealth, Inc.的营收复合增速更高（87.3% vs 12.8%）
eHealth, Inc.以eHealthInsurance品牌开展业务，是一家公开上市的健康保险在线交易平台，公司注册于特拉华州，总部位于加利福尼亚州圣克拉拉。该平台主要提供医疗保险相关计划，涵盖联邦医疗保险处方药计划、联邦医疗保险补充计划、优势计划等产品，同时也售卖个人健康保险产品，业务覆盖美国全部50个州及华盛顿特区。
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。
EHTH vs LFST — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $326.2M | $382.2M |
| 净利润 | $87.2M | $11.7M |
| 毛利率 | 55.3% | — |
| 营业利润率 | 38.7% | 4.7% |
| 净利率 | 26.7% | 3.1% |
| 营收同比 | 3.5% | 17.4% |
| 净利润同比 | -10.6% | 264.1% |
| 每股收益（稀释后） | $2.43 | — |
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 | $326.2M | $382.2M | ||
| Q3 25 | $53.9M | $363.8M | ||
| Q2 25 | $60.8M | $345.3M | ||
| Q1 25 | $113.1M | $333.0M | ||
| Q4 24 | $315.2M | $325.5M | ||
| Q3 24 | $58.4M | $312.7M | ||
| Q2 24 | $65.9M | $312.3M | ||
| Q1 24 | $93.0M | $300.4M |
| Q4 25 | $87.2M | $11.7M | ||
| Q3 25 | $-31.7M | $1.1M | ||
| Q2 25 | $-17.4M | $-3.8M | ||
| Q1 25 | $1.9M | $709.0K | ||
| Q4 24 | $97.5M | $-7.1M | ||
| Q3 24 | $-42.5M | $-6.0M | ||
| Q2 24 | $-28.0M | $-23.3M | ||
| Q1 24 | $-17.0M | $-21.1M |
| Q4 25 | 55.3% | — | ||
| Q3 25 | -0.3% | — | ||
| Q2 25 | 31.1% | — | ||
| Q1 25 | 36.9% | — | ||
| Q4 24 | 52.0% | — | ||
| Q3 24 | -6.5% | — | ||
| Q2 24 | 28.7% | — | ||
| Q1 24 | 31.7% | — |
| Q4 25 | 38.7% | 4.7% | ||
| Q3 25 | -77.1% | 2.0% | ||
| Q2 25 | -37.9% | -0.9% | ||
| Q1 25 | 4.2% | 0.5% | ||
| Q4 24 | 35.7% | 0.3% | ||
| Q3 24 | -74.0% | 0.0% | ||
| Q2 24 | -42.5% | -5.1% | ||
| Q1 24 | -19.3% | -5.6% |
| Q4 25 | 26.7% | 3.1% | ||
| Q3 25 | -58.8% | 0.3% | ||
| Q2 25 | -28.6% | -1.1% | ||
| Q1 25 | 1.7% | 0.2% | ||
| Q4 24 | 30.9% | -2.2% | ||
| Q3 24 | -72.7% | -1.9% | ||
| Q2 24 | -42.5% | -7.5% | ||
| Q1 24 | -18.3% | -7.0% |
| Q4 25 | $2.43 | — | ||
| Q3 25 | $-1.46 | — | ||
| Q2 25 | $-0.98 | — | ||
| Q1 25 | $-0.33 | — | ||
| Q4 24 | $2.93 | — | ||
| Q3 24 | $-1.83 | — | ||
| Q2 24 | $-1.33 | — | ||
| Q1 24 | $-0.96 | — |
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 | $73.7M | $248.6M |
| 总债务越低越好 | — | $282.8M |
| 股东权益账面价值 | $591.6M | $1.5B |
| 总资产 | $1.3B | $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
| Q4 25 | $73.7M | $248.6M | ||
| Q3 25 | $63.1M | $203.9M | ||
| Q2 25 | $65.9M | $188.9M | ||
| Q1 25 | $121.1M | $134.3M | ||
| Q4 24 | $39.2M | $154.6M | ||
| Q3 24 | $64.0M | $102.6M | ||
| Q2 24 | $126.3M | $87.0M | ||
| Q1 24 | $175.0M | $49.5M |
| 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 | ||
| Q1 24 | — | $288.8M |
| Q4 25 | $591.6M | $1.5B | ||
| Q3 25 | $514.2M | $1.5B | ||
| Q2 25 | $554.9M | $1.5B | ||
| Q1 25 | $581.6M | $1.5B | ||
| Q4 24 | $588.4M | $1.4B | ||
| Q3 24 | $499.3M | $1.4B | ||
| Q2 24 | $548.9M | $1.4B | ||
| Q1 24 | $582.8M | $1.4B |
| Q4 25 | $1.3B | $2.2B | ||
| Q3 25 | $1.0B | $2.1B | ||
| Q2 25 | $1.1B | $2.1B | ||
| Q1 25 | $1.1B | $2.1B | ||
| Q4 24 | $1.2B | $2.1B | ||
| Q3 24 | $1.0B | $2.1B | ||
| Q2 24 | $1.0B | $2.1B | ||
| Q1 24 | $1.1B | $2.1B |
| 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× | ||
| Q1 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 | $-35.9M | $57.6M |
| 自由现金流经营现金流 - 资本支出 | $-36.1M | $46.6M |
| 自由现金流率自由现金流/营收 | -11.1% | 12.2% |
| 资本支出强度资本支出/营收 | 0.0% | 2.9% |
| 现金转化率经营现金流/净利润 | -0.41× | 4.93× |
| 过去12个月自由现金流最近4个季度 | $-27.6M | $110.0M |
8季度趋势，按日历期对齐
| Q4 25 | $-35.9M | $57.6M | ||
| Q3 25 | $-25.3M | $27.3M | ||
| Q2 25 | $-41.2M | $64.4M | ||
| Q1 25 | $77.1M | $-3.1M | ||
| Q4 24 | $-27.7M | $62.3M | ||
| Q3 24 | $-29.3M | $22.7M | ||
| Q2 24 | $-32.2M | $44.1M | ||
| Q1 24 | $70.8M | $-21.8M |
| Q4 25 | $-36.1M | $46.6M | ||
| Q3 25 | $-25.5M | $17.0M | ||
| Q2 25 | $-42.8M | $56.6M | ||
| Q1 25 | $76.8M | $-10.3M | ||
| Q4 24 | $-28.3M | $56.0M | ||
| Q3 24 | $-30.3M | $17.7M | ||
| Q2 24 | $-32.4M | $39.0M | ||
| Q1 24 | $70.6M | $-26.9M |
| Q4 25 | -11.1% | 12.2% | ||
| Q3 25 | -47.4% | 4.7% | ||
| Q2 25 | -70.4% | 16.4% | ||
| Q1 25 | 67.9% | -3.1% | ||
| Q4 24 | -9.0% | 17.2% | ||
| Q3 24 | -51.8% | 5.7% | ||
| Q2 24 | -49.3% | 12.5% | ||
| Q1 24 | 75.9% | -9.0% |
| Q4 25 | 0.0% | 2.9% | ||
| Q3 25 | 0.4% | 2.8% | ||
| Q2 25 | 2.6% | 2.2% | ||
| Q1 25 | 0.3% | 2.2% | ||
| Q4 24 | 0.2% | 1.9% | ||
| Q3 24 | 1.7% | 1.6% | ||
| Q2 24 | 0.4% | 1.6% | ||
| Q1 24 | 0.2% | 1.7% |
| Q4 25 | -0.41× | 4.93× | ||
| Q3 25 | — | 25.34× | ||
| Q2 25 | — | — | ||
| Q1 25 | 39.55× | -4.36× | ||
| Q4 24 | -0.28× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
EHTH
| Medicare | $282.7M | 87% |
| Other | $29.2M | 9% |
| Ancillaries | $7.9M | 2% |
| Commission Members Approved In Prior Periods | $3.8M | 1% |
| Small Business | $3.1M | 1% |
| Commission Revenue From Renewals | $2.4M | 1% |
LFST
暂无分部数据
