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LifeStance Health Group, Inc.（LFST）与朗美通（LITE）财务数据对比。点击上方公司名可切换其他公司
朗美通的季度营收约是LifeStance Health Group, Inc.的1.7倍（$665.5M vs $382.2M），朗美通净利率更高（11.8% vs 3.1%，领先8.7%），朗美通同比增速更快（65.5% vs 17.4%），LifeStance Health Group, Inc.自由现金流更多（$46.6M vs $43.1M），过去两年朗美通的营收复合增速更高（34.8% vs 12.8%）
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。
朗美通控股（Lumentum Holdings Inc.）是全球知名光电产品供应商，前身为美国捷迪讯（JDSU）旗下光电器件及激光业务板块，2015年8月随捷迪讯分拆独立运营，总部位于美国加利福尼亚州米尔皮塔斯，主营光通信网络设备、激光器、定制光学解决方案等多元产品。
LFST vs LITE — 直观对比
营收规模更大
LITE
是对方的1.7倍
$382.2M
营收增速更快
LITE
高出48.0%
17.4%
净利率更高
LITE
高出8.7%
3.1%
自由现金流更多
LFST
多$3.5M
$43.1M
两年增速更快
LITE
近两年复合增速
12.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $382.2M | $665.5M |
| 净利润 | $11.7M | $78.2M |
| 毛利率 | — | 36.1% |
| 营业利润率 | 4.7% | 9.7% |
| 净利率 | 3.1% | 11.8% |
| 营收同比 | 17.4% | 65.5% |
| 净利润同比 | 264.1% | 228.4% |
| 每股收益（稀释后） | — | $0.89 |
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LFSTLITE
| Q4 25 | $382.2M | $665.5M | ||
| Q3 25 | $363.8M | $533.8M | ||
| Q2 25 | $345.3M | $480.7M | ||
| Q1 25 | $333.0M | $425.2M | ||
| Q4 24 | $325.5M | $402.2M | ||
| Q3 24 | $312.7M | $336.9M | ||
| Q2 24 | $312.3M | $308.3M | ||
| Q1 24 | $300.4M | $366.5M |
净利润LFSTLITE
| Q4 25 | $11.7M | $78.2M | ||
| Q3 25 | $1.1M | $4.2M | ||
| Q2 25 | $-3.8M | $213.3M | ||
| Q1 25 | $709.0K | $-44.1M | ||
| Q4 24 | $-7.1M | $-60.9M | ||
| Q3 24 | $-6.0M | $-82.4M | ||
| Q2 24 | $-23.3M | $-252.5M | ||
| Q1 24 | $-21.1M | $-127.0M |
毛利率LFSTLITE
| Q4 25 | — | 36.1% | ||
| Q3 25 | — | 34.0% | ||
| Q2 25 | — | 33.3% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | — | 24.8% | ||
| Q3 24 | — | 23.1% | ||
| Q2 24 | — | 16.6% | ||
| Q1 24 | — | 16.2% |
营业利润率LFSTLITE
| Q4 25 | 4.7% | 9.7% | ||
| Q3 25 | 2.0% | 1.3% | ||
| Q2 25 | -0.9% | -1.7% | ||
| Q1 25 | 0.5% | -8.9% | ||
| Q4 24 | 0.3% | -12.8% | ||
| Q3 24 | 0.0% | -24.5% | ||
| Q2 24 | -5.1% | -43.3% | ||
| Q1 24 | -5.6% | -31.3% |
净利率LFSTLITE
| Q4 25 | 3.1% | 11.8% | ||
| Q3 25 | 0.3% | 0.8% | ||
| Q2 25 | -1.1% | 44.4% | ||
| Q1 25 | 0.2% | -10.4% | ||
| Q4 24 | -2.2% | -15.1% | ||
| Q3 24 | -1.9% | -24.5% | ||
| Q2 24 | -7.5% | -81.9% | ||
| Q1 24 | -7.0% | -34.7% |
每股收益（稀释后）LFSTLITE
| Q4 25 | — | $0.89 | ||
| Q3 25 | — | $0.05 | ||
| Q2 25 | — | $3.10 | ||
| Q1 25 | — | $-0.64 | ||
| Q4 24 | — | $-0.88 | ||
| Q3 24 | — | $-1.21 | ||
| Q2 24 | — | $-3.75 | ||
| Q1 24 | — | $-1.88 |
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 | $248.6M | $1.2B |
| 总债务越低越好 | $282.8M | — |
| 股东权益账面价值 | $1.5B | $846.6M |
| 总资产 | $2.2B | $4.8B |
| 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LFSTLITE
| Q4 25 | $248.6M | $1.2B | ||
| Q3 25 | $203.9M | $1.1B | ||
| Q2 25 | $188.9M | $877.1M | ||
| Q1 25 | $134.3M | $866.7M | ||
| Q4 24 | $154.6M | $896.7M | ||
| Q3 24 | $102.6M | $916.1M | ||
| Q2 24 | $87.0M | $887.0M | ||
| Q1 24 | $49.5M | $870.9M |
总债务LFSTLITE
| 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 | — |
股东权益LFSTLITE
| Q4 25 | $1.5B | $846.6M | ||
| Q3 25 | $1.5B | $780.8M | ||
| Q2 25 | $1.5B | $1.1B | ||
| Q1 25 | $1.5B | $879.5M | ||
| Q4 24 | $1.4B | $872.3M | ||
| Q3 24 | $1.4B | $895.9M | ||
| Q2 24 | $1.4B | $957.3M | ||
| Q1 24 | $1.4B | $1.2B |
总资产LFSTLITE
| Q4 25 | $2.2B | $4.8B | ||
| Q3 25 | $2.1B | $4.6B | ||
| Q2 25 | $2.1B | $4.2B | ||
| Q1 25 | $2.1B | $4.0B | ||
| Q4 24 | $2.1B | $4.0B | ||
| Q3 24 | $2.1B | $4.0B | ||
| Q2 24 | $2.1B | $3.9B | ||
| Q1 24 | $2.1B | $4.2B |
负债/权益比LFSTLITE
| 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 | $57.6M | $126.7M |
| 自由现金流经营现金流 - 资本支出 | $46.6M | $43.1M |
| 自由现金流率自由现金流/营收 | 12.2% | 6.5% |
| 资本支出强度资本支出/营收 | 2.9% | 12.6% |
| 现金转化率经营现金流/净利润 | 4.93× | 1.62× |
| 过去12个月自由现金流最近4个季度 | $110.0M | $-29.5M |
8季度趋势，按日历期对齐
经营现金流LFSTLITE
| Q4 25 | $57.6M | $126.7M | ||
| Q3 25 | $27.3M | $57.9M | ||
| Q2 25 | $64.4M | $64.0M | ||
| Q1 25 | $-3.1M | $-1.6M | ||
| Q4 24 | $62.3M | $24.3M | ||
| Q3 24 | $22.7M | $39.6M | ||
| Q2 24 | $44.1M | $35.5M | ||
| Q1 24 | $-21.8M | $-7.0M |
自由现金流LFSTLITE
| Q4 25 | $46.6M | $43.1M | ||
| Q3 25 | $17.0M | $-18.3M | ||
| Q2 25 | $56.6M | $10.1M | ||
| Q1 25 | $-10.3M | $-64.4M | ||
| Q4 24 | $56.0M | $-15.9M | ||
| Q3 24 | $17.7M | $-34.5M | ||
| Q2 24 | $39.0M | $10.9M | ||
| Q1 24 | $-26.9M | $-26.6M |
自由现金流率LFSTLITE
| Q4 25 | 12.2% | 6.5% | ||
| Q3 25 | 4.7% | -3.4% | ||
| Q2 25 | 16.4% | 2.1% | ||
| Q1 25 | -3.1% | -15.1% | ||
| Q4 24 | 17.2% | -4.0% | ||
| Q3 24 | 5.7% | -10.2% | ||
| Q2 24 | 12.5% | 3.5% | ||
| Q1 24 | -9.0% | -7.3% |
资本支出强度LFSTLITE
| Q4 25 | 2.9% | 12.6% | ||
| Q3 25 | 2.8% | 14.3% | ||
| Q2 25 | 2.2% | 11.2% | ||
| Q1 25 | 2.2% | 14.8% | ||
| Q4 24 | 1.9% | 10.0% | ||
| Q3 24 | 1.6% | 22.0% | ||
| Q2 24 | 1.6% | 8.0% | ||
| Q1 24 | 1.7% | 5.3% |
现金转化率LFSTLITE
| Q4 25 | 4.93× | 1.62× | ||
| Q3 25 | 25.34× | 13.79× | ||
| Q2 25 | — | 0.30× | ||
| Q1 25 | -4.36× | — | ||
| Q4 24 | — | — | ||
| 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
LFST
暂无分部数据
LITE
| Components | $443.7M | 67% |
| Systems | $221.8M | 33% |
