vs
LifeStance Health Group, Inc.（LFST）与奥飞娱乐（MAX）财务数据对比。点击上方公司名可切换其他公司
LifeStance Health Group, Inc.的季度营收约是奥飞娱乐的1.2倍（$382.2M vs $310.0M），奥飞娱乐净利率更高（4.5% vs 3.1%，领先1.5%），LifeStance Health Group, Inc.同比增速更快（17.4% vs 17.3%），过去两年奥飞娱乐的营收复合增速更高（31.9% 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。
奥飞娱乐股份有限公司由蔡东青于1993年创立，是一家中国跨国综合企业集团，主营动漫、玩具、传媒资产与娱乐业务，2016年由原奥飞动漫更名而来。集团拥有国漫平台有妖气，还在美国设有影视公司奥飞影业，并宣布将在美国设立动漫业务部门。
LFST vs MAX — 直观对比
营收规模更大
LFST
是对方的1.2倍
$310.0M
营收增速更快
LFST
高出0.1%
17.3%
净利率更高
MAX
高出1.5%
3.1%
两年增速更快
MAX
近两年复合增速
12.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $382.2M | $310.0M |
| 净利润 | $11.7M | $14.0M |
| 毛利率 | — | 15.1% |
| 营业利润率 | 4.7% | 7.2% |
| 净利率 | 3.1% | 4.5% |
| 营收同比 | 17.4% | 17.3% |
| 净利润同比 | 264.1% | 701.8% |
| 每股收益（稀释后） | — | — |
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LFSTMAX
| Q1 26 | — | $310.0M | ||
| Q4 25 | $382.2M | $291.2M | ||
| Q3 25 | $363.8M | $306.5M | ||
| Q2 25 | $345.3M | $251.6M | ||
| Q1 25 | $333.0M | $264.3M | ||
| Q4 24 | $325.5M | $300.6M | ||
| Q3 24 | $312.7M | $259.1M | ||
| Q2 24 | $312.3M | $178.3M |
净利润LFSTMAX
| Q1 26 | — | $14.0M | ||
| Q4 25 | $11.7M | $31.4M | ||
| Q3 25 | $1.1M | $14.9M | ||
| Q2 25 | $-3.8M | $-18.7M | ||
| Q1 25 | $709.0K | $-1.9M | ||
| Q4 24 | $-7.1M | $4.6M | ||
| Q3 24 | $-6.0M | $9.5M | ||
| Q2 24 | $-23.3M | $3.6M |
毛利率LFSTMAX
| Q1 26 | — | 15.1% | ||
| Q4 25 | — | 15.4% | ||
| Q3 25 | — | 14.2% | ||
| Q2 25 | — | 15.0% | ||
| Q1 25 | — | 15.8% | ||
| Q4 24 | — | 16.3% | ||
| Q3 24 | — | 15.1% | ||
| Q2 24 | — | 17.8% |
营业利润率LFSTMAX
| Q1 26 | — | 7.2% | ||
| Q4 25 | 4.7% | 7.7% | ||
| Q3 25 | 2.0% | 6.4% | ||
| Q2 25 | -0.9% | -8.0% | ||
| Q1 25 | 0.5% | 0.0% | ||
| Q4 24 | 0.3% | 6.1% | ||
| Q3 24 | 0.0% | 6.0% | ||
| Q2 24 | -5.1% | 3.6% |
净利率LFSTMAX
| Q1 26 | — | 4.5% | ||
| Q4 25 | 3.1% | 10.8% | ||
| Q3 25 | 0.3% | 4.9% | ||
| Q2 25 | -1.1% | -7.4% | ||
| Q1 25 | 0.2% | -0.7% | ||
| Q4 24 | -2.2% | 1.5% | ||
| Q3 24 | -1.9% | 3.7% | ||
| Q2 24 | -7.5% | 2.0% |
每股收益（稀释后）LFSTMAX
| Q1 26 | — | — | ||
| Q4 25 | — | $0.50 | ||
| Q3 25 | — | $0.26 | ||
| Q2 25 | — | $-0.33 | ||
| Q1 25 | — | $-0.04 | ||
| Q4 24 | — | $0.09 | ||
| Q3 24 | — | $0.17 | ||
| Q2 24 | — | $0.07 |
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 | $26.1M |
| 总债务越低越好 | $282.8M | $163.5M |
| 股东权益账面价值 | $1.5B | — |
| 总资产 | $2.2B | $367.7M |
| 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LFSTMAX
| Q1 26 | — | $26.1M | ||
| Q4 25 | $248.6M | $46.9M | ||
| Q3 25 | $203.9M | $38.8M | ||
| Q2 25 | $188.9M | $85.4M | ||
| Q1 25 | $134.3M | $63.6M | ||
| Q4 24 | $154.6M | $43.3M | ||
| Q3 24 | $102.6M | $32.3M | ||
| Q2 24 | $87.0M | $28.7M |
总债务LFSTMAX
| Q1 26 | — | $163.5M | ||
| Q4 25 | $282.8M | $153.4M | ||
| Q3 25 | $284.6M | $155.7M | ||
| Q2 25 | $286.4M | $158.0M | ||
| Q1 25 | $288.2M | $160.2M | ||
| Q4 24 | $290.0M | $162.4M | ||
| Q3 24 | $287.3M | $164.7M | ||
| Q2 24 | $288.0M | $166.9M |
股东权益LFSTMAX
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $4.2M | ||
| Q3 25 | $1.5B | $-29.8M | ||
| Q2 25 | $1.5B | $-3.8M | ||
| Q1 25 | $1.5B | $7.9M | ||
| Q4 24 | $1.4B | $2.4M | ||
| Q3 24 | $1.4B | $-8.4M | ||
| Q2 24 | $1.4B | $-24.4M |
总资产LFSTMAX
| Q1 26 | — | $367.7M | ||
| Q4 25 | $2.2B | $383.8M | ||
| Q3 25 | $2.1B | $266.2M | ||
| Q2 25 | $2.1B | $249.4M | ||
| Q1 25 | $2.1B | $240.0M | ||
| Q4 24 | $2.1B | $262.4M | ||
| Q3 24 | $2.1B | $236.1M | ||
| Q2 24 | $2.1B | $198.2M |
负债/权益比LFSTMAX
| Q1 26 | — | — | ||
| Q4 25 | 0.19× | 36.88× | ||
| Q3 25 | 0.19× | — | ||
| Q2 25 | 0.19× | — | ||
| Q1 25 | 0.20× | 20.23× | ||
| Q4 24 | 0.20× | 68.31× | ||
| 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 | $46.6M | — |
| 自由现金流率自由现金流/营收 | 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LFSTMAX
| Q1 26 | — | — | ||
| Q4 25 | $57.6M | $-7.4M | ||
| Q3 25 | $27.3M | $23.6M | ||
| Q2 25 | $64.4M | $25.7M | ||
| Q1 25 | $-3.1M | $23.7M | ||
| Q4 24 | $62.3M | $14.5M | ||
| Q3 24 | $22.7M | $8.1M | ||
| Q2 24 | $44.1M | $21.6M |
自由现金流LFSTMAX
| Q1 26 | — | — | ||
| Q4 25 | $46.6M | $-7.5M | ||
| Q3 25 | $17.0M | $23.6M | ||
| Q2 25 | $56.6M | $25.5M | ||
| Q1 25 | $-10.3M | $23.6M | ||
| Q4 24 | $56.0M | $14.5M | ||
| Q3 24 | $17.7M | $8.0M | ||
| Q2 24 | $39.0M | $21.5M |
自由现金流率LFSTMAX
| Q1 26 | — | — | ||
| Q4 25 | 12.2% | -2.6% | ||
| Q3 25 | 4.7% | 7.7% | ||
| Q2 25 | 16.4% | 10.2% | ||
| Q1 25 | -3.1% | 8.9% | ||
| Q4 24 | 17.2% | 4.8% | ||
| Q3 24 | 5.7% | 3.1% | ||
| Q2 24 | 12.5% | 12.0% |
资本支出强度LFSTMAX
| Q1 26 | — | — | ||
| Q4 25 | 2.9% | 0.0% | ||
| Q3 25 | 2.8% | 0.0% | ||
| Q2 25 | 2.2% | 0.1% | ||
| Q1 25 | 2.2% | 0.0% | ||
| Q4 24 | 1.9% | 0.0% | ||
| Q3 24 | 1.6% | 0.0% | ||
| Q2 24 | 1.6% | 0.1% |
现金转化率LFSTMAX
| Q1 26 | — | — | ||
| Q4 25 | 4.93× | -0.24× | ||
| Q3 25 | 25.34× | 1.58× | ||
| Q2 25 | — | — | ||
| Q1 25 | -4.36× | — | ||
| Q4 24 | — | 3.13× | ||
| Q3 24 | — | 0.85× | ||
| Q2 24 | — | 5.97× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
