vs
LifeStance Health Group, Inc.（LFST）与MarketAxess（MKTX）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MarketAxess的1.6倍（$382.2M vs $233.4M），MarketAxess净利率更高（33.4% vs 3.1%，领先30.4%），LifeStance Health Group, Inc.同比增速更快（17.4% vs 11.9%），LifeStance Health Group, Inc.自由现金流更多（$46.6M vs $15.9M），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs 8.7%）
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。
MarketAxess Holdings Inc.是一家国际金融科技企业，运营面向机构信贷市场的电子交易平台，同时提供市场数据及交易后服务，支持机构投资者、经纪自营商开展企业债券等各类固定收益类信用工具的交易。
LFST vs MKTX — 直观对比
营收规模更大
LFST
是对方的1.6倍
$233.4M
营收增速更快
LFST
高出5.5%
11.9%
净利率更高
MKTX
高出30.4%
3.1%
自由现金流更多
LFST
多$30.8M
$15.9M
两年增速更快
LFST
近两年复合增速
8.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $382.2M | $233.4M |
| 净利润 | $11.7M | $78.0M |
| 毛利率 | — | — |
| 营业利润率 | 4.7% | 43.2% |
| 净利率 | 3.1% | 33.4% |
| 营收同比 | 17.4% | 11.9% |
| 净利润同比 | 264.1% | 418.5% |
| 每股收益（稀释后） | — | $2.20 |
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LFSTMKTX
| Q1 26 | — | $233.4M | ||
| Q4 25 | $382.2M | $209.4M | ||
| Q3 25 | $363.8M | $208.8M | ||
| Q2 25 | $345.3M | $219.5M | ||
| Q1 25 | $333.0M | $208.6M | ||
| Q4 24 | $325.5M | $202.4M | ||
| Q3 24 | $312.7M | $206.7M | ||
| Q2 24 | $312.3M | $197.7M |
净利润LFSTMKTX
| Q1 26 | — | $78.0M | ||
| Q4 25 | $11.7M | $92.2M | ||
| Q3 25 | $1.1M | $68.2M | ||
| Q2 25 | $-3.8M | $71.1M | ||
| Q1 25 | $709.0K | $15.1M | ||
| Q4 24 | $-7.1M | $65.1M | ||
| Q3 24 | $-6.0M | $71.5M | ||
| Q2 24 | $-23.3M | $64.9M |
营业利润率LFSTMKTX
| Q1 26 | — | 43.2% | ||
| Q4 25 | 4.7% | 36.3% | ||
| Q3 25 | 2.0% | 41.0% | ||
| Q2 25 | -0.9% | 41.9% | ||
| Q1 25 | 0.5% | 42.4% | ||
| Q4 24 | 0.3% | 39.5% | ||
| Q3 24 | 0.0% | 42.1% | ||
| Q2 24 | -5.1% | 41.2% |
净利率LFSTMKTX
| Q1 26 | — | 33.4% | ||
| Q4 25 | 3.1% | 44.0% | ||
| Q3 25 | 0.3% | 32.6% | ||
| Q2 25 | -1.1% | 32.4% | ||
| Q1 25 | 0.2% | 7.2% | ||
| Q4 24 | -2.2% | 32.2% | ||
| Q3 24 | -1.9% | 34.6% | ||
| Q2 24 | -7.5% | 32.9% |
每股收益（稀释后）LFSTMKTX
| Q1 26 | — | $2.20 | ||
| Q4 25 | — | $2.49 | ||
| Q3 25 | — | $1.84 | ||
| Q2 25 | — | $1.91 | ||
| Q1 25 | — | $0.40 | ||
| Q4 24 | — | $1.74 | ||
| Q3 24 | — | $1.90 | ||
| Q2 24 | — | $1.72 |
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 | $377.3M |
| 总债务越低越好 | $282.8M | — |
| 股东权益账面价值 | $1.5B | $1.2B |
| 总资产 | $2.2B | $2.3B |
| 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LFSTMKTX
| Q1 26 | — | $377.3M | ||
| Q4 25 | $248.6M | $519.7M | ||
| Q3 25 | $203.9M | $473.3M | ||
| Q2 25 | $188.9M | $462.8M | ||
| Q1 25 | $134.3M | $486.2M | ||
| Q4 24 | $154.6M | $544.5M | ||
| Q3 24 | $102.6M | $446.3M | ||
| Q2 24 | $87.0M | $434.1M |
总债务LFSTMKTX
| 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LFSTMKTX
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.5B | $1.1B | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.5B | $1.3B | ||
| Q4 24 | $1.4B | $1.4B | ||
| Q3 24 | $1.4B | $1.4B | ||
| Q2 24 | $1.4B | $1.3B |
总资产LFSTMKTX
| Q1 26 | — | $2.3B | ||
| Q4 25 | $2.2B | $1.9B | ||
| Q3 25 | $2.1B | $2.0B | ||
| Q2 25 | $2.1B | $2.0B | ||
| Q1 25 | $2.1B | $1.9B | ||
| Q4 24 | $2.1B | $1.8B | ||
| Q3 24 | $2.1B | $1.8B | ||
| Q2 24 | $2.1B | $1.9B |
负债/权益比LFSTMKTX
| 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 | $46.6M | $15.9M |
| 自由现金流率自由现金流/营收 | 12.2% | 6.8% |
| 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 | $581.0M |
8季度趋势，按日历期对齐
经营现金流LFSTMKTX
| Q1 26 | — | — | ||
| Q4 25 | $57.6M | $382.1M | ||
| Q3 25 | $27.3M | $90.2M | ||
| Q2 25 | $64.4M | $103.7M | ||
| Q1 25 | $-3.1M | $29.6M | ||
| Q4 24 | $62.3M | $385.2M | ||
| Q3 24 | $22.7M | $95.1M | ||
| Q2 24 | $44.1M | $118.8M |
自由现金流LFSTMKTX
| Q1 26 | — | $15.9M | ||
| Q4 25 | $46.6M | $373.9M | ||
| Q3 25 | $17.0M | $88.7M | ||
| Q2 25 | $56.6M | $102.5M | ||
| Q1 25 | $-10.3M | $27.7M | ||
| Q4 24 | $56.0M | $375.3M | ||
| Q3 24 | $17.7M | $94.3M | ||
| Q2 24 | $39.0M | $111.2M |
自由现金流率LFSTMKTX
| Q1 26 | — | 6.8% | ||
| Q4 25 | 12.2% | 178.6% | ||
| Q3 25 | 4.7% | 42.5% | ||
| Q2 25 | 16.4% | 46.7% | ||
| Q1 25 | -3.1% | 13.3% | ||
| Q4 24 | 17.2% | 185.4% | ||
| Q3 24 | 5.7% | 45.6% | ||
| Q2 24 | 12.5% | 56.2% |
资本支出强度LFSTMKTX
| Q1 26 | — | — | ||
| Q4 25 | 2.9% | 3.9% | ||
| Q3 25 | 2.8% | 0.7% | ||
| Q2 25 | 2.2% | 0.5% | ||
| Q1 25 | 2.2% | 0.9% | ||
| Q4 24 | 1.9% | 4.9% | ||
| Q3 24 | 1.6% | 0.4% | ||
| Q2 24 | 1.6% | 3.9% |
现金转化率LFSTMKTX
| Q1 26 | — | — | ||
| Q4 25 | 4.93× | 4.14× | ||
| Q3 25 | 25.34× | 1.32× | ||
| Q2 25 | — | 1.46× | ||
| Q1 25 | -4.36× | 1.97× | ||
| Q4 24 | — | 5.91× | ||
| Q3 24 | — | 1.33× | ||
| Q2 24 | — | 1.83× |
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
MKTX
| Commissions | $203.5M | 87% |
| Information services | $14.4M | 6% |
| Post-trade services | $11.6M | 5% |
| Technology services | $3.9M | 2% |
