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LifeStance Health Group, Inc.（LFST）与PEGASYSTEMS INC（PEGA）财务数据对比。点击上方公司名可切换其他公司
PEGASYSTEMS INC的季度营收约是LifeStance Health Group, Inc.的1.1倍（$430.0M vs $382.2M），PEGASYSTEMS INC净利率更高（7.6% vs 3.1%，领先4.6%），LifeStance Health Group, Inc.同比增速更快（17.4% vs -9.6%），PEGASYSTEMS INC自由现金流更多（$206.5M vs $46.6M），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs 10.7%）
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。
Pegasystems Inc.（简称Pega）是1983年成立的全球软件企业，总部位于美国马萨诸塞州沃尔瑟姆，1996年于纳斯达克上市，股票代码PEGA。公司主打低代码平台，面向企业客户提供工作流自动化、生成式AI驱动决策等相关解决方案。
LFST vs PEGA — 直观对比
营收规模更大
PEGA
是对方的1.1倍
$382.2M
营收增速更快
LFST
高出27.0%
-9.6%
净利率更高
PEGA
高出4.6%
3.1%
自由现金流更多
PEGA
多$159.9M
$46.6M
两年增速更快
LFST
近两年复合增速
10.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $382.2M | $430.0M |
| 净利润 | $11.7M | $32.8M |
| 毛利率 | — | 75.2% |
| 营业利润率 | 4.7% | 8.6% |
| 净利率 | 3.1% | 7.6% |
| 营收同比 | 17.4% | -9.6% |
| 净利润同比 | 264.1% | — |
| 每股收益（稀释后） | — | $0.18 |
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LFSTPEGA
| Q1 26 | — | $430.0M | ||
| Q4 25 | $382.2M | $504.3M | ||
| Q3 25 | $363.8M | $381.4M | ||
| Q2 25 | $345.3M | $384.5M | ||
| Q1 25 | $333.0M | $475.6M | ||
| Q4 24 | $325.5M | $490.8M | ||
| Q3 24 | $312.7M | $325.1M | ||
| Q2 24 | $312.3M | $351.2M |
净利润LFSTPEGA
| Q1 26 | — | $32.8M | ||
| Q4 25 | $11.7M | $234.6M | ||
| Q3 25 | $1.1M | $43.4M | ||
| Q2 25 | $-3.8M | $30.1M | ||
| Q1 25 | $709.0K | $85.4M | ||
| Q4 24 | $-7.1M | $119.1M | ||
| Q3 24 | $-6.0M | $-14.4M | ||
| Q2 24 | $-23.3M | $6.6M |
毛利率LFSTPEGA
| Q1 26 | — | 75.2% | ||
| Q4 25 | — | 79.5% | ||
| Q3 25 | — | 72.2% | ||
| Q2 25 | — | 71.5% | ||
| Q1 25 | — | 78.5% | ||
| Q4 24 | — | 79.1% | ||
| Q3 24 | — | 70.2% | ||
| Q2 24 | — | 72.4% |
营业利润率LFSTPEGA
| Q1 26 | — | 8.6% | ||
| Q4 25 | 4.7% | 20.7% | ||
| Q3 25 | 2.0% | 3.8% | ||
| Q2 25 | -0.9% | 4.5% | ||
| Q1 25 | 0.5% | 26.7% | ||
| Q4 24 | 0.3% | 29.1% | ||
| Q3 24 | 0.0% | -3.6% | ||
| Q2 24 | -5.1% | 3.7% |
净利率LFSTPEGA
| Q1 26 | — | 7.6% | ||
| Q4 25 | 3.1% | 46.5% | ||
| Q3 25 | 0.3% | 11.4% | ||
| Q2 25 | -1.1% | 7.8% | ||
| Q1 25 | 0.2% | 18.0% | ||
| Q4 24 | -2.2% | 24.3% | ||
| Q3 24 | -1.9% | -4.4% | ||
| Q2 24 | -7.5% | 1.9% |
每股收益（稀释后）LFSTPEGA
| Q1 26 | — | $0.18 | ||
| Q4 25 | — | $0.81 | ||
| Q3 25 | — | $0.24 | ||
| Q2 25 | — | $0.17 | ||
| Q1 25 | — | $0.91 | ||
| Q4 24 | — | $1.35 | ||
| 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 | $270.0M |
| 总债务越低越好 | $282.8M | — |
| 股东权益账面价值 | $1.5B | $705.9M |
| 总资产 | $2.2B | $1.6B |
| 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LFSTPEGA
| Q1 26 | — | $270.0M | ||
| Q4 25 | $248.6M | $425.8M | ||
| Q3 25 | $203.9M | $351.4M | ||
| Q2 25 | $188.9M | $411.6M | ||
| Q1 25 | $134.3M | $371.7M | ||
| Q4 24 | $154.6M | $740.0M | ||
| Q3 24 | $102.6M | $703.0M | ||
| Q2 24 | $87.0M | $665.1M |
总债务LFSTPEGA
| 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LFSTPEGA
| Q1 26 | — | $705.9M | ||
| Q4 25 | $1.5B | $787.4M | ||
| Q3 25 | $1.5B | $596.8M | ||
| Q2 25 | $1.5B | $624.5M | ||
| Q1 25 | $1.5B | $611.3M | ||
| Q4 24 | $1.4B | $585.5M | ||
| Q3 24 | $1.4B | $473.0M | ||
| Q2 24 | $1.4B | $435.4M |
总资产LFSTPEGA
| Q1 26 | — | $1.6B | ||
| Q4 25 | $2.2B | $1.6B | ||
| Q3 25 | $2.1B | $1.3B | ||
| Q2 25 | $2.1B | $1.3B | ||
| Q1 25 | $2.1B | $1.3B | ||
| Q4 24 | $2.1B | $1.8B | ||
| Q3 24 | $2.1B | $1.6B | ||
| Q2 24 | $2.1B | $1.5B |
负债/权益比LFSTPEGA
| 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 | $206.5M |
| 自由现金流率自由现金流/营收 | 12.2% | 48.0% |
| 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 | $494.9M |
8季度趋势，按日历期对齐
经营现金流LFSTPEGA
| Q1 26 | — | — | ||
| Q4 25 | $57.6M | $158.4M | ||
| Q3 25 | $27.3M | $56.3M | ||
| Q2 25 | $64.4M | $86.3M | ||
| Q1 25 | $-3.1M | $204.2M | ||
| Q4 24 | $62.3M | $95.2M | ||
| Q3 24 | $22.7M | $30.5M | ||
| Q2 24 | $44.1M | $40.1M |
自由现金流LFSTPEGA
| Q1 26 | — | $206.5M | ||
| Q4 25 | $46.6M | $152.4M | ||
| Q3 25 | $17.0M | $51.8M | ||
| Q2 25 | $56.6M | $84.1M | ||
| Q1 25 | $-10.3M | $202.3M | ||
| Q4 24 | $56.0M | $92.4M | ||
| Q3 24 | $17.7M | $27.4M | ||
| Q2 24 | $39.0M | $38.8M |
自由现金流率LFSTPEGA
| Q1 26 | — | 48.0% | ||
| Q4 25 | 12.2% | 30.2% | ||
| Q3 25 | 4.7% | 13.6% | ||
| Q2 25 | 16.4% | 21.9% | ||
| Q1 25 | -3.1% | 42.5% | ||
| Q4 24 | 17.2% | 18.8% | ||
| Q3 24 | 5.7% | 8.4% | ||
| Q2 24 | 12.5% | 11.1% |
资本支出强度LFSTPEGA
| Q1 26 | — | — | ||
| Q4 25 | 2.9% | 1.2% | ||
| Q3 25 | 2.8% | 1.2% | ||
| Q2 25 | 2.2% | 0.6% | ||
| Q1 25 | 2.2% | 0.4% | ||
| Q4 24 | 1.9% | 0.6% | ||
| Q3 24 | 1.6% | 0.9% | ||
| Q2 24 | 1.6% | 0.4% |
现金转化率LFSTPEGA
| Q1 26 | — | — | ||
| Q4 25 | 4.93× | 0.68× | ||
| Q3 25 | 25.34× | 1.30× | ||
| Q2 25 | — | 2.87× | ||
| Q1 25 | -4.36× | 2.39× | ||
| Q4 24 | — | 0.80× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 6.06× |
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
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |
