vs
LifeStance Health Group, Inc.（LFST）与PTC Inc.（PTC）财务数据对比。点击上方公司名可切换其他公司
PTC Inc.的季度营收约是LifeStance Health Group, Inc.的1.8倍（$685.8M vs $382.2M），PTC Inc.净利率更高（24.3% vs 3.1%，领先21.2%），PTC Inc.同比增速更快（21.4% vs 17.4%），PTC Inc.自由现金流更多（$267.4M vs $46.6M），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs 6.6%）
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。
PTC是1985年成立的美国计算机软件与服务企业，总部位于马萨诸塞州波士顿。公司1988年率先推出参数化关联特征驱动的三维CAD建模软件，1998年发布基于互联网的产品生命周期管理（PLM）产品，目前面向合作伙伴与开发者提供物联网、增强现实（AR）平台及相关产品服务。
LFST vs PTC — 直观对比
营收规模更大
PTC
是对方的1.8倍
$382.2M
营收增速更快
PTC
高出3.9%
17.4%
净利率更高
PTC
高出21.2%
3.1%
自由现金流更多
PTC
多$220.8M
$46.6M
两年增速更快
LFST
近两年复合增速
6.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $382.2M | $685.8M |
| 净利润 | $11.7M | $166.5M |
| 毛利率 | — | 82.8% |
| 营业利润率 | 4.7% | 32.2% |
| 净利率 | 3.1% | 24.3% |
| 营收同比 | 17.4% | 21.4% |
| 净利润同比 | 264.1% | 102.5% |
| 每股收益（稀释后） | — | $1.39 |
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LFSTPTC
| Q4 25 | $382.2M | $685.8M | ||
| Q3 25 | $363.8M | $893.8M | ||
| Q2 25 | $345.3M | $643.9M | ||
| Q1 25 | $333.0M | $636.4M | ||
| Q4 24 | $325.5M | $565.1M | ||
| Q3 24 | $312.7M | $626.5M | ||
| Q2 24 | $312.3M | $518.6M | ||
| Q1 24 | $300.4M | $603.1M |
净利润LFSTPTC
| Q4 25 | $11.7M | $166.5M | ||
| Q3 25 | $1.1M | $347.8M | ||
| Q2 25 | $-3.8M | $141.3M | ||
| Q1 25 | $709.0K | $162.6M | ||
| Q4 24 | $-7.1M | $82.2M | ||
| Q3 24 | $-6.0M | $126.5M | ||
| Q2 24 | $-23.3M | $69.0M | ||
| Q1 24 | $-21.1M | $114.4M |
毛利率LFSTPTC
| Q4 25 | — | 82.8% | ||
| Q3 25 | — | 86.9% | ||
| Q2 25 | — | 82.9% | ||
| Q1 25 | — | 83.3% | ||
| Q4 24 | — | 80.2% | ||
| Q3 24 | — | 82.0% | ||
| Q2 24 | — | 78.4% | ||
| Q1 24 | — | 81.8% |
营业利润率LFSTPTC
| Q4 25 | 4.7% | 32.2% | ||
| Q3 25 | 2.0% | 48.5% | ||
| Q2 25 | -0.9% | 32.6% | ||
| Q1 25 | 0.5% | 35.1% | ||
| Q4 24 | 0.3% | 20.4% | ||
| Q3 24 | 0.0% | 31.0% | ||
| Q2 24 | -5.1% | 18.5% | ||
| Q1 24 | -5.6% | 29.8% |
净利率LFSTPTC
| Q4 25 | 3.1% | 24.3% | ||
| Q3 25 | 0.3% | 38.9% | ||
| Q2 25 | -1.1% | 21.9% | ||
| Q1 25 | 0.2% | 25.6% | ||
| Q4 24 | -2.2% | 14.6% | ||
| Q3 24 | -1.9% | 20.2% | ||
| Q2 24 | -7.5% | 13.3% | ||
| Q1 24 | -7.0% | 19.0% |
每股收益（稀释后）LFSTPTC
| Q4 25 | — | $1.39 | ||
| Q3 25 | — | $2.88 | ||
| Q2 25 | — | $1.17 | ||
| Q1 25 | — | $1.35 | ||
| Q4 24 | — | $0.68 | ||
| Q3 24 | — | $1.05 | ||
| Q2 24 | — | $0.57 | ||
| Q1 24 | — | $0.95 |
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 | $209.7M |
| 总债务越低越好 | $282.8M | $1.2B |
| 股东权益账面价值 | $1.5B | $3.8B |
| 总资产 | $2.2B | $6.4B |
| 负债/权益比越低杠杆越低 | 0.19× | 0.31× |
8季度趋势，按日历期对齐
现金及短期投资LFSTPTC
| Q4 25 | $248.6M | $209.7M | ||
| Q3 25 | $203.9M | $184.4M | ||
| Q2 25 | $188.9M | $199.3M | ||
| Q1 25 | $134.3M | $235.2M | ||
| Q4 24 | $154.6M | $196.3M | ||
| Q3 24 | $102.6M | $265.8M | ||
| Q2 24 | $87.0M | $247.7M | ||
| Q1 24 | $49.5M | $249.0M |
总债务LFSTPTC
| Q4 25 | $282.8M | $1.2B | ||
| Q3 25 | $284.6M | $1.2B | ||
| Q2 25 | $286.4M | $1.2B | ||
| Q1 25 | $288.2M | $1.4B | ||
| Q4 24 | $290.0M | $1.0B | ||
| Q3 24 | $287.3M | $1.2B | ||
| Q2 24 | $288.0M | $1.3B | ||
| Q1 24 | $288.8M | $1.5B |
股东权益LFSTPTC
| Q4 25 | $1.5B | $3.8B | ||
| Q3 25 | $1.5B | $3.8B | ||
| Q2 25 | $1.5B | $3.5B | ||
| Q1 25 | $1.5B | $3.4B | ||
| Q4 24 | $1.4B | $3.2B | ||
| Q3 24 | $1.4B | $3.2B | ||
| Q2 24 | $1.4B | $3.0B | ||
| Q1 24 | $1.4B | $2.9B |
总资产LFSTPTC
| Q4 25 | $2.2B | $6.4B | ||
| Q3 25 | $2.1B | $6.6B | ||
| Q2 25 | $2.1B | $6.2B | ||
| Q1 25 | $2.1B | $6.2B | ||
| Q4 24 | $2.1B | $6.1B | ||
| Q3 24 | $2.1B | $6.4B | ||
| Q2 24 | $2.1B | $6.1B | ||
| Q1 24 | $2.1B | $6.2B |
负债/权益比LFSTPTC
| Q4 25 | 0.19× | 0.31× | ||
| Q3 25 | 0.19× | 0.31× | ||
| Q2 25 | 0.19× | 0.34× | ||
| Q1 25 | 0.20× | 0.40× | ||
| Q4 24 | 0.20× | 0.32× | ||
| Q3 24 | 0.20× | 0.38× | ||
| Q2 24 | 0.20× | 0.43× | ||
| Q1 24 | 0.20× | 0.51× |
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 | $269.7M |
| 自由现金流经营现金流 - 资本支出 | $46.6M | $267.4M |
| 自由现金流率自由现金流/营收 | 12.2% | 39.0% |
| 资本支出强度资本支出/营收 | 2.9% | 0.3% |
| 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 | $888.4M |
8季度趋势，按日历期对齐
经营现金流LFSTPTC
| Q4 25 | $57.6M | $269.7M | ||
| Q3 25 | $27.3M | $104.0M | ||
| Q2 25 | $64.4M | $243.9M | ||
| Q1 25 | $-3.1M | $281.3M | ||
| Q4 24 | $62.3M | $238.4M | ||
| Q3 24 | $22.7M | $98.1M | ||
| Q2 24 | $44.1M | $213.8M | ||
| Q1 24 | $-21.8M | $250.7M |
自由现金流LFSTPTC
| Q4 25 | $46.6M | $267.4M | ||
| Q3 25 | $17.0M | $100.5M | ||
| Q2 25 | $56.6M | $242.0M | ||
| Q1 25 | $-10.3M | $278.5M | ||
| Q4 24 | $56.0M | $235.7M | ||
| Q3 24 | $17.7M | $93.6M | ||
| Q2 24 | $39.0M | $212.2M | ||
| Q1 24 | $-26.9M | $247.1M |
自由现金流率LFSTPTC
| Q4 25 | 12.2% | 39.0% | ||
| Q3 25 | 4.7% | 11.2% | ||
| Q2 25 | 16.4% | 37.6% | ||
| Q1 25 | -3.1% | 43.8% | ||
| Q4 24 | 17.2% | 41.7% | ||
| Q3 24 | 5.7% | 14.9% | ||
| Q2 24 | 12.5% | 40.9% | ||
| Q1 24 | -9.0% | 41.0% |
资本支出强度LFSTPTC
| Q4 25 | 2.9% | 0.3% | ||
| Q3 25 | 2.8% | 0.4% | ||
| Q2 25 | 2.2% | 0.3% | ||
| Q1 25 | 2.2% | 0.4% | ||
| Q4 24 | 1.9% | 0.5% | ||
| Q3 24 | 1.6% | 0.7% | ||
| Q2 24 | 1.6% | 0.3% | ||
| Q1 24 | 1.7% | 0.6% |
现金转化率LFSTPTC
| Q4 25 | 4.93× | 1.62× | ||
| Q3 25 | 25.34× | 0.30× | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | -4.36× | 1.73× | ||
| Q4 24 | — | 2.90× | ||
| Q3 24 | — | 0.78× | ||
| Q2 24 | — | 3.10× | ||
| Q1 24 | — | 2.19× |
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
PTC
| Support And Cloud Services | $393.3M | 57% |
| License | $269.7M | 39% |
| Technology Service | $22.9M | 3% |
| Perpetual License | $5.6M | 1% |
