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LifeStance Health Group, Inc.（LFST）与Perella Weinberg Partners（PWP）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Perella Weinberg Partners的1.7倍（$382.2M vs $219.2M），Perella Weinberg Partners净利率更高（6.3% vs 3.1%，领先3.2%），LifeStance Health Group, Inc.同比增速更快（17.4% vs -2.9%），LifeStance Health Group, Inc.自由现金流更多（$46.6M vs $30.5M），过去两年Perella Weinberg Partners的营收复合增速更高（46.5% 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。
佩雷拉温伯格合伙公司是一家聚焦咨询业务的全球投资银行，核心为客户提供战略与财务领域的专业咨询服务，凭借深厚的行业经验和全球化资源网络，为各类企业的重要商业决策提供专业支持。
LFST vs PWP — 直观对比
营收规模更大
LFST
是对方的1.7倍
$219.2M
营收增速更快
LFST
高出20.3%
-2.9%
净利率更高
PWP
高出3.2%
3.1%
自由现金流更多
LFST
多$16.2M
$30.5M
两年增速更快
PWP
近两年复合增速
12.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $382.2M | $219.2M |
| 净利润 | $11.7M | $13.8M |
| 毛利率 | — | — |
| 营业利润率 | 4.7% | 8.5% |
| 净利率 | 3.1% | 6.3% |
| 营收同比 | 17.4% | -2.9% |
| 净利润同比 | 264.1% | — |
| 每股收益（稀释后） | — | $0.11 |
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LFSTPWP
| Q4 25 | $382.2M | $219.2M | ||
| Q3 25 | $363.8M | $164.6M | ||
| Q2 25 | $345.3M | $155.3M | ||
| Q1 25 | $333.0M | $211.8M | ||
| Q4 24 | $325.5M | $225.7M | ||
| Q3 24 | $312.7M | $278.2M | ||
| Q2 24 | $312.3M | $272.0M | ||
| Q1 24 | $300.4M | $102.1M |
净利润LFSTPWP
| Q4 25 | $11.7M | $13.8M | ||
| Q3 25 | $1.1M | $6.0M | ||
| Q2 25 | $-3.8M | $2.7M | ||
| Q1 25 | $709.0K | $17.3M | ||
| Q4 24 | $-7.1M | — | ||
| Q3 24 | $-6.0M | $16.4M | ||
| Q2 24 | $-23.3M | $-66.0M | ||
| Q1 24 | $-21.1M | $-35.8M |
营业利润率LFSTPWP
| Q4 25 | 4.7% | 8.5% | ||
| Q3 25 | 2.0% | 5.4% | ||
| Q2 25 | -0.9% | 5.8% | ||
| Q1 25 | 0.5% | 5.5% | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.0% | 12.9% | ||
| Q2 24 | -5.1% | -30.2% | ||
| Q1 24 | -5.6% | -52.4% |
净利率LFSTPWP
| Q4 25 | 3.1% | 6.3% | ||
| Q3 25 | 0.3% | 3.6% | ||
| Q2 25 | -1.1% | 1.8% | ||
| Q1 25 | 0.2% | 8.2% | ||
| Q4 24 | -2.2% | — | ||
| Q3 24 | -1.9% | 5.9% | ||
| Q2 24 | -7.5% | -24.3% | ||
| Q1 24 | -7.0% | -35.1% |
每股收益（稀释后）LFSTPWP
| Q4 25 | — | $0.11 | ||
| Q3 25 | — | $0.08 | ||
| Q2 25 | — | $0.04 | ||
| Q1 25 | — | $0.24 | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0.24 | ||
| Q2 24 | — | $-1.21 | ||
| Q1 24 | — | $-0.91 |
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 | $255.9M |
| 总债务越低越好 | $282.8M | — |
| 股东权益账面价值 | $1.5B | $-127.4M |
| 总资产 | $2.2B | $797.6M |
| 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LFSTPWP
| Q4 25 | $248.6M | $255.9M | ||
| Q3 25 | $203.9M | $185.5M | ||
| Q2 25 | $188.9M | $145.0M | ||
| Q1 25 | $134.3M | $111.2M | ||
| Q4 24 | $154.6M | $407.4M | ||
| Q3 24 | $102.6M | $335.1M | ||
| Q2 24 | $87.0M | $185.3M | ||
| Q1 24 | $49.5M | $156.7M |
总债务LFSTPWP
| 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LFSTPWP
| Q4 25 | $1.5B | $-127.4M | ||
| Q3 25 | $1.5B | $-302.4M | ||
| Q2 25 | $1.5B | $-318.4M | ||
| Q1 25 | $1.5B | $-323.1M | ||
| Q4 24 | $1.4B | $-421.4M | ||
| Q3 24 | $1.4B | $-360.8M | ||
| Q2 24 | $1.4B | $-283.0M | ||
| Q1 24 | $1.4B | $161.9M |
总资产LFSTPWP
| Q4 25 | $2.2B | $797.6M | ||
| Q3 25 | $2.1B | $650.2M | ||
| Q2 25 | $2.1B | $606.7M | ||
| Q1 25 | $2.1B | $570.5M | ||
| Q4 24 | $2.1B | $876.8M | ||
| Q3 24 | $2.1B | $810.9M | ||
| Q2 24 | $2.1B | $645.5M | ||
| Q1 24 | $2.1B | $583.6M |
负债/权益比LFSTPWP
| 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 | $34.8M |
| 自由现金流经营现金流 - 资本支出 | $46.6M | $30.5M |
| 自由现金流率自由现金流/营收 | 12.2% | 13.9% |
| 资本支出强度资本支出/营收 | 2.9% | 2.0% |
| 现金转化率经营现金流/净利润 | 4.93× | 2.52× |
| 过去12个月自由现金流最近4个季度 | $110.0M | $-34.1M |
8季度趋势，按日历期对齐
经营现金流LFSTPWP
| Q4 25 | $57.6M | $34.8M | ||
| Q3 25 | $27.3M | $59.2M | ||
| Q2 25 | $64.4M | $56.1M | ||
| Q1 25 | $-3.1M | $-176.5M | ||
| Q4 24 | $62.3M | $223.4M | ||
| Q3 24 | $22.7M | $200.3M | ||
| Q2 24 | $44.1M | $90.0M | ||
| Q1 24 | $-21.8M | $-206.3M |
自由现金流LFSTPWP
| Q4 25 | $46.6M | $30.5M | ||
| Q3 25 | $17.0M | $57.6M | ||
| Q2 25 | $56.6M | $55.3M | ||
| Q1 25 | $-10.3M | $-177.6M | ||
| Q4 24 | $56.0M | $207.0M | ||
| Q3 24 | $17.7M | $199.3M | ||
| Q2 24 | $39.0M | $83.7M | ||
| Q1 24 | $-26.9M | $-214.8M |
自由现金流率LFSTPWP
| Q4 25 | 12.2% | 13.9% | ||
| Q3 25 | 4.7% | 35.0% | ||
| Q2 25 | 16.4% | 35.6% | ||
| Q1 25 | -3.1% | -83.8% | ||
| Q4 24 | 17.2% | 91.7% | ||
| Q3 24 | 5.7% | 71.6% | ||
| Q2 24 | 12.5% | 30.8% | ||
| Q1 24 | -9.0% | -210.3% |
资本支出强度LFSTPWP
| Q4 25 | 2.9% | 2.0% | ||
| Q3 25 | 2.8% | 0.9% | ||
| Q2 25 | 2.2% | 0.5% | ||
| Q1 25 | 2.2% | 0.5% | ||
| Q4 24 | 1.9% | 7.3% | ||
| Q3 24 | 1.6% | 0.4% | ||
| Q2 24 | 1.6% | 2.3% | ||
| Q1 24 | 1.7% | 8.3% |
现金转化率LFSTPWP
| Q4 25 | 4.93× | 2.52× | ||
| Q3 25 | 25.34× | 9.85× | ||
| Q2 25 | — | 20.50× | ||
| Q1 25 | -4.36× | -10.18× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 12.23× | ||
| 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
