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LifeStance Health Group, Inc.（LFST）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
Reddit, Inc.的季度营收约是LifeStance Health Group, Inc.的1.9倍（$725.6M vs $382.2M），Reddit, Inc.净利率更高（34.7% vs 3.1%，领先31.6%），Reddit, Inc.同比增速更快（69.7% vs 17.4%），Reddit, Inc.自由现金流更多（$263.6M vs $46.6M），过去两年Reddit, Inc.的营收复合增速更高（72.8% 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。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
LFST vs RDDT — 直观对比
营收规模更大
RDDT
是对方的1.9倍
$382.2M
营收增速更快
RDDT
高出52.2%
17.4%
净利率更高
RDDT
高出31.6%
3.1%
自由现金流更多
RDDT
多$217.0M
$46.6M
两年增速更快
RDDT
近两年复合增速
12.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $382.2M | $725.6M |
| 净利润 | $11.7M | $251.6M |
| 毛利率 | — | 91.9% |
| 营业利润率 | 4.7% | 31.9% |
| 净利率 | 3.1% | 34.7% |
| 营收同比 | 17.4% | 69.7% |
| 净利润同比 | 264.1% | 254.2% |
| 每股收益（稀释后） | — | $1.24 |
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LFSTRDDT
| Q4 25 | $382.2M | $725.6M | ||
| Q3 25 | $363.8M | $584.9M | ||
| Q2 25 | $345.3M | $499.6M | ||
| Q1 25 | $333.0M | $392.4M | ||
| Q4 24 | $325.5M | $427.7M | ||
| Q3 24 | $312.7M | $348.4M | ||
| Q2 24 | $312.3M | $281.2M | ||
| Q1 24 | $300.4M | $243.0M |
净利润LFSTRDDT
| Q4 25 | $11.7M | $251.6M | ||
| Q3 25 | $1.1M | $162.7M | ||
| Q2 25 | $-3.8M | $89.3M | ||
| Q1 25 | $709.0K | $26.2M | ||
| Q4 24 | $-7.1M | $71.0M | ||
| Q3 24 | $-6.0M | $29.9M | ||
| Q2 24 | $-23.3M | $-10.1M | ||
| Q1 24 | $-21.1M | $-575.1M |
毛利率LFSTRDDT
| Q4 25 | — | 91.9% | ||
| Q3 25 | — | 91.0% | ||
| Q2 25 | — | 90.8% | ||
| Q1 25 | — | 90.5% | ||
| Q4 24 | — | 92.6% | ||
| Q3 24 | — | 90.1% | ||
| Q2 24 | — | 89.5% | ||
| Q1 24 | — | 88.6% |
营业利润率LFSTRDDT
| Q4 25 | 4.7% | 31.9% | ||
| Q3 25 | 2.0% | 23.7% | ||
| Q2 25 | -0.9% | 13.6% | ||
| Q1 25 | 0.5% | 1.0% | ||
| Q4 24 | 0.3% | 12.4% | ||
| Q3 24 | 0.0% | 2.0% | ||
| Q2 24 | -5.1% | -11.0% | ||
| Q1 24 | -5.6% | -242.5% |
净利率LFSTRDDT
| Q4 25 | 3.1% | 34.7% | ||
| Q3 25 | 0.3% | 27.8% | ||
| Q2 25 | -1.1% | 17.9% | ||
| Q1 25 | 0.2% | 6.7% | ||
| Q4 24 | -2.2% | 16.6% | ||
| Q3 24 | -1.9% | 8.6% | ||
| Q2 24 | -7.5% | -3.6% | ||
| Q1 24 | -7.0% | -236.7% |
每股收益（稀释后）LFSTRDDT
| Q4 25 | — | $1.24 | ||
| Q3 25 | — | $0.80 | ||
| Q2 25 | — | $0.45 | ||
| Q1 25 | — | $0.13 | ||
| Q4 24 | — | $4.76 | ||
| Q3 24 | — | $0.16 | ||
| Q2 24 | — | $-0.06 | ||
| Q1 24 | — | $-8.19 |
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 | $953.6M |
| 总债务越低越好 | $282.8M | — |
| 股东权益账面价值 | $1.5B | $2.9B |
| 总资产 | $2.2B | $3.2B |
| 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LFSTRDDT
| Q4 25 | $248.6M | $953.6M | ||
| Q3 25 | $203.9M | $911.7M | ||
| Q2 25 | $188.9M | $734.1M | ||
| Q1 25 | $134.3M | $635.7M | ||
| Q4 24 | $154.6M | $562.1M | ||
| Q3 24 | $102.6M | $515.9M | ||
| Q2 24 | $87.0M | $468.0M | ||
| Q1 24 | $49.5M | $968.5M |
总债务LFSTRDDT
| 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LFSTRDDT
| Q4 25 | $1.5B | $2.9B | ||
| Q3 25 | $1.5B | $2.6B | ||
| Q2 25 | $1.5B | $2.4B | ||
| Q1 25 | $1.5B | $2.2B | ||
| Q4 24 | $1.4B | $2.1B | ||
| Q3 24 | $1.4B | $2.0B | ||
| Q2 24 | $1.4B | $1.9B | ||
| Q1 24 | $1.4B | $1.8B |
总资产LFSTRDDT
| Q4 25 | $2.2B | $3.2B | ||
| Q3 25 | $2.1B | $2.9B | ||
| Q2 25 | $2.1B | $2.6B | ||
| Q1 25 | $2.1B | $2.4B | ||
| Q4 24 | $2.1B | $2.3B | ||
| Q3 24 | $2.1B | $2.2B | ||
| Q2 24 | $2.1B | $2.1B | ||
| Q1 24 | $2.1B | $2.0B |
负债/权益比LFSTRDDT
| 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 | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $46.6M | $263.6M |
| 自由现金流率自由现金流/营收 | 12.2% | 36.3% |
| 资本支出强度资本支出/营收 | 2.9% | 0.4% |
| 现金转化率经营现金流/净利润 | 4.93× | 1.06× |
| 过去12个月自由现金流最近4个季度 | $110.0M | $684.2M |
8季度趋势，按日历期对齐
经营现金流LFSTRDDT
| Q4 25 | $57.6M | $266.8M | ||
| Q3 25 | $27.3M | $185.2M | ||
| Q2 25 | $64.4M | $111.3M | ||
| Q1 25 | $-3.1M | $127.6M | ||
| Q4 24 | $62.3M | $90.0M | ||
| Q3 24 | $22.7M | $71.6M | ||
| Q2 24 | $44.1M | $28.4M | ||
| Q1 24 | $-21.8M | $32.1M |
自由现金流LFSTRDDT
| Q4 25 | $46.6M | $263.6M | ||
| Q3 25 | $17.0M | $183.1M | ||
| Q2 25 | $56.6M | $110.8M | ||
| Q1 25 | $-10.3M | $126.6M | ||
| Q4 24 | $56.0M | $89.2M | ||
| Q3 24 | $17.7M | $70.3M | ||
| Q2 24 | $39.0M | $27.2M | ||
| Q1 24 | $-26.9M | $29.2M |
自由现金流率LFSTRDDT
| Q4 25 | 12.2% | 36.3% | ||
| Q3 25 | 4.7% | 31.3% | ||
| Q2 25 | 16.4% | 22.2% | ||
| Q1 25 | -3.1% | 32.3% | ||
| Q4 24 | 17.2% | 20.8% | ||
| Q3 24 | 5.7% | 20.2% | ||
| Q2 24 | 12.5% | 9.7% | ||
| Q1 24 | -9.0% | 12.0% |
资本支出强度LFSTRDDT
| Q4 25 | 2.9% | 0.4% | ||
| Q3 25 | 2.8% | 0.4% | ||
| Q2 25 | 2.2% | 0.1% | ||
| Q1 25 | 2.2% | 0.2% | ||
| Q4 24 | 1.9% | 0.2% | ||
| Q3 24 | 1.6% | 0.4% | ||
| Q2 24 | 1.6% | 0.4% | ||
| Q1 24 | 1.7% | 1.2% |
现金转化率LFSTRDDT
| Q4 25 | 4.93× | 1.06× | ||
| Q3 25 | 25.34× | 1.14× | ||
| Q2 25 | — | 1.25× | ||
| Q1 25 | -4.36× | 4.88× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | — | 2.40× | ||
| 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
业务分部营收拆解
LFST
暂无分部数据
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
