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LifeStance Health Group, Inc.（LFST）与Sabra Health Care REIT, Inc.（SBRA）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Sabra Health Care REIT, Inc.的1.7倍（$382.2M vs $221.8M），Sabra Health Care REIT, Inc.净利率更高（18.4% vs 3.1%，领先15.4%），Sabra Health Care REIT, Inc.同比增速更快（20.8% vs 17.4%），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs 12.2%）
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。
Sabra Health Care REIT, Inc. 是一家专注于医疗保健领域的房地产投资信托公司，投资、持有并运营包括养老社区、专业护理中心、专科医院及医疗办公楼在内的各类医疗地产资产，主要业务覆盖美国全境。
LFST vs SBRA — 直观对比
营收规模更大
LFST
是对方的1.7倍
$221.8M
营收增速更快
SBRA
高出3.4%
17.4%
净利率更高
SBRA
高出15.4%
3.1%
两年增速更快
LFST
近两年复合增速
12.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $382.2M | $221.8M |
| 净利润 | $11.7M | $40.8M |
| 毛利率 | — | — |
| 营业利润率 | 4.7% | — |
| 净利率 | 3.1% | 18.4% |
| 营收同比 | 17.4% | 20.8% |
| 净利润同比 | 264.1% | 1.3% |
| 每股收益（稀释后） | — | — |
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LFSTSBRA
| Q1 26 | — | $221.8M | ||
| Q4 25 | $382.2M | $211.9M | ||
| Q3 25 | $363.8M | $190.0M | ||
| Q2 25 | $345.3M | $189.2M | ||
| Q1 25 | $333.0M | $183.5M | ||
| Q4 24 | $325.5M | $182.3M | ||
| Q3 24 | $312.7M | $178.0M | ||
| Q2 24 | $312.3M | $176.1M |
净利润LFSTSBRA
| Q1 26 | — | $40.8M | ||
| Q4 25 | $11.7M | $27.2M | ||
| Q3 25 | $1.1M | $22.5M | ||
| Q2 25 | $-3.8M | $65.5M | ||
| Q1 25 | $709.0K | $40.3M | ||
| Q4 24 | $-7.1M | $46.7M | ||
| Q3 24 | $-6.0M | $29.8M | ||
| Q2 24 | $-23.3M | $24.0M |
营业利润率LFSTSBRA
| Q1 26 | — | — | ||
| Q4 25 | 4.7% | 12.3% | ||
| Q3 25 | 2.0% | 11.4% | ||
| Q2 25 | -0.9% | 34.5% | ||
| Q1 25 | 0.5% | 22.1% | ||
| Q4 24 | 0.3% | 25.9% | ||
| Q3 24 | 0.0% | 16.5% | ||
| Q2 24 | -5.1% | 13.8% |
净利率LFSTSBRA
| Q1 26 | — | 18.4% | ||
| Q4 25 | 3.1% | 12.8% | ||
| Q3 25 | 0.3% | 11.9% | ||
| Q2 25 | -1.1% | 34.7% | ||
| Q1 25 | 0.2% | 22.0% | ||
| Q4 24 | -2.2% | 25.6% | ||
| Q3 24 | -1.9% | 16.7% | ||
| Q2 24 | -7.5% | 13.6% |
每股收益（稀释后）LFSTSBRA
| Q1 26 | — | — | ||
| Q4 25 | — | $0.11 | ||
| Q3 25 | — | $0.09 | ||
| Q2 25 | — | $0.27 | ||
| Q1 25 | — | $0.17 | ||
| Q4 24 | — | $0.20 | ||
| Q3 24 | — | $0.13 | ||
| Q2 24 | — | $0.10 |
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 | $116.5M |
| 总债务越低越好 | $282.8M | — |
| 股东权益账面价值 | $1.5B | $2.8B |
| 总资产 | $2.2B | $5.6B |
| 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LFSTSBRA
| Q1 26 | — | $116.5M | ||
| Q4 25 | $248.6M | $71.5M | ||
| Q3 25 | $203.9M | $200.6M | ||
| Q2 25 | $188.9M | $95.2M | ||
| Q1 25 | $134.3M | $22.7M | ||
| Q4 24 | $154.6M | $60.5M | ||
| Q3 24 | $102.6M | $63.0M | ||
| Q2 24 | $87.0M | $36.4M |
总债务LFSTSBRA
| Q1 26 | — | — | ||
| Q4 25 | $282.8M | $2.5B | ||
| Q3 25 | $284.6M | $2.6B | ||
| Q2 25 | $286.4M | $2.5B | ||
| Q1 25 | $288.2M | $2.4B | ||
| Q4 24 | $290.0M | $2.4B | ||
| Q3 24 | $287.3M | $2.5B | ||
| Q2 24 | $288.0M | $2.4B |
股东权益LFSTSBRA
| Q1 26 | — | $2.8B | ||
| Q4 25 | $1.5B | $2.8B | ||
| Q3 25 | $1.5B | $2.8B | ||
| Q2 25 | $1.5B | $2.7B | ||
| Q1 25 | $1.5B | $2.7B | ||
| Q4 24 | $1.4B | $2.7B | ||
| Q3 24 | $1.4B | $2.7B | ||
| Q2 24 | $1.4B | $2.8B |
总资产LFSTSBRA
| Q1 26 | — | $5.6B | ||
| Q4 25 | $2.2B | $5.5B | ||
| Q3 25 | $2.1B | $5.6B | ||
| Q2 25 | $2.1B | $5.3B | ||
| Q1 25 | $2.1B | $5.2B | ||
| Q4 24 | $2.1B | $5.3B | ||
| Q3 24 | $2.1B | $5.4B | ||
| Q2 24 | $2.1B | $5.4B |
负债/权益比LFSTSBRA
| Q1 26 | — | — | ||
| Q4 25 | 0.19× | 0.90× | ||
| Q3 25 | 0.19× | 0.92× | ||
| Q2 25 | 0.19× | 0.91× | ||
| Q1 25 | 0.20× | 0.89× | ||
| Q4 24 | 0.20× | 0.88× | ||
| Q3 24 | 0.20× | 0.90× | ||
| Q2 24 | 0.20× | 0.89× |
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 | $98.4M |
| 自由现金流经营现金流 - 资本支出 | $46.6M | — |
| 自由现金流率自由现金流/营收 | 12.2% | — |
| 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× | 2.41× |
| 过去12个月自由现金流最近4个季度 | $110.0M | — |
8季度趋势，按日历期对齐
经营现金流LFSTSBRA
| Q1 26 | — | $98.4M | ||
| Q4 25 | $57.6M | $348.6M | ||
| Q3 25 | $27.3M | $100.0M | ||
| Q2 25 | $64.4M | $81.0M | ||
| Q1 25 | $-3.1M | $80.3M | ||
| Q4 24 | $62.3M | $310.5M | ||
| Q3 24 | $22.7M | $97.7M | ||
| Q2 24 | $44.1M | $80.1M |
自由现金流LFSTSBRA
| Q1 26 | — | — | ||
| Q4 25 | $46.6M | — | ||
| Q3 25 | $17.0M | — | ||
| Q2 25 | $56.6M | — | ||
| Q1 25 | $-10.3M | — | ||
| Q4 24 | $56.0M | — | ||
| Q3 24 | $17.7M | — | ||
| Q2 24 | $39.0M | — |
自由现金流率LFSTSBRA
| Q1 26 | — | — | ||
| Q4 25 | 12.2% | — | ||
| Q3 25 | 4.7% | — | ||
| Q2 25 | 16.4% | — | ||
| Q1 25 | -3.1% | — | ||
| Q4 24 | 17.2% | — | ||
| Q3 24 | 5.7% | — | ||
| Q2 24 | 12.5% | — |
资本支出强度LFSTSBRA
| Q1 26 | — | — | ||
| Q4 25 | 2.9% | — | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | 1.9% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 1.6% | — |
现金转化率LFSTSBRA
| Q1 26 | — | 2.41× | ||
| Q4 25 | 4.93× | 12.80× | ||
| Q3 25 | 25.34× | 4.44× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | -4.36× | 1.99× | ||
| Q4 24 | — | 6.65× | ||
| Q3 24 | — | 3.28× | ||
| Q2 24 | — | 3.34× |
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
SBRA
| Resident fees and services | $116.7M | 53% |
| Rental and related revenues (1) | $95.0M | 43% |
| Other | $10.0M | 5% |
