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LifeStance Health Group, Inc.（LFST）与Udemy, Inc.（UDMY）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Udemy, Inc.的2.0倍（$382.2M vs $194.0M），LifeStance Health Group, Inc.净利率更高（3.1% vs -1.2%，领先4.3%），LifeStance Health Group, Inc.同比增速更快（17.4% vs -3.0%），LifeStance Health Group, Inc.自由现金流更多（$46.6M vs $15.0M），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs -0.7%）
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。
Udemy是一家总部位于美国的教育科技企业，2010年成立，最初定位为大规模开放在线课程提供商，目前核心办公地点位于加州旧金山，在美、澳、印、爱、墨、土多国均设有分支机构。它主打在线教育平台，支持用户自主创建并分享课程，平台课程以按需点播的视频内容为主，截至2025年初已拥有数百万个人用户。
LFST vs UDMY — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $382.2M | $194.0M |
| 净利润 | $11.7M | $-2.3M |
| 毛利率 | — | 66.0% |
| 营业利润率 | 4.7% | -1.8% |
| 净利率 | 3.1% | -1.2% |
| 营收同比 | 17.4% | -3.0% |
| 净利润同比 | 264.1% | 76.4% |
| 每股收益（稀释后） | — | $-0.01 |
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
| Q4 25 | $382.2M | $194.0M | ||
| Q3 25 | $363.8M | $195.7M | ||
| Q2 25 | $345.3M | $199.9M | ||
| Q1 25 | $333.0M | $200.3M | ||
| Q4 24 | $325.5M | $199.9M | ||
| Q3 24 | $312.7M | $195.4M | ||
| Q2 24 | $312.3M | $194.4M | ||
| Q1 24 | $300.4M | $196.8M |
| Q4 25 | $11.7M | $-2.3M | ||
| Q3 25 | $1.1M | $1.6M | ||
| Q2 25 | $-3.8M | $6.3M | ||
| Q1 25 | $709.0K | $-1.8M | ||
| Q4 24 | $-7.1M | $-9.9M | ||
| Q3 24 | $-6.0M | $-25.3M | ||
| Q2 24 | $-23.3M | $-31.8M | ||
| Q1 24 | $-21.1M | $-18.3M |
| Q4 25 | — | 66.0% | ||
| Q3 25 | — | 65.9% | ||
| Q2 25 | — | 66.1% | ||
| Q1 25 | — | 64.6% | ||
| Q4 24 | — | 63.6% | ||
| Q3 24 | — | 63.0% | ||
| Q2 24 | — | 62.3% | ||
| Q1 24 | — | 61.2% |
| Q4 25 | 4.7% | -1.8% | ||
| Q3 25 | 2.0% | -0.1% | ||
| Q2 25 | -0.9% | 2.0% | ||
| Q1 25 | 0.5% | -2.2% | ||
| Q4 24 | 0.3% | -5.8% | ||
| Q3 24 | 0.0% | -15.1% | ||
| Q2 24 | -5.1% | -13.1% | ||
| Q1 24 | -5.6% | -11.5% |
| Q4 25 | 3.1% | -1.2% | ||
| Q3 25 | 0.3% | 0.8% | ||
| Q2 25 | -1.1% | 3.1% | ||
| Q1 25 | 0.2% | -0.9% | ||
| Q4 24 | -2.2% | -4.9% | ||
| Q3 24 | -1.9% | -12.9% | ||
| Q2 24 | -7.5% | -16.4% | ||
| Q1 24 | -7.0% | -9.3% |
| Q4 25 | — | $-0.01 | ||
| Q3 25 | — | $0.01 | ||
| Q2 25 | — | $0.04 | ||
| Q1 25 | — | $-0.01 | ||
| Q4 24 | — | $-0.06 | ||
| Q3 24 | — | $-0.17 | ||
| Q2 24 | — | $-0.21 | ||
| Q1 24 | — | $-0.12 |
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 | $358.7M |
| 总债务越低越好 | $282.8M | — |
| 股东权益账面价值 | $1.5B | $210.5M |
| 总资产 | $2.2B | $617.7M |
| 负债/权益比越低杠杆越低 | 0.19× | — |
8季度趋势，按日历期对齐
| Q4 25 | $248.6M | $358.7M | ||
| Q3 25 | $203.9M | $371.2M | ||
| Q2 25 | $188.9M | $392.0M | ||
| Q1 25 | $134.3M | $357.0M | ||
| Q4 24 | $154.6M | $354.4M | ||
| Q3 24 | $102.6M | $357.1M | ||
| Q2 24 | $87.0M | $420.9M | ||
| Q1 24 | $49.5M | $430.7M |
| 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 | — |
| Q4 25 | $1.5B | $210.5M | ||
| Q3 25 | $1.5B | $221.8M | ||
| Q2 25 | $1.5B | $233.4M | ||
| Q1 25 | $1.5B | $209.4M | ||
| Q4 24 | $1.4B | $197.4M | ||
| Q3 24 | $1.4B | $196.3M | ||
| Q2 24 | $1.4B | $252.3M | ||
| Q1 24 | $1.4B | $296.5M |
| Q4 25 | $2.2B | $617.7M | ||
| Q3 25 | $2.1B | $618.9M | ||
| Q2 25 | $2.1B | $644.0M | ||
| Q1 25 | $2.1B | $639.0M | ||
| Q4 24 | $2.1B | $605.6M | ||
| Q3 24 | $2.1B | $608.9M | ||
| Q2 24 | $2.1B | $671.9M | ||
| Q1 24 | $2.1B | $708.5M |
| 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 | $15.5M |
| 自由现金流经营现金流 - 资本支出 | $46.6M | $15.0M |
| 自由现金流率自由现金流/营收 | 12.2% | 7.7% |
| 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× | — |
| 过去12个月自由现金流最近4个季度 | $110.0M | $81.9M |
8季度趋势，按日历期对齐
| Q4 25 | $57.6M | $15.5M | ||
| Q3 25 | $27.3M | $15.7M | ||
| Q2 25 | $64.4M | $44.2M | ||
| Q1 25 | $-3.1M | $12.2M | ||
| Q4 24 | $62.3M | $9.6M | ||
| Q3 24 | $22.7M | $-6.1M | ||
| Q2 24 | $44.1M | $28.6M | ||
| Q1 24 | $-21.8M | $21.0M |
| Q4 25 | $46.6M | $15.0M | ||
| Q3 25 | $17.0M | $15.1M | ||
| Q2 25 | $56.6M | $41.9M | ||
| Q1 25 | $-10.3M | $9.8M | ||
| Q4 24 | $56.0M | $8.4M | ||
| Q3 24 | $17.7M | $-6.7M | ||
| Q2 24 | $39.0M | $28.2M | ||
| Q1 24 | $-26.9M | $20.8M |
| Q4 25 | 12.2% | 7.7% | ||
| Q3 25 | 4.7% | 7.7% | ||
| Q2 25 | 16.4% | 21.0% | ||
| Q1 25 | -3.1% | 4.9% | ||
| Q4 24 | 17.2% | 4.2% | ||
| Q3 24 | 5.7% | -3.4% | ||
| Q2 24 | 12.5% | 14.5% | ||
| Q1 24 | -9.0% | 10.6% |
| Q4 25 | 2.9% | 0.3% | ||
| Q3 25 | 2.8% | 0.3% | ||
| Q2 25 | 2.2% | 1.1% | ||
| Q1 25 | 2.2% | 1.2% | ||
| Q4 24 | 1.9% | 0.6% | ||
| Q3 24 | 1.6% | 0.3% | ||
| Q2 24 | 1.6% | 0.2% | ||
| Q1 24 | 1.7% | 0.1% |
| Q4 25 | 4.93× | — | ||
| Q3 25 | 25.34× | 9.58× | ||
| Q2 25 | — | 7.06× | ||
| Q1 25 | -4.36× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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
