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LifeStance Health Group, Inc.（LFST）与INNOVATE Corp.（VATE）财务数据对比。点击上方公司名可切换其他公司
INNOVATE Corp.的季度营收约是LifeStance Health Group, Inc.的1.0倍（$382.7M vs $382.2M），LifeStance Health Group, Inc.净利率更高（3.1% vs -1.9%，领先5.0%），INNOVATE Corp.同比增速更快（61.7% vs 17.4%），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs 10.2%）
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。
创新公司（Innovate Corp.）是一家美国上市金融服务企业，创立于1994年，深耕金融服务领域，面向市场提供多元专业金融相关服务，是美国本土具备多年运营经验的公众金融服务机构。
LFST vs VATE — 直观对比
营收规模更大
VATE
是对方的1.0倍
$382.2M
营收增速更快
VATE
高出44.3%
17.4%
净利率更高
LFST
高出5.0%
-1.9%
两年增速更快
LFST
近两年复合增速
10.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $382.2M | $382.7M |
| 净利润 | $11.7M | $-7.4M |
| 毛利率 | — | 15.4% |
| 营业利润率 | 4.7% | 3.7% |
| 净利率 | 3.1% | -1.9% |
| 营收同比 | 17.4% | 61.7% |
| 净利润同比 | 264.1% | 55.4% |
| 每股收益（稀释后） | — | $-0.57 |
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LFSTVATE
| Q4 25 | $382.2M | $382.7M | ||
| Q3 25 | $363.8M | $347.1M | ||
| Q2 25 | $345.3M | $242.0M | ||
| Q1 25 | $333.0M | $274.2M | ||
| Q4 24 | $325.5M | $236.6M | ||
| Q3 24 | $312.7M | $242.2M | ||
| Q2 24 | $312.3M | $313.1M | ||
| Q1 24 | $300.4M | $315.2M |
净利润LFSTVATE
| Q4 25 | $11.7M | $-7.4M | ||
| Q3 25 | $1.1M | $-8.9M | ||
| Q2 25 | $-3.8M | $-19.8M | ||
| Q1 25 | $709.0K | $-24.5M | ||
| Q4 24 | $-7.1M | $-16.6M | ||
| Q3 24 | $-6.0M | $-15.0M | ||
| Q2 24 | $-23.3M | $14.4M | ||
| Q1 24 | $-21.1M | $-17.4M |
毛利率LFSTVATE
| Q4 25 | — | 15.4% | ||
| Q3 25 | — | 14.3% | ||
| Q2 25 | — | 18.8% | ||
| Q1 25 | — | 16.6% | ||
| Q4 24 | — | 19.6% | ||
| Q3 24 | — | 19.9% | ||
| Q2 24 | — | 21.0% | ||
| Q1 24 | — | 15.4% |
营业利润率LFSTVATE
| Q4 25 | 4.7% | 3.7% | ||
| Q3 25 | 2.0% | 1.8% | ||
| Q2 25 | -0.9% | 2.0% | ||
| Q1 25 | 0.5% | 1.2% | ||
| Q4 24 | 0.3% | 1.1% | ||
| Q3 24 | 0.0% | 2.4% | ||
| Q2 24 | -5.1% | 9.2% | ||
| Q1 24 | -5.6% | 0.9% |
净利率LFSTVATE
| Q4 25 | 3.1% | -1.9% | ||
| Q3 25 | 0.3% | -2.6% | ||
| Q2 25 | -1.1% | -8.2% | ||
| Q1 25 | 0.2% | -8.9% | ||
| Q4 24 | -2.2% | -7.0% | ||
| Q3 24 | -1.9% | -6.2% | ||
| Q2 24 | -7.5% | 4.6% | ||
| Q1 24 | -7.0% | -5.5% |
每股收益（稀释后）LFSTVATE
| Q4 25 | — | $-0.57 | ||
| Q3 25 | — | $-0.71 | ||
| Q2 25 | — | $-1.67 | ||
| Q1 25 | — | $-1.89 | ||
| Q4 24 | — | $-0.72 | ||
| Q3 24 | — | $-1.18 | ||
| Q2 24 | — | $1.03 | ||
| Q1 24 | — | $-2.21 |
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 | $112.1M |
| 总债务越低越好 | $282.8M | $80.3M |
| 股东权益账面价值 | $1.5B | $-240.1M |
| 总资产 | $2.2B | $950.1M |
| 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LFSTVATE
| Q4 25 | $248.6M | $112.1M | ||
| Q3 25 | $203.9M | $35.5M | ||
| Q2 25 | $188.9M | $33.4M | ||
| Q1 25 | $134.3M | $33.3M | ||
| Q4 24 | $154.6M | $48.8M | ||
| Q3 24 | $102.6M | $51.0M | ||
| Q2 24 | $87.0M | $80.2M | ||
| Q1 24 | $49.5M | $38.4M |
总债务LFSTVATE
| Q4 25 | $282.8M | $80.3M | ||
| Q3 25 | $284.6M | $97.3M | ||
| Q2 25 | $286.4M | $160.1M | ||
| Q1 25 | $288.2M | $139.9M | ||
| Q4 24 | $290.0M | $500.6M | ||
| Q3 24 | $287.3M | $502.4M | ||
| Q2 24 | $288.0M | $638.3M | ||
| Q1 24 | $288.8M | $641.5M |
股东权益LFSTVATE
| Q4 25 | $1.5B | $-240.1M | ||
| Q3 25 | $1.5B | $-233.3M | ||
| Q2 25 | $1.5B | $-224.8M | ||
| Q1 25 | $1.5B | $-204.2M | ||
| Q4 24 | $1.4B | $-180.4M | ||
| Q3 24 | $1.4B | $-163.1M | ||
| Q2 24 | $1.4B | $-149.0M | ||
| Q1 24 | $1.4B | $-184.4M |
总资产LFSTVATE
| Q4 25 | $2.2B | $950.1M | ||
| Q3 25 | $2.1B | $913.2M | ||
| Q2 25 | $2.1B | $890.9M | ||
| Q1 25 | $2.1B | $868.0M | ||
| Q4 24 | $2.1B | $891.1M | ||
| Q3 24 | $2.1B | $897.2M | ||
| Q2 24 | $2.1B | $898.9M | ||
| Q1 24 | $2.1B | $943.5M |
负债/权益比LFSTVATE
| 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 | $101.1M |
| 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× | — |
| 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LFSTVATE
| Q4 25 | $57.6M | $101.1M | ||
| Q3 25 | $27.3M | $19.2M | ||
| Q2 25 | $64.4M | $40.4M | ||
| Q1 25 | $-3.1M | $-14.1M | ||
| Q4 24 | $62.3M | $41.4M | ||
| Q3 24 | $22.7M | $-28.4M | ||
| Q2 24 | $44.1M | $21.5M | ||
| Q1 24 | $-21.8M | $-25.4M |
自由现金流LFSTVATE
| Q4 25 | $46.6M | — | ||
| Q3 25 | $17.0M | $19.0M | ||
| Q2 25 | $56.6M | — | ||
| Q1 25 | $-10.3M | $-18.8M | ||
| Q4 24 | $56.0M | $34.2M | ||
| Q3 24 | $17.7M | $-31.5M | ||
| Q2 24 | $39.0M | $18.4M | ||
| Q1 24 | $-26.9M | $-31.0M |
自由现金流率LFSTVATE
| Q4 25 | 12.2% | — | ||
| Q3 25 | 4.7% | 5.5% | ||
| Q2 25 | 16.4% | — | ||
| Q1 25 | -3.1% | -6.9% | ||
| Q4 24 | 17.2% | 14.5% | ||
| Q3 24 | 5.7% | -13.0% | ||
| Q2 24 | 12.5% | 5.9% | ||
| Q1 24 | -9.0% | -9.8% |
资本支出强度LFSTVATE
| Q4 25 | 2.9% | — | ||
| Q3 25 | 2.8% | 0.1% | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 2.2% | 1.7% | ||
| Q4 24 | 1.9% | 3.0% | ||
| Q3 24 | 1.6% | 1.3% | ||
| Q2 24 | 1.6% | 1.0% | ||
| Q1 24 | 1.7% | 1.8% |
现金转化率LFSTVATE
| Q4 25 | 4.93× | — | ||
| Q3 25 | 25.34× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -4.36× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.49× | ||
| 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
VATE
| Commercial Revenue | $126.1M | 33% |
| Industrial Revenue | $87.5M | 23% |
| Transportation Revenue | $58.4M | 15% |
| Healthcare Revenue | $48.4M | 13% |
| Government Revenue | $44.3M | 12% |
| Energy Revenue | $8.0M | 2% |
| Broadcast Station Revenue | $5.7M | 1% |
| Systems And Consumables Revenue | $3.1M | 1% |
| Leisure Revenue | $200.0K | 0% |
