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LifeStance Health Group, Inc.（LFST）与威瑞信（VRSN）财务数据对比。点击上方公司名可切换其他公司
威瑞信的季度营收约是LifeStance Health Group, Inc.的1.1倍（$425.3M vs $382.2M），威瑞信净利率更高（48.5% vs 3.1%，领先45.4%），LifeStance Health Group, Inc.同比增速更快（17.4% vs 7.6%），威瑞信自由现金流更多（$285.1M vs $46.6M），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs 5.2%）
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。
威瑞信是总部位于美国弗吉尼亚州雷斯顿的网络基础设施服务商，运营全球互联网13台根域名服务器中的2台，同时是.com、.net、.name、.cc等顶级域名的权威注册管理机构，还负责.jobs、.edu等赞助类顶级域名的后端系统运维工作。
LFST vs VRSN — 直观对比
营收规模更大
VRSN
是对方的1.1倍
$382.2M
营收增速更快
LFST
高出9.9%
7.6%
净利率更高
VRSN
高出45.4%
3.1%
自由现金流更多
VRSN
多$238.5M
$46.6M
两年增速更快
LFST
近两年复合增速
5.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $382.2M | $425.3M |
| 净利润 | $11.7M | $206.2M |
| 毛利率 | — | 88.5% |
| 营业利润率 | 4.7% | 67.0% |
| 净利率 | 3.1% | 48.5% |
| 营收同比 | 17.4% | 7.6% |
| 净利润同比 | 264.1% | 7.7% |
| 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LFSTVRSN
| Q4 25 | $382.2M | $425.3M | ||
| Q3 25 | $363.8M | $419.1M | ||
| Q2 25 | $345.3M | $409.9M | ||
| Q1 25 | $333.0M | $402.3M | ||
| Q4 24 | $325.5M | $395.4M | ||
| Q3 24 | $312.7M | $390.6M | ||
| Q2 24 | $312.3M | $387.1M | ||
| Q1 24 | $300.4M | $384.3M |
净利润LFSTVRSN
| Q4 25 | $11.7M | $206.2M | ||
| Q3 25 | $1.1M | $212.8M | ||
| Q2 25 | $-3.8M | $207.4M | ||
| Q1 25 | $709.0K | $199.3M | ||
| Q4 24 | $-7.1M | $191.5M | ||
| Q3 24 | $-6.0M | $201.3M | ||
| Q2 24 | $-23.3M | $198.8M | ||
| Q1 24 | $-21.1M | $194.1M |
毛利率LFSTVRSN
| Q4 25 | — | 88.5% | ||
| Q3 25 | — | 88.4% | ||
| Q2 25 | — | 88.0% | ||
| Q1 25 | — | 87.7% | ||
| Q4 24 | — | 87.8% | ||
| Q3 24 | — | 88.0% | ||
| Q2 24 | — | 87.8% | ||
| Q1 24 | — | 87.2% |
营业利润率LFSTVRSN
| Q4 25 | 4.7% | 67.0% | ||
| Q3 25 | 2.0% | 67.8% | ||
| Q2 25 | -0.9% | 68.5% | ||
| Q1 25 | 0.5% | 67.4% | ||
| Q4 24 | 0.3% | 66.7% | ||
| Q3 24 | 0.0% | 68.9% | ||
| Q2 24 | -5.1% | 68.8% | ||
| Q1 24 | -5.6% | 67.4% |
净利率LFSTVRSN
| Q4 25 | 3.1% | 48.5% | ||
| Q3 25 | 0.3% | 50.8% | ||
| Q2 25 | -1.1% | 50.6% | ||
| Q1 25 | 0.2% | 49.5% | ||
| Q4 24 | -2.2% | 48.4% | ||
| Q3 24 | -1.9% | 51.5% | ||
| Q2 24 | -7.5% | 51.4% | ||
| Q1 24 | -7.0% | 50.5% |
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 | $580.5M |
| 总债务越低越好 | $282.8M | — |
| 股东权益账面价值 | $1.5B | $-2.2B |
| 总资产 | $2.2B | $1.3B |
| 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LFSTVRSN
| Q4 25 | $248.6M | $580.5M | ||
| Q3 25 | $203.9M | $617.7M | ||
| Q2 25 | $188.9M | $593.8M | ||
| Q1 25 | $134.3M | $648.5M | ||
| Q4 24 | $154.6M | $599.9M | ||
| Q3 24 | $102.6M | $644.9M | ||
| Q2 24 | $87.0M | $689.9M | ||
| Q1 24 | $49.5M | $924.7M |
总债务LFSTVRSN
| 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LFSTVRSN
| Q4 25 | $1.5B | $-2.2B | ||
| Q3 25 | $1.5B | $-2.1B | ||
| Q2 25 | $1.5B | $-2.0B | ||
| Q1 25 | $1.5B | $-2.0B | ||
| Q4 24 | $1.4B | $-2.0B | ||
| Q3 24 | $1.4B | $-1.9B | ||
| Q2 24 | $1.4B | $-1.8B | ||
| Q1 24 | $1.4B | $-1.6B |
总资产LFSTVRSN
| Q4 25 | $2.2B | $1.3B | ||
| Q3 25 | $2.1B | $1.4B | ||
| Q2 25 | $2.1B | $1.4B | ||
| Q1 25 | $2.1B | $1.4B | ||
| Q4 24 | $2.1B | $1.4B | ||
| Q3 24 | $2.1B | $1.5B | ||
| Q2 24 | $2.1B | $1.5B | ||
| Q1 24 | $2.1B | $1.7B |
负债/权益比LFSTVRSN
| 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 | $289.6M |
| 自由现金流经营现金流 - 资本支出 | $46.6M | $285.1M |
| 自由现金流率自由现金流/营收 | 12.2% | 67.0% |
| 资本支出强度资本支出/营收 | 2.9% | 1.1% |
| 现金转化率经营现金流/净利润 | 4.93× | 1.40× |
| 过去12个月自由现金流最近4个季度 | $110.0M | $1.1B |
8季度趋势，按日历期对齐
经营现金流LFSTVRSN
| Q4 25 | $57.6M | $289.6M | ||
| Q3 25 | $27.3M | $307.7M | ||
| Q2 25 | $64.4M | $202.5M | ||
| Q1 25 | $-3.1M | $291.3M | ||
| Q4 24 | $62.3M | $231.5M | ||
| Q3 24 | $22.7M | $253.4M | ||
| Q2 24 | $44.1M | $160.4M | ||
| Q1 24 | $-21.8M | $257.3M |
自由现金流LFSTVRSN
| Q4 25 | $46.6M | $285.1M | ||
| Q3 25 | $17.0M | $303.0M | ||
| Q2 25 | $56.6M | $194.7M | ||
| Q1 25 | $-10.3M | $285.5M | ||
| Q4 24 | $56.0M | $222.0M | ||
| Q3 24 | $17.7M | $247.8M | ||
| Q2 24 | $39.0M | $151.2M | ||
| Q1 24 | $-26.9M | $253.5M |
自由现金流率LFSTVRSN
| Q4 25 | 12.2% | 67.0% | ||
| Q3 25 | 4.7% | 72.3% | ||
| Q2 25 | 16.4% | 47.5% | ||
| Q1 25 | -3.1% | 71.0% | ||
| Q4 24 | 17.2% | 56.1% | ||
| Q3 24 | 5.7% | 63.4% | ||
| Q2 24 | 12.5% | 39.1% | ||
| Q1 24 | -9.0% | 66.0% |
资本支出强度LFSTVRSN
| Q4 25 | 2.9% | 1.1% | ||
| Q3 25 | 2.8% | 1.1% | ||
| Q2 25 | 2.2% | 1.9% | ||
| Q1 25 | 2.2% | 1.4% | ||
| Q4 24 | 1.9% | 2.4% | ||
| Q3 24 | 1.6% | 1.4% | ||
| Q2 24 | 1.6% | 2.4% | ||
| Q1 24 | 1.7% | 1.0% |
现金转化率LFSTVRSN
| Q4 25 | 4.93× | 1.40× | ||
| Q3 25 | 25.34× | 1.45× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | -4.36× | 1.46× | ||
| Q4 24 | — | 1.21× | ||
| Q3 24 | — | 1.26× | ||
| Q2 24 | — | 0.81× | ||
| Q1 24 | — | 1.33× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
