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LifeStance Health Group, Inc.（LFST）与ZILLOW GROUP, INC.（ZG）财务数据对比。点击上方公司名可切换其他公司
ZILLOW GROUP, INC.的季度营收约是LifeStance Health Group, Inc.的1.7倍（$654.0M vs $382.2M），LifeStance Health Group, Inc.净利率更高（3.1% vs 0.5%，领先2.6%），ZILLOW GROUP, INC.同比增速更快（18.1% vs 17.4%），LifeStance Health Group, Inc.自由现金流更多（$46.6M vs $44.0M），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs 11.2%）
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。
Zillow集团是美国头部房地产科技线上平台企业，2006年由前微软高管里奇·巴顿、劳埃德·弗林克等联合创立，业务涵盖房产信息查询、交易配套服务等，是全球房产科技领域的知名代表企业。
LFST vs ZG — 直观对比
营收规模更大
ZG
是对方的1.7倍
$382.2M
营收增速更快
ZG
高出0.6%
17.4%
净利率更高
LFST
高出2.6%
0.5%
自由现金流更多
LFST
多$2.6M
$44.0M
两年增速更快
LFST
近两年复合增速
11.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $382.2M | $654.0M |
| 净利润 | $11.7M | $3.0M |
| 毛利率 | — | 72.8% |
| 营业利润率 | 4.7% | -1.7% |
| 净利率 | 3.1% | 0.5% |
| 营收同比 | 17.4% | 18.1% |
| 净利润同比 | 264.1% | 105.8% |
| 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
营收LFSTZG
| Q4 25 | $382.2M | $654.0M | ||
| Q3 25 | $363.8M | $676.0M | ||
| Q2 25 | $345.3M | $655.0M | ||
| Q1 25 | $333.0M | $598.0M | ||
| Q4 24 | $325.5M | $554.0M | ||
| Q3 24 | $312.7M | $581.0M | ||
| Q2 24 | $312.3M | $572.0M | ||
| Q1 24 | $300.4M | $529.0M |
净利润LFSTZG
| Q4 25 | $11.7M | $3.0M | ||
| Q3 25 | $1.1M | $10.0M | ||
| Q2 25 | $-3.8M | $2.0M | ||
| Q1 25 | $709.0K | $8.0M | ||
| Q4 24 | $-7.1M | $-52.0M | ||
| Q3 24 | $-6.0M | $-20.0M | ||
| Q2 24 | $-23.3M | $-17.0M | ||
| Q1 24 | $-21.1M | $-23.0M |
毛利率LFSTZG
| Q4 25 | — | 72.8% | ||
| Q3 25 | — | 72.6% | ||
| Q2 25 | — | 74.7% | ||
| Q1 25 | — | 76.8% | ||
| Q4 24 | — | 75.8% | ||
| Q3 24 | — | 75.9% | ||
| Q2 24 | — | 77.3% | ||
| Q1 24 | — | 76.7% |
营业利润率LFSTZG
| Q4 25 | 4.7% | -1.7% | ||
| Q3 25 | 2.0% | -0.4% | ||
| Q2 25 | -0.9% | -1.7% | ||
| Q1 25 | 0.5% | -1.5% | ||
| Q4 24 | 0.3% | -12.5% | ||
| Q3 24 | 0.0% | -7.7% | ||
| Q2 24 | -5.1% | -6.6% | ||
| Q1 24 | -5.6% | -8.5% |
净利率LFSTZG
| Q4 25 | 3.1% | 0.5% | ||
| Q3 25 | 0.3% | 1.5% | ||
| Q2 25 | -1.1% | 0.3% | ||
| Q1 25 | 0.2% | 1.3% | ||
| Q4 24 | -2.2% | -9.4% | ||
| Q3 24 | -1.9% | -3.4% | ||
| Q2 24 | -7.5% | -3.0% | ||
| Q1 24 | -7.0% | -4.3% |
每股收益（稀释后）LFSTZG
| Q4 25 | — | $0.01 | ||
| Q3 25 | — | $0.04 | ||
| Q2 25 | — | $0.01 | ||
| Q1 25 | — | $0.03 | ||
| Q4 24 | — | $-0.23 | ||
| Q3 24 | — | $-0.08 | ||
| Q2 24 | — | $-0.07 | ||
| Q1 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 | $768.0M |
| 总债务越低越好 | $282.8M | — |
| 股东权益账面价值 | $1.5B | $4.9B |
| 总资产 | $2.2B | $5.7B |
| 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LFSTZG
| Q4 25 | $248.6M | $768.0M | ||
| Q3 25 | $203.9M | $874.0M | ||
| Q2 25 | $188.9M | $587.0M | ||
| Q1 25 | $134.3M | $914.0M | ||
| Q4 24 | $154.6M | $1.1B | ||
| Q3 24 | $102.6M | $1.1B | ||
| Q2 24 | $87.0M | $1.2B | ||
| Q1 24 | $49.5M | $1.4B |
总债务LFSTZG
| 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LFSTZG
| Q4 25 | $1.5B | $4.9B | ||
| Q3 25 | $1.5B | $5.0B | ||
| Q2 25 | $1.5B | $4.7B | ||
| Q1 25 | $1.5B | $4.8B | ||
| Q4 24 | $1.4B | $4.8B | ||
| Q3 24 | $1.4B | $4.7B | ||
| Q2 24 | $1.4B | $4.5B | ||
| Q1 24 | $1.4B | $4.7B |
总资产LFSTZG
| Q4 25 | $2.2B | $5.7B | ||
| Q3 25 | $2.1B | $5.7B | ||
| Q2 25 | $2.1B | $5.4B | ||
| Q1 25 | $2.1B | $5.7B | ||
| Q4 24 | $2.1B | $5.8B | ||
| Q3 24 | $2.1B | $6.2B | ||
| Q2 24 | $2.1B | $6.6B | ||
| Q1 24 | $2.1B | $6.8B |
负债/权益比LFSTZG
| 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 | $72.0M |
| 自由现金流经营现金流 - 资本支出 | $46.6M | $44.0M |
| 自由现金流率自由现金流/营收 | 12.2% | 6.7% |
| 资本支出强度资本支出/营收 | 2.9% | 4.3% |
| 现金转化率经营现金流/净利润 | 4.93× | 24.00× |
| 过去12个月自由现金流最近4个季度 | $110.0M | $235.0M |
8季度趋势，按日历期对齐
经营现金流LFSTZG
| Q4 25 | $57.6M | $72.0M | ||
| Q3 25 | $27.3M | $105.0M | ||
| Q2 25 | $64.4M | $87.0M | ||
| Q1 25 | $-3.1M | $104.0M | ||
| Q4 24 | $62.3M | $122.0M | ||
| Q3 24 | $22.7M | $171.0M | ||
| Q2 24 | $44.1M | $55.0M | ||
| Q1 24 | $-21.8M | $80.0M |
自由现金流LFSTZG
| Q4 25 | $46.6M | $44.0M | ||
| Q3 25 | $17.0M | $73.0M | ||
| Q2 25 | $56.6M | $50.0M | ||
| Q1 25 | $-10.3M | $68.0M | ||
| Q4 24 | $56.0M | $88.0M | ||
| Q3 24 | $17.7M | $138.0M | ||
| Q2 24 | $39.0M | $18.0M | ||
| Q1 24 | $-26.9M | $41.0M |
自由现金流率LFSTZG
| Q4 25 | 12.2% | 6.7% | ||
| Q3 25 | 4.7% | 10.8% | ||
| Q2 25 | 16.4% | 7.6% | ||
| Q1 25 | -3.1% | 11.4% | ||
| Q4 24 | 17.2% | 15.9% | ||
| Q3 24 | 5.7% | 23.8% | ||
| Q2 24 | 12.5% | 3.1% | ||
| Q1 24 | -9.0% | 7.8% |
资本支出强度LFSTZG
| Q4 25 | 2.9% | 4.3% | ||
| Q3 25 | 2.8% | 4.7% | ||
| Q2 25 | 2.2% | 5.6% | ||
| Q1 25 | 2.2% | 6.0% | ||
| Q4 24 | 1.9% | 6.1% | ||
| Q3 24 | 1.6% | 5.7% | ||
| Q2 24 | 1.6% | 6.5% | ||
| Q1 24 | 1.7% | 7.4% |
现金转化率LFSTZG
| Q4 25 | 4.93× | 24.00× | ||
| Q3 25 | 25.34× | 10.50× | ||
| Q2 25 | — | 43.50× | ||
| Q1 25 | -4.36× | 13.00× | ||
| 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
业务分部营收拆解
LFST
暂无分部数据
ZG
| Residential Revenue | $418.0M | 64% |
| Rental Revenue | $168.0M | 26% |
| Mortgage Revenue | $57.0M | 9% |
| Display Advertising And Other Revenue | $11.0M | 2% |
