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Filing Flows › LifeStance Health Group (LFST) › Q2 2026 › vs Q1 2026

LifeStance Health Group (LFST) Q2 2026 vs Q1 2026 (quarter over quarter)

LifeStance Health Group's revenue rose $31.9M (+8%) from $403M in Q1 2026 to $435M in Q2 2026. Operating margin 7.0% against 5.5% (+1.5 pts).

LifeStance Health Group, Q2 2026: revenue $435M (+26% year over year), operating margin 7.0%, net earnings $23.6M, operating cash flow $99.9M. The chart draws each line against Q1 2026, the increases inside each band.

LifeStance Health Group: what changed, Q2 2026 vs Q1 2026LifeStance Health Group: what changed, Q2 2026 vs Q1 2026Operating cash flow$66.8MFree cash flow (OCF − capex)$65.6MWorking capital & other$51.9MCosts & expenses$23.5MOther operating costs$15.7MNet earnings$9.4MOperating profit$8.4MSG&A$7.8MPre-tax earnings$7.7MShare-based compensation$4.5M

Margins

Q2 2026Q1 2026Change
Operating margin7.0%5.5%+1.5 pts
Net margin5.4%3.5%+1.9 pts
Free cash flow margin20.2%5.5%+14.7 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$435M$403M$31.9M+8%
Operating profit$30.7M$22.3M$8.4M+38%
Costs & expenses$405M$381M$23.5M+6%
Pre-tax earnings$27.5M$19.8M$7.7M+39%
Other expense, net$3.2M$2.5M$672K+27%
SG&A$108M$100M$7.8M+8%
Other operating costs$297M$281M$15.7M+6%
Net earnings$23.6M$14.2M$9.4M+66%
Income tax$3.8M$5.5M−$1.7M-30%
Depreciation & amortization$11.3M$10.4M$943K+9%
Share-based compensation$19.7M$15.2M$4.5M+30%
Working capital & other$45.2M−$6.7M$51.9M—
Operating cash flow$99.9M$33.1M$66.8M+202%
Free cash flow (OCF − capex)$87.9M$22.3M$65.6M+294%
Capital expenditures$12.0M$10.8M$1.2M+11%

Questions

How much did LifeStance Health Group's revenue grow quarter over quarter in Q2 2026?

LifeStance Health Group's revenue rose $31.9M (+8%) from $403M in Q1 2026 to $435M in Q2 2026. Operating margin 7.0% against 5.5% (+1.5 pts).

Q2 2026 results → · Compare in the interactive Sankey →