NASDAQ$LFST

LifeStance Health Group Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

LifeStance reported Q1 2026 total revenue of $403.5M (+21% YoY) with net income of $14.2M and basic EPS of $0.04.

For the quarter ended March 31, 2026, LifeStance reported total revenue of $403.5 million versus $333.0 million a year ago. Net income was $14.2 million, or $0.04 per basic share, compared with $0.7 million in Q1 2025. Income from operations was $22.3 million.

  • Total revenue $403.5M (+21% YoY).
  • Net income $14.2M vs $0.7M prior year.
  • Center costs $267.5M.
  • Mental health clinic network scale.

Headline financials

Total Revenue

$403M

Previous: $333M+21.2%
EPS (adj)

$0.04

Previous: $0.00
Capital Expenditures

-$10.8M

Previous: -$7.17M-50.2%
Net Income

$14.2M

Previous: $709K+1908.9%
Operating Income

$22.3M

Previous: $1.6M+1289.3%

Revenue & EPS history

LifeStance · Revenue · Quarterly

$403M

Q1 2026+21.2%vs Q1 2025
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

Behavioral health platform discusses clinic count and payer mix on calls.

Tailwinds

  • Revenue growth and return to meaningful profit.
  • Operating income positive.

Headwinds

  • Thin EPS on large share base.
  • Clinician recruiting and reimbursement pressure.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-4.5%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+1.2%

Avg return

30 days after

42%

8 / 19 earnings

Positive

+24.6%

Q4 2023

Best reaction

-49.7%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+19.8%+7.7%+0.5%
Q4 2025+4.3%+0.0%-11.5%
Q3 2025-3.6%+29.1%+30.1%
Q1 2025-16.0%-10.7%-10.8%
Q4 2024+3.1%+6.8%-10.8%
Q3 2024+3.2%+3.8%+2.9%
Q2 2024+1.6%+6.0%+26.1%
Q1 2024-1.7%+5.9%-19.1%
Q4 2023+24.6%+21.8%-3.4%
Q3 2023-9.4%-8.9%+7.9%
Q2 2023-5.0%-7.4%-17.1%
Q1 2023-1.4%+1.1%+1.7%
Q4 2022+22.2%+23.8%+65.6%
Q3 2022-30.4%-15.9%-23.0%
Q2 2022+6.2%+10.8%+29.3%
Q1 2022-13.9%+0.4%+10.1%
Q4 2021-12.7%-5.9%+4.2%
Q3 2021-27.3%-22.8%-29.1%
Q2 2021-49.7%-40.6%-30.2%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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