Quarterly ResultMay 7, 2026, 04:07 PM
LifeStance Health Q1 Revenue +21.2% to $403.5M; Net Income $14.2M
AI Summary
LifeStance Health Group reported strong first-quarter results for 2026, with total revenue increasing by 21.2% year-over-year to $403.5 million. The company achieved significant growth in net income, reaching $14.2 million, and saw a positive shift in operating cash flow. Additionally, LifeStance Health initiated a $100 million share repurchase program and completed two acquisitions during the quarter.
Key Highlights
- Total revenue increased by 21.2% to $403.5 million for Q1 2026, up from $333.0 million in Q1 2025.
- Net income for Q1 2026 was $14.2 million, a substantial increase from $0.7 million in Q1 2025.
- Basic and diluted earnings per share rose to $0.04 in Q1 2026 from $0.00 in Q1 2025.
- Net cash provided by operating activities was $33.1 million in Q1 2026, compared to a net cash used of $3.1 million in Q1 2025.
- The company repurchased $49.1 million of common stock under a new $100 million share repurchase program.
- Acquired 2 outpatient mental health practices for a total consideration of $4.4 million during the quarter.
- Goodwill increased to $1.297 billion as of March 31, 2026, primarily due to business acquisitions.
- Cash and cash equivalents stood at $194.8 million at the end of Q1 2026.
Price Impact
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