LifeStance Health Group, Inc. announced strong first quarter 2025 results, with revenue increasing 11% to $333.0 million and achieving a net income of $0.7 million, a significant improvement from a net loss in the prior year. The company also saw a 10% increase in its clinician base and visit volumes, contributing to its financial performance.
Revenue increased 11% to $333.0 million compared to $300.4 million in Q1 2024.
Net income reached $0.7 million, a substantial improvement from a net loss of $21.1 million in the prior year.
The clinician base grew 10% to 7,535 clinicians, with visit volumes also increasing 10% to 2.1 million.
Adjusted EBITDA increased 25% to $34.6 million, or 10.4% of total revenue, driven by higher revenue per visit and lower center costs.
LifeStance reiterated its full-year 2025 guidance and provided outlook for the second quarter of 2025, expecting continued growth in revenue, Center Margin, and Adjusted EBITDA.