)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Lifestance Health Group (LFST) investor relations material
Lifestance Health Group Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary6 Nov, 2025
Executive summary
Achieved record Q3 2025 revenue of $363.8 million, up 16% year-over-year, driven by 17% growth in visit volumes and an 11% increase in clinician base to 7,996, with improved clinician productivity and net additions.
Adjusted EBITDA reached $40.2 million (11.1% margin), up 31% year-over-year, the highest since going public.
Net income was $1.1 million, a turnaround from a net loss in Q3 2024, marking the second consecutive quarter of positive net income.
Strategic partnerships, including with Calm, and investments in technology and new centers supported growth and expanded access.
Financial highlights
Center Margin increased 16% year-over-year to $116.6 million (32.0% of revenue).
Free cash flow was $17 million for Q3 2025; cash position at quarter-end was $203.9 million, with net long-term debt of $269 million.
Operating cash flow for the nine months ended September 30, 2025, was $88.6 million, up from the prior year.
Revenue per visit remained stable at $158.
Outlook and guidance
Full-year 2025 revenue guidance maintained at $1.41–$1.43 billion; Adjusted EBITDA guidance raised to $146–$152 million; Center Margin guidance raised to $448–$462 million.
Q4 2025 revenue expected at $368–$388 million; Adjusted EBITDA at $37–$43 million.
Plan to open 20–25 new centers in 2025, with M&A as a potential complement to organic growth.
Management believes current liquidity is sufficient to fund operations and growth for at least the next 12 months.
What specific AI/tech initiatives drive 2026 margin expansion?
Beyond Calm, what new referral channels are targeted?
Detail M&A criteria for geographic expansion
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Lifestance Health Group earnings date
Q4 202527 Feb, 2026
Next Lifestance Health Group earnings date
Q4 202527 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Lifestance Health Group Inc provides outpatient mental health services, offering a combination of in-person and virtual care options. The company's services include psychiatric evaluations, therapy, medication management, and psychological testing. Lifestance Health serves children, adolescents, and adults through a network of clinicians across the United States. The company is headquartered in Scottsdale, Arizona, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage